While no one can accurately predict the future, the recent decline in the price of #BONK could pave the way for a deciding moment for the asset’s future price.Such a substantial price drop can easily turn into a downward spiral that sends the price into hard-to-recover-from levels. The second largest meme coin, Shiba Inu, is an example of a token that has faced a similar struggle. While SHIB has impressed in recent weeks, it remains 87.79% below its October 2021 all-time high.Meanwhile, BONK’s decline could also pave the way for a new crop of holders who missed out on the initial run-up to build a position. However, there is no guarantee this would be favorable, and investors should conduct thorough research before jumping in.In BONK’s case, the recent listing on Coinbase could help its course in the same way that Solana’s recent rise to stardom has impacted BONK’s price positively.However, continued selling pressure could see investor confidence evaporate and potentially send the token into the ashes, where most meme coin-related projects end up after their classic moments.$BONK

MAJOR RIPPLE (XRP) V. SEC UPDATES COMING THIS WEEK: DETAILS Check out what developments related to the #Ripple v SEC trial are about to occur in the following days.
TL;DR
The legal spat between Ripple and the SEC has progressed to trial, with analysts predicting a win for the company due to previous positive court developments.
Some expect an #XRP bull run if the firm emerges victorious, though a final resolution may be delayed in the following years.
An Eventful Week :-
After firing shots at each other for over three years, the legal battle between Ripple and the United States Securities and Exchange Commission (SEC) finally entered its trial phase.
Recall that the lawsuit’s start was in December 2020 when the watchdog accused the company of illegally raising more than $1.3 billion in an unregistered securities offering. Ripple opposed the claims, arguing that its native token should not be classified as such investment, thus not falling under the jurisdiction of the agency.
The trial is surrounded by multiple developments and obligations that both parties must meet. A few days ago, Magistrate Judge Sarah Netburn entered a new scheduling order requiring the SEC to file its response on the motion for remedies and entry of final judgment. The Commission is supposed to do that today (April 29), whereas Ripple was granted three business days thereafter to reply.
Numerous industry participants viewed the involvement of Judge Netburn as a positive sign for a decisive Ripple victory due to her relatively favorable stance toward XRP. Three years ago, she opined that the company’s native cryptocurrency has a utility that “distinguishes it from Bitcoin and Ether.”
Possible Impact on XRP :-
The price of XRP reacted positively to each of the three partial court wins secured by Ripple
throughout 2023, with multiple analysts
envisioning a real bull run if the company
emerges victorious after the trial.
It is important to note that the start of the trial
does not necessarily mean that a final
settlement is just around the corner.
$XRP

While Lido DAO (DAO) Rebounds From Critical Levels: Will They Follow the NOT Price Rally?
After the recent pullback, the crypto markets appear to have ignited a strong recovery phase, as most of the tokens have triggered a decent rebound. While the token Toncoin (TON) marked a fresh high of around $8.24, other altcoins like Lido DAO (LDO) initiated a strong rebound. Here’s what to expect from these tokens if the Bitcoin price fails to hold the crucial support at $66,000.
Toncoin (TON) Price Hints a 10% Correction
Toncoin price had maintained a strong ascending trend and marked a new ATH above $8 after breaking above the extended consolidation. After reaching new highs, the token is facing a fresh bearish action, which has mounted enough selling pressure over the token. Therefore, in the coming days, the TON price is expected to undergo a 10% drop and mark the bottoms at the lower support levels.
The token tested the levels at around $7.5 multiple times but failed to sustain them, making the levels one of the crucial points to achieve. However, the levels are expected to drop back within the range as the RSI fails to surpass the upper threshold, initiating a pullback. Therefore, the price is expected to drop by 8% to reach $7.4, which may trigger a rebound to a new ATH above $9 at $9.75 in the first few days of H2.
Lido DAO (LDO) Eyes at 25% Upswing
Regardless of the bearish influence, the Lido DAO price has been trading within an ascending trend in the long term. The previous attempt to rebound from the lower support seemed to have failed as the token faced a rejection at $2.7. However, the recent rebound has triggered the validation, which may occur following a 15% upswing.
After two consecutive bearish weeks, the price is heading towards recording a bullish close for the week. Besides, the weekly RSI has triggered a rebound while the MACD has displayed a drop in selling pressure. Therefore, the price is expected to maintain an ascending consolidation and reach the upper resistance zone between $2.5 and 2.6 probably in the first few days of the coming month.
#AirdropGuide

Chinese Football Fans Show Class, Praise Singapore for Keeping World Cup Dreams Alive
In a heartwarming display of sportsmanship, Chinese football fans have taken to social media to praise Singapore, their group rivals, for their crucial 3-1 loss to Thailand. This unexpected turn of events has kept China's hopes alive for qualifying for the FIFA 2026 World Cup.

Singapore's defeat to Thailand on Tuesday night was met with an outpouring of appreciation from Chinese fans, who recognized the importance of the result. The loss meant that China still has a chance to qualify for the prestigious tournament, and fans were quick to express their gratitude.

"We are grateful for your contribution to our World Cup dreams, Singapore!" wrote one fan on Weibo, China's popular social media platform. "Your loss is our gain, but we appreciate your team's fighting spirit!"

The sentiment was echoed by many, with fans praising Singapore's performance and acknowledging the significance of their role in keeping China's qualification hopes alive.

"Singapore, you may have lost the battle, but you've won our respect!" commented another fan. "Your team's courage and determination have given us a second chance. Thank you!"

This show of appreciation from Chinese fans is a testament to the power of sports to unite people across borders and rivalries. Despite the intense competition, fans can put aside their differences and recognize the greater good.

As China looks ahead to their remaining qualifying matches, they do so with renewed hope and a sense of gratitude towards their Singaporean counterparts. The unexpected turn of events has brought the two nations closer together, showcasing the beauty of football in building bridges and fostering camaraderie.
#AirdropGuide

PEPE’s price reversal depends on these key factors panning out
#PEPE grabbed investors’ attention over the last few days, especially as it traded close to a strong support level for a likely price reversal if its nascent bullish momentum steers a price surge. In fact, such a move could fuel a major rally on the charts.

PEPE’s prices have recorded a 33.53% pullback since May 28 to retest a support level at $0.000015.  PEPE has since consolidated around the support level for the past 6 days, with bullish momentum gradually building. The price action has respected an ascending trendline too. 

The exponential moving averages (EMA 50/100) seemed to provide additional support as the EMA 50-day trend was above the EMA 100-day with PEPE trading above.

Additionally, the stochastic RSI pointed to a slightly overbought zone, suggesting a sustained uptrend after a brief consolidation. This confluence between the support levels and indicators makes PEPE a meme for investors to watch for long positions.

PEPE volume, open interest on USD exchanges flash bullish signals
AMBCrypto further analysed volume, open interest on the USD exchange, and the total number of holders on Santiment. PEPE’s volume indicated several spikes correlating with an increasing open interest. This correlation highlighted greater PEPE trading activity and interest at this significant support level.

The total number of holders seemed to rise steadily too, reflecting widening investor confidence and the accumulation of PEPE tokens. With these market sentiments, the key support level can prove to be a stronghold for the market’s bulls.
$PEPE
#AirdropGuide

#Ripple Market Confusion:
In a dramatic display of market activity, over 118 million #XRP were moved between wallets and exchanges in the last 24 hours. This significant movement highlights both accumulation and dumping behaviours among large holders, offering insights into current market sentiments.
Let’s explore the details and implications of these significant transactions.
Whale Movements: Accumulation vs. Dumping
According to data from Whale Alert, major players known as whales orchestrated substantial movements within the XRP ecosystem. A total of 118.32 million XRP was transferred, with one whale accumulating 54.99 million XRP and another dumping 63.33 million XRP. This contrast highlights differing market behaviors and strategies.
One notable whale, identified by the address rarG6FaeYh, has been actively accumulating XRP despite recent price dips. This strategic move suggests optimism about future gains, amidst ongoing market fluctuations.
Dumping Signals Caution
Conversely, another address …Rzn unloaded a significant amount of XRP, totaling 63.33 million tokens. This decision reflects a more cautious approach, possibly driven by profit-taking or risk management in response to market uncertainties.
Market Sentiments and Price Movements
These transactions provide a nuanced view of current market sentiments towards XRP. While bullish accumulation indicates confidence and long-term investment perspectives, significant dumping suggests some holders are taking a more conservative stance amid market volatility. XRP’s current value is $0.478, marking a slight 1.5% decrease in the past day,
$XRP
#AirdropGuide

#Uniswap (UNI) Price Gives Strong Breakout Above $10, How Far Will the Rally Continue?
Uniswap price chart shows a bullish golden cross pattern, indicating potential for further gains. The RSI stands at 52.68 allowing room for additional price
UNI coin has experienced a strong breakout above $10 opening the gates for another 30-50% rally.
The Uniswap RSI stands at 52.68, indicating the potential for further price movements.
Uniswap can extend the rally to $13.15 and further to $15 from the current levels.
Despite strong consolidation in the broader crypto market Uniswap’s native cryptocurrency UNI has given a strong breakout above $10. The Uniswap price today is trading 8.8% up at $10.68 with a market cap of $6.4 billion. However, the daily trading volumes for UNI coin have dropped by 25% moving all the way to $262 million.
UNI Coin Forms Golden Cross on Charts
On the technical chart patterns, Uniswap continues to show strength by forming the bullish golden cross pattern. The Golden Cross forms whenever the 50-day moving average surpasses the 200-day moving average. The recent price movements show a strong Uniswap price recovery from the lower levels.
$UNI
#BinanceTournament

Britain’s public healthcare chief flags rise in crypto trading addiction
NHS boss Amanda Pritchard called for action, saying specialist clinics are seeing a rise in young people with crypto trading addictions.

The United Kingdom’s National Health Service chief executive Amanda Pritchard is calling on British lawmakers to take action to prevent young people from becoming addicted to crypto trading.

Speaking at the ConfedExpo of NHS managers in Manchester on June 12, Pritchard said earlier this year, the NHS opened its fifteenth specialist gambling addiction clinic in response to “a real and growing social need.”

“As a society, we need to ask: Are we okay to just continue picking up the pieces while the methods employed to keep people hooked get ever more sophisticated,” she said.

“Evermore opportunities spring up for younger people to get addicted to gambling, including — as I heard from staff when I visited the national problem gambling clinic earlier this year — on unregulated cryptocurrency markets.”
The Times reported Pritchard later said, “The addictive habit sees people investing their own money in something with no fixed value, with the NHS left to pick up the pieces — this growing problem could create further demand for the health service.”

She told conferencegoers that questions need to be asked about “what we want the NHS to do with finite resources.”
#TopCoinsJune2024

Early Tuesday Trump met executives from Nasdaq-listed #bitcoin mining firm CleanSpark Inc. and Riot Platforms.
Donald Trump wants to mine all the remaining BTC in the U.S.
The Republican presidential candidate sees BTC as the last line of defense against a central bank digital currency (CBDC).
Republican presidential candidate Donald Trump said on Tuesday that he wants all the remaining bitcoin to be made in the U.S., reiterating that it will help the country become energy-dominant.
"Bitcoin mining may be our last line of defense against a CBDC. Biden’s hatred of Bitcoin only helps China, Russia, and the Radical Communist Left. We want all the remaining Bitcoin to be MADE IN THE USA!!! It will help us be ENERGY DOMINANT," Trump said in a late-night post on the social media platform Truth Social.
Trump's post likely indicates he'd like to see more bitcoin mining done by U.S. companies using local resources. Current mining hotspots are China, Central Asian countries, El Salvador, and some European countries such as Germany,
$BTC
#TopCoinsJune2024

The crypto market is currently facing selling pressure, and cryptocurrencies Shiba Inu (SHIB), Dogwifhat (WIF), #FLOKI and #PEPE are not exempt from the bearish action, posting significant losses over the past day. Advertisement At the time of writing, Pepe (PEPE) and Dogwifhat (WIF) have each dropped 9.17% and 11.52% in the past 24 hours. Frog-themed meme coin PEPE's price was trading at 0.00001244, and the Solana-based meme coin WIF price was at $2.52, according to CoinMarketCap data.Meanwhile, dog coins Shiba Inu (SHIB) and Floki have dropped 5% and 13.52%, respectively, over the last day. At the time of writing, the FLOKI price had fallen to $0.0002156, and the SHIB price had decreased to $0.00002136 in the previous day.Meme coins have stolen the spotlight in recent weeks, and the recent price drop might have been induced by profit-taking as well as a general market downturn.The crypto market led by Bitcoin has seen whipsaw trading action in the last 24 hours. Bitcoin prices rose after the Consumer Price Index (CPI) print came in higher than predicted on Wednesday. The gain, however, was short-lived, as Bitcoin's price fell following comments from Fed Chair Jerome Powell. Related Wed, 08/09/2023 - 11:42 Meme Coin Pepe (PEPE) Might Be Set for Big Move, Here's Likely Trigger Tomiwabold Olajide Bitcoin and the entire crypto market deepened losses on Thursday ahead of the release of economic data that could shed light on the Fed's future path.The U.S. PPI monthly rate in May was -0.2%, the largest drop since October 2023, with an expected 0.10% and a previous value of 0.50%. The PPI annual rate was 2.2%, with an expected 2.50% and a previous value of 2.20%. The core PPI annual rate in May was 2.3%, with an expected…— Wu Blockchain (@WuBlockchain) June 13, 2024 According to the data released, the U.S. PPI monthly rate unexpectedly declined in May to -0.2%, the greatest drop since October 2023, compared to an expected 0.10% and a prior value of 0.50%.The PPI annual rate was 2.2%, compared to an expected 2.50% and a previous value of 2.20%. The core PPI annual rate in May was 2.3%, compared to an expected 2.4% and a previous value of 2.40%. This could indicate that inflation pressures are receding.In the short term, traders are on the lookout for the market's reaction to the recently released data and to decide the next price moves, with SHIB, PEPE, FLOKI and WIF in mind.
#TopCoinsJune2024

In this articleNew U.S. sanctions against Russia will shut down trading in dollars and euros on its leading financial marketplace, the Moscow Exchange, the bourse and the central bank said on Wednesday."Due to the introduction of restrictive measures by the United States against the Moscow Exchange Group, exchange trading and settlements of deliverable instruments in U.S. dollars and euros are suspended," the central bank said.It added that it would use over-the-counter trading data to set official exchange rates for the dollar and euro.The bank rushed out a statement, despite a public holiday in Russia, to reassure people that their dollar and euro bank deposits were secure."Companies and individuals can continue to buy and sell U.S. dollars and euros through Russian banks. All funds in U.S. dollars and euros in the accounts and deposits of citizens and companies remain safe," it said.The Moscow Exchange, Russia's biggest bourse, also said share trading and money market trades settled in dollars and euros would cease.
#TopCoinsJune2024

#Ripple has issued a new update on one of the developer community's top requests: bringing Ethereum Virtual Machine (EVM) compatibility to the XRP Ledger. Advertisement Ripple also revealed the official name of the highly awaited sidechain, which is "XRPL EVM Sidechain." The sidechain is expected to provide new opportunities for XRPL developers in decentralized finance (DeFi) and real-world asset (RWA) tokenization, hence encouraging innovation and expanding the network's value and reach.1/ Introducing the XRPL EVM Sidechain: We're excited to bring Ethereum Virtual Machine (EVM) compatibility to the XRP Ledger, enhancing interoperability and unlocking new opportunities in DeFi and RWA. RippleX 📍#XRPLApex June 12, 2024 Connecting the XRPL EVM Sidechain to the XRPL mainnet would require the use of a bridge, in which wrapped XRP (eXRP) acts as both the native asset and the gas token. This bridge allows for the easy movement of assets between XRPL and the EVM Sidechain, ensuring interoperability and quick transaction processing. It would also allow developers to take advantage of the strengths of both networks.As the XRPL EVM Sidechain launch date approaches, the top priorities are to secure the mainnet bridge and to improve the user and developer experience so that bridging assets is a seamless procedure. Related Wed, 06/12/2024 - 13:42 Ripple CEO Backs XRP Community Amid Major Event: Details Tomiwabold Olajide The XRPL EVM sidechain is also expected to launch, with Axelar serving as the exclusive bridge to source the sidechain's native gas token (eXRP) from XRPL. Axelar can also be used to connect other fungible tokens to and from the XRPL mainnet, as well as more than 55 blockchains in the Axelar ecosystem.Way forward for XLS-38 amendmentRipple noted that the current method of transferring new tokens via XLS-38 was "arduous." Using two distinct bridges — XLS-38 for XRP and Axelar for other tokens — to execute cross-chain smart contracts complicates the user experience. Consolidating into a single bridge is expected to simplify the procedure, hence the use of Axelar as an exclusive bridge.XLS-38 lays the groundwork for XRPL developers looking to create custom sidechains.
$XRP
#TopCoinsJune2024

#Ethereum Whale Dumps $1.1 Billion, Triggers Bullish Sentiment and Altcoin Season Predictions. An extraordinary and massive Ethereum transaction has stirred the crypto world. A mysterious wallet that has been collecting Ethereum since November 2018 made a massive sale totaling $1.1 billion through two separate 150,000 #ETH transactions. While the identity behind these transactions remains secret, it has sparked a wave of speculation and analysis among enthusiasts and analysts. Despite this significant sell-off, the overall sentiment within the Ethereum market and the broader altcoin ecosystem is surprisingly positive. Prominent industry figures such as ParabolicPump state that Ethereum's current price dynamics point to larger market trends. According to ParabolicPump, Ethereum's current price trend indicates that the market is in a sustainable bull phase that has not yet reached its peak. Despite a recent decline of 3.77% to $3,532.80, the long-term outlook remains promising. Analysts suggest that this temporary decline is a strategic move to eliminate weak holders from the market. As the bull cycle progresses, Ethereum is expected to reach new all-time highs not yet seen in this cycle. ParabolicPump and other analysts predict that #Ethereum could rise to $10,000; This inflection point will likely lead to increased retail investment and further development of the market. Bullish predictions for #Ethereum are expanding as many experts predict significant price movements in the altcoin segment. This anticipated phase is popularly known as the “Altseason” and involves dramatic price increases across various altcoins, driven by the leading performance of major cryptocurrencies, especially Ethereum. Analysts suggest that the final phase of the bull cycle will see the most significant price increases for altcoins, promising lucrative opportunities for investors. $ETH
$ETH
#TopCoinsJune2024

The cryptocurrency market is facing a significant correction, with #Bitcoin falling to around $67,500 and the global crypto market cap falling to $2.6 trillion. VeChain (VET) follows the market trend, dipping 3.8% in the daily chart, 10.6% in the weekly chart, nearly 15% in the 14-day chart, and 12.6% over the previous month. Source: CoinGecko Also Read: VeChain: Should You Buy VET in June 2024? The latest correction could be due to strong numbers of the US employment data. The employment data has faced expectations of an interest rate cut, leading to high liquidations. Furthermore, the US FOMC (Federal Open Market Committee) meeting is scheduled for June 12, 2024. Traders may be expecting a hawkish stance from the Federal Reserve, hence exiting positions from risky assets, such as cryptocurrencies. Will VeChain (VET) recover? Source – Facts.net According to CoinCodex data, VET will continue to decline over the next few days. The platform predicts VET to hit $0.028 on June 18, 2024. Reaching $0.028 from current levels would translate to a drop of about 6.6%. However, CoinCodex anticipates VET to gain momentum by the end of this month, hitting $0.031 on June 30, 2024. Source: CoinCodex Changelly, on the other hand, predicts VeChain (VET) to hit a maximum price of $0.0464 in June. Reaching $0.0464 from current price levels would translate to a growth of about 54.6%. VeChain (VET) is a supply-chain-based project with several environment-related initiatives. The project recently announced a partnership with Vyvo Smart Chain, aimed to revolutionize health and lifestyle monitoring. The project aims to do this by incentivizing positive behaviors using B3TR tokens. Also Read: VeChain: Can $1000 of VET in 2024 Make $1 million By 2030? The project has also announced that its native tokens, VET and VTHO, are now available on Revolut. The development could lead to a spike in adoption and, consequently, price. We're BULLISH to share that #VeChain's native tokens, $VET and $VTHO, are now available on one of the biggest fintech platforms in the industry, #REVOLUT! 🔥 They have more than 40+ MILLION USERS across 50 countries that handle over 330+ million transactions per month!This…
$VET
#TopCoinsJune2024

US Banks And Wall Street Giants Buy #Bitcoin ETFs.
Recent SEC filings under the Form 13F have disclosed that several major Wall Street firms and US banks have started purchasing Bitcoin ETFs. These revelations underscore a growing institutional interest in Bitcoin, which could have considerable implications for the cryptocurrency’s acceptance and valuation.
Julian Fahrer, the CEO of the Bitcoin-centric app Apollo Sats, highlighted the importance of these disclosures, stating on social media platform X, “BREAKING: 13F SEC Filings show US Banks are buying Bitcoin.”
US Banks And Wall Street Buy Bitcoin ETFs
Fahrer noted that these filings include purchases from a range of investment managers and family offices with assets under management from $200 million to $10 billion, signaling a broadening base of institutional acceptance. Particularly, he pointed out American National Bank’s investment in Ark’s ETF, describing it as “significant for breaking the seal on banks buying ETFs.”The second biggest name in the list is Park Avenue Securities LLC with an AUM of $9.9B which bought 7,328 GBTC shares worth $ 457,780. In total, Wall Street firms with a combined $15 billion in AUM bought exposure to Bitcoin ETFs worth approximately $4 million in Q1. The detailed breakdown of these investments is as follows:
LexAurum Advisors, LLC purchased 11,973 shares of BlackRock’s IBIT ETF, totaling $484,547.
Founders Capital Management acquired 261 IBIT shares for $10,563.
Signal Advisors Wealth invested in 20,571 IBIT shares worth $832,496.
Park Avenue Securities LLC bought 7,328 shares of Grayscale’s GBTC, amounting to $457,780.
Marshall & Sullivan Inc purchased 4,040 GBTC shares for $255,207.
Johnson & White Wealth Management, LLC acquired 9,810 GBTC shares totaling $613,125.
BCS Wealth Management bought 9,196 GBTC shares valued at $574,750.
Inscription Capital LLC invested in 4,866 GBTC shares worth $299,016.
Wedmont Private Capital bought 3,471 shares of Fidelity’s FBTC ETF for $209,336.
Gunderson Capital Management invested in 7,671 shares of Bitwise’s BITB ETF for $296,944.
American National Bank acquired 100 shares of Ark Invest’s ARKB for $7,098.
#TopCoinsJune2024