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🧙‍♂️ According to Nansen data, among the first 10,000 addresses to receive ZK Airdrop; 🔸Keeping 42.49%, 🔸30.3% to completely transfer or sell approximately #Zk 234 million, 🔸27.2% chose to partially transfer or sell approximately #Zk 103 million. #CryptoDeNostradame #ParrotBambooCrypto

🧙‍♂️ According to Nansen data, among the first 10,000 addresses to receive ZK Airdrop;

🔸Keeping 42.49%,

🔸30.3% to completely transfer or sell approximately #Zk 234 million,

🔸27.2% chose to partially transfer or sell approximately #Zk 103 million.

#CryptoDeNostradame #ParrotBambooCrypto

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Hashdex Applies for Spot Bitcoin and Ethereum ETF. Three weeks after withdrawing its spot Ethereum ETF application, Hashdex is now back in the spotlight with an unexpected 19b-4 filing for spot Bitcoin and Ethereum ETFs. This two-way ETF offers to combine two major cryptocurrencies into a single investment vehicle. The application was highlighted by #ETF Store President Nate Geraci, who shared a screenshot of the document filed with the United States Securities and Exchange Commission (SEC) on June 17. The filing proposes that the Hashdex Nasdaq Crypto Index US ETF may be listed and traded pursuant to Nasdaq Rules 5711(d). According to the statement, the ETF will be managed by Hashdex, but not by Tidal ETF Services LLC, and custody of the assets will be done by Coinbase Custody Trust Company and Bitcoin Trust. The Spot Bitcoin and #Ethereum ETF is different from previous ETF products approved by the SEC and aims to provide investors with access to these two cryptocurrencies through a single fund. This can simplify investment strategies for both institutional and individual investors and offer access to the performance of these digital assets without the need to directly own them. The SEC's decision on this application is expected to be announced in March 2025. This development comes after Hashdex withdrew its spot Ethereum ETF application; This decision comes just weeks after the SEC approved similar filings from other major issuers such as VanEck, Fidelity and Grayscale. Grayscale also recently withdrew its application for an Ethereum Futures ETF, leading to speculation about its strategic intentions. Bloomberg ETF Research Analyst James Seyffart suggested that Grayscale could aim to repeat the success of the GBTC #Bitcoin ETF. $BTC $ETH
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🎮✨#BinaryX Giveaway for all GameFi players! 💸Win $30 for 5 lucky winners! To enter: 1. Follow @binary_x 2.❤️& RT this tweet 3. Reply & tag 2 friends What’s your fave GameFi? 🧑‍💻A: Web-page 🎮B: 3A 📱C: Mini Apps 📲D: Mobile #Giveaway #GameFi #BinaryX
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There are Cryptocurrency Move Claims from Elon Musk! Will Dogecoin Payments Come on X? Here is the Truth of the Claims #ElonMusk , the name behind the social media platform X, is working to turn the platform into an all-encompassing application. A key part of this ambitious plan involves integrating a payment network into the primary social networking service. Although details of this project are difficult to obtain, a series of documents filed with state regulators offer a new perspective on the company's direction. These heretofore undisclosed documents reveal plans for a Venmo-like payment feature. Thanks to this feature, users will be able to deposit money to their X accounts, make payments to other users or businesses, and even purchase goods and services from physical stores. Musk has frequently said that X needs to diversify its revenue streams beyond advertising, which has historically accounted for more than 90% of its sales. He also suggested that X has the potential to become the world's largest financial institution. The documents show that X did not intend to charge significant fees for payment services. Instead, the company told regulators that it viewed the provision of payment services as a strategy to improve its business by encouraging “increased participation and interaction” in the app. Financial details shared with regulators also shed light on the business difficulties the company has experienced since Musk took control in late 2022. It reveals that The company reported a loss of $456 million in the first quarter of 2023. Musk's interest in cryptocurrencies is well known. Automotive company Tesla once held approximately $1.5 billion in Bitcoin on its balance sheet and briefly allowed customers to buy Teslas using #Bitcoin . However, this option was quickly suspended and the company has since sold a significant portion of its Bitcoin holdings. $BTC
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📢 On June 17, spot Bitcoin ETFs experienced an outflow of $146 million. •#Grayscale (GBTC) Bitcoin ETF experienced a $3 million outflow. • #Fidelity (FBTC) Bitcoin ETF saw an outflow of $92 million. • #Ark Invest (ARKB) ETF experienced an outflow of $50 million.
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Dogecoin (DOGE) Sentiment Reaches Record Low, Pointing to a Potential Buying Opportunity. When analyzing overall market sentiment towards #Dogecoin , Weighted Sentiment has reached a low not seen since January. This metric is critical for understanding investor mood, combining the asset's sentiment score with the volume of social media discussions. A sharp decline here indicates widespread negative sentiment and often heralds price declines. When Weighted Sentiment turns to a negative value, it usually signals a bearish market and indicates that prices may fall further. However, analysts at Santiment described this decline as a strategic buying opportunity. They argue that if negative sentiment reaches such a low level, it could be a sign that the market is ready for a rebound. Analysis of the #MVRV ratio, which compares the market value of an asset to its realized value, also supports this view. For Dogecoin, MVRV rates for the 30-day and 90-day periods were in the negative territory at -12.48% and -20.54%, respectively. The MVRV ratio helps determine whether the current price of an asset is overvalued or undervalued. A positive #MVRV ratio indicates that the coin is trading above its average purchase price and indicates potential overvaluation. Conversely, a negative MVRV ratio indicates undervaluation and indicates that the current market price is below the average cost basis of token assets. The currently negative #MVRV ratio for Dogecoin often indicates that the asset is a good buying opportunity because it is undervalued. $BTC $DOGE
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