$BEER- New SOL memecoin in price discovery $NOT- Market leader in TON narrative. Continues to break ATH $DOG- Runes leader continues to run close to $1B mcap $JASMY- Infrastructure play. Strong momentum $BRETT- Meme leader on Base that has a second wind $NPC- Token NFT hybrid memecoin $ORDI- BRC 20 play showing strength with BTC momentum $OM- New L1 focused on RWAs $BB- CeDeFi project pumping into resistance $PEOPLE- Old memecoin that has been outperforming the past month $WZRD- Over 2x from the recent lows. Running with BTC narrative $FLT- DePin play moving up from recent lows $KASPA- Proof of work L1 testing ATH $AR- Testing resistance with hype from AO launch $TOSHI- Base memecoin gaining traction $ANDY- Pepe beta play retracing after big move up $PUPS- Pumping with Ordinals comeback $ALICE- Old GameFi project seeing strength from lows. #altcoins #BTC #btc70k #BnbAth
💥💥We are just 42% of 2024, yet we are winning with #Bitcoin 💥💥 .
1. Spot Bitcoin ETFs
🟠 United States 🟠 Hong Kong 🟠 United Kingdom (ETPs) 🟠 Australia 🟠 Thailand
2. States' Initiative to Protect Bitcoin Rights
Signed to Law: 🟠 Oklahoma
Pass a Bill: 🟡 Missouri 🟡 Ohio 🟡 South Carolina 🟡 Mississippi 🟡 Tennessee 🟡 Virginia 🟡 Nebraska 🟡 Indiana 🟡 Louisiana
3. U.S. Election
🟠 Donald Trump: Pro-Crypto 🟠 Robert Kennedy Jr.: Pro-Crypto 🟡 Joe Biden: Started to shift
4. Institutions Adoption
Around 700 financial firms and institutions reported having Bitcoin ETF shares.
Top 5 biggest names and holdings: 🟠 Millenium Management 🟠 Susquehanna International Group 🟠 Bracebridge Capital 🟠 Jane Street Group 🟠 Schonfeld Strategic Advisors
5. Crypto Regulations
🟠 FIT21 - passed the House 🟠 CBDC Anti-Surveillance State Act - passed the House.
💥💥Good Day! Here are the top news in #Crypto for the past 24 hours💥💥
💥BlackRock and Citadel Securities are backing the new Texas Stock Exchange, planning to start in 2025, targeting listings and reducing compliance costs.
💥Thailand's SEC launches its first Bitcoin ETF, ONE-BTCETFOF-UI by One Asset Management, targeting affluent and institutional investors.
💥Ripple CEO Brad Garlinghouse anticipates XRP ETFs by 2025, following Ethereum and Bitcoin ETFs, seeing it as an inevitable development.
💥VanEck CEO predicts Bitcoin will reach half the market cap of gold, estimating a $7 trillion valuation within 5 to 10 years.
💥 FTX seeks to reduce its tax debt to the IRS from $24 billion to $200 million, disputing liabilities related to misappropriated funds by Bankman-Fried.
💥Euro-pegged stablecoin issuer Lugh halts EURL issuance due to MiCA, guaranteeing redemption until August 30, 2024. Circulation dropped significantly.
💥StarkWare plans to expand its zero-knowledge scaling technology to Bitcoin, aiming to scale both Bitcoin and Ethereum networks simultaneously.
💥Bitpanda partners with Deutsche Bank to process fiat transactions in Germany, providing local IBANs and supporting deposits and withdrawals.
💥Polygon Labs acquires zero-knowledge research firm Toposware, marking its third major ZK acquisition in three years to enhance its zkEVM technology.
💥BREAKING: Ripple CEO confirms "XRP ETF is coming soon."
The $XRPL is expected to process $1 trillion in transactions within $DeFi. Impressively, the CTF token is the sole $XRP Ledger $DeFi token to rank in the top 10!
Go back to basics when you're unsure of your next move.
• Resist the urge to FOMO in or catch a falling knife on small moves. • Strip out the leverage trades and eliminate the liquidation risks. • Avoid any risky plays until you see a clear pattern or direction. • Zoom out and look at the bigger picture.
Uncertainty often leads to rash moves which always ends up in regret for most.