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🔥 Rally Report 🔥
ETHEREUM NAME SERVICE
The price of ENS has rallied by 19% in the past 24 hours.
WHY?!
🤔 The rally is likely a result of traders using ENS as a type of beta play on the price of ETH.
🔍 Notably, spot Ethereum ETFs are expected to be approved in the U.S. over the next few weeks. Also, the price of ETH saw a small rally yesterday as a total of $20.4 million worth of ETH shorts were liquidated.
If you want to buy or trade ENS, we have an exclusive $60K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
📹 https://www.youtube.com/watch?v=YZV9mji7UQo
🚨 New Video Alert!! 🚨
It’s no mystery that the World Economic Forum influences a lot of things, yet people often forget that the WEF has a direct influence on the economy despite ‘economy’ being in the name.
Recently, the WEF published an economic report that included projections for what’s coming next. Not surprisingly, the WEF’s own economists believe everything will be just great!
What is surprising is how worried the WEF seems to be about political and geopolitical factors. It’s safe to say that both could throw its so called ‘agenda’ off course.
This is a video you can’t miss…
🔥 Rally Report 🔥
KASPA
The price of KAS has rallied by 8% in the past 24 hours.
WHY?!
🔍 The rally comes ahead of the launch of Kasplex’s open beta on June 30th.
⚡️ Notably, Kasplex, a protocol on the Kaspa ecosystem, plans to introduce the new KRC-20 fungible token standard and also support the creation and management of NFTs on the Kaspa network.
If you want to buy or trade KAS, we have an exclusive $60K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
📹 https://www.youtube.com/watch?v=YZV9mji7UQo
🚨 New Video Alert!! 🚨
What the hell is going on with the state of the markets?
Why haven't we seen any movement in Bitcoin despite the ETF flows? Which layer 1s and layer 2s have potential and which are hot air? What do the onchain stats tell us about potential market tops?
Well, most of these questions can be broken down by looking at a collection of 10 charts. These charts come to us courtesy of a Coinbase Half Year institutional report and what they reveal is quite surprising.
In the video today, we break down these charts and explain what it could mean for the crypto market.
Enjoy!
🔔 MARKET MOVING NEWS! (29/06/24)
1️⃣ SEC Sues Consensys Over MetaMask Staking, Broker Allegations ⚡️
The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against ConsenSys, alleging that its MetaMask wallet tool's staking features operated as broker services without the appropriate license. The SEC also claimed that MetaMask offered an unregistered securities program through its staking service via Lido and Rocket Pool. The SEC said MetaMask's Lido and Rocket Pool integrations amounted to "investment contracts," suggesting the agency views their popular stETH and rETH liquid staking tokens as unregistered securities.
Source
2️⃣ Supreme Court Overturns 'Chevron Deference'—And That Might Be Good for Crypto ‼️
The U.S. Supreme Court ruled 6-3 on Friday to overturn the Chevron doctrine - a 40-year-old case that allowed federal regulators to enforce their interpretation of ambiguous laws. Experts state that, without the Chevron doctrine, the SEC will have a harder time pursuing an enforcement agenda in the absence of legal and regulatory clarity for the crypto industry.
In his majority opinion on Friday, Chief Justice John Roberts called the Chevron doctrine “unworkable,” adding that it “allows agencies to change course even when Congress has given them no power to do so. By its sheer breadth, Chevron fosters unwarranted instability in the law, leaving those attempting to plan around agency action in an eternal fog of uncertainty.”
Source
3️⃣ IRS Reveals Final Regulations For Crypto Broker Rules 🤔
The Internal Revenue Service (IRS) released the final version of its new crypto broker reporting requirements yesterday. The rule will apply to custodial brokers such as exchanges like Kraken and Coinbase. However, the IRS has delayed making a final determination on whether non-custodial platforms, such as decentralised exchanges (DEXs), will be classified as brokers. Crypto lobbyists expressed concerns that the rule could harm the crypto industry, but the IRS has acknowledged it needed “more time to consider the nuances” of issues involving non-custodial industry participants.
Source
4️⃣ U.S. Judge Lets Most of SEC Case Against Binance Proceed, Dismisses Secondary Sales Charge ‼️
A federal judge has reportedly dismissed part of the U.S. Securities and Exchange Commission's (SEC) lawsuit against crypto exchange Binance and founder Changpeng Zhao. Specifically, the judge granted Binance and Zhao's motion to dismiss charges tied to secondary BNB sales and Simple Earn.
However, the judge allowed other charges, including charges against the holding company for Binance.US to proceed. The judge ruled that the SEC's charges against Binance for the initial coin offering and ongoing sales for BNB, BNB Vault, staking services, failure to register and fraud charges can proceed.
Source
5️⃣ Farcaster Is Getting In-App USDC Payments 💰
Decentralised social media protocol Farcaster has introduced a new in-app payments feature using USDC stablecoins. The feature allows users to make 1-tap payments from their profile or the app's messaging platform, eliminating the need to look up someone's wallet address. Founder Dan Romero confirmed the application will only use USDC on Base at launch. However, he stated that the open protocol allows for other currencies and chains to be integrated. The introduction of the in-app payments feature is part of Farcaster's efforts to make its client app, Warpcast, more user-friendly and competitive in the market.
Source
6️⃣ SEC Returns S-1 Forms To Ethereum ETF Issuers, With At Least One More Round To Go: Source 🔍
According to a report by The Block, the U.S. Securities and Exchange Commission has returned the S-1 forms to prospective Ethereum ETF issuers with light comments. The issuers have been asked to address the comments and refile them by July 8. The report states that there will need to be at least one more round of filings before the ETFs can finally start trading.
🔔 MARKET MOVING NEWS! (28/06/24)
1️⃣ VanEck Files For Solana ETF In The US, Claiming SOL Is A Commodity ⚡️
Asset manager VanEck has reportedly filed an application to list a Solana spot exchange-traded fund (ETF) in the US. According to the filing, the VanEck Solana Trust would be listed on the Cboe BZX Exchange and would hold SOL directly, valuing its shares daily based on the reported MarketVector Solana Benchmark Rate. Notably, the US Securities and Exchange Commission (SEC) has previously classified SOL as a security in an enforcement action against Binance. However, VanEck argues that SOL should be considered a commodity because it functions similarly to Bitcoin and Ethereum.
Source
2️⃣ T-Rex Group Files for 2x Long, Inverse Microstrategy ETF 🔍
According to a filing published on the Securities and Exchange Commission's EDGAR platform, ETF issuer T-Rex Group has filed for an ETF that will take a 2x long position in bitcoin-heavy Microstrategy. The ETF reportedly aims to achieve 200% of MicroStrategy's daily performance. T-Rex also filed for an ETF that would take a 2x inverted position in MSTR. Effectively, both listed products would be leveraged long or short on Bitcoin. Senior Bloomberg ETF analyst Eric Balchunas said if the fund were approved, it would expose investors to around 20 times the typical volatility of the S&P 500.
Source
3️⃣ Coinbase Won't Handle AI Token Merger for Users ▶️
U.S. crypto exchange Coinbase has announced that it “will not execute” the upcoming migration of tokens for the Artificial Superintelligence Alliance (ASI). This means Coinbase users will need to figure out the ins and outs of this highly anticipated token merger for themselves.
However, the crypto exchange provided a workaround, stating
For the ASI token migration, Coinbase will not migrate these tokens on behalf of users, but users will be able to migrate their own OCEAN and FET to ASI using Coinbase Prime Web3 wallet or another Ethereum-compatible self-custody wallet […] Coinbase does not currently support [SingularityNET token] AGIX on our platform, which is why this was not included.
https://www.youtube.com/watch?v=dn9-A1lUtvA
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🔔 MARKET MOVING NEWS! (27/06/24)
1️⃣ US Government Just Sent $240M in Bitcoin to Coinbase—Another Selloff? ❓
According to onchain intelligence firm Arkham Intelligence, a wallet address tagged as belonging to the United States government sent 3,940 Bitcoin to a Coinbase Prime wallet yesterday. Notably, Arkham Intelligence believes the transaction involved Bitcoin seized from convicted drug trafficker Banmeet Singh earlier in 2024 while onchain sleuth ZachXBT believes the funds were part of the reclaimed Bitcoin from the “Silk Road hack.”
Source
2️⃣ Crypto Firm Abra Settles With State Regulators Over Not Licensing Its Mobile App ▶️
Cryptocurrency platform Abra and its CEO have reportedly agreed to settle with 25 state financial regulators who say the firm operated without being properly licensed. As part of the settlement, Abra will return up to $82.1 million to U.S.-based customers in the 25 states. Abra has also agreed to stop accepting crypto allocations from U.S. customers and to cease cryptocurrency trading activities with U.S. customers. The settlement comes in addition to Abra's settlements with certain state securities regulators for selling unregistered securities.
Source
3️⃣ Blast Token Rallies 40% After $2B Airdrop Debut 🔼
The price of BLAST, the long-awaited native token of Ethereum layer-2 network Blast, surged 40% after distributing 17% of its token supply to those that farmed points by staking ETH earlier this year. Notably, BLAST debuted for $0.02 per token, placing it at a fully diluted value (FDV) of $2 billion at launch. It has since rallied a little over 40% to a value of $0.0281 at the time of publication.
Source
4️⃣ U.S. State Department Offers New $5M Reward for Missing ‘Cryptoqueen’ 💰
The U.S. State Department is reportedly offering a $5 million bounty for information leading to the arrest or conviction of OneCoin founder Ruja Ignatova, the self-styled “Cryptoqueen,” who vanished in Athens in 2017. Notably, this is higher than the previous reward of $250,000 the Federal Bureau of Investigation (FBI) offered. Ignatova was added to the FBI’s Ten Most Wanted list in 2022. While the Department of State and the U.S. Federal Bureau of Investigation did not give a reason for the reward increase, the bounty on Ignatova was $100,000 in 2018.
Source
5️⃣ Animoca Looks to Go Public in Hong Kong or Middle East in 2025 ‼️
According to a report by The Information, gaming and metaverse giant Animoca Brands is reportedly considering returning to the public market after delisting from the Australian Securities Exchange (ASX) in March 2020. The report states that Animoca is considering Hong Kong or the Middle East for a potential listing in 2025. The company has reportedly been holding meetings with investment banks but has not chosen a location or hired an adviser.
Source
6️⃣ Crypto Exchange Bybit Grabs Global Spotlight in Void Left by FTX 📈
According to a Bloomberg report, crypto exchange Bybit has taken over the second rank in terms of global trading volume after targeting former clients of the defunct FTX platform and users in Europe and Russia. Notably, data from Kaiko shows that Bybit’s share of trading volume has doubled to 16% since October, overtaking US leader Coinbase Global Inc. in March. Bybit is second only to Binance Holdings Ltd. for spot and derivatives transactions. Bybit Chief Executive Officer Ben Zhou stated in an interview that Europe is currently Bybit’s biggest market, contributing about 30%-35% of volumes. He also stated that about a fifth of the volume comes from the Commonwealth of Independent States, within which Russia is the largest source of business.
Source
https://www.youtube.com/watch?v=okRkfRTYEfI
Читать полностью…
🔔 MARKET MOVING NEWS! (26/06/24)
1️⃣ Cardano Node Upgrade Underway Following Mainnet DDoS Attack ☄️
Yesterday, the Cardano network experienced a distributed denial-of-service (DDoS) attack starting at block 10,487,530. DDoS is a common attack vector in which the attacker floods a server (or a blockchain) with spam traffic to prevent users from accessing connected online services and sites. However, the attack was unsuccessful and mitigated before any damage was caused, and the network continued to operate as usual.
Cardano blockchain developers are now reportedly working on a node upgrade that could deter future DDoS attacks of a similar nature. Raul Antonio, chief technology officer of Fluid Tokens, explained that the attack aimed to manipulate the Cardano blockchain into charging lower fees for high-value transactions.
Source
2️⃣ Metallica’s Official X Account Was Presumably Hacked To Promote Now-Collapsed Token Launched Via Pump.Fun ❌
The X account of heavy metal band Metallica was reportedly hacked late Tuesday by an unknown entity to promote a Solana token with the ticker METAL.
The hacker made an announcement post which claimed the token was made in partnership with ticket sales and distribution company Ticketmaster. It also claimed fintech firm MoonPay was involved with the token, which MoonPay president Keith Grossman dismissed in an X post, saying: “MoonPay does NOT support METAL.” All posts mentioning the token have been deleted.
Source
3️⃣ VanEck Filing Suggests Ethereum ETFs Are Only One Week Away 🔍
Yesterday, investment manager VanEck filed an 8-A form for its spot Ether (ETH) exchange-traded fund (ETF) with the United States Securities and Exchange Commission. Notably, the 8-A form is required paperwork for corporations to issue certain types of securities on national exchanges. Bloomberg ETF analyst Eric Balchunas states that this development is worth noting since it may signal that the U.S. Ethereum ETFs could only be a week away from launch. Specifically, Balchunas noted that VanEck filed its 8-A form for its Bitcoin spot ETF exactly seven days before the fund launched on January 11.
Source
4️⃣ Hydrogen Technology Execs Jailed for HYDRO Price Manipulation 🥶
A Florida judge has reportedly sentenced Michael Kane, the former CEO of Hydrogen Technology Corporation, to 45 months in prison for securities fraud related to a crypto price manipulation scheme. Shane Hampton, Hydrogen Technology’s former Head of Financial Engineering, also received a sentence of 35 months for similar crimes.
The DOJ stated that the duo enlisted a South African company called Moonwalkers Trading to manipulate the HYDRO price on an unidentified U.S.-based crypto exchange using a bot to place some $7 million of so-called wash trades and $300 million worth of spoof trades between October 2018 and April 2019.
These actions enabled them to make $2 million in profits from selling HYDRO at inflated prices. Principal Deputy Assistant Attorney General Nicole Argentieri noted that this was the first time that “a jury in a federal criminal trial found that a cryptocurrency was a security and that manipulating cryptocurrency prices was securities fraud.”
Source
A cryptocurrency wallet address belonging to Billionaire Mark Cuban has reportedly sold more than a dozen NFTs in recent days including a Pudgy Penguin for more than $30,000.The value of the 12 NFTs sold is about 11.43 WETH (about $37,800). Currently, the wallet also holds various NFT assets worth more than 1,900 ETH. Prior to the recent sales, the wallet’s last sale was recorded on Jan. 13, 2022, when the billionaire investor sold a Roc Aero Pitch Deck NFT for $33.73.
Source
https://www.youtube.com/watch?v=ZviNi8NeldI
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🔔 MARKET MOVING NEWS! (20/06/24)
1️⃣ 'Metal Gear Solid' Game Maker Konami Launching Avalanche NFT Platform ⚡️
Japanese gaming giant Konami Digital Entertainment will reportedly use the Avalanche blockchain to enhance its NFT platform, Resella, offering users lower costs and improved efficiency. Konami is known for games like Metal Gear Solid, Silent Hill, and Castlevania.
Its Resella platform aims to make it easier for developers to design and issue NFTs while providing users with a better marketplace experience. The platform will be powered by the Avalanche Subnet and supported by Ava Labs' AvaCloud Web3 launchpad service, offering zero gas costs for users and consistent processing speeds.
Source
2️⃣ Binance Ordered To Pay $2.25 Million Fine By India’s Financial Watchdog ▶️
Crypto exchange Binance has been ordered to pay a fine of $2.25 million by India's Financial Intelligence Unit (FIU) for violating the country's Prevention of Money Laundering Act. The regulator had issued a notice to Binance in December 2023, asking the exchange to demonstrate why action should not be taken against it for its prior services to local clients without registering under India's anti-money laundering regulations. The FIU has also sent specific directions to Binance to ensure compliance with India's anti-money laundering laws.
Source
3️⃣ CertiK Identified Kraken Exploit, Claims Exchange ‘Threatened’ Its Team 🔍
Crypto exchange Kraken and blockchain security firm CertiK appear to have had a falling out over the specifics of a bug bounty hosted by the exchange. Notably, Kraken’s chief security officer Nicholas Percoco alleged that CertiK was “extorting” the exchange by refusing to return nearly $3 million worth of assets without seeing the bounty amount first. In return, CertiK alleged that Kraken’s security operation team was threatening “individual CertiK employees to repay a MISMATCHED amount of crypto in an UNREASONABLE time even WITHOUT providing repayment addresses.”
Source
4️⃣ ‘Pharma Bro’ Claims Barron Trump Holds Private Keys To DJT Token 🧐
In an X Spaces hosted by Mario Nawfal, “Pharma Bro” Martin Shkreli claimed Donald Trump’s 18-year-old son, Barron Trump, launched the TrumpCoin (DJT) token with his father’s approval and that he also holds the private keys to its smart contract address. While Barron Trump and his representatives have not issued a public statement on the matter, Roger Stone, one of Trump's close aids, denied any involvement of the former President or his son with the DJT memecoin.
Source
5️⃣ Bitcoin Miner OTC Selling Remains High as Reserves Drop to Multi-Year Low: CryptoQuant 📉
Data on CryptoQuant shows that Bitcoin miner reserves have plummeted to lows not seen since 2021. Miner reserves reveal the amount of bitcoin held by affiliated miner wallets, the value indicates the reserve that miners have yet to sell. According to Lucas Outumuro, head of research at IntoTheBlock, miners are expected to hold less Bitcoin over time as the halving pressures their margins, making them more likely to sell their reserves. Despite miner reserves hitting multi-year lows, their holdings measured in U.S. dollar value have remained around an all-time high of approximately $135 billion due to bitcoin's price appreciation in recent months.
Source
6️⃣ MicroStrategy Acquires Additional 11,931 Bitcoins and Now Holds 226,331 BTC 💸
According to an official press release, MicroStrategy has acquired an additional 11,931 BTC for approximately $786 million using proceeds from convertible notes & excess cash for $65,883 per Bitcoin. As of today, the firm hodls 226,331 BTC acquired for about $8.33B at an average price of $36,798 per bitcoin.
Source
🔔 MARKET MOVING NEWS! (19/06/24)
1️⃣ SEC Is Dropping Its Investigation Into Ethereum, Consensys Says ⚡️
Leading Ethereum developer Consensys, whose products include the MetaMask wallet, announced late Tuesday that the U.S. Securities and Exchange Commission is “closing its investigation” into the cryptocurrency. This means that the SEC will not bring charges alleging that sales of ETH are securities transactions.
The announcement reads,
The decision follows a letter we sent on June 7, asking the SEC to confirm that the May ETH ETF approvals, which were premised on ETH being a commodity, meant the agency would close its Ethereum 2.0 investigation. The closing of the Ethereum investigation is momentous, but it’s not a cure-all for the many blockchain developers, technology providers, and industry participants who have suffered under SEC’s unlawful and aggressive crypto enforcement regime
https://www.youtube.com/watch?v=pr6r-WEiH24
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https://youtu.be/BSIXjlYN9xM?si=r7BNkT_sgb94pYh2
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🔔 MARKET MOVING NEWS! (30/06/24)
1️⃣ Number Of Crypto ATMs Installed Nears Its All-Time Record 💸
According to data from Coin ATM Radar, the number of cryptocurrency ATMs installed worldwide has spiked 17.8% to 38,279 over the last 12 months. Notably, this is close to its record of 39,541 set in December 2022. As of 2024, there have been 2,564 new cryptocurrency ATMs installed, indicating a positive trend compared to the net loss of 2,861 machines in 2023.
Source
2️⃣ Runes Transactions On Bitcoin Tank Over 88% In June 🔽
According to Dune Analytics data from Crypto Koryo, the daily average transaction count of Runes, a new token standard on the Bitcoin blockchain, has plummeted over 88% from its highest point in June. Notably, the average daily Runes transactions from June 22–28 was 37,820, a nearly 90% drop from the 331,040 daily average recorded between June 9–15. This includes 23,238 transactions made on June 24 — the lowest since the protocol launched at Bitcoin’s fourth halving event on April 20. The lower transaction count has resulted in Bitcoin miners earning less than 2 Bitcoin combined from Runes transactions over the past six days, a significant decrease from the record high of 884 Bitcoin on April 24.
Source
3️⃣ Floki Inu Warns Of Fake Tokens On Solana And Base Blockchains ❌
The Floki Inu memecoin project has issued an announcement warning about ongoing scams involving unauthorised tokens falsely associated with its brand. The fraudulent tokens have surfaced on the Solana and Base blockchains, misleading investors. The announcement highlighted that the legitimate Floki Inu (FLOKI) token is exclusively available on the BNB Smart Chain and Ethereum networks. Floki Inu urged its community to obtain token information only from official sources to prevent falling victim to these fraudulent schemes.
Source
4️⃣ Vitalik Buterin Says Crypto Regulations Have Created ‘Anarcho-Tyranny’ 🤔
In a recent post on Warpcast, Ethereum founder Vitalik Buterin expressed his frustration over the current state of cryptocurrency regulation and offered up a better solution to the problem.
He stated,
The main challenge with crypto regulation (esp in the US) has always been this phenomenon where if you do something useless, or something where you’re asking people to give you money in exchange for vague references to potential returns at best, you are free and clear, but if you try to give your customers a clear story of where returns come from, and promises about what rights they have, then you’re screwed because you’re “a security.” The incentive gradient that this "anarcho-tyranny” creates ends up worse for the space than either plain anarchy or plain tyranny. I would much rather see us move to the opposite situation, where issuing a token _without_ giving a clear long-term story for why it will maintain or increase in economic value is the riskier thing, and if you _do_ give such a long-term story and follow basic best practices then you're safe. Actually getting to this will require good-faith engagement, both from regulators and from industry.
https://www.youtube.com/watch?v=aVvvqz7XTMQ
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While there had been reports that the ETFs could go live as early as July 4th, this is now out of the question. Senior Bloomberg ETF analyst Eric Balchunas has revised his predicted timeline for spot Ether ETF approvals, stating that the process will likely resume on July 8th.
Source
Bolivia’s central bank, ‘Banco Central de Bolivia’, has reportedly lifted its ban on Bitcoin and crypto payments. The central bank said the move was made to help Bolivia elevate its struggling economy and align it with Latin American crypto regulations. The change in regulatory stance marks the end of a ban on crypto use in the country that began in 2014. While the central bank clarified that cryptocurrencies are not accepted as forms of legal tender, the recently approved regulations allow banks to transact in cryptocurrencies via approved electronic channels.
Source
🔥 Rally Report 🔥
AKASH NETWORK
The price of AKT has rallied by 16% in the past 24 hours.
WHY?!
📈 The rally seems to be led by speculative trading activity on South Korean crypto exchanges. Notably, the AKT/KRW pair on the crypto exchange Upbit saw a daily trading volume of $53M, accounting for nearly 57% of AKT’s global trading volume today
☄️ Crypto.com also announced that AKT is now available for on-chain Staking in the Crypto․com App.
If you want to buy or trade AKT, we have an exclusive trading fee discount of up to 60% on Kucoin 👇
🔗 https://www.coinbureau.com/deals/trading/kucoin/
🚨 New Video Alert!! 🚨
Just how much has crypto been adopted? It’s a question we’re sure many of you have wondered at some point. Well, as it happens, a report from Triple-A has all the answers.
The thing is, crypto adoption isn’t just about how many people are stacking Sats, or about finding the fastest way to the moon. While many of us are in the crypto space to make some mad gains, there are plenty of others out there who use cryptocurrencies out of necessity.
That’s why today, we’ll be taking a look at this report, and tell you how many people in the world are using crypto, why it’s become such a crucial part of everyday life for some folk, and even which cryptos could stand to benefit most as adoption ramps up.
This is a video that you have to watch till the end.
Enjoy!
🔥 Rally Report 🔥
KASPA
The price of KAS has rallied by 8% in the past 24 hours.
WHY?!
🔍 Bitcoin Miner Marathon Digital revealed that it has been actively mining Kaspa (KAS) in addition to BTC since September 2023. The miner stated that the move was part of its strategy to diversify its mining income.
⚡️ Marathon Digital stated that it has mined a total of 93 million KAS tokens worth approximately $15 million.
If you want to buy or trade KAS, we have an exclusive $60K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
📹 https://www.youtube.com/watch?v=YZV9mji7UQo
🚨 New Video Alert!! 🚨
There are millions of cryptocurrencies out there. Finding which ones have the most potential is hard at first glance, but upon closer inspection, the most promising cryptos are often hidden in plain sight.
In today’s video we take a close look at 3 cryptos that we believe are underrated relative to their peers. These picks might surprise you, and if they do, that’s good – that means we’re on to something!
As a cherry on top, we provide a guide on how to spot underrated cryptos at the end of the video. Trust us when we say that this is one that you’re going to want to watch until the very end!
🔥 Rally Report 🔥
NOTCOIN
The price of NOT has rallied by 9% in the past 24 hours.
WHY?!
☄️ The rally comes after The Block published an article about Notcoin detailing its plans for the future and other developments.
🎙 Notcoin also announced an exclusive AMA session with CoinTelegraph scheduled for 3 pm UTC tomorrow.
If you want to buy or trade NOT, we have an exclusive $60K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
📹 https://www.youtube.com/watch?v=YZV9mji7UQo
🔔 MARKET MOVING NEWS! (21/06/24)
1️⃣ Solana ETF Proposal Aims to Be First in North America ▶️
Canadian asset manager 3iQ has reportedly filed a preliminary prospectus to list a Solana exchange-traded fund (ETF) in Toronto. The Solana ETF will be called The Solana Fund (QSOL). Notably, if approved, it would be North America's first publicly traded Solana ETF. 3iQ says the fund will be offered on the Toronto Stock Exchange “in relation to an initial public offering.”
3iQ was also one of the first fund managers to launch publicly traded Bitcoin and Ether funds in Toronto. QSOL will offer exposure to the price movements of Solana (SOL) as well as staking yield generated by the network, which the firm estimates to be around 6-8%.
Source
2️⃣ Gemini Launches Campaign Finance Initiative For Pro-Crypto Candidates ⚡️
Crypto exchange Gemini recently announced its campaign finance project to facilitate campaign contributions to pro-crypto candidates in the United States ahead of the Presidential election this November. Notably, the announcement followed $2 million in campaign contributions yesterday from founders Cameron and Tyler Winklevoss to former President Trump's re-election campaign.
Source
3️⃣ Standard Chartered Plans Spot Crypto Trading Desk for Bitcoin, Ether ☄️
According to a Bloomberg report, Standard Chartered Bank is establishing a London-based spot trading desk for buying and selling bitcoin and ether. The new crypto desk is reportedly close to starting operations and will be part of the bank’s FX trading unit. If true, this would make Standard Chartered one of the first global banks to enter spot cryptocurrency trading.
In an emailed statement sent to Bloomberg, the bank stated,
We have been working closely with our regulators to support demand from our institutional clients to trade Bitcoin and Ethereum, in line with our strategy to support clients across the wider digital asset ecosystem, from access and custody to tokenisation and interoperability.
🚨 New Video Alert!! 🚨
Well, well, well. If it isn’t celebrities coming crawling back to crypto. First they shilled us ICO scams. Then it was ugly NFTs and FTX ads.
And this cycle, celebrities have started launching memecoins left and right. Now it seems like every day some has-been drops a new contact address on social media.
It’s a strange timeline we are living in. But the truth is, memecoins continue to print massive gains for some people.
This begs the question: are celebrity tokens the new WIF?
Or do we all need to go touch grass until this memecoin bubble finally bursts?
Today, we have all the answers.
🔥 Rally Report 🔥
FETCH.AI
The price of FET has rallied by 29% in the past 24 hours.
WHY?!
📈 Part of a larger rally seen among AI tokens.
▶️ Notably, chip manufacturer NVIDIA overtook Microsoft and Apple this week to become the most valued company in the world with a $3.33 trillion market cap.
🔍 Additionally, investors may be bullish about Fetch.ai’s upcoming token merger with SingularityNet and Ocean protocol.
If you want to buy or trade FET, we have an exclusive $60K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
📹 https://www.youtube.com/watch?v=YZV9mji7UQo
🔥 Rally Report 🔥
LIDO DAO
The price of LDO has rallied by 14% in the past 24 hours.
WHY?!
📈 Part of a larger rally seen among Ethereum-related altcoins.
▶️ Notably, the rally comes after Consensys announced that the Enforcement division of the SEC was closing its investigation into Ethereum 2.0.
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🚨 New Video Alert!! 🚨
WTF is going on with Bitcoin?
Over the past few weeks, we have been pushing sideways between 65k & 70k and doesn't appear to be gaining much traction. Indeed, there are many that are wondering whether we could be in a "left translated" cycle with most of the gains been seen.
However, there are others that think we could be on the cusp of a massive breakout as ETF Wirehouse access comes on board and RIAs start shilling crypto to retail.
So, which one of these is true?
Well, we break it down in our latest video. And in this video, we also examine some Bitcoin price prediction for not only this year but also for the top of the cycle.
If you hold Bitcoin or are thinking of buying some - you have to watch this vid!