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🗞 CryptoNews of the Day 🗞

Solana's SOL Token Falls Amid Market Correction and Competitive Pressure: The price of Solana's native token, SOL, has experienced a significant drop of 7.22% in the past 7 days, reaching $150.33 on June 17.

👉Details: https://coinmarketcap.com/academy/article/solanas-sol-token-falls-amid-market-correction-and-competitive-pressure

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🗞 CryptoNews of the Day 🗞

Australia Stock Exchange Approves First Spot Bitcoin ETF: Australia's largest stock exchange, the Australian Securities Exchange (ASX), has approved its first spot Bitcoin exchange-traded fund (ETF), set to commence trading on June 20.

👉Details: https://coinmarketcap.com/academy/article/australia-stock-exchange-approves-first-spot-bitcoin-etf

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🗞 CryptoNews of the Day 🗞

Donald Trump Backs Bitcoin Mining in Mar-a-Lago Meeting with Industry Leaders: Former U.S. President Donald Trump voiced strong support for bitcoin mining during a Tuesday night meeting with several Bitcoin miners at his Mar-a-Lago resort.

👉Details: https://coinmarketcap.com/academy/article/donald-trump-backs-bitcoin-mining-in-mar-a-lago-meeting-with-industry-leaders

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🗞 CryptoNews of the Day 🗞

Biden Campaign Allegedly Exploring Crypto Donations Through Coinbase Commerce: U.S. President Joe Biden’s reelection campaign is reportedly in discussions with cryptocurrency industry leaders about accepting crypto donations via Coinbase Commerce.

👉Details: https://coinmarketcap.com/academy/article/biden-campaign-allegedly-exploring-crypto-donations-through-coinbase-commerce

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Exciting News!

EtherMail TGE is set for TODAY - 10am UTC on Gate, MEXC, Bitget and Uniswap.

Get ready for this major milestone in the crypto space! 💎

👉 Learn more: https://ethermail.io/emt

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🗞 CryptoNews of the Day 🗞

ARB Foundation Greenlights $215 Million Fund for Gaming Projects on Arbitrum Network: The ARB Foundation, the organization supporting the Ethereum rollup-based Layer 2 network Arbitrum, has successfully passed a proposal to distribute hundreds of millions of dollars.

👉Details: https://coinmarketcap.com/academy/article/arb-foundation-greenlights-dollar215-million-fund-for-gaming-projects-on-arbitrum-network

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🗞 CryptoNews of the Day 🗞

Binance Reaches 200 Million Users, Celebrates Milestone on Path to 1 Billion: Binance, the world's largest cryptocurrency exchange by daily trading volume, has announced a significant milestone: reaching 200 million global users.

👉Details: https://coinmarketcap.com/academy/article/binance-reaches-200-million-users-celebrates-milestone-on-path-to-1-billion

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🗞 CryptoNews of the Day 🗞

Standard Chartered Sees Bitcoin Soaring to $150,000 by Year-End If Trump Wins Presidency: Standard Chartered predicts Bitcoin could soar to $150,000 by the end of 2024 if Donald Trump wins the U.S. presidential election, citing his crypto-friendly policies.

👉Details: https://coinmarketcap.com/academy/article/standard-chartered-sees-bitcoin-soaring-to-dollar150000-by-year-end-if-trump-wins-presidency

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🗞 CryptoNews of the Day 🗞

Bitcoin Eyes All-Time Highs as Liquidity Takedown Looms: Bitcoin (BTC) hovered with the $71,000 mark at the June 6 Wall Street open, as traders anticipated a potential liquidity.

👉Details: https://coinmarketcap.com/academy/article/bitcoin-eyes-all-time-highs-as-liquidity-takedown-looms

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🗞 CryptoNews of the Day 🗞

MicroStrategy Short Sellers Waver as Stock Price Soars: MicroStrategy currently has $6.9 billion in major short positions, with 18 of these listed on Fintel’s “The Big Shorts” list, which tracks the largest short positions disclosed to the SEC.

👉Details: https://coinmarketcap.com/academy/article/microstrategy-short-sellers-waver-as-stock-price-soars

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Bitcoin Miner Riot Platforms Stock Decline Following Kerrisdale Short Position: Riot Platforms (RIOT), a prominent Bitcoin mining company, saw its stock decline on Wednesday after well-known short-seller Kerrisdale Capital announced its short position on RIOT.

👉Details: https://coinmarketcap.com/academy/article/bitcoin-miner-riot-platforms-stock-decline-following-kerrisdale-short-position

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🔎 CMC Research: Aethir - Pioneering Decentralized GPU-as-a-Service for Next-Gen Computing

According to the Mythos Research Report on Aethir, 2023 saw explosive growth in DePIN, with 755+ projects and a market cap over $32B. As AI, telecom, and cloud gaming drive global GPU demand, North America's GPU cloud market is projected to soar from $3.2B in 2023 to $25.5B by 2030. 📈

Aethir is placed as a marketplace for aggregating GPU resources from enterprises, data centers, miners, and retail GPU providers, making these resources accessible to a broad audience.

👉 CMC takes a deeper look into this innovative project: https://coinmarketcap.com/academy/article/aethir-deep-dive-pioneering-decentralised-gpu-as-a-service

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🗞 CryptoNews of the Day 🗞

Email Phishing Attack Hits Crypto Firms as Users Are Warned to be Wary of Compromised Newsletters: A "supply chain email breach attack" that is currently targeting users via compromised newsletter mailing lists has hit several cryptocurrency companies.

👉Details: https://coinmarketcap.com/academy/article/email-phishing-attack-hits-crypto-firms-as-users-are-warned-to-be-wary-of-compromised-newsletters

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🗞 CryptoNews of the Day 🗞

StarkWare Unveils $1M Plan to Scale Bitcoin Using Zero-Knowledge Rollups: StarkWare, the Israeli company renowned for its Ethereum layer-2 solutions StarkNet and StarkEx, has announced a bold initiative to enhance Bitcoin's capabilities.

👉Details: https://coinmarketcap.com/academy/article/starkware-unveils-dollar1m-plan-to-scale-bitcoin-using-zero-knowledge-rollups

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🗞 CryptoNews of the Day 🗞

Solana Saw Nearly Half a Billion New Tokens Created in May: Nearly half a million tokens were launched on the Solana blockchain in May, driven by low entry barriers and the growing allure of creating the next viral memecoin.

👉Details: https://coinmarketcap.com/academy/article/solana-saw-nearly-half-a-billion-new-tokens-created-in-may

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🗞 CryptoNews of the Day 🗞

Lil Pump Flaunts New Solana Tattoo, While Celeb Coins Take a Hit: American rapper Lil Pump recently took to Instagram to showcase what appears to be a new tattoo dedicated to the blockchain platform Solana.

👉Details: https://coinmarketcap.com/academy/article/lil-pump-flaunts-new-solana-tattoo-while-celeb-coins-take-a-hit

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🗞 CryptoNews of the Day 🗞

Circle Expands Web3 Services to Solana Blockchain, Introducing Programmable Wallets and Gas Stations: Circle, the digital asset firm and issuer of USDC, is extending its Web3 services to the Solana blockchain, introducing features such as programmable wallets and gas stations.

👉Details: https://coinmarketcap.com/academy/article/circle-expands-web3-services-to-solana-blockchain-introducing-programmable-wallets-and-gas-stations

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🗞 CryptoNews of the Day 🗞

AI and Crypto Industries Poised to Add $20 Trillion to Global GDP by 2030, According to Bitwise: The intersection of artificial intelligence (AI) and cryptocurrency could significantly bolster the global economy, potentially adding a combined $20 trillion to global GDP by 2030.

👉Details: https://coinmarketcap.com/academy/article/ai-and-crypto-industries-poised-to-add-dollar20-trillion-to-global-gdp-by-2030-according-to-bitwise

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🗞 CryptoNews of the Day 🗞

Bitcoin Steady as Fed Keeps Interest Rates Unchanged Following FOMC: Bitcoin's price remained relatively stable following the U.S. Federal Reserve's decision to maintain current interest rates.

👉Details: https://coinmarketcap.com/academy/article/bitcoin-steady-as-fed-keeps-interest-rates-unchanged-following-fomc

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🗞 CryptoNews of the Day 🗞

Arthur Hayes: Crypto Bull Market "Reawakening" Amid Global Interest Rate Cuts: Arthur Hayes, the co-founder and former CEO of BitMEX, now managing his family office Maelstrom, has declared that the crypto bull market is "reawakening."

👉Details: https://coinmarketcap.com/academy/article/arthur-hayes-crypto-bull-market-reawakening-amid-global-interest-rate-cuts

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🗞 CryptoNews of the Day 🗞

Crypto Market Dips Following Robust U.S. Employment Data: The cryptocurrency market, including Bitcoin (BTC), Ethereum (ETH), and various altcoins, experienced a significant downturn on June 7 after U.S. employment data surpassed expectations.

👉Details: https://coinmarketcap.com/academy/article/crypto-market-dips-following-robust-us-employment-data
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🗞 CryptoNews of the Day 🗞

Solana-Based Io.net CEO Steps Down Days Before Token Launch: Solana-based decentralized infrastructure provider io.net has announced a significant leadership change just two days before the launch of its highly anticipated token.

👉Details: https://coinmarketcap.com/academy/article/solana-based-ionet-ceo-steps-down-days-before-token-launch

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🗞 CryptoNews of the Day 🗞

US Spot Bitcoin ETFs See Longest Ever 18-Day Inflow Streak: U.S. spot Bitcoin exchange-traded funds (ETFs) have achieved their longest streak of consecutive net inflows since their inception, recording an 18-day run of positive flows as of Thursday.

👉Details: https://coinmarketcap.com/academy/article/us-spot-bitcoin-etfs-see-longest-ever-18-day-inflow-streak

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🗞 CryptoNews of the Day 🗞

BNB Reaches All-Time High Amid High Onchain Activity, Open Interest: BNB (BNB), the native token of the BNB Chain, reached a record high of $720 on June 6 before correcting to $705.

👉Details: https://coinmarketcap.com/academy/article/bnb-reaches-all-time-high-amid-high-onchain-activity-open-interest

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🗞 CryptoNews of the Day 🗞

Telegram Introduces In-App Token 'Telegram Stars' for Seamless Digital Purchases: Telegram has unveiled a new in-app token called "Telegram Stars," designed to streamline payments for digital goods and services on its platform.

👉Details: https://coinmarketcap.com/academy/article/telegram-introduces-in-app-token-telegram-stars-for-seamless-digital-purchases

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🗞 CryptoNews of the Day 🗞

VanEck Analysts Predict Ethereum Could Reach $22,000 by 2030: VanEck analysts have significantly raised their price prediction for Ethereum (ETH) to $22,000 by 2030.

👉Details: https://coinmarketcap.com/academy/article/vaneck-analysts-predict-ethereum-could-reach-dollar22000-by-2030

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🗞 CryptoNews of the Day 🗞

Vitalik Buterin “Unhappy” With Celebrity Memecoins Trend, Calls for Meaningful Projects: Vitalik Buterin, the co-founder of Ethereum, has expressed his dissatisfaction with the recent wave of celebrity memecoin releases.

👉Details: https://coinmarketcap.com/academy/article/vitalik-buterin-unhappy-with-celebrity-memecoins-trend-calls-for-meaningful-projects

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🗞 CryptoNews of the Day 🗞

Coinbase Launches Smart Wallet, Aims To Onboard 1 Billion Users: Coinbase, a leading U.S. cryptocurrency exchange, has rolled out its much-anticipated Smart Wallet.

👉Details: https://coinmarketcap.com/academy/article/coinbase-launches-smart-wallet-aims-to-onboard-1-billion-users

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🗞 CryptoNews of the Day 🗞

Layer 2 Base Achieves Record TVL Ahead of Coinbase’s Smart Wallet Launch: Base, Coinbase's Layer 2 blockchain, has reached a new milestone with its total value locked (TVL) hitting an all-time high.

👉Details: https://coinmarketcap.com/academy/article/layer-2-base-achieves-record-tvl-ahead-of-coinbases-smart-wallet-launch

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🗞 CryptoNews of the Day 🗞

BNB Token Reached Record High Amidst Volatile Trading: Binance's native token, BNB, has reached a new all-time high of $711.56, following a significant surge of almost 17% over the last 7 days.

👉Details: https://coinmarketcap.com/academy/article/bnb-token-reached-record-high-amidst-volatile-trading

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