🗞 CryptoNews of the Day 🗞
DeFi Token VELO Gains Interest After Investment by U.S. Congressman Revealed: U.S. Congressman Mike Collins (R-Georgia) recently disclosed a $15,000 purchase of Velodrome, a relatively small altcoin, in his filings.
👉Details: https://coinmarketcap.com/academy/article/defi-token-velo-gains-interest-after-investment-by-us-congressman-revealed
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Consensys: SEC Closes Investigation Into Ethereum: Leading Ethereum developer Consensys revealed late Tuesday that the U.S. Securities and Exchange Commission (SEC) has decided to close its investigation into Ethereum 2.0.
👉Details: https://coinmarketcap.com/academy/article/consensys-sec-closes-investigation-into-ethereum
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zkSync Token Launches Amid High Network Load and Security Concerns: The zkSync token (ZK) officially launched on exchanges on June 17.
👉Details: https://coinmarketcap.com/academy/article/zksync-token-launches-amid-high-network-load-and-security-concerns
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Tether Launches Alloy, US Dollar-Pegged Stablecoin Backed by Gold: Tether is stepping into new territory with the launch of Alloy (aUSDT), a gold-backed stablecoin pegged to the U.S. dollar.
👉Details: https://coinmarketcap.com/academy/article/tether-launches-alloy-us-dollar-pegged-stablecoin-backed-by-gold
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Notcoin Surges Over 15% as TON Reaches ATHs: Notcoin (NOT) experienced a significant surge on Friday, climbing over 15% and breaking above $0.20.
👉Details: https://coinmarketcap.com/academy/article/notcoin-surges-over-15percent-as-ton-reaches-aths
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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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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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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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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
🗞 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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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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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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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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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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DJT Surges on Trump Official Token Rumors, Arkham Offers $165K Bounty to Unmask Creator: Blockchain analytics firm Arkham Intelligence has announced a $150,000 bounty for anyone who can definitively identify the creator of the Solana-based token DJT.
👉Details: https://coinmarketcap.com/academy/article/djt-surges-on-trump-official-token-rumors-arkham-offers-dollar165k-bounty-to-unmask-creator
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SEC's Crypto Enforcement Chief Steps Down After Nearly Nine Years: David Hirsch has departed from the agency after nearly nine years of service.
👉Details: https://coinmarketcap.com/academy/article/secs-crypto-enforcement-chief-steps-down-after-nearly-nine-years
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Bitcoin Price Falls Below $65,000, Some Large Cap Alts Outperform: Bitcoin's price dipped below $65,000 for the second time in three days, amid a wave of substantial outflows from spot Bitcoin exchange-traded funds (ETFs) last week.
👉Details: https://coinmarketcap.com/academy/article/bitcoin-price-falls-below-dollar65000-some-large-cap-alts-outperform
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Significant Outflows Hit Crypto ETFs Amid Federal Reserve Concerns: Digital asset exchange-traded products and funds faced substantial outflows last week, shedding $600 million, the largest since March 22, according to a June 17 report by CoinShares.
👉Details: https://coinmarketcap.com/academy/article/significant-outflows-hit-crypto-etfs-amid-federal-reserve-concerns
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Largest Telecom Provider in Europe, Deutsche Telekom, Will Begin Mining Bitcoin: Deutsche Telekom, Europe's largest telecommunications provider, is set to venture into Bitcoin mining.
👉Details: https://coinmarketcap.com/academy/article/largest-telecom-provider-in-europe-deutsche-telekom-will-begin-mining-bitcoin
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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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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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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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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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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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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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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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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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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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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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