The crypto market is neutral
BTC Dominance - 52.48%
Market Cap - $2.67T
BTC - $71,060 (+0.22%)
ETH - $3,866 (+1.54%)
BNB - $696.6 (-0.25%)
TAIKO - $2.63
ARB - $1.11 (+0.30%)
STRK - $1.31 (-1.76%)
W - $0.63 (-1.22%)
https://dropstab.com
Bybit suddenly opened up registration and authentication for users in China.
Embarrassingly, on the same certification page, Bybit still states: Bybit does not offer its services or products in certain jurisdictions, including the United States, Mainland China, Singapore, Quebec (Canada), Ontario (Canada), Iran, Sudan, and Syria.
https://x.com/wublockchain/status/1798368770899275974
Vitalik Buterin: „A quick summary of features that a celebrity crypto project needs to have for me to be more willing to respect it:
1. Have some kind of public-good goal that it's serving, other than enriching the celebrity and early adopters. Realistically, either an art project or the celebrity's favorite charity, or both.
2. Have some kind of fun mechanics that go beyond just trading a token. As much as I dislike token voting DAOs, at least they give *something* for people to do and organize around. The DAO should not fully decide the agenda, but it can have some influence.
3. Make something that lasts 10+ years, rather than bubbling around for a few months and then being forgotten.
The north star should be: to have a project where even if eventually all tokens involved go to zero, the average person who participated is happy to have done so. Regular businesses and charities accomplish this goal all the time! It's a low bar, but things we build should meet this bar as well“.
https://x.com/vitalikbuterin/status/1798293391144366184
Taiko trading has started on Bybit, MEXC, Bitget, KuCoin.
TAIKO is now trading at $2.27.
FDV: $2.27B
Claim: https://claim.taiko.xyz/
https://www.bybit.com/en/trade/spot/TAIKO/USDT
Carv node sale starts in 10 minutes
CARV is a modular blockchain for AI and games. The project uses artificial intelligence to identify web2 users' gaming accounts and integrates them into web3.
BNB Chain has incubated the project.
It is working along with Aethir as well.
The project has raised $14 million in fundraising rounds from OKX, Tribe Capital, Hashkey, Consensys, etc.
Use "icodrops" to receive 10% off.
https://verifier.carv.io/?code=icodrops
Tether announced an $18.75 million investment in XREX Group, a Taiwan-headquartered cryptocurrency exchange.
https://www.theblock.co/post/298357/tether-xrex-investment
Bitcoin spot ETFs had a total net inflow of $887 million on June 4, the second highest single-day net inflow in history
Grayscale ETF GBTC had an inflow of $28.1957 million, Fidelity ETF FBTC had an inflow of $379 million, and BlackRock ETF IBIT had an inflow of $274 million. The total net asset value of Bitcoin spot ETFs is $61.46 billion.
https://x.com/wublockchain/status/1798204045104169236
Uniswap will make an announcement
The UNI price has increased by 19% in 24 hours.
https://x.com/uniswap/status/1798004635665572245
Tether CEO Paolo Ardoino told The Block that the EU’s MiCA regulation “contains several problematic requirements.”
He said those requirements “could not only render the job of a stablecoin issuer extremely complex but also make EU-licensed stablecoins extremely vulnerable and riskier to operate.”
https://www.theblock.co/post/298434/tether-concerned-eu-mica-stablecoin-requirements
BlackRock and Citadel are planning to start a new national stock exchange in Texas
The Texas Stock Exchange, which has raised about $120 million, plans to file registration documents with the Securities and Exchange Commission (SEC) later this year.
The TXSE, as it is known, plans to start in 2025 and host its first listing in 2026.
https://www.reuters.com/markets/us/blackrock-citadel-backed-group-start-new-national-stock-exchange-texas-wsj-2024-06-05/
Michael Novogratz, founder and CEO of crypto investment firm Galaxy Digital, believes Bitcoin’s price could hit $100,000 by year’s end
“If we take up to $73,000 in the next week or so, we’re gonna end the year at $100,000, somewhere around there, or even higher,” he said. Novogratz cited regulatory changes in the U.S government.
Specifically, he referenced the Securities and Exchange Commission’s approval of Ethereum exchange-traded funds; bipartisan support in Congress for FIT121, the legislation that would provide a clearer regulatory framework for digital assets; and congressional support for the revocation of SAB 121, accounting guidance from the SEC that many in crypto oppose.
https://www.dlnews.com/articles/markets/galaxy-digital-ceo-michael-novogratz-is-bullish-on-bitcoin/
The crypto market is growing
BTC Dominance - 52.64%
Market Cap - $2.65T
BTC - $70,782.2 (+2.27%)
ETH - $3,801.4 (+0.7%)
BNB - $697.6 (+10.86%)
ARB - $1.11 (+0.8%)
STRK - $1.32 +8.45%)
W - $0.641 (-7.51%)
ZK - $1.14 (+0.06%)
https://dropstab.com
The infrastructure project Avail secured $75m in total funding.
Investors: Founders Fund, Dragonfly, Cyber Fund, SevenX Ventures, Figment Capital, Nomad Capital, Chapter One, Mirana, and others.
https://x.com/availproject/status/1797978214284808610
Mantra announces:
▫️$237 million worth of OM staked since yesterday
▫️Now over $210 million worth of OM staked at current market price and now off-exchange
▫️That's ~29% of the OM circulating supply staked by community
▫️Staked OM has increased by over 33% following ONDO’s USDY vault launch announcement
https://x.com/mantra_chain/status/1797607467217825965
The Securities and Exchange Commission (SEC) has endorsed One Asset Management (ONEAM) becoming the first firm to launch a spot Bitcoin exchange-traded fund (ETF) in Thailand
https://www.bangkokpost.com/business/investment/2804674/thai-sec-approves-first-bitcoin-etf
MANTRA has partnered with ZAND BANK, licensed by the Central Bank of the UAE
Zand Bank is regulated under Securities and Commodities Authority UAE.
https://blockchainreporter.net/mantra-signs-an-mou-with-zand-bank-to-streamline-the-rwa-tokenization-procedure/
https://x.com/mantra_chain/status/1798343368206176684
Coinbase is officially launching its new "smart wallet"
The company said new users can now create a wallet with "Face ID, Google Chrome profile, fingerprint, or Yubikey without recovery phrases."
Coinbase's wallet supports eight networks, including Base, Ethereum, Optimism, Arbitrum, Polygon, Avalanche, BNB and Zora.
https://www.theblock.co/post/298641/coinbase-launches-smart-wallet-with-hopes-of-addressing-cryptos-pain-points
🚀BlockDAG Network released Keynote 2 🚀
📎About the project:
💠@blockDAGnetworkOfficial is a Layer 1 proof of work consensus mechanism that evolves the crypto sphere with a cutting-edge Directed Acyclic Graph structure building on the foundations of Bitcoin & Kaspa.
Keynote 2 key points:
💎 BlockDAG X1 Miner App is officially available on both Android and Apple platforms🎉
💎 BlockDAG announces that its exclusive partner will be PlusWallet 🤝
💎 Upgraded reward structure and tokenomics🔥
💎 BlockDAG has increased its payment methods allowing you to participate in the pre-sale using more than 10 payment options. The most popular: USDT, Ethereum and BNB.
📆The Testnet is scheded for mid-August.
📆The Mainnet is set to go live in the next four month.
Keynote: https://bit.ly/3yVZcWV
#sponsored
Swell has unveiled the Swell DAO details
SWELL is the token used to govern the Swell protocol and secure Swell L2. SWELL will be the governance token for the entire Swell protocol, enabling decision-making to be distributed across the community.
Swell DAO will be at the center of this transformation. Voting power in the DAO will be proportional to the amount of SWELL held, with more tokens giving a greater ability to influence decisions by submitting and voting on governance proposals.
https://www.swellnetwork.io/post/the-road-to-decentralized-governance
QuarkChain announced a transition to Ethereum L2
https://mailchi.mp/1d2e851902c8/quarkchains-strategicevolution-pivot-to-ethereum-l2
FTX settled the Internal Revenue Service’s $24 billion claim
The IRS will receive a $200 million claim in FTX’s bankruptcy to be paid within 60 days of when the company’s proposed restructuring plan goes into effect.
The agency will also receive a $685 million lower priority claim.
https://news.bloomberglaw.com/bankruptcy-law/ftx-settles-24-billion-tax-claim-wth-irs-in-bankruptcy-court
https://www.bloomberglaw.com/public/desktop/document/FTXTradingLtdDocketNo122bk11068BankrDDelNov112022CourtDocket/38
SEC to Shutter Office Behind Failed DEBT Box Crypto Lawsuit
https://www.coindesk.com/policy/2024/06/04/sec-to-shutter-office-behind-failed-debt-box-crypto-lawsuit
🔥BNB has hit a new all-time high above $700
BNB is now trading at $701.
https://dropstab.com/coins/binancecoin
Bain Capital Crypto is planning to launch a second fund, according to a U.S. Securities and Exchange Commission filing.
https://www.coindesk.com/markets/2024/06/04/bain-capital-crypto-raising-second-fund-filing/
https://www.sec.gov/Archives/edgar/data/2025495/000202549524000001/xslFormDX01/primary_doc.xml
Ripple CEO Brad Garlinghouse says XRP ETFs may come in 2025
Recently, the CEO said that following Ethereum and Bitcoin, XRP, SOL, and ADA may be next in line to receive Spot crypto ETFs.
https://watcher.guru/news/ripple-ceo-brad-garlinghouse-says-xrp-etfs-may-come-in-2025
🎉Exciting news! ICO Drops has released the biggest update since the platform launch!
💧 ICODROPS website updated!
1. A totally revamped home page with easier navigation between the site's sections and just the most crucial project information outside;
2. Project cards now include more informative internal content, including new sections with investors and ongoing activities, etc.
3. The newly included VC section features a list of VC firms with many metrics and the most recent investment rounds from funds.
https://icodrops.com/
Injective released a new quest on Galxe: Join the Ninja Revolution
Users can earn the early adopter reward access to engage with the latest Injective dApps, new testnets, ninja community and more.
http://injective.xyz/4bLmiyc
https://x.com/injective/status/1797990688682119303
💧 Top Solana Memes by Social Performance
👉 https://dropstab.com/tab/memes-by-social-performance-z33qlmwg0c
DWF Labs will purchase $12,000,000 in FLOKI tokens to support the FLOKI ecosystem.
https://x.com/RealFlokiInu/status/1797901116245471522