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Bloomberg analyst Eric Balchunas updates the launch date for the spot $ETH ETF to July 2nd. SEC feedback indicates a quick approval process, enhancing Ethereum’s market liquidity and attracting institutional investors. #Update #CryptoNews
Paolo Ardoino, CEO of @Tether_to, emphasizes USDT’s role in boosting global dollar demand, serving over 300M people in unstable economies. Tether’s $500M investment in renewable energy for crypto mining aligns with sustainability goals. #Update
Ripple’s CLO Stuart Alderoty criticizes SEC Chair @GaryGensler’s use of “crypto-asset securities” and urges crypto investors to vote. Mark Cuban and Senators Hagerty and Durbin also express concerns over Gensler’s stance. #CryptoRegulations #Update
.@Gemini agrees to a $50M settlement over fraud claims related to its Gemini Earn program, affecting over 230,000 users. The deal includes restitution and a permanent ban on crypto lending in NY. #CryptoNews #Update
Coinbase adds support for Notcoin ($NOT) and Book of Meme ($BOME), sparking price rallies of 20% and 14%. Perpetual futures trading starts June 20 on @CoinbaseIntl & Coinbase Advanced. Current prices: $NOT at $0.02048, $BOME at $0.01089. #Update
Donald Trump proposed replacing U.S. income tax with higher tariffs, aiming to ease the tax burden on Americans. Ripple CTO David Schwartz warns this could devalue the USD, causing economic instability. #EconomicPolicy #Update
Shiba Inu’s marketing lead LUCIE announces $BONE listing on Indonesia’s Triv Exchange, boosting optimism for the SHIB ecosystem. BONE price rose 1.01% to $0.5543, while $SHIB gained 1.52%. #Update
President Biden has renominated Democrat Caroline Crenshaw as SEC Commissioner, sparking backlash from the crypto community due to her anti-crypto stance and vote against spot Bitcoin ETFs. Critics highlight tensions between Biden’s policies and crypto supporters. #CryptoNews
MicroStrategy (@MicroStrategy) gets an “Outperform” rating from Bernstein, with predictions of Bitcoin hitting $1M by 2033. $MSTR has a 90% upside, supported by its 214,400 BTC holdings. A $500M convertible note sale aims to boost reserves. #Update
Since May 27, exchange wallets for $SHIB, $LINK, and $ETH saw holdings drop by 2.4%, 2.9%, and 8.6% respectively. Traders view these reductions as bullish, signaling potential price recoveries. #Update #Cryptocurrency
Binance to delist trading pairs ALPACA/BTC, MDX/BTC, NFP/TUSD, QUICK/BTC, and XAI/BNB on June 14, 2024, due to low liquidity. Launches BNB Incubation Alliance for blockchain startups. #CryptoNews #Binance
Bitcoin spot ETFs see $226.2M outflow amid price dip. @BlackRock’s IBIT bucked the trend with $18.2M inflow, while $BTC price hovers around $67,059. #Crypto #BitcoinNews
Bitcoin faces declines amid a bearish market trend, with the 20,000 BTC options expiry on June 14 setting the max pain point at $68,500. PCR of 0.49 suggests bullish sentiment. #CryptoNews #Bitcoin
Billionaire Mark Cuban criticizes SEC Chair @GaryGensler’s crypto stance, claiming it may affect Biden’s 2024 reelection due to tough regulations on U.S. crypto firms. #Crypto #SEC
