Internet Computer launches Verified Credentials (VC) to curb fake news and spam by eliminating bots and fake accounts. VC offers walletless private credential management for Web3, requiring just a device with a passkey and a browser. #Update #Web3
Analysts predict $APORK could outperform $WIF, with a 200% rally during presale and over 350% post-listing. $SOL is expected to trade above $260 in 2024 due to increased adoption. #Update
Institutional interest in crypto ETFs is surging, with $15B in net inflows at the Coinbase State of Crypto Summit. Analysts expect further boosts pending regulatory clarity. $COIN rated “Buy” with a $315 target. #CryptoNews #Update
Bitcoin surged to $69,430 as investors eye US CPI figures and potential Fed rate cuts. Meanwhile, 5thScape’s presale raised over $6.7M, highlighting strong investor confidence in its VR platform. $BTC #Update
Iran’s central bank will pilot its digital rial on Kish Island in July, enabling cashless transactions with digital wallets and QR codes. This move aims to enhance payment security and efficiency in Iran’s financial system. #DigitalCurrency
NAB halts its Ethereum-based stablecoin AUDN after a year. The team shifts focus to Ubiquity, a new project with @ANZ_AU. This pivot could impact future blockchain and stablecoin trends in Australia’s financial sector. #Update #Blockchain #Stablecoin
Uphold will stop supporting $USDT, $GUSD, and other stablecoins from July 1 due to new European MiCA regulations. Binance and Kraken are also adjusting policies in response to these changes. #cryptonews
The @EddieSeal memecoin team launched a viral tattoo challenge, offering $350 for tattoos and $500 if inked on the head. Videos of the tattoos flooded social media, boosting engagement and visibility. #cryptonews #Update
VanEck is launching Australia’s first spot Bitcoin ETF on June 20, following ASX approval. This low-cost ETF offers a new investment avenue for Bitcoin, but ASIC warns of cryptocurrency risks. #BitcoinETF #Update
Coinbase is introducing a feature for international and advanced exchanges that lets users trade futures contracts on tokens before launch. Traders can take long or short positions with up to 2x leverage on unlaunched tokens. #CryptoNews
The SEC’s potential approval of spot Ether ETFs by July 2 has sparked a 12% rise in $ETH over 30 days. Increased whale activity sees 700,000 ETH purchased. Analysts predict significant market acceptance and potential long-term gains. #Update #Ethereum
Bitcoin consolidates post-halving despite a 55% YTD surge. Peter Schiff criticizes the value of spot BTC ETFs, yet institutional demand remains strong with BlackRock and Fidelity amassing $10B AUM. On-chain data shows holders are “hodling.” #Bitcoin #Update
Greenpeace’s 2024 report urges Wall Street accountability for Bitcoin’s environmental impact. Bitcoin mining used 121 TWh electricity in 2023, akin to Poland’s consumption. Top financiers like @BlackRock emitted CO2 equal to 335,000 homes. #Bitcoin #Update
Katie Stockton (@FairleadStrategies) on CNBC’s ‘Squawk Box’: Equities and Bitcoin ($BTC) remain in a bull market. Recent pullbacks nearly resolved, with $SPX nearing 5440. Bitcoin’s correlation with the Nasdaq 100 suggests it’s viewed as a traditional risk asset. #Update
