Deals with articles on the cryptocurrency markets, crypto investment strategies, market analyses, and trading insights.
US Bitcoin mining firms hit a $22.8B market cap in June. @Core_Scientific leads with a 117% stock rise after a $3.5B deal with CoreWave. Despite Bitcoin’s drop below $67K, investor confidence remains high. US miners now control 23.8% of the hash rate. #Update
Australia’s securities regulator warns of the risks, volatility, and complexity of cryptocurrencies as ASX approves its first spot Bitcoin ETF. Investors advised to risk only what they can afford to lose. #BitcoinETF #Update @asic
Total crypto funding has surpassed $100B, with $101.36B raised across 5,287 rounds since 2014. Notable events: $4.2B ICO by EOS on June 1, 2018, and $1B by Luna Foundation Guard on Feb 23, 2022. #CryptoNews
Arthur Hayes, co-founder of @BitMEX, forecasts the approval of a Dogecoin ETF by cycle’s end, citing DOGE’s high market cap and active trading. He also predicts Aptos could surpass Solana in the L1-blockchain race. #Crypto #Update
Whale dumps 31M $XRP to exchanges amid price dip, sparking bearish sentiment. 30.350M XRP moved to Bitstamp, causing market disruption. Despite decline, positive news around XRPL and new stablecoin RLUSD offers cautious optimism. #Update #XRP
BlackRock’s ETF chief Samara Cohen notes advisors’ caution over Bitcoin spot ETFs despite $50B success since Jan 2024, citing volatility and fiduciary duties. 80% of buys are from self-directed investors. SEC eyes Ethereum ETFs by summer 2024. #Update
The @ASX will list @VanEck’s spot Bitcoin ETF on June 20, 2024, marking a key milestone in Australia’s crypto market. This follows the US debut of spot Bitcoin ETFs in January 2024, which amassed over $58B. #Bitcoin #Update
The @ASX will launch its first Bitcoin ETF, VanEck Bitcoin ETF, on June 20, offering regulated exposure to $BTC. This follows the U.S. SEC’s approval of a spot Bitcoin ETF and aligns with Australia’s strategy to stabilize crypto markets. #CryptoNews
34 blockchain startups raised $109.3M this week! Highlights: Nexus Labs secured $25M for its zero-knowledge VM, Layer3 raised $15M for onchain identity, and @NEARProtocol spinout Nuffle Labs garnered $13M. Paradigm announced a new $850M fund. #Blockchain #Update
U.S. spot Bitcoin ETFs saw a $190.08M outflow on June 14, 2024. Fidelity’s $FBTC lost $80M, while @BlackRock’s $IBIT gained $1M. Investor caution prevails amidst volatility. #Update #CryptoMarket
Robert Kiyosaki urges investing in #Bitcoin, calling it still affordable despite its $66,231.72 price. He emphasizes strategic buying from “Rich Dad, Poor Dad”: “Your profit is made when you buy, not when you sell.” #Update
From June 8-15, 2024, 32 crypto projects raised nearly $139M, led by Nexus securing $25M for Zero-Knowledge Proofs and BITAI with $20M for an AI-powered exchange. Layer3 and Nuffle Labs also raised $15M and $13M respectively. #CryptoInvestments
Australia’s first spot Bitcoin ETF, VanEck’s $VBTC, starts trading next week on @ASX. This regulated investment vehicle meets strong demand, aligning Australia with markets like the US. Last year, Global X’s Bitcoin ETF surged 153.5%. #Update #BitcoinETF
The launch of spot Ethereum-ETFs is delayed to July 2, 2024, following issuer comments. SEC Chair Gary Gensler expects approval by September 2024. Investor sentiment is strong, showing a 76% chance of approval by July 4. #Ethereum #Update
