FIDA Soars 35% After Solana Name Service China Launch
FIDA token of @Bonfida surged 35% after launching Solana Name Service in China. Despite a 96% drop from its all-time high, FIDA now trades at $0.392 with $72M volume. #crypto #Updates
Markets
Deals with articles on the cryptocurrency markets, crypto investment strategies, market analyses, and trading insights.
Ethena USDe Surpasses Solana, Achieves $3B Market Cap
Ethena Labs’ USDe stablecoin surpasses Solana in revenue, hitting a $3B market cap. With a 30% yield, it generated $7M last week. Poised to be a top stablecoin. #CryptoNews #DeFi
Thailand Launches First Spot BTC ETF for Wealthy Investors
Thailand SEC approves the first spot Bitcoin ETF, managed by ONEAM, for ultra high net-worth individuals and institutions. This marks Thailand’s entry into the global crypto ETF market. #Bitcoin #CryptoNews
Spot BTC ETFs See Record-Breaking Inflows for 4th Week
Spot Bitcoin (BTC) exchange-traded funds (ETFs) in the U.S. have started their fourth week with positive inflows, recording $105.1 million on June 3. This marks a significant streak of gains since May 10, with only one day of no inflows. VanEck Bitcoin Trust ETF and WisdomTree Bitcoin Fund also saw gains, recording $2 million and $1.1 million respectively. Notably, this is the second-longest positive run for BTC ETFs in the U.S., with 16 consecutive days of inflows. Bitcoin has been consolidating between $68,800 and $69,300, briefly touching a seven-day high of $70,230. Despite a 0.11% price decline, BTC’s market cap… Read More »Spot BTC ETFs See Record-Breaking Inflows for 4th Week
ETF Potential Boosts XRP, SOL, ADA; Rollblock Climbs 40%
Brad Garlinghouse, Ripple’s CEO, predicts ETFs for XRP, SOL, and ADA, as Rollblock (RBLK) climbs 40% in its presale. This could signal a major milestone for these cryptocurrencies following Bitcoin and Ethereum ETFs attracting over $50 billion. Rollblock stands out with its innovative defi casino model, promising a profit share with token holders. It offers over 150 casino games and plans to introduce sports betting, all compatible with major cryptocurrencies like BTC, ETH, and SOL. RBLK’s presale success, with a 40% rally and expectations of a 720% return in 2024, highlights its potential. Additionally, crypto whales moved 77 million XRP,… Read More »ETF Potential Boosts XRP, SOL, ADA; Rollblock Climbs 40%
Bitcoin ETF Launches in Australia Tuesday
Australia’s first spot Bitcoin ETF, the Monochrome Bitcoin ETF, will start trading on the Cboe Australia exchange on Tuesday. Listed as IBTC, it carries a management fee of 0.98% and allows investors to access Bitcoin within a regulated framework overseen by the Australian Securities & Investments Commission (ASIC). This ETF is the first in Australia to hold Bitcoin directly, granting investors legal rights to their Bitcoin and enabling withdrawals. Monochrome collaborates with Gemini as the Bitcoin custodian, ensuring security and compliance. The ETF aims to mirror BTC market prices and withstand manipulation, enhancing its reliability. The launch comes amid a… Read More »Bitcoin ETF Launches in Australia Tuesday
Ukraine Exposes Major Crypto Investment Scam
Kyiv Prosecutor’s Office busts a crypto scam targeting EU investors, arresting 14 suspects. 40+ searches, 136 devices, and 1000 SIM cards seized. Millions lost. #CryptoFraud #Updates
Digital Asset Inflows Hit $2B in May
Digital asset investment products saw $185M in inflows last week, totaling $2B for May. $BTC led with $148M, while $ETH rebounded with a spot-based ETF approval. #CryptoNews #Updates
BRETT Memecoin Reaches $1 Billion Market Cap
BRETT memecoin hits $1B market cap in just 3 months, surpassing $DOGE’s years-long journey. Listing on Seamless Protocol @coinbase’s Base boosts visibility. #Crypto #Memecoin
Bitcoin Hits $69k After Major Investments
Bitcoin ($BTC) surges past $69,000 after major investments by @Paradigm and @Tether_to, hitting a market cap of $1.35T. #Cryptocurrency #BitcoinNews
Blockchain Gaming Investments Surge: Understanding the $1 Billion Boost
Investor confidence in the crypto market surged in Q1 2024 with spot Bitcoin ETFs and a key SEC litigation win, boosting blockchain gaming investments to $988M in April. #Crypto #BlockchainGaming
Ark Invest Exits Ether ETF, 21Shares Fund Rebrands
ARK Invest drops Ether ETF plan to reassess strategy despite SEC approval for eight Ethereum ETFs. Coinbase Custody holds assets. ARK still sees Ethereum’s long-term value. #crypto #Ethereum
Crypto Investment After Ethereum Approval: Top Opportunities
SEC approval of ETH ETFs marks a pivotal moment for Ethereum, solidifying its status in blockchain finance. With $100B in staked ETH, the DeFi market cap hits $104.55B. #Ethereum #DeFi
SEC Approves Ethereum ETF: VanEck CEO Celebrates Milestone
The @SECGov has approved spot $ETH ETFs, a landmark moment in crypto. @vaneck_us CEO calls it a career highlight. Expect increased investor interest and market clarity. #CryptoNews