Application-specific blockchains are set to grow the market from $5.88B (2021) to $1,314.03B (2030). These platforms optimize dApps for performance, security, and governance. #Blockchain #TechNews
BNB holders are flocking to the Raboo presale, which has raised $1.6M and grown 60%. Analysts predict a 233% increase before the presale ends. $PEPE eyes new ATH. #CryptoNews #Updates
Bitcoin hits nearly $71K, boosted by interest rate cuts and BTC ETF inflows. Dogecoin nears $1. Rebel Satoshi Arcade blends memes, NFTs, GameFi. #Crypto #Updates
DePIN leverages Web3 for environmental monitoring, incentivizing community-driven climate sensor networks. This decentralized approach offers hyperlocal air quality data and transparency, aiding better climate policies. #ClimateCrisis #Web3
The Web3 Foundation grants Accelerate Polkadot to enhance developer tools for the Polkadot ecosystem. First project: team management/rewards system for Cores & Conquests. #Web3 #Polkadot #Updates
Bakkt, the cryptocurrency custodian backed by @NYSE, is exploring selling or splitting its business due to financial woes. This move could impact market dynamics significantly. #Crypto #Finance
Binance’s user base hits 200M, growing from 120M in July ’22 despite legal woes. New CEO Richard Teng now oversees $100B in assets. #Crypto #Binance
Bitcoin dipped to $68,450 but rebounded above $69,000 amid record-high short positions by hedge funds. Analysts compare the potential for a short squeeze to GameStop. #Bitcoin $BTC #Crypto
U.S. Bitcoin ETFs saw $131M inflows on June 7, totaling 880,000 BTC worth $62B. @BlackRock led with 4,896 BTC ($347.61M). $BTC price fell 0.9% in 24 hrs. #CryptoNews #Bitcoin
Former President Trump rallies the cryptocurrency community, pledging to become “the crypto president” at a San Francisco fundraiser, raising $12M for 2024. #Crypto #Election2024
? The week of June 2-8 saw 21 blockchain startups raise $399.7M! Highlights: Avail $43M for scaling/security, M^0 $35M for stablecoin ecosystem, The Sandbox $20M for metaverse expansion. #Blockchain #CryptoNews
Friend.tech partners with Conduit to create Friendchain, a native blockchain using the $FRIEND token as gas. Launch date TBD. $FRIEND up 15% to $0.8439. #Crypto #Web3
Rebel Satoshi ($RBLZ) surges 120%, Uniswap ($UNI) sees double-digit gains, and Notcoin ($NOT) rises 160%. Crypto market shows robust growth trends. #Crypto #Updates
Core Scientific declined a $1B buyout from CoreWeave, opting instead for a $3.5B, 12-year deal to supply 200 MW for HPC, generating $290M annually. #Bitcoin #CryptoNews
