SEC’s approval of spot $ETH ETFs signals mass adoption, but @FerrumNetwork CTO Taha Abbasi warns against assuming non-security status. Staking prohibitions could impact market appeal. #Crypto #Ethereum
? Sealana ($SEAL) raised $3M in its presale and is prepping for exchange launch. With over 20K engaged followers, analysts predict up to 100x returns. #Crypto #Memecoins
Julia Leung, head of Hong Kong’s SFC, lauds Bitcoin’s resilience at Greenwich Economic Forum, highlighting its role as an “alternative asset” and the benefits of DLT. #Bitcoin #CryptoNews
Nvidia ($NVDA) surpasses Apple ($AAPL) in market value, reaching $3.011T. A 5% stock surge and rising AI chip demand fueled this historic milestone. #TechNews #AI
Jasmycoin ($JASMY) surged 51% this week due to Apple’s Japan app update, while Raboo’s 60% presale gains attract Polkadot investors. Raboo could see 233% presale surge. #Updates #CryptoNews
VanEck sets a $22,000 price target for $ETH by 2030, citing its disruptive tech and anticipated Ether ETF approval. Ethereum could drive $66B in cash flows. #Ethereum #CryptoNews
MoonPay (@moonpay) lays off 10% of workforce, affecting 30 employees, to cut costs and boost efficiency. Despite this, partnerships with @BinanceUS and @MasterCard continue. #CryptoNews #Updates
Cosmos Hub faced a 4-hour outage on June 5 due to a bug in the v17 upgrade. Despite the glitch, $ATOM stayed stable at $8.65, highlighting network resilience. #Blockchain #CryptoNews
Robert Kiyosaki predicts Bitcoin will hit $350,000 by August 2024. He also advises investing in $SOL and $ETH to diversify and mitigate risks. #Crypto #Investing
Paxos International launches Lift Dollar (USDL) in Argentina, offering a 5% risk-free yield backed by US dollar deposits and Treasury bonds. Available on Ripio, Buenbit, and TiendaCrypto. #Stablecoin #Finance
Chinese student Yang Qichao sentenced to 4.5 years for $50K crypto fraud involving Blockchain Future Force token on BNB Chain. Fined 30,000 yuan. Highlights need for stricter regulations. #CryptoNews #Blockchain
Chinese student Yang Qichao sentenced to 4.5 years for $300K cryptocurrency fraud involving BFF token on BNB Chain. His conviction highlights the urgent need for stricter crypto regulations. #CryptoNews #BNB
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
? Bain Capital leads $35M Series A for M^Zero to develop decentralized infrastructure for stablecoin minting backed by U.S. Treasury bonds. Market cap projected to hit $1T. #Crypto #DeFi
