Terra Classic ($LUNC) experiences major price swings and token burns. Since TerraUSD’s peg loss, the community’s efforts have burned 123.76B LUNC, aiming to boost value. Current price: $0.00008235, market cap: $452.6M. #Update
Bitcoin whale moves 1000 BTC to @CoinbasePrime after 6 years of dormancy. Acquired in 2018 for ~$7000, now worth ~$61.7M. This continues the trend of dormant addresses reactivating, impacting $BTC’s market dynamics. #CryptoNews
BlackRock’s Bitcoin ETF, IBIT, sees zero inflows for five days despite internal investments. Institutional interest in Bitcoin ETFs declines amid Fed’s interest rate stance and competition from new crypto ETFs like VanEck’s Solana ETF. #Update #Bitcoin #ETF
Solana ($SOL) surged nearly 7% to $147.9, outperforming the crypto market after @VanEck_US filed an ETF application. Increased trading activity and social media buzz pushed volume up 35% to $2.6B. #Crypto #Update
U.S. spot Bitcoin ETFs saw a $21.52M capital influx on June 26, 2024, led by Fidelity’s FBTC fund with a $19M increase. Total inflows hit $52.53M in two days. Grayscale’s $GBTC and VanEck also gained, while ARKB faced a $5M outflow. #Update
Doraemon ($DORAE), a Solana-based meme coin, crashed 99% after an alleged rug pull by the developer, liquidating 2.5M $DORAE for 10,538 $SOL ($1.45M). This highlights the risks in the volatile meme coin market. #Crypto #Update
Shiba Inu Coin ($SHIB) surged 3% today as the meme coin sector’s market cap rose to $49.25B. Significant burn activity and upcoming Web3 game launch in Q3 2024 are key drivers. RSI at 31 suggests potential rally. #Crypto #Update
Bitcoin ETFs in the US have faced $174.5B in outflows over 7 days, with Grayscale’s $GBTC leading with $90.4M. Institutional interest wanes amid market uncertainty, contrasting with Nasdaq’s 20% YTD gain. #Update #Bitcoin @Grayscale @Fidelity
Anthony Pompliano discussed Bitcoin’s 15% pullback, noting it’s up 40% YTD and 100% over the past year. He highlighted AI’s role in enhancing asset management and Bitcoin as a store of value. #Update #Bitcoin #AI #Crypto
Ethereum ($ETH) sees major whale activity as 9,000 ETH ($33.4M) moved to Coinbase amidst price dip. Active addresses hit 3-month high, indicating potential price recovery. Spot Ethereum ETF filings by @BlackRock and Fidelity could attract institutional investment. #Update
Bitcoin whale activity surges as Germany offloads 1,700 BTC from its $3.24B stash. Despite this, whales like @MicroStrategy buy aggressively, adding 11,931 BTC. The tug-of-war impacts Bitcoin’s price. #Update $BTC
At BTC Prague, @CryptoSlate’s James Van Straten interviewed @Tether_to CEO Paolo Ardoino on Tether’s 2022 resilience amid industry challenges, $USDT liquidity, and prudent 2023 strategy with US Treasury bills. Emphasis on transparency and stability remains strong. #Update
Bitcoin ($BTC) could peak by Dec 2024 or Oct 2025, says analyst Ali Martinez. @JackMallers forecasts $BTC hitting $250K-$1M in 10-18 months. Bernstein predicts $200K by 2025 and $1M by 2033 despite current downtrend. #Update
Katie Stockton (@FairleadStrategies) on CNBC’s ‘Squawk Box’: Equities and Bitcoin ($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
