Robinhood is eyeing crypto futures trading, possibly boosting $DOGE, $BONK, and $KANG. Dogecoin may recover from a 5% dip, while Bonk is up 10%. KangaMoon’s users hit 32K with a 1,900% token surge. #Update
Nigerian trader Femi Akinola returned 90 SOL after receiving 100 SOL instead of $100 in a contest prize from The Crypto Network. Akinola’s honesty boosts trust in crypto, keeping 10 SOL as compensation. His actions aim to deter harmful schemes. #CryptoCommunity #Update
Crypto trader buys $59M in $ETH, $PEPE, $SHIB, $RNDR, $MATIC, $LINK, $AVAX, and $GRT amid market dip. Notable purchases: 9,425 $ETH worth $30.92M, 957.7B $PEPE worth $9.82M, and 583.7B $SHIB worth $9.63M. Signals confidence in market rebound with upcoming ETH ETF launch. #Update
Robinhood plans to launch Bitcoin ($BTC) and Ether ($ETH) futures in the U.S. and Europe. This follows its acquisition of Pluto Capital and a potential $200 million deal for @Bitstamp. No official date yet. #Update
An anonymous trader turned $9,923 into over $3.05M in 30 minutes by trading the BAKED meme coin on the Solana network, highlighting the volatile yet lucrative nature of meme coin investments. Analytics firm Lookonchain revealed BAKED was quickly acquired by few wallets. #Crypto #Update
Crypto derivatives like futures and options are risky and complex, especially with crypto’s volatility. Platforms like Thalex offer tools and “paper trading” to simplify this, aiming for broader market participation. #Crypto #Update
Coinbase seeks CFTC approval to offer altcoin futures, including $SHIB and $AVA, by July 15. This move aims to diversify its offerings and attract institutional investors by ensuring a regulated environment. #CryptoNews
Upcoming token unlocks will release $118M worth of $OP, $SUI, and $ENA into the market on June 30 and July 1, likely causing bearish price movements. Optimism will unlock 31.34M tokens, Sui 69.30M, and Ethena 14.89M. #Update
Crypto wealth platform Yield App, backed by AGE Crypto and Alphabit, to shut down on June 28, 2024, due to FTX-related losses. Portfolio hit by defunct FTX and Swiss hedge fund Tyr Capital’s risk failures. #Update #CryptoNews
Binance (@binance) adds 7 new FDUSD trading pairs, including $ETHFI, $MEME, and $PYTH, offering zero-fee trading based on VIP levels. Listed tokens saw price hikes, with $PYTH surging 6.21% and $MEME rising 4.97%. #Update
The imminent approval of the U.S. Spot Ethereum ETF could see trading start by July 2. Experts forecast a $2.8 billion investment, about 15-20% of Bitcoin ETFs. $ETH is up 1%, now at $3,387.68. #Update #EthereumETF
Dog-themed meme coin $WIF surged 23.7% to $1.89 after a month-long decline. Daily trading volume jumped 114% to over $700M, with social activity up 78%. RSI improved from 24 to 34, hinting at more gains. #Update
YieldMax files with the SEC to launch an Ether Option Income Strategy ETF on NYSE Arca, using a synthetic covered call strategy. Managed by Tidal Investments and sub-advised by ZEGA Financial. Awaiting SEC’s decision on Spot Ethereum ETFs. #CryptoNews
HashKey Global secures Bermuda Monetary Authority approval to launch a futures trading platform on June 19, offering Bitcoin ($BTC) and Ethereum ($ETH) futures with up to 10x leverage. The platform aims to ensure secure, regulated trading. #CryptoNews
