Cboe VP Rob Marrocco says Solana ETFs are unlikely without a futures market or regulatory clarity. The absence of futures markets for Solana and XRP is a key barrier. Regulatory framework progress from the FIT21 Act could help. #CryptoRegulation #Update
An anonymous trader lost over $341K in under a minute by trading 2,500 $SOL for 91,705 DJT tokens, allegedly linked to Donald Trump. Speculation of insider trading is rising, with one wallet now holding DJT valued at $1.56M. #CryptoRisks #Update
AI investments surpass cryptocurrency, says BIT Mining’s Youwei Yang. AI projects now attract more funding, while crypto assets trade within narrow price ranges. Juan Leon from Bitwise predicts combined market growth of AI and crypto could reach $20T by 2030. #Update #AI #Crypto
Ripple’s transfer of 150M $XRP to an unknown wallet sparks investor speculation. Meanwhile, VR platform 5thScape raises $6.7M in presale, launching new game Cage of Conquest on MetaQuest. Both projects present unique investment opportunities. #Update
Anonymous trader turns $780 into $267K in 3 days by investing in meme coin DADDY on Solana, highlighting the volatile yet lucrative crypto market. Previously, another trader turned $861 into $650K with a meme coin. #Update #CryptoNews
Bitcoin faces declines amid a bearish market trend, with the 20,000 BTC options expiry on June 14 setting the max pain point at $68,500. PCR of 0.49 suggests bullish sentiment. #CryptoNews #Bitcoin
Swiss regulator FINMA shuts down FlowBank due to insolvency and insufficient capital. Deposits up to CHF 100,000 are guaranteed; crypto asset status remains unclear. #Crypto #Finance
Curve DAO ($CRV) plunged 30% to $0.27 amid massive liquidations of founder Michael Egorov’s holdings. Despite the crash, Futures OI surged 108.32% to $105.65M. #CryptoNews #DeFi
Binance adds new trading pairs: $NOT against BRL and $WIF against EUR starting tomorrow. Notcoin and Dogwifhat prices surged by 20% and 11%, respectively. #Crypto #Updates
JPMorgan Chase and Citigroup predict the #Fed will not cut interest rates in June 2024, influenced by new unemployment data. Potential volatility ahead for $BTC. #Finance #Crypto
Bitcoin miners sold 1,200 BTC on June 10, their largest sale since March, amid market liquidations and asset drops. Analysts suggest accumulation due to potential bullish events. #Bitcoin #CryptoNews
Senators @SenWarren, Jacky Rosen, and John Hickenlooper urge @federalreserve Chair Powell to cut interest rates from 5.5%, citing economic strain on working Americans and housing costs. #Economy #HousingCrisis
99Bitcoins raises $2M in its token presale for an incentivized ‘Learn-to-Earn’ platform. With $BTC near all-time highs, 99BTC’s value could increase tenfold post-presale. #Crypto #Updates
Anonymous trader turns $6.8K into $4M in 4 months by investing in meme coin Kendu. Portfolio now exceeds $4.3M. #Crypto #MemeCoins #Updates
