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If you're still trying to 100x your portfolio with 20 different altcoins, you're fighting the last cycle. This one will reward focus, not chaos.
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☕️ GM! Here are the top events in #Crypto from the past 24 hours 📊Market Updates 🔸BlackRock’s Bitcoin ETF ends 31-day inflow streak with record $430.8M outflow as total BTC ETF outflows hit $616M on May 30. 🔸SharpLink Gaming plans $1B ETH buy after launching an Ethereum treasury strategy and naming Joseph Lubin as chairman. 🔸SEC questions if REX-Osprey's staked SOL and ETH funds qualify as ETFs due to their rare c-corp structure, raising regulatory concerns. 🔸Brazil’s Méliuz plans $78M equity raise to buy Bitcoin, calling it a key treasury asset. 🌟Highlights 🔸Stealth-mode stablecoin startup Atticus nears $2B valuation in round led by Anduril’s Palmer Luckey with backing from Haun Ventures. 🔸Uphold explores XRP yield via Flare staking and plans to relaunch its crypto debit card and salary deposit rewards in the US. 🔸NYC Comptroller rejects Mayor Adams’ “BitBond” plan, calling it fiscally irresponsible and risky for the city’s credit and legal standing. 🔸IMF raises concerns over Pakistan’s plan to allocate 2,000 MW for Bitcoin mining amid energy crisis and ongoing budget negotiations. 🔸Jamie Dimon says the US should stockpile missiles not bitcoin, warning of defense gaps and downplaying digital asset reserve plans. 🔸Reform UK becomes first British party to accept crypto donations, pledging tax cuts and a digital finance bill if elected.
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If you had to hold one altcoin for the next 2 years, what would it be?
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☕️ GM! Here are the top events in #Crypto from the past 24 hours 📊Market Updates 🔸SEC says proof-of-stake staking doesn’t involve securities, opening the door for ETFs to include staking under clearer guidance. 🔸US spot Bitcoin ETFs saw $358M in net outflows Thursday, ending a 10-day inflow streak and marking the biggest exit since March 11. 🔸Canary Capital files for first US staked CRO ETF after SEC confirms staking is not a securities transaction. 🔸REX and Osprey file with SEC for ETH and SOL staking ETFs, aiming to offer token rewards and income via a C-corp structure. 🔸Thailand will block Bybit, OKX, and others from June 28 for unlicensed operations as part of anti-money laundering efforts. 🌟Highlights 🔸Trump Media signs $2.32B deal to build a Bitcoin treasury, becoming one of the largest BTC holders among US public companies. 🔸BitGo and Kraken begin $5B FTX user payouts as part of bankruptcy plan with users receiving 74% of claim value in this second round. 🔸Paris Saint-Germain reveals Bitcoin treasury strategy and plans to back BTC ventures to connect with its 550 million mostly young fans. 🔸JPMorgan warns of bearish ETH outlook highlighting weak demand, futures in backwardation, flat DeFi growth, and falling staking momentum. 🔸Hyperliquid trader James Wynn lost over $100M as his $1.25B long BTC bet was liquidated after price fell below $105K. Still holds $167M.
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My buy signal for $XRP is a further 20 percent drop against $BTC. This would either come from XRP falling while BTC holds, or from BTC rallying while XRP stays flat. Both cases push XRP into a strong value range. It’s a mid-cycle pattern we’ve seen be
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☕️ GM! Here are the top events in #Crypto from the past 24 hours 📊Market Updates 🔸SEC drops Binance lawsuit as it shifts crypto regulation strategy. Binance hails move as a win for innovation. 🔸BlackRock’s IBIT drives a $4.26B 10-day Bitcoin ETF inflow streak, now holding $72B AUM with 33 straight days of inflows totaling $9.3B. 🔸Tether-backed Bitcoin treasury firm Twenty One raises total funding to $685M after a second $100M note sale to boost BTC holdings. 🔸Norway-based K33 raises $6.2M to buy Bitcoin and unveils a treasury strategy to back products like BTC lending and margin services. 🌟Highlights 🔸Russia allows financial firms to offer crypto-linked derivatives to qualified investors, with Sberbank and exchanges planning launches. 🔸Banco Santander is exploring a stablecoin launch and crypto access for retail clients via Openbank, pending EU regulatory approval. 🔸Sol Strategies files to raise up to $1B for Solana investments after spending $20M from a recent $500M facility on 122,524 SOL. 🔸Cantor Fitzgerald to launch gold-protected Bitcoin fund offering BTC upside with gold-backed downside protection over five years. 🔸Circle froze $58M in USDC tied to the Libra scandal, locking Solana wallets linked to Argentina's Milei amid fraud investigations. 🔸US Treasury sanctioned Funnull Tech for aiding $200M in 'pig butchering' scams by selling IPs to host crypto fraud sites.
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