Most people don’t lose money in crypto because they picked b | VirtualBacon0x on Binance Square

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Most people don’t lose money in crypto because they picked bad coins.
They lose because they:
• Panic sell
• Overleverage
• Copy strangers
Fix these first.

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☕️ GM! Here are the top events in #Crypto from the past 24 hours 📊Market Updates 🔸Franklin Templeton, Fidelity, Galaxy, Grayscale, and VanEck submit updated S-1s for spot Solana ETFs, signaling growing likelihood of SEC approval. 🔸Spot ETH ETFs end record 19-day inflow streak with $2.2M outflows as Israel-Iran conflict rattles markets. BTC ETFs see $302M inflows instead. 🔸Crypto Fear & Greed Index holds at 60 in “Greed” zone despite Israel-Iran conflict, but may slide to “Fear” if last year’s pattern repeats. 🔸ETH whales and sharks added 1.49M ETH in 30 days, boosting holdings to 27% of supply, as retail pulls back and ETH holds $2.5K support. 🔸Bitwise CEO says Bitcoin's opportunity spans $30T US Treasury market, not just gold, positioning it as a global store-of-value alternative. 🌟Highlights 🔸Trump Media CEO says firm is expanding social, streaming, and fintech arms while building a Bitcoin treasury. TMTG also filed for a BTC ETF. 🔸Trump reports over $600M income in 2024 from crypto, golf clubs, licensing deals, and NFTs, with assets valued at minimum $1.6 billion. 🔸Brazil sets a flat 17.5% tax on crypto profits, ending exemptions for small investors and applying to all holdings regardless of location. 🔸Vietnamese police halted two major crypto scams. BitMiner, which posed as a Dubai firm and stole $157K, and Million Smiles, a $1.17M fraud. 🔸Shaquille O’Neal agrees to pay $1.8M to settle FTX promo lawsuit, more than his $750K ad fee, avoiding future claims without admitting guilt.

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☕️ GM! Here are the top events in #Crypto from the past 24 hours 📊Market Updates 🔸SharpLink Gaming buys $463M in ETH, becoming second-largest holder after Ethereum Foundation. 🔸KuCoin launches SEC-approved exchange in Thailand after acquiring ERX, expanding regulated operations and offering fiat on/off-ramps locally. 🔸Walmart and Amazon are exploring US dollar-backed stablecoins to streamline e-commerce, with plans likely tied to the pending GENIUS Act. 🔸Shopify launches early access to USDC payments on Base via Coinbase, offering faster checkout, cashback perks, and broader crypto integration. 🌟Highlights 🔸Uphold eyes XRP staking via Flare by wrapping XRP as FXRP, with a beta test planned. US legal hurdles may delay rollout, CEO says. 🔸SEC names officials with crypto backgrounds to key roles under Chair Atkins, signaling a friendlier stance toward digital assets and innovation. 🔸Ripple and SEC file joint motion to end case and release $125M penalty. Ripple would recover $75M as both parties seek to avoid further appeals. 🔸US Senate to vote on amended GENIUS Act on June 17, aiming to regulate stablecoins as debate grows over political ties and industry influence. 🔸Charles Hoskinson proposes $100M ADA investment from Cardano treasury to support DeFi and stablecoins, aiming to boost adoption and ecosystem growth. 🔸SEC and Ripple file motion to release $125M escrow, ending their 4.5-year lawsuit. Ripple keeps $75M as both sides move to avoid further appeals.

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Have you ever bought a stock just because of its crypto exposure?

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☕️ GM! Here are the top events in #Crypto from the past 24 hours 📊Market Updates 🔸SEC delays decisions on Dogecoin, Hedera and Avalanche ETF filings as approval for other altcoin ETFs like Solana appears to move closer. 🔸GameStop upsizes convertible note offering to $2.25B to fund corporate plans and Bitcoin buys, despite stock dropping over 22 percent. 🔸Anthony Pompliano may lead ProCapBTC, a public firm aiming to raise $750M via SPAC merger to buy Bitcoin, per Financial Times report. 🔸Coinbase plans to launch CFTC-compliant perpetual futures trading in the US, expanding its offerings during renewed crypto market optimism. 🌟Highlights 🔸SEC withdraws Gensler-era proposals targeting DeFi and crypto custody rules, signaling a shift to more industry-friendly crypto regulation. 🔸US Senate sets final vote on GENIUS Act for June 17, aiming to establish a stablecoin framework before advancing to the House for approval. 🔸Jack Ma’s Ant International plans to seek stablecoin licenses in Hong Kong, Singapore, and Luxembourg as part of its global crypto expansion. 🔸USDC stablecoin launches on XRP Ledger, enabling cross-DEX transfers via XRP. Circle aims to bridge crypto and traditional finance. 🔸Trident Digital plans $500M XRP treasury funded via stock and financing tools, aiming to generate yield and engage deeply with Ripple’s ecosystem. 🔸Australia bans financial adviser Glenda Rogan for 10 years after she misled clients and sent $9.6M to a crypto scam platform, ASIC alleges.

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