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The price of ALT $ALT from ALTLayer is on the rise. Its innovative Restaked Rollups enhance Ethereum's scalability with unparalleled security and decentralization, driving adoption.
With support from Binance Labs and a $3 million EigenLayer grant, the low market capitalization of ALT indicates that it is currently undervalued. With increasing trading volume and hype across cryptocurrency communities, this token is poised for a breakout,
Purpose Investments has received final approval from regulators to launch the Purpose XRP ETF, which will begin trading on the Toronto Stock Exchange on June 18 under the ticker symbols XRPP (CAD-hedged), XRPP.B (CAD), and XRPP.U (USD). This fund provides direct exposure to spot XRP and will be eligible for registered accounts such as TFSA and RRSP.
🔎 Introduction to Spark (SPK) on Binance HODLer Airdrops! Earn SPK with BNB effective against Simple Earn Subscriptions 👉 https://www.binance.com/en/support/announcement/detail/6ff0fe8602d845488bd6a43aef3bbc0c SPK HODLer Airdrop Details Token Name: Spark (SPK) Total Genesis Token Supply: 10,000,000,000 SPK Maximum Token Supply: 10,000,000,000 SPK HODLer Airdrop Token Reward: 200,000,000 SPK (2.00% of total token supply) An additional 50,000,000 SPK will be allocated for other marketing campaigns after listing on the spot. Details will be provided in a separate announcement. Circulating Supply at Listing on Binance: 1,700,000,000 SPK (17.00% of total token supply) ✅ Binance registration link: https://accounts.binance.com/register?ref=16398693
Strategic Executive Chairman Michael Saylor recently stated in a meeting with Pakistan's Finance Minister Muhammad Aurangzeb and the Minister of Blockchain and Cryptocurrency Bilal Bin Saqib that he is willing to advise on the country's cryptocurrency strategy. The parties discussed the potential use of Bitcoin as part of the national reserves and the development of a cryptocurrency policy framework.
In the next 7 days, tokens with a large one-time unlock amount (over 5 million dollars) include FTN, ZK, ARB, S, ID, APE, MELANIA, LISTA, and ZKJ. Tokens with a large daily linear unlock amount (over 1 million dollars per day) include SOL, WLD, TIA, DOGE, TAO, AVAX, SUI, DOT, IP, MORPHO, ETHFI, and JTO. The total unlock value exceeds 443 million dollars. Sonic claims that this portion of tokens is newly minted, not unlocked from existing supply.
According to Binance Alpha market data, both ZKJ and KOGE have dropped over 60% in the past hour. ZKJ is currently trading at $0.78 (-60.56% in 24 hours), while KOGE is at $23.61 (-60.75% in 24 hours). The KOGE team, 48 Club, clarified yesterday that KOGE has not had locked tokens since day one and they have never promised not to sell treasury shares.
Polkadot community members propose to create a Bitcoin Strategic Reserve for the Treasury. The proposal plans to use 501,000 DOT to gradually purchase tBTC over the course of a year through Hydration's continuous DCA mechanism. tBTC will be added to the Hydration Omnipool as liquidity using Threshold Network's non-custodial Bitcoin bridge. This proposal is still being discussed on the forum and has not yet been put on-chain.
Cardano founder Charles Hoskinson proposed converting 100 million ADA reserve dollars into Bitcoin and native stablecoins USDM and USDA to strengthen the ecosystem. He dismissed concerns about market impact and stated that the current 10% stablecoin/TVL ratio is "killing Cardano." The total TVL of Cardano is 356 million dollars, with only 31 million dollars in stablecoins.
According to the New York Post, a financial disclosure released by the U.S. Office of Government Ethics on June 13 shows that former President Donald Trump earned $57.36 million last year from the cryptocurrency company World Liberty Financial, which is linked to his family. This is one of his main sources of income. He also earned royalties from products bearing his name and likeness, ..
🔔SharpLink Gaming has purchased 176,270.69 ETH for approximately 463 million USD, becoming the largest publicly listed company holding ETH globally, second only to the Ethereum Foundation. 💰The transaction was completed at an average price of 2,626 USD per ETH, including fees. SharpLink Gaming has also raised an additional 79 million USD to support this transaction. 🔗More than 95% of SharpLink Gaming's ETH is being used for staking and liquidity staking solutions, contributing to cybersecurity and generating profits. 🔮CEO Rob Phythian believes that Ethereum will be the foundational infrastructure for future digital commerce and decentralized applications. Chairman Joseph Lubin notes that the timing of the purchase coincides with significant legislative developments in the US regarding stablecoins and the structure of the digital asset market. 📈SharpLink Gaming currently has a market capitalization of 1.93 billion USD on Nasdaq and has achieved remarkable growth of 321% year-to-date.
👉This is a significant move by SharpLink Gaming into Ethereum, and they are strategically leveraging their ETH holdings.
James Wynn (@JamesWynnReal) has been liquidated once again! Even with a new wallet, his $BTC and $PEPE buy orders still couldn't escape liquidation. The total losses of his new wallet have exceeded 2 million dollars. He only has 122 thousand dollars left in his new wallet.
On June 2, 2024, Nasdaq filed a rule change proposal with the SEC, seeking to add XRP, SOL, XLM, and ADA to its digital asset benchmark and allow the Hashdex Nasdaq Crypto ETF (NCIQ) to transition from the current NCIUS index to the broader Nasdaq Crypto Index (NCI), which includes nine digital assets. If approved, the ETF will be allowed to invest in all nine cryptocurrencies, including the four newly added ones.
The SEC's final decision deadline is November 2, 2025.
🚨🔍What is an airdrop scam? They are fraudulent schemes that exploit the legitimate concept of airdrops – where blockchain projects distribute free tokens to users. Scammers promise to give away cryptocurrency tokens but actually have malicious intentions, such as stealing personal information, private keys, or assets from victims. ❗Types of airdrop scams: 1. Phishing scams: Scammers create fake websites or social media accounts that impersonate real projects, tricking users into entering sensitive information via email, direct messages, or fake websites. 2. Malware and upfront payment requests: This includes spreading malware or asking users to pay upfront to receive free tokens. 3. Fake websites and malicious contracts: When users connect their wallets to fake websites, they inadvertently sign malicious contracts that allow scammers to steal funds. 🚫How to avoid: - Research the project thoroughly through official channels before participating. - Do not share your private keys or sensitive information with anyone. - Be cautious of messages or emails promising free tokens. - Look for signs such as poorly designed websites, grammatical errors, or requests for upfront payment. 🔒Protection steps: - Use reputable and secure wallets. - If you suspect a scam, act quickly to minimize damage. Be cautious and protect yourself from airdrop scam tricks!
🌐🔸 Bitcoin Price Volatility: Bitcoin is experiencing significant price volatility, currently around $105,500. On June 5, the price dipped to $100,500 but has since recovered, prompting traders to expect the upward trend to continue. 🔸 Regulatory Impact: The stablecoin law is expected to have a significant impact on the Bitcoin market by 2025, potentially pushing the price above $150,000. 🔸 Security Incidents: A security breach at the BitoPro exchange resulted in a loss of over $11.5 million, and the DeFi platform Alex Protocol on Stacks was also exploited, losing $8.3 million. 🔸 Institutional Investment: The company led by Michael Saylor purchased 705 Bitcoins worth $75.1 million, at an average price of $106,495/coin. 🔸 Market Concerns: Concerns about a 'bull trap' as Bitcoin recovers to $105,000. Fears of an economic recession and the U.S. strategic Bitcoin reserves raise doubts among investors. 🔸 Legal Actions: U.S. authorities have seized 145 domain names and a significant amount of cryptocurrency related to the dark market BidenCash.
Overall, the cryptocurrency market is currently affected by various factors, from price volatility, expected regulations, security incidents to institutional investment activities. 🚀