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🚀 Deepen Your Understanding of the Financial Markets! 🚀 Admin: @CryptoNewsAdminTG Follow: @BitcoinNews @EthereumNews @AltcoinNews @TradingNews @MetaverseNews

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01
📊 Surge in Digital Asset Investments Following SEC ETF Approvals, Coinshares Reports Digital asset investment products have witnessed significant inflows totaling $2 billion, marking a strong five-week streak that accumulates to $4.3 billion. As reported by Coinshares, this surge aligns with increased trading volumes and shifting monetary policy expectations. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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💰 Solana Foundation expels validators for sandwich attacks on retail users The Solana Foundation has expelled several validators from its delegation program for conducting sandwich attacks on retail users. In a recent Discord announcement, Tim Garcia, the Team Lead of Solana Validator Relations, confirmed that the removals were permanent, stating that the foundation identified operators involved in mempool activities supporting sandwich attacks. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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💰 Trump Campaign Crypto Aide Announces Presidential Roundtable on Domestic Bitcoin Mining David Bailey, CEO of Bitcoin Magazine and Trump campaign cryptocurrency aide, has announced that Former President Donald Trump will participate in a Presidential Roundtable on domestic bitcoin mining as part of its new cryptocurrency-friendly policy. He revealed that big miners from the U.S. would be present at the event without disclosing the list of assistants. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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🇺🇸 Silicon Valley courts Trump in latest crypto campaigning push: report Former United States President and current leading Republican presidential candidate Donald Trump took to Silicon Valley in his latest campaign financing efforts. Trump raised $12 million from a Thursday night fundraiser held at the San Francisco house of David Sacks, a tech entrepreneur and investor, Reuters reports citing people who attended the fundraiser. Social Capital CEO Chamath Palihapitiya cohosted the event. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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💰 "The rapid movement of Bitcoin is lost for some people. They may have forgotten what it felt like in past bull runs where it went up massively." - Samson Mow 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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💰 StanChart predicts new ATH on favorable payroll data, maintains $150k Bitcoin price Bitcoin is poised to reach a new all-time high this weekend if upcoming payroll data on June 7 is favorable, according to Standard Chartered’s head of crypto research Geoffrey Kendrick. The flagship crypto was trading a little above $71,000 as of press time. Kendrick also reaffirmed previous projections and said he maintains a bullish outlook on Bitcoin’s price, predicting it will reach $150,000 by the end of 2024 and $200,000 by the end of 2025. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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💰 Bitcoin Miner Bitdeer Expands With Acquisition of ASIC Designer Desiweminer Bitdeer’s (Nasdaq: BTDR) decision to purchase Desiweminer follows a comprehensive ten-month evaluation period, underscoring the strategic nature of this acquisition aimed at bolstering its ASIC design capabilities. Desiweminer, known for its sophisticated chip designs suitable for ultra-fine 4nm processes, will see its team integrated into Bitdeer’s operations in Singapore. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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🪙 Chainlink Tops Real-World Crypto Assets With the Most Development Again Chainlink (LINK), the native token of the decentralized blockchain oracle network built on Ethereum, has emerged once more as the top real-world asset with the most development activity in the last 30 days. Real-world assets are cryptocurrencies that represent physical assets like properties and objects. Like other crypto assets, they run on smart contracts and blockchains and have been gaining popularity recently, with a market capitalization running into billions of dollars. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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🇯🇵 Japanese crypto exchange DMM 💰 Bitcoin outlines funding plan to cover over $300 million in hack losses DMM Bitcoin has outlined plans to cover losses from the theft of over $300 million in bitcoin from the Japanese crypto exchange last week. At the time of the attack, DMM Bitcoin said 4,502.9 BTC ($306 million) had been stolen in an “unauthorized outflow of funds.” It sought to reassure users, stating it would guarantee the full amount of their deposits by procuring an equivalent amount of bitcoin. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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📊 Bitcoin and ether options implied volatility forecasts lackluster market in June: analysts The current levels of implied volatility for bitcoin and ether options — a measure of expected future price movement — indicate that traders expect the market to be relatively calm over the coming weeks, analysts said. "Implied volatility rank is 40 and implied volatility percentile is 52, both mid-level indicators which show the market is not expecting a lot of activity," Luuk Strijers told The Block. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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🇳🇬 Nigeria’s interest in Bitcoin unfazed by regulatory restrictions Despite President Tinubu’s administration’s crackdown on peer-to-peer (P2P) cryptocurrency trading, which has sparked outrage among many young Nigerians, their enthusiasm for Bitcoin remains unabated. According to Google Trends statistics, Nigeria, Africa’s largest cryptocurrency market, is currently the country with the highest interest in Bitcoin (BTC), followed closely by El Salvador. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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🇺🇸 Ex-Banker Sentenced to 41 Months in US Prison for Crypto Fraud Scheme Rashawn Russell, a former investment banker, was sentenced on Thursday to 41 months in prison for a cryptocurrency fraud scheme that caused $1.5 million in investor losses. From November 2020 to August 2022, Russell deceived multiple victims by promising high returns from cryptocurrency investments, only to misappropriate their funds for personal use, gambling, and repaying other investors. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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🏦 Coinbase Challenges SEC’s Rulemaking Process, Argues for Clear Regulations on Digital Assets Coinbase, Inc. has escalated its dispute with the Securities and Exchange Commission (SEC) by filing a reply brief in the Third Circuit Court of Appeals, arguing the necessity of clear rulemaking for the digital asset industry. The case underscores the ongoing tensions between regulators and the digital asset sector over compliance and operational standards. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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🏦 Coinbase slams SEC in closing brief over refusal to provide clear regulation Coinbase filed a closing brief with the US Court of Appeals for the Third Circuit on May 31, challenging the SEC’s denial of its rulemaking petition. The case revolves around a single, conclusory sentence in the SEC’s order, which “disagreed” with Coinbase’s assertion that current SEC rules are unworkable for digital asset firms. The exchange argues that this lack of reasoned decision-making should result in vacating the regulator’s order. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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💰 Bitcoin market split as buying and selling volumes remain the same Bitcoin's spot trading volumes over the past week reveal intriguing shifts in market activity and sentiment. The price saw notable volatility, peaking on May 25 at $69,270 but then dipping into a stabilization phase. A sharp decline in trading volume coincided with this peak, suggesting market hesitation. Then something intriguing happened—trading volumes began to climb again, with May 28 seeing a significant upswing despite a slight price decline to $68,280. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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🇺🇸 Biden campaign reportedly seeking help from crypto industry to rebuild new policy President Joe Biden’s re-election campaign has reportedly initiated a significant outreach to the crypto industry, according to a new report from The Block. Marking a notable shift from his previous stance, this engagement, which reportedly began approximately two weeks ago, involves seeking guidance from key figures in the crypto sector on community and policy matters. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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🇸🇻 Ark CEO Cathie Wood Talks Bitcoin With El Salvador's President — Applauds His Vision for BTC Hub Cathie Wood, CEO of asset management firm Ark Invest, recently met with El Salvador’s President Nayib Bukele and discussed bitcoin. She praised his progressive approach to economic and educational reforms. “President Bukele’s determination to transform El Salvador into a hub for the bitcoin and AI communities — two of the most significant economic and technological revolutions in history — is why I believe its real GDP could potentially increase tenfold during the next five years,” Wood stated. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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🪙 Bitfarms rejected Riot's acquisition proposal because it 'significantly undervalues' the firm Bitcoin mining firm Bitfarms explained why it rejected Riot Platforms' acquisition proposal in a Wednesday company statement. Riot's proposal to purchase all Bitfarms' outstanding shares at $2.30 a piece "determined it significantly undervalues the company and its growth prospects," the company wrote in the release. Additionally, Bitfarms claimed Riot did not respond to its request for customary confidentiality and non-solicitation protections. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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💰 Riot offers $950 million to buyout Bitfarms in hostile takeover amid CEO controversy Riot Platforms has announced a proposal to acquire Bitfarms for approximately $950 million, reflecting a 24% premium to Bitfarms’ one-month volume-weighted average share price as of May 24. According to the press release, Riot’s decision to make a hostile takeover bid follows Bitfarms’ Board of Directors’ rejection of its private proposal without substantive engagement. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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🪙 Mt Gox Trustee and Mark Karpeles weigh in on the estate moving $9.8 billion of bitcoin Earlier today, $9.8 billion of bitcoin from multiple wallets associated with Mt Gox was consolidated into a single wallet without prior warning from the Mt Gox Trustee, causing some alarm among creditors. "Under the Rehabilitation Plan, the Rehabilitation Trustee is preparing to make repayment for the portion of cryptocurrency rehabilitation claims to which cryptocurrency is allocated," the Trustee said. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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💰 Solana validators approve 100% allocation of priority fees, ending 50/50 burn split Solana validators voted to allocate 100% of priority fees to themselves on May 27, ending the previous 50/50 split between burning fees and rewarding validators. The proposal, known as SIMD-0096, passed with 77% approval. It aims to address perceived flaws in the current system and align incentives for network security and efficiency. Validators such as Everstake, Jito, Helius, Stakehaus, Leapfrog, Bonk, Solend, and Pico.sol supported the change. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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🇺🇸 Justin Sun urges crypto community to back pro-crypto presidential candidate Justin Sun, Tron’s blockchain founder, has called on the crypto community to support a pro-crypto candidate in the forthcoming US presidential elections in November. Sun made this appeal in a May 26 social media post, emphasizing the importance of aligning with a candidate who endorses cryptocurrencies to ensure the industry’s voice is heard and interests protected. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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🇭🇰 Worldcoin’s Biometric Data Collection Violates Privacy Laws: Hong Kong’s Regulator The controversial Worldcoin project has faced yet another setback. Hong Kong’s privacy regulator, the Office of the Privacy Commissioner for Personal Data (PCPD), ordered the Worldcoin Foundation to halt all its operations in the region, citing that its practices violate local privacy regulations. After conducting 10 covert inspections at six Worldcoin locations in December 2023 and January 2024, the agency determined that such extensive collection of biometric information was “unnecessary and excessive.” It added that such actions violated the principles of data protection under Hong Kong’s privacy laws. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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🇬🇧 UK court jails woman for laundering $10 million worth of 💰 bitcoin tied to alleged $5.6 billion fraud: report The Southwark Crown Court in London sentenced a woman to jail for money laundering bitcoin tied to a billion-dollar investment fraud, Bloomberg reports. Jian Wen, 42, who has both UK and Chinese citizenship, was sentenced to six years and eight months for money laundering 150 BTC, worth around $10.4 million at current prices. The bitcoin was part of a wider investment fraud operation, in which authorities seized 61,000 BTC valued at around $4.22 billion, related to a broader purported $5.6 billion scheme. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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💰 Bitcoin miner Marathon Digital partners with Kenya on renewable energy projects Bitcoin mining firm Marathon Digital Holdings is partnering with Kenya's Ministry of Energy and Petroleum (MOEP) on several renewable energy projects. Marathon Digital and the MOEP will come up with a series of bitcoin-based renewable energy projects in Kenya. To facilitate that work, the two groups will establish a committee charged with steering the development and implementation of those energy-related projects across the African nation, according to a joint statement. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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🪙 Ethereum ETF approval will set stage for 💰 Solana ETF, commodity classification According to a recent Bernstein report, the approval of a spot Ethereum (ETH) exchange-traded fund (ETF) in the US may establish a precedent for classifying Solana (SOL) as a commodity. The classification of cryptocurrencies as either securities or commodities holds significant implications. Commodity classification facilitates ETF applications and approvals, while security classification subjects assets to stricter SEC oversight. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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🏦 Coinbase CEO Brian Armstrong says FIT21 can 'finally' create clear crypto regulation Coinbase CEO Brian Armstrong commented on the House of Representatives vote on FIT21, or the Financial Innovation and Technology for the 21st Century Act, on the social media platform X. Armstrong called it a "historic vote," adding that it will "finally start to create some clear rules to regulate crypto" if passed into law. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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💰 Standard Chartered Predicts Bitcoin Could Hit All-Time High This Weekend Standard Chartered’s head of digital asset research, Geoff Kendrick, has predicted a significant rise in bitcoin’s price, potentially surpassing its previous all-time high of $73,798 by this weekend. His optimistic outlook is fueled by the anticipated approval of spot ether exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC), which he believes will significantly enhance the credibility of the cryptocurrency sector. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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🪙 Cboe submits 5 amended ETH ETF filings amid renewed chance of approval Cboe BZX filed 19-b4 amendments related to five spot Ethereum ETFs on May 21, significantly increasing the odds of each fund’s approval. The news coincided with a sudden spike in odds on Polymarket, which reports 70% odds of approval by May 31, up from just 10% hours before. Bloomberg ETF analyst James Seyffart commented on the development, stating that the filings validate earlier rumors and speculation. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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💰 Standard Chartered says bitcoin expected to hit fresh all-time high by weekend An approval of a spot ether exchange-traded fund (ETF) this week would further legitimize the cryptocurrency sector and therefore be positive for bitcoin as well, an analyst said. "I would expect a fresh all-time high in bitcoin by the weekend, through the 14 March $73,798 level," Standard Chartered Bank Head of FX Research and Digital Assets Research Geoff Kendrick said in an email sent to The Block. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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🚨 Gaming Token Gala Drops Amid Suspect $200M Transfer The native token of crypto gaming project Gala Games (GALA) fell sharply Monday amid fears of a major transfer of over $200 million worth of GALA tokens that traders feared was a hack. On Monday, an unknown party minted 5 billion Gala tokens and proceeded to sell them on decentralized exchange Uniswap, according to blockchain explorers. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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🪙 Ethereum Foundation researcher Justin Drake discloses advisor role at Eigen Foundation Ethereum Foundation researcher Justin Drake disclosed an advisory role at Eigen Foundation and a corresponding Eigen token allocation. Drake’s disclosure followed discussions about potential conflicts of interest between EigenLayer and his employer, the Ethereum Foundation, arising from core devs and researchers at the organization taking advisory roles. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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🇻🇪 Venezuela bans crypto mining to protect power grid The Venezuelan government has joined the list of countries that have frowned on crypto mining due to its hefty electricity demands. According to a local news outlet, Venezuela’s Ministry of Electric Power has unveiled plans to disconnect cryptocurrency mining farms from the national grid. The move aims to regulate excessive energy consumption and guarantee a stable power supply for the population. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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🇹🇷 Turkey Takes Crypto Bill to Parliament, Aims to Bring Crypto Licensing to the Country Türkiye has introduced a legislative proposal aimed at reducing the risks of parties transacting with crypto assets in the country. The proposal has been presented to the parliament. The bill, introduced by ruling party chairman Abdullah Güler, includes various regulations regarding crypto assets and will be implemented by the Capital Markets Board (CMB). This proposal establishes important rules regarding crypto service providers and increases the CMB’s supervision over them. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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JUST IN: 🇺🇸 Founder of SkyBridge Capital, speaks on doing the homework on Bitcoin and how skeptics are now embracing $BTC for the long term 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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🇺🇸 U.S. Senate Votes to Kill SEC's Crypto Accounting Policy, Testing Biden's Veto Threat The U.S. Senate joined the House of Representatives on Thursday in seeking to erase the controversial Securities and Exchange Commission (SEC) crypto policy known as Staff Accounting Bulletin No. 121, though President Joe Biden has vowed to veto the resolution. The Senate voted 60-38 on the effort to overturn the policy, commonly referred to as SAB 121. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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💰 Bitcoin options traders anticipate short-term price correction, analysts say Despite yesterday's softer U.S. CPI inflation report, investors are still ready to pay a premium for short-term downside protection, according to CF Benchmarks' analysis of Chicago Mercantile Exchange (CME) options on bitcoin futures. The CF Benchmark analysts said that although bitcoin saw a breakout above the $66,000 mark after yesterday's softer inflation print, there is still "higher implied volatility for OTM puts compared to calls." Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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🇰🇵 North Korea-linked group used Tornado Cash to launder $147 million in crypto: Reuters North Korea laundered nearly $150 million in stolen cryptocurrencies with Tornado Cash in March, Reuters reported, citing United Nations sanctions monitors. North Korean cybercriminals deposited the ill-gotten funds, worth $147.5 million, onto the privacy-preserving in a bid to throw law enforcement off its tracks, the monitors said Friday in a note to the U.S. Security Council sanctions committee. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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💰 Daily spot bitcoin ETF inflows top $100 million as ARKB overpowers GBTC Spot bitcoin exchange-traded funds in the United States returned to a daily net inflow of over $100 million yesterday as inflows into the ARK 21 Shares Bitcoin ETF (ARKB) overpowered the usual outflows from the Grayscale Bitcoin Trust. According to data from SoSo Value, approximately $133 million flowed into ARKB, bringing its cumulative net inflow to $2 billion. Conversely, GBTC witnessed another $51 million flow out of the product, bringing its cumulative net outflows to $18 billion. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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💰 Bitcoin’s Fundamentals Remain Strong Amid Market Volatility: Bitfinex Key factors like the steadfastness of long-term holders and the plunge in mining difficulty underscore Bitcoin’s foundational strength. While the crypto market is far from its March peak, analysts say the fundamentals of the Bitcoin network remain strong. According to the latest Bitfinex Alpha report, Bitcoin’s foundational strength is underscored by key factors like the steadfastness of long-term holders and the plunge in mining difficulty. These factors indicate that the network is positioned for future value appreciation. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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📊 Surge in Digital Asset Investments Following SEC ETF Approvals, Coinshares Reports Digital asset investment products have witnessed significant inflows totaling $2 billion, marking a strong five-week streak that accumulates to $4.3 billion. As reported by Coinshares, this surge aligns with increased trading volumes and shifting monetary policy expectations. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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💰 Solana Foundation expels validators for sandwich attacks on retail users The Solana Foundation has expelled several validators from its delegation program for conducting sandwich attacks on retail users. In a recent Discord announcement, Tim Garcia, the Team Lead of Solana Validator Relations, confirmed that the removals were permanent, stating that the foundation identified operators involved in mempool activities supporting sandwich attacks. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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💰 Trump Campaign Crypto Aide Announces Presidential Roundtable on Domestic Bitcoin Mining David Bailey, CEO of Bitcoin Magazine and Trump campaign cryptocurrency aide, has announced that Former President Donald Trump will participate in a Presidential Roundtable on domestic bitcoin mining as part of its new cryptocurrency-friendly policy. He revealed that big miners from the U.S. would be present at the event without disclosing the list of assistants. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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🇺🇸 Silicon Valley courts Trump in latest crypto campaigning push: report Former United States President and current leading Republican presidential candidate Donald Trump took to Silicon Valley in his latest campaign financing efforts. Trump raised $12 million from a Thursday night fundraiser held at the San Francisco house of David Sacks, a tech entrepreneur and investor, Reuters reports citing people who attended the fundraiser. Social Capital CEO Chamath Palihapitiya cohosted the event. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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💰 "The rapid movement of Bitcoin is lost for some people. They may have forgotten what it felt like in past bull runs where it went up massively." - Samson Mow 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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💰 StanChart predicts new ATH on favorable payroll data, maintains $150k Bitcoin price Bitcoin is poised to reach a new all-time high this weekend if upcoming payroll data on June 7 is favorable, according to Standard Chartered’s head of crypto research Geoffrey Kendrick. The flagship crypto was trading a little above $71,000 as of press time. Kendrick also reaffirmed previous projections and said he maintains a bullish outlook on Bitcoin’s price, predicting it will reach $150,000 by the end of 2024 and $200,000 by the end of 2025. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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💰 Bitcoin Miner Bitdeer Expands With Acquisition of ASIC Designer Desiweminer Bitdeer’s (Nasdaq: BTDR) decision to purchase Desiweminer follows a comprehensive ten-month evaluation period, underscoring the strategic nature of this acquisition aimed at bolstering its ASIC design capabilities. Desiweminer, known for its sophisticated chip designs suitable for ultra-fine 4nm processes, will see its team integrated into Bitdeer’s operations in Singapore. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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🪙 Chainlink Tops Real-World Crypto Assets With the Most Development Again Chainlink (LINK), the native token of the decentralized blockchain oracle network built on Ethereum, has emerged once more as the top real-world asset with the most development activity in the last 30 days. Real-world assets are cryptocurrencies that represent physical assets like properties and objects. Like other crypto assets, they run on smart contracts and blockchains and have been gaining popularity recently, with a market capitalization running into billions of dollars. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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🇯🇵 Japanese crypto exchange DMM 💰 Bitcoin outlines funding plan to cover over $300 million in hack losses DMM Bitcoin has outlined plans to cover losses from the theft of over $300 million in bitcoin from the Japanese crypto exchange last week. At the time of the attack, DMM Bitcoin said 4,502.9 BTC ($306 million) had been stolen in an “unauthorized outflow of funds.” It sought to reassure users, stating it would guarantee the full amount of their deposits by procuring an equivalent amount of bitcoin. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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📊 Bitcoin and ether options implied volatility forecasts lackluster market in June: analysts The current levels of implied volatility for bitcoin and ether options — a measure of expected future price movement — indicate that traders expect the market to be relatively calm over the coming weeks, analysts said. "Implied volatility rank is 40 and implied volatility percentile is 52, both mid-level indicators which show the market is not expecting a lot of activity," Luuk Strijers told The Block. Source 📊 @StockNews 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews
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