Coin Switch Crypto Pridiction | News

💰 WBTC lost it's peg currently traading at $23.9k while #bitcoin is trading above $30k. WBTC is fluctuating rapidly. https://coinmarketcap.com/currencies/wrapped-bitcoin/

💰 Bitcoin just closed at statistically bullish levels. They are: 🔥Highest Weekly Close in 2023 🔥Highest Weekly Close in 58 Weeks 🔥Highest Monthly Close in 2023 🔥Highest Monthly Close in 13 months 🔥Highest Quarterly Close in 2023 🔥3rd Highest 6-Monthly Close in History

📊 Over the last 2 weeks: 1. Binance and Coinbase sued by SEC 2. USD deposits suspended at Binance after lawsuit 3. Fed stops raising interest rates for first time in 1.5 years 4. France accuses Binance of money laundering 5. Blackrock files for Bitcoin ETF 6. Citadel, Fidelity and Charles Schwab launch new crypto exchange 7. WisdomTree and Invesco file to launch Bitcoin ETF 8. Bitcoin hits 2 month high of $30,000 Just after the SEC announced lawsuits against Coinbase and Binance, 10+ large US firms entered the space.

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⚫️ BNB Chain is preparing a big announcement for June 19.

🇺🇸🔵 SEC now promises to respond to Coinbase petition for U.S. crypto regulation rules within 4 months.

🇰🇪 Kenya's President calls for African nations to ditch the US dollar for trade settlements. Kenyan President William Ruto recently urged his counterparts on the African continent to kickstart the process of ditching the U.S. dollar and replacing it with a pan-African settlement system. Ruto said the Pan-African Payments and Settlement System (PAPSS) allows business people to focus on moving goods and services.

🚨BlackRock And Big US Banks Buying Up Crypto at Record Levels 🚓 All of this is happening while Binance and others are being attacked by the SEC. 💰These banks are buying into MicroStrategy stock, while MicroStrategy is one of the largest holders of Bitcoin. 💸 BlackRock and Bank of America both hold large stakes in MicroStrategy. 📈 Standard Chartered Bank has predicted BTC will hit $100k in 2024. 🏦 So while banks play down the credibility of Bitcoin, and snub it as a fake economy, they are actually buying it in large amounts.

🪙 Tether has minted 1 billion USDT tokens on the Ethereum blockchain.

🟠 Binance US and the SEC agreed to work on a deal that avoids a total asset freezing.

🪙 Tether has minted 1 billion USDT tokens on the Ethereum blockchain.

🟠 Binance US and the SEC agreed to work on a deal that avoids a total asset freezing.

✍️This is a HUGE week for crypto: Tuesday: • US CPI Data • Hinman Docs Become Public • SEC's Coinbase Rulemaking Response • Binance US Hearing Wednesday: • US PPI Data • FOMC Meeting Thursday: • US Jobless Claims • US Retail Sales Data 📊Volatility incoming

💰 Solana Foundation responds to SEC’s claims SOL as a security.

💲Robinhood delisting $ADA, $MATIC and $SOL could put significant sell pressure on these tokens. RH holds ~$1.3b in alts and approx $583m of this may be held in ADA, MATIC & SOL. Users who still hold might be forced to sell on June 27. 😳

🇺🇸 The SEC has requested the court to freeze the assets of Binance US. Withdraw your funds from Binance US Exchange!

🚨 BREAKING: Elon Musk faces lawsuit over Dogecoin price manipulation.

📊 PPI & Jobless Claims Data

🗓️ Important Economic Event Today: U.S Producer Price Index (PPI) & Jobless Claims Report 🕰️ Time: Within 11 hours 00 mins

💰 ETH foundation has a 71% win rate with their ETH sales. ETH had big price drops after 5 of their 7 sales and on 2 occasions it continued to chad up. They usually sell after big price increases. This one is a smallest price increase yet. Vertical lines on a chart are #ETH sales.