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Toncoin reached a new ATH of $8.14 and broke out of the triangle pattern ๐
According to technical analysis, this movement could be the beginning of a journey to $10.
#NFA
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The spring compression on Bitcoin has reached a peak, similar to what happened only once in its history, back in 2012 when the price was $5.
Yesterday, only BlackRock was buying BTC for its ETF, with a total purchase of just $18 million. Other funds were selling, resulting in a total outflow of $226 million.
Analyst Willy Woo found the reason for the prolonged consolidation of the crypto market: there will be no growth while BTC sees such a high level of open interest in futures.
The meme token BEER dropped by 80% a few days after its listing on Bybit. Rumor has it that the team/insiders controlled 50% of the token issuance and sold it off.
The top South Korean cryptocurrency exchange Upbit is adding trading for Ondo.
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Ethereum has returned to its local low at $3,500 2๏ธโฃ
The market is digesting new FUD from SEC Chairman Gary Gensler, who is reluctant to provide specifics on the launch of spot ETFs for Ethereum but promises to sign the necessary documents by the end of summer.
On the other hand, the head of the CFTC is more positive and confidently calls ETH a commodity.
We just have to wait until the end of summer when Gary signs the S-1 forms, and then the CFTC will take over $ETH.
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Tesla shareholders approved Elon Musk's $56 billion salary ๐ฒ
Before the vote, Elon spread rumors that he might leave the company if he doesn't get his well-earned pay ๐ธ
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The largest consolidation of BTC in the early bull market - 92 days. Traders believe that such accumulation equals a very large future growth ๐ฎ
Yesterday, Bitcoin ETFs delighted with an inflow of $100 million, bringing some positivity amid Powell's hawkish statements at the press conference. Jerome's logic is clear: after data on reduced inflation, he had to cool the overall excitement and talk about only one rate cut by the end of the year, and even that is uncertain ๐ซก
During the recent dip, whales bought 20,600 BTC and 240,000 ETH. Another argument in favor of the continuation of the bull market ๐ณ
The Biden team also plans to accept crypto donations ๐
Terraform Labs agreed to pay the SEC a $4.5 billion fine for the LUNA/UST scam. And they said they spent everything on stabilizing UST ๐
The UwU Lend protocol was hacked again for $3.7 million โ
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Donald Trump is stomping for miners, says all remaining $BTC should be mined in the US. At this rate, next time he will promise the post of vice president to Satoshi Nakamoto ๐
Bitcoin-ETFs lost another $200 million yesterday, with no funds buying, at best just not selling like BlackRock.
On June 11, 336k $ETH ($1.1 billion) was withdrawn from Coinbase. And who could have needed that much, whales packing their bags for ETFs? โจ
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Whale FUD sent BTC to $66k ๐
A whale , who bought 8,000 $BTC at $3,800 in 2018, has come out of a five-year hibernation and sent all the coins to Binance, their current valuation at now $529 million.
Longs have already been liquidated at $237m, but buyers are trying to hold this level because the next support is only at $63kโฌ๏ธ
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Altcoin season is approaching: crypto market capitalization excluding the top 10 coins repeats the accumulation before the hottest bull market period of 2021 ๐
For history to repeat itself, God Candle on BTC must be somewhere near .... ๐ธ
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Over the past month, 97,000 $BTC ($6.75 billion) and over 500,000 $ETH ($1.9 billion) have been withdrawn from crypto exchanges.
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Global spot BTC-ETFs already hold 5% of all BTC supply ๐ธ
After launch, in just 6 months, US spot BTC-ETFs have already vacuumed up over 880,000 BTC.
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