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NullTX
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Ethereum Sees Massive Whale Accumulation and ETF Inflows Amid Record-Breaking Staking Activity
- Ethereum is witnessing a phase of massive whale accumulation, institutional ETF inflows, and record-breaking staking activity, indicating a potential surge in price over time.
- Significant buying behavior is evident in Ethereum whale wallets, with institutions and long-term holders actively accumulating ETH, reminiscent of the behavior seen during the 2017 bull run.
- ETF inflows into Ethereum have surged, with spot ETFs in the US attracting considerable institutional demand and contributing to supply constraints that could drive prices higher.
- Whales are aggressively accumulating ETH, with large wallets adding substantial amounts daily, leading to a 7-year high in accumulation and potential bullish sentiment.
- The concentration of ETH among whale wallets, exceeding 14.3 million ETH, suggests a long-term positioning strategy and heightened confidence in Ethereum's future growth.
- Ethereum staking has hit a new all-time high, with over 35 million ETH locked, while accumulation addresses holding 22.8 million ETH indicate strong conviction and reduced market supply.
- These metrics reveal a shrinking supply of liquid Ethereum, driven by staking, ETF holdings, and long-term holders, amidst increasing demand from various investor classes.
- Ethereum's role in decentralized finance is solidifying, with potential for another major cycle supported by institutions, staking security, and committed long-term holders.
- The article does not provide trading or investment advice but emphasizes the importance of conducting research before engaging in cryptocurrency activities.
- The developments in Ethereum reflect a shift towards a new phase of consolidation, investor confidence, and institutional interest, setting the stage for potential price increases.
- Ethereum's ecosystem is evolving with increasing institutional attention, staking adoption, and a growing base of committed holders, indicating a positive outlook for the future.
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NullTX
4w
4
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Bitcoin Climbs Near All-Time High as Whale Wallets Return and Profit-Taking Dynamics Shift
- Bitcoin reached a peak of $108,947, nearing its record high of $112,000 from last month.
- Interest in whale and shark wallets is increasing, with 622 new wallets holding 10+ BTC added in recent weeks.
- Market anticipation grows as players adjust strategies, potentially leading to a significant Bitcoin price move.
- Recent on-chain data indicates a shift in profit-taking behavior towards mid-cycle holders, impacting market dynamics.
- BlackRock's iShares Bitcoin Trust ETF now holds 3.18% of total BTC supply, controlling 1 in every 31 Bitcoins.
- Institutional ownership of Bitcoin is rising, with firms like BlackRock amassing significant BTC holdings.
- Bitcoin market poised for a major shift, driven by price momentum, whale reaccumulation, and evolving profit-taking patterns.
- The landscape indicates potential upside for Bitcoin, with influences from ETFs and institutional investments shaping the market.
- Regardless of price direction, market dynamics are transforming with notable players like BlackRock making historic moves.
- The market is undergoing significant shifts as Bitcoin's price momentum and institutional involvement continue to evolve.
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Coindoo
4w
155
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China to Launch e-CNY International Hub in Shanghai, Eyes Global Reach
- The People’s Bank of China announced the launch of an international hub for the e-CNY in Shanghai to boost the digital yuan's global influence.
- The decision was part of a set of eight financial policy measures unveiled at the Lujiazui Forum, aiming to strengthen the yuan's international presence.
- The e-CNY project started in 2019 and is seen as an advanced central bank digital currency initiative, although user adoption, especially for cross-border usage, has been sluggish.
- Pan Gongsheng highlighted the impact of blockchain technology on global payment systems and emphasized the role of stablecoins and CBDCs in reshaping cross-border settlements.
- The new center in Shanghai will serve as a focal point for international collaboration, aligning policies, and integrating technology for the digital yuan.
- China's initiative comes amidst increasing competition from other national digital currencies and global stablecoins, showcasing its determination to lead in the evolving financial landscape.
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Coindoo
4w
106
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Is This The Last Cheap Entry Before The Bull Run? FloppyPepe At $0.00000035 Could Power The Next Multi-Billion Dollar Breakout
- FloppyPepe (FPPE), priced at $0.00000035, is presenting a significant opportunity ahead of a potential multi-billion-dollar breakout amidst the impending bull run.
- The meme coin’s presale success, raising over $2.4 million, has generated optimism for substantial returns.
- Investor sentiment is rising, with the current entry window considered a last chance for a low-cost entry before a significant price increase.
- FloppyPepe offers a discounted rate of $0.00000035 with an 80% bonus, enhancing the potential for substantial returns.
- The project's deflationary tokenomics, with burn, redistribution, and charity allocation, adds to its attractiveness.
- FloppyPepe's infrastructure includes engagement features like the FloppyX AI-Agent and Meme-o-Matic machine, setting the stage for scalability.
- Plans for listings on major platforms, giveaways, airdrops, and partnerships aim to boost visibility and market presence.
- The current presale phase with an 80% bonus may represent the final opportunity for a cheap entry before a valuation shift.
- Supply mechanics are designed to incentivize holders and reduce volatility, supporting a potential multi-billion-dollar breakout.
- The upcoming presale phase will increase the price, indicating this could be the last chance for a discounted entry.
- Readers are advised to conduct their own research before engaging in any cryptocurrency-related actions.
- The publication is sponsored, and Coindoo does not assume responsibility for the content or materials.
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Coindoo
4w
274
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Bitcoin’s Price Compression Signals Imminent Breakout Range
- Bitcoin's price is currently consolidating within a tight range of $100K to $110K, displaying a pattern of higher lows and lower highs, indicating compression.
- Despite external uncertainties, Bitcoin has maintained its structural integrity within the range, with each pullback being met with stronger support.
- The battle for Bitcoin's price action is concentrated within the $100,000–$110,000 range, forming a symmetrical triangle pattern.
- Swissblock suggests that Bitcoin is absorbing stress and forming another higher low, hinting at an imminent breakout.
- On-chain and trading volume data support the compression narrative, with high liquidity in the $100K–$110K range, signaling a potential launchpad for a directional move.
- While a breakout direction is uncertain, reduced volatility in the short term indicates an upcoming significant price move.
- Analysts caution that Bitcoin's technical setup is nearing its apex, with momentum favoring the bulls as long as higher lows are maintained above $100K.
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Coindoo
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336
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U.S. Treasury Secretary Bessent Says Stablecoins Could Lower U.S. Debt Costs
- U.S. Treasury Secretary Bessent believes stablecoins could lower U.S. debt costs by leveraging a forecasted $3.7 trillion stablecoin market by 2030.
- The GENIUS Act, supported by a bipartisan coalition, aims to establish clear standards for reserves, audits, and licensing to accelerate stablecoin growth.
- Bessent highlighted the mutual benefits for stablecoin issuers, consumers, and the U.S. Treasury by requiring payment stablecoins to be backed by short-term U.S. Treasury securities.
- The act could boost demand for government bonds as the stablecoin market grows, improving financing conditions for federal debt.
- The GENIUS Act is expected to enhance operational certainty for stablecoin issuers, provide consumer protections, and encourage broader institutional adoption.
- By directing more capital into short-dated Treasuries, the law could stabilize funding markets and ease pressure on the federal balance sheet.
- The U.S. Treasury is prepared to support the transition if Congress swiftly moves the bill forward for approval.
- The GENIUS Act signifies a major step toward integrating blockchain finance into traditional monetary infrastructure, potentially reshaping crypto markets and U.S. fiscal policy.
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Zycrypto
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BTCC Exchange Announces Launch of First-Ever User Badge Program in Celebration of 14 Years Anniversary
- BTCC cryptocurrency exchange celebrates its 14th anniversary with the launch of a new user badge program.
- The program, running from June 16 to July 1, 2025, introduces the exclusive '14 Years of Momentum' badge.
- This badge honors community loyalty as BTCC enters its 15th year in the crypto space, highlighting its commitment to security and reliability.
- Users can earn the anniversary badge by meeting specific criteria like depositing $200 worth of tokens and achieving VIP 2 status.
- Badge holders will receive trading rewards of $140 and ongoing exclusive benefits such as airdrops and special campaigns.
- The campaign includes social tasks across various platforms like Twitter, Instagram, and Discord for community engagement.
- The badge program is the first step in recognizing and rewarding community members and creating lasting value for them.
- BTCC plans to introduce more badge programs where users can collect badges for rewards in the future.
- To enhance physical engagement, BTCC launches an offline campaign with branded taxis in Berlin and Poznań with QR codes for participation.
- The '14 Years of Momentum' badge marks BTCC's evolution towards improved community engagement and a redefined trading experience.
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Coindoo
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394
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VanEck’s Spot Solana ETF Listed by DTCC, Approval May Be Imminent
- VanEck’s Spot Solana ETF, known as VSOL, has been listed by DTCC, indicating backend preparations for potential regulatory approval from the SEC.
- VSOL remains unredeemable at this stage, a common status for ETFs awaiting SEC clearance.
- Bloomberg analysts predict SEC approval for a spot Solana ETF within the next few months, given the agency's recent green lights for spot Bitcoin ETFs.
- Earlier Solana-based ETFs, like SOLZ and SOLT, were also listed by DTCC, with a 'redeemable' status, hinting at progress in launching Solana investment products.
- DTCC's involvement in Solana ETF listings reflects the increasing institutional interest in blockchain assets, with the organization exploring stablecoin launches and tokenized collateral platforms.
- The listing of VSOL on DTCC signifies Solana's growing acceptance not only within the developer and DeFi communities but also among institutional investors.
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Financemagnates
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Thailand Joins Countries That Exempt Crypto Capital Gains Tax, but Only for 5 Years
- Thailand will exempt capital gains taxes on cryptocurrency sales through licensed providers for the next five years.
- The exemption will be in place from January 1, 2025, to December 31, 2029.
- Several countries like the Cayman Islands, Singapore, and Germany also offer crypto tax incentives.
- Vietnam recently passed legislation to regulate cryptocurrencies set to take effect next year.
- Thailand's move aims to position itself as a global financial hub with proper crypto taxation laws.
- The tax exemption encourages residents to trade on regulated exchanges instead of offshore platforms.
- Thailand cracked down on unlicensed offshore exchanges, blocking five global platforms.
- KuCoin and Tether are expanding their operations in Thailand with local licenses and new offerings.
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Coindoo
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186
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Galaxy Partners With Liquid Collective to Expand Institutional Liquid Staking
- The collaboration between Galaxy and Liquid Collective aims to expand institutional liquid staking, following a recent SEC statement clarifying staking's regulatory status.
- Galaxy will offer OTC infrastructure and liquidity for Liquid Collective’s staking token, LsETH, enabling Ethereum holders to stake while maintaining liquidity.
- The partnership plans to extend support to Solana (SOL) liquid staking, providing institutional clients with diversified blockchain exposure.
- Liquid staking addresses the challenge of earning staking rewards without asset lock-up, meeting the needs of institutions seeking more flexible staking options.
- The collaboration highlights the maturation of staking infrastructure and the convergence of traditional finance with decentralized ecosystems.
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Coinjournal
4w
319
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XRP price holds above $2 as SEC delays Franklin Templeton XRP ETF
- XRP price drops below $2.30 as SEC delays Franklin Templeton’s spot XRP ETF decision.
- Geopolitical tensions, including the Israel-Iran conflict, lead to a broader crypto market dip.
- XRP's price prediction depends on support at $2.00 and resistance at $2.50.
- Ripple’s XRP token fell close to $2.00 amidst a market downturn fueled by geopolitical tensions.
- Geopolitical tensions, especially the Israel-Iran conflict, caused a decline in risk assets like Bitcoin and XRP.
- US President Donald Trump's remarks on a peace deal added to market uncertainty and dampened sentiment.
- XRP faced increased pressure as the SEC delayed the decision on Franklin Templeton’s spot XRP ETF.
- XRP's price decline followed the SEC's extension of the review of the ETF, dropping below $2.20.
- XRP experienced a 6% loss, reaching lows of $2.13.
- Despite market volatility, XRP maintained above the crucial $2.00 level.
- The market's reaction is uncertain due to geopolitical risks and the Fed's interest rate decision.
- Most expected the SEC to delay the XRP ETF decision, potentially seeking eventual approval.
- XRP struggles to hold above $2.30, impacting buyer confidence.
- XRP currently trades around $2.20, with key support at $2.00 and resistance at $2.50.
- Technical indicators show mixed signals, with potential for oversold conditions and a slight uptick.
- Price prediction suggests a breakout above $2.30 could target $2.50 and potentially $3 ahead of SEC decision.
- A breakdown below $2.00 may test bullish sentiment and focus on the $1.75 support area.
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Coindoo
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224
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99% of 2024 Stablecoin Activity Deemed Legitimate
- 99% of stablecoin activity in 2024 has been deemed legitimate, countering long-standing narratives linking digital assets with illicit financial activity.
- Stablecoins currently make up over 60% of all cryptocurrency transaction volume, indicating their increasing adoption across financial sectors.
- TRM highlights traceability and issuer-level control mechanisms of stablecoins, like the ability to freeze or burn tokens, as factors contributing to their credibility.
- The transparency of stablecoins on public blockchains is emphasized by TRM, particularly in conjunction with advanced blockchain analytics.
- Research firm Artimas supports TRM's findings, noting that business-to-business stablecoin transfers have become the largest and fastest-growing segment of the market, overtaking traditional peer-to-peer payments.
- This shift signifies increasing corporate trust in the efficiency and compliance capabilities of stablecoin technology.
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Coindoo
4w
26
Image Credit: Coindoo
Avalanche Transaction Volume Hits 1 Million as Network Activity Surges
- The 7-day moving average of on-chain transactions on Avalanche has surpassed 1 million, a significant increase from 296,000 at the start of May.
- Avalanche witnessed a surge in network activity during May, with daily transaction averages more than doubling to nearly 700,000 by mid-month.
- From May 31 to mid-June, the 7-day moving average spiked from 400,000 to 1 million, marking the highest point in over a year.
- This surge in activity also impacted transaction fees, with the average fees doubling from 0.0035 AVAX to 0.0072 AVAX in the same period.
- Active addresses peaked in May with a record 3.6 million, surpassing the previous high of 3.09 million in December 2021.
- However, daily active addresses have subsided to around 68,000 after the peak.
- The increased network activity on Avalanche indicates a rise in user engagement, with record-breaking active addresses and transaction volumes.
- The sustained momentum of Avalanche in the second quarter will likely hinge on continued user adoption and the network's ability to convert the current spike into lasting growth.
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Coindoo
4w
385
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Kraken-Backed Ink L2 to Launch INK Token With Unique Non-Governance Model
- Ink L2, backed by Kraken, is preparing to launch the INK token with a unique non-governance model, potentially rivaling Coinbase's Base network.
- INK token will have a fixed supply of 1 billion tokens, ensuring permanence and immunity to governance changes, focusing on utility rather than governance influence.
- The token aims to drive real usage and incentives, emphasizing functionality over market speculation.
- INK will incentivize liquidity and promote application usage, differing from other Layer-2 networks tied to governance or staking dynamics.
- Coinbase's Base L2, which operates without a native token, contrasts with INK's approach, emphasizing utility-driven tokenomics and ecosystem alignment.
- Ink's model could attract users seeking utility-driven participation, free from governance distractions.
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Coindoo
4w
310
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Ethereum Startup Unveils dSheets, Disrupting Spreadsheet Status Quo
- Fileverse has unveiled dSheets, a new tool accessed by typing dsheets.new, aiming to disrupt the traditional spreadsheet market dominated by Google and Microsoft.
- dSheets provides real-time collaboration and control over documents without relying on centralized cloud services, operating on Ethereum-backed infrastructure.
- The tool is designed to reinvent productivity in a decentralized world by offering a secure, transparent, and censorship-resistant environment for managing data.
- Fileverse's approach involves creating internet-native tools that integrate directly with the decentralized web.
- This move is seen as a significant step towards breaking the long-standing dominance of Google and Microsoft in the spreadsheet sector.
- Spreadsheets are highlighted as a crucial part of global data and financial management, with dSheets aiming to spark innovation where it has previously been lacking.
- The tool supports live editing and advanced data entry functionalities.
- In coordination with Ethereum's capabilities, Fileverse aims to deliver a new standard of usability and functionality for users.
- dSheets represents more than a simple replacement for Google Sheets, offering a suite of internet-native tools within a decentralized framework.
- The unveiling of dSheets suggests a shift towards a more decentralized approach to productivity tools and data management.
- The initiative indicates a move towards creating a more open and secure environment for handling data and workflows.
- Fileverse's vision with dSheets is to leverage Ethereum to provide a disruptive solution to the current spreadsheet market.
- This development presents an alternative solution to the conventional spreadsheet offerings by introducing features tailored for a decentralized ecosystem.
- Overall, dSheets aims to offer users enhanced control over their data and documents within a decentralized, collaborative, and Ethereum-driven environment.
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