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๐Ÿค” Galaxy Digital Analyst: The amount of #BTC distributed by Mt.Gox is expected to be less than the market expects, That's why There will be less selling pressure.
To receive โ€œearlyโ€ payment, lenders made a 10% discount. We think about 75% of applicants are for BTC (~95k coins). Of this amount, approximately 20 thousand BTC should be sent to claim funds and 10 thousand coins should be sent to Bitcoinica BK, and 65 thousand coins will remain with individual creditors. These 65 thousand BTC/BCH is much less than the 141,868 coins that are regularly published in the press.

At the same time, he believes that sales may affect #BCH due to the low liquidity of the token.
๐Ÿ“‰ #BTC CEO C.Q.: What's happening right now with Bitcoin prices is mostly related to a lack of demand growth or momentum from traders, whales, #ETF's, etc.
๐Ÿ—ฝ๐Ÿ‘€ The Biden administration is again hired his former cryptocurrency advisor Carol House (previously a crypto supporter) to the post of Special Advisor to the White House National Security Council.
๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‘€ 9 #BTC-#ETF today outflows of 2,117 BTC ($129.5 million):
- Fidelity has outflows of 700 BTC ($42.8 million) and currently holds 167,375 BTC ($10.24 billion);
- Grayscale has outflows of 829 BTC ($50.7 million) and currently holds 278,502 BTC ($17.04 billion).
๐Ÿฅณ #JUP Jupiter launched Jupiter Swap V3.
๐Ÿ’ฐ #AI Decentralized AI network Allora has raised $3 million ahead of its mainnet launch. theblock
๐Ÿ“Š Kaiko report:
โ–ช๏ธ #MNT Since October, Bybit's market share has grown from 8% to 16%, surpassing Coinbase to become the second largest exchange after Binance;
โ–ช๏ธ Binance's #BNB dominance continues to erode, falling from 60% to 54% since October;
โ–ช๏ธ The increase in volume on Bybit was mainly driven by both BTC and ETH;
โ–ช๏ธ In contrast, Binance has seen stronger growth in altcoin volume, while the share of volume generated by BTC and ETH has dropped from 59% to 43%;
โ–ช๏ธ Options traders are optimistic about the long-term prospects of #ETH;
โ–ช๏ธ #BTC liquidity continues to decline over the weekend;
โ–ช๏ธ Exchange token volumes have fallen fourfold since the 2021 bull run
๐Ÿ” Top 9 IDOs by ATH ROI over 6 months
๐Ÿ‘€ #POKT Network plans launch its own POKT token on all leading EVM networks using the new xERC20 standard.
๐Ÿ’ฐ The biggest Fundraising Rounds conducted in the last 7 Days

Projects that received the most funding are RenzoProtocol ($17M), an Ethereum restaking protocol, Particle ($15M), a Web3 data and development platform, and Sonic ($12M), a Solana Layer 2.
๐Ÿ’Ž๐Ÿ’ฐ #NOT airdrop is bigger than ZkSync and LayerZero combined

The Notcoin airdrop distributed tokens to 11.5 million people with no locks or vesting. At the all-time high price, this equates to approximately $250 per user, for a total of $2.7 billion.
๐Ÿ“Š #BTC Santiment: Since February 2023, the Bitcoin MVRV Ratio has dipped below -8.40% on four occasions, triggering BTC price jumps of 63%, 100%, 92%, and 28%.

Currently, with BTC priced under $60,000 and the MVRV Ratio at -8.96%, this might be an ideal time to buy the dip.
๐Ÿ“ Upcoming token sales on the most popular IDO launchpads
๐Ÿ“Š CEO C.Q.: Stablecoins have already been used as liquidity for buyers and will not be able to provide the next stage of growth without new inflows.
๐Ÿฅณ๐Ÿ‘€ #BTC Trump may head to Nashville to speak at Bitcoin 2024 conference: Axios theblock.com
๐Ÿ˜ฑ #FUD Santiment: We're observing one of the highest social volume and dominance spikes for the word "bottom" in the last year.

Study what happened historically when similar events took place
๐Ÿ‡ฎ๐Ÿ‡ท๐Ÿ‘€ Iranian officials consider blockchain game "Hamster Kombat" a tool of "soft power" cointelegraph.com
๐Ÿ“‰ #BTC CryptoQuant: This is the strongest selling pressure in 2 months
๐Ÿฅณ๐Ÿ‘€ #BTC Bitcoin will protect the wealth that artificial intelligence will create: Pompliano cointelegraph.com
๐Ÿฅณ๐Ÿ‘€ RWA platform Swarm Markets will offer tokenized gold via NFTs as MiCA stablecoin regulations come into effect theblock.com
2024/06/25 00:37:09
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