We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports The euphoric momentum of the Bitcoin bull market is waning across all metrics, according to blockchain analysts. Reflexivity Research co-founder Will Clemente noted on Tuesday that…
Month: June 2024
Traders unbothered by Bitcoin’s sub-$65K levels, say BTC price remains ‘high and steady’
Bitcoin price requires high demand-side pressure to push the BTC out of an extended correction. Source: https://cointelegraph.com/news/traders-bitcoin-recovery-despite-drop-below-65k
Ethena Tokenomics Change Sparks Community Outrage
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Ethena Labs has announced an overhaul to its tokenomics, which now requires airdrop recipients to lock up at least half of their ENA tokens. This unexpected…
Hashdex files with SEC for combined spot Bitcoin and Ether ETF
If approved, the crypto ETF would be the first of its kind, but probably not the last. Source: https://cointelegraph.com/news/hashdex-bitcoin-ether-etf-sec-filing
Bank of America Predicts Bullish Trend for Silver, Prices to Hit $35/oz by 2026
Bank of America (BOFA) forecasts a bullish trend for silver, anticipating an increase in prices through the latter half of 2024 into 2025. BOFA analysts project silver prices to average $35/oz by 2026, compared to the current spot price of $29.19/oz. This optimistic outlook is driven by expectations of an end to central bank interest […] Source: https://news.bitcoin.com/bank-of-america-predicts-bullish-trend-for-silver-prices-to-hit-35-oz-by-2026/
FOMO HOUR 140 – MARKETS DOWN BAD
BTC touches 1-month lows, dominance hits 56%. $500m of liquidations in fall, $146m ETF outflows. VanEck to launch first ETF in Australia. Coinbase to launch pre-market trading. 56% of Fortune 500 building in web3. Uphold to delist USDT in EU due to MiCA. TON flips DOGE in sell-off. Base DEX users now 2nd place after SOL. Ethena launches staking &…
Why are top Bitcoin traders bullish despite BTC price dip to $64.3K?
Bitcoin whales and miners remain cautiously optimistic, strengthening the bullish case for $64,300 support. Source: https://cointelegraph.com/news/why-are-top-bitcoin-traders-bullish-despite-dip-to-64300
Transak Lists Paypal’s PYUSD for Easier Crypto Access
According to an announcement, the Web3 and crypto firm Transak listed Paypal’s stablecoin, paypal usd (PYUSD), on its platform. This integration allows users to purchase PYUSD using various local payment methods, aiming to simplify the transition to cryptocurrencies. PYUSD Listed on Transak, Aiming to Ease Defi Transition Transak, a Web3 payments infrastructure provider, has added […] Source: https://news.bitcoin.com/transak-lists-paypals-pyusd-for-easier-crypto-access/
Dydx Chain Launches New Software Version, Adds Slinky Oracle for Real-Time Price Updates
The decentralized finance (defi) protocol, Dydx, has officially launched version 5.0.0 of its blockchain software, introducing innovative trading features aimed at enhancing market dynamics and user control. This update, approved by the Dydx community, includes the implementation of isolated markets and margins, designed to refine risk management and collateral usage. Dydx Chain Launches Upgrade According […] Source: https://news.bitcoin.com/dydx-chain-launches-new-software-version-adds-slinky-oracle-for-real-time-price-updates/
Holy Tokens? The Vatican Library Is Giving Donors Soulbound NFTs
The Vatican Library is tapping NFTs to fortify its online following online, bringing new meaning to the term “soulbound token” for users in Italy. The library established in the 15th century announced Monday that NFTs will be doled out to supporters of its manuscript collection through an agreement with NTT DATA Italia, a multinational information technology services provider, according to…