EUR/USD extends its decline to 1.079. The major currency pair weakens as political uncertainty in the Eurozone continues. French President Emmanuel Macron called for a snap election, and poor general election results in Belgium led its prime minister to resign 🇪🇺

ZKsync announced plans to launch "ZK Nation" - a "community driven by a shared purpose to govern, defend, and grow the ZKsync protocol". Airdrop is closer and closer 🪂

Berachain announced the launch of the Public Testnet bArtio B2 🐻

The Financial Services Commission of South Korea issued guidelines clarifying when nonfungible tokens can be treated as virtual assets

The English court ruled in COPA's favor that Craig Wright was not the creator of Bitcoin, now the Crypto Open Patent Alliance is demanding that Craig pay 85% of its legal costs ⚖️

🔹 Last 24 hours top 3 gainers:

Quant - $89.87 (↑5.95%)
Kaspa - $0.164 (↑4.66%)
Chiliz - $0.125 (↑3.79%)

#GM

Top 7 token unlocks for this week 🔓

The total value of altcoin supply unlocked this week will exceed $488.14 million, which is pretty significant 👇

• Aptos (APT) $92.88M
• Arbitrum (ARB) $90.01M
• Uniswap (UNI) $83.29M
• StarkNet (STRK) $72.40M
• Sei (SEI) $62.63M
• Immutable (IMX) $51.28M
• Internet Computer (ICP) $35.65M

#unlocks

Bitcoin now has a larger market cap than the world's top 3 banks combined 🐳

• Bitcoin market cap: $1.366 trillion

VS

• JPMorgan Chase: $574 billion
• Bank of America: $311 billion
• IC Bank of China: $268 billion

(Total: $1.153 trillion)

✅ Bulls tried again to push Bitcoin above the $70,000 price but the attempt to keep the price above this level was unsuccessful, it seems we are stuck in a boring range, again 🥱

Day summary:

🔸 Solana Foundation removed certain operators from the delegation program over malicious sandwich attacks

🔸 Fidelity has tokenized shares in a money market fund using JPMorgan’s Ethereum-based private blockchain network

🔸 ZKsync announced plans to launch "ZK Nation", airdrop day is coming closer and closer 👀

🔸 The Financial Services Commission of South Korea issued guidelines on when NFTs can be treated as virtual assets

🔸 Berachain announced the launch of the Public Testnet bArtio B2 🐻

🔸 Crypto Open Patent Alliance is demanding that Craig pay 85% of its legal costs in the court case against him

🔸 UK-based CEX Lykke announced a significant security breach that resulted in a $22 million loss

🔹 Prices:

🌐 Bitcoin - $69,546 (↓0.2%)
🔹 Ethereum - $3,668 (↓0.7%)
📉 S&P 500 - 5,360 (↑0.26%)
💲 DXY - 105.13 (↑0.24%)
🌕 Gold - 2,310 (↑0.74%)

Join our chat 🗯

Getting the priorities right 😄

It's a sad morning for the bulls, overnight the market fell decently, Bitcoin fell to $66.800 but is now back up and trading above $67k 🐻

ZKsynk airdrop eligibility checker is live. 17.5% of the ZK supply is allocated to the airdrop, only 695,232 wallets are eligible 🪂

Perhaps affected by recent rumors of security incidents, OKX has seen significant outflows. Defillama shows that OKX has seen an outflow of $204m in the past 24 hours and $633m in the past week 📉

"If Apple integrates OpenAI at the OS level, then Apple devices will be banned at my companies. That is an unacceptable security violation" - says Elon Musk 🤔

🔹 Last 24 hours top 3 gainers:

Injective - $28.6 (↑5.03%)
LEO Token - $5.86 (↑0.76%)
TRON - $0.117 (↑0.76%)

#GM

The world's largest bank calls Bitcoin "digital gold" and Ethereum "digital oil" 😳

In a recent report, the world's №1 bank ICBC praised crypto for its importance in an ever-changing financial landscape.

🥇 The bank compared Bitcoin to gold, highlighting its rapid growth in an increasingly digitized economy.

It also referred to Ethereum as "digital oil", pointing to the power of the ecosystem to power a variety of web3 applications ⚙️

The market constantly moves up and down, reflecting both optimism and pessimism among investors. However, the overall trend is upward 📈

Experienced investors understand that these short-term fluctuations are part of the market's natural rhythm, in crypto they can be really bloody.

🧠 But those who are hardened by previous cycles remain focused on the long-term trend, recognizing that progress often comes with temporary setbacks.

This is the essence of true market wisdom: seeing beyond the noise and trusting the upward journey. As they say: "When in doubt, zoom out" 🔍

#trading_tips

✅ The bears had a good day, they even managed to push Bitcoin below $67k for a while, but the market still bounced a bit off the bottom as everyone is waiting for FOMC tomorrow 〽️

Day summary:

🔸 Ripple announced it has finalized the Standard Custody & Trust company acquisition

🔸 Uniswap Labs has acquired "Crypto: The Game", the interactive, on-chain survival game 🦄

🔸 If Apple integrates OpenAI at the OS level, then Apple devices will be banned at Elon Musk's companies

🔸  President Biden's son Hunter Biden, was found guilty of all 3 charges in a federal gun case

🔸 The world's largest bank ICBC calls Bitcoin "digital gold" and Ethereum "digital oil"

🔸 ZKsynk airdrop eligibility checker is live 🪂

🔸 OKX has seen significant outflows. Defillama shows that OKX has seen an outflow of $204m in the past 24 hours

🔹 Prices:

🌐 Bitcoin - $67,293 (↓3.2%)
🔹 Ethereum - $3,493 (↓4.9%)
📉 S&P 500 - 5,375 (↑0.27%)
💲 DXY - 105.26 (↑0.11%)
🌕 Gold - 2,316 (↑0.25%)

That's usually how it goes 🤣

Bitcoin dominance is at a high level again, altcoin season index shows that we still have a long way to go until the Bitcoin season ends ⏳

The US has launched a forfeiture complaint against almost 200k USDT held on Binance in connection to pig-butchering scams that stole over $1 million ⚖️

On June 11, the total net outflow of US Bitcoin spot ETFs was $200 million, the second consecutive day of big outflows 📉

Donald Trump met with Bitcoin Magazine's CEO and several prominent US Bitcoin miners. The meeting saw Trump commit to championing Bitcoin mining both in Washington D.C. and on the global stage ⛏

🔹 Last 24 hours top 3 gainers:

Pepe - $0.0000138 (↑8.18%)
Bonk - $0.0000287 (↑6.77%)
Brett - $0.165 (↑4.42%)

#GM

Bitcoin is up almost 3% in less than 1 hour, volatility is huge right now! 📈

Back above $70k before the end of the day? 😳

In recent years, the number of first-time homebuyers in Canada has dramatically declined, while investors and repeat buyers have increased 🏚

Rising housing prices and stricter mortgage rules have made it harder for newcomers to enter the market, favoring those with more capital, and when Covid started everything became even worse.

This shift signals about decreasing accessibility of housing for average people and growing wealth inequality 🙁

✅ US YoY CPI turned out to be 3.3% (expected 3.4%) after this news, the crypto market rebounded slightly 👆

Day summary:

🔸 Terraform Labs agreed to pay $4.47 billion to resolve the SEC lawsuit over the firm’s 2022 collapse

🔸 Fed kept the interest rate at 5.25% - 5.5% 🦅

🔸 Because of new US sanctions Russia's Moscow Stock Exchange officially halts trading in US Dollars and Euros

🔸 The US has launched a forfeiture complaint against funds held on Binance in connection to scams that stole over $1 million

🔸 On June 11, the total net outflow of US Bitcoin spot ETFs was $200 million

🔸 Donald Trump met with Bitcoin Magazine's CEO and several prominent US Bitcoin miners ⛏

🔸 OKX exchange confirmed a few user accounts were drained via identity theft

🔹 Prices:

🌐 Bitcoin - $68,079 (↑1.2%)
🔹 Ethereum - $3,556 (↑2%)
📉 S&P 500 - 5,421 (↑0.85%)
💲 DXY - 104.70 (↓0.5%)
🌕 Gold - 2,324 (↑0.35%)

Any Notcoin, Blum, or Hamster Kombat enthusiasts here?  👇😅

Bitcoin mining stocks surged by double digits a day after US presidential candidate Donald Trump promised to boost mining operations in the country ⛏

Fed policymakers now believe that one rate cut this year may be more appropriate, which was interpreted by the market as a hawkish sign, sending crypto prices lower 📉

UwU Lend DeFi lending protocol was hacked again, this time $3.72 million in crypto was stolen 🚨

The Curvefi founder Michale Egorov was liquidated in his CRV position in lending protocols. Users massively move CRV to exchanges and dump it, token is down 21% 💀

🔹 Last 24 hours top 3 gainers:

Notcoin - $0.018 (↑8.71%)
Toncoin - $7.58 (↑6.58%)
Injective - $30.41 (↑6.73%)

#GM

Elon Musk will receive "compensation" of $55.8 billion in stock options based on the Tesla company hitting certain milestones 📈

Elon posted in his X profile that most shareholders are voting FOR the resolution to give him a pay-package.

This vote on Musk’s pay carries more symbolic weight than legal power because the company cannot predict with certainty how this would be treated under Delaware law ⚖️

The majority predicts that the Federal Reserve will cut interest rates by 0.25% to 500-525 bps in September with a 56.7% chance 📊

This can signal expectations of slowing economic growth or the need to stimulate the economy. Investors might anticipate lower borrowing costs, potentially boosting markets 👀

✅ Yesterday's bounce on the back of a good inflation report was completely wiped out today when market realized that the Fed is still hawkish 📉

Day summary:

🔸 SEC chair sees spot Ether ETF S-1 approvals sometime during this summer

🔸 Crypto-friendly FlowBank, has been forced into bankruptcy by FINMA 💀

🔸 The Curvefi founder was liquidated in his CRV position in lending protocols resulting in a big CRV price drop

🔸 Bitcoin mining stocks surged after Donald Trump promised to boost mining operations in the country

🔸 Fed policymakers now believe that one rate cut this year may be more appropriate 🗽

🔸 UwU Lend DeFi lending protocol was hacked again, $3.72m was stolen 

🔹 Prices:

🌐 Bitcoin - $66,913 (↓2.2%)
🔹 Ethereum - $3,479 (↓2.3%)
📉 S&P 500 - 5,433 (↑0.23%)
💲 DXY - 105.24 (↑0.57%)
🌕 Gold - 2,303 (↓0.02%)

A popular rapper has his new tattoos posted on his Instagram account. He literally tattooed "Solana" on his forehead and a small crypto wallet Phantom logo on his arm 🥴

Top signal? 😁