Manny

Airdrop Portal Phase II coming

Germany’s BTC sales cause price drop; when stops?

Solana’s on a discount!

Got some BIG news coming next week! Let’s just say it’s the kind of announcement that will make you ROFL and HODL. Stay tuned!

Crypto highlights: 🌚 Metaplanet's stock surged 10% after acquiring an additional 23.351 BTC, raising its total to over 141 BTC. 🌚 Fidelity International tokenizes a money market fund using JPMorgan's Onyx Digital Assets blockchain, boosting efficiency and cutting costs. 🌚 Ripple partners with the National Bank of Georgia to digitize the local economy and advance the digital lari CBDC project. 🌚 Fireblocks teams up with Coinbase International, enhancing MPC security and governance to reduce operational risks for clients. 🌚 ZKsync will distribute 3.675B ZK tokens to 695,232 wallets next week, rewarding early adopters and contributors. 🌚 UwU Lend suffers a $20M hack, with funds stolen via Tornado Cash, impacting assets like WBTC and DAI. 🌚 The SEC reviews ProShares' spot Ether ETF proposal, inviting public comments for 21 days before a 45-day decision period. 🌚 ZkSync introduces community governance, ZK Nation, featuring Token Assembly, Security Council, and Guardians. 🌚 Solana-based Squads raises $10M in a Series A round led by Electric Capital and launches its retail iOS wallet app, Fuse, on TestFlight. 🌚 Uniswap Labs acquires "Crypto: The Game," with CTG co-founders joining to work on future seasons.

Ethereum options volatility has decreased significantly from its peak above 150 in late 2022. After stabilizing around 50-60 in mid-2023, the current volatility is at 64 as of June 11, 2024, indicating moderate market activity.

Bitcoin's open interest in futures and perpetual contracts reached over $200B in January and again in March 2024, with a notable dip in February. As of June 2024, it stands close to $200B.

Bitcoin options volatility is currently at 52.31 as of June 11, 2024. This shows a moderate level of market uncertainty.

Crypto Fear & Greed Index indicates greed, reflecting heightened investor confidence.

Bitcoin dominance has fluctuated since 2014, with other cryptocurrencies like ETH, USDT, BNB, and SOL gaining ground.

S&P 500's wild ride: Dec 13 - Fed steady, Jan 31 - less dovish, Mar 20 - hints at cuts, May 1 - no more hikes. CPI changes drove big moves!

The total crypto market cap is facing significant selling pressure as an inverse candle forms. Is this a sign of a major correction ahead?

Advenica secured a 58.8 MSEK order from a Swedish authority for its high-security crypto products. These solutions meet the highest EU standards for classified communication and will be delivered in late 2024 and early 2025. CEO Marie Bengtsson emphasizes the importance of robust cybersecurity for protecting sensitive information. Sources: Reuters

Saudi Arabia joins the BIS and China-led Project mBridge, a central bank digital currency trial, marking a significant move towards non-dollar oil trade. This project, involving central banks from China, Hong Kong, Thailand, and UAE, aims to enhance cross-border transactions using CBDCs. The platform is now compatible with the Ethereum Virtual Machine, facilitating broader technological integration. The U.S. remains cautious, with a House bill banning the Federal Reserve from creating a digital dollar still pending Senate approval. Sources: Reuters

JUST IN: 🇹🇭 Thailand approves their first spot #Bitcoin  ETF

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Countries as cryptos? Why not! 😂 🇺🇸 USA: Bitcoin - Dominates the market but loves regulations 🇨🇦 Canada: Ethereum - Innovates but loves to follow the US 🇯🇵 Japan: Ripple - Smooth transactions but always in legal trouble 🇰🇷 South Korea: Chainlink - Connects everything but often gets hacked 🇸🇬 Singapore: Binance Coin - Small but punches above its weight 🇲🇹 Malta: Tether - Stable and reliable, though small in size 🇨🇭 Switzerland: Cardano - Slow and steady, promises a lot 🇩🇪 Germany: Polkadot - Focused on connecting different networks 🇦🇪 UAE: Solana - Flashy, high-speed, but sometimes unstable 🇦🇺 Australia: Dogecoin - Started as a joke, but people love it

🚨🇺🇸 BREAKING: Palantir wins $480M Pentagon contract for AI-assisted intelligence system! The 'Maven Smart System' will enhance military intel with AI algorithms, improving data analysis and connectivity. A major step for CJADC2! Sources: Reuters, DefenseScoop

XRP trying to go up is like my New Year's resolutions: lots of effort, but still not quite there! 😅