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๐Ÿ“Š Jito (#JTO) is close to overtaking Solana (#SOL) in fees
๐Ÿ—ฃ๐Ÿ‘€ #BNB Binance: Regarding airdrop hunters targeting Binance Megadrop, we have implemented certain risk controls to prevent such accounts from participating. These measures will also be strengthened in upcoming Megadrop seasons to reduce the likelihood of hacking.
๐Ÿ“ˆ #ETH just saw its largest spike in active addresses in three months, reaching a total of 617,170 active Ethereum addresses
๐Ÿณ 3rd wallet in #BTC network added 2250 coins
๐Ÿ˜ฑ #BTC Ali Martinez: Short-term holders are starting to feel the pressure as Bitcoin continues to trade below their realized price of $66,200
๐Ÿ†• Binance new listing coin performance in 2024
โ›๐Ÿ“‰ #BTC miners have sold over 30K BTC (~$2B) since June, the fastest pace in over a year. The recent halving has tightened margins, prompting this sell-off.
๐ŸŒŽ #BTC is the 13th largest currency in the world
๐Ÿ”“๐Ÿ“ Upcoming major releases next week:
#ALT 6.92% ($20.03M) - June 25
#GT 7.15% ($52.78M) - June 26
#YGG 4.48% ($10.94M) - June 27
#AXL 3.55% ($15.57M) - June 27
#AGIX 0.67% ($5.44M) - June 28
#PRIME 1.83% ($7.79M) - June 30
#OP 2.88% ($56.41M) - June 30
๐Ÿ“‰ #BTC balances on exchanges continue to decline steadily

US Bitcoin #ETF's began trading on January 10th. Since then, about 250,000 BTC have left exchanges.
๐Ÿดโ€โ˜ ๐Ÿ‘€ CoinStats warned users that wallets created on the platform may be vulnerable following a security incident in which a message was sent to users' mobile devices in which a hacker attempted to trick users into installing a program on iOS, likely giving the attackers access to the affected devices. theblock
๐Ÿ“Š Monthly token-based compensation for the biggest protocols

#BTC and #SOL creating their own sell pressure
๐Ÿ“Š HODL15Capital: ten largest companies owning #BTC:
BlackRock (IBIT): 305,614 BTC
Grayscale (GBTC): 277,067 BTC
MicroStrategy (MSTR): 226,331 BTC
๐Ÿฅท FinCEN, the Financial Crimes Enforcement Network of the U.S. Treasury Department, has issued advisories that Mexican cartels are increasingly purchasing fentanyl precursor chemicals from Chinese vendors using cryptocurrencies including #BTC, #ETH, #USDT, and #XMR.
๐Ÿ™‹โ€โ™‚ #EIGEN EigenLayer implemented additional security feature for its EigenDA data availability service on the Ethereum network to prevent Sybil and DDoS attacks
๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ•น Federal Accounting Standards Advisory Board (FASAB) clarified, what seized crypto assets should be considered โ€œnon-monetary propertyโ€, while central bank digital currencies (#CBDC) should be considered as monetary instruments: โ€œCryptocurrencies generally do not have all the characteristics of money and they are ineffective as a medium of account, a medium of exchange, or a store of value.โ€
๐Ÿ”ฎ #ETH #ETF Andrew Kang: I expect that in the first few weeks after launch flows in ETH-ETF will be lower than in BTC-ETF for two reasons:
- The approval came as a surprise and issuers have much less time to convince large holders to convert their ETH into ETFs;
- Conversion is less attractive to holders as they would have to give up returns from staking, farming, or using ETH as collateral in DeFi

Before the Ethereum ETF launches, I expect ETH to trade between $3,000 and $3,800, and after the ETF launches, I expect to trade between $2,400 and $3,000.
๐Ÿ“Š #BTC Analyst C.Q.: The SOPR (Spent Output Profit Ratio) for short-term holders (90-day simple moving average) falling below 1.0 could signal the end of a correction and the beginning of a new bullish trend.

More time is needed for this to occur
๐Ÿง๐Ÿ‘€ #NFT โ€œPudgy Penguinsโ€ and OverpassIP created the parent company Igloo. twitter
2024/06/28 10:49:40
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