Tether has introduced a new type of digital asset called Alloy. The first token in the Alloy line was aUSDT, which is designed to track the value of one US dollar. aUSDT is backed by Tether Gold (XAUT), meaning it is backed by real physical gold stored in Switzerland. Users can create aUSDT tokens using XAUT as collateral. This can be useful for users who want to make payments in currencies without selling their gold. Our Social Networks : X.com Telegram Facebook Instagram Our Partner in advertise : Visit our New product where we discuss crypto world :
Binance announced that it will list ZKsync (ZK) and conduct a token distribution program. Starting at 8am UTC, the ZK token will be available for spot trading against BTC, USDT, FDUSD and Turkish Lira. Binance will also distribute 10.5 million ZK tokens to approximately 52,500 users. To be eligible for the airdrop, users must initiate at least 50 ZKsync Era transactions between February 2023 and March 2024. However, these transactions must be spread over at least seven different months. In addition, users should not have received ZK tokens through an official drop. The first distribution is scheduled for June 25th. Previously, the community has repeatedly called ZKsync a scam due to an unfair airdrop. Our Social Networks : X.com Telegram Facebook Instagram Our Partner in advertise : Visit our New product where we discuss crypto world :
Forbes: Binance and Changpeng Zhao control 71% of the circulating supply of BNB According to Forbes, former Binance CEO Changpeng Zhao owns 64% of the circulating supply of BNB. Binance itself controls 46 million tokens. The report also states that Zhao and Binance jointly own 71% of the 147 million BNB. Our Social Networks : X.com Telegram Facebook Instagram Our Partner in advertise : Visit our New product where we discuss crypto world :
According to Yahoo Japan, Japanese exchange DMM Bitcoin has successfully raised $354 million to compensate customers. Previously, the exchange suffered from a hack. Our Social Networks : X.com Telegram Facebook Instagram Our Partner in advertise : Visit our New product where we discuss crypto world :
Spot Bitcoin ETF from VanEc k will begin trading in Australia Australia's ASX stock exchange has approved a spot Bitcoin ETF. It will begin trading on June 20. The issuer of the product was VanEck. Typically, such financial instruments outside the US do not provide large infusions of money into BTC, but have a positive impact on the acceptance of Bitcoin as an asset class. Our Social Networks : X.com Telegram Facebook Instagram Our Partner in advertise : Visit our New product where we discuss crypto world :
▪️#BTC – $65 665 -1.5%. ▪️🔼 - #XRP , #LDO , #TRX , #CORE ▪️🔽 - #STRK , #NOT , #SAND , #INJ ▪️BTC #dominance - 55.42%. ▪️ #Altseason index 24 ▪️Greed of #investors 38 Our Social Networks : X.com Telegram Facebook Instagram Our Partner in advertise : Visit our New product where we discuss crypto world :
The average cost to mine #Bitcoin is currently $86,668. And guess what? Historically, $BTC always rises above its average mining cost! Our Social Networks : X.com Telegram Facebook Instagram Our Partner in advertise : Visit our New product where we discuss crypto world :
The Nayib Bukele administration's proposal to create private investment banks in El Salvador is gaining momentum. The Private Investment Bank will not be subject to restrictions associated with foreign banks and will be able to operate with any legal funds, including Bitcoin. Our Social Networks : X.com Telegram Facebook Instagram Our Partner in advertise : Visit our New product where we discuss crypto world :
Deutsche Telekom will start mining bitcoins Telecommunications company Deutsche Telekom announced that it will begin mining Bitcoin. Previously, the company became a validator for Polygon and FetchAI. Our Social Networks : X.com Telegram Facebook Instagram Our Partner in advertise : Visit our New product where we discuss crypto world :
Analyst: Whales are actively transferring tons ahead of a significant price jump In the cryptocurrency space, tracking whale movements is very important as major players often influence the direction of price movements. Luckily, chain data allows us to track these whales. A striking example is what happened with TON. From April to October 2022 and September to November 2023, the price of TON remained relatively low (between $1 and $2) and whale activity was significantly higher. During these periods, more than 40% of the TON tokens transferred on the network came from whales. Our Social Networks : X.com Telegram Facebook Instagram Our Partner in advertise : Visit our New product where we discuss crypto world :
The average entry price for traders into #Bitcoin is around $47K. In a bull market, the price of $BTC usually stays above traders' entry price. Even if the price fell 27%, it could still be considered a bull market. Our Social Networks : X.com Telegram Facebook Instagram Our Partner in advertise : Visit our New product where we discuss crypto world :
The crowd shows fear after Bitcoin fell to $65,000, its lowest market value since May 16. Spike in #selling or #takingprofit mentions are common after a dip, and a temporary rebound and buying opportunity could form if we see continued FUD and panic from smaller traders. Our Social Networks : X.com Telegram Facebook Instagram Our Partner in advertise : Visit our New product where we discuss crypto world :
