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Bitcoin (BTC) has crashed back to a four-month range low of $60,000, currently trading at $61,500. As things develop, cryptocurrency analyst CrypNuevo projects BTC returning to the $67,000 price zone by the end of July. CrypNuevo shared this particular Analysis in his “Sunday Update” as a thread on X on June 30. Notably, the analyst foresees a volatile week ahead due to macroeconomic news, which he expects BTC price to respond to. Overall, he mentioned news related to the MiCa regulation in Europe and other economic data, mostly from the United States, like non-farm payroll, unemployment rate, and FOMC minutes. Picks for you Recession on the horizon? Financial crisis indicator enters an extreme zone 18 mins ago 2 cryptocurr...

The cryptocurrency industry is welcoming more spot Ethereum exchange-traded funds [ETF] into its ecosystem. More recently, VanEck filed Form-8A for its spot Ethereum ETF. Several analysts in the market have been expecting July 2 as the launch date for these funds. Along with this, VanEck was trying to stay ahead of the curve by completely waiving the ETF fees. According to a recent email from Matthew Nigel, the head of digital assets at VanEck, the firm won’t be charging a fee for its Ethereum ETF. The duration of this initiative is uncertain but will likely last until 2025. But the fund’s zero-cost structure will end if its assets hit $1.5 billion before this deadline. Following this, the fund will have a 0.20% fee. Eric Balchunas, Bloomberg’s ETF analyst, stated that issuers rarely disclose their fee structure so early on, before the launch period. VanEck, however, wasn’t the only firm to do this. Franklin Templeton previously noted that it would charge a 0.19...

The Saudi Arabian regime is intensifying its efforts to broaden its economic endeavors. Unfazed by the recent petrodollar lapse with the US, the Saudi Arabian regime has reported a trade balance surplus worth $11 billion availed via the nation’s non-oil exports. Also Read: 10 ASEAN Countries To Launch New Currency, Challenge US Dollar: CME Saudi Arabia Is Flourishing Source: iStock.com / azatvaleev Saudi Arabia’s decision to not renew the petrodollar agreement may prove detrimental to the US, but the Arabs seem to be unfazed by the idea. The recent data available from the General Authority of Statistics revealed staggering new details about how Saudi Arabia is flourishing by diversifying its economic frontiers. The data further revealed that the nation has acquired a trade balance surplus of $11 billion, the highest in seven months. The surge in trade balance surplus metrics has been driven primarily by the regime promoting its non-oil exports in efforts to rectify its econ...

Jump Crypto has fallen from grace. Despite its best efforts to distance itself from Sam Bankman-Fried following the spectacular collapse of FTX , Jump had unfortunate ties to his fraudulent empire that the CFTC might now be investigating. As Michael Lewis documented in his book Going Infinite, Jump was one the largest market-makers on FTX and lost at least $300 million during its collapse. The firm, along with FTX Founder Sam Bankman-Fried, supported Solana and in the most expensive private bail-out in crypto history, funded Solana‘s then-largest interblockchain asset bridge, Wormhole. Fortune reported on June 20 that the US Commodity Futures Trading Commission (CFTC) is investigating Jump, but didn’t provide details about the nature of its inquiries. On June 24, Bloomberg reported that Jump president Kanav Kariya stepped down. The CFTC hasn’t sued Jump nor commented on its investigation and it’s important to remember that the existence of an investigation isn...

The Super Trump price is down 19% in the past 24 hours to trade for $0.01295 as of 00:42 a.m. EST on trading volume that dipped 21%. STRUMP is among many PolitiFi tokens that are sliding after the presidential debate between Joe Biden and Donald Trump. The dump comes after the candidates failed to mention crypto in exchanges lasting about 90 minutes. 🌴 JUNGLE ALERT 🚨 PolitiFi memecoins plunge amid the 🇺🇸 Presidential Debate between Biden and Trump. 📉 1H Changes:$TRUMP -11.6%$MAGA -12.6%$BODEN -28.5%$TREMP -10.7%$STRUMP -6.7% — Jungle Tales 🌴 (@jungletales69) June 28, 2024 Super Trump Price Prediction The Super Trump price is trading with a bearish bias, with the Friday dump wiping out all the gains made in the past two days. As the bears steadily take over the STRUMP price looks poised for a retest of the bottom of the market range at $0.00990. Not only is the Super Trump price below the trendline (diagon...

XRP continues to remain in familiar territory, trading in the red zone as the token encounters further losses.  Notably, XRP is a subject of ongoing speculation, having failed to rally and instead consolidating below the $1 mark. Part of the token’s woes can be attributed to the ongoing Ripple and Securities Exchange Commission (SEC) case. Part of XRP’s downturn is attributed to the overall market sentiment that has impacted assets such as Bitcoin (BTC). The token needs a significant shift in its price action to avoid further declines, as bears remain in control.  Picks for you Tezos unveils Tezos X roadmap to revolutionize blockchain  8 mins ago Synternet Mainnet launches on Cosmos 12 min...

The Cardano network recently faced a distributed denial of service (DDoS) attack, a malicious attempt to disrupt its operations. However, the mechanisms and decentralized structure of Cardano effectively mitigated the attack, ensuring uninterrupted stability and operation.  This display of resilience has garnered praise from bullish investors and renewed confidence in the price appreciation prospects of Cardano’s native token, ADA . DDoS Attack Propels Bullish Sentiment Jaromir Tesar, an industry expert, highlighted that most services, including SundaeSwap, which processed many orders, continued to operate effectively during the attack.  The attacker incurred transaction fees, resulting in financial losses without causing significant disruption. According to Tesar, this incident demonstrates Cardano’s ability to w...

The German government has resumed liquidating its seized Bitcoin (BTC)  assets, sparking concerns about further price declines in the cryptocurrency market. Recently, a cryptocurrency wallet labeled “German Government (BKA)” transferred 400 BTC, worth about $25 million, to cryptocurrency exchanges Coinbase (NASDAQ: COIN) and  Kraken. Additionally, 500 BTC (over $30 million worth) was moved to an unknown address, a wallet labeled “139Po,” according to Arkham Intelligence . Notably, this isn’t the first interaction between the German government and the “139Po” wallet. Previous transactions include 800 BTC sent on June 20 and 500 BTC on June 19.  Picks for you Nobel Prize winning Economists warn inflation will ‘reignite’ under a Trump Presidency 4 mins ago ...

Football icon Ronaldinho Gaúcho recently advocated adopting digital assets, sparking debates among market participants. As cryptocurrencies gain mainstream adoption, the sports industry embraces this revolution through significant collaborations with crypto brands.  For instance, Tezos secured a partnership with the basketball franchise New York Mets. Meanwhile, TRON network and crypto exchange HTX have collaborated with Singaporean goalkeeper Hassan Sunny.  Realizing its potential, cryptocurrency investors search for market entry points, particularly new releases, listings, and presales . This article aids that search by outlining a list of promising tokens. New Cryptocurrency Releases, Listings, and Presales Today Kinetix is establishing a native DeFi Hub for the Kava community by integrating a comprehensive suite of DeFi protocols. Meanwhile, 99Bitcoins is garnering investor attention and has already amassed over $2.2 million in its ongoing presale.  In add...

Sealana, the new Solana meme coin that raised more than $5 million in its crypto ICO, plans to close its presale in just 24 hours. Once the presale is closed, the countdown to the $SEAL token’s first exchange listings will begin, with trading expected to begin around the end of the week. The $SEAL launch is widely anticipated to be one of the biggest meme coin events of the year, with the potential to deliver 10x returns or more within a few days of trading. Analysts, traders, and investors alike are scrambling to buy $SEAL before the presale ends. For the remaining 24 hours, traders can buy $SEAL through the Sealana presale site using $SOL, $ETH, $USDT, or $BNB. Token claiming will be enabled before listing, giving presale investors the chance to fully participate in the explosive launch and lock in gains. $SEAL ICO Price Fi...

Over the years, the crypto market has seen the emergence of fascinating narratives, the groundbreaking ones being DeFi and Meme coins. However, emerging trends in the industry include AI and Real World Asset tokenization (RWA).  More recently, investors have seen a rising confluence of narratives creating new waves of winning projects in the market. Moreover, the top-performing cryptocurrencies on the Base chain comprise assets with narratives spanning a range of crypto sectors. With the success of the Meme coin narrative, we now see many projects with Meme themes and utility.  Most Trending Cryptocurrency on Base Chain  The WienerAI project is a newcomer to the space. It sports a Sausage Doge mascot, which depicts its meme culture. The project also offers trading bot services to crypto traders. It recently launched the presale offering of its WAI token. Further details of the project and its presale are covered below.  1. Roost Coin (ROOST) Roost Coin (ROOST)...