16 million ONDO tokens have been deposited on Bybit, KuCoin, and Gate.io
Hot projects + Market overview
Crypto moves fast, but we'll bring you up to speed with its top current insights:
— WOO X (@_WOO_X) June 27, 2024
▫️ $BTC price analysis ahead of $ETH's ETF approval
▫️ Trending altcoins highlights
▫️ Other world news
Hear all about it in today's news flash. pic.twitter.com/b1CQPIlEYD
I. Mainstream exchange news
- Binance has announced strict measures to crack down on account abuse.
- Coinbase has said it will not assist users in migrating Ocean Protocol (OCEAN) and Fetch.ai (FET) tokens during the merger of the tokens but will still support the trading of both assets.
- Coinbase will list the Blast (BLAST) token.
- Due to the EU's MiCA regulations, Binance has suspended copy trading for European users, while Bitstamp said it would delist Tether's Euro stablecoin.
- Robinhood Crypto has launched zkSync (ZK) for European users.
II. Mainstream projects and trending events
- Marathon Digital has begun Kaspa mining, with about $15 million worth of KAS tokens already mined.
- South Korean crypto investment company Hashed has expanded to Abu Dhabi.
- 16 million ONDO tokens were transferred from Coinbase custody to VCs including Teneo, and Arringtonas, on Bybit, KuCoin, and Gate.io.
- According to insiders, the US SEC could approve the Ethereum spot ETF on July 4th.
- Jupiter has launched a PPP Meme token experiment, possibly with new airdrops.
- Sui has expanded its custodial business with Copper to enhance its attractiveness to institutional finance.
- Kaiko reports that Bybit has become the second-largest crypto exchange after Binance.
III. Funding news
- AI-driven blockchain project Ora has raised $20 million from a funding round participated in by Polychain.
- Redacted, a Web3 gaming platform, has raised $10 million from a funding round led by Spartan Group.
- Covalent Network has raised $5 million for its expansion plan in the Asia-Pacific market.
- Crypto trading platform Crossover Markets has raised $12 million from a Series A round led by Illuminate Financial and DRW Venture Capital.
IV. Regulatory news
- Nigerian regulators have required crypto companies to register within 30 days or risk law enforcement action.
V. Popular projects
Market Overview
BTC has undergone a weak adjustment and needs to surpass the $64,000 and $66,000 levels before establishing a separate trend rather than reacting to temporary market factors or noise. Delay in this breakout may increase the likelihood of BTC falling below previous lows.
BTC could continue oscillating between $61,000 and $62,000. The approval of the ETH ETF could be a catalyst for BTC's future movement.
BTC Spot ETF Updates - June 26
Overall Data:
Total Net Inflow: $144.4 billion
Daily Net Inflow: $21.52 million
Single-Day Turnover: over $11.1 billion
Proportion of BTC’s Market Value: 4.4%
Breakdown by ETF:
GBTC:
Net Asset Value: $16.82 billion (0%)
Single-Day Net Outflow: $0
Cumulative Net Outflow: $18 billion
Single-Day Turnover: $131 million
FBTC:
Net Asset Value: $10.21 billion (+0.018%)
Single-Day Net Inflow: $19 million
Cumulative Net Inflow: $9 billion
Single-Day Turnover: $187 million
ARKB:
Net Asset Value: $2.75 billion (-0.018%)
Single-Day Net Outflow: $5 million
Cumulative Net Inflow: $20 billion
Single-Day Turnover: $663.8 million
RAD is up 21% in a day
Radicle (RAD) is a sovereign peer-to-peer network for code collaboration built on Git.
The RAD token has surged 21% in a day, but whether this growth can be sustained remains to be seen. RAD’s 24-hour trading volume has nearly approached its token valuation of $125 million.
ACX is up 19% in a day
Across Protocol (ACX) is a cross-chain bridge built on UMA's Optimistic oracle. It leverages Optimism oracles, relayers, and liquidity pools for fast decentralized transactions, across networks. ACX upgraded to V3 in February to enhance its interoperability and efficiency. In May, ACX introduced ERC-7683 with Uniswap for industry standards. In June, it introduced a modular system solution.
In the last 24 hours, the ACX token price went up 19%, hitting a market cap of $124 million, and ranked 351st by market cap size, overall indicating growth potential.
On-chain Daily
- HAWKTUAH: HAWKTUAH is a memecoin on the Ethereum chain inspired by a famous YouTuber's street interview where a female respondent humorously coined the catchphrase "HAWK TUAH"
Current Status: Now community-controlled (CTO)
Current Price: $0.00143
Historical High: $0.00479
24-Hour Change: +134%
Current Market Value: $1.4M
- APE: APE is a memecoin on the Ethereum chain featuring an ape in Pepe art style.
Current Price: $0.0000736
Historical High: $0.0004126
24-Hour Change: +24%
Current Market Value: $7.3M
- SC: SC is a memecoin on the Solana chain, launched by Dexscreener's Moonshot platform. It features a cat landing on the moon and is the first memecoin purchasable via X (formerly Twitter).
Current Price: $0.00312
Historical High: $0.00625
24-Hour Change: +153%
Current Market Value: $2.5M
- GIGA: GIGA is a memecoin on the Solana chain featuring a group of "Chad" males symbolizing successful individuals.
Current Price: $0.00385
Historical High: $0.00677
24-Hour Change: +40%
Current Market Value: $37M
- Crash: Crash is a memecoin on the Base chain aiming to be the king memecoin of the Base. It originated from a YouTube channel with 105K followers, Crash Trading, although the project's affiliation with the channel is unconfirmed.
Current Price: $0.0364
Historical High: $0.0413
24-Hour Change: +106%
Current Market Value: $35.1M
- NORMUS: NORMUS is a mem coin on the Base chain that will launch a Launchpad feature, allowing $NORMUS token holders to receive 30% of the Launchpad's revenue.
Current Price: $0.00382
Historical High: $0.00846
24-Hour Change: +19%
Current Market Value: $3.8M
Daily Rune Observation
Gas Fee Change:
The current BTC transaction fee is 8 bytes/satoshi, reflecting a continuous low due to Bitcoin's sluggish performance.
Today's Popular Projects
WADDLE•WADDLE•PENGU:
Minting: Completed
Market value: $9.6M
24-hour trading volume: $44,000 (+24%)
Holding addresses: 2,568
PEPE•RUNES•BTC•COIN:
Minting: Completed
Market value: $511K
24-hour trading volume: $10,900 (+22%)
Holding addresses: 416
GOB•IS•GOB•IS•GOB:
Minting: Completed
Market value: $11.3M
24-hour trading volume: $18,000 (+63%)
Holding addresses: 42,997
Top Runes Projects Tracking
DOG•GO•TO•THE•MOON: Rune #3, also known as the airdrop Rune of Runestone.
Current price: 9.56 Sats
24-hour change: -7.9%
Current Market Value: 9,559 BTC
BAMK•OF•NAKAMOTO•DOLLAR: A synthetic dollar protocol built on Bitcoin L1.
Current price: 14.44 Sats
24-hour change: -2%
Current Market Value: 3,032 BTC
RSIC•GENESIS•RUNE: Rune #8, established by the prominent inscription mining project RSIC.
Current price: 9.46 Sats
24-hour change: -1.4%
Current Market Value: 1,983 BTC
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