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🚀 XRP ETFs Set to Transform the Toronto Stock Exchange
📈 Two XRP exchange-traded funds (ETFs) are poised to debut on the Toronto Stock Exchange (TSX), marking a significant advancement for cryptocurrency in traditional finance. Evolve Funds Group Inc., a Canadian firm managing $7 billion in assets, has filed a final prospectus to launch the Evolve XRP ETF, expected to start trading on June 18 under the ticker symbols XRP (CAD Unhedged) and XRP.U (USD), pending TSX approval. 💬 The firm stated that XRP’s investment objective is to hold substantially all of its assets in physical XRP in order to provide a secure and convenient way for investors to hold the cryptocurrency in a brokerage account. Elliot Johnson, Chief Investment Officer at Evolve, emphasized the utility of XRP for fast, low-cost cross-border payments and decentralized exchange functionality. 📊 The fund's net asset value will be based on the CME CF XRP-Dollar Reference Rate and will not involve derivatives or foreign currency hedging. Canada's regulatory framework allows for easier listing and trading of ETFs compared to the U.S., where the SEC has been cautious with crypto ETF applications. This accessibility provides Canadian investors with a secure way to engage with digital assets like XRP. 🔗 The Evolve XRP ETF will passively hold XRP acquired through reputable platforms like Coinbase. Evolve noted that to achieve its investment objectives, the Evolve Fund will invest in long-term holdings of XRP, purchased through Coinbase and/or other reputable XRP trading platforms and OTC counterparties. 📅 On the same day, Purpose Investments Inc. announced its Purpose XRP ETF will also launch on June 18, 2025, under the ticker XRPP, offering CAD-hedged, CAD non-hedged, and USD units.
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🛢 JPMorgan Warns of Oil Market Volatility Amid Israel-Iran Tensions
⚠️ JPMorgan has issued a warning to investors about potential volatility in global oil markets due to escalating tensions between Israel and Iran. In a report published on June 13, the bank's Global Investment Strategy Group highlighted that recent conflicts have already led to a significant surge in Brent crude prices, which rose over 7% in New York trading. Israel’s strikes on Iranian nuclear and military infrastructure prompted a surge in oil prices, with Brent crude up over 7% by morning trading in New York—its steepest rise since March 2022. 🔄 Despite the current volatility, JPMorgan analysts remain optimistic about the overall economic landscape. They noted that the energy supply chain is better equipped to handle disruptions than in previous decades. Factors such as U.S. shale output flexibility and spare capacity within OPEC+ were mentioned as potential buffers against price shocks. If we do see a significant disruption, the energy supply chain appears to have more capacity to absorb the shock than in decades past. 🌍 However, the report cautioned that any threats to key regional chokepoints like the Strait of Hormuz, through which 20% of global oil flows pass, could lead to further price instability. Currently, oil prices are still 10% below their January highs, and both U.S. inflation and Treasury yields are decreasing, providing some leeway for markets. 💪 JPMorgan also reaffirmed its belief in the resilience of the U.S. economy, citing declining CPI and PPI readings along with positive developments in U.S.-China trade talks. Markets will continue to be tested, with uncertainty likely to carry through the summer and beyond. 📈 In conclusion, JPMorgan emphasized the importance of portfolio diversification in navigating these uncertain times. The report stated: Recent events underscore the importance of building resilience in portfolios through diversification, particularly with uncorrelated assets such as gold, infrastructure and hedge funds.
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🚀 Join the Lightchain AI Community Forum and Final Presale Stage
🌐 The final stage of the Lightchain AI presale is underway, and to enhance this phase, Lightchain AI has launched the Lightchain Community Forum. This platform is designed for blockchain and AI enthusiasts to collaborate, innovate, and connect. 🗣 The Lightchain Community Forum serves as a space for enthusiasts, investors, and developers to discuss decentralized AI, share insights, and connect with others. Key features of the forum include: - A Space for Collaboration: Engage in discussions about the Lightchain ecosystem and contribute to decentralized AI innovation. - Real-Time Updates: Stay informed about the main net launch, token performance, and other important milestones. - Support and Guidance: Get answers and resources from the community and official moderators. - Exclusive Discussions: Participate in conversations about audits, price predictions, and future projects. 📈 The launch of the Lightchain Community Forum is significant as it fosters a more inclusive and informed community. It provides a platform for valuable insights and networking among users, whether they are investors or tech enthusiasts. 💰 This launch coincides with the final presale stage, which includes a bonus round for participants. By joining now, you can secure discounted $LCAI tokens and gain exclusive benefits. 👉 To participate, visit the Community Forum at lightchain.community to sign up and explore ongoing discussions. Then, purchase discounted $LCAI tokens during the presale to invest in decentralized AI development. ⏳ Time is running out as the presale enters its final bonus stage. This is your last chance to join the Lightchain AI community at discounted rates and be an early adopter of innovative AI-blockchain technology. 🌟 Join the Lightchain Community Forum for insider access and contribute to cutting-edge discussions. Don't miss the opportunity to secure your $LCAI tokens and be part of a movement redefining the future.
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The bull market is here—and AI tokens are leading the charge.
As capital flows back into crypto, a new narrative is taking shape: onchain AI agents. Forget hype—this is real infrastructure. Two major ecosystems are defining the space: On Base, Virtuals Protocol is powering a new kind of commerce. Agents don’t just assist—they operate. Virtual storefronts, automated services, NFT-driven loops. It’s not just AI. It’s autonomous economies. On Solana, ElizaOS is building personal AI wallets—agents that act on your behalf, manage assets, and interact with dApps. Solana’s high throughput enables real-time agent execution. It’s fast, cheap, and user-native. One leans toward services. The other, self-sovereignty.But both are onchain. Both are growing fast. At CoinEx, you can trade the most promising AI assets leading this wave—VIRTUAL, ELIZA, FET and more. Low fees, deep liquidity, seamless experience. 🧠 Don’t just watch the AI agent era unfold. 📈 Trade it. 🔗 Only on CoinEx 👉 https://www.coinex.com/s/4HDD
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🇧🇴 USDT Adoption in Bolivia Amid Dollar Scarcity
🌍 Paolo Ardoino, CEO of Tether, recently shared images of items priced in USDT in Bolivia, highlighting a significant milestone for the dollar-pegged stablecoin. This development occurs amidst unrest in the country due to shortages of dollars and gas. 💱 Stablecoins are gaining traction in Latin America, particularly in countries facing dollar shortages and currency controls. Bolivia is experiencing a unique adoption phenomenon where USDT is being used as a unit of account. Ardoino stated on social media, In Bolivia, real prices in shops are displayed in USDT. A quietly revolutionary shift: digital dollars are powering daily life, commerce, and economic stability. 🛒 Retailers in Bolivia have begun pricing items in USDT, although customers can still pay in fiat or U.S. dollars using the central bank's reference exchange rate. This shift comes despite the Bolivian government's hostile measures against stablecoins, including a ban on using them as a dollar proxy for gas purchases. 📈 However, since the ban on using the financial system for crypto purchases was lifted last year, Bolivia has seen a surge in cryptocurrency activity. Tether has emphasized its focus on emerging markets where access to the U.S. dollar is limited. The company recently participated in an investment round for Orionx, a financial services provider offering stablecoin-based services, to strengthen its presence in Latin America. Additionally, Tether made a strategic investment in Shiga, a pan-African blockchain financial solutions provider, demonstrating its commitment to reaching dollar-starved economies.
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🤝 Polymarket Partners with Elon Musk’s xAI for Enhanced Data Sharing
🌐 Polymarket has announced a strategic partnership with Elon Musk’s xAI to facilitate data sharing between their platforms. This collaboration integrates Polymarket’s prediction marketplace with xAI’s Grok AI and X content. 📅 The partnership was revealed on June 6, 2025. It connects Polymarket’s prediction markets with xAI’s technology. Grok, xAI’s AI system, will analyze real-time posts from X to generate annotations on Polymarket’s prediction markets. In return, Polymarket data will inform Grok’s responses and contextualize relevant discussions on X. 🗣 Polymarket CEO Shayne Coplan announced the collaboration on X: “Proud to announce @Polymarket’s partnership with @X and @xai as their Official Prediction Market Partner. The two top truth-seeking apps on the internet are stronger together. Welcome to News 2.0. Stay tuned.” 📢 Polymarket’s official statement described the deal as transformative for information access: “The next information age won’t be driven by the 20th century’s media monoliths – it’ll be driven by markets. Our partnership with @X marks a new chapter for truth on the internet.” The company emphasized that this integration aims to deliver news “optimized for truth, rooted in transparency, and anchored in reality.” 🤝 xAI also confirmed the alliance: “We’re joining forces with Polymarket as our official prediction market partner.” The integration utilizes X’s real-time public conversation to contextualize prediction markets through Grok’s analysis. The partnership aims to enhance market intelligence with AI-processed social data and prediction markets.
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🛋 Experience Gaming Beyond the Spin: Introducing the Spinly Lounge
🌟 The Spinly Lounge offers a unique twist to the traditional iGaming experience, providing players with a space to relax and engage beyond just high-speed action. Inspired by classic choose-your-own-adventure games, the Lounge features a variety of curated experiences tailored to different moods and playstyles. 🎶 Players can enjoy original music tracks produced by Spinly, designed to enhance the gaming atmosphere. The Lounge also offers a selection of HTML5 games for quick and fun play, as well as a Watch TV section showcasing curated video content from platforms like YouTube. 🤝 A key aspect of the Lounge is its community connection. Players can join discussions on Spinly’s Discord server to share experiences and tips. Additionally, the Lounge provides expert insights and lifestyle tips focused on well-being, helping players stay informed and relaxed. 🔄 The Lounge is designed to evolve with its users, continually adding new features and content for enhanced entertainment and community engagement. It serves as a flexible space that complements players' gaming lifestyles without interrupting gameplay. 👉 Step into the Spinly Lounge today at spinly to discover a new layer of your gaming adventure.
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🚀 Bull market energy is rising — but who will truly onboard the next wave of real users?
While most chains chase DeFi hype, Sophon is taking a different route: fusing entertainment, AI, and modular ZK tech to make blockchain invisible — and irresistible. Built on zkSync’s ZK Stack, Sophon has already processed 60M+ transactions, sold 120K+ node licenses, and partnered with major players across gaming, ticketing, AI, and sports. 📈 As the bull run heats up, could this be Web3’s next breakout ecosystem? 🔍 Know more on CoinEx: https://www.coinex.com/s/4HQX
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🚨 Just-In: BlackRock Breaks Acccumulation Streak, Moves $429M In Bitcoin To Coinbase Prime 🚀
👉 Read more
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🚨 Binance Aids in Dismantling Kidflix Pedophile Platform
🔍 Binance played a crucial role in the dismantling of the global pedophile platform Kidflix in March, providing German authorities with essential analysis and operational intelligence to trace the platform's cryptocurrency payment infrastructure. This incident challenges the common perception that cryptocurrency transactions are anonymous. “This case underscores how cryptocurrency can become a powerful tool not only for innovation but also for justice," said a Binance spokesperson. They emphasized the importance of blockchain analysis in assisting law enforcement, highlighting that digital asset companies can be valuable partners in combating crypto-related crime. 🚓 The operation, dubbed Operation Stream, led to the seizure of 91,000 CSAM videos and over 3,000 electronic devices by law enforcement agents, resulting in the rescue of 39 child victims. Binance's support was instrumental in identifying and linking over 120 Kidflix users to illicit transactions recorded on the blockchain. 📅 This case serves as a reminder of the potential for cryptocurrency to be used for both innovative purposes and the pursuit of justice. Binance remains committed to collaborating with law enforcement agencies worldwide to ensure that “bad actors have nowhere to hide.”
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🌐 Metamask Integrates Solana: A Unified Wallet Experience
🚀 Metamask has officially integrated Solana into its browser extension, enabling users to manage SOL and SPL tokens alongside Ethereum-based assets within a single interface. This marks Metamask's first support for a non-EVM chain, with mobile integration expected soon. 🛠 With this integration, Metamask users can now send, receive, swap, bridge, and purchase SOL and SPL tokens directly within the wallet. This eliminates the need for separate wallets and allows for seamless management of both Ethereum and Solana assets. Users can create or import Solana accounts, with Metamask automatically detecting token balances. The wallet’s security features, including transaction simulations and malicious dapp detection, now extend to the Solana ecosystem. 📱 Mobile support for Solana on Metamask is anticipated in the coming weeks, further enhancing the wallet’s multi-chain functionality. Metamask’s move to support non-EVM chains like Solana reflects its commitment to simplifying the user experience in the decentralized web. 🔗 By unifying Ethereum and Solana management, Metamask offers a more streamlined approach to navigating the crypto landscape, catering to users seeking efficiency and security across multiple blockchain networks.
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📈 Bitcoin's Resilience Amid Market Volatility
📉 Bitcoin concluded the week with a 5% increase, despite experiencing market fluctuations triggered by U.S. President Donald Trump’s tariff threats against the European Union (EU). The cryptocurrency started the week trading just below $103,000 and briefly rose to around $112,000, marking a nearly 9% gain. However, a surprise post from Trump on Truth Social led to a sell-off, causing Bitcoin to drop to $107,217 before recovering to over $108,000 later. 🔮 Despite this temporary setback, Bitcoin advocates like Real Vision founder Raoul Pal remain optimistic about its future. In a recent video, Pal pointed out that global money supply metrics indicate that Bitcoin could peak at over $140,000 by July, representing an almost 30% increase in less than six weeks. 📊 Other cryptocurrencies also showed positive performance. WLD token experienced a significant surge, rising nearly 50% to $1.60 before settling at $1.45. This spike followed the announcement of a $135 million purchase of WLD tokens by venture capitalists Andreessen Horowitz and Bain Capital Crypto, aimed at supporting the expansion of Sam Altman’s World Assets into the U.S. 🚀 Among the top 20 digital assets by market capitalization, Hyperliquid’s HYPE emerged as the top gainer of the week. After starting the week around $27, HYPE initiated a mini rally on May 21 and peaked just below $37 within 48 hours. This rally was reportedly linked to a surge in crypto deposits in Hyperliquid’s newly launched blockchain. 📉 In contrast, SUI was the biggest loser among the top 20 digital assets, dropping 3.7% to $3.65. BCH and DOGE also performed well, with gains of 8.4% and 5.7% respectively over the past week.
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📈 Bitcoin Reaches All-Time High Amid Market Turmoil
🚀 Bitcoin (BTC) has achieved a record price of $109,767.52, surpassing its previous high from January, despite a sluggish traditional market affected by concerns over sovereign debt. This milestone was reached on Wednesday morning, amidst rising bond yields and a fluctuating stock market. 💰 The U.S. is currently facing unprecedented levels of debt, with President Donald Trump’s proposed tax cuts potentially adding $3.8 trillion to the national debt nearing $37 trillion. This situation has led to an increase in bond yields, particularly the 30-year treasury yield which has exceeded 5%. While the Nasdaq saw a slight gain of 0.19%, the S&P 500 and Dow experienced declines of 0.30% and 0.86% respectively, according to CNBC. “If you’re not buying bitcoin at the all-time high, you’re leaving money on the table,” said Michael Saylor, Chairman of Strategy, a software firm turned bitcoin treasury pioneer. 📊 Following its surge, bitcoin's trading activity increased by 34.67%, with a 24-hour volume rising to $66.92 billion. Its market dominance also improved to 64.15%, up 0.13 percentage points since the previous day. Additionally, open interest in BTC futures rose by 11.18% to $79.84 billion, indicating that derivatives traders are anticipating further price movements. 📉 However, the past 24 hours have been challenging for bearish traders, with total liquidations amounting to $15.01 million, predominantly from short positions which were wiped out by $14.23 million. Long positions saw minimal liquidations of just $785,920, underscoring the risks for those betting against bitcoin during this historic rally.
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With the bull market heating up, Sui is one to watch.
🚀 Explosive Growth: Market cap nears $15B; TVL passes $2B, thanks to scalability and low fees. 🧩 DeFi Momentum: - Standout protocols include Suilend ($665M TVL), Navi ($500M), and Cetus ($200M). - Native stablecoins (USDC, AUSD, etc.) enhance liquidity and capital efficiency. 🌍 Real-World Asset (RWA) Tokenization: - Collaborations with Ant Digital and Franklin Templeton drive TradFi integration. - Cboe and 21Shares explore SUI ETF products. - ₿ BitcoinFi Potential: - Supports BTC-based assets like LBTC and sBTC (10%+ of TVL). - Up to 54% APR for Bitcoin yield strategies on Sui. 💳 Real-World Integration: - Sui Mastercard launching via xPortal. - Focused on real-world usability, not just on-chain metrics. Know more on CoinEx: https://www.coinex.com/s/4HLW
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🚀 Lightchain AI: Pioneering the Integration of Blockchain and Artificial Intelligence
🌐 Lightchain AI, a groundbreaking blockchain initiative that incorporates artificial intelligence, has announced its mainnet launch set for July 2025. This launch will unveil a decentralized AI marketplace, allowing creators and businesses to utilize the Lightchain Protocol’s Global Model, referred to as the Artificial Intelligence Virtual Machine (AIVM). 🔑 Central to Lightchain AI’s infrastructure are two innovative components: 1. Proof of Intelligence (PoI): This unique consensus mechanism rewards nodes for conducting valuable AI computations, such as model training and inference tasks. This not only secures the network but also directly contributes to AI development. 2. Artificial Intelligence Virtual Machine (AIVM): A dedicated computational layer that executes AI-specific tasks within the blockchain ecosystem. The AIVM allows developers to deploy models from well-known AI frameworks like TensorFlow and PyTorch, enabling the creation of decentralized, real-time AI applications. 🌱 In preparation for the mainnet launch, Lightchain AI has launched several initiatives to promote ecosystem growth: - A $150,000 developer grant program has been established to support builders, researchers, and emerging projects within the Lightchain ecosystem. This program encourages the development of tools, explorers, data oracles, and dApps that utilize the AIVM. - Strategic partnerships with decentralized finance (DeFi) protocols are being formed to implement yield strategies, data-backed derivatives, and decentralized compute markets on Lightchain upon mainnet launch. - A dedicated developer portal will be launched alongside the mainnet, providing access to documentation, software development kits (SDKs), and grant application channels to attract core contributors from the AI and blockchain communities. 💰 The native token of the Lightchain AI ecosystem, LCAI, is currently in its presale phase. This token serves various functions within the platform, including payments for AI tasks, staking for governance participation, and transaction settlements. The presale offers early adopters the chance to purchase tokens before the public launch, with benefits such as discounted prices and exclusive perks. 🔮 With the mainnet launch approaching in July 2025, Lightchain AI is set to make significant advancements in merging AI and blockchain technologies. The introduction of a decentralized AI marketplace aims to democratize access to AI resources, empowering creators and companies to develop and deploy AI-driven applications in a transparent and scalable environment.
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💰 GD Culture Group's $300 Million Crypto Treasury Strategy
🚀 GD Culture Group Limited (Nasdaq: GDC) has announced a significant $300 million common stock purchase agreement with an accredited investor. This deal marks a strategic shift for the company as it aims to acquire bitcoin and the official Trump coin (TRUMP) for its corporate treasury, signaling a move towards decentralized finance (DeFi). 💡 The company's leadership views this decision as a vote of confidence in the DeFi movement, positioning GDC at the intersection of AI innovation and digital currencies. Mr. Xiaojian Wang, Chairman and CEO of GD Culture Group stated, GDC’s adoption of crypto assets as treasury reserve holdings is a deliberate strategy that reflects both current industry trends and our unique strengths in digital technologies. He emphasized that this forward-looking strategy aims to strengthen the company's financial foundation and drive long-term value creation for shareholders. 🔍 While the exact ratio of bitcoin to Trump coin purchases remains undisclosed, the inclusion of the Trump coin highlights GDC's willingness to explore emerging and speculative segments of the crypto market. As institutional interest in crypto treasury strategies grows, GDC's $300 million commitment positions it alongside other publicly traded companies aligning with the evolving digital economy.
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🌎 XRP ETF: A Gateway for Ripple in Latin America
🚀 The recent approval of the XRP ETF marks a significant milestone for Ripple's expansion in Latin America, particularly in Brazil. This development positions Brazil as a crucial entry point for XRP to gain traction as a major asset in the region's cryptocurrency landscape. 💼 The introduction of one of the first XRP exchange-traded funds (ETFs) on the Brazilian stock exchange B3 provides local institutions with the opportunity to invest in XRP without the need for direct ownership. This alleviates custody concerns for companies looking to enter the market. 📈 This shift is expected to boost Ripple's visibility in Latin America, as institutional demand for XRP adds to the existing retail interest. Data from Bitso, a leading exchange in the region, indicates that 9% of all purchases in 2024 involved XRP, surpassing major cryptocurrencies like ETH and SOL. 🌐 Historically, Ripple has identified Latin America as a promising market for payments and remittances. However, it has been cautious about promoting its token as a reserve cryptocurrency due to ongoing challenges with the U.S. Securities and Exchange Commission (SEC). 🗣 In October, Ripple CEO Brad Garlinghouse acknowledged Brazil's progressive stance on crypto regulation, describing it as one of the fastest-growing markets in the adoption of crypto assets and blockchain. He also noted that the Central Bank of Brazil has been very constructive in relation to regulation , creating a favorable environment for cryptocurrency companies. 📊 With the launch of the XRP ETF, Ripple can now shift its focus from retail to institutional investors. This dual functionality of XRP as both an investment instrument and a remittance facilitator is likely to attract more institutions to incorporate XRP into their portfolios.
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🆓 Lightchain AI: Decentralizing Artificial Intelligence
🌐 Lightchain AI is set to revolutionize the AI landscape with its upcoming launch of the AI Virtual Machine (AIVM) and Proof-of-Intelligence (PoI) protocol. This initiative aims to decentralize AI access, removing barriers imposed by corporations and closed APIs. 🔧 The AIVM is not just an enhanced version of Ethereum; it is designed for decentralized inference. It allows every node to host models without needing permission. No API keys, No KYC, No rate limits, means users can interact with the system freely. 🔄 The process is straightforward: users broadcast prompts and cryptocurrency, nodes run local AI models, and outputs are signed and returned. This creates a trust model based on economics and cryptography, eliminating the need for intermediaries. 🧪 Proof-of-Intelligence (PoI) adds another layer by validating each response. It ensures that every prompt is paid for and that a reputation system develops over time based on performance metrics. Upcoming features like zkPoI will further enhance privacy and integrity. 🚀 The roadmap for Lightchain AI includes advanced capabilities like zkML proof of inference and on-chain AI model registries. These developments aim to push the boundaries of uncensorable intelligence. 💰 Lightchain AI is inviting builders to participate in this decentralized movement. With over $150,000 in funds available for those who set up inference nodes or develop prompt clients, the opportunity to contribute to this protocol-driven future is open to all.
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Market Update: Crypto Resurgence in April 2025
- Bitcoin bounced back big time, breaking $90K thanks to a U.S. tariff pause & renewed market optimism. Now $BTC has skyrocketed to over $100k! - Innovations in Bitcoin staking and high-speed blockchains like Monad added depth to the ecosystem. - Stablecoin inflows remained strong, though growth slowed, hinting at potential consolidation before the next major move. Looking ahead, May will be crucial. Watch for regulatory shifts, economic data, and key technological developments to guide the market's direction. CoinEx: Your Crypto Trading Expert Stay tuned for more updates 👉 https://www.coinex.com/s/4HJJ
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📈 Bitcoin Dominance Reaches Four-Year High Amidst Altcoin Struggles
📊 Bitcoin (BTC) has achieved a dominance level of over 65% in the cryptocurrency market, the highest since January 2021, while its price remains steady around $94,000. This surge in dominance comes as altcoins, particularly ether (ETH), face significant declines. BTC dominance might be nearing its peak, and once it reaches the upper zone, we could start seeing altcoins gain more strength as dominance falls, said analyst Ijaz Awan. 📉 Ether has dropped approximately 43% year-over-year, with its price ratio against Bitcoin hitting a five-year low. This indicates that when Bitcoin outperforms Ether, the amount of BTC needed to purchase one ETH decreases. 🔍 Despite Bitcoin's high dominance being generally favorable, some analysts warn that if it exceeds a certain threshold, altcoins may become undervalued. This could lead to a market shift where traders start acquiring these undervalued cryptocurrencies, potentially triggering a bull market for altcoins and reducing Bitcoin's dominance. 📈 In the past 24 hours, Bitcoin saw a modest gain of 0.30%, bringing its price to $94,562.34. Trading activity has shown increased interest, with a 14.55% rise in 24-hour volume to $22.62 billion. Bitcoin's market capitalization also increased by 0.32% to $1.87 trillion, highlighting its continued outperformance compared to altcoins. 📉 However, on the derivatives side, Bitcoin futures open interest fell by 1.05% to $62.62 billion, indicating a pullback in leveraged trading. Recent data shows total liquidations reached $545,400 over the past 24 hours, primarily from long positions.
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