137999
Get the latest updates from Guy straight to your Telegram 📲 Includes: - Guy's trades 📈 - Portfolio updates ⚖️ - announcement of video's in the pipeline and coin's on our watchlist 👀 - guy.eth
🔥 Rally Report 🔥
KASPA
The price of KAS has rallied by 8% in the past 24 hours.
WHY?!
🔍 Bitcoin Miner Marathon Digital revealed that it has been actively mining Kaspa (KAS) in addition to BTC since September 2023. The miner stated that the move was part of its strategy to diversify its mining income.
⚡️ Marathon Digital stated that it has mined a total of 93 million KAS tokens worth approximately $15 million.
If you want to buy or trade KAS, we have an exclusive $60K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
📹 https://www.youtube.com/watch?v=YZV9mji7UQo
🚨 New Video Alert!! 🚨
There are millions of cryptocurrencies out there. Finding which ones have the most potential is hard at first glance, but upon closer inspection, the most promising cryptos are often hidden in plain sight.
In today’s video we take a close look at 3 cryptos that we believe are underrated relative to their peers. These picks might surprise you, and if they do, that’s good – that means we’re on to something!
As a cherry on top, we provide a guide on how to spot underrated cryptos at the end of the video. Trust us when we say that this is one that you’re going to want to watch until the very end!
🔥 Rally Report 🔥
NOTCOIN
The price of NOT has rallied by 9% in the past 24 hours.
WHY?!
☄️ The rally comes after The Block published an article about Notcoin detailing its plans for the future and other developments.
🎙 Notcoin also announced an exclusive AMA session with CoinTelegraph scheduled for 3 pm UTC tomorrow.
If you want to buy or trade NOT, we have an exclusive $60K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
📹 https://www.youtube.com/watch?v=YZV9mji7UQo
🔔 MARKET MOVING NEWS! (21/06/24)
1️⃣ Solana ETF Proposal Aims to Be First in North America ▶️
Canadian asset manager 3iQ has reportedly filed a preliminary prospectus to list a Solana exchange-traded fund (ETF) in Toronto. The Solana ETF will be called The Solana Fund (QSOL). Notably, if approved, it would be North America's first publicly traded Solana ETF. 3iQ says the fund will be offered on the Toronto Stock Exchange “in relation to an initial public offering.”
3iQ was also one of the first fund managers to launch publicly traded Bitcoin and Ether funds in Toronto. QSOL will offer exposure to the price movements of Solana (SOL) as well as staking yield generated by the network, which the firm estimates to be around 6-8%.
Source
2️⃣ Gemini Launches Campaign Finance Initiative For Pro-Crypto Candidates ⚡️
Crypto exchange Gemini recently announced its campaign finance project to facilitate campaign contributions to pro-crypto candidates in the United States ahead of the Presidential election this November. Notably, the announcement followed $2 million in campaign contributions yesterday from founders Cameron and Tyler Winklevoss to former President Trump's re-election campaign.
Source
3️⃣ Standard Chartered Plans Spot Crypto Trading Desk for Bitcoin, Ether ☄️
According to a Bloomberg report, Standard Chartered Bank is establishing a London-based spot trading desk for buying and selling bitcoin and ether. The new crypto desk is reportedly close to starting operations and will be part of the bank’s FX trading unit. If true, this would make Standard Chartered one of the first global banks to enter spot cryptocurrency trading.
In an emailed statement sent to Bloomberg, the bank stated,
We have been working closely with our regulators to support demand from our institutional clients to trade Bitcoin and Ethereum, in line with our strategy to support clients across the wider digital asset ecosystem, from access and custody to tokenisation and interoperability.
🚨 New Video Alert!! 🚨
Well, well, well. If it isn’t celebrities coming crawling back to crypto. First they shilled us ICO scams. Then it was ugly NFTs and FTX ads.
And this cycle, celebrities have started launching memecoins left and right. Now it seems like every day some has-been drops a new contact address on social media.
It’s a strange timeline we are living in. But the truth is, memecoins continue to print massive gains for some people.
This begs the question: are celebrity tokens the new WIF?
Or do we all need to go touch grass until this memecoin bubble finally bursts?
Today, we have all the answers.
🔥 Rally Report 🔥
FETCH.AI
The price of FET has rallied by 29% in the past 24 hours.
WHY?!
📈 Part of a larger rally seen among AI tokens.
▶️ Notably, chip manufacturer NVIDIA overtook Microsoft and Apple this week to become the most valued company in the world with a $3.33 trillion market cap.
🔍 Additionally, investors may be bullish about Fetch.ai’s upcoming token merger with SingularityNet and Ocean protocol.
If you want to buy or trade FET, we have an exclusive $60K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
📹 https://www.youtube.com/watch?v=YZV9mji7UQo
🔥 Rally Report 🔥
LIDO DAO
The price of LDO has rallied by 14% in the past 24 hours.
WHY?!
📈 Part of a larger rally seen among Ethereum-related altcoins.
▶️ Notably, the rally comes after Consensys announced that the Enforcement division of the SEC was closing its investigation into Ethereum 2.0.
If you want to buy or trade LDO, we have an exclusive $60K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
📹 https://www.youtube.com/watch?v=YZV9mji7UQo
🚨 New Video Alert!! 🚨
WTF is going on with Bitcoin?
Over the past few weeks, we have been pushing sideways between 65k & 70k and doesn't appear to be gaining much traction. Indeed, there are many that are wondering whether we could be in a "left translated" cycle with most of the gains been seen.
However, there are others that think we could be on the cusp of a massive breakout as ETF Wirehouse access comes on board and RIAs start shilling crypto to retail.
So, which one of these is true?
Well, we break it down in our latest video. And in this video, we also examine some Bitcoin price prediction for not only this year but also for the top of the cycle.
If you hold Bitcoin or are thinking of buying some - you have to watch this vid!
🔔 MARKET MOVING NEWS! (18/06/24)
1️⃣ Trump Token Dumps 31% Despite Doubts He’s Behind The DJT Token 🔽
The price of Donald Trump-related memecoins fell more than 30% amid rumours that the former President’s team was launching an “official” token with the ticker DJT on the Solana blockchain. Notably, after the rumours surfaced, a crypto token with the same ticker minted two months ago on the Solana blockchain, saw a flood of trading activity and a massive price spike.
The unsubstantiated rumour was started by The Pirate Wires account on Twitter. The Pirate Wires’ Editor-in-Chief Mike Solana clarified that he “didn't speak with Trump directly” and that he was “just reporting what I know via sources.” The publication's tweet also claims Trump's 18-year-old son Barron would be "spearheading" the token project.
Source
2️⃣ Tether Debuts New 'Synthetic' Dollar Backed by Tokenised Gold in Tokenisation Push ▶️
Stablecoin issuer Tether is introducing a gold-backed stablecoin pegged to the U.S. dollar. The new coin is called Alloy (aUSDT) and is mintable a new token minting platform by the same name on the Ethereum network that lets users create tokens over-collateralized by Tether's tokenized gold (XAUT). Tether stated that the aUSDT token is targeted at users who want to use crypto for payments and remittances without selling their gold-backed tokens.
Tether CEO Paolo Ardoino stated,
Alloy by Tether is an open platform that allows to create collateralized synthetic digital assets and will soon be part of the new Tether digital assets tokenization platform, launching later this year
Pre-launch markets allow users to trade perpetual futures contracts on tokens that have not launched yet. When the underlying token is launched on applicable spot exchanges, the instrument converts to a standard perpetual contract […] Pre-launch markets have a different index price mechanism than standard perpetual futures and use a 4-hour exponential moving average (EMA) of the instrument’s mark prices for the Pre-Launch Index Price.
🚨 New Video Alert!! 🚨
Another week, another weekly crypto review! As you might have gathered, quite a bit has happened over the last week. Lots of spot Bitcoin ETF outflows, and imminent spot Ethereum ETFs to start.
Then lots of political talk from Trump and Biden about making America ground zero for crypto, and lots of Fed speak from chairman Jerome Powell that seems to have spooked the markets.
Last but not least, there seem to be some interesting OpenAI developments in the works that could be bullish for AI cryptos in more ways than one. All that and more in today’s weekly crypto review!
🔔 MARKET MOVING NEWS! (16/06/24)
1️⃣ T-Mobile Owner Deutsche Telekom Will Soon Mine Bitcoin In Addition To Running Nodes ⚡️
At the BTC Prague conference, T-Mobile owner Deutsche Telekom announced plans to mine Bitcoin in addition to running nodes for various networks. The announcement was made by Dirk Röder - the head of Web3 infrastructure at Deutsche Telekom subsidiary T-Systems MMS.
Röder stated,
Since 2023 we [have been] running a Bitcoin node and we are running Bitcoin Lightning nodes as well. And with a heart full of [...] pride, I would like to let you in on a little secret: we will engage in 'digital monetary photosynthesis' soon.
🔥 Rally Report 🔥
LIDO DAO
The price of LDO has rallied by 5% in the past 24 hours.
WHY?!
⚡️ Investors are bullish about Lido’s future after it recently announced the formation of the Lido Alliance - a group of partners and protocols committed to protecting stETH's role in Ethereum DeFi.
🤝 Lido also announced that it was joining forces with Symbiotic, a startup backed by Lido's co-founders and largest investor, to push stETH at the forefront of LRT adoption. Notably, Symbiotic is a competitor to Eigenlayer within the LRT ecosystem.
If you want to buy or trade LDO, we have an exclusive $60K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
📹 https://www.youtube.com/watch?v=YZV9mji7UQo
🔔 MARKET MOVING NEWS! (14/06/24)
1️⃣ Ether ETFs Should Be Fully Approved by September, Says SEC Chair Gensler 🔍
In a budget hearing on Thursday, U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler told senators that the final approvals for exchange-traded funds (ETFs) trading Ethereum's ether (ETH) are expected to be completed this summer. He said that the initial approval of a group of ETFs has already been granted, and the final registration requirements (S-1 filings) are currently being processed at the staff level. Once the filings are approved, new ETFs can be listed, allowing for easy-to-trade funds that hold actual ether, similar to bitcoin spot ETFs. While Gensler did not provide a direct answer on whether ETH is considered a commodity, the Commodity Futures Trading Commission chief Rostin Behnam confirmed that it is indeed a commodity.
Source
2️⃣ Paradigm Raises $850 Million to Invest in Early-Stage Crypto Projects 💰
Leading web3 venture capital firm Paradigm has reportedly raised $850 million for its third fund focused on investing in crypto. In a post announcing the fund, Paradigm co-founder Matt Huang expressed that his team’s conviction on crypto has only grown stronger, stating that "crypto is now a main character on the world's political stage."
He stated,
When we founded Paradigm in 2018, we believed that crypto would be one of the most important technical and economic shifts of the coming decades. Six years later, that belief has only gotten stronger.
🔔 MARKET MOVING NEWS! (26/06/24)
1️⃣ Cardano Node Upgrade Underway Following Mainnet DDoS Attack ☄️
Yesterday, the Cardano network experienced a distributed denial-of-service (DDoS) attack starting at block 10,487,530. DDoS is a common attack vector in which the attacker floods a server (or a blockchain) with spam traffic to prevent users from accessing connected online services and sites. However, the attack was unsuccessful and mitigated before any damage was caused, and the network continued to operate as usual.
Cardano blockchain developers are now reportedly working on a node upgrade that could deter future DDoS attacks of a similar nature. Raul Antonio, chief technology officer of Fluid Tokens, explained that the attack aimed to manipulate the Cardano blockchain into charging lower fees for high-value transactions.
Source
2️⃣ Metallica’s Official X Account Was Presumably Hacked To Promote Now-Collapsed Token Launched Via Pump.Fun ❌
The X account of heavy metal band Metallica was reportedly hacked late Tuesday by an unknown entity to promote a Solana token with the ticker METAL.
The hacker made an announcement post which claimed the token was made in partnership with ticket sales and distribution company Ticketmaster. It also claimed fintech firm MoonPay was involved with the token, which MoonPay president Keith Grossman dismissed in an X post, saying: “MoonPay does NOT support METAL.” All posts mentioning the token have been deleted.
Source
3️⃣ VanEck Filing Suggests Ethereum ETFs Are Only One Week Away 🔍
Yesterday, investment manager VanEck filed an 8-A form for its spot Ether (ETH) exchange-traded fund (ETF) with the United States Securities and Exchange Commission. Notably, the 8-A form is required paperwork for corporations to issue certain types of securities on national exchanges. Bloomberg ETF analyst Eric Balchunas states that this development is worth noting since it may signal that the U.S. Ethereum ETFs could only be a week away from launch. Specifically, Balchunas noted that VanEck filed its 8-A form for its Bitcoin spot ETF exactly seven days before the fund launched on January 11.
Source
4️⃣ Hydrogen Technology Execs Jailed for HYDRO Price Manipulation 🥶
A Florida judge has reportedly sentenced Michael Kane, the former CEO of Hydrogen Technology Corporation, to 45 months in prison for securities fraud related to a crypto price manipulation scheme. Shane Hampton, Hydrogen Technology’s former Head of Financial Engineering, also received a sentence of 35 months for similar crimes.
The DOJ stated that the duo enlisted a South African company called Moonwalkers Trading to manipulate the HYDRO price on an unidentified U.S.-based crypto exchange using a bot to place some $7 million of so-called wash trades and $300 million worth of spoof trades between October 2018 and April 2019.
These actions enabled them to make $2 million in profits from selling HYDRO at inflated prices. Principal Deputy Assistant Attorney General Nicole Argentieri noted that this was the first time that “a jury in a federal criminal trial found that a cryptocurrency was a security and that manipulating cryptocurrency prices was securities fraud.”
Source
A cryptocurrency wallet address belonging to Billionaire Mark Cuban has reportedly sold more than a dozen NFTs in recent days including a Pudgy Penguin for more than $30,000.The value of the 12 NFTs sold is about 11.43 WETH (about $37,800). Currently, the wallet also holds various NFT assets worth more than 1,900 ETH. Prior to the recent sales, the wallet’s last sale was recorded on Jan. 13, 2022, when the billionaire investor sold a Roc Aero Pitch Deck NFT for $33.73.
Source
🔔 MARKET MOVING NEWS! (20/06/24)
1️⃣ 'Metal Gear Solid' Game Maker Konami Launching Avalanche NFT Platform ⚡️
Japanese gaming giant Konami Digital Entertainment will reportedly use the Avalanche blockchain to enhance its NFT platform, Resella, offering users lower costs and improved efficiency. Konami is known for games like Metal Gear Solid, Silent Hill, and Castlevania.
Its Resella platform aims to make it easier for developers to design and issue NFTs while providing users with a better marketplace experience. The platform will be powered by the Avalanche Subnet and supported by Ava Labs' AvaCloud Web3 launchpad service, offering zero gas costs for users and consistent processing speeds.
Source
2️⃣ Binance Ordered To Pay $2.25 Million Fine By India’s Financial Watchdog ▶️
Crypto exchange Binance has been ordered to pay a fine of $2.25 million by India's Financial Intelligence Unit (FIU) for violating the country's Prevention of Money Laundering Act. The regulator had issued a notice to Binance in December 2023, asking the exchange to demonstrate why action should not be taken against it for its prior services to local clients without registering under India's anti-money laundering regulations. The FIU has also sent specific directions to Binance to ensure compliance with India's anti-money laundering laws.
Source
3️⃣ CertiK Identified Kraken Exploit, Claims Exchange ‘Threatened’ Its Team 🔍
Crypto exchange Kraken and blockchain security firm CertiK appear to have had a falling out over the specifics of a bug bounty hosted by the exchange. Notably, Kraken’s chief security officer Nicholas Percoco alleged that CertiK was “extorting” the exchange by refusing to return nearly $3 million worth of assets without seeing the bounty amount first. In return, CertiK alleged that Kraken’s security operation team was threatening “individual CertiK employees to repay a MISMATCHED amount of crypto in an UNREASONABLE time even WITHOUT providing repayment addresses.”
Source
4️⃣ ‘Pharma Bro’ Claims Barron Trump Holds Private Keys To DJT Token 🧐
In an X Spaces hosted by Mario Nawfal, “Pharma Bro” Martin Shkreli claimed Donald Trump’s 18-year-old son, Barron Trump, launched the TrumpCoin (DJT) token with his father’s approval and that he also holds the private keys to its smart contract address. While Barron Trump and his representatives have not issued a public statement on the matter, Roger Stone, one of Trump's close aids, denied any involvement of the former President or his son with the DJT memecoin.
Source
5️⃣ Bitcoin Miner OTC Selling Remains High as Reserves Drop to Multi-Year Low: CryptoQuant 📉
Data on CryptoQuant shows that Bitcoin miner reserves have plummeted to lows not seen since 2021. Miner reserves reveal the amount of bitcoin held by affiliated miner wallets, the value indicates the reserve that miners have yet to sell. According to Lucas Outumuro, head of research at IntoTheBlock, miners are expected to hold less Bitcoin over time as the halving pressures their margins, making them more likely to sell their reserves. Despite miner reserves hitting multi-year lows, their holdings measured in U.S. dollar value have remained around an all-time high of approximately $135 billion due to bitcoin's price appreciation in recent months.
Source
6️⃣ MicroStrategy Acquires Additional 11,931 Bitcoins and Now Holds 226,331 BTC 💸
According to an official press release, MicroStrategy has acquired an additional 11,931 BTC for approximately $786 million using proceeds from convertible notes & excess cash for $65,883 per Bitcoin. As of today, the firm hodls 226,331 BTC acquired for about $8.33B at an average price of $36,798 per bitcoin.
Source
🔔 MARKET MOVING NEWS! (19/06/24)
1️⃣ SEC Is Dropping Its Investigation Into Ethereum, Consensys Says ⚡️
Leading Ethereum developer Consensys, whose products include the MetaMask wallet, announced late Tuesday that the U.S. Securities and Exchange Commission is “closing its investigation” into the cryptocurrency. This means that the SEC will not bring charges alleging that sales of ETH are securities transactions.
The announcement reads,
The decision follows a letter we sent on June 7, asking the SEC to confirm that the May ETH ETF approvals, which were premised on ETH being a commodity, meant the agency would close its Ethereum 2.0 investigation. The closing of the Ethereum investigation is momentous, but it’s not a cure-all for the many blockchain developers, technology providers, and industry participants who have suffered under SEC’s unlawful and aggressive crypto enforcement regime
According to a Friday filing in the U.S. District Court for the Southern District of New York, FTX bankruptcy victims are seeking a ruling that the failed crypto exchange's forfeited assets worth approx. $8 billion, belongs to its customers, not the bankruptcy estate.
The victims' attorneys, Adam Moskowitz and David Boies, argued the bankruptcy process has left "FTX customers feeling 'aggrieved and robbed,' many of whom view the bankruptcy process as a 'second act of theft' and that the 'FTX bankruptcy estate remains to be the same fraudulent corporate entity' as was the enterprise run by SBF."
Source
🔔 MARKET MOVING NEWS! (17/06/24)
1️⃣ US Spot Bitcoin ETFs Saw $581 Million In Weekly Outflows Amid 'More Hawkish-Than-Expected' FOMC Meeting: CoinShares 🔍
According to CoinShares’ latest report, digital asset investment products registered $600 million in net outflows last week. Notably, this is the largest since March 22. CoinShares Head of Research James Butterfill stated that the outflows were “entirely focussed on bitcoin,” with $621 million outflows. A large chunk of these Bitcoin-related outflows, specifically $581 million in net outflows, were from U.S. spot Bitcoin exchange-traded funds. Butterfill argued this was likely due to “a more hawkish-than-expected FOMC meeting, prompting investors to scale back their exposure to fixed-supply assets.”
Source
2️⃣ Malaysia Cracks Down On Crypto Tax Evaders With Ops Token ▶️
According to local media reports, Malaysia’s federal tax authority - the Inland Revenue Board (IRB) conducted a special operation called “Ops Token” to reduce tax evasion by crypto traders. Personnel belonging to the Royal Malaysia Police and CyberSecurity Malaysia (CSM) reportedly raided 10 different locations within Klang Valley.
IRB alleged that bad actors had created several limited liability partnerships and corporate entities to evade paying taxes on crypto trading. It stated,
Through the operation, cryptocurrency trading data stored in mobile devices and computers were found, and we successfully identified the value of digital assets being traded, which caused a very significant leakage of tax revenue.
🚨 New Video Alert!! 🚨
Who controls Ethereum? This is an important question if you’re an ETH holder, and even if you’re not. Ethereum is crypto’s largest ecosystem. This makes its governors extremely powerful.
Not surprisingly, Ethereum is governed by multiple individuals and institutions. What is surprising is how related many of these entities seem to be – they all seem to have one connection in common.
When you combine this with the fact that this entity is now under investigation by the SEC, it begs the question of what will happen to ETH. Today’s video has all the answers.
Enjoy!
P.S. We hope you will like our new deals skit!
🔔 MARKET MOVING NEWS! (15/06/24)
1️⃣ Binance Says Nigeria Drops Some Charges Against Jailed Executive ‼️
According to a Bloomberg report, Nigeria's Federal Inland Revenue Service has dropped the tax charges imposed against Binance executives Tigran Gambaryan and Nadeem Anjarwalla. The charges have been amended so that only Binance, through its local representative, is the sole defendant. However, the executives remain named in a money-laundering case brought by the Economic and Financial Crimes Commission.
Source
2️⃣ Crypto Exchange Gemini To Pay $50 Million In Settlement With NY Attorney General's Office 💰
Crypto exchange Gemini has reportedly agreed to pay $50 million in crypto assets to Gemini Earn investors as part of a settlement announced by the New York Attorney General (NYAG) on Friday. The settlement comes after NYAG Letitia James said Gemini "misled thousands of investors," including New Yorkers, on risks tied to the Gemini Earn program. As part of the settlement, Gemini is also banned from conducting any crypto lending program in the state.
James stated,
Gemini marketed its Earn program as a way for investors to grow their money but actually lied and locked investors out of their accounts. Today’s settlement will make defrauded investors whole and should remind cryptocurrency companies that deceiving investors is illegal and will not be tolerated by my office.
We are moving up our over/under date for the launch of spot Ether ETF to July 2nd, hearing the Staff sent issuers comments on S-1s today, and they're pretty light, nothing major, asking for them back in a week. Decent chance they work to declare them effective the next week and get it off their plate before the holiday weekend. Anything is possible but this is our best guess as of now.
Are you looking for a cool crypto tee or hoodie? The Coin Bureau has you covered 😉
Check out our store now 👉 https://store.coinbureau.com/?utm_source=telegram&utm_medium=post&utm_campaign=store_homepage
🔥 Rally Report 🔥
NOTCOIN
The price of NOT has rallied by 10% in the past 24 hours.
WHY?!
🎙 Coinbase announced that it was adding support for Notcoin perpetual futures on Coinbase International Exchange and Coinbase Advanced.
☄️ The opening of NOT-PERP markets will begin on or after 9:30 AM UTC on 20th June 2024.
If you want to buy or trade NOT, we have an exclusive $60K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
📹 https://www.youtube.com/watch?v=YZV9mji7UQo
🚨 New Video Alert!! 🚨
How much can you trust economists? Can we believe everything they say is true, or do we need to maintain a degree of scepticism?
It’s a question that spawns a lot of other questions, and the answers to those questions can have some profound implications.
This is something that George DiMartino (a professor at the University of Denver) spoke about in a paper released way back in November 2020. Naturally, this piqued our interest and we knew we had to cover it for our wonderful Coin Bureau viewers.
Today, we’ll break down this report in an easy-to-digest way, explain why not everything is always as it seems, and tell you what it could mean for you and the markets.
Enjoy!