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🔹Latest Crypto News, Updates, Analysis and Deeper Insights in the whole Crypto space. 🔹No subscription fee🔊 @CryptoWorldNews @CryptoWorldICOs @CryptoWorldAnalysis Admin of the Channel: @AdamCWN ✔️
💰 StanChart predicts new ATH on favorable payroll data, maintains $150k Bitcoin price
Bitcoin is poised to reach a new all-time high this weekend if upcoming payroll data on June 7 is favorable, according to Standard Chartered’s head of crypto research Geoffrey Kendrick. The flagship crypto was trading a little above $71,000 as of press time. Kendrick also reaffirmed previous projections and said he maintains a bullish outlook on Bitcoin’s price, predicting it will reach $150,000 by the end of 2024 and $200,000 by the end of 2025.
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🚀Top 10 Trending Coins Last 7 Days 🚀
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🚀 30,000 Nodes have SOLD OUT! Total sales surpass $25 million! Phenomenal pace! 🎉
Reminder: 25% of the total token supply is allocated to node verifiers, reducing by 25% every 6 months. The project raised $10M in Series A funding from OKX Ventures, IOSG Ventures, Fenbushi Capital, Hashkey, and others.
Act fast to secure your nodes before tiers increase!
Big thanks to everyone shaping the future of a user-owned internet! 🙏
👉🏻 Learn more: docs.carv.io/carv-protocol/verifier-node-explained/faq
🔗 https://x.com/carv_official/status/1798313999811182596
🪙 VanEck analysts raise Ethereum price target to $22,000 by 2030
Analysts working at U.S investment firm VanEck, which has applied to list a spot ether ETF, said they have raised their 2030 price prediction for Ethereum to $22,000. "We've raised our 2030 ETH price target to $22,000, influenced by ether ETF news, scaling progress, and our read of onchain data," VanEck posted to X on Wednesday with a link to the report authored by Matthew Sigel, Patrick Bush and Denis Zinoviev.
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🪙 SEC Ethereum ETF decision unlikely driven by politics: Bernstein
The United States securities regulator’s decision to approve the spot Ether (ETH) exchange-traded funds may not have been a last-minute decision driven by political pressure, according to analysts at research and brokerage firm Bernstein. One of the leading theories behind the Securities and Exchange Commission’s sudden change in tone toward spot Ether ETFs in May was increased political pressure from the Democrats to win over swing voters in the lead-up to the U.S. election this November.
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💰 British-Chinese Woman Sentenced to 6 Years for Laundering Bitcoin in $6B Scam
In a high-profile case involving a massive cryptocurrency fraud, a British-Chinese woman, Jian Wen, has been sentenced to six years and eight months in prison for her role in laundering Bitcoin proceeds from a $6 billion investment scam in China. Wen, aged 42, was found guilty in March of laundering Bitcoin on behalf of her former boss, Yadi Zhang, whose real name is Zhimin Qian.
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💰 Kraken experiences largest outflow with $1.6 billion in Bitcoin transactions
Kraken, the digital asset exchange, recently experienced its largest outflow in dollar value, with approximately $1.6 billion being transferred out of the platform on May 30, according to Glassnode data. According to Arkham Intelligence Transaction data, this significant movement was executed through five transactions from Kraken’s deposit to an external address: three transactions of 6,000 BTC each and two transactions of 5,000 BTC each. The transferred Bitcoin, totaling roughly 28,000, is currently held in the address “bc1q.”
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💰 Bitcoin Staking Project Babylon Raises $70M Led by Paradigm
Bitcoin project Babylon has raised $70 million in funding to advance its plans to build staking on the world's largest blockchain. The funding round was led by Paradigm and included contributions from Polychain Capital and the venture arm of crypto exchange Bullish (also CoinDesk's parent company). Babylon offers bitcoin (BTC) as a staking asset, allowing proof-of-stake chains to acquire funding from the deep reserves stored in BTC.
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💰 Healthcare tech company shares surge 27% after announcing plans to buy bitcoin with cash reserves
Medical device maker and healthcare technology company Semler Scientific announced Tuesday it plans to buy bitcoin with its cash reserves and, almost immediately, the company's shares rose by as much as 27%. Semler Scientific's board of directors had "adopted bitcoin as its primary treasury reserve asset" and "purchased 581 bitcoins for an aggregate amount of $40 million, inclusive of fees and expenses," the company said.
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JUST IN: 💰 Michael Saylor gives one of the best explanations on the effects of a Bitcoin standard 🔥
“Every political party, every politician, every movement will find that they will be the best version of themself. They will be more effective, they will be more ethically grounded, they will be more technically grounded and they will be more economically grounded in pursuit of their mission if they embrace Bitcoin and a Bitcoin standard.”
- Michael Saylor
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💰 Bitcoin Miner Bitdeer Expands With Acquisition of ASIC Designer Desiweminer
Bitdeer’s (Nasdaq: BTDR) decision to purchase Desiweminer follows a comprehensive ten-month evaluation period, underscoring the strategic nature of this acquisition aimed at bolstering its ASIC design capabilities. Desiweminer, known for its sophisticated chip designs suitable for ultra-fine 4nm processes, will see its team integrated into Bitdeer’s operations in Singapore.
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JUST IN: 💰 Galaxy Digital CEO says Bitcoin could end the year at $100,000 or higher
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🚀🌟 FlokiCat: Solana's Rising Star! 🌟🚀
🐾 $FC has skyrocketed to a $600K market cap in just 11 days! 📈 Celebrate this rapid success with us and join the revolution!
🔥 Burns Achieved: 1% at $200K & $500K market caps—next burn at $5M! 🔥
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🌍 Community-Driven: Over 600 members and growing daily! United in action and vision! 🌍
🔗 Connect with FlokiCat:
⚫ Contract Address (CA): DAt9V3J3Cv959NRVmoENNfrqhTB68g2B6ovU6r9tajrG
⚫ Telegram (TG): @FlokiCatOnSol
⚫ Twitter (X): @FlokiCatSol
⚫ Website (Web): FlokiCat.org
🌟 Join us on our journey towards Valhalla – 1000x potential! 🌟
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💰 Chamath has his team do the math on the Bitcoin halving and comes up with cycle high targets ranging between $200k - $500k
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FlokiCat: Solana's Rising Star! 🌟
🐾 $FC relaunched with a 📈 $500K cap in just one week! Celebrate our swift success and join the revolution!
🔥 Burns Achieved: 1% at $200K & $500K caps—more at $5M!
💎 Trusted Team: Diamond hands, full transparency, regular voice chats!
🌍 Community-Driven: United in action and spirit!
🔗 Connect with FlokiCat:
⚫CA: DAt9V3J3Cv959NRVmoENNfrqhTB68g2B6ovU6r9tajrG
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⚫X: @FlokiCatSol
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🪙 Binance founder CZ begins four-month prison sentence as the country's richest inmate
Binance founder Changpeng Zhao, a.k.a CZ, has reported to a low-security California facility in order to begin his four-month federal prison term as the country's richest inmate. Zhao was given a four-month sentence and a $50 million personal fine in April following his guilty plea in November 2023 to failing to implement proper anti-money laundering protocols at Binance, the world's biggest crypto exchange.
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💰 Luke Broyles makes the case on how there is $500 Billion chasing the remaining Bitcoin supply on exchanges that could send the price parabolic
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🇪🇺 EU elections could hint at future direction for crypto regulations, Bitfinex analyst says
The European Union Parliamentary Elections, taking place next week, could provide further clues on how crypto will be regulated in that market, according to Bitfinex Head of Derivatives Jag Kooner. "A right-wing shift could lead to stricter crypto controls, while a pro-crypto outcome might accelerate supportive regulations like MiCA," Kooner told The Block.
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🪙 Mastercard just launched Crypto Credential, which allows you to send Bitcoin to any customer at an exchange with a simple username, instead of a wallet address
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💰 BlackRock adds $4.1 million of its IBIT spot Bitcoin ETF to two funds
Asset management giant BlackRock added $4.1 million worth of its spot Bitcoin ETF shares to two of its funds, according to May 28 SEC filings. The asset manager added $3.6 million of its iShares Bitcoin Trust (IBIT) shares to its BlackRock Strategic Income Opportunities Portfolio (BSIIX). Each purchase covers additions in the first quarter of 2024. BlackRock previously disclosed plans to add IBIT to its other funds in its SEC filings on March 8.
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🥇 Global Bitcoin ETFs surpass 1 million BTC under management
According to Bold.report data, all Bitcoin exchange-traded funds (ETFs) collectively hold over one million Bitcoin, a milestone first achieved on March 12. These ETFs are distributed across several countries, including the US, Sweden, Hong Kong, Germany, Switzerland, Canada, Brazil, and Australia. US-based ETFs lead the pack, with Grayscale GBTC holding roughly 292,000 BTC, followed by BlackRock IBIT with approximately 280,000 BTC, and Fidelity FBTC at 162,000 BTC. These three giants together hold approximately 734,000 BTC.
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