💰 Privado ID becomes the latest project to spin out from Polygon Labs
Polygon ID has spun out from Polygon Labs and rebranded to Privado ID as it attempts to expand beyond the Polygon networks. The move aims to meet global demand for digital identity and reputation solutions that work with both online and onchain data in the era of increasing identity theft, fraud and AI-generated content, according to a statement shared with The Block.
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💰 Bitcoin miners rise 10% after Trump promises to back US miners
Bitcoin (BTC) mining stocks soared double digits on Wednesday a day after United States presidential candidate Donald Trump promised to bolster mining operations in the country. Trump said he wants “all the remaining Bitcoin to be MADE IN THE USA!!!” adding it would help the country be “ENERGY DOMINANT” in a June 12 post, which came shortly after a meeting he hosted with some of the industry’s top executives.
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💰 Bitcoin Falls Below $67K, More Than 75K Traders Liquidated Amid Market Decline
On Tuesday, the price of bitcoin (BTC) fell to an intraday low of $66,696 per unit, marking a 3.3% decrease over the last 24 hours. This decline resulted in the liquidation of $170.25 million in long derivatives positions, with $50.87 million of this amount comprised of BTC long positions.
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✈️@CryptoWorldNews🌐
💰 Mexican Billionaire Ricardo Salinas Doubles Down on Bitcoin, Advises Using It as Inflation Hedge
Ricardo Salinas, the third wealthiest man in Mexico, has recently doubled down on his proposal to use Bitcoin as a reserve asset. On social media, Salinas defended the role of Bitcoin as an inflation hedge, commenting on a post that presented inflation as a hidden tax on fiat money and advised his followers to purchase it.
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✈️@CryptoWorldNews🌐
💰 “Bitcoin is the most important thing happening in the world today.”
- Erik cason
✈️@CryptoWorldNews🌐
💰 Trump Campaign Crypto Aide Announces Presidential Roundtable on Domestic Bitcoin Mining
David Bailey, CEO of Bitcoin Magazine and Trump campaign cryptocurrency aide, has announced that Former President Donald Trump will participate in a Presidential Roundtable on domestic bitcoin mining as part of its new cryptocurrency-friendly policy. He revealed that big miners from the U.S. would be present at the event without disclosing the list of assistants.
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✈️@CryptoWorldNews🌐
💰 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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✈️@CryptoWorldNews🌐
🚀 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.
Source
✈️@CryptoWorldNews🌐
💰 Bitcoin miner Bitfarms stock surges after raising 2025 guidance to over 35 EH/s
Bitcoin miner Bitfarms has reiterated the Riot Platforms takeover proposal would not be in the best interest of its shareholders and later announced it entered into an agreement to develop its first large-scale mining site in the United States, which will boost the miner's overall power capacity. As a result, this raises Bitfarms' 2025 power capacity to 648 megawatts, 170% growth from its current capacity and up 47% from its targeted year-end 2024 capacity.
Source
✈️@CryptoWorldNews🌐
💰 Ripple to use Axelar as bridge protocol for EVM sidechain
Ripple Ledger, the blockchain network backed by the payments firm Ripple, revealed the official name of its upcoming sidechain, calling it the “XRPL EVM sidechain,” and stated that it would launch with Axelar serving as the exclusive bridge protocol. Ripple said that using Axelar would “simplify” the user experience and enhance security, and went on to praise Axelar’s track record and integrations with major projects like Uniswap and Microsoft.
Source
✈️@CryptoWorldNews🌐
💰 Bitcoin Open Interest Reaches All-Time High Of $36.3 Billion
Bitcoin futures interest tapped an all-time high in US dollar terms on Monday, reaching over 500,000 BTC worth $36.3 billion. Analysts say the overwhelming surge in open interest relates to a clever arbitrage play levied by institutional traders between Bitcoin’s futures and spot markets. In a Tuesday newsletter, lead Glassnode analyst James Check theorized that leveraged funds are simultaneously shorting Bitcoin on the CME while buying up coins in equal measure via the Bitcoin spot ETFs.
Source
✈️@CryptoWorldNews🌐
🚀🌟 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! 🔥
💎 Trusted Team: Diamond hands, full transparency, regular voice chats!
🌍 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! 🌟
🔗 Quickjoin Telegram: /channel/+j_8fn7l0O6thMTli
🚀 Invest in something big. FlokiCat to the moon! 🌙
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🇺🇸 Silicon Valley courts Trump in latest crypto campaigning push: report
Former United States President and current leading Republican presidential candidate Donald Trump took to Silicon Valley in his latest campaign financing efforts. Trump raised $12 million from a Thursday night fundraiser held at the San Francisco house of David Sacks, a tech entrepreneur and investor, Reuters reports citing people who attended the fundraiser. Social Capital CEO Chamath Palihapitiya cohosted the event.
Source
✈️@CryptoWorldNews🌐
💰 Elizabeth Stark of Lightning Labs speaks on Bitcoin being the solution for everyone having "equal democratized access to open source global free money.”
✈️@CryptoWorldNews🌐
🚀🌟 FlokiCat: Solana's Rising Star! 🌟🚀
🐾 $FC has reached a $1M all-time high market cap in just 13 days! 📈 Celebrate this incredible success with us and join the revolution!
🔥 Burns Achieved: 1% at $200K & $500K market caps—next burn at $5M! 🔥
💎 Trusted Team: Diamond hands, full transparency, regular voice chats!
🌍 Community-Driven: Over 700 members and growing daily! United in action and vision! 🌍
🚀 Exciting News from Floki Cat! 🚀
We're thrilled to announce that Floki Cat will soon be featured on billboards all over the US! 🇺🇸✨ While it will take some time to finalize the deals, get ready to see our favorite feline lighting up major cities and highways. Stay tuned for more updates! 🚀😻
💡 Recent Listings:
🔹 Bidget Wallet: Live!
🔹 Jupiter: Coming this weekend!
🔹 CoinGecko: Coming this weekend!
📈 Chart: Looking very bullish!
🔗 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! 🌟
🔗 Quickjoin Telegram: /channel/+j_8fn7l0O6thMTli
🚀 Invest in something big. FlokiCat to the moon! 🌙
#advertisement
💰 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.
Source
✈️@CryptoWorldNews🌐
🏆 Want a shot at a 4090 GTX & Ryzen 7950x3D custom PC?
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Get more entries by inviting friends – 1 invite = 1 entry.
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⏳ Bonus quest ends June 6th!
*Check the rules for other ways to enter."
JUST IN: 💰 Galaxy Digital CEO says Bitcoin could end the year at $100,000 or higher
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