CryptoRamon: Your Daily Crypto News Hub

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Welcome to CryptoRamon: Your Daily Crypto News Hub! Get the latest news, trends, and insights in cryptocurrency. Stay informed and make smart decisions with our expert analysis and daily updates. Join our vibrant community of crypto enthusiasts!

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CryptoRamon: Your Daily Crypto News Hub

11 Jun 2024, 10:56

🚀 The zKSync crypto project will conduct a token distribution next week. A total of 3,675,000,000 ZK tokens will be distributed to 695,232 wallets.

The snapshot of user activity was taken on March 24, 2024. You can check your share in the airdrop on the official website.

zKSync is an Ethereum scaling solution using zero-knowledge technology, which has been praised by Vitalik Buterin.

In 2022, Matter Labs, the developer of zKSync, secured funding from top crypto investors such as Andreessen Horowitz (a16z), Dragonfly Capital, Blockchain Capital, and more. The total investment in the project is $458 million.

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CryptoRamon: Your Daily Crypto News Hub

11 Jun 2024, 10:50

00:28

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This is not a nuclear power plant. This is a modern mining facility by CleanSpark in Norcross, Georgia, using immersion cooling!

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CryptoRamon: Your Daily Crypto News Hub

11 Jun 2024, 09:10

📊 Current Cryptocurrency Prices

🥇 Bitcoin (BTC) - $67,8K
🥈 Ethereum (ETH) - $3.55K
🥉 BNB (BNB) - $617

📈 Top Gainer:
Akash Network (AKT) — +12%

📉 Biggest Loser:
Notcoin (NOT) -17%

Stay tuned and keep up with the market!

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CryptoRamon: Your Daily Crypto News Hub

10 Jun 2024, 19:05

🪙 Bitcoin's price has returned to $70K.

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CryptoRamon: Your Daily Crypto News Hub

10 Jun 2024, 18:54

The difference in the use of dollar and euro stablecoins:

Nearly 90% of all transactions on crypto exchanges are conducted with dollar stablecoins, while only 1.1% are with euro stablecoins.

Trading volumes in dollars are 70 times higher than in euros. Kraken leads in euro trading volumes.

Binance will restrict access to "unregulated stablecoins" for EU clients due to the MiCA law, which will come into effect in 2025.

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CryptoRamon: Your Daily Crypto News Hub

10 Jun 2024, 17:01

Several major crypto projects are unlocking tokens this week. The largest in terms of new token issuance are:

▫️Aptos (APT) — tokens worth $94 million;
▫️Arbitrum (ARB) — tokens worth $92 million;
▫️Starknet (STRK) — tokens worth $72 million;
▫️Immutable (IMX) — tokens worth $50 million.

When a crypto project enters the market, the circulating supply of its tokens is limited: the team, investors of various levels, employees, etc., do not have tokens on hand to avoid additional pressure on the coin's price.

According to the schedule set in the project's tokenomics, these participants begin receiving coins and can sell them on the market. This process is called token unlocking.

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CryptoRamon: Your Daily Crypto News Hub

10 Jun 2024, 14:54

Solana Foundation has blocked a group of validators for their involvement in so-called sandwich attacks on Solana blockchain users.

Validators have their own pool of unconfirmed user transactions, through which their bots track those that are profitable for attacks.

Sandwich attacks are part of the technique known as Maximal Extractable Value (MEV). Last week, in the Ethereum network, a single MEV bot was responsible for 1.5% of all network fees, paying out over $800,000 per day in inflated fees for thousands of sandwich attacks in different tokens.

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CryptoRamon: Your Daily Crypto News Hub

10 Jun 2024, 12:40

In the first week of June, American spot ETFs acquired 8 times more Bitcoin than was mined. From June 3 to 7, 11 funds purchased 25,729 BTC, while only 3,150 new coins were mined during the same period.

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CryptoRamon: Your Daily Crypto News Hub

10 Jun 2024, 09:13

📊 Current Cryptocurrency Prices

🥇 Bitcoin (BTC) - $69,5K
🥈 Ethereum (ETH) - $3.68K
🥉 BNB (BNB) - $664

📈 Top Gainer:
Mantra (OM) — +18,5%

📉 Biggest Loser:
Fetch ai (FET) -4,6%

Stay tuned and keep up with the market!

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CryptoRamon: Your Daily Crypto News Hub

9 Jun 2024, 15:49

On Sunday, June 9, Bitcoin is trading around $69.3K, with its price rising by 2.5% over the past week.

The market became volatile again after the U.S. labor market report on Friday, but buyers kept the cryptocurrency's price from falling.

Analysts are optimistic about the movement of the crypto market next week.

On June 12, the Federal Open Market Committee will meet to discuss the interest rate. On the same day, the Consumer Price Index, one of the key indicators for the regulator when discussing the rate, will be published.

If consumer prices decrease, it could signal a potential reduction in the key rate in the fall, increasing appetite for risky assets.

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CryptoRamon: Your Daily Crypto News Hub

9 Jun 2024, 11:40

VanEck analyzed various asset allocations in investment portfolios. The best risk-adjusted returns were achieved by a portfolio with 70% BTC and 30% ETH.

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CryptoRamon: Your Daily Crypto News Hub

8 Jun 2024, 16:35

Donald Trump aspires to the status of 'Crypto President of the United States.'

During a fundraising event in San Francisco organized by venture capitalists David Sacks and Chamath Palihapitiya, former President Donald Trump positioned himself as a supporter of cryptocurrencies, criticizing the Democratic Party's efforts in regulating the sector. At the event held at Sacks' residence, the ex-president raised $12 million for his pre-election campaign. With tightening regulatory control over the cryptocurrency industry in the United States, it seeks to influence American politicians, particularly ahead of the November 2024 presidential elections. Leading the fundraising efforts was the American cryptocurrency exchange Coinbase, which donated a record $25 million to the Fairshake political action committee. The organization aims to support candidates who advocate for cryptocurrency, including Donald Trump. Despite the lack of specific actions regarding cryptocurrency policy from Trump, his stance contrasts with the views of Joe Biden. Trump assured attendees that the anti-cryptocurrency campaign led by Biden and Gensler would cease immediately upon assuming the presidency.

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CryptoRamon: Your Daily Crypto News Hub

8 Jun 2024, 13:56

Large investors are actively accumulating Bitcoin, as evidenced by continuous capital inflows into American spot Bitcoin ETFs. This was once again highlighted by analyst James Van Stratton. Interestingly, the volume of Bitcoin accumulation among investors recently exceeded the monthly issuance. Over the past 30 days, investors have acquired 71,000 bitcoins, almost 5.5 times more than miners mined during the same period — about 13,000 coins. Stratton also noted that the exchange reserve of Bitcoin on centralized cryptocurrency exchanges is sharply decreasing. Comparing the demand of Bitcoin investors with the recent influx of capital into ETFs, he emphasized that investors have accumulated the leading cryptocurrency by more than $5.1 billion over the same period, demonstrating significant market demand despite the sharp influx of funds into ETFs.

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CryptoRamon: Your Daily Crypto News Hub

8 Jun 2024, 13:23

00:54

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🔥 A scandal unfolded at a Polish TON community event!

A visitor claiming to have "issues with Ton Society" sprayed aerosol directly in the hall, after which he was promptly subdued and neutralized by security forces.

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CryptoRamon: Your Daily Crypto News Hub

8 Jun 2024, 11:21

Andrew Tate, known for his newfound love for Bitcoin, declared in May that he has fully embraced cryptocurrencies, abandoning fiat money. Recently, he predicted that Ethereum will soon reach $4,000 and declared war on Solana, stating he is ready to "crush the Solana network."

On June 7, Tate announced he bought 10,000 Madonna-themed tokens and promised to buy more dubious cryptocurrencies if his post was shared over 2,000 times. The post garnered 5,000 shares, prompting him to follow through.

Tate's eccentric crypto declarations are reminiscent of the late John McAfee, who often promoted dubious projects and was known for his extravagant promises. Even after his mysterious death, rumors about his whereabouts continue to circulate online.

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CryptoRamon: Your Daily Crypto News Hub

7 Jun 2024, 21:13

The Bitcoin price is below $70,000

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CryptoRamon: Your Daily Crypto News Hub

7 Jun 2024, 21:11

Bitfinex analysts predict that the Bitcoin price in the current bull market cycle will peak in the fourth quarter of 2024. They base this forecast on market indicators and historical data, particularly the market dynamics following Bitcoin halvings.

A key metric in their analysis is the market value to realized value ratio (MVRV), which is currently around 2.56. Historically, Bitcoin reaches the market cycle peak when the MVRV exceeds 3.2.

Experts estimate that Bitcoin will hit a peak of $120,000 in this cycle.

In the chart: the black curve represents the Bitcoin price, and the blue curve represents the MVRV value.

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CryptoRamon: Your Daily Crypto News Hub

7 Jun 2024, 18:33

The WuBlockchain team has compiled a list of top-100 cryptocurrencies by market capitalization that have outperformed Bitcoin and Ethereum since the beginning of the year.

The leaders are: WIF, PEPE, FLOKI, JASMY, CKB, PENDLE, AR, CORE, TON, and FET.

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CryptoRamon: Your Daily Crypto News Hub

7 Jun 2024, 17:25

South Korean media published the results of a study revealing that 7 out of 10 cryptocurrency exchanges in South Korea failed to return investors' funds after closing or suspending operations. Six of these seven exchanges did not notify users about their plans to cease operations. Representatives of the FSS emphasize the need for stricter oversight and a robust regulatory framework. A new law protecting investors in virtual assets will take effect in July 2024.

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CryptoRamon: Your Daily Crypto News Hub

7 Jun 2024, 15:35

Dear friends,

I want to express my immense gratitude to each of you for your support and interest in my content! Our community now counts more than 150 members, and it truly inspires me every day. I sincerely strive to make the content valuable and qualitative for you, and your support means the world to me.

Please, continue supporting me and invite your friends who are also interested in cryptocurrency news and our content format. Once we reach 500 members, I will start conducting various promotions and contests, giving away premium Telegram accounts and much more!

Help me share this channel with your loved ones, and let's create an amazing community together! Here is the link to invite your friends: https://t.me/CryptoRamon_News

Thank you once again for your support and belief in my channel!

With your news messenger in the world of cryptocurrency, CryptoRamon. )

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