Crypto inflows hit $2B in June, Ethereum sees best week since March with $69M

CoinShares believes the turnaround is due to weaker than expected macro data in the U.S.

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Crypto market braces for $875M token unlocks in June

Nearly $875 million in crypto tokens from projects like Aptos, Arbitrum, Starknet and Sui will be unlocked in June as vesting periods end.

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Predicted: Crypto Market Bottom to Hit by June Amid Tariff Concerns: Redefining Finances

The cryptocurrency market saw a significant dip in June amidst concerns over tariffs and trade tensions, leading to speculation about whether this could be the bottom for the market. As fears of increased tariffs intensified, many investors turned to digital assets as a potential safe haven. The volatility in traditional markets due to trade disputes [...]

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Decipher 2024

The Entry Decipher 2024 was published first on CoinFabrik.

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Crypto firms jockey for Hong Kong licenses ahead of June 1 retail opening

Hong Kong’s retail trading regime is days away from going live and crypto exchanges are keen to make entry into the region.

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Bitcoins Price Target for June Soars to $126K as Data Signals Bull Market Resurgence

Bitcoin’s price outlook for June is promising, with data indicating a target of $126,000. This projection suggests a potential bull market comeback for the popular cryptocurrency. The anticipation of Bitcoin hitting $126,000 in June is based on analysis that takes into account various factors like historical price movements, market sentiment, and technical indicators. While the [...]

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Market Outlook: CME Fedwatch Tool Points to Increased Chance of June Rate Hike

According to the CME Group Fedwatch tool on Thursday, there was a 51% probability of a quarter-point rate increase during the upcoming Federal Open Market Committee (FOMC) meeting on June 14. Just a fortnight ago, the Fedwatch tool indicated a slim possibility of the federal funds rate reaching 5.50% next month. The following day on [...]

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Stocks notch best week since June as Bitcoin holds $19K

Bitcoin (BTC/USD) traded above $19,200 late afternoon on Friday, with bulls looking to hold onto gains after the latest flip from lows around $18,700. There were also marginal gains for most top 10 altcoins, with Ethereum adding 2% and Cardano up 3%.

XRP was up 4%, at the time of writing, following the positive news around its case with the US Securities and Exchange Commission (SEC).

Across Wall Street, stocks made some decent gains amid a reversal that had US indices posting a positive end to the week. The S&P 500 and Nasdaq rose by more than 2.3% each, with the Dow Jones Industrial adding over 700 points. The indices clocked 4.7%, 4.9% and 5.2% for S&P 500, the Dow and Nasdaq respectively for the market’s best weekly return since June this year.

The stock market’s super end to the week came as investors evaluated the possibility of the US Federal Reserve easing its aggressive rate increases much sooner than has been publicized over recent months.

TV journalist Susan Li summed up the various comments in a tweet:

US #STOCKS RALLY ON #FEDERALRESERVE COMMENTS??

DALY: TIME IS NOW TO START TALKING ABOUT SLOWING RATE HIKES
"NEED TO DO EVERYTHING IN OUR POWER NOT TO OVERTIGHTEN"
"DON'T JUST KEEP GOING UP AT 75 BPS INCREMENTS"
"DO A STEP-DOWN, NOT TO PAUSE, BUT TO 50 BPS OR 25 BPS INCREMENTS"

The upside also materialized amid a series of encouraging corporate earnings results on Wall Street, with the retreat in Treasury yields another booster on the day.

But the gains on Friday cannot distract from the fact that 2022 has been painful for the markets, with a massive drawdown held aloft by the Fed’s hawkishness as inflation skyrocketed to a 40-year high.

The over $18 trillion wipeout in equities has the current losses at levels worse than during the 2008 and 2020 markets pain.

The @federalreserve hawkishness has caused an enormous amount of wealth destruction in US stocks and bonds with a drawdown of $18 Trillion in the US equity and fixed income markets. Far worse than 2008 and 2020’s market value destruction. pic.twitter.com/jvHAUyVbK1

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Shibarium On The Way – Latest Shiba Coin News | Shiba Inu Coin Price Prediction (29 June 2022)

Shiba Inu has performed admirably throughout the past week. The overall mood is still pessimistic, though, as cryptocurrency is on the verge of another breakdown after taking a significant hit over the past week. Shiba Inu Price Today in India is ? 0.0008 with a 24-hour trading volume of ?38,66,40,46,219. In the last 24 hours, […]

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Yield Farming tokens to keep an eye on at the end of June

Uniswap UNI/USD, Aave AAVE/USD, and Synthetix Network SNX/USD are some of the best yield farming tokens you can get at the end of June.

Uniswap made an announcement that they acquired Genie, the first NFT marketplace aggregator.

AAVE as a cryptocurrency has been accumulated by whales throughout the past month, according to a report by Santiment. 

Synthetix made an announcement surrounding the Synthetix Community Governance call, where they will dive deeper into the upcoming updates.

All of these updates and developments can contribute to the growth of each project’s ecosystem, as well as the value of each cryptocurrency.

On June 28, 2022, Uniswap (UNI) had a value of $5.279.

The all-time high of Uniswap (UNI) was on May 3, 2021, when the token reached a value of $44.92.

Taking a look at its performance throughout the previous month, Uniswap (UNI) had its highest point of value on May 5 at $8.0409. Its lowest point was on May 12 at $4.1263.

Here we can see a decrease in value of $3.9146 or by 48%.

However, since then, the token has grown in value by $1.1527 or by 28%.

At this rate, UNI can reach $9 by the end of July 2022, making it a solid cryptocurrency to buy.

On June 28, 2022, Aave (AAVE) had a value of $66.38.

Going over its all-time high, Aave (AAVE) had its highest point of value on May 18, 2021, at $661.69.

Going over how the token performed throughout the previous month, Aave (AAVE) had its highest point of value on May 5 at $161.33, while its lowest point of value was on May 12 at $70.23.

Here we can see a decrease in value of $91.1 or by 56%.

This makes $66.38 a solid entry point for the AAVE cryptocurrency, as it can climb to $80 by the end of July 2022.

On June 28, 2022, Synthetix Network (SNX) had a value of $2.41.

Looking at the all-time high of the cryptocurrency, Synthetix Network (SNX) had its all-time high on February 14, 2021, at $28.53.

When we take a look at its performance in May, Synthetix Network (SNX) had its highest point of value on May 5 at $5.142, while its lowest was on May 12 at $2.2227.

Here we can see a decrease of $2.9193 or 56%.

However, with its recent growth in mind, SNX is a solid buy at $2.41, as it can climb to $5 by the end of July 2022.

The post Yield Farming tokens to keep an eye on at the end of June appeared first on Invezz.

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Best automated market maker (AMM) tokens to get on June 23

If you are curious about investing in or buying automated market maker (AMM) cryptocurrencies, PancakeSwap CAKE/USD, 1inch 1INCH/USD, and Sushi SUSHI/USD are some of your best options.

There are a lot of developments at PancakeSwap, specifically within the NFT sphere.

On June 21, 2022, the 3D Brave Tigers NFT collection went live for trading.

1inch also announced some developments. On June 22, 2022, 1inch launched a platform where users can submit requests to improve 1inch and discuss other users’ suggestions.

On June 17, 2022, SushiSwap started its partnership with GameStopNFT through the integration of its Web3 wallet.

On June 23, 2022, PancakeSwap (CAKE) had a value of $3.136.

The all-time high of PancakeSwap (CAKE) was on April 30, 2021, at $43.96.

When we go over its performance throughout the previous month, PancakeSwap (CAKE) had its highest point of value on May 5 at $7.8776. However, its lowest was on May 12 at $3.4286.

Here, we can see a decrease of $4.449 or 56%. However, with the recent increase and price movement, we can expect CAKE to reach $6 by the end of July 2022.

On June 23, 2022, 1inch (1INCH) had a value of $0.696.

Going over its all-time high, 1inch (1INCH) had its all-time high value on October 27, 2021, at $8.65.

When we take a look at how 1inch (1INCH) performed in May, (1INCH) had its highest point on May 5 at $1.3647. Its lowest point was on May 12 at $0.7743. This marked a decrease in value by $0.5904 or 43%.

With this in mind, we can expect 1inch to increase to a value of $1 by the end of July 2022.

On June 23, 2022, Sushi (SUSHI) had a value of $1.2494.

Looking at the all-time high of the token, Sushi (SUSHI) had its ATH on March 13, 2021, at $23.38.

Going over its performance throughout the previous month, Sushi (SUSHI) had its highest point of value on May 5 at $2.62. Its lowest point of value was on May 12 at $1.1421.

Here, we can see a decrease in its value by $1.4779 or by 56%.

However, at $1.2494, the token is starting to increase in value and can reach $2 by the end of July 2022.

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Top 3 Altcoins For June 2022: LINK, AVAX and ADA

Cardano is up 14.52% in the last 24 hours. Avalanche can help any smart contract-enabled application surpass its rivals. Let

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Crypto Flipsider News – Validators Support Terra Fork, South Korea Investigates the Crash, ETH Ropsten Prepares for June 8 Merge, a16z $600M Metaverse and Web3 Gaming Fund, Louisiana to Adopt Crypto

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Continue reading Crypto Flipsider News – Validators Support Terra Fork, South Korea Investigates the Crash, ETH Ropsten Prepares for June 8 Merge, a16z $600M Metaverse and Web3 Gaming Fund, Louisiana to Adopt Crypto at DailyCoin.com.

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The 4 Best Meme Coins for June 2023 – These Tokens Could Bring Massive Profits!

Despite the risks, meme coins can be a lucrative investment opportunity. Here are the four best meme coins that could bring massive profits in June 2023.

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PEPE Coin vs. Shiba Inu: Who Will Come Out on Top with a 1000x Increase in Price by June 2023?

Shiba Inu has already made headlines with a 1000x increase in price. Let's explore this article of PEPE Coin vs. Shiba Inu

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NFT Sales Dip in June — Ethereum Dominates, Bitcoin Stumbles, and Bored Ape Rises

In June 2023, the sales of non-fungible tokens (NFTs) experienced a decline of 4.3% compared to the previous month. The latest figures show a slide from $739.50 million recorded in May to $707.70 million in June. June 2023 Sees a Slip in NFT Sales Data from cryptoslam.io reveals that NFT sales in the previous month [...]

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