Crypto soothsayer
Current news from the world of cryptocurrencies and market analysis. Read us and have up-to-date information! We are open for cooperation: https://t.me/kryptoadv
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Only 5 tokens have increased in price since being listed on Binance over the past 6 months: $ORDI +261.9%, $JTO +62%, $JUP +58%, $WIF +117%. And there's also $MEME, but its growth is quite minimal at +8%, well, at least itβs not in the red, so there's that! π
Binance is not what it used to be, not at all! π§
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Gemini will start returning Gemini Earn users' assets next month
βοΈ The exchange Gemini will begin returning assets to Gemini Earn users at the beginning of next month.
π§ Clients will be able to reclaim 97% of the assets in their original form.
βοΈ Previously, the court approved the bankruptcy procedure of Genesis, which provided services for Gemini Earn.
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Kraken Denies Information About Plans to Drop USDT in the EU
π€΅ Top Kraken executive Mark Greenberg stated that the exchange will continue to support USDT on its platform in the EU.
π Currently, the company has no plans to delist USDT, and Kraken will make every effort to meet the demand of European customers for all relevant stablecoins.
βοΈ Earlier, Bloomberg reported that Kraken plans to drop USDT in light of new MiCA regulatory norms.
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Repost fromΒ N/a
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π Congratulations to the winners of the first cash prize giveaway from the Crypto Soothsayer channel!
βͺοΈ1st place - $20 USDT - @Tiwalade002
βͺοΈ2nd place - $10 USDT - @Silvanus626
βͺοΈ3rd place - $8 USDT - BENCARSON77
βͺοΈ4th place - $4 USDT - @Bellopeter51
βͺοΈ5th place - $4 USDT - Tha Trinity
π° All prizes have been paid to the winners in $TON at the current exchange rate.
β‘οΈStay with Crypto Soothsayer to keep up with the latest news from the world of cryptocurrencies!
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β Hello folks! It's time for our daily giveaway for our most loyal followers! You can see the results of last giveaway on the Daily Drops channel. Now let's move on to today's giveaway.
Here's what to do:
1οΈβ£React to this message with πΎ emoji
2οΈβ£Share this message with a friend
3οΈβ£Fill out the Google form.
4οΈβ£To be subscribed to Daily Drops channel, where the results will be posted
π°The prize pool of $50 will be distributed as follows:
βΎοΈ1st place - $20 USDT
βΎοΈ2nd place - $10 USDT
βΎοΈ3rd place - $8 USDT
βΎοΈ4th place - $4 USDT
βΎοΈ5th place - $4 USDT
πAll payments will be made in $TON at the current exchange rate at the time of the giveaway. Five winners will be randomly selected using a randomizer.
βοΈ You need to provide a TON-wallet address to which we will transfer the funds you win. If the address is incorrect, we will simply choose the next participant on the list. Do not provide exchange wallets because without a tag your funds will simply be lost.
βοΈ The form must be filled out within four hours of the publication of this post. The results of the draw will be announced after processing the data from the form and further giveaway on the Daily Drops channel. And do not fill out the form several times. Such accounts will still be disqualified!
Daily Drops
Every day crypto π² drops! Subscribe to everyday earnings!
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Fantom to Rebrand and Become Sonic Blockchain
The Fantom Foundation has announced that it will rebrand its Fantom blockchain to the Sonic Network.
FTM coins will be converted to S coins at a 1:1 ratio.
The Sonic blockchain will feature a native L2 bridge connecting it to Ethereum.
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Tokens likely to be listed on Binance
π This list features projects that Binance has invested in but hasn't yet listed.
π If Binance is an investor, a listing on their exchange is likely just a matter of time, which could positively affect the token's price.
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Everything is just beginning!
BTC is currently in the middle of a bull cycle. π Market capitalization is growing faster than realized capitalization, and this trend usually lasts about two years.
πͺ If we maintain these metrics, the bull cycle will last until April 2025.
Do you believe in Bitcoin reaching $100,000 this year? Putπ₯
Think weβll reach $100k in 2025? Give π
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The inflow of capital into the Bitcoin ETF in May has already fully compensated for all the April outflows - Eric Balchunas, analyst Bloomberg.
"The bitcoin ETFs have put together a solid two weeks with $1.3b in inflows, which offsets the entirety of the negative flows in April- putting them back around high water mark of +$12.3b net since launch"- he stated.
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Kraken is considering removing support for Tether (USDT) in the EU due to upcoming regulations.
πͺπΊ The EU's new MiCA rules, effective from July, will restrict stablecoins like USDT, which are crucial for traders to move assets and avoid volatility.
π Tether expects exchanges to focus on EUR liquidity for EU customers. OKX has already limited USDT trading in the EU but allows deposits, withdrawals, OTC transactions, and EUR exchanges.
π Kraken's decision will depend on the finalized guidelines from the European Banking Authority. Tether's CEO, Paolo Ardoino, has expressed concerns about MiCA and will continue discussions with regulators.
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