Cardano founder, Charles Hoskinson, boldly predicted at the 2023 Rare Evo conference that ADA would become the largest cryptocurrency in the world. In a recent interview, he provided insights into why he believes that will happen, with Cardano flipping Bitcoin on its way to achieving such status.  Why Cardano (ADA) Can Flip Bitcoin Hoskinson alluded […] source: https://bitcoinist.com/ada-bitcoin-cardano-founder/

Today, the Shiba Inu price has seen a minor pullback, causing it to drop below a crucial support level that had been holding firm during its recent consolidation. source: https://cryptonews.com/news/shib-falls-through-support.htm

Onchain Highlights DEFINITION: The total amount of coins (USD Value) transferred from short-term holders in loss to exchange wallets. Only direct transfers are counted. Coins are considered to be in loss when the price at the time the coins are spent is lower than the entity’s average on-chain acquisition price for the tokens. Bitcoin’s transfer […] source: https://cryptoslate.com/insights/bitcoin-sell-offs-by-short-term-holders-peak-in-march-but-resilience-grows/

A commissioner with the U.S. Securities and Exchange Commission (SEC) says tokenization is gaining traction among blue-chip companies and can provide further efficiencies to global markets and investors. During the SEC’s 30th Annual International Institute for Securities Market Growth and Development, Commissioner Mark T. Uyeda explains how tokenization – the conversion of assets such as... source: https://dailyhodl.com/2024/06/17/tokenization-may-provide-global-markets-with-more-efficiency-according-to-sec-commissioner/

According to BlockBeats, on June 18, the CEO of GameStop expressed a focus on profitability, steering clear of speculation. GameStop (GME.N) experienced a short-term downturn, with a current drop of over 10%. The CEO's statement comes amidst a volatile period for the company's stock, which has seen significant fluctuations in recent times. The emphasis on profitability over speculation suggests a strategic shift for the company, which has been at the center of a trading frenzy fueled by retail investors. The recent drop in GameStop's shares marks a downturn in the company's stock performance. However, the CEO's comments indicate a long-term vision focused on the company's financial health, rather than short-term speculative gains. This could potentially signal a more stable future for the company's stock, despite the current market volatility.

According to BlockBeats, Kayvon Tehranian, the CEO and founder of the NFT market Foundation, announced on June 18th that he is developing a new social network named Rodeo. Tehranian described the upcoming platform as fun, simple, and highly social, but it is currently only available to invited users. In response to this announcement, Dan Romero, the co-founder of Farcaster, stated that the soon-to-be-launched social network Rodeo is supported by Farcaster's permissionless and decentralized social graph. This suggests that Rodeo will likely incorporate elements of decentralization, a key feature of many blockchain-based platforms. However, further details about the platform, including its specific features and launch date, have yet to be disclosed.

According to BlockBeats, on June 18th, TD Cowen, an investment bank, suggested that President Biden's nominations for two leaders of the U.S. Commodity Futures Trading Commission (CFTC) could potentially impact the agency's future approach to cryptocurrency. Last week, Biden nominated CFTC Commissioner Christy Goldsmith Romero to head the Federal Deposit Insurance Corporation (FDIC) and Kristin Johnson to serve as Assistant Secretary for Financial Institutions at the Department of Treasury. Both nominees have advocated for the agency to establish rules or guidelines to protect consumers and address conflicts of interest in cryptocurrency. If Romero and Johnson successfully assume their new roles, the CFTC will be left with Democratic Chairman Rostin Behnam and Republican Commissioners Caroline Pham and Summer Mersinger, giving the Republicans a majority. In a report on Monday, TD Cowen stated that given these changes, the Biden administration will quickly fill these two vacancies. However, the replacements may not be confirmed until the fall.

TON’s recent TVL surge is propelled by the blockchain’s integration with the encrypted messaging platform Telegram. source: https://cryptonews.com/news/telegram-linked-ton-blockchain-soars-above-610m-in-tvl.htm

On Jun 17, 2024, 16:48 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 66,000 USDT benchmark and is now trading at 66,031.25 USDT, with a narrowed narrowed 0.87% decrease in 24 hours.

Just two hours after ZK Nation airdropped the ZK tokens, over 225,000 addresses claimed their tokens. The claims amounted to over 45% of the total airdropped ZK tokens. source: https://www.cryptopolitan.com/community-claims-45-zk-tokens/

Tap-to-earn games on Telegram, like Notcoin and Hamster Kombat, offer a gateway to crypto for mainstream users, with millions already engaged. While Notcoin faces uncertainty due to its lack of a whitepaper, Hamster Kombat's rapid growth and innovative features position it as a formidable contender for long-term success in the crypto gaming space.

Hamster Kombat, a Telegram game, has surged to 100 million players with its tap-to-earn mechanics, backed by a massive social media following. Its potential token airdrop and TON blockchain partnership fuel excitement, despite debates over coin accumulation strategies and comparisons to Tapswap.

TON ecosystem faced challenges during Notcoin listing, leading to disruptions and user losses. Compensation plan includes extra coin credits, trading fee refunds, USDT bonuses, waived P2P fees, and extended rewards. Total compensation exceeds $10 million, aiming to restore user trust and community resilience.

Notcoin ($NOT) experienced a steep 70% decline post-launch due to rapid selling after a massive airdrop, underscoring the volatile nature of gaming tokens. While TapSwap seeks to capitalise on Notcoin's popularity, the long-term prospects of gaming tokens remain uncertain amidst underperformance in the sector.

Bybit found itself in the midst of a contentious situation surrounding the initial listing of Notcoin as well as a reiteration of a blacklist warning from France's securities regulator.