Today's Crypto and Bitcoin News

NEAR Protocol celebrates a major milestone with the launch of its first real-world assets (RWA) product (ETP) in collaboration with Valour. The integration of RWAs, AI advancements, and decentralized physical infrastructure networks (DePIN) positions NEAR for promising long-term growth despite short-term bearish sentiment.   Quick Take  NEAR Protocol celebrates its first RWA ETP with partner Valour. Valour's NEAR ETP is the first of its kind, available on Sweden’s Spotlight spot market. The protocol is exploring RWAs, AI, and DePIN for growth. NEAR's token sees a 25% increase in the last seven days, currently trading at $6.08. NEAR Protocol’s Real-World Assets (RWA) Milestone: Valour’s New ETP  Valour, an issuer of digital assets ETPs, has launched the first ETP supported by NEAR Protocol. This groundbreaking product is now available for trading on Sweden’s Spotlight spot market. This development highlights a significant step for NEAR towards integrating RWAs into the blockchain ecosystem.   Valour’s new ETP for NEAR adds to its growing list of crypto ETPs, including products for Solana, Cardano, and Polkadot. Valour’s ETPs offer investors exposure to various blockchain ecosystems, enhancing their participation in the digital finance future.   The integration of RWAs on the blockchain is seen as a pivotal move for the next bullish wave in the crypto market. It has the potential to push blockchain technology deeper into mainstream adoption. NEAR’s foray into RWAs, AI, and DePIN showcases its commitment to expanding its growth avenues.   Beyond RWA: NEAR Ventures Into AI and Inclusion in Grayscale’s AI Fund NEAR Protocol is not just stopping at RWAs. The protocol is also venturing into the AI segment, another critical area poised for growth. This multifaceted approach positions NEAR at the forefront of technological advancements in the blockchain space.   NEAR is making strides in the AI ecosystem. The protocol’s open and decentralized framework places user control at the forefront, earning recognition from Grayscale’s AI Fund. NEAR’s focus on AI integration underscores its commitment to staying ahead in the blockchain innovation curve.   The NEAR team has emphasized the integration of AI through an open and decentralized framework, which places user control over data and assets at the forefront. This has garnered recognition, as NEAR has been announced as part of Grayscale’s AI Fund. The fund’s component assets and weightings include Bittensor at 2.92%, Filecoin at 30.59%, Livepeer at 8.64%, NEAR at 32.99%, and Render at 24.86%.   Why Is Pantera Capital’s Managing Partner Bullish on NEAR Protocol?  NEAR, the native token of the Layer 1 (L1) blockchain Near Protocol, has surged to a one-month high after breaking out of a previous downtrend that saw the token hit a low of $4 on July 5. Currently trading at $6.08, NEAR has recorded a substantial 25% gain over the past week, propelling it to the 17th position among the top 100 cryptocurrencies.   This positive momentum has drawn the attention of venture capital firm Pantera Capital, whose Managing Partner, Paul Veradittakit, has shared several reasons for the firm’s bullish stance on NEAR’s protocol and its growth potential, in a news report on NewsBTC.   Veradittakit took to social media on Thursday to highlight NEAR’s value proposition within the blockchain ecosystem. He noted that while Bitcoin (BTC) and Ethereum (ETH) have been at the forefront of the crypto technology “revolution,” both face “challenges” related to transaction scalability. According to Pantera’s MP, this is where NEAR Protocol plays a key role in addressing these scalability issues while prioritizing developer engagement and user experience by offering a scalable and user-centric blockchain solution.   NEAR distinguishes itself with its Thresholded Proof of Stake (TPoS) system and Nightshade sharding, which increases scalability and decentralization. These advancements have paved the way for NEAR to achieve significant milestones, such as reaching $335 million in Total Value Locked (TVL), an increase of 547% in just six months.   According to Veradittakit, such growth demonstrates NEAR’s traction and strategic effectiveness in the market. Furthermore, NEAR’s market presence is fortified by key metrics, including a 42% quarter-on-quarter increase in daily active addresses, a surge in transactions from 35 million to over 220 million, and a substantial rise in monthly active users from 2.9 million to 15 million.   Lastly, Veradittakit emphasized that NEAR’s success can be attributed to the leadership of its co-founders, Illia Polosukhin and Alexander Skidanov. Their expertise in AI and engineering has been instrumental in developing NEAR’s infrastructure, driving its market presence and technological advancements.   NEAR Price Analysis: 25% Gains in 1 Week NEAR/USDT price chart | Source: KuCoin    NEAR’s strategic initiatives are likely to impact its long-term price positively. Over the past week, NEAR’s token has surged by 25%, reaching $6.08 at press time. Despite the bullish momentum, market sentiment currently leans towards the bears, with 528,000 shorts against 263,000 longs on Binance.   NEAR price analysis | Source: Hyblockcapital   Despite reaching a monthly high of $6.44 and a substantial 300% gain year-to-date, the token will need to break above the $8.28 level in the short term to break out of its downtrend structure. However, with these advancements and the adoption of AI-related tokens, NEAR may be poised for further gains throughout the year, helped along by the broader market’s recovery.   Conclusion  NEAR Protocol’s recent achievements represent a noteworthy milestone in the blockchain industry. With its pioneering ETP, ongoing technological advancements, and strategic focus on RWAs, AI, and DePIN, NEAR is positioned for potential long-term growth. The protocol’s commitment to innovation and scalability distinguishes it in the crypto market. As NEAR continues to evolve, investors and stakeholders can anticipate further developments. However, it is essential to remain aware of the inherent risks and market volatility associated with cryptocurrency investments.  

NEAR$5.0205-7.68%

Hello, Hamster CEOs! Let’s earn 1 million coins on Hamster Kombat by cracking the Daily Cipher code for July 19. Read on to find today's answer and unlock more coins before the first Hamster airdrop expected later in July, according to an update from the Hamster Kombat Telegram channel.    Quick Take Solve a Daily Cipher Morse code puzzle to unlock 1 million coins for July 19. Today’s cipher code is “ALPHA” Watch Hamster YouTube videos, check daily rewards and complete other tasks to earn more coins in the Hamster Kombat game. Hamster Kombar Daily Combo and Daily Cipher: An Introduction Daily Ciphers and Daily Combos are routine challenges that CEOs need to solve to claim  6 million points in the viral Hamster Kombat Telegram game. Unlocking these rewards can significantly boost your in-game gold as you prepare for the upcoming Hamster Kombat airdrop and HMSTR token launch. The first airdrop is expected to come sometime in July, and the second one is expected in two years, according to an interview with the founders of Hamster Kombat by The Block.   The tap-to-earn game has been gaining strong momentum globally, amassing a user base of 250 million players since its launch about three months ago. Hamster CEO players are busy accumulating rewards in anticipation of a potential token launch, similar to the Notcoin launch. With our daily combo and cipher updates, you can earn higher daily bonuses, significantly boosting your rewards on Hamster Kombat.   Unlock the Daily Combo cards for July 19 if you haven’t done it yet. Here’s how to solve the Daily Cipher for July 19, 2024.   What Is the Hamster Kombat Daily Cipher Morse Code?  Similar to the Daily Combo Cards updated every day, the Daily Cipher is a routine task where you can unlock 1 million coins as a reward. Unlike the daily combination of three cards you need to select to solve the Daily Combo challenge, the Daily Cipher is a word you need to input into the game using the international Morse Code standards. The game’s developers release a new daily cipher code daily at 7 PM Greenwich Mean Time (GMT). Here’s how you can decode it:   How to Earn 1 Million Coins with Hamster Kombat Daily Cipher Code A new Daily Cipher is released every day, and solving it can earn you 1 million coins. Here’s how you can decode the Hamster Kombat daily cipher Morse Code:   Input a Dot (.): Tap the hamster once. Input a Dash (-): Tap and hold, then release. Input Timing: Wait at least 1.5 seconds before entering the second sequence of a letter to ensure the app recognizes it correctly.   Daily Cipher Morse Code for July 19, 2024: Answer 🧑‍💻Today's Daily Cipher Morse Code: ALPHA   You can unlock today’s code using the following sequence:    A: ● ▬  (dot dash) L: ●▬ ● ●  (dot dash dot dot) P: ●▬ ▬  ●  (dot dash dash dot) H: ●  ● ● ● (dot dot dot dot) A: ● ▬ ( dot dash) Input Timing: Wait at least 1.5 seconds before entering the second sequence of a letter to ensure the app recognizes it correctly.   BTW, KuCoin is launching a Hamster Kombat airdrop soon! Sign up early on the top 1 altcoin exchange to secure your chance at exclusive rewards.   Other Ways to Mine Hamster Coins Here are some more ways to increase your earnings in the Hamster Kombat game:    Upgrade Your Exchange: Regularly invest in upgrades for your exchange, such as markets, PR, team, and legal enhancements. This will help you accumulate coins passively, even when you're not actively playing. Check In Frequently: Hamster Kombat allows you to accumulate free coins for up to three hours while offline. After that, you need to log in to claim your earnings and reset the timer. Regular check-ins maximize your passive coin income.  Daily Combo: Execute the Daily Combo by selecting the correct set of cards each day. This can earn you up to 5 million coins daily. Invite Friends: Some tasks and card unlocks are gated behind inviting friends to join the game. Successfully getting friends to start playing can unlock additional earning opportunities and help you complete daily tasks that may require a certain number of referrals. Daily Rewards: Participate in the game's daily rewards system. These can range from a few hundred coins to millions, depending on the day. Consistently claiming these rewards without missing a day increases your earnings significantly. Social Media Engagement: Follow Hamster Kombat's official social media channels, such as Twitter, Facebook, and YouTube. Completing tasks related to these platforms, like watching videos or engaging with posts, can earn you additional coins.  By leveraging these methods, you can significantly boost your coin earnings in Hamster Kombat, setting yourself up for a larger in-game treasury and increasing your chances of benefiting from the upcoming HMSTR token airdrop.   Bookmark for Daily Updates Bookmark this page with the #Hamster Kombat hashtag, which you can find at the bottom of this post. Check in daily to ensure you never miss out on your Daily Cipher and Daily Combo rewards.   Conclusion Use this guide to effectively unlock the Hamster Kombat Daily Cipher reward and boost your gameplay. As you unlock more rewards and mine more coins, you can level up in the game, upgrade your exchange, and potentially boost your chances of earning more crypto when the Hamster token airdrop goes live. Before you go, you can also trade Hamster Kombat (HMSTR) tokens on the KuCoin Pre-market trading platform ahead of the official token launch on the spot market.    Read More: Hamster Kombat Daily Cipher for July 18, Answers   

Ripple’s XRP has surged to $0.63, reaching a three-month high, before settling slightly lower. This spike comes amid rumors of a possible settlement between Ripple and the U.S. Securities and Exchange Commission (SEC). The market is abuzz with speculations of a secret meeting scheduled for July 18th, potentially ending the long-standing legal battle.   Quick Take  XRP hits a three-month high of $0.63, reclaiming the $0.6 level. XRP outperforms Bitcoin with a 30% rise in July. Market rumors suggest a potential settlement between Ripple and the SEC. But Former SEC lawyer Marc Fagel dismisses settlement speculation. XRP Reclaims $0.6 Level Amid SEC Settlement Speculation Former SEC lawyer Marc Fagel has downplayed the settlement rumors, noting that similar meetings have taken place without any resolution. Despite his skepticism, many market participants believe the recent XRP pump is linked to insider news of a favorable outcome.   XRP’s performance in July has been remarkable, with a 30% rise from $0.38 to above $0.6, outpacing Bitcoin’s modest 3% increase. This surge has reversed all losses incurred in Q2, marking a significant recovery for XRP.   Despite the bullish momentum, XRP faces potential resistance. The coin hit a key bearish order block aligned with the 38.6% Fibonacci level. Additionally, the Relative Strength Index (RSI) indicates buyer exhaustion, suggesting a possible retracement to the 50% Fibonacci level. This could offer a re-entry point for sidelined speculators.   XRP Short-Term Price Analysis: Volatility Between $0.59 and $0.63 In the short term, XRP has experienced significant volatility, fluctuating between $0.59 and $0.63. The sharp drop to around $0.59 highlights the high volatility often seen in crypto markets, emphasizing the need for caution among traders.   XRP exchange inflows | Source: CryptoQuant    The overall spot market shows significantly reduced selling pressure, with a notable drop in exchange inflow from $739 million on July 10th to $1.9 million. Concurrently, traders have increased their long positions, with futures longs rising from 47% to 49%.   Can XRP Price Rise Over $20?  XRP price prediction | Source: X    Crypto analyst Armando Pantoja predicts substantial price increases for XRP, potentially reaching $3.84, then $12.75, and eventually $20.30. These predictions are based on XRP’s consolidation within a long-term triangle pattern, often a precursor to major price movements.   A detailed analysis of XRP’s long-term price chart highlights key historical and projected trends. The descending resistance line from the 2018 peak and the ascending support line from the 2020 low form a triangle pattern, indicating a consolidation phase. This pattern suggests an impending breakout or breakdown, aligning with Pantoja’s bullish predictions.   100k+ Wallets Hold Over 85% of XRP Supply On-chain data from Santiment reveals that sharks and whales now hold over 85% of XRP’s total supply, reaching a new all-time high in balance. This accumulation, regardless of price movements, is a positive sign for XRP’s long-term prospects.   XRP’s social sentiment | Source: Santiment    Despite the bullish long-term outlook, short-term sentiment on social media has become overly positive. Historically, such hype can lead to market corrections. Conversely, Cardano (ADA) shows highly negative sentiment, which could be a bullish sign for it.   Conclusion: A Watchful Eye on July 18th As XRP approaches the critical July 18th meeting, the market remains watchful. The outcome could significantly impact XRP’s price trajectory. With major investors accumulating and technical indicators suggesting possible retracement, the coming weeks will be crucial for XRP.  

On Thursday, July 18, 2024, Indian cryptocurrency exchange WazirX detected a severe security breach involving its Safe Multisig wallet on the Ethereum network. The breach resulted in unauthorized transfers of approximately $234.9 million worth of digital assets to a new address, according to a report from Cointelegraph.   Quick Take  WazirX's Safe Multisig wallet on Ethereum has been compromised, resulting in the transfer of over $230 million worth of crypto assets, including SHIB, ETH, and MATIC.  In response, WazirX pauses all withdrawals to protect user funds. Both Cyvers and ZachXBT are actively investigating the breach.   Cyvers’ alert about WazirX hack | Source: X    The security breach was first reported by Web3 security firm Cyvers. According to Cyvers, the funds were transferred from WazirX’s wallet to a new address, which had been funded by Tornado Cash, a decentralized protocol known for private transactions.   List of crypto assets stolen in WazirX hack | Source: LookOnChain on X   The moved funds included a mix of Shiba Inu (SHIB), Tether (USDT), Pepe (PEPE), and Gala (GALA), which were subsequently swapped into Ether (ETH).   Further Analysis by ZachXBT: Over $100M SHIB Stolen On-chain investigator ZachXBT provided additional insights into the wallet's holdings. According to ZachXBT, the suspected primary attacker still holds significant amounts of various cryptocurrencies, including:   $100 million in Shiba Inu (SHIB) $52 million in Ethereum (ETH) $11 million in Polygon (MATIC) $4.7 million in Floki Inu (FLOKI) $3.2 million in Fantom (FTM) $2.8 million in Chainlink (LINK) $2.3 million in Fetch.ai (FET) WazirX’s Response Source: WazirX on X    In response to the breach, WazirX has temporarily suspended all cryptocurrency and INR withdrawals on the platform to safeguard user assets. In an official X post, the exchange acknowledged the incident, stating:   "We are aware that one of our multisig wallets has experienced a security breach. Our team is actively investigating the incident. To ensure the safety of your assets, INR and crypto withdrawals will be temporarily paused."   Potential Links to High-Profile Hacks The breach's association with Tornado Cash has raised concerns about the attack's potential links to high-profile hacking groups. Deddy Lavid, CEO of Cyvers, noted similarities between this breach and previous attacks attributed to the notorious Lazarus Group, a North Korean state-sponsored hacking collective.   Both Cyvers and ZachXBT are actively monitoring the situation. The compromised funds' swift movement and conversion into different digital assets suggest an attempt to launder the stolen assets.   Broader Implications for the Crypto Market This breach marks the second-largest crypto hack of 2024, following the DMM Bitcoin security breach in May. The incident highlights the growing need for robust security measures in the crypto industry, especially for exchanges handling large volumes of digital assets.   Conclusion As WazirX actively investigates the breach, it's still early to determine whether the stolen funds can be fully recovered or if user funds have been affected.  The full impact of the breach remains uncertain and users are advised to stay informed through official updates from WazirX as the situation develops.   

With the likely approval of a spot Ethereum exchange-traded fund (ETF) on July 23, the cryptocurrency world is buzzing about the potential for a Solana spot ETF. Whether the SEC reviews these filings with a decision due by March 2025 and an SOL ETF becomes reality or not, check out various Solana price predictions and insights on a potential spot Solana ETF approval by the US SEC.    Quick Take VanEck and 21Shares file for the first spot Solana ETFs, indicating significant institutional interest. The SEC's decision on these ETFs is expected by mid-March 2025, a crucial date for Solana investors. Approval of a spot Solana ETF could drive significant institutional investment, boosting liquidity and price. Analysts foresee potential all-time highs, with predictions ranging from $550 to $950. What Is Solana (SOL)? Solana (SOL) is a fast, scalable, and user-friendly layer-1 blockchain platform that handles more transactions per second with significantly lower fees than other blockchains like Ethereum. It uses a unique combination of proof-of-stake (PoS) and proof-of-history (PoH) consensus mechanisms for efficiency and allows developers to create decentralized applications (dApps) using smart contracts. Solana's high speed and low transaction fees make it ideal for various applications, including decentralized finance (DeFi), non-fungible tokens (NFTs), blockchain gaming, supply chain management, and payments, offering a secure and cost-effective solution across industries.   VanEck, 21Shares Solana ETF Filings Spark Market Excitement Solana (SOL) is capturing the crypto community's attention with the recent filing of the first spot Solana ETF by VanEck, followed closely by 21Shares. This move has significant implications for Solana's price and market position, potentially marking a turning point for this prominent altcoin.   VanEck's spot Solana ETF filing with the Chicago Board Options Exchange (CBOE) and 21Shares' subsequent filing has set the stage for a significant development in the crypto market. The Securities and Exchange Commission (SEC) has until mid-March 2025 to approve or reject these filings. If approved, these ETFs could pave the way for increased institutional investment in Solana, driving its price higher.   Read more: VanEck Files for First Solana ETF in the U.S.: A Potential Game-Changer?    Is There a Futures-Based Solana ETF? A futures-based Solana ETF isn't currently available to trade on any U.S. market, but there are ETF-like products investors can buy, including the Grayscale Solana Trust (GSOL), which is a closed-end fund, and VanEck Solana, which is an exchange-traded note (ETN).   Will the Market Get a Solana ETF? The recent approval of spot Ethereum ETFs has fueled speculation about a Solana ETF; however, that does not automatically translate into approval of other crypto ETFs.   “It’s unlikely that the approval of ETH will result in a large wave of approvals,” Ophelia Snyder, co-founder and president of 21.co — a sponsor and subadvisor for ARK Invest’s spot ether ETF — told Cointelegraph.   The future of a Solana ETF depends on regulatory decisions and how Solana addresses potential centralization issues. U.S. politics may also weigh into the decision and timeline of the next crypto ETF.    For example, Bloomberg analyst Eric Balchunas told etf.com that the Ethereum ETF approval was likely fast-tracked by former president and current Republican presidential nominee frontrunner Donald Trump’s statement at a May 8 rally, saying, “If you’re pro-crypto, you have to vote for Trump.” Balchunas added that “the Dems don’t want to be seen as anti-crypto anymore.”   The imminent launch of the first spot Ether ETFs has opened the floodgates for more crypto exchange-traded products, including a potential Solana-based ETF. The first batch of spot Ether ETFs will pave the way for more crypto ETFs, according to Eric Balchunas, a senior ETF analyst at Bloomberg.   Circle Mints $250M USDC on Solana: A Promising Sign? On July 10, 2024, Circle, a prominent stablecoin issuer, minted $250 million worth of USDC on the Solana blockchain. This significant influx has bolstered market optimism surrounding Solana ETFs, potentially impacting the token’s price trajectory positively.   At the time of writing, Solana price is trading at $143.85, reflecting an 8.14% increase over the past week. The recent minting of USDC on Solana suggests a growing demand for the underlying asset, SOL. This move aligns with Circle’s stated mission to enhance liquidity on the Solana network, a commitment reaffirmed through this substantial injection.   Solana Price Prediction if Solana ETFs Are Approved Market indicators are aligning favorably for Solana. The Moving Average Convergence Divergence (MACD) indicator has recently experienced a bullish crossover. This occurs when the MACD line crosses above the signal line, suggesting growing positive momentum for Solana.   This bullish crossover indicates increased buying interest, which could support further price gains for Solana. The overall market sentiment is turning bullish, a crucial factor as the crypto market recovers from recent downturns.   Read more: Solana (SOL) Daily Transactions Rise 34% in June Amid Bullish Spot ETF Sentiment   Critical Support and Resistance Levels As of now, Solana is trading at $159, having rebounded from a critical support level of $126. This level has been tested multiple times over the past few months. The next significant resistance level for Solana is at $160. If Solana can breach and establish $150 as a new support floor, it could pave the way for further price increases, potentially flipping the crucial $160 resistance into support.   However, if Solana fails to hold the $126 support level, it could face significant losses, potentially dropping to $100 and invalidating the current bullish outlook.   Solana technical analysis | Source: X   Supertrend Indicator: Buy SOL at $125, But Resistance at $160?  The Supertrend indicator on the daily chart is generating a buy signal at $125.18, supporting the notion that SOL price could maintain its upward momentum. The Supertrend, which highlights trends and signals buy or sell actions, currently shows the green area below the price, indicating a bullish signal.   Additionally, the MACD indicator, which uses 12-day and 26-day moving averages to gauge trend strength, is also in positive territory. This further corroborates the bullish outlook for SOL price, suggesting that it could continue to rise towards $160, where it might face resistance.   Analyst Price Predictions: Can SOL Price Cross $950? Solana price chart | Source: TradingView    Analyst Ali Martinez recently forecasted that SOL could potentially follow a similar pattern to its 2021 breakout, with a long-term price target above $950 by the end of the current bull cycle. This optimistic projection is grounded in past performance and current market trends.   Moreover, the Fibonacci Retracement indicator identifies key support and resistance levels for SOL, offering additional insights into potential price targets. These levels are crucial for traders looking to predict future price movements and make informed decisions.   SOL price under bear, baseline, and bullish scenarios | Source: Cointelegraph   According to a report on Cointelegraph, GSR Markets suggests that Solana ETFs in the US could boost SOL price by a factor of 9. GSR's estimates range from $149 reaching over $1,320 in a bullish scenario.   What Would a Spot Solana ETF Mean for the Crypto Market? The potential approval of a spot ETF for Solana holds broader implications for the crypto market. A spot ETF allows investors to buy shares that represent actual ownership of the underlying asset, in this case, Solana. This differs from futures-based ETFs, which derive their value from contracts betting on the future price of the asset.   Approval of a spot ETF for Solana would likely increase liquidity and accessibility for institutional investors, who may have been hesitant to invest directly in cryptos due to regulatory and custodial concerns. This increased institutional participation could drive significant price appreciation for Solana and enhance its market stability. For instance, US-based spot Bitcoin ETFs have recorded over $16 billion in inflows since their launch in January, according to a news report on CoinDesk.    Conclusion The filing of the first spot ETF for Solana by VanEck and 21Shares marks a significant development for the crypto. With the SEC’s decision pending until March 2025, the anticipation surrounding these applications could contribute to short-term price volatility. However, the bullish crossover in Solana’s MACD and the potential for breaking key resistance levels suggest a positive outlook for SOL.   Investors and traders should keep a close eye on Solana price movements and market sentiment as the approval process unfolds. The introduction of a spot ETF for Solana could be a game-changer, fostering greater adoption and investment in this promising altcoin. As always, market participants are encouraged to stay informed and consider the broader market conditions.  

Donald Trump plans to release a fourth NFT collection, revealing his growing comfort and engagement with the crypto industry. Meanwhile, PolitiFi coins continue to shine in the crypto market following Trump’s assassination attempt during the weekend, after his choosing a crypto-friendly running mate, J.D. Vance.    Quick Take  Former President Donald Trump plans to release a fourth NFT collection. Trump comfort with crypto is increasing, as he continues to accept donations in digital currencies, and raises $3 million in crypto donations for his campaign. Ohio Senator J.D. Vance, a vocal advocate for the industry, was chosen as Trump's running mate, signaling a strong pro-crypto stance. The US crypto scene could witness a potential shift towards a regulated yet integrated crypto economy, with positive market reactions and legislative efforts to support the industry. Trump’s Next NFT Collection Coming Up Soon? In an interview with Bloomberg Businessweek, Trump expressed his satisfaction with the success of his previous NFT collections, which sold out quickly. "The whole thing sold out: 45,000 of the cards. And I did it three times [and] I’m going to do another one, because the people want me to do another one. It’s unbelievable spirit. Beautiful," Trump stated.   The former president had previously hinted at the possibility of another NFT collection during a gala for his mugshot NFT holders at Mar-a-Lago in May. Initially non-committal, Trump now appears more decisive, driven by the principle of supply and demand. "One did great, two did great, three did great. At some point maybe that turns around," he had mentioned back then.   A Look a Trump’s Pro-Crypto Campaign So Far  Trump's campaign began accepting crypto donations in May, and the support from the crypto community has been substantial. A report from the Wall Street Journal highlighted that out of the $331 million raised by Trump's campaign last quarter, $3 million came from crypto donations. This significant sum underscores the growing acceptance and integration of cryptocurrency in political fundraising.   Trump's growing familiarity with the crypto industry is evident from his interactions with major players at his fundraisers. "I’ve gotten to know a lot of people from the crypto industry at my fundraisers, calling them 'top-flight people'," Trump told Bloomberg Businessweek. Once a skeptic, Trump now believes that embracing crypto is essential for the United States to maintain its competitive edge, particularly against countries like China.   Read more: PolitiFi Tokens Gain Traction as Trump Survives Assassination Attempt   Pro-Crypto Running Mate Trump's selection of Ohio Senator J.D. Vance as his running mate is another clear indication of his commitment to the crypto sector. Vance, known for his pro-crypto stance, has been a vocal advocate for the industry. He has criticized the United States' "regulation by enforcement" regime and has been instrumental in drafting crypto-friendly legislation. Vance's involvement in the crypto space is not just political; he has personal investments in Bitcoin, highlighting his belief in the technology.   In 2023, Vance introduced a bill to protect banks from regulatory pressures to sever ties with crypto platforms. He has also been vocal about the SEC's aggressive actions against decentralized finance (DeFi) protocols. His draft Senate legislation is seen as even more crypto-friendly than the House’s Financial Innovation and Technology for the 21st Century Act (FIT21).   Future of U.S. Crypto The significance of a crypto-friendly White House under Trump and Vance cannot be overstated. The current U.S. regulatory environment has often been seen as stifling innovation in the crypto space. A Trump administration with a clear pro-crypto agenda could bring about much-needed regulatory clarity, enabling greater integration of blockchain technology into the financial system.   Historically, U.S. regulators have subjected blockchain protocols to arbitrary and punitive enforcement actions, resulting in a bifurcated system. This has led to a freewheeling ecosystem of unregulated Web3 protocols and slow progress among regulated institutions. The solution lies in regulatory clarity, which a Trump administration is likely to pursue.   The SEC could embrace the issuance of tokenized securities in compliance with existing disclosure requirements, while the Commodity Futures Trading Commission (CFTC) could oversee cryptocurrency spot markets and blockchain networks, including decentralized exchanges. Clear guidelines for safe and transparent dollar-backed stablecoins, like Circle’s USD Coin (USDC), could spark a proliferation of on-chain dollarization, securing America’s lead role in the digital economy.   PolitiFi Coins Continue to Trade Bullish: MAGA (TRUMP) Weekly Gains Over 36%  TRUMP price chart | Source: Coinmarketcap    Trump’s evolving stance on crypto has also impacted the performance of PolitiFi coins, especially the MAGA (TRUMP) token. Following the announcement of Vance as his running mate, these tokens saw a significant surge. The MAGA (TRUMP) token, in particular, has experienced a notable increase in value, reflecting the market’s positive reception to a pro-crypto administration.    Over the past week, the MAGA (TRUMP) token has risen by approximately 36%, currently trading at around $7.79 with a market cap exceeding $367 million. This performance underscores the strong connection between political developments and crypto market dynamics.   Read more: Donald Trump Memecoin MAGA Price Soars 64% Following Assassination Attempt   Conclusion Trump's pivot towards embracing crypto is not just about innovation but also about national security. "If we don’t do it, China is going to pick it up and China’s going to have it – or somebody else, but most likely China," Trump stated, emphasizing the strategic importance of leading in this sector.   Trump's plan to release a fourth NFT collection, his acceptance of crypto donations, and the selection of J.D. Vance as his running mate suggest a shift towards a more crypto-friendly future. With potential regulatory clarity on the horizon, the U.S. crypto industry may be on the verge of increased integration and development. Observers will closely monitor these developments as they could reshape the global crypto landscape.  Read more: Top PolitiFi Tokens to Watch During the US Presidential Elections

The Ethereum market is on the brink of a significant development that could alter its trajectory dramatically. The approval of Ethereum Spot Exchange-Traded Funds (ETFs), previously expected by July 18, is now anticipated to be announced on July 23. This delay has kept the market on edge, but the potential approval marks a pivotal moment for Ethereum and the broader cryptocurrency market.   Ethereum Price Jumps 7% Amid the High Expectation of the Spot ETF Launch   The approval of these ETFs is highly awaited, with major asset managers such as BlackRock, VanEck, and Franklin Templeton poised to receive the green light. This development signifies the U.S. Securities and Exchange Commission's (SEC) move towards mainstream financial acceptance of digital assets. As a result, Ethereum (ETH), the world's second-largest cryptocurrency by market cap, has already experienced a price increase of 7% following the  following updates from Bloomberg analysts, now trading around $3,397 as of this writing.    ETH/USDT Price Chart | KuCoin    Crypto analyst Andrew Kang predicts that ETH could rise to $3,600 pre-ETF approval due to the current market relief rally. However, he cautions that post-approval, ETH might see a decline in its ETH/BTC pair, indicating that Bitcoin could perform stronger in the short term due to underlying market dynamics, according to a report from Beincrypto.     “​​ETH heading close to $3600 pre-ETF on this relief rally. Still believe ETHBTC will be down for a while after ETF approval/launch. Bitcoin stronger than anticipated in the face of poor market structure dynamics leads me to believe that there are likely some unannounced major developments being front-run,” Kang wrote on X (Twitter).   ETH/BTC Ratio Ticks Up Above 0.5 with ETF Approval Expectation  Source: Kaiko Asset Prices.  The Ethereum spot market has cooled as traders await the ETF launch. Since the initial SEC approval, ETH prices have fallen by nearly 20%. Despite this, the ETH/BTC ratio remains elevated at 0.05, higher than the pre-approval levels of 0.045, suggesting Ethereum could outperform Bitcoin after the ETFs are launched, according to a report from Kaiko Research.   Liquidity conditions have improved, with ETH's 1% market depth consistently around $230 million, up from below $200 million before the SEC's initial approval. This increased liquidity could further improve with the official ETF launch, as seen with Bitcoin earlier in the year.   However, perpetual futures markets for ETH have shown a different trend. Funding rates have halved since May, indicating less conviction from traders, and open interest has dropped from $11 billion post-approval to current levels, reflecting uncertainty about the exact timing of the ETF launches. Implied volatility on near-term options contracts has also increased, signaling that traders are hedging against potential price swings in the short term, according to the report from Kaiko Research.   What’s the ETH Price Prediction Before and After the ETF Approval Before the ETF approval, Ethereum's price is expected to see a bullish trend. The relief rally could push ETH close to $3,600, The anticipation of the ETFs is driving positive sentiment, and any further confirmation or leaks about the approval could see this upward momentum continue. Post-approval, the market might experience a "sell the news" phenomenon. Despite the long-term positive implications of ETF approval, short-term traders might take profits, leading to a temporary dip in ETH prices. However, in the medium to long term, the increased liquidity, acceptance, and regulatory clarity provided by the ETFs are likely to support a bullish trend for Ethereum. Analysts suggest that ETH could consolidate and resume its upward trajectory, potentially reaching new highs as mainstream financial institutions and retail investors gain easier access to the cryptocurrency through these ETFs.   As per Eric Balchunas, an ETF expert at Bloomberg, trading for the ETH ETFs is expected to begin on July 23, 2024. Market analysts predict significant inflows due to the ETF approval, possibly surpassing initial expectations.   The Ethereum ETFs will commence trading just before the Bitcoin 2024 conference, which could boost interest and discussion around Ethereum. Conclusion  In conclusion, the potential approval of Ethereum Spot ETFs on July 23 marks a significant milestone. While short-term volatility is expected, the long-term outlook remains positive, with increased liquidity and broader acceptance driving Ethereum's growth in the financial markets, following the similar pattern of Bitcoin ETF approval back in January.   Read More: Ethereum Soars Past $3,300: ETF Approvals Expected This Week?     

Hello Hamster Kombat CEOs, it’s time to unlock up to 1 million coins on Hamster Kombat by finding the Daily Cipher code for July 16. Read on to find out today's answer and how to earn more free coins before the first airdrop expected later in July, according to the update from the Hamster Kombat Telegram channel. Quick Take Solve a Daily Cipher Morse code puzzle to unlock 1 million coins for July 16. Today’s cipher code is “DEX” Watch Hamster YouTube videos, check daily rewards  and complete other tasks to earn more coins in the Hamster Kombat game. What are Daily Combo and Daily Cipher in the Hamster Kombat Tap-to-Earn Game? Daily Ciphers and Daily Combos are routine tasks that CEOs need to complete to claim rewards in the viral Hamster Kombat game. Unlocking these rewards can significantly boost your in-game gold as you prepare for the upcoming Hamster Kombat airdrop and HMSTR token launch. The first airdrop is expected to come later in July, and the second one is expected in two years, according to an interview with the founders of Hamster Kombat by The Block. The tap-to-earn game has been gaining strong momentum globally, amassing a user base of 250 million players since its launch about three months ago. The CEO players are accumulating their rewards in anticipation of a potential token launch, similar to the Notcoin launch. In this guide, you’ll quickly learn how to maximize your daily bonuses, significantly boosting your rewards accumulation.   Unlock the Daily Combo cards for July 16 if you haven’t done it yet.    Now, we’ve compiled the answer for the Daily Cipher for July 16, 2024. What Is the Hamster Kombat Daily Cipher Code?  Similar to the Daily Combo Cards updated every day, the Daily Cipher is a routine task that you can leverage to unlock 1 million coins as a reward. Unlike the daily combination of three cards you need to select to solve the Daily Combo challenge, the Daily Cipher is a word you need to input into the game using the international Morse Code standards. A new cipher is released daily at 7 PM Greenwich Mean Time (GMT). Here’s how you can decode it: Daily Cipher Morse Code: How to Earn 1 Million Coins A new Daily Cipher is released every day, and solving it can earn you 1 million coins. Here’s how you can decode today’s cipher: Input a Dot (.): Tap the hamster once. Input a Dash (-): Tap and hold, then release. Input Timing: Wait at least 1.5 seconds before entering the second sequence of a letter to ensure the app recognizes it correctly. Daily Cipher Morse Code for July 16, 2024: Answer 🧑‍💻Today's Daily Cipher Morse Code: MERKLE   You can unlock today’s code using the following sequence:  D: — • •(dash dot dot) E: •(dot) X: — • • —(dash dot dot dash)   Input Timing: Wait at least 1.5 seconds before entering the second sequence of a letter to ensure the app recognizes it correctly.   More Ways to Mine Hamster Coins Here are some more ways to increase your earnings in the Hamster Kombat game:  Upgrade Your Exchange: Regularly invest in upgrades for your exchange, such as markets, PR, team, and legal enhancements. This will help you accumulate coins passively, even when you're not actively playing. Check In Frequently: Hamster Kombat allows you to accumulate free coins for up to three hours while offline. After that, you need to log in to claim your earnings and reset the timer. Regular check-ins maximize your passive coin income.  Daily Combo: Execute the Daily Combo by selecting the correct set of cards each day. This can earn you up to 5 million coins daily. Invite Friends: Some tasks and card unlocks are gated behind inviting friends to join the game. Successfully getting friends to start playing can unlock additional earning opportunities and help you complete daily tasks that may require a certain number of referrals. Daily Rewards: Participate in the game's daily rewards system. These can range from a few hundred coins to millions, depending on the day. Consistently claiming these rewards without missing a day increases your earnings significantly. Social Media Engagement: Follow Hamster Kombat's official social media channels, such as Twitter, Facebook, and YouTube. Completing tasks related to these platforms, like watching videos or engaging with posts, can earn you additional coins.  By leveraging these methods, you can significantly boost your coin earnings in Hamster Kombat, setting yourself up for a larger in-game treasury and increasing your chances of benefiting from the upcoming HMSTR token airdrop. Bookmark for Daily Updates Bookmark this page with the #Hamster Kombat hashtag, which you can find at the bottom of this post. Check in daily to ensure you never miss out on your Daily Cipher and Daily Combo rewards. Conclusion Use this guide to effectively unlock the Hamster Kombat Daily Cipher reward and boost your gameplay. As you unlock more rewards and mine more coins, you can level up in the game, upgrade your exchange, and potentially boost your chances of earning more crypto when the Hamster token airdrop goes live.   Before you go, you can also trade Hamster Kombat (HMSTR) tokens on the KuCoin Pre-market trading platform ahead of the official token launch on the spot market.   Read More: Hamster Kombat Daily Cipher for July 15, Answers   

Ethereum has recently topped the $3,300 mark, with industry analysts tipping the approval of spot Ethereum exchange-traded funds (ETFs) this week, according to a report from BeInCrypto. This surge is fueling optimism among investors, with some predicting substantial price increases in the near future.   Quick Take  Ethereum hits $3,300 amid ETF approval speculations. Nate Geraci and other analysts predict imminent approval of spot ETH ETFs. Institutional interest in Ethereum grows as ETF approval nears, inflows crossed $72 million last week. Analyst Predicts Spot Ethereum ETF Approval This Week  Spot ETH ETF approval soon? | Source: X   Nate Geraci, president of The ETF Store, voiced his expectations on social media, indicating that the launch of spot ETH ETFs could be imminent. "Welcome to spot ETH ETF approval week," he tweeted, expressing confidence that there is no reason for further delays.   Geraci's sentiment is echoed by an anonymous source who told Cointelegraph that these ETFs are expected to launch by the end of this week. This aligns with recent filings by issuers like VanEck and 21Shares, who have amended their registrations in anticipation of the Securities and Exchange Commission (SEC) giving the final nod.   Read more: Spot Ethereum ETFs Will Be Fully Approved by Summer: SEC Chair Gensler   Ethereum Inflows Cross $72 Million Last Week In anticipation of the ETF launch, Ether has seen substantial inflows, totaling over $72.1 million in the past week, second only to Bitcoin. This indicates strong investor confidence and a positive outlook for Ethereum’s future performance.   Thomas Perfumo, Head of Strategy at Kraken, believes that the spot ETFs could bring in an additional $1 billion monthly inflow into Ethereum. This new demand could push Ethereum past its all-time high of $4,900, reaching new heights above $5,000.   Geraci and other industry leaders have noted a growing interest in Ethereum among institutional investors. This interest is partly driven by the potential ETF approval and Ethereum's robust fundamentals. Matt Hougan from Bitwise Asset Management mentioned on CNBC’s ETF Edge that the minimal amendments required in recent filings indicate that approval could be just around the corner.   Geraci emphasized that the demand for Ethereum ETFs could mirror the success of Bitcoin ETFs. He stated, “Spot Bitcoin ETFs were the most successful ETF launch in the industry’s history. Spot Ethereum ETFs could be the second most successful launch ever.”   Ethereum Price Rallies Past $3,300  The price of Ether (ETH) has seen a significant rally, currently trading at $3,331, marking a 16% increase from $2,909 over the past week. This surge is a strong indicator of the market's positive outlook on the potential ETF launch as well as an overall positive market sentiment since the weekend by the Trump effect.   Tom Dunleavy, a managing partner at MV Global, believes the approval of spot ETH ETFs could attract up to $10 billion in new inflows. This, according to him, could propel Ether to new all-time highs by the end of the year. Dunleavy highlights that traditional investors might find ETH ETFs more appealing than Bitcoin ETFs due to Ethereum's functionality and cash flows.   Ethereum Price Performance: $3,350 Next?  ETH/USDT price chart | Source: TradingView    Market analysts are optimistic about Ethereum’s price performance in the wake of the anticipated ETF approval. Daan Crypto, a prominent trader, suggested that the approval could be a bullish catalyst for ETH, predicting it would reach $3,350 soon. Michaël van de Poppe, founder of MN Trading, echoed this sentiment, indicating that the Ethereum ETF could enhance its market dominance.   On-chain analytics and fundamentals point to a continued bullish sentiment among investors. Ethereum's price action, which has lagged behind Bitcoin for the past 18 months, is expected to rebound quickly once the ETFs launch.   Read more: Ethereum Climbs Above $3,100 Amid Whale Activity and Upcoming ETF Approval   Ethereum Technical Analysis From a technical perspective, Ethereum is showing strong bullish indicators. The daily candlestick chart reveals that Ethereum is closing its third consecutive bullish daily candle for the first time since June. The crypto is also attempting a break above the 100 SMA, which, if successful, could solidify its bullish momentum.   Solana ETFs After Ethereum ETF Launch?  The launch of spot Ethereum ETFs could set a precedent for other crypto ETFs. Recently, the Chicago Board Options Exchange (CBOE) filed for the trading of spot Solana ETFs, with issuers like VanEck and 21Shares leading the charge. This move, however, awaits SEC approval, which could take until 2025.   Read more: VanEck Files for First Solana ETF in the U.S.: A Potential Game Changer?   Conclusion Ethereum's recent performance and the anticipation of ETF approvals highlight a pivotal moment for the crypto market. Investors and analysts alike are closely watching for the SEC's final decision, which could mark a significant development for Ethereum and its place in the financial world.   As we move into the new week, the focus remains on the SEC's decision regarding the spot Ethereum ETFs. While industry analysts and market conditions seem to favor approval, it is essential to remain cautious. The potential ETF launch could boost Ether's price and reshape the broader crypto market by attracting substantial institutional interest and investment. However, investors should be aware of the inherent risks and market volatility associated with cryptocurrencies and stay informed to make prudent investment decisions.  

An assassination attempt on former President Trump at a rally boosts the crypto market, with Bitcoin rising by 4% and PolitiFi Tokens gaining momentum and touching nearly $1 billion in market cap.   Quick Take The top PolitiFi coins hold a market cap of over $900 million, showing a 3.7% decline in the last 24 hours after rallying past $1 billion over the weekend. Bitcoin price surges above $62,000, sparking market recovery. MAGA (TRUMP) shows a breakout, gaining as much as 64% over the weekend before stabilizing. A recent assassination attempt on former United States President Donald Trump during an election rally in western Pennsylvania has sent shockwaves through both political and financial spheres. The incident, which occurred on Saturday, involved a bullet grazing the upper part of Trump’s right ear. Despite the violence, Trump, known for his pro-crypto stance, had a positive ripple effect on the crypto market, with PolitiFi Tokens showcasing strong momentum.   Following the news, Bitcoin saw a 5% increase, surpassing the $62,000 threshold after a week-long slump. Concurrently, the global cryptocurrency market capitalization escalated by 4.2% to stabilize at $2.41 trillion, with a significant 24-hour trading volume of $69.6 billion.   Amidst this political turmoil, PolitiFi Tokens provide a fresh buying opportunity. Trump’s speech at the upcoming Bitcoin 2024 conference is now expected to have a more profound impact on the market.   MAGA (TRUMP) Sees 40% Weekly Gains  MAGA (TRUMP) price chart | Source: KuCoin    The MAGA (TRUMP) cryptocurrency, also known as MAGA Memecoin, is a satirical token inspired by former U.S. President Donald Trump’s famous campaign slogan, “Make America Great Again.”   Amid the recent market upswing, the TRUMP price correction bottomed at $5 and rebounded utilizing an ascending trendline in daily charts. The dynamic support intact since March 2024 prevents the asset from a major correction and provides suitable accumulation points.   The bullish turnaround uplifted the MAGA Coin to $9.37 before dipping to $7.47, registering a 40% growth weekly, while the market cap stands at $348 million. The rising price recently breached the downsloping trendline, signaling the end of the correction trend. The post-breakout rally can bolster buyers to rechallenge the all-time high of $17.8.   Read more: Donald Trump Memecoin MAGA Price Soars 64% Following Assassination Attempt   Other Trump-Based Memecoins Also Rally  Top PolitiFi memecoins’ market cap and trading volume | Source: CoinGecko    Trump’s election odds on prediction markets and several other Trump-themed memecoins soared following an assassination attempt on the former president while he was speaking on stage at a rally in Butler, Pennsylvania.   Several other Trump-themed memecoins also rallied on the news. Solana-based memecoin Tremp (TREMP) jumped more than 63% in the hour following the news, while another memecoin dubbed MAGA Hat (MAGA) briefly spiked 21% within the same timeframe.   Trump was speaking on stage at a rally in Butler, Pennsylvania, when several shots were fired from an unknown direction. Trump clutched his ear as the shots sounded, dropping to the ground as US Secret Service agents rushed to protect him.   While being whisked off the stage by his security detail, Trump asked them to pause while he raised his fist and shouted toward the crowd.   An official spokesperson from Trump’s campaign told the Associated Press that the former president was “fine” following the incident and was undergoing medical treatment at a local facility.   “President Trump thanks law enforcement and first responders for their quick action during this heinous act,” spokesman Steven Cheung said in a statement. “He is fine and is being checked out at a local medical facility. More details will follow.”   Read more: Top PolitiFi Tokens to Watch During the US Presidential Elections   Trump’s Election Odds Soar on Polymarket 2024 election forecast on Polymarket | Source: Polymarket    Speculators on the Ethereum-based prediction market Polymarket were quick to place their bets as well, with Trump’s odds of clinching a victory in the upcoming election jumping from 60% to 68% immediately after the assassination attempt, according to Polymarket data.   Meanwhile, President Joe Biden’s predicted odds of winning reelection fell from 30% to 15%. Trump now stands as the clear favorite on the prediction market, with overall odds of 70% compared to just 15% for Biden and 9% for Vice President Kamala Harris.   Trump, formerly a skeptic of cryptocurrencies, has changed his tune on Bitcoin and other digital assets in recent months. On June 14, Trump declared he would bring an end to the Biden administration’s “war on crypto” if elected president.   This was not the first time Trump had criticized Biden for his harsh stance on crypto while on the campaign trail. On May 26, he argued that the US must not settle for anything but the top place in the crypto industry.   Trump Reportedly 'In Good Spirits,’ Will Still Attend Nashville BTC Conference Former United States President Donald Trump still plans to speak at the Bitcoin Conference in Nashville, Tennessee, despite having survived an assassination attempt on July 13 in Pennsylvania. This, according to David Bailey, one of the event's organizers and the CEO of Bitcoin Magazine.   Bailey posted the news on X.com on the morning Friday, July 14 stating that he’d “just spoken with the President’s team,” referring to Trump, and that the former president was “in good spirits.” He added that Trump was “excited to see you all in Nashville and deliver a speech that is heard around the world.”   The former president committed to speaking at the conference earlier in the week, prior to the assassination attempt. The event runs from July 25 through July 27, with Trump slated to speak on July 27.   Conclusion The assassination attempt on former President Donald Trump has not only stirred political waters but also impacted the cryptocurrency market significantly. Bitcoin's surge past $62,000 and the notable gains in PolitiFi tokens like MAGA (TRUMP) highlight the intertwined nature of political events and market dynamics. As Trump continues to influence the market with his pro-crypto stance, investors are eyeing potential opportunities in PolitiFi tokens, particularly with the upcoming Bitcoin 2024 conference. However, it is crucial to approach these investments with caution. The volatility of the cryptocurrency market, exacerbated by political events, poses significant risks. Prices can fluctuate wildly, and what might seem like a lucrative opportunity can quickly turn into a loss. Always perform thorough research and consider the inherent risks before diving into the crypto market.

Hello Hamster Kombat CEOs, it’s time to unlock up to 1 million coins on Hamster Kombat by finding the Daily Cipher code for July 15. Read on to find out today's answer and how to earn more free coins expected later in July, according to the update from the Hamster Kombat Telegram channel. Quick Take Solve a Daily Cipher Morse code puzzle to unlock 1 million coins for July 15. Today’s cipher code is “MERKLE” Watch Hamster YouTube videos, check daily rewards  and complete other tasks to earn more coins in the Hamster Kombat game. What Is Hamster Kombat Tap-to-Earn Telegram Mini-App? Hamster Kombat has taken the crypto world by storm and is now one of the most successful tap-to-earn games on Telegram. Players can step into the role of a CEO of their own crypto exchange. Hamster Kombat has quickly gained traction by offering a fun and rewarding experience with its daily bonuses, especially in countries like Nigeria, the Philippines, and Russia. According to The Block, this viral game has attracted over 250 million players since its launch about three months ago.   Daily Ciphers and Daily Combos are routine tasks that CEOs need to complete to claim rewards. These activities have a large following and high engagement on TikTok, Twitter, and other social platforms.Unlocking these rewards can significantly boost your in-game gold as you prepare for the upcoming Hamster Kombat airdrop and HMSTR token launch. The first airdrop is expected to come later in July, and the second one is expected in two years, according to an interview with the founders of Hamster Kombat by The Block.   In this guide, you’ll quickly learn how to maximize your daily bonuses, significantly boosting your rewards accumulation.   Unlock the Daily Combo cards for July 15 if you haven’t done it yet.    Now, we’ve compiled the answer for the Daily Cipher for July 15, 2024. What Is the Hamster Kombat Daily Cipher Code?  Similar to the Daily Combo Cards updated every day, the Daily Cipher is a routine task that you can leverage to unlock 1 million coins as a reward. Unlike the daily combination of three cards you need to select to solve the Daily Combo challenge, the Daily Cipher is a word you need to input into the game using the international Morse Code standards. A new cipher is released daily at 7 PM Greenwich Mean Time (GMT). Here’s how you can decode it: Daily Cipher Morse Code: How to Earn 1 Million Coins A new Daily Cipher is released every day, and solving it can earn you 1 million coins. Here’s how you can decode today’s cipher: Input a Dot (.): Tap the hamster once. Input a Dash (-): Tap and hold, then release. Input Timing: Wait at least 1.5 seconds before entering the second sequence of a letter to ensure the app recognizes it correctly. Daily Cipher Morse Code for July 15, 2024: Answer 🧑‍💻Today's Daily Cipher Morse Code: MERKLE   You can unlock today’s code using the following sequence:  M: -- (dash dash) E: • (dot) R: •-• (dot dash dot) K: -•- (dash dot dash) L: •-•• (dot dash dot dot) E: • (dot)   Input Timing: Wait at least 1.5 seconds before entering the second sequence of a letter to ensure the app recognizes it correctly. More Ways to Mine Hamster Coins Here are some more ways to increase your earnings in the Hamster Kombat game:  Upgrade Your Exchange: Regularly invest in upgrades for your exchange, such as markets, PR, team, and legal enhancements. This will help you accumulate coins passively, even when you're not actively playing. Check In Frequently: Hamster Kombat allows you to accumulate free coins for up to three hours while offline. After that, you need to log in to claim your earnings and reset the timer. Regular check-ins maximize your passive coin income.  Daily Combo: Execute the Daily Combo by selecting the correct set of cards each day. This can earn you up to 5 million coins daily. Invite Friends: Some tasks and card unlocks are gated behind inviting friends to join the game. Successfully getting friends to start playing can unlock additional earning opportunities and help you complete daily tasks that may require a certain number of referrals. Daily Rewards: Participate in the game's daily rewards system. These can range from a few hundred coins to millions, depending on the day. Consistently claiming these rewards without missing a day increases your earnings significantly. Social Media Engagement: Follow Hamster Kombat's official social media channels, such as Twitter, Facebook, and YouTube. Completing tasks related to these platforms, like watching videos or engaging with posts, can earn you additional coins.  By leveraging these methods, you can significantly boost your coin earnings in Hamster Kombat, setting yourself up for a larger in-game treasury and increasing your chances of benefiting from the upcoming HMSTR token airdrop. Bookmark for Daily Updates Bookmark this page with the #Hamster Kombat hashtag, which you can find at the bottom of this post. Check in daily to ensure you never miss out on your Daily Cipher and Daily Combo rewards. Conclusion Use this guide to effectively unlock the Hamster Kombat Daily Cipher reward and boost your gameplay. As you unlock more rewards and mine more coins, you can level up in the game, upgrade your exchange, and potentially boost your chances of earning more crypto when the Hamster token airdrop goes live.   Before you go, you can also trade Hamster Kombat (HMSTR) tokens on the KuCoin Pre-market trading platform ahead of the official token launch on the spot market.   Read More: Hamster Kombat Daily Cipher for July 14, Answers   

In a remarkable turn of events, the price of the MAGA (TRUMP) memecoin skyrocketed 64% following an assassination attempt on former President Donald Trump. The memecoin surged from $6.31 to $10.36, pushing the total market capitalization of the coin from $293 million to $469 million within 30 minutes​, according to a report from Fast Company. Trump's Crypto Endorsement Boosts Memecoin The incident occurred amidst Trump's recent embrace of cryptocurrencies. Earlier this week, Trump's campaign announced it would accept donations in major cryptocurrencies like Bitcoin, Ether, Dogecoin, and Shiba Inu. This endorsement has significantly influenced the memecoin's recent performance​, a report from the Fast Company​. MAGA Memecoin Rise 64% amid the Assasination Attempt  The MAGA memecoin, despite not being officially affiliated with Trump, has seen a notable increase in interest and trading volume, often spiking in response to major events related to Trump. The coin's trading volume increased by 620% over the past 24 hours, reflecting the heightened activity and speculation in the market​. The token jumps 64% after the assassination attempt and is currently trading at $8.7. Analysts advise caution for investors of the memecoin, which is usually speculative and volatile.   MAGA Price Trends | Source: CoinMarketCap    Trump's Election Odds Soar to 70% on Polymarket Speculators on the Ethereum-based prediction market Polymarket were quick to place their bets as well, with Trump's odds of clinching a victory in the upcoming election jumping from 60% to 68% immediately following the assassination attempt, per Polymarket data. Trump's overall odds of being elected President now stand at 70%, compared to just 15% for Biden and 9% for Vice President Kamala Harris. This sharp increase reflects a growing sentiment among traders that Trump is the clear favorite nominee on the prediction market​​.   Source: Polymarket  Meanwhile, current President Joe Biden's predicted odds of winning the election fell dramatically in the same timeframe, dropping from 30% to 15% in just one hour. This decline underscores the significant impact the assassination attempt had on the perceived political landscape​. Trump, formerly a skeptic of cryptocurrencies — saying on several occasions that Bitcoin was “like a scam" — has changed his tune drastically on Bitcoin and other digital assets in recent months. On June 14, Trump declared he would bring an end to the Biden administration's "war on crypto" if elected President. This was not the first time Trump had criticized Biden for his harsh stance on crypto while on the campaign trail. On May 26, he took aim at Biden, arguing that the US must not settle for anything but the top place in the crypto industry​, according to the report from The Daily Hodl​. The Intersection of Politics and Cryptocurrency The recent surge in the MAGA memecoin highlights the intersection of politics and cryptocurrency, where major political events and endorsements can have immediate and significant impacts on market dynamics. Read More: Top PolitiFi Tokens to Watch During the US Presidential Elections  

The crypto market never fails to surprise, and June 2024 is no exception.  PolitiFi meme coins are making headlines with their marked price surge during the presidential election . These tokens blend political intrigue and offer potential returns, but their speculative and volatile nature makes them high-risk assets. Here's a look at the trending PolitiFi meme coins you should watch this month.   Quick Take  TrumpCoin (DJT) surged by over 442% in the last 24 hours. This dramatic increase followed a report claiming former President Donald Trump is behind the token, sparking immense interest and trading volume. Trump-linked tokens experienced a significant market crash. Despite DJT's surge, other Trump-themed tokens like MAGA Again (MAGAA) and Trump Mania (TMANIA) saw steep declines, with some losing over 50% of their value. A new PolitiFi memecoin, Solciety (SLCTY), launched on June 18. Solciety is set to hit the market with a unique platform combining political satire and meme culture, attracting degens and meme enthusiasts alike. PolitiFi tokens remain speculative but highly engaging. These tokens offer no official political affiliations and lack practical utility, yet they continue to captivate investors with their potential for significant returns, especially with the U.S. Presidential Election approaching. What Are PolitiFi Coins?  PolitiFi coins are memecoins themed around political figures and ideologies, such as Donald Trump. While whether Trump can still run for president is under controversy, these political-themed meme coins combine political engagement with the crypto world. You can trade these tokens like other cryptocurrencies. However, they don't have official ties to the politicians they represent. These tokens are highly speculative and mostly driven by community interest and current events. If you invest in PolitiFi tokens, you should be prepared for high volatility and risks.   At the time of writing, CoinGecko lists 37 PolitiFi tokens on its platform with a combined market cap of nearly $1.2 billion.    Top PolitiFi Meme Tokens Ranked Here's a closer look at the top PolitiFi tokens dominating the market based on their market cap and popularity:    PEOPLE/USDT price chart | Source: KuCoin   MAGA (TRUMP): The largest PolitiFi token by market cap, valued at over $412 million. It is based on Donald Trump's "Make America Great Again" slogan and has seen rapid growth due to its strong community support. ConstitutionDAO (PEOPLE): A political DAO with impressive growth, currently holding a market cap of approximately $441 million. It was originally created to buy an original copy of the U.S. Constitution and has since maintained a strong presence in the PolitiFi space. Jeo Boden (BODEN): The leading Biden-themed token with a market cap of around $91 million. It represents a satirical take on President Joe Biden, appealing to those on the other side of the political spectrum. MAGA Hat (MAGA): A meme coin inspired by Trump’s iconic hat, with a market cap of about $83 million. It thrives on the visual symbol of Trump’s campaign, making it a popular choice among meme coin enthusiasts. Doland Tremp (TREMP): A top performer on the Solana network, boasting a market cap of $73 million. This token is another playful misspelling of Trump’s name, capturing the attention of the crypto community. Super Trump (STRUMP): A multi-chain Trump token valued at around $36 million. It operates on both Ethereum and Solana, offering unique tokenomics that appeal to Trump supporters and crypto investors alike. Tooker Kurlson (TOOKER): Based on Tucker Carlson, this token has a market cap of about $21 million. It leverages the popularity of the TV personality to attract a politically engaged audience. MAGA VP (MVP): Offers passive rewards linked to Trump’s VP pick, with a market cap of $8 million. This token stands out by providing holders with rewards in the form of other PolitiFi tokens. BABYTRUMP (BABYTRUMP): A micro-cap meme coin, valued at $2.8 million. It features a baby version of Donald Trump, making it a humorous yet risky investment option. Kennedy Coin (BOBBY): Supports Robert F. Kennedy Jr.’s movement and has a market cap of $4.5 million. It aims to fund Kennedy's legal defense and other related activities, appealing to his supporters.  TrumpCoin (DJT) Price Surge Catches the Eye – The Wild Ride The Solana-based memecoin TrumpCoin (DJT) recently grabbed attention with a massive surge of more than 442% in just 24 hours. This spike followed a report from Pirate Wires claiming that Donald Trump is behind the token. The news has sent shockwaves through the PolitiFi market, causing other Trump-themed tokens to plummet.   Read more: DJT Memecoin on Solana Soars Over 1,000% on Trump Crypto Rumors   Is Trump Launching His Official Crypto?  Pirate Wires reported on June 17 that Trump is launching an official token, TrumpCoin (DJT), with his son Barron spearheading the project. However, doubts about Trump’s involvement persist. Mike Solana, Pirate Wires' editor-in-chief, shared the smart contract address but admitted he hasn't spoken to Trump directly. He also speculated that Trump might deny involvement or pivot the project entirely.   Market Impact Despite the buzz, Trump’s team has not confirmed his involvement in DJT. Crypto community members, including Messari founder Ryan Selkis, remain skeptical. Selkis stated there's a "50-50" chance that DJT could be legitimate or a deceitful scheme. Polymarket gives only a 17% chance of Trump's involvement.   Fallout on Other Trump-Linked Memecoins The surge of TrumpCoin (DJT) has led to a significant market crash for other Trump-themed tokens. Tokens like MAGA Again (MAGAA), Trump Mania (TMANIA), Doland Tremp (TREMP), trumpie (TRUMPIE), and MAGA (Trump) experienced steep losses in the last 24 hours.   MAGAA: Plummeted over 57% TMANIA: Dropped more than 51% TRUMPIE: Fell by 38% TREMP and TRUMP: Both lost over 30% Solciety (SLCTY) – The New Entrant in the PolitiFi Sector Solana-based Solciety (SLCTY), launched on June 18, is positioned as an emerging player in the memecoin market. Focusing on political satire and meme culture, Solciety seeks to introduce new dynamics to the meme coin landscape.   Solciety’s Unique Features Meme Campaigner Tool: Allows users to create or tweak meme coins using over 200 character traits. AR Fusion: Merges meme moments with the real world, creating a buzz and rewarding token creators. Presale: Offers 30% of the total supply, with 3 billion tokens available at a starting price of $0.0015 per SLCTY. Are PolitiFi Meme Coins a Good Investment?  PolitiFi tokens are speculative and highly volatile. They offer no official affiliation with political figures and lack practical utility. However, the potential for significant returns exists, especially with the upcoming U.S. Presidential Election. Investing in a diversified portfolio of PolitiFi tokens could yield sizable gains, but it's crucial to approach with caution and only invest what you can afford to lose.   How to Buy PolitiFi Coins PolitiFi tokens with large market caps and good liquidity are available on centralized exchanges like KuCoin. For others, you'll need to use decentralized exchanges. Here’s a quick guide:   Buy Established Coins: Purchase ETH or SOL, depending on the network of the PolitiFi token you wish to buy. Transfer to a Private Wallet: Move your coins to a compatible crypto wallet like MetaMask or Phantom. Connect to a Decentralized Exchange: Use platforms like Uniswap or Raydium to trade for PolitiFi tokens. Conclusion PolitiFi tokens like TrumpCoin (DJT), MAGA (TRUMP), and the upcoming Solciety (SLCTY) offer highly volatile opportunities in the crypto market for gains, but with high levels of risk. While highly speculative, these tokens blend political themes with the fast-paced world of crypto, making them an interesting area to watch in June 2024.    Stay informed and invest wisely as the PolitiFi token market continues to expand and captivate the crypto community.  

Hello Hamster Kombat CEOs, it’s time to unlock up to 1 million coins on Hamster Kombat by finding the Daily Cipher code for July 14. Read on to find out today's answer and how to earn more coins in the Hamster Kombat Telegram game. Quick Take Solve a Daily Cipher Morse code puzzle to unlock 1 million coins for July 14. Today’s cipher code is “TRUST” Watch Hamster YouTube videos, check daily rewards  and complete other tasks to earn more coins in the Hamster Kombat game. What Is Hamster Kombat Tap-to-Earn Telegram Mini-App? Hamster Kombat has taken the crypto world by storm and is now one of the most successful tap-to-earn games on Telegram. Players can step into the role of a CEO of their own crypto exchange. Hamster Kombat has quickly gained traction by offering a fun and rewarding experience with its daily bonuses, especially in countries like Nigeria, the Philippines, and Russia. According to The Block, this viral game has attracted over 250 million players since its launch about three months ago.   Daily Ciphers and Daily Combos are routine tasks that CEOs need to complete to claim rewards. These activities have a large following and high engagement on TikTok, Twitter, and other social platforms.Unlocking these rewards can significantly boost your in-game gold as you prepare for the upcoming Hamster Kombat airdrop and HMSTR token launch.    New CEOs of the game might find it challenging to unlock the 6 million coins you can earn by solving Daily Cipher and Daily Combo initially. However, with this guide, you’ll quickly learn how to maximize your daily bonuses, significantly boosting your rewards accumulation.   If you want to unlock the Daily Combo cards for July 14, find it here: Hamster Kombat Daily Combo for July 14   Now, we’ve compiled the answer for the Daily Cipher for July 13, 2024. What Is the Hamster Kombat Daily Cipher Code?  Similar to the Daily Combo Cards updated every day, the Daily Cipher is a routine task that you can leverage to unlock 1 million coins as a reward. Unlike the daily combination of three cards you need to select to solve the Daily Combo challenge, the Daily Cipher is a word you need to input into the game using the international Morse Code standards. A new cipher is released daily at 7 PM Greenwich Mean Time (GMT). Here’s how you can decode it: Daily Cipher Morse Code: How to Earn 1 Million Coins A new Daily Cipher is released every day, and solving it can earn you 1 million coins. Here’s how you can decode today’s cipher: Input a Dot (.): Tap the hamster once. Input a Dash (-): Tap and hold, then release. Input Timing: Wait at least 1.5 seconds before entering the second sequence of a letter to ensure the app recognizes it correctly. Daily Cipher Morse Code for July 14, 2024: Answer 🧑‍💻Today's Daily Cipher Morse Code: TRUST    You can unlock today’s code using the following sequence:  T: — R: • — • U: • • — S: • • • T: — Input Timing: Wait at least 1.5 seconds before entering the second sequence of a letter to ensure the app recognizes it correctly. More Ways to Mine Hamster Coins Here are some more ways to increase your earnings in the Hamster Kombat game:  Upgrade Your Exchange: Regularly invest in upgrades for your exchange, such as markets, PR, team, and legal enhancements. This will help you accumulate coins passively, even when you're not actively playing. Check In Frequently: Hamster Kombat allows you to accumulate free coins for up to three hours while offline. After that, you need to log in to claim your earnings and reset the timer. Regular check-ins maximize your passive coin income.  Daily Combo: Execute the Daily Combo by selecting the correct set of cards each day. This can earn you up to 5 million coins daily. Invite Friends: Some tasks and card unlocks are gated behind inviting friends to join the game. Successfully getting friends to start playing can unlock additional earning opportunities and help you complete daily tasks that may require a certain number of referrals. Daily Rewards: Participate in the game's daily rewards system. These can range from a few hundred coins to millions, depending on the day. Consistently claiming these rewards without missing a day increases your earnings significantly. Social Media Engagement: Follow Hamster Kombat's official social media channels, such as Twitter, Facebook, and YouTube. Completing tasks related to these platforms, like watching videos or engaging with posts, can earn you additional coins.  By leveraging these methods, you can significantly boost your coin earnings in Hamster Kombat, setting yourself up for a larger in-game treasury and increasing your chances of benefiting from the upcoming HMSTR token airdrop. Bookmark for Daily Updates Bookmark this page with the #Hamster Kombat hashtag, which you can find at the bottom of this post. Check in daily to ensure you never miss out on your Daily Cipher and Daily Combo rewards. Conclusion Use this guide to effectively unlock the Hamster Kombat Daily Cipher reward and boost your gameplay. As you unlock more rewards and mine more coins, you can level up in the game, upgrade your exchange, and potentially boost your chances of earning more crypto when the Hamster token airdrop goes live.   Before you go, you can also trade Hamster Kombat (HMSTR) tokens on the KuCoin Pre-market trading platform ahead of the official token launch on the spot market.   Read More: Hamster Kombat Daily Cipher for July 13, Answers   

Hello Hamster Kombat CEOs, it’s time to unlock up to 1 million coins on Hamster Kombat by solving the Daily Cipher for July 13. Read on to find out today's answer and how to earn more coins in the Hamster Kombat Telegram game. Quick Take Solve a Daily Cipher Morse code puzzle to unlock 1 million coins for July 13. Today’s cipher code is “BLOCK” Watch Hamster YouTube videos, check daily rewards  and complete other tasks to earn more coins in the Hamster Kombat game. What Is Hamster Kombat Tap-to-Earn Telegram Mini-App? Hamster Kombat has taken the crypto world by storm and is now one of the most successful tap-to-earn games on Telegram. Players can step into the role of a CEO of their own crypto exchange. Hamster Kombat has quickly gained traction by offering a fun and rewarding experience with its daily bonuses, especially in countries like Nigeria, the Philippines, and Russia. According to The Block, this viral game has attracted over 250 million players since its launch about three months ago.   Daily Ciphers and Daily Combos are routine tasks that CEOs need to complete to claim rewards. These activities have a large following and high engagement on TikTok, Twitter, and other social platforms.Unlocking these rewards can significantly boost your in-game gold as you prepare for the upcoming Hamster Kombat airdrop and HMSTR token launch.    New CEOs of the game might find it challenging to unlock the 6 million coins you can earn by solving Daily Cipher and Daily Combo initially. However, with this guide, you’ll quickly learn how to maximize your daily bonuses, significantly boosting your rewards accumulation.   If you want to unlock the Daily Combo cards for July 13, find it here: Hamster Kombat Daily Combo for July 13   Now, we’ve compiled the answer for the Daily Cipher for July 13, 2024. What Is the Hamster Kombat Daily Cipher Code?  Similar to the Daily Combo Cards updated every day, the Daily Cipher is a routine task that you can leverage to unlock 1 million coins as a reward. Unlike the daily combination of three cards you need to select to solve the Daily Combo challenge, the Daily Cipher is a word you need to input into the game using the international Morse Code standards. A new cipher is released daily at 7 PM Greenwich Mean Time (GMT). Here’s how you can decode it: Daily Cipher Morse Code: How to Earn 1 Million Coins A new Daily Cipher is released every day, and solving it can earn you 1 million coins. Here’s how you can decode today’s cipher: Input a Dot (.): Tap the hamster once. Input a Dash (-): Tap and hold, then release. Input Timing: Wait at least 1.5 seconds before entering the second sequence of a letter to ensure the app recognizes it correctly. Daily Cipher Morse Code for July 13, 2024: Answer 🧑‍💻Today's Daily Cipher Morse Code: BLOCK    You can unlock today’s code using the following sequence:  B: — • • • L: • — • • O: — — — C: — • — • K: — • — Input Timing: Wait at least 1.5 seconds before entering the second sequence of a letter to ensure the app recognizes it correctly.   More Ways to Mine Hamster Coins Here are some more ways to increase your earnings in the Hamster Kombat game:  Upgrade Your Exchange: Regularly invest in upgrades for your exchange, such as markets, PR, team, and legal enhancements. This will help you accumulate coins passively, even when you're not actively playing. Check In Frequently: Hamster Kombat allows you to accumulate free coins for up to three hours while offline. After that, you need to log in to claim your earnings and reset the timer. Regular check-ins maximize your passive coin income.  Daily Combo: Execute the Daily Combo by selecting the correct set of cards each day. This can earn you up to 5 million coins daily. Invite Friends: Some tasks and card unlocks are gated behind inviting friends to join the game. Successfully getting friends to start playing can unlock additional earning opportunities and help you complete daily tasks that may require a certain number of referrals. Daily Rewards: Participate in the game's daily rewards system. These can range from a few hundred coins to millions, depending on the day. Consistently claiming these rewards without missing a day increases your earnings significantly. Social Media Engagement: Follow Hamster Kombat's official social media channels, such as Twitter, Facebook, and YouTube. Completing tasks related to these platforms, like watching videos or engaging with posts, can earn you additional coins.  By leveraging these methods, you can significantly boost your coin earnings in Hamster Kombat, setting yourself up for a larger in-game treasury and increasing your chances of benefiting from the upcoming HMSTR token airdrop. Bookmark for Daily Updates Bookmark this page with the #Hamster Kombat hashtag, which you can find at the bottom of this post. Check in daily to ensure you never miss out on your Daily Cipher and Daily Combo rewards. Conclusion Use this guide to effectively unlock the Hamster Kombat Daily Cipher reward and boost your gameplay. As you unlock more rewards and mine more coins, you can level up in the game, upgrade your exchange, and potentially boost your chances of earning more crypto when the Hamster token airdrop goes live.   Before you go, you can also trade Hamster Kombat (HMSTR) tokens on the KuCoin Pre-market trading platform ahead of the official token launch on the spot market.   Read More: Hamster Kombat Daily Cipher for July 12: Code to Earn 1 Million Coins  

Solana (SOL) has seen a significant increase in on-chain activity recently, with daily transactions rising by 34% in June, according to a report on Crypto News. This surge comes amid speculation surrounding the potential launch of Spot Solana ETFs. VanEck and 21Shares were the first to file for these ETFs, igniting early-stage excitement among investors.   Quick Take  VanEck and 21Shares file for Spot Solana ETFs, sparking investor excitement, and driving Solana price to $153. Daily transaction volume increased by 34% in June. Solana dominates 25% of DEX trading volume and ranks fourth in NFT sales, as per data on The Block. VanEck made the initial move by filing for a Spot Solana ETF. Not long after, 21Shares followed suit. The filings have created a buzz in the crypto community, with many anticipating the possible outcome of these proposed crypto funds.   Read more: VanEck Files for First Solana ETF in the U.S.: A Potential Game Changer?   Why a Solana ETF Makes Sense Cboe Exchange confirmed that VanEck intends to introduce a Solana-based Exchange-Traded Fund (ETF). Matthew Sigel, VanEck’s Head of Digital Assets Research, clarified that the choice of Solana over XRP was driven by technical and regulatory factors. He emphasized that no single entity holds control over 20% of the Solana network or has the capacity to halt the chain, underscoring the importance of decentralization.   Challenges of Spot XRP ETFs Addressing the potential for an XRP ETF, Sigel identified two main challenges: internal convention and customer demand. These factors make XRP a less likely candidate for consideration. The ETF decision-making process involves multiple stakeholders, including exchanges, market makers, and custodians, who engage in complex deliberations.   Ethereum vs. Solana: ETFs Solana market dominance | Source: VettaFi    Sigel noted that the decentralization characteristics and blockchain structure of both Ethereum (ETH) and Solana (SOL) are similar. This aspect is crucial for asset managers, as the SEC has frequently highlighted decentralization in its crypto assessments. Matthew Sigel expressed confidence in the prospects of a Solana ETF, despite the challenges posed by the lack of a regulated futures market. He highlighted VanEck’s successful deployment of Solana ETFs in Europe, which positions them advantageously in navigating regulatory hurdles and market dynamics for innovative financial products.   A recent review identified the existence of a federally-regulated futures market as a key criterion for an asset to be considered for ETF approval. Currently, only Bitcoin (BTC) and Ethereum (ETH) meet this requirement. Sigel pointed out that several ETFs in the market do not have a significant futures market, suggesting this precedent might facilitate the approval of the first Solana ETF in the US.   Sigel outlined the steps necessary for bringing a Solana ETF to market, emphasizing the need for regulatory clarity. He indicated that once a SOL ETF is established, issuers might explore ETFs for other proof-of-stake coins. Over time, the foundational elements could lead to the development of top 5 or top 3 ETFs.   Read more: Solana vs. Ethereum: Which Is Better in 2024?   Political Impact on Solana ETFs A senior Bloomberg ETF analyst, Eric Balchunas, highlighted the political implications of the Solana ETF approval. The final deadline for approval is mid-March 2025, with the outcome of the U.S. presidential election in November playing a crucial role. If President Joe Biden is re-elected, the ETFs are likely “dead on arrival.” Conversely, if former President Donald Trump wins, the approval of Solana ETFs becomes more probable.   Solana Price Surges to $153 on ETF News SOL/USDT price chart | Source: KuCoin    The news of the Spot Solana ETF filings had an immediate positive impact on Solana’s price. After dropping from a June high of $175 to a monthly low of $124, Solana’s price shot up to $153 following the ETF news. This excitement has led to a significant increase in on-chain activity.   On-Chain Activity Surge Solana’s daily transaction volume increased from 32.7 million at the start of June to 43.8 million by the end of the month, marking a 34% growth. The Block also reports the highest non-vote transactions on Solana in the past two years. Additionally, Solana claimed 25% of trading volume in the decentralized exchange (DEX) market, recording $38.4 billion in June and ranking fourth in NFT sales.   Read more: Solana Flips Ethereum in Daily Active Addresses in June: CMC H1 2024 Report   Despite the recent spike in activity, Solana is trading at $135 as of this writing. The cryptocurrency has shown a 620% growth in the past year, and the ongoing buzz about Spot Solana ETFs is set to push it higher.   Solana’s Market Sentiment Remains Bullish for the Long Term The sentiment around Solana remains neutral according to analysts. The token’s circulating supply is 463.962 million SOL, with a total supply of 579.994 million SOL. The token’s market cap is $67.08 billion, making it the 5th largest cryptocurrency in the global market. The traded volume of Solana was worth $1.8 billion in the last 24 hours, with a market cap dominance of 2.97%.   Solana has shown resilience by rebounding from a recent low, advancing by 20%. Despite trading below its 50-day EMA, indicating short-term bearish pressure, the 50-day and 200-day EMAs suggest a long-term bullish sentiment. Technical indicators show mixed signals, with a neutral sentiment overall. The market awaits further developments, especially with the potential impact of the upcoming Solana ETF.   Solana Token Unlocks Solana token allocation and token unlock progress | Source: Coinmarketcap    Solana’s 89.56% of tokens are unlocked, resulting in 662.73 million SOL, with 77.27 million Solana tokens still locked. The fully diluted market cap of Solana is worth $83.186 billion, and 8.53% of the token supply is distributed among Solana’s team.   Conclusion VanEck’s decision to pursue a Solana-based ETF reflects a strategic approach influenced by technicalities and regulatory considerations. The emphasis on decentralization and the potential to navigate existing regulatory frameworks are central to this initiative. As the cryptocurrency landscape evolves, VanEck’s efforts to introduce a Solana ETF underscore the dynamic nature of the market and the ongoing quest for regulatory clarity. This development highlights the broader trend of integrating blockchain technology into mainstream financial products, paving the way for future innovations in the ETF space.    

BNB Chain, formerly known as Binance Smart Chain, has made headlines not only for its rapid growth but also for the losses incurred due to hacks and rug pulls. A recent report by Immunefi, a leading on-chain crowdsourced security platform, highlights how BNB Chain has lost $1.6 billion to hacks and rug pulls since its inception in 2017. Of this, $1.27 billion resulted from hacks and $368 million from rug pulls.    Quick Take  $1.64 billion lost to hacks and rug pulls on BNB Chain since 2017, according to Immunefi research. Immunefi's report reveals 168 hacks and 228 fraud incidents since BNB Chain's inception. $368 million attributed to rug pulls, marking BNB Chain as the primary target. Immunefi, a leading on-chain security platform, protects over $190 billion in user funds. It comprises a massive community of whitehat hackers who identify and responsibly disclose vulnerabilities, ensuring the safety of blockchain projects. Immunefi's comprehensive report, Hacking Deep Dive: BNB Chain, sheds light on the volume of crypto funds lost on BNB Chain since its inception.   BNB Chain: Hacks vs. Rug Pulls An overview of hacks and rug pulls on BNB Chain: 2020-2024 | Source: Immunefi   Hacks have been the predominant cause of losses on the BNB Chain. The report identifies 168 specific hacking incidents, totaling $1,279,930,833, since 2017.    On the other hand, fraud and rug pulls account for $368,176,135 across 228 incidents during the same period Rug pulls, a type of fraud where project creators abscond with investors' funds, have plagued the network, making BNB Chain the primary target for such malicious activities. This stark contrast underscores the persistent vulnerability of BNB Chain to both hacks and fraudulent activities.   Yearly Overview of Losses: Over $900M Lost in 2022 Alone 2020: $27.6 million 2021: $505.1 million 2022: $911.9 million 2023: $165.5 million 2024: $38.0 million (YTD) The majority of losses were recorded in 2022, with a total of $911 million across 147 cases. This was followed by $505 million in 2021 and $165 million in 2023. Despite the significant losses, there has been a downward trend in recent years, attributed to enhanced security measures.   Major Hacks and Rug Pulls in BNB Chain Ecosystem Top 10 BNB Chain ecosystem losses | Source: Immunefi    Several major incidents have marked BNB Chain's troubled journey:   Venus Protocol: In May 2021, a price manipulation attack on Venus Protocol's native token led to a $200 million loss. Qubit Finance: In January 2022, hackers exploited QBridge, resulting in an $80 million loss. Uranium Finance: An automated market maker platform lost $50 million in April 2021 due to a code calculation error. DeFiAI Rug Pull: In November 2022, the DeFiAI project executed a $40 million rug pull, highlighting the persistent threat of such frauds. BNB Chain’s $1.6B vs. Ethereum’s $3.6B Losses Frauds vs. rug pulls in BNB Chain and Ethereum ecosystems | Source: Immunefi    While BNB Chain faces severe challenges, it is not alone. Ethereum, the second-largest blockchain, has also experienced considerable losses. However, the nature of these losses differs. Ethereum's total losses amount to $3.6 billion, but only 4.4% is due to rug pulls. In contrast, BNB Chain's rug pulls account for a more substantial percentage of its total losses.   Despite Ethereum's higher total losses, BNB Chain has recorded nearly 4.5 times more fraud cases. Since 2020, Ethereum has observed 50 fraud cases totaling $161 million, while BNB Chain has seen 228 cases amounting to $304 million. Most fraud losses on BNB Chain occurred in 2022, highlighting the network's ongoing battle against fraudulent activities.   Why Is BNB Chain Vulnerable to Rug Pulls?  BNB Chain's susceptibility to rug pulls can be attributed to several factors:   Forked Code: Developers often use forked code, which introduces vulnerabilities. Quick-Profit Allure: The community's attraction to quick-money schemes makes it an easy target for scammers. Security Measures: Despite improvements, security remains a concern, drawing bad actors due to BNB Chain’s vast ecosystem and high on-chain activity levels. Impact of Hard Forks To counter these vulnerabilities, BNB Chain implemented several hard forks, including ZhangHeng, Plato, and Hertz. These updates aimed to patch security gaps and enhance network robustness. The result was a noticeable decline in losses, with 2023 and 2024 seeing significant reductions.   Key Strategies for Mitigating Rug Pulls Preventing rug pulls requires a multi-faceted approach:   Thorough Research: Investors must diligently research projects, examining their digital presence, roadmaps, and teams. Security Measures: Projects should showcase legitimate security measures, such as third-party audits and bug bounty programs. Community Engagement: A strong, engaged community can signal project legitimacy. Active participation in the project's development and accountability is crucial. Watch for Red Flags: Signs of potential rug pulls include false audit claims, centralized token control, inactive community engagement, and unrealistic return promises. Conclusion Despite the challenges, BNB Chain's efforts to secure its network are yielding positive results. The implementation of hard forks and proactive measures have reduced losses, although the threat of rug pulls remains. Investors must stay vigilant, and projects must prioritize security to build a more resilient blockchain ecosystem.  

Ethereum shows resilience above $3,100 amid significant whale activity and the anticipated approval of a spot Ethereum ETF. Tron founder Justin Sun leads the accumulation, while technical indicators suggest bullish potential despite market volatility.   Quick Take  Ethereum price holds steady above $3,100.  Massive whale activity, particularly by Justin Sun who purchased ETH worth $5 million. Potential spot Ethereum ETF approval within two weeks drives significant Ethereum accumulation and deposits on exchanges. Justin Sun's Massive $5M Ethereum Purchase Justin Sun’s ETH accumulation | Source: X   Tron founder Justin Sun has been actively buying Ethereum. On-chain data provider Spot on Chain reported that Sun spent $5 million USDT to acquire 1,614 ETH at $3,097 per token. Since February 8, he has accumulated 362,751 ETH across three wallets, totaling an estimated $1.1 billion at an average price of $3,047 per ETH. Additionally, Sun recently deposited 45 million USDT to Binance, suggesting potential future acquisitions.   Read more: Spot Ethereum ETFs by July? SEC Chair Gensler Confirms Progress on Approval   Whale Activity Before Spot Ethereum ETF Approvals Justin Sun's significant purchases worth $5 million come ahead of the anticipated spot Ethereum ETF approval, expected by the end of July. Alongside Sun's activity, other whales have been moving substantial amounts of ETH. Elwood Technologies has also been active, depositing 26,811 ETH worth over $84 million to Binance in the last three days, though some addresses related to Elwood have withdrawn 24,463 ETH during the same period.   However, Golem, which raised 820,000 ETH through an ICO in 2016, has been selling off ETH. Golem (GLM) is a decentralized computing network that allows users to rent out their unused computing power to others who need it for various tasks. Often described as the "Airbnb for computers," Golem aims to create a global supercomputer accessible to anyone. The project was founded by Julian Zawistowski, Piotr Janiuk, and Andrzej Regulski and launched its ICO on November 11, 2016, raising 820,000 ETH in under 30 minutes, equivalent to approximately $8.6 million at the time​.    They transferred 40,000 ETH to an address and deposited 3,000 ETH worth $9.3 million to Binance, Bitfinex, and Coinbase recently. Golem has deposited about 32,000 ETH to exchanges in the past six days. However, Golem has stopped selling and is now staking 40,000 ETH, according to a report on FXStreet.   Ethereum Faces Key Resistance Level At $3,200  ETH/USDT price chart | Source: KuCoin    Despite massive whale activity, Ethereum's price remains steady above $3,100. Technical indicators suggest that the bottom might be in. ETH's price is up 2.3% as investors buy the dip, anticipating a rally following the spot ETH ETF launch.   Ethereum faces key resistance at $3,200. Currently trading around $3,140, up 1.2%, ETH's total liquidations in the past 24 hours are at $33.58 million. The long and short ratio has increased to 0.989, indicating a reduction in bearish sentiment. However, the Fear and Greed Index remains at 29, showing persistent market fear despite increasing whale accumulation.   Crypto fear and greed index | Alternative.me    On the downside, the $2,800 to $2,852 level remains key support. In the short term, ETH could bounce off the $3,064 level, where $3.32 million ETH longs risk liquidation.   Into The Block's data shows that over 5.6 million addresses broke even after ETH reached $3,000, potentially leading to some selling. However, a catalyst like the ETH ETF launch could prevent such a move. ETH may face resistance at $3,200, with approximately 2 million addresses likely to sell if they break even.   Accumulation and Staking Activity Increaes Ahead of ETH ETF Approval Ethereum new accumulation addresses | Source: CryptoQuant    Data from CryptoQuant shows increased Ethereum accumulation, with investors viewing the dip as a buying opportunity. Some of these purchases have flowed into staking platforms. The Ethereum 2.0 staking contract now holds 47.36 million ETH, about 34% of ETH's entire supply, more than tripling its holdings from 11% in 2022.   As the potential launch of spot ETH ETFs nears, investors are adjusting their portfolios. Bitwise Chief Compliance Officer Katherine Dowling confirmed that the launch is "close to the finish line." The SEC approved spot ETH ETF issuers' 19b-4 filings in May but needs to greenlight their S-1s before trading can begin.    Wall Street's Take on Cryptocurrency ETFs Wall Street is preparing for new cryptocurrency ETFs, with spot ether ETFs potentially hitting the market soon, pending SEC approval. Bitwise Asset Management's Matthew Hougan views this as the birth of a new asset class. He expects these ETFs to attract significant investment, mirroring the success of spot bitcoin ETFs, which have garnered about $15 billion since their launch.   “If you want to invest in the growth of tokenization, ethereum is like the picks and shovels play,” Mathew Hougan of Bitwise Asset Management said. “It underpins all of it. … I think that is going to appeal to a lot of people.”   Conclusion Ethereum is showing resilience amid market volatility and significant whale activity. With the anticipated spot Ethereum ETF approval, the market is gearing up for potential bullish momentum. Investors and traders are closely watching key resistance and support levels as ETH continues its steady climb. However, market conditions remain uncertain, and potential investors should consider the inherent risks and conduct thorough research before making any investment decisions.  

Masa, a decentralized AI network, has launched an AI Data Subnet on Bittensor, revolutionizing the decentralized production of artificial intelligence. This strategic move enables Masa to utilize Bittensor’s peer-to-peer machine intelligence network to enhance AI data aggregation, transformation, and access.   Quick Take Masa introduces its AI Data Subnet on Bittensor, leveraging the decentralized network to enhance AI data aggregation, transformation, and access. Masa pioneers a dual-token reward structure in the Bittensor Subnet Ecosystem, offering rewards in $MASA and $TAO to incentivize contributors. Bittensor's native token, TAO, has seen a price increase of over 10% in the past 24 hours, reflecting growing interest and investment in AI and blockchain integration. Masa Joins Bittensor’s $10B Ecosystem Since its launch in March 2023, Bittensor has built a $10 billion AI ecosystem. Institutional validators like Foundry and Polychain have collectively staked $1.8 billion worth of $TAO. Bittensor’s network operates through specialized sub-networks, each dedicated to different AI areas. With its sophisticated TAO economic model, Bittensor incentivizes high-value AI subnets, making it a key player in decentralized AI (DeAI).   Masa is a decentralized AI network where people earn by contributing data. AI developers can build anything, anywhere with the world’s data. Masa allows global contributions of data and compute for AI development without centralized control. Contributors, including validators and workers, earn rewards based on the value they add to the network. This game-theoretical framework ensures an effective system that drives growth and the equitable expansion of Fair AI.   Masa and Bittensor communities can run a Masa worker node from low-power devices, contributing compute and bandwidth from anywhere. This broad participation ensures a decentralized and fair contribution to AI development.   Masa’s Impact on Bittensor Bittensor circulating supply and trading volume | Source: Benzinga    Masa’s ecosystem, with over 1.6 million contributors and 100 developers, is expected to significantly enhance Bittensor's performance and utility. Brendan Playford, Co-founder of Masa, believes that Bittensor’s potential could surpass Ethereum’s growth due to the rapid expansion of Decentralized AI.   TAO Price Spikes by Over 10%  TAO/USDT price chart | Source: KuCoin    TAO’s price increased by 15.02% over the past 24 hours to $262.59. Despite a 7.0% loss over the past week, the current market cap ranking for TAO is #50 at $1.84 billion. The trading volume has increased by 87.0% over the past week, with a circulating supply of over 7.02 million. TAO’s bullish structure over the past week reflects the growth and interest in AI tokens within the cryptocurrency market.   Masa’s Dual-Token Reward Structure Masa’s token, $MASA, becomes the first and only live token in the Bittensor ecosystem. Masa Protocol and Bittensor Subnet participants can earn dual-token staking rewards in $MASA and $TAO. The Masa Foundation will use TAO from operating the subnet to support $MASA through buybacks or distributions.   Democratizing AI Development Masa provides real-time and static data critical for AI development from various sources like Twitter, Discord, and Google Search. Real-time data can be used for building robust datasets or directly in system prompts. Static datasets, constantly updated and stored by subnet workers, fuel Retrieval Augmented Generation (RAG) in AI agents.   Masa’s annotated data sets are processed using fine-tuned LLMs trained on various formats, delivering high-quality outputs. AI developers use Masa data for diverse applications, such as capturing trading signals and building hyper-personalized AI companions.   Masa has raised $18 million, backed by DCG, Anagram, Republic Digital, and Animoca, and was incubated by Binance and Hashkey.   Crypto Market’s AI Sector Expected to Cross $10B by 2030 The launch of Masa’s subnet has generated momentum in decentralized AI. Evan Malanga, VP Strategy at DCG, supports Masa’s advancement in decentralized and broader AI development. This aligns with DCG’s belief in the power of decentralized technologies.   The AI sector in the crypto industry is projected to reach $10.2 billion in revenue by 2030. Centralized AI is expected to hold a market share value of $1.8 trillion by 2030. However, there is a clear demand for decentralized players to prevent monopolization by centralized entities.   Conclusion The collaboration between Masa and Bittensor could introduce advancements in decentralized AI development. Masa’s dual-token reward structure is designed to democratize AI and promote an equitable contribution system. As the AI sector expands, Masa’s involvement with Bittensor and its impact on the broader AI community is expected to be notable, potentially fostering a future where AI development is community-driven. However, as with any emerging technology, there are inherent risks and uncertainties. It is important for stakeholders to stay informed and carefully consider these factors when engaging with decentralized AI projects.  

As the crypto market gears up for what could be the biggest bull run in history, investors are focusing on promising altcoins. Among the top contenders are Kaspa (KAS), NEAR Protocol (NEAR), Solana (SOL), Toncoin (TON), and TRON (TRX). These projects are capturing investor interest and showing serious potential for massive gains.   Quick Take  Kaspa (KAS) reached an all-time high, showcasing strong investor interest and a bullish outlook for its future. NEAR Protocol (NEAR) is driving growth with AI-focused initiatives, enhancing its technological capabilities and user experience. Solana (SOL) maintains stability with swift transaction processing and solid infrastructure, attracting a robust developer and investor base. Toncoin (TON) offers scalability and ease of use, being created by Telegram and favored for its low transaction costs. TRON (TRX) is a prominent player in decentralized digital entertainment, consistently growing its network activity and value. Kaspa (KAS) Hits a New All-Time High KAS/USDT price chart | Source: KuCoin    Kaspa (KAS) is making waves with its privacy-focused blockchain platform. On June 30, Kaspa hit an all-time high price of $0.19. This peak highlighted significant investor interest, signaling Kaspa’s path to major growth this year.   Kaspa’s unique attributes include fast transaction speeds and efficient, stateless money solutions. The platform also boasts a rising hash rate and a growing number of miners, indicating increasing interest and profitability in mining Kaspa. Recently, Marathon Digital announced its intention to mine $16 million worth of KAS, further boosting confidence in Kaspa’s future prospects.   Despite a recent correction, Kaspa remains robust with a strong buying pressure indicated by its RSI. Analysts project Kaspa could see a 100x increase from its current price, potentially reaching $18 by June 2029. This optimism is fueled by significant institutional inflows from entities like Fidelity and Ark Investment, indicating a strong foundation for future growth.    NEAR Protocol (NEAR) Focusing on AI NEAR Protocol crosses 450 million transactions | Source: Flipside on X   NEAR Protocol (NEAR) has seen substantial growth in token price and transaction volumes since early 2024. The launch of innovative features like Chain Signatures and the integration of HERE Wallet with Telegram have significantly enhanced NEAR Protocol’s accessibility and user experience.   NEAR Protocol’s focus on AI has been a key driver of its growth. Initiatives like the NEAR.AI R&D Lab aim to improve consensus algorithms, enhance security, and introduce new economic models. These advancements make NEAR Protocol a standout in the blockchain space.   With over 450 million transactions and 12.3 million unique addresses, NEAR Protocol has captured significant market attention. The recent surge in transactions and new addresses has positively impacted NEAR’s price, positioning it for potential upward movement. The Money Flow Index and MACD indicators suggest a bullish trend, with increased user engagement driving market sentiment.   Solana (SOL): The Top Challenger to Ethereum  Solana (SOL) is known for its swift transaction processing and solid infrastructure. As a Layer 1 solution, Solana has built a large following, showcased by its vibrant ecosystem and the increasing number of developers crafting decentralized apps.   Despite recent market fluctuations, Solana has maintained a stable price. It currently stands at $141, reflecting a 5% rise since yesterday and a substantial 612% increase over the last year. Solana's position as the fifth-largest cryptocurrency by market cap highlights its significant investor trust and potential for further gains this summer.    ​​The Coinmarketcap H1 2024 report reveals that Solana has surpassed Ethereum in daily active addresses, reaching over 1.6 million in June 2024 compared to Ethereum's 450,000. This shift is driven by the rising popularity of Solana's memecoins. Solana's ecosystem has seen faster growth in new token listings and significant gains in its memecoin market cap, highlighting its growing influence.    Read more: Solana Flips Ethereum in Dai;y Active Addresses in June: CMC H1 2024 Report    The potential launch of a spot Solana ETF could further drive its value. If approved, such an ETF could push Solana’s price up to $1,300, mirroring the financial trajectory seen with Bitcoin’s own ETF developments. This anticipated approval underscores the growing institutional interest in Solana and its long-term potential.   Read more: VanEck Files for First Solana ETF in the U.S.: A Potential Game Changer?    Jump Crypto is offering a bug bounty program for the upcoming Firedancer validator client, with a reward pool of $1 million paid in USDC. Participants have a chance to earn up to $1 million by finding bugs in Firedancer, aimed at improving Solana's network performance. Firedancer, led by Cantelope Peel, is expected to play a crucial role in Solana's network by processing transactions efficiently. Implemented in C and C++, Firedancer aims to increase the speed of the Solana network and is actively being tested for optimal performance.   Toncoin (TON): Boosting Web3 Adoption with Telegram Games Toncoin spot volume rises | Source: Santiment   Toncoin (TON), created by Telegram, offers advanced layer-1 infrastructure with low transaction costs and quick processing speeds. This platform caters effectively to a broad audience, distinguishing itself through its scalability and ease of use. The Open Network (TON) has enjoyed a surge in TVL and adoption amid the rising popularity of Telegram-based crypto games, including Notcoin, Hamster Kombat, TapSwap, and Pixelverse. Boasting millions of players, each of these games has the potential to onboard several web2 users into the web3 world. The TON blockchain’s integration with Telegram helps the ecosystem enjoy the most uptick as these games move into the crypto space and launch their respective tokens. While Notcoin had around 35 million players at the time of the NOT token launch, Hamster Kombat already boasts over 239 million users before the upcoming HMSTR TGE and airdrop.    The price of Toncoin is currently $7.59, with a 5% increase within the last day and a 4% gain this month. Over the last year, Toncoin has surged by 451%, marking it as a promising investment. Toncoin's position as the eighth-largest cryptocurrency by market cap indicates its strong market trend and potential for high returns.   TRON (TRX): A Decentralized Entertainment Leader TRON’s average daily transactions climb steadily | Source: TRONScan    TRON (TRX) has emerged as a prominent player in the decentralized digital entertainment sector. Over the past year, TRON’s value has increased by 67%, drawing significant investor attention. The platform's expanding Total Value Locked (TVL) demonstrates its growing role in the decentralized finance (DeFi) ecosystem.   TRX trades at $0.13 with a market capitalization of $11 billion, positioning it as the 11th largest cryptocurrency. This strong market position reflects robust investor confidence and potential for further growth in the upcoming bull run.    Conclusion As the summer progresses, keep an eye on these altcoins. Their innovative approaches and expanding user bases could lead to significant market gains. However, always remember that investing in cryptocurrencies carries risks. Market volatility and macroeconomic factors can impact prices, so it's crucial to conduct thorough research and consider your risk tolerance before investing.