Trump in talks to speak at Bitcoin convention; Jump Crypto President Kanav Kariya steps down amid CFTC investigation!

GM anon ☕🐺

In today’s Alpha Bytes👇

Trump is in talks to speak at the Bitcoin convention in July. Jump Crypto President Kanav Kariya stepped down four days after CFTC investigation reports. Tether is discontinuing support for EOS and Algorand, ends USDT minting on both blockchains. Bitcoin miner Hut 8 gets a $150M investment from Coatue to advance the AI infrastructure market. $BLAST is coming soon to the BybitSpot Trading Platform with @Blast_L2 🗓 Listing: Jun 26, 3PM UTC.

BTC $60,777 (-2.45%), ETH $3,362 (-0.41%), SOL $135.62 (+8.55%)

Crypto News 📰

• US spot bitcoin ETFs log $174M in net outflows as bitcoin price struggles

• Riot nominates three independent directors to Bitfarms board in latest takeover salvo

• Crypto exchange Kraken adds support for Copper's ClearLoop

• RWA platform Swarm Markets to offer tokenized gold via NFTs as MiCA stablecoin rules begin

• Elon Musk deep fakes scammed crypto users on YouTube over the weekend

• TON ecosystem flooded with phishing attacks, SlowMist warns

• Biden administration reinstates Carole House as crypto policy adviser

• Fears of mass altcoin delistings spread in South Korea

• Jason Derulo faces backlash over meme coin promotion amid rug pull allegations

• CoinShares secures 116% return from FTX claim sale

• European Central Bank releases first CBDC progress update

• Louisiana’s new crypto law protects node operators, bans CBDC

Project Updates 🔥 

• Berachain liquid staking protocol Infrared raises funds from Binance Labs in token round

• Announcement @FarcanaOfficial

• Introducing @BubblyFinance

• Aave DAO signals unanimous support for deploying on ZKsync in community vote

• Tether Announces Strategic Transition to Prioritize Community-Driven Blockchain Support

• Second wave of $ZK claims live  

• Rabby Points Season 2 claim to end on June 30th

• Avantis do another cap raise

Threads 🧵 

• State of Crypto + AI 2024

• Tapioca Explained: Part 2 - Tokenomics and Flows

• The State of Polygon

• The Native Yield Berachain L2: a Fugazi or a Possibility?

• Solana's ZK Compression

Launches 🚀 

• @XeonProtocol

• Epoch Island

• Stable Jack has officially launched!

• Genesis DAO presale

• ONI DEX debuts a multi-chain ecosystem, launchpads, and innovative earning mechanisms

Fundraise 💰

• @BinanceLabs invested in @InfraredFinance

• SoSoValue is announcing a closed seed funding round, raising $4.15M!

• Verida raises $5M

• @decentlandlabs raised $3M in seed funding  

• Decentralized AI network Allora raises $3M ahead of mainnet launch

Airdrops🪂

• Blast introduces Blast Foundation ahead of the $BLAST airdrop

Videos 🎥

• Bitcoin price is crashing!!!

• Bitcoin and crypto crash!!!

• Why Germany is selling billions of bitcoin

Analysis 📊

• Bitcoin - Ultimate 2025 target + Name your coin

• Bitcoin: A moment of truth for bulls inverse head and shoulder

• BTC: high probability of 60600 and can go down to 51800

Indices📈

• CoinDesk 20: June 24, 2024 - June 25, 2024

• Binance CMC 2024/06/25

That's a wrap for today!

Join our smol research channel to share crypto insights and help us empower the crypto community👇