06/06/2024
Daily Crypto News ๐๏ธ 6th June 2024
1. โ๐ ๐ผ๐ฟ๐ฒ ๐ฎ๐ป๐ฑ ๐บ๐ผ๐ฟ๐ฒ ๐ฐ๐ผ๐๐ป๐๐ฟ๐ถ๐ฒ๐ ๐ฒ๐บ๐ฏ๐ฟ๐ฎ๐ฐ๐ฒ ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป ๐๐ง๐๐โ
Today, Australia launched its first BTC ETF.
Thailand, on the other hand, approved launching the BTC ETF.
Looking at the global enthusiasm towards crypto, we can expect more countries to join shortly. ( Just Yesterday I explained Bitcoin game theory in reel )
2. โ$๐ฒ๐ฑ๐ฌ ๐บ๐ถ๐น๐น๐ถ๐ผ๐ป ๐ผ๐ณ ๐ฝ๐ผ๐๐ฒ๐ป๐๐ถ๐ฎ๐น ๐๐ฒ๐น๐น๐ถ๐ป๐ด ๐ฝ๐ฟ๐ฒ๐๐๐๐ฟ๐ฒ ๐ถ๐ป ๐๐๐ป๐ฒโ
In June, we will have many token unlocks, with the major ones including ~$100 million each from Arbitrum and Aptos.
Other significant releases involve ImmutableX, StarkNet, Optimism, and more.
Apecoin and Space ID are also unlocking large amounts this month.
๐ฏ. โ๐๐ฟ๐๐ฝ๐๐ผ ๐๐ ๐ด๐ถ๐ฎ๐ป๐๐ ๐ณ๐ผ๐ฟ๐บ ๐ฎ ๐ฝ๐ผ๐๐ฒ๐ฟ๐ณ๐๐น ๐ป๐ฒ๐ ๐ฎ๐น๐น๐ถ๐ฎ๐ป๐ฐ๐ฒโ
SingularityNET, Fetch . ai, and Ocean Protocol are merging, letting token holders swap for a new ASI token.
Token swaps start on June 11 for FET and June 13 for AGIX and OCEAN (each with specific exchange rates).
The combined entity is valued at $7.5 billion and will be led by SingularityNETโs founder and Fetch .aiโs CEO.
4. โ๐ข๐ป๐ฒ ๐ผ๐ณ ๐๐ต๐ฒ ๐น๐ฎ๐ฟ๐ด๐ฒ๐๐ ๐๐ฒ๐ฟ๐บ๐ฎ๐ป ๐ฏ๐ฎ๐ป๐ธ ๐ถ๐ ๐๐น๐ผ๐๐น๐ ๐ด๐ฒ๐๐๐ถ๐ป๐ด ๐ถ๐ป๐๐ผ ๐ฐ๐ฟ๐๐ฝ๐๐ผโ
Bitpanda, an Austrian crypto exchange, has partnered with Deutsche Bank to provide banking services for users in Germany.
The collaboration will allow Bitpanda to access German IBANs for processing fiat transactions.
Deutsche Bank is cautious about crypto partnerships and only works with regulated companies.