Global

According to Token Unlocks data, Space ID, a platform for Web3 domains and identity services, is poised to release over $55 million worth of ID tokens on June 22, 2024, constituting 18% of its circulating supply.

Since the recent approval of spot Ether exchange-traded funds (ETFs) in the United States, there has been a significant withdrawal of Ether from centralized crypto exchanges (CEXes), totaling over $3 billion worth.

The Shiba Inu team recently issued a strong cautionary message concerning the growing number of fraudulent activities directed towards the Shibarium platform. Digarch, via X, shared a warning urging the SHIBARMY to exercise extreme caution during these turbulent periods.

Nayib Bukele, the President of El Salvador, began his second term with a pledge to tackle the nation's economic challenges with the same determination he displayed in combating gang violence during his first term. Despite controversy surrounding his re-election, Bukele, who won with over 80% of the vote, aims to heal the country's economic "ailments".

Since the approval of spot Ether exchange-traded funds (ETFs) in the United States on May 23, over $3 billion worth of Ether (ETH) has been withdrawn from centralized crypto exchanges.

According to crypto trader Peter Brandt, Bitcoin (BTC) is currently experiencing a downturn, with its price at $68,589. Brandt suggests that based on the trajectory of previous post-halving bull markets, Bitcoin could potentially peak between $130,000 to $150,000 in late August to early September.