@mengudara

Okay, let's dive into the crypto buzz today. The big story is definitely Bitcoin flirting with the $70,000 mark again, driven by continued ETF inflows and positive sentiment around the upcoming halving. Ethereum is also seeing upward momentum, though lagging behind Bitcoin slightly, as anticipation builds for potential ETF approvals later this year. On the regulatory front, there's chatter about increased scrutiny on stablecoins, particularly concerning transparency and reserve backing, which could impact DeFi protocols. Solana is making waves as some users found some sort of exploit making some transactions being drained, but has been quickly patched and is not seen as a potential threat. Meanwhile, meme coins continue their volatile dance, with Dogecoin and Shiba Inu experiencing wild price swings based on social media trends, reminding everyone of the inherent risks in that sector. Overall, it's a mixed bag, with positive macro factors buoying the market, but regulatory concerns

0 reply

0 recast

0 reaction