Crypto News [18 June 2024]

1) Telegram’s TON blockchain eclipses Ethereum in daily users. Read more: https://t.co/u8bOeJM6Oa

2) Tether on Monday launched Alloy, a gold-backed stablecoin pegged to the US dollar. This marks the issuer’s tethered asset debut, with Alloy (aUSDT) mintable through the new platform. Read more: https://t.co/vOnNerVMEB

3) Asset manager VanEck is set to launch Australia's first-ever spot Bitcoin ETF. Read more: https://t.co/F18KqdYpib

4) Ethereum whales have been accumulating large amounts of ETH recently, despite stagnant prices. According to Santiment, the number of wallets holding over 10,000 ETH has surged by more than 3% in the past four weeks. Read more: https://t.co/g2NRv62aSP

5) Telecom giant Deutsche Telekom, which is the parent company of T-Mobile, plans to engage in Bitcoin mining. Read more: https://t.co/Q94AWnEF2Q

6) Venezuela is likely to continue using cryptocurrency as a method to bypass a new set of US sanctions. Read more: https://t.co/DpxcY3R7Y2

7) The price of Quant (QNT) has dropped nearly 5% in the past 24 hours, reflecting the broader weakness in the crypto market, with Bitcoin trading near the $65,000 level. Read more: https://t.co/NlzOTCuu4J

8) The Shiba Inu [SHIB] community predicts varied futures: some see it nearing 1 cent, others a $1 trillion market cap. Currently, SHIB trades at $0.00001903, down 9.13% with a market cap of $11.3 billion. Read more: https://t.co/HNa1HrRLkQ

9) Top 3 Coins of the Day. Solana (SOL) is bearish at $147.87, Toncoin (TON) is bullish at $8.13, and Uniswap (UNI) is strong at $10.90 with significant gains. Read more: https://t.co/40uKeb5nXG

10) LINK’s price dropped by over 11% in the last seven days. A successful breakout might allow LINK to touch $22. Read more: https://t.co/JHopRoCWZH

Note: This information is provided for informational purposes only and should not be considered financial advice.

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