đš Crypto News: June 28th
- The S&P 500 and NASDAQ are both at all-time highs, while BTC and the broader crypto market are currently lagging. BTC should remain in good shape as long as it holds above $106,500. If it breaks below that level, it could signal weakness in crypto compared to traditional finance. Overall, crypto should recover and rally hard after the expected rate cuts in September. Q4 is typically bullish for altcoins and the broader crypto market. Until then, focus on preserving capital and stay patient.
- As for alts, they have mostly outperformed BTC in November and December during the last two cycles. We also saw altcoins rally against BTC in November during this cycle in 2023 and 2024. It's a matter of liquidity for alts. Alts would do well in Quantitative Easing and with Rate cuts.
- @solana staking ETF look set to launch, as the SEC said it had no further comments on @REXShares Solana Staking ETF filing
- @DriftProtocol airdrop claim will go live on 30th June for users who earned FUEL points
- Ripple and SEC end legal battle, per @bgarlinghouse. most crypto related cases have been ended in the past 6 months as the US moves towards adopting crypto
- @moonshot launched Moonshot Create, allowing users to launch memecoins with Apple Pay. it has a migration level of $1M, and has managed to attract 20% market share within the first day of launch
get amongst it!


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