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  • Crypto Majors Plunge as Bitcoin Falls Below $66K 👎

Crypto Majors Plunge as Bitcoin Falls Below $66K 👎

SEC to Drop Investigation Into Ethereum, CleanSpark Acquires Five Bitcoin Mining Facilities in Georgia, Venomverse Reborn #1, and more!

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Traci Smith & Mike Cullison
June 19, 2024

GM 💡 Our Mid Week Recap! Your 5 Minute Read on Crypto News!

In Today’s Crypto World:

  • SEC to Drop Investigation Into Ethereum 💼

  • Crypto Majors Plunge as Bitcoin Falls Below $66K 👎

  • CleanSpark Acquires Five Bitcoin Mining Facilities in Georgia 😲

  • Gainers & Newbies 👀

  • Venomverse Reborn #1 ☠️

  • BTC Price History Chart 🤓

OWLGO’S NEWS NEST
3 TRENDING HEADLINES 💡

SEC to drop investigation into Ethereum — Consensys

The SEC is standing down its probe into Ethereum and won’t be pursuing enforcement action against Consensys.

cointelegraph.com

Dogecoin, Solana Lead Crypto Majors Plunge as Bitcoin Falls Below $66K

The lack of immediate catalysts to prop up markets in the near-term are likely weighing down token prices, one trader said.

www.coindesk.com

CleanSpark Acquires Five Bitcoin Mining Facilities in Georgia for $25.8M

CleanSpark Inc. has taken a step in its expansion strategy by acquiring five new turnkey Bitcoin mining facilities in rural Georgia.

cryptonews.com

DEGEN PLAYS
GAINERS & NEWBIES 👀 

*Market insights are updated daily.

VEVE & NFT
VENOMVERSE REBORN #1 ☠️

CHART OF THE DAY
THE BTC PRICE HISTORY CHART 🤓

The Bitcoin price history chart illustrates Bitcoin's price fluctuations from 2010 to 2024, marked by significant events known as "halvings." Each halving, indicated by red vertical lines, occurs roughly every four years and reduces the block reward for miners by half, leading to increased scarcity. The chart highlights key highs and lows during five epochs:

  • Epoch 1: Price rose from $2 to $29.

  • Epoch 2: Price peaked at $1,135, then dropped to $176.

  • Epoch 3: Reached $19,641 before falling to $3,185.

  • Epoch 4: Hit $67,542 and later declined to $15,758.

  • Epoch 5: Recently peaked at $67,550.

The halving events have historically been followed by significant price increases, showcasing Bitcoin's cyclical growth pattern.

OWL’S EYE VIEW
CRYPTO VIDEO SPOTLIGHT - WHAT IS UNISWAP? 🔦

HOOT’S OF ENLIGHTENMENT
WHAT IS AVAX? 💡

AVAX is the native token of Avalanche, a high-performance blockchain platform known for its speed, scalability, and flexibility. Key points include:

  1. High Throughput: Avalanche can process thousands of transactions per second, ensuring fast and efficient operations.

  2. Low Latency: Transactions are confirmed in seconds, providing a seamless user experience.

  3. Scalability: Its unique consensus mechanism allows the network to scale without compromising performance.

  4. Interoperability: Avalanche supports cross-chain functionality, enabling seamless interaction with other blockchains.

  5. Eco-Friendly: The platform’s consensus mechanism is energy-efficient, making it environmentally sustainable.

These features make AVAX an outstanding choice for developers and users seeking a robust, scalable, and eco-friendly blockchain solution.

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Brought To You By: DailyGainsCrypto.com 

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.05/31/202406/12/