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Robinhood to Acquire Bitstamp $200M CASH 💰

BNB blasts past $700, Robinhood to Acquire Bitstamp $200M Cash Deal, Semler Scientific Buys $17M More Bitcoin

AuthorAuthor

Traci Smith & Mike Cullison
June 07, 2024

GM 💡 This is Daily Gains, your one-stop shop for crypto news and updates 🔥

In Today’s Crypto World:

  • BNB blasts past $700 🚀

  • Robinhood to Acquire Bitstamp $200M Cash Deal 💰

  • Semler Scientific Buys $17M More Bitcoin 🤑

  • Gainers & Newbies 👀

  • Marvel Deadpool Drop 🩸

  • Bitcoin 200 Week Moving Avg Heatmap 🔥

OWLGO’S NEWS NEST
3 TRENDING HEADLINES 💡

BNB blasts past $700. Is there a limit to this rally?

Cointelegraph explores BNB on-chain activity and derivatives data to analyze if further upside is possible.

Breaking: Robinhood to Acquire Bitstamp Crypto Exchange in $200 Million All-Cash Deal

Robinhood Markets has announced an agreement to acquire Bitstamp Ltd cryptocurrency exchange in a $200 million all-cash deal.

Medical Device Maker Semler Scientific Buys $17 Million More Bitcoin and Is Raising Money to Purchase More

The firm currently holds 247 bitcoins and plans to expand its crypto treasury

DEGEN PLAYS
GAINERS & NEWBIES 👀 

*Market insights are updated daily.

VEVE & NFT
MARVEL’S DEADPOOL DROP 🩸

CHART OF THE DAY
INDICATOR OVERVIEW 🔥

In each of its major market cycles, Bitcoin's price historically bottoms out around the 200-week moving average.

This indicator uses a color heatmap based on the % increases of that 200-week moving average.

Depending on the month-by-month % increase of the 200-week moving average, a color is assigned to the price chart.

OWL’S EYE VIEW
Crypto Video Spotlight 🔦

HOOT’S OF ENLIGHTENMENT
What Is TON (The Open Network)

TON (The Open Network) is a high-performance blockchain platform designed by Telegram, known for its speed, scalability, and versatility. Key points include:

  1. Speed: TON can process millions of transactions per second, making it one of the fastest blockchains.

  2. Scalability: Its unique sharding technology allows the network to scale efficiently as demand grows.

  3. Versatility: TON supports a wide range of decentralized applications (dApps), smart contracts, and microtransactions.

  4. Interoperability: The platform enables seamless interaction between different blockchains and networks.

  5. User-Friendly: Integrated with Telegram, it provides a smooth and familiar user experience for messaging and transactions.

These features make TON a powerful and innovative blockchain platform.

OWLGO’S HOOT BUZZ
OWLGO’S HOT X POST 🚀

OWLGO’S LOLS
DAILY MEMES 🤣

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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.05/31/2024