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  • VanEck Files for Solana ETF, SOL Rises 8% ↗️

VanEck Files for Solana ETF, SOL Rises 8% ↗️

BTC Spikes as Betting Markets Favor Trump During Debate with Biden, Coinbase Sues SEC & FDIC for Clarity on Crypto Rules, First Appearance of A-FORCE, and more!

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Traci Smith & Mike Cullison
June 28, 2024

GM 💡 June is wrapping up quickly! It’s time to dive into our weekly recap + our Top 30 Trending Coins. How did you do this week?

In Today’s Crypto World:

  • VanEck Files for Solana ETF, SOL Rises 8% ↗️

  • Coinbase Sues SEC & FDIC for Clarity on Crypto Rules 💼

  • BTC Spikes as Betting Markets Favor Trump During Debate with Biden 📈

  • Gainers & Newbies 👀

  • First Appearance of A-FORCE 🅰️

  • BTC Cycle Master 🚀

OWLGO’S NEWS NEST
3 TRENDING HEADLINES 💡

VanEck Files for Solana ETF, SOL Rises 8%

The filing is the first Solana ETF to be filed in the U.S. and follows six days after a similar product filing in Canada.

www.coindesk.com

Coinbase sues SEC and FDIC for clarity on crypto rules

Cryptocurrency exchange Coinbase takes legal action against U.S. regulators for transparency and fair regulation.

finance.yahoo.com

Bitcoin spikes as betting markets favor Trump during debate with Biden

Bitcoin's price spiked as high as 1.1% during a heated presidential debate that saw Donald Trump widen the gap between him and current President Joe Biden on betting markets.

cointelegraph.com

DEGEN PLAYS
GAINERS & NEWBIES 👀 

*Market insights are updated daily.

VEVE & NFT
FIRST APPEARANCE OF A-FORCE 🅰️

CHART OF THE DAY
BTC CYCLE MASTER 🚀

Indicator Overview

Bitcoin Cycle Master is a combination of on-chain metrics including Coin Value Days Destroyed and Terminal Price. They are able to identify where Bitcoin price is valued relatively within its cycles. Historically those cycles have been approximately every 4 years and correlate with Bitcoin Halving events. There is no guarantee that will continue to be the case in the future, and the metrics that make up Bitcoin Cycle Master track actual economic behavior on the Bitcoin blockchain.

Bitcoin Cycle Master can identify periods of increased risk when transaction behavior on-chain is indicative of major cycle highs. It also identifies areas of value opportunity where on-chain transaction behavior signals major cycle lows. 

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

HOOT’S OF ENLIGHTENMENT
WHAT IS MATIC? 💡

MATIC is the native token of Polygon, a protocol and framework for building and connecting Ethereum-compatible blockchain networks. Key points include:

  1. Scalability: Polygon significantly enhances transaction throughput, reducing congestion on the Ethereum network.

  2. Low Fees: It offers lower transaction fees compared to Ethereum, making it cost-effective for users.

  3. Interoperability: Polygon enables seamless interaction between different blockchains, enhancing cross-chain functionality.

  4. Security: Utilizes a robust proof-of-stake consensus mechanism to secure the network.

  5. Developer-Friendly: Provides a suite of tools and frameworks, simplifying dApp development and deployment.

These features make MATIC a powerful solution for scaling and enhancing the Ethereum ecosystem, offering users and developers a more efficient, cost-effective, and versatile blockchain experience. 

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

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DAILY MEMES 🤣

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/