Hakan Ateşler 
CEO Ahmad Shadid has resigned from Solana-based decentralized infrastructure provider (DePin) io.net. io.net, which previously experienced a delay in the token expected to be released in April, was finally announced as a Binance Launchpool project. The token will open for general trading on Binance tomorrow.
The critical week that will determine the direction of the Bitcoin price, at least in the short term, begins. Wednesday stands out as the most important day of the week. Both the Fed decision and inflation data will be announced on this day, which may increase volatility in cryptocurrency and financial markets. At Tesla, Elon Musk’s record compensation will be put to a vote again.
The highly anticipated non-farm payrolls and unemployment data for May were released in the US. Although the employment figure was higher than expected, unemployment was also higher than the expected 3.9%.
On-chain data platform CryptoQuant noted strong demand for Bitcoin and Ether in its weekly analysis. Noting that new Bitcoin investors are buying $1 billion a day, the company also noted that interest in US ETFs has started to grow again, and the unrealized profit rate on sales has now reset to zero.
Following the number of job openings in the US this week, which led to a rise in Bitcoin, very important data on the labor market will be announced today. Non-farm payrolls data in the US may cause increased volatility in the Bitcoin price, especially in the short term.
The value of the position of Keith Gill, nicknamed Roaring Kitty, who has seriously increased GameStop (GME) shares in the last 1 month in his posts on both X and Reddit, has increased to $586 million. Gill recently made a live broadcast notification on Youtube, which increased GME shares by nearly 50%.
An early Shiba Inu investor made a mysterious and crazy purchase earlier tonight. The investor bought $18.4 million worth of SHIB.
The fact that BNB, the Binance exchange’s own token, broke a new record last night seems to have highlighted the meme coins on the Binance Smart Chain. 5 wallets have turned to the meme coin WHY on BSC. The coin has risen 181%.
Crypto investment firm QCP drew attention to the non-farm payrolls data to be released in the US on Friday. Analysts at the company noted that weaker-than-expected data could set a new record in Bitcoin and bring the issue of interest rate cuts for June or July back to the agenda.
As the world recognizes Bitcoin as a legal and powerful asset and approves products based on it, another one has been added. In Thailand, one of South Asia’s fastest growing crypto-adaptation countries, the Securities and Exchange Commission (SEC) has given a positive response to a company applying for a Bitcoin spot ETF.