📌 Daily Summary
● LIVE TRACKINGA critical warning from a prominent Ethereum figure suggests that ETH could face a significant crisis within the next three to nine months, heightening concerns in the cryptocurrency market. Meanwhile, Bitcoin remains precariously positioned, with options bulls eyeing specific levels in the short term, reflective of persistent volatility. Additionally, the founder of CryptoQuant has identified major threats to Bitcoin, emphasizing the need for vigilance amid a shifting landscape. In exchange news, major platforms Upbit and Bithumb have lifted previous warnings regarding a specific altcoin, possibly indicating a shift in investor sentiment. Furthermore, US spot Bitcoin and Ethereum ETFs continue to see outflows, as noted in the latest data, while JPMorgan's recent report highlights ongoing challenges following Bitcoin's recent price declines.
13:33
Trent Van Epps, a former official at the Ethereum Foundation, warned that ETH could face a fundamental development funding crisis within 3-9 months.
12:31
According to Deribit data, Bitcoin options traders are turning to put option purchases, believing that BTC will reach $52,000.
11:27
Ki Young Ju, the founder of the cryptocurrency analysis platform CryptoQuant, made noteworthy assessments regarding the Bitcoin market.
10:47
South Korea's leading cryptocurrency exchanges, Upbit and Bithumb, have removed the previous investor warning for this altcoin.
10:09
Spot Bitcoin and Ethereum exchange-traded funds (ETFs) traded in the US were affected by investor outflows on June 18.
