🔑 Key crypto market highlights (June 19 — 26)

Also, some detail about ETFs from BlackRock and Fidelity, the danger of being followed by Big Brother, a list of important crypto events, IDOs, airdrops, and freebies.

Welcome, cryptocurrency enthusiasts. Get ready for a ride as the buidlbee team unveils a captivating collection of updates and news. We trust that your weekend was enjoyable. Here's a sneak peek at what awaits you today:

  • Important details about ETFs from BlackRock and Fidelity.

  • Risk of surveillance from Big Brother.

  • List of important cryptocurrency events for June 19 — 26;

  • Token launches;

  • Airdrops and freebies.

The main focus for the weekend and Monday is:

  • Nike and Epic Games team up to create Airphoria NFT.

  • Cryptanalyst ZachXBT was sued for defamation.

  • Wyre, a payments platform, winds down due to crypto winter.

  • Trader sentiment has dropped to pandemic levels, according to Santiment.

  • Celsius Network intends to convert altcoins to BTC and ETH.

  • Indonesia's parliament approves 500 cryptocurrencies for trading.

Bitcoin ETF is coming

Attack on altcoins

According to Kaiko, the number of assets that centralized platforms eliminated in the first half of 2023 is almost equal to the total of the entire 2022. Among the assets delisted are popular coins, stablecoins, and fiat. Regulatory problems and belligerent statements by the SEC, when the Commission regularly declares one or another coin an unregistered security, are having an impact. Many exchanges are preemptively getting rid of already named and risky coins.

Details about ETFs

So far, the SEC has not authorized such ETFs for Bitcoin, despite many attempts to do so. But last week, it became known that investment giant BlackRock had decided to create its own Bitcoin ETF. And it's only now that important details about their financial decision have come to light.

The main reason the SEC has never approved the ETF is because of alleged Bitcoin market manipulation.

But BlackRock describes in its filing a new mechanism for a "joint surveillance agreement" between the exchanges. The idea is that Nasdaq will be brought in to monitor the bitcoin spot market. And the spot exchanges (most likely Coinbase, Kraken, and Bitstamp) will share information with it so there is no manipulation. This is a very interesting decision that dramatically increases BlackRock's chances of approval. If the first spot ETF is approved this time, it will be a major event in the crypto world in 2023, which will also open up a new channel for resources into the crypto market.

But more surprisingly, BlackRock's main competitor, Fidelity, the world's third-largest asset management company with a $4.3 trillion balance sheet, also intends to apply for an exchange-traded fund (ETF) for Bitcoin in the coming days. So far, information about Fidelity has not been confirmed by the company itself (the news is being spread by the media), but if it's true, this is the beginning of a race between the world's largest banks for the right to buy into BTC.

Surveillance danger from Big Brother

According to a former Coinbase CTO, if the G7 introduces a procedure for confiscating digital assets, which is being discussed at the G7, tech giants like Apple, Microsoft, and Google will be forced to comply. They would be able to remotely scan users' devices, find private keys, and hand them over to the authorities. According to the former top manager, technically, it is quite possible to do this; only a legislative initiative is needed.

⚓ Major crypto events (June 19 — 26)

June 19

June 20

  • tomiNet (TOMI): Decentralized domains launching.

  • PalmSwap (PALM): referral program launching.

June 21

June 22

June 23

  • S&P global composite PMI.

June 25

June 26

  • DigitalBits XDB: Mainnet upgrade.

🏁 Tokens launchpads

June 20

  • Immunify.Life is a transformative and self-sustaining healthcare ecosystem on the Cardano blockchain powered by artificial intelligence with self-sovereign identification through immutable NFTs. The public sale will happen on Kommunitas. The project will hold an ICO on November 28.

  • War Legends is a military-themed Multiplayer Online Battle Arena (MOBA). The IDO starts on the Spores Network.

  • PolkaFantasy is a Japanese NFT cross-chain marketplace and metaverse with P2E games. The IDO will happen on the Spores Network.

  • Aradena is the next generation of blockchain gaming by making P2E games as fun to play as traditional gaming titles. The IEO will be held at Gate.io Startup.

June 21

  • Fore Protocol is a P2P prediction protocol that enables users to create, participate in, and validate prediction markets in a dynamic and P2E format. The token sale starts on the official website.

June 22

  • GMatrixs is a Web3-integrated service eco-platform in the GameFi space. The IKO will happen on Kommunitas.

  • Moon is an economic and social metaverse built on the BNB Chain to explore and investigate the Moon. The IDO will happen on Kommuitas.

June 23

  • PoseiSwap is a decentralized exchange protocol that is powered by smart contracts and runs on a Layer 3 blockchain, the Nautilus Chain. The IEO starts on the Bitforex Turbo Starter Launchpad.

June 24

  • Meantime (MTC) is a blockchain network that focuses on scalability, speed, security, and decentralization. The token sale will be held on TrustPad.

🆓 Crypto and NFT freebies

June 19

June 20

June 21

June 22

June 23

June 24

June 25

June 26

That concludes our latest newsletter. Keep an eye out for future editions packed with even more thrilling updates and insightful glimpses into the realm of cryptocurrencies. Farewell, and happy exploring.

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