Daily Crypto News

June 5 Daily report: Ethereum options data shows traders’ mixed opinions, Solana Is Raising Up to $450 Million, Tesla Could Empty Its $1.5 Billion, Indian Central Bank Reaffirms Anti-Crypto Stance and Bitcoin IRA launches world’s first crypto app

  • Ethereum options data shows traders’ mixed opinions on ETH’s future
  • After reviewing Ether (ETH) options for June 25, one might think that traders either became overly optimistic or ultra-bearish. Currently, there are large bets for prices below $1,000 while others aim for $3,800 and higher.
  • Solana Is Raising Up to $450 Million to Challenge Ethereum
  • Solana’s blockchain ambitions are growing as the scope of its projects expands. Solana planned to close the round in March but expanded it in response to strong interest.
  • The upstart blockchain has a focus on apps and is a potential rival to Ethereum.
  • Tesla Could Empty Its $1.5 Billion Bitcoin Bag In No Time
  • Tron’s Justin Sun has remained bullish on Bitcoin, despite Elon Musk’s bearish tweets. The founder of the Tron network has been consistent with his bullish feedback on the state of the market.
  • Indian Central Bank Reaffirms Anti-Crypto Stance
  • The Governor of India’s central bank has confirmed that there are no banking restrictions on crypto transactions. He also expressed concern about the digital assets space. The Governor of the Reserve Bank of India has clarified the bank’s aversions to cryptocurrencies.
  • Bitcoin IRA launches world’s first crypto app for self-directed retirement accounts
  • Bitcoin IRA has announced the launch of the world’s first mobile application that allows buying, selling, and swapping cryptocurrencies through a self-directed retirement account. It’s a full-service solution that allows investment in bitcoin, Ethereum, Ripple, Litecoin, bitcoin cash, and Ethereum classic through the user’s individual retirement account (IRA).

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