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2024/06/20 MarketView: The market seems to be improving, with narrowing spreads and more positive news. What you see is what they want you to see. Just a few days ago, analysts were predicting BTC would drop to $30K. Now they're shouting for $100K. SEC announced it will no longer investigate ETH 2.0 staking, allowing institutions to stake legally. Bullish for: ETH, LDO, SSV, and UNI. @LayerZero_Fndn airdrop is now available. L0 made a fortune, but mostly for the project team. ZK to L0, it's tough for airdrop hunters. @JupiterExchange proposes burning 30% of its tokens, valued at $2.3B. Despite the news, JUP only rebounded by less than 10 points, indicating weak market interest. Former OpenAI chief scientist launches a "safe" competitor AI lab.
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