🏙️ Governance Tokens, Crypto Market Struggles, and Bold Predictions
⚡ CryptoTrendz - 📌 Real-Time Trendz: Catch Up!:
ZKSync plans to revamp its governance token for more economic utility. Mamdani clinches NYC Mayors race, with crypto markets predicting his win. Bitcoins grip weakens as it dips below $99K, while Ethereum faces bearish forecasts. Meanwhile, Gemini eyes prediction market integration. ✨Here’s an overview:
🔖 Market Movements:
🔹Ethereum and Solana activities drop sharply, indicating a looming altcoin winter (Source).
🔹Analysts remain bearish as Ethereum price struggles below $4,000 (Source).
🔹Solana falls to $150, heightening concerns among investors (Source).
🔹Bitcoin price crashes below $99,000, with experts dissecting the causes (Source).
🔖 Token News and Governance:
🔹ZKsync’s creators propose a governance token overhaul aiming to boost economic utility (Source).
🔹XRP targets a bounce with traders eyeing the $2.30 resistance (Source).
🔹Franklin Templeton updates its XRP ETF filing, signaling strong institutional interest (Source).
🔹Shiba Inu sees a billion token sell-off, possibly exacerbating price drops (Source).
🔖 Market Analysis and Predictions:
🔹Willy Woo believes Bitcoin will withstand liquidation in future bear markets (Source).
🔹Some analysts say Bitcoin is underperforming compared to US Treasuries (Source).
🔹Bitcoin and Ether ETFs are losing value, while Solana attracts new capital (Source).
🔹An analyst warns of mounting weaknesses in Bitcoin’s price grip (Source).
🔖 Security and Legal Insights:
🔹A former Australian rugby player is arrested for alleged crypto theft involving a significant sum (Source).
🔹Freelancers must watch out for North Korean spies targeting them for illicit activities (Source).
🔹Crypto treasury companies are blamed for accelerating market drops, notes a professor (Source).
🔹Switzerland’s FUTURE raises CHF 28 million to build Europe’s leading Bitcoin treasury (Source).
🔖 Crypto Adoption and Perspectives:
🔹Gemini considers integrating prediction markets for greater value (Source).
🔹Crypto and stocks see