What happened last night... Cryptocurrency morning news for June 19th

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Graphics = Reporter Park Hye-soo
Graphics = Reporter Park Hye-soo
1. Expert: “Solana could fall to $116”
Digital asset (cryptocurrency) expert 'LaCryptoLycus' predicted a further decline in Solana (SOL), which has recently been plummeting. He analyzed that Solana is currently in a serious decline and could fall to $116 if the $127 support line is broken. Solana has continued to decline since hitting $202 in March of this year, falling about 11% in the past week.

2. Hashdex submits application for Bitcoin/Ethereum combined spot ETF
On the 18th, asset management company Hashdex submitted an application to the U.S. Securities and Exchange Commission (SEC) for the first spot exchange-traded fund (ETF) combining Bitcoin (BTC) and Ethereum (ETH). The ETF presented by Hashdex is an ETF that estimates the spot prices of Bitcoin and Ethereum, and Coinbase and BitGo are specified as custodians of Bitcoin and Ethereum.

3. 66% of total Bitcoin volume, long-term holders’ share
It was revealed that 14 million Bitcoins, equivalent to about 66% of the total Bitcoin supply, were held by long-term holders. Glassnode, an on-chain analysis platform, announced in its report published on the 18th that the Bitcoin holdings of long-term Bitcoin holders who have held Bitcoin for more than 155 days have recently shown a recovery after falling sharply over the past two months, recovering to more than 14 million. .

Reporter Seungwon Kwon ksw@

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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