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T-Mobile Deutsche Telekom will start mining Bitcoin. That might come as a surprise, but not a to those who have been following crypto news lately. German telecom giant is going crypto since last year. Company's expansion into crypto-based activities began with Polygon validation. Now the company wants to enter the big game. Deutsche Telekom is about to enter the mining business. Since Ethereum's switch from Proof-of-Work to Proof-of-Stake in 2022 the only big mining business is the one with Bitcoin involved. The German telecommunications firm has been operating a Bitcoin node since 2023. This year the company launched its own Bitcoin Lightning Network nodes. And now the bigger anouncement was unveiled. Speaking at BTC Prague, Dirk Röder, head of Web3 infrastructure and solutions at Deutsche Telekom, confirmed that the communications giant will start mining Bitcoin. Röder actually jokingly called mining a 'digital monetary photosynthesis'. And that' is so charming. Market's reaction seem very positive. According to a famous analyst BTCGandalf, Deutsche Telekom's decision to enter Bitcoin mining is staggering. 'What a time to be alive,' he wrote on X. Deutsche Telekom is one of the world's leading integrated telecommunications companies. Established in 1995, the company provides a wide range of services. Those include fixed-network and mobile communications, internet, and IPTV products and services for consumers. Company has a significant presence in Europe and the United States. It's know for its innovations, but was silent about its crypto ambitions before 2023.

We all know that Michael Saylor is bullish on Bitcoin, and we all know why. Buying and holding Bitcoin in anticipation of the price surge is basically his business. But yesterday Saylor kind of outshined himself. His new prediction for future BTC is as high as a whopping $8 million per coin. While speaking at the Prague event for Bitcoin, Saylor unveiled his own philosophy around Bitcoin. And his philosophy is rather unexpectedly based on his failure to recognize Bitcoin potential in the past. Saylor noted he was indecisive when considering investing in Bitcoin for the first time. Back in 2013, Saylor looked at Bitcoin and dismissed it. The leading cryptocurrency seemed to have potential for online gambling and nothing else, he remembers. So, he lost the opportunity to buy when Bitcoin traded at $892. By the time he finally started investing, Bitcoin reached $9,500. “I got the price I deserved,” Saylor said. He now calls Bitcoin a digital gold. And his newest prediction for Bitcoin goes to a height on other bull has ever reached. Saylor says that one day we will see Bitcoin trading at $8 million per coin. According to MicroStrategy chief, many investors are still reluctant to enter the market. And that is a tragic mistake. Bitcoin is going up and when it hits, say, $950,000, you will be sorry you didn't buy it at $700,000. Just as well as $950,00 will seem a golden opportunity missed, when BTC skyrockets to the aforementioned $8 million. Analysts note, that these comments come amidst MicroStrategy’s recent disclosure that it wants to increase its Bitcoin holdings. Saylor might be just pumping Bitcoin price. His core interest lies in the constant growth of Bitcoin. But who are we to judge? Everyone in crypto world will only benefit if the leading cryptocurrency will cost fortune. You better be one of those holding some BTC by that time, right?

Former United States President Donald Trump has promised to end President Joe Biden’s “war on crypto”. Of course, that is a one more promise Trump makes for the scenario when he is elected. “I will end Joe Biden’s war on crypto, and we will ensure that the future of crypto and the future of Bitcoin will be made in America. We’re going to keep it right here, and a lot of it is going to be done right here in Florida,” Trump said during a public event in West Palm Beach, Florida. Trump had criticized Biden's harsh stance on crypto many times before. But this time his criticism went as far as to claim that Biden is a 'crooked president, the worst president in the history of our country.' Trump also supported his previous statement that the rest of Bitcoin should be made in America. He added that the U.S. must not settle for anything but top place in the crypto industry. This goes directly against Biden's actions. The acting president has fueled public anger against Bitcoin mining, having publicly said about the high energy consumption and environmental impact. Biden has also proposed a 30% electricity tax for miners. That gives Trump grounds to claim that 'Biden wants crypto to die a slow and painful death. That will never happen with me.' The election day is scheduled for 5 November. And this time crypto industry might watching the closely.

Sorry, Satoshi Nakamoto, we have failed you. On-chain data suggests Bitcoin is no longer being used as electronic cash. Most users see it as an equivalent of 'digital gold'. According to CryptoQuant founder Ki Young Jum, Bitcoin’s circulation has recently slowed down. The velocity of the token, which shows how is the crypto circulating the market, speaks for itself. Most of the Bitcoin on the market spend time sitting tightly in the wallets of their owners. There was a time when Bitcoin velocity kept rising. For instance, during the 2021 bull run. So it seemed as if Satoshi Nakamoto was right in his predictions. The peak of that velocity was reached in the middle of 2022. it coincided with the flourishinf of the bear market. But since then Bitcoin velocity has been only falling, Ki Young Jum states. As of now, the velocity indicator has reached its lowest for the last 13 years. In other words, today's BTC circulation rate is the same as in 2011. Back then no one basically knew what Bitcoin was. Nowadays, it is considered as one of the most promising financial instruments. Yet, nobody is actually using it. Seems like people have forgotten what Satoshi created Bitcoin for. We see is as an asset rather than a decentralized currency for everyday use. Yes, Satoshi's vision was simple. Bitcoin was originally meant to be cash in electronic form that works peer-to-peer. That would eliminate the need for any central entity like banks. But what we see is suggesting Bitcoin missed the target completely. Instead of becoming 'digital cash' it has become 'digital gold'. That implies no frequent transactions and erevyday use for most of the users. Some analysts say that the arrival of institutional investors to the scene this year is going to finalize this transition. Bitcoin ETFs will suck in a significant portion of existing BTC eventually. As well as companies like Michael Saylor's MicroStrategy that keep buying Bitcoin only to hold it for a long period of time.

Whales are bullish for the Ethereum and Shiba Inu prices. Data shows that the largest exchange wallets for ETH and SHIB have seen significant withdrawals recently. That is definitely a bullish sign, analysts say. For example, the on-chain analytics firm Santiment claims that the top 10 exchange wallets on the SHIB and ETH networks have recently seen their supplies go down. Ethereum whale wallets have declined by a whopping 8.6%, while Shiba Inu wallets on crypto exchanges have lost about 2.4% of their value. Those wallets are the biggest currently attached to centralized exchanges. It's fair to suggest that the wallets belong to the so called whales. Simply put, the largest investors on the market. And of course, these wallets are the most influential. Audience keeps focus on them. So any moves, even the slightest ones, can lead to a significant change in the market sentiments. Taking of crypto from exchanges is a clear bullish sign. You keep your crypto on exchanges if you are planning to sell. Or at least you are ready to sell any moment. Long-term holders prefer holding assets on their self-custodial wallets. Once coins go off the exchanges it means sell supply of the token is going down. That's a bullish sign too. So Ethereum and Shiba Inu largest holders are not planning to sell in the near future. That means they are optimistic and, sorry for using the term too much, they are bullish.

Notcoin's time in the sun might be over. Recent lacklustre performance has some investors wondering if it's peaked. Analysts point to a different meme coin that is gaining momentum. It is called Raboo. While Notcoin has just had a nose dive, Raboo is surging violently. Latest spike in 60% speaks for itself. Some analysts think, Raboo is gearing up to recapture the Notcoin's momentum. For instance, Crypto Daily analysts point to the absence of radical changes or vital news aroind Notcoin. That may make some investors think that Notcoin has reached its full potential. Raboo, the other hand, might be a glass of water in hell. The new meme coin provides features such as artificial intelligence for meme creation and post-to-earning options. According to some metrics, Raboo's impressive rise can be explained by the attention of Ethereum investors. And that could mean massive investment in the near future. If a considerable amount of Ethereum capital flows to Raboo, it can be expected to push Raboo to new heights. That might also mean throwing Notcoin and other recent crypto newly born kings under the bus. Like many meme coins, Raboo started as a social media joke. But it quickly gained traction thanks to its enthusiastic online community. The coin's mascot speaks for itself. it's a quirky rabbit named Raboo. Quite a eloquent symbol of the unpredictable nature of meme coins. Raboo aims to capitalize on the viral nature of internet culture, leveraging memes and social media trends to drive its popularity and adoption.

Whales and long-term holders keep accumulating Ether despite the recent price drops. Analysts see it as a bullish sign. According to Julio Moreno, the head of research at CryptoQuant, there is a surge in Ethereum demand. Holders keep buying Ether. And it has now reached the second-highest level on record. Moreno takes June 12 as an example of such accumulation in process. During just one day, accumulation addresses acquired approximately 298,000 Ether tokens, equivalent to roughly $1.34 billion. This is just a bit shy of the absolute record set on September 11, 2023, when long-term holders purchased 317,000 Ether in 24 hours. Recent accumulation surge happened even despite an 8.49% price decline over the past seven days. The $3,500 price level has proved to be a resilient resistance for Ether bulls, analyst notes. It seems that long-term Ether investors trust some recent news. The chair of the United States Securities and Exchange Commission (SEC), Gary Gensler hinted at the possible approval of spot Ether exchange-traded funds (ETFs) for trading by the end of September. This might bring Ether to the path that has already led Bitcoin to a rather impressive surge earlier this year.

Bitcoin can reach $1 million by 2033, analysts at Bernstein claim. This stunning prediction came as a part of the coverage of MicroStrategy, that Bernstein is doing now. Bernstein analysts state, that MicroStrategy is the biggest holder of Bitcoin right now. The company, led by a prominent Bitcoin maximalis Michael Saylor, now owns 1.1% of the global Bitcoin supply. It's about 214,000 Bitcoin, to be precise, worth approximately $14.59 billion in current prices. According to Bernstein, MicroStrategy’s active leveraged Bitcoin strategy differentiates it from passive spot exchange-traded funds (ETFs). And might be considered more effective as it has resulted in a higher amount of Bitcoin per equity share. Analysts predict that by 2025 Bitcoin might reach $200,000. And by 2029 the price can go as far as to $500,000. That alone would be enough to make true HODLers happy. But analysts didn't stop at that point, adding that by 2033 Bitcoin could reach staggering $1 million per coin. And that might make MicroStrategy a phenomenally rich company, analysts note. As of now, Saylors's company sits on tremendous unrealized profits of almost $6.5 billion on paper. That reflects a gain of almost 104% yield-to-date from an investment allocation started under Saylor back in 2020. Further growth of Bitcoin could potentially transform its biggest holder into a true financial giant. With profits over $50-60 billion MicroStrategy could become very influential. And that is a sign of the epic changes that cryptocurrencies are bringing to the world.

Everyone wants to be the lucky winner, who spends $100 on some lesser known token and gets ungodly returns. Analysts weigh in some meme coins, which have the potential to bring that kind of profits this month. Meme coins are a highly speculative type of crypto. They rely on trends heavily, and might go up and down regardless of what is happening to the general crypto market at the moment. No one gets surprised when an unknown token, promoted by a questionable personality like Andrew Tate, suddenly surges to gain $300 million in market cap. In such cases you wish you knew it in advance, right? Because a mere $100 could bring you fortunes. Is it possible to know this? Well, no one can give you any warranty, but some experts regularly come up with the list of tokens that may return ungodly profits. "May" is the key word here. This time, it's the analysts from Cryptonews we are talking about. They published a list of 9 meme coins that they think could deliver a potential return of 24,900%. Simply put, any of those tokens can transform $100 to $25,000 this June. Katana Inu (KATA) The Katana Inu (KATA) meme coin is embedded in the Battle Royale game and combines elements of DeFi and GameFi. The game features realistic graphics, 3D characters, and weapons that can be minted as NFTs. There is a marketplace for NFTs. Analysts think he game's native cryptocurrency - the KATA token, which fits into both the memecoin and GameFi sectors - could explode in the coming months. Super Trump (STRUMP) The Super Trump Token (STRUMP) is a meme coin that pays homage to Donald Trump. The speculative project brings together supporters of the 45th POTUS and its native cryptocurrency is STRUMP. In the last 30 days it has gained over 550% on Uniswap. Sealana (SEAL) The Sealana (SEAL) meme coin was recently launched on the Solana network . The project centers around Gamer Guy, a character from the South Park series. You probably remember that obese nerd, don't you? Sealana aims to become the best-known memecoin on the Solana network, ahead of established cryptocurrencies such as Bonk and WIF. Its native cryptocurrency, the SEAL token, is currently available in pre-sale at a price of $0.22. Optimus AI (OPTI) The Optimus AI meme coin is focused on artificial intelligence (AI). Its native cryptocurrency is the OPTI token. And it could be an option to consider, given the huge potential that AI technology plays in the bull run. Anyways, this kind of meme coin is far more serious than the one Andrew Tate is promoting. WienerAI (WAI) Meme coin WienerAI is project built around a free AI crypto trading bot. The project’s native cryptocurrency is the WAI token. The project has already raised more than $5.6 million in its pre-sale. Maga VP (MVP) Another President Trump-themed meme coin. It is called Maga VP. The team behind the cryptocurrency is not officially linked to Trump. Assuming all the support Trump has shown to the crypto sector, no wonder people are excited about this meme coin. Some analysts even say Trump himself is holding some Maga VP. PlayDoge (PLAY) Remember the legendary Tamagochi? The PlayDoge is a new Tamagotchi-inspired play-to-earn project on the blockchain. The idea is simple. You take care of a virtual pet to win prizes. Those are denominated in PLAY. Pitbull (PIT) This is a very ambitious project. The guys are already talking about their own NFT collection and even a metaverse. As of now, Project Pitbull (PIT) is a meme coin launched on Binance’s Smart Chain. According to the meme coin’s website, the cryptocurrency is held by over 500,000 people. Impressive, huh? Smog (SMOG) Another meme coin that was launched on Solana blockchain. It focuses on a parody of the character Smaug, from the famous novel The Hobbit. And the project is pretty huge. In its first month, Smog managed to reach a market cap of $100 million. The meme coin is currently held by over 119,000 people.

Andrew Tate must be pretty happy now. His meme coin DADDY has flipped MOTHER, the token created by Australian rapper Iggy Azalea. That is exactly why famous mysogynist created of meme coin of his own. Former kickboxer, now a crypto influencer and a fighter for patriarchy, claimed that DADDY would overcome MOTHER and that would be a 'flip for the patriarchy'. He also mentioned something about females who are supposed to be making him sandwiches, but who knows what that meant. According to DEX Screener, the DADDY token broke a $340 million market cap midday on Wednesday, flipping MOTHER in the process. Azalea's token had a market cap of $200 million. As of now, both tokens slightly fell in market value. DADDY sits at a market cap of $256 million while MOTHER sits at $163 million. And that makes Tate very happy, as you may think. Tate, who is currently awaiting trial in Romania for alleged human trafficking and rape charges, informs his X followers that he is “built different” and is “taking over.” Tate also claimed he would never sell DADDY - no matter, what price is reaches - but instead burn the 40% of the supply he holds in his public wallet. It's too early to bury Azalea's token. As Yellow.com highlighted recently, Iggy Azalea is looking into a revolutionary option that allows users of MOTHER to buy smartphones directly with the token. Andrew Tate was born in the U.S. He used to be a kickboxer, and later turned into an internet personality. Tate has built a reputation through provocative commentary on social media. His favourite topics are masculinity and success. He has been widely known for for his perceived misogynistic views. He resides in Romania now, awaiting for court decision on a pretty scandalous accusations, including rape charges. Iggy Azalea, born Amethyst Amelia Kelly, is an Australian rapper and songwriter. She achieved international fame with her debut studio album "The New Classic" in 2014. Azalea's unique style and bold persona have made her a beloved music star. Beyond her music career, she has entered various entrepreneurial ventures.