TL;DR

• Peaq raised $20 million via CoinList Launch.

• MN Trading's founder swapped all BTC for altcoins, planning to buy more BTC later this year.

• Scam Sniffer reports Pink Drainer stole over $75 million from 20,000 victims in a year.

• sUSD dropped to 0.925 but rebounded to 0.956 this morning.

• BTC options worth $1.2 billion and ETH options worth $930 million are nearing expiration.

• pump.fun's contract is secure, but ex-employees misappropriated about 12,300 SOL.

• The U.S. Bitcoin ETF had a net inflow of $257 million yesterday.

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Alpha of the Day

Peaq's $20 Million Power Play

Peaq just flexed big-time by raising a whopping $20 million through a CoinList Launch fundraising round. Think of it as their glow-up moment, complete with dollar signs and blockchain dreams. This cash injection is like rocket fuel for their mission to revolutionize the decentralized economy. With this much green, they're not just aiming for the moon—they’re setting their sights on the entire crypto galaxy. Get ready to see Peaq make some serious moves and turn heads in the blockchain world.

MN Trading’s Bold Move: Altcoins Over BTC

The founder of MN Trading just pulled the ultimate crypto plot twist: ditching all BTC positions for altcoins. It's like trading in a classic car for a fleet of shiny new sports cars. But don’t worry, Bitcoin fans—he’s planning a comeback. Later this year, he’ll be back on the BTC bandwagon, scooping up more of that sweet, sweet digital gold. Until then, he’s cruising the altcoin highway, hoping for some major gains along the way.

Pink Drainer: The $75 Million Crypto Heist

Move over, Ocean's Eleven—there's a new heist in town. Scam Sniffer revealed that Pink Drainer has swiped over $75 million from nearly 20,000 unsuspecting victims this past year. This crypto villain is like the Robin Hood of hacking, minus the giving-back part. If you're in the crypto game, keep your guard up—Pink Drainer is out there, and they're not playing nice. Secure your assets and stay vigilant, because this saga of digital thievery is far from over.

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sUSD’s Morning Rollercoaster

sUSD gave us all a little heart attack this morning by dropping to 0.925, only to bounce back to 0.956 like a crypto yo-yo. It’s like that one friend who loves to keep you guessing—will they show up on time, or are they stuck in traffic? Thankfully, sUSD found its way back, but it’s a reminder of how volatile the crypto market can be. Keep your eyes peeled, because in this world, anything can happen before your first cup of coffee.

Expiration Drama: BTC and ETH Options

Get ready for some high-stakes drama: BTC options worth $1.2 billion and ETH options worth $930 million are nearing expiration. It's like the season finale of a binge-worthy series, and everyone’s on the edge of their seats. What’s next? Major market moves, wild swings, and maybe even a few plot twists. Whether you’re a hodler or a trader, this is the kind of suspense that keeps the crypto community buzzing.

FTX Digital’s Claim Deadline Extension

FTX Digital is toying with the idea of extending the customer claims deadline to late July or early August. It’s like extending the deadline for your final project—more time to get everything sorted, but also more time to stress. If you’ve got skin in this game, keep an eye on the calendar and get your paperwork ready. Deadlines are looming, but hopefully, this extension will give everyone the breathing room they need.

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pump.fun's 12,300 SOL Saga

pump.fun just revealed a plot twist worthy of a soap opera: their contract is secure, but former employees made off with about 12,300 SOL. It’s like the office drama where someone raids the supply closet before quitting. The good news? The contract’s rock solid. The bad news? There's a hefty amount of SOL that’s gone on a permanent vacation. Looks like pump.fun has some cleaning up to do—and maybe a few trust exercises at the next team-building retreat.

$73 Million Money Laundering Bust

Two individuals are facing the music after being indicted for a $73 million cryptocurrency money laundering scam. The U.S. District Court is dropping the hammer, and it’s a big one. This isn’t just a slap on the wrist—it’s a full-on courtroom drama. If you're in the crypto world, take note: the feds are watching, and they mean business. Crime might pay in the movies, but in real life, it’s jail time and hefty fines.

Bitcoin ETF’s $257 Million Windfall

Yesterday, the U.S. Bitcoin ETF saw a net inflow of $257 million. It’s like the crypto equivalent of finding a golden ticket in your chocolate bar. Investors are piling in, and the excitement is palpable. This influx is a sign that faith in Bitcoin is as strong as ever, and everyone wants a piece of the pie. Buckle up, because this kind of momentum could send BTC to new heights—and the ride is just getting started.

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