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Happy Tuesday Folks! Well if you haven't been paying attention, there is a collaborated effort to Squeeze those who are attempting to short $CEL; keep an eye out for fake twitter accounts because scammers never let a bas situation go to waste. Could this turn into a Gamestop/WallStreetBets situation? Keep watching.

Meanwhile, Bitcoin continue to make an attempt to run higher but until it can break above $25K with volume, this is nothing more than a relief rally as many have said in the past couple of day. That said, if you are dollar cost averaging (DCA) as Mark Yusko recommends on The Wolf Of All Streets Podcast you will WIN in the Lonnngggg term. 

With all bear markets, rumors begin to swirl about Bitcoin's death; this time is no different. But CZ says this must be the bottom. Cardano is facing yet another delay, you'd think Charles is turning into Justin. Solana, while up 28% in the past 7 days, continues to struggle in light of the Solend situation. USDC however continues to push for the #3 spot by adding another $4B to its market cap. Analyst sentiment appear quite bullish today.

JUST IN

• Deloitte and NYDIG set up alliance to help businesses adopt Bitcoin (Cointelegraph | Coindesk)
• Celsius Says Maintaining Financial Stability Will Take Time (Bitcoinist)
• Celsius token CEL rises 300% in one week amid a GameStop-like 'short squeeze' event (Cointelegraph | Decrypt)
• Risky business: Celsius crisis and the hated accredited investor laws (Cointelegraph)
• BlockFi secures $250 million credit facility from FTX (TB | Cointelegraph | EWN | Blockworks | BIC)
• Solana whale shuffles $25 million to reduce risk to DeFi protocol Solend (TB)

BITCOIN

• Is there a way for the crypto sector to avoid Bitcoin’s halving-related bear markets? (Cointelegraph)
• Bitcoin Might Be on Reversal Edge According to This Indicator (UToday)
• Bitcoin Returns Back Above $21,000 After Falling to $17,000 (UToday | BIC | Cointelegraph | NewsBTC | Cointelegraph)
• That’s not hodling! Over 50% of Bitcoin addresses still in profit (Cointelegraph)
• ‘Bitcoin Is Dead’ Google Searches Register 12-Month Peak – Is Bitcoin Really ‘Dead?’ (Bitcoinist | Cointelegraph | CryptoPotato)
• Interest in ‘Bitcoin’ on Google Search hits 12-month high amid heightened volatility (Finbold | Cryptoglobe)

ALTCOINS

• ADA Sees Boost In Market Share Even As Hotly Anticipated Cardano Vasil Hard Fork Is Deferred (ZyCrypto)
• Solana (SOL) Could Face Catastrophe in Foreseeable Future, Here's Why (UToday)
• Solana's 30% Weekly Growth Puts Cardano & Ripple Under Threat: CoinMarketCap (UToday)
• Dogecoin, Shiba Inu Prices Pump as Elon Musk Doubles Down on DOGE (Decrypt)

STABLECOINS

• USDC Market Cap Soared More than $4 Billion in May (BIC | Decrypt)
• Tether Prepares Full Audit to Improve USDT Reserves Transparency (BIC | TDH)

ANALYST'S CORNER

Bullish

• Alex Kruger: Here’s Why a Bitcoin Dip Below $20,000 This Week Would Be Vastly Different From Last Week’s Move: Economist Alex Krüger (TDH)
• Dave the Wave: Bitcoin Bottom Finally In? Trader Who Predicted May 2021 Crash Looks at the State of BTC (TDH)
• Mike McGlone: Commodity guru explains why Bitcoin could emerge as top asset in 2022 H2 (Finbold)
• Katie Stockton: Fairlead Strategies founder sets key Bitcoin support level in play to watch (Finbold)
• TechDev: Analyst Says Bitcoin May Be Following Cycles of the Past With New Bull Market To Come – Here’s How (TDH)
• Michael van de Poppe: Analyst Says Cardano Appears Ready to Break Out, Updates Outlook on Chainlink and Verasity (TDH)
• Coinshares: Institutional Investors Are Ditching Ethereum in Favor of One of Its Biggest Rivals (TDH)

Bearish

• Gareth Soloway: Analyst says Bitcoin correction towards $10k still on the table despite minor gains (Finbold)
• Arthur Hayes: Purpose Bitcoin ETF Puked 24.5k BTC on Friday, Leading to the Weekend Low of $17.6k (EWN)

NOTABLE VOICES

• Mike McGlone: Bloomberg Analyst Says Bitcoin and Gold Could Benefit From Potential Incoming Deflationary Phase (TDH)
• CZ: “Bitcoin is Dead” Headlines Are An Indication Of Bitcoin’s Bottom, Peter Schiff Disagrees (NewsBTC)
• Elon Musk: ‘I have never said people should invest in crypto’; but continues to support $DOGE (Finbold | CryptoPotato | Cryptoglobe)
• Vitalik Buterin: Bitcoin S2F model gives false sense of certainty (Cointelegraph | TB | Decrypt | EWN | BIC)
• Bank for International Settlements: Warns ‘Dangers of crypto are materializing’ (Finbold | UToday)
• BIS: 90% of Central Banks are researching the utility of CBDCs (Cointelegraph)

ACCEPTANCE

• Hublot launches 200 limited-edition luxury watches you can buy online with Bitcoin (Finbold | UToday | Bitcoinist)
• Bitcoin in Zimbabwe: Importing cars and sending money to family (Cointelegraph)

IBEX ONBOARDS 85 MERCHANTS IN MIAMI TO THE BITCOIN LIGHTNING NETWORK

ACQUISITIONS

• FTX US is acquiring equities clearing startup Embed Financial (TB | Cointelegraph | Coindesk)
• Ripple Partners With Lotus Cars To ‘Bring Automotive NFTs to the XRP Ledger’ (Cryptoglobe)

ETFs

• 'Enormous Outflows' From Largest Bitcoin ETF May Have Triggered BTC Crash (Coindesk | Cryptoglobe)

BLOCKCHAINS

• Cardano Vasil Upgrade Postponed, New Timeline Revealed (CryptoPotato | NewsBTC | Cointelegraph)

MINING

• The Crypto Crash is Sinking GPU Prices as Mining Profitability Plummets (Decrypt)
• Bitfarms gives up 3,000 BTC to pay down $100 million loan from Galaxy Digital (TB | Cointelegraph | UToday | Bitcoinist | Coindesk | Blockworks)
• Bitcoin Miner Revenues Now 61% Lower Than Past Year Average (Bitcoinist | CryptoPotato | BIC)

AS BITCOIN PRICE FALLS, IS NOW THE TIME TO BUY MINING RIGS?

LEGISLATION/REGULATION

• BTC Markets becomes first Australian crypto firm to get a financial services license (Cointelegraph)

THE BAD

• Celsius warns community about fake accounts, pauses Twitter spaces and AMAs (Cointelegraph)
• Rehab centers see uptake in patients looking for help controlling crypto addiction (Finbold)

PODCASTS

• The Wolf Of All Streets: Why Dollar Cost Averaging Bitcoin Is ​​the Best Strategy | Mark Yusko
• Bitcoin Audible: Read_632 - Can Governments Stop Bitcoin? [Alex Gladstein]
• Stephan Livera Podcast: SLP385 Nicolas Burtey - Central African Republic & Bitcoin Legal Tender
• Untold Stories: The Early Days of Bitcoin with Jered Kenna, Jonathan Mohan, and Adam B. Levine
• Unchained: CFTC Commissioner Caroline Pham on Why US Crypto Regulators Get a B-
• The Crypto Conversation: Gamma - the marketplace for Bitcoin NFTs powered by Stacks
• Decrypt Daily: June 20: Celsius, 3AC, Babel: DeFi Looking More Like Bad TradFi