Top crypto tweets of the day – June 2nd

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• Binance announces Arkham token sale on launchpad with subscription-based model

  TL;DR Breakdown Binance announces the Arkham (ARKM) token sale on its Launchpad platform, with a hard cap of $2.5 million and a maximum allocation of 300,000 ARKM tokens per user. The Arkham project aims to deanonymize blockchain technology and establish a decentralized token financial system. It operates as a blockchain analytics platform and introduces an on-chain intelligence exchange. Binance implements measures to ensure fairness, including a subscription-based model, acceptance of only BNB coins, and restrictions on participation from certain jurisdictions. Description Binance has unveiled its 32nd token sale project on the Launchpad platform, featuring the Arkham (ARKM) project. With a total hard cap of $2.5 million, the Arkham token sale on Binance Launchpad will offer users the opportunity to acquire a maximum of 300,000 ARKM tokens, equivalent to $15,000, as the project aims to raise funds … Read more Binance has unveiled its 32nd token sale project on the Launchpad platform, featuring the Arkham (ARKM) project. With a total hard cap of $2.5 million, the Arkham token sale on Binance Launchpad will offer users the opportunity to acquire a maximum…

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• Hooked Protocol price analysis: Price slumps to $1.40 as bears reactivate the downtrend

  TL;DR Breakdown The Hooked Protocol price analysis shows the price is going down once again. HOOK values has lowered to the $1.40 level. Support is for HOOK/USD is present at $1.29. Today, the Hooked Protocol price analysis indicates a bearish trend, with increased selling activity observed throughout the day. The price subsequently dropped to $1.40 as the bears regained their dominance. Despite a brief pause when the bulls attempted a comeback, the bears continue to dominate the price charts. Over the past 4 hours, the price has experienced a decline, aligning with the overall bearish trend observed. HOOK/USD 1-day price chart: Stepping down to $1.40, the price experiences a renewed downturn Based on the 1-day Hooked Protocol price analysis, a prominent bearish trend is evident as the price experienced a significant decline throughout the day. It has now reached the $1.40 level, primarily due to continuous corrections. Despite occasional bullish periods in the past week, the bears have managed to retain their dominance. The moving average (MA) value remains above the current price but below the SMA 50 curve, currently…

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• Best Twitter threads of the day – August 7th

  Description Is Huobi insolvent? What happened in the NFT world this week? $113 million has now been bridged to Coinbase’s Base Is Huobi insolvent? 1/16 So why is Tether selling off? Likely Huobi insolvency. -Binance started selling off USDT in bulk.-We found out that Huobi execs (and Tron personnel questioned by police)-This is not long after Sun’s stUSDT launch-And weird balance shifts at Huobi in the last month pic.twitter.com/f3HViYS93a — Adam Cochran (adamscochran.eth) (@adamscochran) August 5, 2023 2/16 Just like with FTT Binance is often the first to know about risky assets or issues within the industry due to its scales and connections. And if we look at the time stamps of Friday’s rapid sell off of USDT, it’s after the time Huobi employees would have been questioned. — Adam Cochran (adamscochran.eth) (@adamscochran) August 5, 2023 3/16 And its after weeks of steady USDT decline in Huobi pic.twitter.com/MpVeA23Rhm — Adam Cochran (adamscochran.eth) (@adamscochran) August 5, 2023 4/16 And after Sun launched “stUSDT” which is USDT he claims is sitting in government bonds gaining a 4.29% yield. His website claims there…

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• Geist Finance shuts down forever following significant losses from Multichain exploit

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• U.S. aims to use Vietnam against China – Here is how

  Description Challenging the mighty dragons of the East, the U.S. is engaging in a high-stakes game of geopolitical chess. The latest move? Forging a strategic partnership with Vietnam. Washington is actively discussing what could become the most significant arms deal with Vietnam in history, a country it once viewed through the lens of animosity. This move, … Read more Challenging the mighty dragons of the East, the U.S. is engaging in a high-stakes game of geopolitical chess. The latest move? Forging a strategic partnership with Vietnam. Washington is actively discussing what could become the most significant arms deal with Vietnam in history, a country it once viewed through the lens of animosity. This move, if executed, would not only reshape the defense capabilities of the Southeast Asian nation but also rebalance the scales of power in the hotly contested South China Sea. The Strategic Blueprint: A New Frontier for Vietnam-U.S. Relations At the heart of these ongoing negotiations is the potential sale of a fleet of American F-16 fighter jets to Vietnam. The introduction of such formidable equipment would drastically…

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