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Happy Tuesday, Zingernation! It was all the rage a few months ago but what is now going on with ‘Shiba Inu killer’ Dogwifhat?

Today, we cover a top trader revealing his “max allocation” price for Bitcoin, Robinhood possibly expanding into crypto futures and more.

Plus, our partner helps you discover the #1 crypto to buy now.

MARKET SNAPSHOT

TOP STORY

Top Crypto Trader Thinks Bitcoin Has 'Uncapped Upside,' Reveals Price Where He Would 'Max Allocate'

Briefly: Trader Pentoshi, one of the most widely followed and respected on X (ex-Twitter) thinks Bitcoin has “uncapped upside.”

So Basically: That’s because he sees only a 20-25% max drawdown for Bitcoin. $48k-$52k is his ‘max allocation’ price.

So Then: But the upside is “infinite” due to “printing” and Bitcoin’s scarce supply. However, the same cannot be said for alts.

So What: Pentoshi sees them having their own bull and bear markets and increasingly getting separated from Bitcoin.

Read the entire scoop here.

TOGETHER WITH CRYPTOREVOUTION

The Perfect Storm For Crypto Profits

JPMorgan, Blackrock, and Singapore are betting big on blockchain. And one coin stands to benefit most as trillions in assets move on-chain. This is your moment to get in before the masses catch on. Your window is closing.

See the #1 coin to buy now

FIVE ZINGERS

What’s Up? …with Dogwifhat? After a stellar run to almost $5 billion in market capitalization, it’s gotten quiet around the hot dogcoin. Here’s what’s up.

Trump Pump: 10x Research sees a ‘Trump pump’ happening to Bitcoin in the run-up to the election. But the question is…can it last?

Flowing: Ethereum ETFs are set to start trading soon. According to Gemini Research, they could take in as much as $15 billion this year.

Something Big: Something big could be brewing for Bitcoin in July, say traders. It’s a historically positive month and some think this could repeat…

Mystery: The Shiba Inu lead developer is never candid but he was particularly mysterious with his latest post. Here’s what he wrote…

TOGETHER WITH CRYPTOREVOUTION

The Perfect Storm For Crypto Profits

JPMorgan, Blackrock, and Singapore are betting big on blockchain. And one coin stands to benefit most as trillions in assets move on-chain. This is your moment to get in before the masses catch on. Your window is closing.

See the #1 coin to buy now

FINTECH FOCUS

Robinhood Reportedly Considers Expanding Into Cryptocurrency Futures Markets

Briefly: According to sources familiar with the matter, Robinhood is considering the launch of crypto futures in the US and Europe.

What Happened: This would follow Robinhood’s recent acquisition of the crypto exchange Bitstamp for $200 million.

What Else: A Robinhood spokesperson indicated that there are “no imminent plans” and discussions are ongoing.

Why It Matters: Crypto derivatives represent a significantly larger market compared to the spot market globally. Crypto futures would be a big deal.

Read the full scoop here.

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