FameEX Morning Crypto News Recap | June 6, 2024

'Rich Dad Poor Dad' Author Forecasts Bitcoin Will Hit $350,000 by 2024

On June 6, Robert Kiyosaki, the author of "Rich Dad Poor Dad," predicted via social media that Bitcoin would hit $350,000 by August 25, 2024. He clarified that his statement is a prediction and a personal viewpoint, expressing his hope for it to become reality, though acknowledging it as a goal, dream, and wish.

Nvidia Overtakes Apple in Market Value,Become the second largest technology giant in the U.S.

Last night, Nvidia's stock price surged 5.16%, pushing its market value over $3 trillion ($3.012 trillion), thereby surpassing Apple ($3.0035 trillion). This increase makes Nvidia the second-largest technology giant by market value in U.S. stocks, overtaking the longtime leader in consumer electronics.

Ethereum Market Sentiment Index Hits 14-Month Peak, with Prices Ranging from $3,700 to $3,900

Forbes reported that Ethereum's market optimism reached a 14-month high, as per The Tie's analysis. This sentiment index, comparing the past 50 days against 200 days, hit 66.69 on June 3—the highest since March 24, 2023. Scores above 50 reflect a more optimistic market outlook.

Türkiye Plans to Tax Profits from Stock and Crypto Investments, Finance Minister Emphasizes Taxation Necessity

Turkey is contemplating taxing profits from stock and crypto investments amid fiscal austerity measures. Following the announcement, the Turkish stock market and the lira experienced declines. Finance Minister Mehmet Simsek discussed these plans at a ruling party meeting, stressing the importance of properly taxing all financial income. However, a final decision has yet to be made.

JPMorgan: Hyperscale Data Centers and AI Firms May Target Bitcoin Mining Companies for Acquisition

JPMorgan Chase noted that hyperscale data centers and AI companies, seeking alternatives for their energy needs, might find Bitcoin mining companies with favorable power contracts appealing as acquisition targets. Hyperscale data centers, which offer extensive computing power, are increasingly looking at these energy-efficient mining companies to enhance their operations.

US SEC Chairman Revises Stance on Crypto: Shifts from "All Tokens Are Securities" to "Tokens Need Better Disclosure"

Gary Gensler, chairman of the U.S. Securities and Exchange Commission, appeared to shift his stance on cryptocurrencies during a CNBC Squawk Box interview. He moved from asserting "all tokens are securities" to expressing concerns that "tokens lack proper disclosure."

Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.