After three years of effort, the firm is bringing Bitcoin ETFs to Australia’s largest trading exchange on Thursday….
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While Wall Street interest has boosted the overall crypto market, William Quigley said it also brings risks….
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Altcoins bleed out heavy, BTC dominance rises towards 60%. Miners continue to be large BTC sellers, whales accumulate. ETF inflows slow, hedge fund allocations point to basis trades. ETH ETFs approvals see little movement, coming ‘in the summer’. Stocks continue to hit ATHs as CPI & PPI both come in soft. TON performs best in L1s, active wallets eclipse ETH. Andrew Tate joins celebrity memecoin meta, DADDY hits $350m. SOL DEX volumes eclipse ETH in memecoin frenzy. Curve founder defaults on CRV debt as DeFi coins tumble. Terraform Labs & Do Kwon to pay $4.5bn fine to SEC. BAMK hits $350m in Runes as it issues BTC stablecoin. Gaming tokens face huge sell-off, PRIME changes tokenomics….
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The global investment firm Bernstein estimated Bitcoin will hit $200,000 by 2025, revising its price target from $150,000 in March….
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Crypto falls after slightly hawkish Fed speech. BTC whales buy $1.4bn in 24hrs. Miners continue to be large sellers of BTC. BTC ETFs see $100m inflows. MicroStrategy to raise $500m to buy BTC. Egorov CRV debt positions begin to liquidate . Circle to support SOL for wallets. 4% of Turkey GDP used to buy stablecoins. QuantMatter say $11m stolen from OKX account. Biden to use Coinbase for crypto donations. Terraform Labs & Do Kwon set to pay $4.5bn fine. Franklin Templeton write report on SOL DePin. TON flips ETH for active addresses. Moonpay & Paypal integration goes live in EU & UK….
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Gary Gensler expects spot Ethereum ETFs to go live in the U.S. this summer, but still won’t answer on the security vs. commodity question….
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BTC ETFs see another $200m outflows. Another $190m of liquidations in volatility. $1.2bn BTC leaves exchanges in a day. ETF flows largely driven by basis trades: Pal. ‘Perfect setup’ for longs into macro news today. ETH ETF approvals ‘expected this month’. Crypto in best place it has ever been: Circle CEO. China’s ICBC calls ETH ‘digital oil’. Trump wants ‘made in the USA’ BTC. Crypto hacks $19bn since 2011. Symbiotic restaking protocol sees $150m inflows. Polygon launches $720m grants program. ZKsync accused of insider allocations. CRV drop leaves $90m loans at risk….
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Market participants are expecting the Federal Reserve to keep the interest rate unchanged, but investors still seem cautious….
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Crypto falls as ETFs see first outflow in 19 days. Short positions grow on downwards move in BTC. BTC short-term realised price now at $64k. ETH ETF issuers still waiting for SEC response. UK ETNs continue to see tiny volume. SOL validators get kicked out for sandwich attacks. ZKsync airdrop happening next week. ZKsync to give 17.8% to the community. OP launches Fraud Proofs. Bitfarms plans poison pill to counter takeover bid. OKX sees outflows after security incidents. Bybit considers shutting China offices. COIN may get added to S&P500….
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Grayscale’s GBTC has seen net outflows of over $113 million across the past three days, as Bitcoin’s price dipped below $67,000….
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