bitcoin
* Global crypto investment products saw $185M in net inflows last week, with $2B in May. * US-based funds dominated inflows, while Sweden and Brazil saw outflows. * Bitcoin-based funds had $148M in net inflows, while short Bitcoin products had outflows. * US spot Bitcoin ETFs had $170.9M in net inflows,
bitcoin
* BlackRock and Citadel Securities back new Texas Stock Exchange (TXSE) launch. * TXSE secures $120 million funding, plans to file with SEC by end of 2024. * TXSE aims to attract crypto companies for public listings, focusing on ETFs. * SEC approves spot Ether ETFs, potential launch by end of June. * Competition from
bitcoin
* Bitcoin hitting $72,000 could trigger mass liquidations and break $75,000 barrier. * Analyst Willy Woo predicts $1.5b shorts liquidated up to $75k and new ATH. * $800m shorts liquidated at $72k, $1.2b above $72,500 resistance. * Bitcoin broke two-week downtrend on June 3, needs $72k support for
baincapitalcrypto
* Bain Capital Crypto plans to launch a second fund, per SEC filing. * First fund launched in March 2022 with $560 million. * Active investor in 2022-2023 despite crypto market challenges. * Focus on DeFi and Web3 sectors, invested $100 million. * Co-led by Stefan Cohen and Alex Evans. * New fund details
centralbank
* 50% of Germans open to using digital euro as additional payment option. * 60% of respondents unaware of digital euro; 25% definitely not interested. * Privacy top concern for digital euro users, followed by European infrastructure. * Digital euro to protect privacy and allow offline transactions, per ECB. * Preparation phase for digital euro
bitcoin
* Bitcoin's 5-day, 30-day, and 50-day SMAs converge, signaling potential breakout. * Bitcoin currently a "Strong buy" at $70,840, trading above SMAs. * Price briefly reached $71,040, eyes all-time high of $73,679. * Bitcoin up 11.93% in the last 30 days, holding
bitcoin
* U.S. spot bitcoin ETFs see 15th consecutive day of net inflows, adding $105.12 million. * Total inflows reach $2.28 billion during the period, with $13.96 billion cumulative net inflows. * Fidelity's FBTC leads with $77 million inflows, followed by Bitwise's BITB with $14 million.
bitcoin
* Core Scientific signed 12-year contracts with CoreWeave, expecting $3.5 billion revenue. * CEO aims to balance bitcoin mining and alternative hosting for cash flow. * Core Scientific to provide 200MW infrastructure for CoreWeave by 2025. * CoreWeave funds infrastructure modifications, credits $300 million to Core Scientific. * Bitcoin mining firms diversify into
bitcoin
* Bitcoin briefly topped $70,000 before retreating, trading around $69,200. * Ethereum's ether was stable below $3,800, CoinDesk 20 Index gained 1.6%. * Market consolidating since March, correction phase nearing an end. * Long-term holders selling, now re-accumulating BTC since December 2023. * New BTC and ETH
banking
* The Qatar Central Bank completed CBDC infrastructure and launched experimental project. * Focus on distributed ledger technology, AI, liquidity enhancement, and securities transactions. * Project runs through October; started studying CBDC in March 2022. * UAE involved in mBridge project and CBDC proof-of-concept with Saudi Arabia. * QCB launched fintech sandbox Express
blockchain
* Carlo D’Angelo: lawyer, former law professor, crypto enthusiast, host of Lex Line podcast. * SEC approved spot Ethereum ETFs, deeming ETH a commodity, shifting oversight to CFTC. * Approval may impact SEC's crypto crackdown, pending lawsuits against Coinbase and Kraken. * ETH ETF decision could limit SEC's regulatory
asian
* Bitcoin-based Runes protocol market cap surpasses $2 billion, signaling potential resurgence. * Runes protocol offers security, scalability, and efficiency, attracting institutional interest in East Asia. * Asian investment firms like Newman Group see Runes as fundamental infrastructure for crypto industry. * Leading companies like Magic Eden and OKX support Runes protocol for