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Hello, here's the latest for this morning:
๐ธ Yesterday, there was a net outflow of -$11.3 million from spot BTC-ETFs, while the day before saw an inflow of +$11.5 million.
โก๏ธ The CEO of Harvest, a Hong Kong-based BTC-ETF issuer, aims to launch ETFs on Stock Connect to allow investors from mainland China to buy them.
๐ฆ Binance has been fined $4.4 million by Canadian regulators for rule violations, according to BBG.
๐ According to a Tether executive, the tokenization of fiat currencies is the greatest innovation and will enable the creation of new mechanisms in global finance.
โ BlockFi will shut down this month, with Coinbase stepping in as a partner to facilitate cryptocurrency withdrawals.
#news
@cryptocur
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๐ In April, trading volume in cryptocurrency spot and derivative markets dropped by 43.8% to $6.58 trillion, sharply retracting from March's record of $9.12 trillion, according to CCData. ๐
#investmens
@cryptocur
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๐บ๐ธ FOX reporter Eleanor Terrett reported that the two next contenders for the U.S. presidency have expressed different views on cryptocurrencies.
๐ธ Biden hinted that he would support the SEC's enforcement.
๐ธ Trump, on the other hand, stated that he would cease the hostile attitude towards cryptocurrencies. ๐
#news
@cryptocur
๐ 1
Hello, here's the latest for this morning:
๐ The U.S. House of Representatives voted to repeal the SEC ruling that prohibits financial institutions (custodians) from holding BTC for their clients.
โ
Also, a bill has been introduced in the U.S. House of Representatives to ban cryptocurrency mixers for two years.
๐ค Donald Trump stated that he will be accepting cryptocurrency donations for his election campaign.
๐ฐ On May 8th, the net inflow into spot BTC-ETFs amounted to $11.5 million.
๐ธ Grayscale's CEO announced that the company will focus on ETH spot products.
๐ Cryptocurrency trading on Robinhood surged by 224% in the first quarter, reaching $36 billion. ๐
#news
@cryptocur
โคโ๐ฅ 1๐ 1
๐ง Santiment observes the sustained strength of tokens associated with artificial intelligence and the "Big Data" sector. ๐
๐ John Reed Stark, a former employee ...
#news
@cryptocur
๐ 2
๐บ๐ธ Representatives of the Federal Reserve stated that they could maintain interest rates for an extended period, which could lead to a rate cut if inflation begins to weaken or if they observe significant labor market weakness.
๐บ If it is conclusively confirmed that inflation has stabilized at 3%, a rate hike is not ruled out. ๐
#news
@cryptocur
๐ 1
Hello, here's the latest for this morning:
โก๏ธ FTX has raised billions of dollars more than needed to cover clients' losses from the November 2022 crash. It plans to fully repay creditors "plus billions in compensation," - BBG.
๐ฐ A fund led by former Sequoia executive invested $24 million in BlackRock's BTC-ETF, more than doubling its position in Meta.
๐ธ Yesterday saw a net outflow of -$15.7 million from spot BTC-ETFs, whereas the day before saw an inflow of +$217 million.
๐ฌ Grayscale withdrew its application for an ETH-ETF futures from the SEC.
๐ญ๐ฐ Asia Crypto Venture LD Capital, Bitmain's Antalpha Ventures, and Highblock have jointly established Hong Kong's first crypto ETF liquidity fund worth 1 billion Hong Kong dollars (~$128 million). ๐
#news
@cryptocur
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