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Key TakeawaysTrace Finance closed a $32M Series A led by Coinfund, with Coinbase Ventures and Haun Ventures among the participants.The company has processed over $10B in cross-border volume and serves the top 4 global payment providers in LatAm.Trace plans to expand...
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Key TakeawaysGarrett Jin sold 184,102 HYPE (~$13.55M) at about $73.6 for a $2.83M gain, per Lookonchain.He flipped long on UNI while holding 1,268 BTC (~$83.39M) and 50,013 ZEC (~$25.2M).The rotation came at a time when UNI topped Coingecko’s most-searched list and...
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Key TakeawaysBitcoin ETFs gained $10.1M on June 16, led by Blackrock IBIT’s $16.4M inflow.Ether, XRP, solana, and HYPE ETFs all saw inflows, signaling broader risk appetite.Blackrock’s BITA, with a 0.65% fee, may expand bitcoin income-product demand. Bitcoin and Ether...
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Key TakeawaysKevin Warsh’s Fed held rates at 3.5%-3.75% in a unanimous 12-0 vote.CPI hit 4.2% in May as energy prices lifted pressure on U.S. households.The New York Fed kept $160B RRP limits as markets await July CPI data. Fed Holds Rates as CPI Reheats The Federal...
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Key TakeawaysBitcoin hit $64,503 before rebounding, leaving BTC nearly flat at 0.1% for June 17.Glassnode says BTC demand improved as spot CVD went from negative to breakeven.Analysts warn of thin liquidity, with spot volume down 40.4% as markets await the June FOMC.... Translate »