by Michael
Key TakeawaysBitcoin ETFs lost $228.9M, extending a 9-day outflow streak.Ether ETFs shed $121.4M for a 13th straight day of outflows, signaling weak institutional demand.XRP, HYPE, and solana ETFs posted inflows, showing selective appetite beyond BTC and ETH. Bitcoin... 
by Michael
Key TakeawaysMarco Rubio designated CV and PCC as global terrorists, with FTO status scheduled to begin on June 5.Impacting the crypto market, the PCC used bitcoin mining to launder funds across Brazil.Lobbied by Flavio Bolsonaro, the US will next enforce strict FTO... 
by Michael
Key TakeawaysSui halted for a 3rd time in 2 days, disrupting the market as the Core Team next works on a long-term fix.The cause seems to be the new stablecoin’s 0-fee transaction logic, which had design defects.Sui halted again at 4:30 PM EDT, freezing user... 
by Michael
Key TakeawaysAnchorage Digital invested in SLX, joining 20+ institutions backing Solstice.Solstice’s TVL topped $400M, highlighting demand for auditable onchain yield.Solstice and Anchorage may expand institutional solana adoption through USDG ties. Solstice Attracts... 
by Michael
Key TakeawaysThe S&P 500 closed at a record 7,592 on May 29, extending its winning streak to nine straight weeks.University of Michigan consumer sentiment hit a record low of 44.8 in May, with 57% of consumers citing high prices.Bitcoin held near $73,500 as CME... Translate »
