Arbitrage Dominates Spot Bitcoin ETF Inflows #Bitcoin
Institutional investors, especially hedge funds, are driving net inflows into Bitcoin spot ETFs through arbitrage strategies. Top 80 holders manage $10.26B out of $15.42B. #Bitcoin #CryptoUpdates
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Institutional investors, especially hedge funds, are driving net inflows into Bitcoin spot ETFs through arbitrage strategies. Top 80 holders manage $10.26B out of $15.42B. #Bitcoin #CryptoUpdates
Manhattan Supreme Court dismisses $80M lawsuit against @chainalysis. Plaintiff Blake Ratliff’s claims on stock options were deemed too late and unsupported by written agreements. #LegalUpdate #BlockchainNews
Andrew Tate (@Cobratate) places $10M crypto bet, burning $11M in $TOPG, causing a 1045% rise and $65M market cap. His move challenges @AnsemCrypto in a boxing match. #CryptoNews
Peter Schiff reignites Bitcoin ETF debate, warning of market instability despite recent $200.4M outflows from U.S. Spot Bitcoin ETFs. Bitcoin trades at $67,336.11, down 0.37%. #BTC #CryptoNews
XRP price dips to $0.4814, down 1.28% in 24 hours. Whales move nearly 64M XRP, causing market uncertainty. RSI nearing 33 suggests potential oversold conditions. #cryptocurrency #XRP
Donald Trump met with Bitcoin miners at Mar-a-Lago, pledging support if re-elected. He emphasized the importance of US Bitcoin mining for energy dominance. #Bitcoin #CryptoNews
Grayscale Bitcoin ETF ($GBTC) saw $121M in outflows after selling 1,800 BTC, hitting a total of 335K BTC outflows since spot ETF approvals. Management fees and falling prices are key factors. #Bitcoin #CryptoNews
This week, the SEC will give feedback on Ethereum ETF S-1 filings, crucial for $ETH investment products. Industry players await clarity amidst mixed signals from SEC Chair Gary Gensler. #CryptoNews
Bitcoin miners sold 1,200 BTC on June 10, their largest sale since March, amid market liquidations and asset drops. Analysts suggest accumulation due to potential bullish events. #Bitcoin #CryptoNews
Ledgible launches a tax solution for tokenized assets, aligning with new IRS Form 1099-DA regulations. Partnered with @FTI_US, it streamlines compliance without altering operations. #Blockchain #TaxTech
SEC charges Ilit Raz, founder of AI firm Joonko, with defrauding investors of $21M. Raz allegedly faked client lists and financials. Criminal case opened. #AI #SEC #Updates
Whale buys 256B $PEPE worth $2.9M, boosting total holdings to 291B coins ($3.5M). Despite a 17% dip, $PEPE surged 40% in a month, signaling bullish momentum. #Crypto #Updates
Ripple (@Ripple) has acquired Standard Custody & Trust Company to enhance its stablecoin infrastructure. This move strengthens Ripple’s digital asset custody and bridges blockchain with traditional finance. #Crypto #Ripple
Ripple launches the XRP Ledger Japan and Korea Fund to boost XRP innovation in APAC, supporting startups, developers, and corporate partnerships. Major backer: SBI Holdings with 60+ banks. #CryptoNews #XRP