The U.S. Spot Bitcoin ETF saw a $65M outflow on June 10, ending a 19-day inflow streak. Major withdrawals: $39.5M from @Grayscale’s $GBTC, $20.5M from Invesco Galaxy’s $BTCO, and $15.8M from Valkyrie $BRRR. #Bitcoin #Finance
Ethereum ETF providers await SEC feedback by June 14 after updated applications. Partial approval sparks market potential, with experts predicting significant capital influx. #Ethereum #CryptoNews
The SEC has fast-tracked @ProSharesETF’s Ethereum ETF filing, with a decision due by July 2024. ProShares partners with Coinbase Custody for security. $ETH is trading at $3,671. #CryptoNews
Gas abstraction layer Zyfi secures $2M funding from Everstake Capital and Tenzor Capital to simplify gas fees on zkSync, boosting Ethereum’s usability. Nearly 1M transactions facilitated. #Ethereum #DeFi
Nexus secures $25M in Series A funding to enhance blockchain tech with Zero-Knowledge Proofs and rollups. Backed by @LightspeedVP & @PanteraCapital. #Blockchain #TechInnovation
Polkadot leads the Real World Assets (RWA) sector with its new functionality and Polkadot 2.0 JAM Whitepaper, aiming for significant $DOT growth. Liquidity trends show key resistance at $8 and $10. #Blockchain #CryptoNews
Bitcoin ($BTC) ETFs saw $131M inflows on June 7 despite market volatility, marking 19 straight days of positive net flows. Binance Coin ($BNB) hit an all-time high above $711. #CryptoNews
Gemholic project in the #zkSync Era accused of a $3.5M rug pull, withdrawing 921 ETH after fixing a smart contract issue. @SolidProof_io faces criticism for failing to address the fraud. #CryptoScam
? Major boost for blockchain! 26 crypto projects secure $208M in June. Leading were Avail with $43M & M^ZERO with $35M. GameFi also shines with $20M for @TheSandboxGame. #Crypto #Blockchain
Kraken plans to raise $100M by end of 2024 ahead of its 2025 IPO, targeting a major partner amid booming #crypto market. This move could set a precedent for the industry. #Updates
Ripple ($XRP) faces a 15% decline in value this year but expands partnerships, including with Clear Junction for GBP/EUR payouts. Key legal ruling may limit SEC’s crypto control. #CryptoNews #Updates
ProShares filed with the SEC to list a spot Ethereum ETF on the NYSE, excluding staking activities to align with regulatory requirements. Expected approval by July 2024. #CryptoNews #Ethereum
Toncoin, initially created by Telegram, surged 258% in 2024, trading at $7.46 with a $17B market cap. Integrated into Telegram’s ad system, it offers staking rewards and discounted ads. #CryptoNews #Toncoin
New to crypto? Start with Bitcoin ($BTC) and Ethereum ($ETH) for stability and growth. Consider BNB Coin, Solana, and Ripple ($XRP) for utility and affordability. #Crypto #Updates
