📊 Santiment: Large market cap means #BTC and altcoins are selling off. This may be a sign that large addresses have made significant profits and are exiting the market:

- Whales (holding between $100,000 and $10,000,000) holding #USDT exceed 40% of their holdings, the most since November 2021

- Whales holding #USDC hold over 37%, their highest volume since February 2023

- Whales holding #DAI just under 40% of stocks, the most since December 2020

These numbers indicate that large holders have not yet cashed out the crypto. They simply hold most of their holdings as stablecoins, waiting for the perfect moment to come back.

🇺🇸⚖️ The US court appointed two judges to hear the SEC lawsuit against Coinbase and Binance. cointelegraph.com

👀 Address Mike Cai's friend (0x930d) sent 16K #ETH ($29.4M) to #Binance.

🇨🇳 #AI The State Council of China unveiled the legislative work plan for 2023, the draft submitted for consideration includes a law on AI.
cls.cn

📉 The balance of #ETH on exchanges hit a 5-year low of 15,750,118,111 #ETH.

🇪🇺👀 Instagram, YouTube, TikTok, Twitter have been the targets of a complaint about crypto advertising in the EU.
reuters.com

🖼 AliExpress will release NFTs on June 25, in a limited edition of 5555 pieces. twitter.com

👀🕹 G-20 countries are concerned that the widespread use of stablecoins could threaten their monetary policy and are pushing for stricter measures.
coindesk.com

📊 The TVL of DeFi projects running on blockchains of tokens declared as securities in filings filed with the SEC remains stable.

🙋‍♂️ #BNB Binance will support TrueUSD (#TUSD) contract swap on BNB Smart Chain on June 12th.
binance.com

👀 Bittrex Customer Debt Repayment Plan Faces U.S. Government Objection.
coindesk.com

🇪🇺 EU. GDP (Q1) (tentative):
- q/q -0.1% (prog 0.0%; pre 0.1%)
- y/y 1% (prog 1.2%; pre 1.8%)

👀 Two traders with win rates over 90% on GMX are long #ETH.

- 0xe86c traded 51 times and won 46 times, earning around $129,553 with a win rate of 90.2%.

0x7b77 traded 331 times and won 303 times, earning ~$239,206 for a win rate of 91.54%.

🇹🇼🤝 Binance is cooperating with law enforcement in Taiwan to fight cybercrime.
binance.com

🤝 #USDC Former CFTC Chairman Heath Tarbert will become Circle's Chief Legal Officer.
fortune.com

🙋‍♂️ #ENJ #EFI Enjin has announced its move to the new mainnet "Enjin Blockchain" to further implement Web3. Efinity has also been forked to a new blockchain.
cointelegraph.com

📊 Coinbase accounts for approximately 79% of entities pending withdrawal of their #ETH stakes as of June 8th. 70,057 #ETH (~$129 million) is planned to be withdrawn from the exchange due to the SEC lawsuit.

🤝💰 #CRO Cronos announces Google Cloud as a sponsor of its accelerator program. blog.cronos.org

👀🗣 #BTC CEO Bitcoin Magazine

📊 Top 15 network growth projects in the last 30 days

👀 Unknown the address withdrew 20,000 #ETH ($36.86 million) from Binance.