🤖 CryptoAttack 🇬🇧
📊 Report CoinShares on financial flows in crypto for the last week: Digital asset investment products posted a total outflow of $39 million, the 6th consecutive week of outflows. #BTC - $11 million outflow. Short outflows of $11M, representing 36% of total…
📊 Report CoinShares on financial flows in crypto for the last week:
In digital asset investment products, the outflow was $88M, bringing this 8-week outflow period to $417M.
#BTC - $52 million outflow. Outflow in short positions $1.1 million.
#ETH - $36M outflow, the biggest one week since the merger last September.
Altcoin fortunes have been mixed, with small inflows into #LTC, #XRP, #SOL and outflows from #MATIC.
In digital asset investment products, the outflow was $88M, bringing this 8-week outflow period to $417M.
#BTC - $52 million outflow. Outflow in short positions $1.1 million.
#ETH - $36M outflow, the biggest one week since the merger last September.
Altcoin fortunes have been mixed, with small inflows into #LTC, #XRP, #SOL and outflows from #MATIC.
🐳 Keith, who has been inactive for 2 years, sold 10,000 #BNB ($2.3 million) today at $230.
twitter.com
twitter.com
📊 Despite market concerns, the influx of long-term #BTC holders to exchanges remains robust, in the early stages of a profit-driven regime.
At present, the volume of profit is 2.4 times higher than the volume of loss. However, this is still far from the exuberance seen in the 2021 bull market.
At present, the volume of profit is 2.4 times higher than the volume of loss. However, this is still far from the exuberance seen in the 2021 bull market.
🗣 #USDT Binance: Exchange 750M USDT-TRX for USDT-ETH today, directly through the Tether team, to ensure stablecoin liquidity for our users across all networks.
twitter.com
twitter.com
🤖 CryptoAttack 🇬🇧
👀 Looks like DWF labs translates altcoins on exchanges.
🗣 Andrey Grache (DWF labs): We are just transferring part of our treasury from the network to CEX storage. Not for sale. It would be foolish to sell anything at current market levels. We are optimistic and preparing for a bull run (sooner or later)
🇯🇵🤝 #AI OpenAI CEO Sam Altman, who is visiting Japan, met with SoftBank Group CEO Masayoshi Son to discuss cooperation.
👀 #ADA Input Output Global (IOG), the developer of Cardano, is reportedly rebuilding to a venture studio model and cutting several jobs.
🙋♂️ Censo, a cryptocurrency custody firm, offers mobile phone-based self-service for institutions and small businesses.
coindesk.com
coindesk.com
Coindesk
Crypto Storage Firm Censo Offers Institutions Mobile Phone-Enabled Self Custody
Censo is the latest in a crop of inexpensive, open-source options for organizations looking to store digital assets.
🤝 Staking provider Chorus One joins the growing number of hosting providers on the Urbit peer-to-peer network.
coindesk.com
coindesk.com
📉 The number of active Robinhood users in May decreased by about 900,000 compared to April.
📊 State of the DAO: There are 12,745 organizations, with a combined treasury of $18.3 billion. Over the past month, the #DAO's total treasury has decreased by $3.1 billion, down 14%.
🙋♂️ #MOOV Dotmoovs sports competition platform has been approved for the NVIDIA Inception Program.
twitter.com
twitter.com
🇨🇳 China State Bank BOCI has successfully issued 200 million fully digital structured CNH banknotes, making it the first Chinese financial institution to issue a tokenized security in Hong Kong.
⚖️ 👀 Galaxy Digital said a Delaware court found it had "good reason" to stop its planned acquisition of crypto custodian BitGo.
theblock.com
theblock.com