🤖 CryptoAttack 🇬🇧
📊 Report CoinShares on financial flows in crypto over the last week: The influx of investments into digital assets amounted to $932 million. Despite the increase in inflows, volumes for the week were just $10.5 billion, down from $40 billion in March. #BTC…
📊 Report CoinShares on financial flows in crypto over the last week:
The influx of investment products into digital assets amounted to $1.05 billion for the third week in a row.
#BTC - inflow of $1.012 billion. Outflow in short positions $4.3 million
#ETH - inflow of $36 million.
#SOL received an influx of $8 million.
The influx of investment products into digital assets amounted to $1.05 billion for the third week in a row.
#BTC - inflow of $1.012 billion. Outflow in short positions $4.3 million
#ETH - inflow of $36 million.
#SOL received an influx of $8 million.
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🤖 CryptoAttack 🇬🇧
⛏🙋♂ Bitfarms fired its CEO Jeffrey Morphy after he filed a lawsuit against the company seeking $27 million in damages for breach of contract.
⛏👀 Riot Platforms is considering acquiring Bitfarms.
bloomberg.com
bloomberg.com
⚠️ #ETH Binance will provide wallet maintenance for the Ethereum network starting May 29, 10:00 Moscow time. The service will take ~2 hours. Deposits and withdrawals will resume once the service is completed.
📊 Report glassnode:
- The Ethereum and Bitcoin markets are showing relative strength after a lengthy post-ATH consolidation, although prices have remained volatile and sideways since March.
- The SEC surprised the market with the approval of spot #ETH-ETFs, which led to a 20% increase in the price of Ethereum.
- Spot #BTC-ETF net flows have turned positive again after four weeks of net outflows, suggesting demand for TradFi is returning.
- Spending pressure for long-term holders has eased significantly and investors have returned to accumulation patterns, suggesting volatility is needed to motivate the next wave.
- The Ethereum and Bitcoin markets are showing relative strength after a lengthy post-ATH consolidation, although prices have remained volatile and sideways since March.
- The SEC surprised the market with the approval of spot #ETH-ETFs, which led to a 20% increase in the price of Ethereum.
- Spot #BTC-ETF net flows have turned positive again after four weeks of net outflows, suggesting demand for TradFi is returning.
- Spending pressure for long-term holders has eased significantly and investors have returned to accumulation patterns, suggesting volatility is needed to motivate the next wave.
🕵️♂️ hki.eth (HashKey Capital) translated all 624,804 #PENDLE ($4.23 million) on Binance 1 hour ago.bHashKey profit on PENDLE is ~$9.96 million.
💰 Anzen Finance, the issuer of #USDz, has raised $4 million in seed funding from Mechanism Capital, Circle Ventures, Frax, Arca, and others.
theblock.com
theblock.com
💰 OpenSocial has completed a $5 million seed round of funding with participation from Animoca Brands and other companies. twitter
🗽 #BTC Medical technology company Semlar Scientific bought $40 million worth of BTC and approved the Bitcoin Treasury Strategy.
🤖 CryptoAttack 🇬🇧
🍿🇪🇺 CZ is the sole shareholder of Binance's French subsidiary, which could prevent Binance from entering the entire EU market dlnews.com
🇪🇺👀 Binance France has replaced co-founder CZ with two new shareholders. dlnews