Crypto NEWS | TON & Telegram
5.32K subscribers
29 photos
3 videos
2 links
Download Telegram
Bitcoin fell to $57,000, a 24-hour drop of 9.3%.

Reuters noted that Bitcoin had its worst monthly performance since late 2022 in April.

Investors' belief that the Federal Reserve may not cut interest rates this year has dealt a blow to interest-rate-sensitive assets such as cryptocurrencies.
โค2
Approximately $175B worth of Bitcoin are now held by ETFs, countries, public and private companies
๐Ÿ˜ข4๐Ÿ‘3๐Ÿ”ฅ1
U.S. spot Bitcoin ETFs recorded $563.7m outflows on Wednesday, largest daily net outflows ever

๐Ÿ˜ญ๐Ÿ˜ญ๐Ÿ˜ญ
Please open Telegram to view this post
VIEW IN TELEGRAM
Grayscale (GBTC) Daily BTC Flows: +63.1m, first inflow since ETF conversion
US spot Bitcoin ETFs saw a +$378.5m net inflows today.
It is the first positive net flow day since April 23rd, and the largest net inflow day since March 26th.
Largest inflow day since inception for $
๐Ÿ‘4
Chinese scholars generally agree on the property attributes of Bitcoin and summarize: Bitcoin and digital currency has a relatively small space for legal order in China, but it is not completely banned. It is not a contraband. In fact, it can be traded and has economic value, so it can be recognized as property.
๐Ÿ‘2
Coinbase saw trade volume in Q1 more than doubled to $312 billion, with institutional volume increasing faster than retail, accounting for 82% share of the total
๐Ÿ‘3โค2
Total valuation of L2s over ETH :

Market cap : 4.6%
FDV : 13.4%

And then you must add zkSync, Blast, Scroll, Linea, Aztec, etc.

It looks high on FDV, but not stupid neither, imo.
Digital asset investment products saw inflows for the first time in five weeks totalling $130m.

Regionally, the US saw the majority of inflows totalling $135m, with incumbent Grayscale seeing the lowest weekly outflows since January
๐Ÿ‘6โค4
Bitcoin's latest recovery lacks momentum as perpetual futures open interest remains 51% below its October peak, signaling a significant retreat in trader conviction and leverage
$70,000,000,000 wiped out of the crypto market in the last 60 minutes.
๐Ÿคฉ1
This media is not supported in your browser
VIEW IN TELEGRAM
โŒ โ€œSon of Pavel Durovโ€ was caught on fraud.

A teenager calling himself the son of the founder of Telegram deceived users by offering โ€œdigital giftsโ€ in the messenger.

As evidence of kinship, he sent a video next to Pavel Durov and showed personal correspondence.

The story reached Pavel Durov himself, who marked the teenagerโ€™s Telegram account as fraudulent and compensated for the damage to the two victims.

In one of the merged correspondences, the teenager admits that he fears his fatherโ€™s punishment and is even afraid that he may be sent to live in Dagestan.
Please open Telegram to view this post
VIEW IN TELEGRAM
๐Ÿคฏ1
๐Ÿคช Shakira on Bitcoin Beach โ€“ all clear, let's go
๐Ÿ˜2
11% of Polymarket participants have bet that Vladimir Putin will step down as president of Russia before the end of the year.

The easiest 11% annual return in dollars in your life, if you bet against these daredevils.
๐Ÿค”1
This media is not supported in your browser
VIEW IN TELEGRAM
JUST IN: Elon Musk's X announces it is generating $1,000,000,000 per year from subscriptions.
๐Ÿคก Someone paid 64.09 ETH ($125,700) in gas fees for a single transaction. ๐Ÿ˜ฌ
Please open Telegram to view this post
VIEW IN TELEGRAM
JUST IN: ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡น๐Ÿ‡ผ United States signs trade deal with Taiwan, cutting tariffs to 15%.

In return, Taiwan will remove "99%" of trade barriers on US and purchase $84 billion worth of American goods.
California's proposed wealth tax has cost the state an estimated $1 trillion in lost investments and business as billionaires flee.