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CryptoQuant’s analysis suggests that BTC could be far from a new bull market because the cryptocurrency’s dominance is not decreasing, but rising.
Quick Take Investment firm 21Shares filed an S-1 registration statement with the U.S. Securities and Exchange Commission on Friday. Firms have been vying for different crypto ETFs over the past year after the SEC approved crypto ETFs for the first time earlier this year.
Eastern Europe receives $499B in crypto, driven by institutional and DeFi growth. Russia’s crypto inflows grow as sanctions boost use of domestic and no-KYC exchanges. Ukraine aligns with the EU’s MiCA regulations, aiming for regulated crypto adoption and investment.
- 05:17A whale purchased 107,865 HYPE at an average price of $34.96According to a report by Jinse Finance, Onchain Lens monitoring shows that a certain whale deposited 3.77 million USDC into Hyperliquid and purchased 107,865 HYPE at an average price of $34.96.
- 05:17Data: Bitcoin Spot ETFs Saw a Net Inflow of $6.3658 Million Yesterday, Marking Nine Consecutive Days of Net InflowsAccording to ChainCatcher, citing SoSoValue data, the total net inflow into Bitcoin spot ETFs yesterday (June 20, Eastern Time) was $6.3658 million. The Bitcoin spot ETF with the highest single-day net inflow yesterday was BlackRock’s ETF IBIT, with a net inflow of $46.912 million for the day. The historical total net inflow for IBIT has now reached $5.0998 billion.The Bitcoin spot ETF with the highest single-day net outflow yesterday was Fidelity’s ETF FBTC, with a net outflow of $40.5462 million for the day. The historical total net inflow for FBTC has now reached $1.1456 billion. As of press time, the total net asset value of Bitcoin spot ETFs stands at $126.537 billion, with the ETF net asset ratio (market value as a percentage of total Bitcoin market cap) at 6.14%. The historical cumulative net inflow has reached $46.656 billion.
- 05:16Opinion: If Ethereum Is the "New America," Uniswap Is the NYSE and Polymarket Is the New York TimesOdaily Planet Daily News: 1confirmation founder Nick Tomaino posted on X, stating that if Ethereum is seen as the "new America," then the builders of the Ethereum ecosystem are its "founding fathers." Uniswap is comparable to the New York Stock Exchange, Aave to Bank of America, Polymarket to The New York Times, Opensea and NFT project teams to Disney, SuperRare to MoMA, and Nexus Mutual to State Farm.