Today's News‼️
⭕️ Fear/Greed Index: 16 - extreme fear;
⭕️ Altcoin Season Index: 49;
🔴 A record $1.8 billion was withdrawn from spot BTC ETFs over the past week, with total outflows since the beginning of May reaching nearly $7.86b, according to Sosovalue;
🔴 This is currently the most unsuccessful halving cycle in Bitcoin history, according to Sosovalue;
🔴 The US Senate is expected to publish the final text of the CLARITY Act, a bill structuring the crypto market, this week;
🔴 Sharplink continues to actively buy ETH, according to Arkham;
Sharplink, one of the world's largest corporate buyers of ETH, will be added to the Russell 2000 and 3000 indices;
🔴 Upexi, which buys SOL tokens, will be included in the Russell Microcap Index;
🔴 The average daily trading volume of perpetual futures on decentralized crypto exchanges (DEXs) has exceeded $6 billion, a record. Hyperliquid (#HYPE) accounts for over 90% of all trading volume — Dune;
🔴 LINK network is seeing its strongest growth in new wallets this year, according to Santiment;
🔴 Trump is expected to sign a bill banning digital dollars (CBDCs) in the US today, according to monitoring agencies;
🔴 The Federal Highway Trafficking Authority (FHFA) has instructed Fannie Mae and Freddie Mac to prepare proposals allowing cryptocurrencies to be considered reserve assets when assessing mortgage risks — WSJ;
🔴 Over 60 million Solana $SOL tokens have changed hands between $65 and $71, making this zone one of the strongest support zones;
🔴 Stablecoins still underperform traditional currencies on a number of metrics — the annual report of the Bank for International Settlements (BIS);
🔴 While MicroStrategy is not currently in a position requiring immediate sale of Bitcoin (BTC), the company could face significant pressure by September 15, 2027, when convertible bond investors will be able to exercise their call option, an analyst notes;
🔴 Bitfinex: Tether has quietly become one of the world's largest gold holders, accumulating much of this position during the market downturn.
⭕️ Fear/Greed Index: 16 - extreme fear;
⭕️ Altcoin Season Index: 49;
🔴 A record $1.8 billion was withdrawn from spot BTC ETFs over the past week, with total outflows since the beginning of May reaching nearly $7.86b, according to Sosovalue;
🔴 This is currently the most unsuccessful halving cycle in Bitcoin history, according to Sosovalue;
🔴 The US Senate is expected to publish the final text of the CLARITY Act, a bill structuring the crypto market, this week;
🔴 Sharplink continues to actively buy ETH, according to Arkham;
Sharplink, one of the world's largest corporate buyers of ETH, will be added to the Russell 2000 and 3000 indices;
🔴 Upexi, which buys SOL tokens, will be included in the Russell Microcap Index;
🔴 The average daily trading volume of perpetual futures on decentralized crypto exchanges (DEXs) has exceeded $6 billion, a record. Hyperliquid (#HYPE) accounts for over 90% of all trading volume — Dune;
🔴 LINK network is seeing its strongest growth in new wallets this year, according to Santiment;
🔴 Trump is expected to sign a bill banning digital dollars (CBDCs) in the US today, according to monitoring agencies;
🔴 The Federal Highway Trafficking Authority (FHFA) has instructed Fannie Mae and Freddie Mac to prepare proposals allowing cryptocurrencies to be considered reserve assets when assessing mortgage risks — WSJ;
🔴 Over 60 million Solana $SOL tokens have changed hands between $65 and $71, making this zone one of the strongest support zones;
🔴 Stablecoins still underperform traditional currencies on a number of metrics — the annual report of the Bank for International Settlements (BIS);
🔴 While MicroStrategy is not currently in a position requiring immediate sale of Bitcoin (BTC), the company could face significant pressure by September 15, 2027, when convertible bond investors will be able to exercise their call option, an analyst notes;
🔴 Bitfinex: Tether has quietly become one of the world's largest gold holders, accumulating much of this position during the market downturn.