🪙Vitalik Buterin is cutting the Ethereum Foundation's expenses by approximately 40%—the foundation will sell less ETH and be more selective about how it spends its money.
👨💻Wintermute named Fed policy as the main restraining factor for the crypto market
📊Bitcoin's fall below $63,000 led to the liquidation of $150 million in long positions
💸Inflows into Bitwise's XRP ETF have exceeded $200 million since the beginning of the year
🚀Blockstream CEO Adam Back bet on the first cryptocurrency reaching a seven-figure value by 2028 and a market capitalization comparable to gold.
📉Bitcoin ETFs lost $68 million despite $121 million in inflows into funds
Ark and Fidelity
😳SpaceX lost $600 billion in three days – almost half of Bitcoin's market cap
📑Ripple received preliminary approval from the Luxembourg Financial Supervisory Authority (CSSF) for a CASP license, required to operate crypto assets in the EU under MiCA rules.
💻Glassnode pointed out that the indicator entered the so-called altseason zone on the Altcoin Cycle Signal model chart. According to their data, selling pressure in the sector is easing, coinciding with the Bitcoin crash.
🪙The Ethereum Foundation is laying off 20% of its staff and restructuring the foundation to a new ecosystem governance model.