πΊπΈπ Louisiana just formed a committee to study #AI, blockchain, and cryptocurrency. legis.la.gov
The state cites growing adoption: "One in five Americans owns cryptocurrency."
The state cites growing adoption: "One in five Americans owns cryptocurrency."
ππ Total assets in crypto investment funds soared to an all-time high of $167 billion in May, fueled by over $7 billion in net inflows for the month.
This surge notably contrasts with outflows from traditional assets, as global equity funds shed $5.9 billion and gold funds saw their first outflow in 15 months, hinting at a deliberate rotation of capital.
This surge notably contrasts with outflows from traditional assets, as global equity funds shed $5.9 billion and gold funds saw their first outflow in 15 months, hinting at a deliberate rotation of capital.
π #ETF Bloomberg Intelligence β Spot Crypto ETP Odds of Approval in 2025
According to Bloomberg analysts, these assets have the highest chance of ETF approval this year:
β #LTC β 90%
β #SOL β 90%
β #XRP β 85%
Other notable candidates:
#DOGE β 80%
#HBAR β 80%
#ADA, #DOT, #AVAX β 75%
Trailing behind:
#SUI β 60%
#TRX β Not expected before 2026
Grayscale, VanEck, 21Shares, and others have already filed spot ETF applications for these assets. Approval odds are rising as regulatory clarity improves.
According to Bloomberg analysts, these assets have the highest chance of ETF approval this year:
β #LTC β 90%
β #SOL β 90%
β #XRP β 85%
Other notable candidates:
#DOGE β 80%
#HBAR β 80%
#ADA, #DOT, #AVAX β 75%
Trailing behind:
#SUI β 60%
#TRX β Not expected before 2026
Grayscale, VanEck, 21Shares, and others have already filed spot ETF applications for these assets. Approval odds are rising as regulatory clarity improves.
πΊπΈ World Bank agrees with Trump that countries are using unfair trade practices and urges them to cut tariffs on the US.
π¨π³ China and the U.S. agree to consider a new trade deal after two days of talks in London.
π²π½ Mexico and the US are close to a deal to slap a 50% tariff on Mexican steel imports. #tradewars
π¨π³ China and the U.S. agree to consider a new trade deal after two days of talks in London.
π²π½ Mexico and the US are close to a deal to slap a 50% tariff on Mexican steel imports. #tradewars
π± Connecticut passes law banning cryptocurrency reserves, investments for state authorities. theblock.co #regulation
πΊπΈπΏ #ETH Congressman William Timmons is requesting all documents related to the SEC's "inconsistent treatment of ETH under Chairman Gensler and the Biden Administration."
π€ #ETH Ethereum Foundation in a new report highlighted the user interface and social layer as "major security concerns".
π #BTC Santiment: there is a surge in ATH BTC related discussions, which is a reliable signal of greed and a local top as markets move opposite to crowd expectations.
ππ³ Whale Transactions:
1. 0x1f25 contributed another 7.5M #USDC on Hyperliquid to increase long on #BTC. Current position: $3,686 $BTC($405.9 million) Liquidation price: $105,370 PNL: +$5.72 million;
2. 2 new wallets contributed 19.43 million #USDC to Hyperliquid for a 5x leveraged #HYPE long (1, 2);
3. 0xc097 withdrew 13,037 #ETH ($35.5 million) from Binance;
4. Abraxas Capital withdrew $44,612 #ETH ($123 million) from Binance and Kraken.
1. 0x1f25 contributed another 7.5M #USDC on Hyperliquid to increase long on #BTC. Current position: $3,686 $BTC($405.9 million) Liquidation price: $105,370 PNL: +$5.72 million;
2. 2 new wallets contributed 19.43 million #USDC to Hyperliquid for a 5x leveraged #HYPE long (1, 2);
3. 0xc097 withdrew 13,037 #ETH ($35.5 million) from Binance;
4. Abraxas Capital withdrew $44,612 #ETH ($123 million) from Binance and Kraken.
πΊπ¦ A bill to create a national crypto-reserve has been introduced in the Verkhovna Rada of Ukraine.
πΊπΈ Ilon Musk: I regret some of my posts about President Trump last week. They went too far.
π #FTT FTX adds Payoneer as third distributor alongside Kraken and BitGo. theblock.co
πΊπΈ Crypto exchange Bullish is filing for an IPO in the US. coindesk
π³ #BTC CQ: Whales show no intention of taking profits at this price level and are likely to wait for higher prices, where significant market overheating and a bubble form, before making their moves.