More US states expected to follow Wisconsin’s lead by investing in spot Bitcoin ETFs
More US states expected to follow Wisconsin’s lead by investing in spot Bitcoin ETFsThe State of Wisconsin Investment Board (SWIB) invested $160 million in spot Bitcoin ETFs during the first quarter.
Happy Tuesday!The global crypto market cap is $2.61 trillion, with a 24-hour volume of $74.69 billion. The price of Bitcoin is $70,135.57, and BTC market dominance is 53.3%. The price of Ethereum is $3,802.03, and ETH market dominance is 17.6%. The best-performing sector is Bitcoin Ecosystem, which gained 14%. The Crypto Fear & Greed Index is currently Greed (73). 📰 Top News
More US states expected to follow Wisconsin’s lead by investing in spot Bitcoin ETFsThe State of Wisconsin Investment Board (SWIB) invested $160 million in spot Bitcoin ETFs during the first quarter. 👀 Metric of The Day
65% of the circulating supply has not moved in at least 1 year. Spot Ethereum ETFs will legitimize crypto, lead to ETH supply crunch – IntegralIntegral anticipates that ETF issuers will buy and hold large amounts of ETH. Binance to limit unregulated stablecoins in EU ahead of new crypto rulesBinance said it intends to implement a phased approach to meet the new stablecoin regulations in Europe. 📈 Latest Insights
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How BlackRock’s Bitcoin ETF shapes the crypto marketCryptoSlate's latest market report dives deep into the meteoric rise of BlackRock's Bitcoin ETF to understand how it positioned itself at the forefront of the crypto market.
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Chainlink could solve today’s NYSE stock market glitch as Berkshire Hathaway appears down 99%
Monday, June 3, 2024
Chainlink's decentralized oracle network offers a solution by providing tamper-proof data feeds and real-time verification to enhance stock exchange stability. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
JPMorgan sees spot Ethereum ETFs trading before 2024 elections amid political gains
Monday, June 3, 2024
JPMorgan said crypto has become "an increasingly political issue ahead of the 2024 US presidential election." ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Spot ETH ETFs could see 25% of the demand of BTC counterpart – Bloomberg analysts
Monday, June 3, 2024
Bloomberg ETF analyst James Seyffart took part in an interview hosted by Bitwise CIO Matt Hougan, who in turn predicted "significant demand." ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
How the SEC’s SAB 121 repeal paves the way for balanced crypto regulation
Monday, June 3, 2024
CryptoSlate's latest report dives deep into the practical realities of SAB 121's repeal, examining its implications for the crypto industry and exploring the path forward for regulatory
Ethereum outperforms market surging to $3900 after ETF approval, Pectra upgrade in sight
Monday, June 3, 2024
Ethereum's core developers plan to launch its next major update by next year. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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The association sent a letter with five priorities to the President-elect, including regulatory clarity and ending crypto firms' "debanking." ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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