π #BTC Glassnode: Most wallet cohorts are in distribution mode - especially retail holders with 1β10 BTC. The notable exception: entities holding 1kβ10k BTC are showing near-perfect accumulation. This divergence highlights a clear split in conviction between small and large holders.
π° Velvet Capital, DeFAI's trading and asset management platform, announced that it has completed $33.7 million in funding and plans to launch a management token #VELVET
π #ETH Glassnode: CME futures open interest (7D SMA) has climbed to $3.27B - its highest since Feb 2. This marks a clear uptick in institutional positioning, with demand rising in tandem with price.
π΄ββ οΈ #GMX offers hackers a 10% reward for recovering stolen funds.
π° Monad Foundation has acquired Portal, an infrastructure provider for stablecoins.
πΊπΈπ #macro FOMC Meeting Minutes:
- Most Fed members believe it is appropriate to keep the rate at current levels;
- Some members believe it is appropriate to start lowering the rate in July;
- There are upside risks to inflation.
- Most Fed members believe it is appropriate to keep the rate at current levels;
- Some members believe it is appropriate to start lowering the rate in July;
- There are upside risks to inflation.
ππ #BTC remains firmly in the risk-on asset category
Over the past 12 months, itβs maintained a moderate correlation to the NASDAQ 100, right around its five-year average.
At the same time, it has stayed largely uncorrelated to gold and bonds. Thatβs why this risk-on environment is a strong setup for a breakout toward a new all-time high.
Over the past 12 months, itβs maintained a moderate correlation to the NASDAQ 100, right around its five-year average.
At the same time, it has stayed largely uncorrelated to gold and bonds. Thatβs why this risk-on environment is a strong setup for a breakout toward a new all-time high.
CRYPTO - MAGAZINE
πΊπΈπ Crypto #ETF Flows Today: #BTC-ETFs: NetFlow: +718 BTC ($78.23M) π’ Blackrock inflows 613 BTC ($66.79M) and currently holds 700,920 BTC ($76.33B); #ETH-ETFs: NetFlow: +11,803 ETH ($31.25M) π’ Blackrock inflows 9,684 ETH ($25.64M) and currently holds 1,836β¦
π #XRP Santiment notes the growing number and collective balances of whales holding at least 1 million XRP.
π #BTC has flipped Google again, reclaiming its spot as the 6th largest asset in the world.
πΊπΈ Trump announces 50% tariffs on Brazil and 50% tariffs on copper. #tradewars