Bitcoin spot ETFs had a total net inflow of $887 million on June 4, the second highest single-day net inflow in history
Grayscale ETF GBTC had an inflow of $28.1957 million, Fidelity ETF FBTC had an inflow of $379 million, and BlackRock ETF IBIT had an inflow of $274 million. The total net asset value of Bitcoin spot ETFs is $61.46 billion.
https://x.com/wublockchain/status/1798204045104169236
Uniswap will make an announcement
The UNI price has increased by 19% in 24 hours.
https://x.com/uniswap/status/1798004635665572245
Tether CEO Paolo Ardoino told The Block that the EU’s MiCA regulation “contains several problematic requirements.”
He said those requirements “could not only render the job of a stablecoin issuer extremely complex but also make EU-licensed stablecoins extremely vulnerable and riskier to operate.”
https://www.theblock.co/post/298434/tether-concerned-eu-mica-stablecoin-requirements
BlackRock and Citadel are planning to start a new national stock exchange in Texas
The Texas Stock Exchange, which has raised about $120 million, plans to file registration documents with the Securities and Exchange Commission (SEC) later this year.
The TXSE, as it is known, plans to start in 2025 and host its first listing in 2026.
https://www.reuters.com/markets/us/blackrock-citadel-backed-group-start-new-national-stock-exchange-texas-wsj-2024-06-05/
Michael Novogratz, founder and CEO of crypto investment firm Galaxy Digital, believes Bitcoin’s price could hit $100,000 by year’s end
“If we take up to $73,000 in the next week or so, we’re gonna end the year at $100,000, somewhere around there, or even higher,” he said. Novogratz cited regulatory changes in the U.S government.
Specifically, he referenced the Securities and Exchange Commission’s approval of Ethereum exchange-traded funds; bipartisan support in Congress for FIT121, the legislation that would provide a clearer regulatory framework for digital assets; and congressional support for the revocation of SAB 121, accounting guidance from the SEC that many in crypto oppose.
https://www.dlnews.com/articles/markets/galaxy-digital-ceo-michael-novogratz-is-bullish-on-bitcoin/
The crypto market is growing
BTC Dominance - 52.64%
Market Cap - $2.65T
BTC - $70,782.2 (+2.27%)
ETH - $3,801.4 (+0.7%)
BNB - $697.6 (+10.86%)
ARB - $1.11 (+0.8%)
STRK - $1.32 +8.45%)
W - $0.641 (-7.51%)
ZK - $1.14 (+0.06%)
https://dropstab.com
The infrastructure project Avail secured $75m in total funding.
Investors: Founders Fund, Dragonfly, Cyber Fund, SevenX Ventures, Figment Capital, Nomad Capital, Chapter One, Mirana, and others.
https://x.com/availproject/status/1797978214284808610
Mantra announces:
▫️$237 million worth of OM staked since yesterday
▫️Now over $210 million worth of OM staked at current market price and now off-exchange
▫️That's ~29% of the OM circulating supply staked by community
▫️Staked OM has increased by over 33% following ONDO’s USDY vault launch announcement
https://x.com/mantra_chain/status/1797607467217825965
The Securities and Exchange Commission (SEC) has endorsed One Asset Management (ONEAM) becoming the first firm to launch a spot Bitcoin exchange-traded fund (ETF) in Thailand
https://www.bangkokpost.com/business/investment/2804674/thai-sec-approves-first-bitcoin-etf
Dapper Labs, the creator of the NBA Top Shot Moments NFT collection, settled a class-action lawsuit alleging the company violated securities laws by improperly selling the digital collectibles.
"The settlement in the Friel vs. Dapper Labs case further asserts Dapper Labs’ conviction that NBA Top Shot Moments are not securities under federal law," the Dapper Labs said in a statement.
https://x.com/roham/status/1797832569238483244
https://www.theblock.co/post/298286/dapper-labs-settles-nba-top-shot-moments-lawsuit-for-4-million
The Commodities Futures Trading Commission has named Mo Shaikh, co-founder and CEO of Aptos Labs, to its subcommittee on digital assets.
Others on the 34-person digital assets subcommittee include executives from BlackRock, Polygon Labs, Uniswap Labs, and BNY Mellon.
https://www.dlnews.com/articles/regulation/aptos-labs-mo-shaikh-cftc-digital-assets-subcommittee/
XOXNO, the MultiversX digital asset marketplace, is coming to xLaunchpad.
Full timeline to be published June 10.
https://twitter.com/beniaminmincu/status/1797680415979008405
🚀Bitcoin Ecosystem Tokens Launched in 2024 by FDV
💧 https://dropstab.com/categories/bitcoin-ecosystem
GameStop (GME) price has increased by more than 220% after Roaring Kitty disclosed his latest position in the stock.
https://www.theblock.co/post/298103/gamestop-roaring-kitty-memecoins-keith-gill-reddit
Arbitrum overtakes Ethereum in monthly active users.
https://x.com/sgoldfed/status/1797349402144547197
FTX settled the Internal Revenue Service’s $24 billion claim
The IRS will receive a $200 million claim in FTX’s bankruptcy to be paid within 60 days of when the company’s proposed restructuring plan goes into effect.
The agency will also receive a $685 million lower priority claim.
https://news.bloomberglaw.com/bankruptcy-law/ftx-settles-24-billion-tax-claim-wth-irs-in-bankruptcy-court
https://www.bloomberglaw.com/public/desktop/document/FTXTradingLtdDocketNo122bk11068BankrDDelNov112022CourtDocket/38
SEC to Shutter Office Behind Failed DEBT Box Crypto Lawsuit
https://www.coindesk.com/policy/2024/06/04/sec-to-shutter-office-behind-failed-debt-box-crypto-lawsuit
🔥BNB has hit a new all-time high above $700
BNB is now trading at $701.
https://dropstab.com/coins/binancecoin
Bain Capital Crypto is planning to launch a second fund, according to a U.S. Securities and Exchange Commission filing.
https://www.coindesk.com/markets/2024/06/04/bain-capital-crypto-raising-second-fund-filing/
https://www.sec.gov/Archives/edgar/data/2025495/000202549524000001/xslFormDX01/primary_doc.xml
Ripple CEO Brad Garlinghouse says XRP ETFs may come in 2025
Recently, the CEO said that following Ethereum and Bitcoin, XRP, SOL, and ADA may be next in line to receive Spot crypto ETFs.
https://watcher.guru/news/ripple-ceo-brad-garlinghouse-says-xrp-etfs-may-come-in-2025
🎉Exciting news! ICO Drops has released the biggest update since the platform launch!
💧 ICODROPS website updated!
1. A totally revamped home page with easier navigation between the site's sections and just the most crucial project information outside;
2. Project cards now include more informative internal content, including new sections with investors and ongoing activities, etc.
3. The newly included VC section features a list of VC firms with many metrics and the most recent investment rounds from funds.
https://icodrops.com/
Injective released a new quest on Galxe: Join the Ninja Revolution
Users can earn the early adopter reward access to engage with the latest Injective dApps, new testnets, ninja community and more.
http://injective.xyz/4bLmiyc
https://x.com/injective/status/1797990688682119303
💧 Top Solana Memes by Social Performance
👉 https://dropstab.com/tab/memes-by-social-performance-z33qlmwg0c
DWF Labs will purchase $12,000,000 in FLOKI tokens to support the FLOKI ecosystem.
https://x.com/RealFlokiInu/status/1797901116245471522
DeFi protocol on StarkNet Nostra Finance announces its LBP sale
Tokenomics
▫️Total supply: 100,000,000 NSTR
▫️100% unlocked on launch
▫️11% airdropped to the community on TGE
▫️Future airdrops: 14%
▫️Snapshot: soon
▫️Liquidity Bootstrapping Pool (LBP): 10-13 June
▫️Token Generation Event (TGE), including airdrop: 17 June
▫️NSTR will be live in both mainnet and Starknet
https://x.com/nostrafinance/status/1797634539021562084
On 2024-06-30, the new MiCA stablecoin rules will come into effect across the European Economic Area (EEA) and Binance will restrict the availability of Unauthorized Stablecoins for EEA users across its product offerings.
https://www.binance.com/en/support/announcement/mica-stablecoin-rules-implementation-announcement-884c621e335540e0add5fdce31597121
The crypto market is neutral
BTC Dominance - 52.64%
Market Cap - $2.59T
BTC - $69,191.25 (+1.26%)
ETH - $3,775.07 (-0.86%)
BNB - $629.7 (+3.55%)
ARB - $1.1 (-1.14%)
STRK - $1.22 (-0.27%)
W - $0.686 (+6.72%)
ZK - $1.14 (-3.27%)
https://dropstab.com
A user claimed that his OKX account was hacked by AI and over 2 million USD was stolen
https://www.wublock123.com/index.php?m=content&c=index&a=show&catid=46&id=27855
Since March, more than 500k new tokens have been issued on the Base network, including 240k new tokens in April and 177k new tokens in May.
https://x.com/wublockchain/status/1797551773470834938
https://dune.com/queries/3729319/6272382
Binance will delist OMG, WAVES, WNXM, XEM on 2024-06-17 at 3:00 UTC.
https://www.binance.com/en/support/announcement/binance-will-delist-omg-waves-wnxm-xem-on-2024-06-17-f65faeeefe07417a8b6dd2900ba8da7e