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๐Ÿ—ฝ On May 6 (ET), spot Bitcoin ETFs recorded a total net inflow of $46.33 million, marking the fifth consecutive day of net inflows.

Spot Ethereum ETFs recorded a total net inflow of $11.57 million, marking the fourth consecutive day of net inflows.
๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ’ธ #BTC American Bitcoin, owned by Eric Trump, reported a loss of $82 million in the first quarter amid "record" mining volumes.
theblock.co mining
๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ’ณ #XRP JPMorgan and Mastercard have completed the first cross-border transfer of U.S. treasury bonds via the XRP Ledger network.
๐Ÿค” BNY, the worldโ€™s largest custodian bank, plans to offer digital asset custody services in Abu Dhabi through local partners Finstreet and ADI Foundation. The initiative will initially focus on #BTC and #ETH custody, with plans to later expand to stablecoins and tokenized assets. BNY oversees about $59 trillion in assets under custody and administration. #stablecoin
๐Ÿ•ต๏ธ A wallet linked to Matrixport deposited 403,290 $HYPE ($17.3M) into HyperLiquid and sold 100,000 $HYPE for 4.238M $USDC at $42.38.

The wallet still holds 303,290 $HYPE (~$13M) and is likely to sell the rest.
๐Ÿ’ฐ "The bottom is in." Everyone's saying it.

โ€œFor the bottom to be confirmed, price needs to clear 88.88K and hold - not wick through, not retest and fail. That puts the most recent cohort back in profit and removes the first layer of sell pressure.โ€
๐Ÿ†• $BILL listed on Binance futures
Forwarded from VIPInside
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๐Ÿง‘โ€๐Ÿ’ป #RWA DTCC is looking for "high-performance" blockchains for tokenizing corporate operations. Coindesk
๐Ÿ•ต๏ธ Co-founder of Samourai Wallet calls for donations to cover $2 million in legal fees. Cointelegraph
๐Ÿ†• $EWJ listed on Bybit futures
๐Ÿ†• $EWY listed on Bybit futures
๐Ÿ’ฐ #RWA Pantera Capital reports that in 2025, 168 new tokenized assets were launched, which is 115% more than the 78 in 2024.

The total tracked market capitalization increased by approximately 60% to $200.6 billion. It also notes that the $321 billion tokenization market, covering 542 assessed assets, continues to be rated on average at about 2 out of 5 in blockchain maturity level.
๐Ÿ‡ฐ๐Ÿ‡ท๐Ÿค” South Korea to Begin Virtual Asset Taxation in January 2027

According to Edaily, the South Korean government plans to start taxing virtual assets in January 2027. The National Tax Service is coordinating with major virtual asset operators โ€” Upbit, Bithumb, Coinone, Korbit, and Gopax โ€” to develop detailed taxation measures. Gains exceeding KRW 2.5 million will be taxed at a total rate of 22%, which includes 20% income tax and 2% local income tax.
๐Ÿ“Š Coinbase Launches Gold and Silver Perpetual Futures

Coinbase has launched gold (GOLD-PERP) and silver (SILVER-PERP) perpetual futures for eligible non-U.S. traders.

These USDC-settled products offer up to 25x leverage.

Additionally, Coinbase Derivatives is working with the CFTC to transition its regulated U.S. gold and silver futures to 24/7 trading, moving away from the traditional 23/5 schedule. #regulation
๐Ÿ‘ฎ DOJ is investigating $2.6 billion in oil trades placed shortly before President Trump's major Iran war announcements.
Warning โš ๏ธ

This is the future of #ZEC
๐ŸŽ USA - Initial Jobless Claims = 200,000 (expected 205,000 / prior 189,000)

USA - Continuing Jobless Claims = 1.766 million (expected 1.800 million / prior 1.785 million)
๐ŸŽ Initial Jobless Claims: 200k (prev: 189k) #macro
๐Ÿ‡ญ๐Ÿ‡ฐ๐Ÿ•ต๏ธ Kraken Parent Payward to Acquire Reap Technologies for $600 Million

According to Bloomberg, crypto exchange Kraken parent Payward Inc. has agreed to acquire Hong Kong-based Reap Technologies for $600 million. Reap specializes in stablecoin-based cross-border payments and business payment services, with many crypto-linked โ€œU cardsโ€ using Reap as underlying infrastructure. In the transaction, Paywardโ€™s issued shares were valued at $20 billion. #stablecoin
๐Ÿ“Š $2,374 spot, multi-week high in derivatives positioning, and Realized Cap is starting to expand again โ€” the cleanest signal that fresh capital is repricing the network.

Price moves on emotion. Realized Cap moves on conviction.