Crypto Pro Updates
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๐Ÿฆ๐Ÿฅณ #AVAX #RWA Libeara, tokenization platform Standard Chartered SC Ventures, and FundBridge Capital launch ULTRA US Treasury tokenized fund on the Avalanche blockchain.
๐Ÿ‡บ๐Ÿ‡ธ Lisa Cook sued Trump, Jerome Powell and the Fed Board over her removal as a member of the Fed Board of Governors.
๐Ÿ—ฝ๐Ÿ‘€ #LINK The US Department of Commerce and Chainlink are now outputting the government's macroeconomic data to onchain.
๐Ÿ‡บ๐Ÿ‡ธ๐Ÿค #PYTH The U.S. Department of Commerce has also selected the Pyth network to verify and disseminate economic data on the blockchain.
๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‘€ US macroeconomic data will be available on Ethereum (#ETH), Avalanche (#AVAX), Arbitrum (#ARB), ZKsync (#ZK), Optimism (#OP), Mantle (#MNT), Sonic (#S), Base, Botanix and Linea blockchains
๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‘€ The US government also released the latest GDP data on Bitcoin, Ethereum, Solana, TRON, Stellar, Avalanche, Arbitrum and Polygon blockchains.
๐Ÿ’ต #USDT Tether minted another 1 billion USDT
๐Ÿ’ฐ Rain, a startup working with Visa to provide enterprise-grade infrastructure for stablecoin-based payments, has raised $58 million from Samsung, Sapphire and others. theblock
๐Ÿ’ฐ #SOL DeFi Development (#DFDV) acquired another SOL for ~$77 million.
๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‘€ Crypto #ETF Flows Today:
#BTC-ETFs:
NetFlow: +838 BTC ($94.85M) ๐ŸŸข
Blackrock inflows 454 BTC ($51.38M) and currently holds 746,016 BTC ($84.4B);
#ETH-ETFs:
NetFlow: +71,506 ETH ($328.71M) ๐ŸŸข
Blackrock inflows 57,483 ETH ($264.25M) and currently holds 3,762,136 ETH ($17.29B).
๐Ÿ—ฝ๐Ÿ‘€ #SEI #ETF 21Shares registered SEI ETF in Delaware.
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๐Ÿฆ๐Ÿ”ฎ Analysts at JPMorgan said that the current price of #BTC is "too low" compared to gold, given that its volatility has fallen to historic lows.
Adjusting for volatility, analysts expect the fair value of BTC to be around $126,000 by the end of the year.
๐Ÿ‡บ๐Ÿ‡ธ๐Ÿฟ FOX: The CFTC will soon issue a clarification allowing U.S. users to trade on offshore crypto exchanges like Binance.
๐Ÿ’ต #USDC Circle minted 750 million USDC
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๐Ÿ•ต๏ธโ€โ™‚๏ธ #ETH Arkham: BlackRock just bought $262M of ETH
๐Ÿ—ฝ๐Ÿ“ The CFTC just announced new rules giving Americans a legal path to trade on offshore #BTC and crypto exchanges.
๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ™…โ€โ™‚๏ธ #ETH #ETF SEC delays staking for Grayscale spot Ethereum ETF
๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ™…โ€โ™‚ #ETH #ETF SEC deferred ruling on Grayscale's application to add steaking to Ethereum ETFs
๐Ÿ“ˆ #SOL hit $215 for the first time in 6 months

Meanwhile, public company holdings of the Solana token have crossed $900M, as more firms buy it, pushing the price up. Top SOL holders among public companies are Upexi, DeFi Dev, and SOL Strategies.
๐Ÿ‘จโ€๐Ÿ’ป Top Solana ecosystem projects by development since last month. #SOL #W #DRIFT
๐Ÿ“Š๐Ÿค” #BTC Glassnode: Spot market bias has reset. Bitcoin's CVD across major venues has reverted to neutral, contrasting with strong April buyer dominance. This suggests waning conviction among spot participants near $111k.
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