Crypto Pro Updates
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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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๐Ÿ’ต #USDC Circle minted another 550 million USDC today
โœ… #SOL Sharps Technology has closed a $400M private placement to launch a Solana treasury strategy, planning to buy SOL in the open market. Total proceeds could reach $1B if all warrants are exercised, making it one of the largest Solana treasury firms. prnewswire
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