ππ€ Matrixport: Despite hopes for a broad altcoin rally, gains remain isolated to a few large caps like #ETH and #BNB. The wider altcoin market still lacks a unifying narrative strong enough to drive collective upside.
Meanwhile, #BTC dominance has rebounded to 58%, confirming that Bitcoin continues to lead this cycle as institutional and retail capital flows stay concentrated in blue chips.
Meanwhile, #BTC dominance has rebounded to 58%, confirming that Bitcoin continues to lead this cycle as institutional and retail capital flows stay concentrated in blue chips.
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ππΈ #BTC Traders are shorting Bitcoin again, but if BTC breaks to a new ATH, over $4 billion in shorts could be liquidated.
π₯³ #SEI BlackRock and Brevan Howard launch tokenized funds on the Sei network via KAIO institutional infrastructure.
π¦π₯³ #HYPE MetaMask and Infinex now offer open-ended futures through integration with Hyperliquid
π° #SOL Upexi said they currently own 2,018,419 SOL worth more than $400 million
ππ #THE Thena updated roadmap: Will launch Arena V2, new rewards program, etc.
ππ #BTC #ETF BlackRockβs Bitcoin ETF (#IBIT) has become the firmβs most profitable by AUM in less than a year; surpassing every other ETF in its top-10 lineup, all of which are more than a decade old.
This past week, IBIT attracted ~$3.5B (~10% of total ETF flows).
Cumulative net inflows into spot Bitcoin ETFs now total ~639.58K BTC... and it's only the first year.
This past week, IBIT attracted ~$3.5B (~10% of total ETF flows).
Cumulative net inflows into spot Bitcoin ETFs now total ~639.58K BTC... and it's only the first year.
π° Fundraising:
- Digital identity platform TransCrypts completed a $15 million seed round of funding led by Pantera Capital;
- Startup Coinflow raised $25 million in funding led by Pantera, Coinbase Ventures, Reciprocal Ventures and Jump Capital;
- Anthea Holding Limited, offering cryptocurrency life insurance products, announced raising $22 million.
- Digital identity platform TransCrypts completed a $15 million seed round of funding led by Pantera Capital;
- Startup Coinflow raised $25 million in funding led by Pantera, Coinbase Ventures, Reciprocal Ventures and Jump Capital;
- Anthea Holding Limited, offering cryptocurrency life insurance products, announced raising $22 million.
π CQ: #BTCβs rally still looks intact. Profit-taking remains moderate as net realized profits keep trending higher. No signs yet of a price peak.
π¦π Bullish (#BLSH) have approached Deutsche Bank to provide fiat deposit and withdrawal services for exchange businesses regulated by the SFC in Hong Kong and BaFin in Germany. They are also planning expansion in the US. theblock
πΊπΈ North Dakota plans to issue a stablecoin called "Roughrider." bloomberg
π½π #COIN Coinbase announced the launch of DEX trading on their app, which is now available to users in the US.
π #BTC The number of addresses holding more than 100 Bitcoin hit a new all time high. Whales are accumulating.