πΊπΈπ° #XRP Crypto Industry Rallies Behind Clarity Act as 200+ Organizations Push for Senate Vote
More than 200 crypto organizations, including Coinbase, Ripple, Kraken, Circle, a16z, and Binance US, signed a joint letter urging Senate leaders to advance the Clarity Act. The industry argues the bill would provide regulatory clarity, establish a federal market framework for digital assets, and help keep crypto innovation and investment in the United States. #regulation
More than 200 crypto organizations, including Coinbase, Ripple, Kraken, Circle, a16z, and Binance US, signed a joint letter urging Senate leaders to advance the Clarity Act. The industry argues the bill would provide regulatory clarity, establish a federal market framework for digital assets, and help keep crypto innovation and investment in the United States. #regulation
π΅οΈββοΈ #HYPE A newly created wallet deposited $1.86M $USDC into HyperLiquid and opened a 131,635 $CL long position with 7x leverage, valued at $12M.
π³ #AAVE A whale is borrowing $ETH and selling it to short $ETH.
Whale 0x1be4 borrowed 18,000 $ETH ($29.83M) from Aave in the past 2 days and deposited it into Binance.
Whale 0x1be4 borrowed 18,000 $ETH ($29.83M) from Aave in the past 2 days and deposited it into Binance.
π³π #ETH Santiment highlights a sharp spike in Coinbase Wrapped Staked ETH (cbETH) whale activity, with 185 transactions over $100K on June 8βthe highest daily count since January 9.
The surge occurred precisely as crypto markets bottomed and cbETH price stabilized then rebounded. Santiment interprets the timing as more consistent with whale accumulation than distribution, potentially signaling large holders building confidence in Ethereum-related assets at current levels.
The surge occurred precisely as crypto markets bottomed and cbETH price stabilized then rebounded. Santiment interprets the timing as more consistent with whale accumulation than distribution, potentially signaling large holders building confidence in Ethereum-related assets at current levels.
π June 8 Update:
Bitcoin ETFs:
1D NetFlow: -4,889 $BTC (-$311.86M)
7D NetFlow: -26,077 $BTC (-$1.66B)
Ethereum ETFs:
1D NetFlow: -8,426 $ETH (-$14.2M)
7D NetFlow: -97,515 $ETH (-$164.31M) #etf
Bitcoin ETFs:
1D NetFlow: -4,889 $BTC (-$311.86M)
7D NetFlow: -26,077 $BTC (-$1.66B)
Ethereum ETFs:
1D NetFlow: -8,426 $ETH (-$14.2M)
7D NetFlow: -97,515 $ETH (-$164.31M) #etf
π¨π³πΊπΈ US designates Alibaba, BYD and Baidu as companies that support the Chinese military.
πΊπΈπ£ Bank of America advises investors to take profits, citing "too many red flags" in the stock market.
π΅οΈ 247,999,999 $USDC (247,972,347 USD) transferred from USDC Treasury to Coinbase Institutional.