Crypto Pro Updates
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πŸ†•πŸŒ Kraken parent Payward is partnering with investment infrastructure provider GTN to bring Hong Kong-listed stocks to xStocks. UK, European, and South Korean equities are expected to follow, subject to regulatory approval. GTN will provide execution, custody, and recordkeeping for the securities backing the tokens. #regulation
πŸ•΅οΈ Abraxas Capital moved $29.4M worth of $ETH from Aave and Binance.

Institutional investor Abraxas Capital withdrew 13.5K $ETH (~$26M) from Aave.

The fund converted:
β†’ 6K $AETHWETH
β†’ 7.5K $AETHWETH

into native $ETH.

They also received 1.79K $ETH (~$3.4M) from Binance.
πŸ•΅οΈ Abraxas Capital moved $29.4M worth of $ETH from Aave and Binance.

Institutional investor Abraxas Capital withdrew 13.5K $ETH (~$26M) from Aave.

The fund converted:
β†’ 6K $AETHWETH
β†’ 7.5K $AETHWETH

into native $ETH.

They also received 1.79K $ETH (~$3.4M) from Binance.
πŸ•΅οΈβ€β™‚οΈ Arthur Hayes deposited another $1.25M $USDC to FalconX.

The wallet has deposited a total of $3.75M $USDC to FalconX over the past 6 days.

Address: 0x6cd66DbdFe289ab83d7311B668ADA83A12447e21
πŸ•΅οΈβ€β™‚οΈ 1,303.81 #BTC ($86,048,424)
aggregated inflows to Binance.
πŸ•΅οΈβ€β™‚οΈ #HYPE Whale Borrows 2M $USDC

A Hyperliquid whale deposited 100K $wstHYPE and borrowed 2M $USDC from HyperLend.

The wallet supplied:

β†’ 100K $wstHYPE
β†’ 103K $stHYPE

as collateral and borrowed:

β†’ 500K $USDC
β†’ 1.5M $USDC

The borrowed 2M $USDC was later deposited to Coinbase.

Address: 0x8177b8dae5b3ce7de2ca6e5449ffc6aab2f626ba
πŸ‡¨πŸ‡³πŸ—£ Nvidia CEO Jensen Huang says Chinese open-source AI models should not be banned in the US, per Axios.
πŸ“ #BTC Bitcoin & Crypto Industry Stakeholders To Meet With Republican Leadership Today To Be Updated On The Clarity Act Text, Eleanor Terrett Reports
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😱 Orange Juice co-founder Lyn Alden explains that their hybrid Bitcoin treasury strategy offers more flexibility compared to a pure-play approach. She notes that even in a bear market, they can utilize some of the business's cash flows to buy more #BTC, while a pure-play strategy faces challenges in raising capital during such times.
πŸ“Š Spot Bitcoin ETFs have brought in $930.2 million in inflows over the last 6 days. This surge reflects growing investor interest in #BTC. #etf
🌐 #SOL Solana rotates block production to a new leader every 1.6 seconds.

This epoch, 67% of blocks are being produced in Europe.

Our dashboard helps users identify optimal connection points to minimize latency.

Frankfurt average: 72ms.
US East average: 140ms.
πŸ†• $BSTOCKS live on Binance alpha.
πŸ—½ Senate has 15 days to pass the Crypto Clarity Act before leaving for summer recess.
πŸ“‰ Hester Peirce says crypto vaults and onchain lending strategies may fall under federal securities laws depending on their design.
πŸ‘€ The US has collected over $13 billion from Venezuelan oil sales this year.
πŸ‡¨πŸ‡³πŸ¦ China public company Zhibao Technology Inc. announced signing a non-binding term sheet for 3,500 #BTC as consideration for PIPE financing.
πŸ‡ΊπŸ‡ΈπŸ‘€ Crypto #ETF Flows Today:

Bitcoin ETFs:
1D NetFlow: +3,078 $BTC (+$202.63M)
7D NetFlow: +11,460 $BTC (+$754.46M)

Ethereum ETFs:
1D NetFlow: +19,682 $ETH (+$38.12M)
7D NetFlow: +70,177 $ETH (+$135.93M)
🐳 The mysterious whale who made $1.71M on a $MU long in just 10 hours is trading again.

Ahead of Google's earnings, the whale opened a 2x long on 30,584 $GOOGL ($10.65M).
πŸ—½ SEC Deputy Director of Enforcement Sam Waldon Steps Down. #regulation
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πŸ‡ΊπŸ‡ΈπŸ—½ CNBC reports on Clarity Act

"There was a reported agreement yesterday between Republicans and the White House on ethics. As far as I've heard, Democrats were not privy to this; they still have concerns. These next few weeks are critical."
πŸ—½ Senate updates Crypto Clarity Act draft bill to ban presidents and federal officials from issuing or sponsoring crypto and other digital assets.