Today's summary and tomorrow's events. https://t.me/bingx1/2147483647
π24β€11π3
BingX Crypto & Financial News
Iran's Foreign Minister announced that safe passage through the Strait of Hormuz will be permitted for two weeks. During this period, Iran and Oman will impose fees on ships transiting the strait. As a consequence, WTI crude has fallen approximately 19%, andβ¦
Oil executives are urging the Trump administration to reject any deal that would allow Iran to impose tolls in the Strait of Hormuz, Politico reports.
π39π€15π‘7π€―6π2
Canary Capital has filed an application with the SEC to establish a spot ETF for PEPE. theblock.com
π€¨22π7π€4
BingX Crypto & Financial News
Yesterday, spot Bitcoin ETFs experienced net outflows of approximately $159.1 million, while spot Ethereum ETFs saw net outflows of about $64.7 million.
Bitcoin spot ETFs experienced a net outflow of approximately $124.5 million yesterday, with Morgan Stanley's Bitcoin ETF attracting $34 million on its debut day. [coindesk]
Ether spot ETFs saw a net outflow of roughly $18.6 million.
Ether spot ETFs saw a net outflow of roughly $18.6 million.
π€41π14π€―9π₯3π1
BingX Crypto & Financial News
Yesterday, spot Bitcoin ETFs experienced net outflows of approximately $159.1 million, while spot Ethereum ETFs saw net outflows of about $64.7 million.
Bitcoin ETFs experienced roughly $124.5 million in net outflows yesterday, with Morgan Stanleyβs Bitcoin ETF gathering $34 million on its debut day. Meanwhile, spot ETH ETFs saw approximately $18.6 million in net outflows. coindesk
π€35π10π€―7π₯±3π2
Treasury Secretary Bessent calls on Congress to establish cryptocurrency market regulations, emphasizing urgency with a statement that βtime is running out, and we must take action now.β
π€¨35π€10π6π2
Whale and Institutional Transactions:
The Ethereum Foundation continues its asset liquidation, selling 3,750 ETH valued at approximately $8.3 million at an average price of $2,214 per ETH. Remaining holdings amount to 1,250 ETH worth roughly $2.77 million.
In a separate event, an individual attempted to manipulate the Fartcoin market by taking long positions totaling 145.24 million tokens across four wallets. The effort resulted in liquidation and a loss of approximately $3.02 million.
The Ethereum Foundation continues its asset liquidation, selling 3,750 ETH valued at approximately $8.3 million at an average price of $2,214 per ETH. Remaining holdings amount to 1,250 ETH worth roughly $2.77 million.
In a separate event, an individual attempted to manipulate the Fartcoin market by taking long positions totaling 145.24 million tokens across four wallets. The effort resulted in liquidation and a loss of approximately $3.02 million.
π€―41π€16π8π4π1
The cryptocurrency card market's monthly volume has reached $600 million, with USDC gaining momentum against USDT. theblock.com
π45π€16π5π1
The cryptocurrency card market's monthly volume reaches $600 million, with USDC gaining ground against USDT. theblock.com
π43π₯16π7π€4π2
Binance has delisted BIFI, FIO, FUN, MDT, OXT, and WAN from its spot trading platform. Further information is available at binance.com.
π€27π5π4π€―1
This media is not supported in your browser
VIEW IN TELEGRAM
AI Visa has launched a trading platform that facilitates transactions through autonomous artificial intelligence. cointelegraph
π28π6π€4π2π€―1
Chainalysis projects that stablecoin transaction volumes could exceed one quadrillion by 2035. cointelegraph.com
π€―42π12π₯5π3π€3
Chainalysis projects stablecoin transaction volumes could exceed one quadrillion dollars by 2035. cointelegraph.com
π€19π3π€―1
Bhutan has transferred $23 million in Bitcoin, reducing its total holdings by 70% from their peak.
π€―36π€8π±5π2
Santiment reports that Wrapped Ethereum (WETH) has seen unprecedented growth in network activity and active addresses in 2023. On Wednesday, 32,058 new WETH wallets were created, exceeding the average by over 16 times, while active WETH wallets reached 46,650, more than three times the average.
π±32π7π4π₯2
Data from crypto analysts shows that nearly 1% of Polymarket traders generated over $5,000 in a single month. Only 0.1% of traders reached this threshold again the following month, and just 0.015% maintained such performance for four consecutive months. cointelegraph
π€48π16π11π€―3