Ethereum co-founder Joseph Lubin's associated wallet has transferred over 80,000 ETH, valued at approximately $121.6 million, after a period of dormancy exceeding three years. The wallet, which holds a total of 243,300 ETH (approximately $370 million), reportedly moved the significant sum recently, according to monitoring by Lookonchain.
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Bitcoin ETFs saw $326M net outflow on June 5th, per SoSoValue data. Ethereum ETFs also experienced net losses, totaling $5.97M. This dual outflow suggests profit-taking or asset reallocation by investors. Market participants will closely monitor trends.
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USDT dominates stablecoin market share in key Latin American regions, according to an Oobit report citing Artemis data. USDT's market share approaches 100% in Bolivia, Peru, and Ecuador, and is 98% in Colombia. Chile & Brazil see around 90% USDT prevalence. In Argentina, USDT holds 53% while USDC has a significant 46%, showing a more diversified market there. This highlights USDT's entrenched position in these LATAM crypto ecosystems.
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Recent fluctuations in U.S. AI chip stocks, including notable drops in NVDA and MU, have been attributed by market observers to increased expectations of Federal Reserve interest rate hikes. Despite market speculation, the fundamental underpinnings of AI development remain robust, with companies like Broadcom projecting strong demand through 2028 and capital expenditures on the rise. Market analyst Serenity emphasized that the core driver for the recent market pullback is the escalating probability of further rate increases by the Federal Reserve. Investors are advised against attempting to predict or trade based on Fed policy shifts, and instead encouraged to maintain a long-term perspective on companies demonstrating solid performance fundamentals and clear earnings outlooks.
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Cathie Wood sees the latest US jobs report differently. Despite strong job growth (172k vs. 88k forecast), she argues productivity near 3% & unit labor costs around 0.5% don't signal an inflationary boom. Wood believes these figures show healthy, productivity-driven expansion. She suggests markets are underestimating AI's deflationary impact. If right, we could see accelerating growth, falling inflation, lower interest rates, and a stronger dollar.
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Bhutan govt moved 738 BTC ($45M) to a new wallet, on-chain data shows. Source: Onchain Lens
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Bitcoin Treasury Cos. hit hard by market dip. ~ $62B market cap lost since Oct peak for firms like Artemis Data (DAT) as BTC price drops. Some stocks down more than crypto holdings. Firms relying on premium financing now struggling. Measures like reverse stock splits, new securities, and asset liquidation being considered. #bitcoin #crypto #treasury #marketcrash
A dormant "whale" investor has re-entered the market, leveraging Aave V3 to execute a significant leveraged buy of Ethereum. The entity, identified as 0x280, has deposited 38,550 ETH and borrowed approximately $90 million in USDT. This capital was then used to acquire an additional 54,092 ETH at an average price of $1,664 per ETH. Following this transaction, the whale's total ETH holdings now stand at 92,646 ETH, with a current market value of roughly $146.5 million. The move indicates a strategic utilization of decentralized finance protocols for substantial asset accumulation.
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Grayscale launches new ETF, $HYPG, on Nasdaq. ๐ This ETF provides exposure to Hyperliquid's native token $HYPE, aiming to generate staking rewards. Management fee: 0.29%. Important note: $HYPG is NOT registered under the Investment Company Act of 1940, meaning it lacks traditional regulatory protections. Investing in $HYPG is NOT the same as directly owning $HYPE tokens. Learn more: link to Grayscale's website or official announcement
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Bitget expands trading with 45 new stock spot tokens, including #IBM, #GoldmanSachs, #Citigroup, #AmericanExpress, and #JohnsonAndJohnson. Access traditional assets like US equities and ETFs in tokenized formats. Bridging TradFi and crypto for new investment avenues. More details on Bitget platform. #Crypto #Stocks #Fintech #Nostr
BitMEX co-founder Arthur Hayes has sold his holdings in Worldcoin (WLD), citing the cryptocurrency's price trajectory moving "in the wrong direction." Hayes announced his decision to exit his WLD position, indicating a bearish outlook on its recent performance.
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Bitcoin Standard Treasury Company (BSTR), led by Adam Back, is nearing the completion of its Special Purpose Acquisition Company (SPAC) merger with CEPO. The de-SPAC process is targeted for completion by the end of this month. According to public filings, BSTR anticipates holding approximately 30,021 BTC at the time of its listing. The company's treasury will comprise 25,000 BTC contributed by the founding team, with an additional 5,021 BTC acquired through a Bitcoin in-kind equity PIPE investment. If shareholder approval and final regulatory clearance are obtained, BSTR is slated to list on the Nasdaq stock exchange.
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ETH plunged below $1,550, triggering over $34M in liquidations across DeFi protocols. Lookonchain data shows 21,540 ETH liquidated. Another ~$547M (343,000 ETH) is at risk, with key liquidation levels between $1,565 and $1,361.
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Russia's central bank is proposing to limit retail investors' annual cryptocurrency investments to approximately $4,100 USD. Vladimir Chistyukhin, First Deputy Chairman of the Bank of Russia, stated that the proposed restrictions would apply to non-professional, non-qualified investors trading crypto assets such as Bitcoin (BTC), Ethereum (ETH), and Tether (USDT). The central bank currently has no plans to expand this list. Chistyukhin characterized cryptocurrencies as high-risk, volatile instruments and highlighted the risk of USDT wallets being frozen by their issuer. The annual limit is proposed to be set at approximately $4,100 USD for purchases made through a single brokerage or exchange, according to Bits media.
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Texas Securities Regulator halts alleged crypto fraud! ๐จ TSSB issued a cease & desist against BG Wealth Sharing LTD & DSJ Exchange. Allegations include unregistered securities, fraudulent sales, and promises of high, risk-free returns via AI crypto signals & MLM. Fabricated profit dashboards and fee traps for withdrawals were reportedly used. Accused of unregistered securities issuance, broker-dealer activity, and deception. #crypto #fraud #Texas #securities
Institutional investors offloaded Bitcoin in Q1 2026, reducing holdings by 17% (313k to 261k BTC). Institutions via 13F filings sold ~52.5k BTC. CoinShares analysis shows hedge funds (-39%) & broker-dealers (-53%) led the sell-off (95% of total). Banks, however, increased holdings to ~15.2k BTC, with JPMorgan, Wells Fargo expanding. Citibank also disclosed holdings for the first time.
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US Crypto Scams Skyrocket in 2025, Exceeding $11B โ FBI Reports 181,565 Complaints. Total cybercrime losses neared $21B, with crypto fraud a major driver. AI also emerged as a tool for scammers, generating 22,364 complaints and $893M in losses via voice cloning, fake IDs, and deepfakes. #cryptoscams #cybersecurity #FBI #AI #fraud
Cross River Bank has committed up to $250 million in funding to support Figure's crypto-backed lending products. The agreement, reported by Crowdfund Insider, establishes a forward flow facility where Cross River will purchase up to $250 million in assets from Figure Technology Solutions. This facility will enable borrowers to secure USD loans by using their digital assets as collateral, while retaining ownership of those assets. Figure has indicated that its loan origination system and capital markets platform are utilized by over 380 partners, facilitating more than $25 billion in home equity loans. It is important to note that these crypto-backed loan offerings are currently unavailable in select U.S. states.
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Morgan Stanley Wealth Management partners with Galaxy Digital to give high-net-worth clients new crypto ETP access. Eligible clients can lend digital assets (BTC, ETH, SOL) directly to Galaxy Digital. Through "in-kind conversion," they receive spot crypto ETP shares without selling holdings. This streamlines crypto asset transfer to ETPs, potentially cutting processing times by 75%. Galaxy Digital also lowered the minimum transaction size for Morgan Stanley clients from $25M to $5M. A more efficient and accessible way for sophisticated investors to add digital assets to portfolios via ETPs.
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Galaxy Research's Alex Thorn has reduced his 2026 US CLARITY Act passage probability from 75% to 60%. He cites the Senate's legislative calendar, heavily impacted by the unpassed FISA extension, as a growing hurdle. Slow progress on lawmaker ethics & anti-money laundering rules also contribute. Thorn remains optimistic for eventual approval but notes the legislative window is tightening, with passage likelihood subject to schedule changes.
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