Bitcoin
According to one CryptoQuant analyst, a negative Bitcoin Coinbase Premium Index suggests lower demand from US investors.
The price of bitcoin rose past $67,000 on Thursday despite Mt. Gox distributions nearing the halfway point of completion.
The investment giant’s head of digital assets discussed the company’s approach to crypto during a talk at the annual Bitcoin Conference, which kicked off Thursday in Nashville.
DeFi
The governance submission aims to implement a fee switch and a buyback program to increase the utility of staked AAVE.
More than 75,500 crypto traders were liquidated over the last 24 hours as prices of major digital assets retraced.
Ethereum
The price of ether fell more significantly than bitcoin on Wednesday, as outflows from spot ether ETFs topped $133 million.
Solana
Since the beginning of the year, Solana has seen several ecosystem metrics increase substantially, benefiting from Solana’s parallelization capabilities.
Some Mt. Gox creditors received a distribution of BTC and BCH for the first time in ten years.
A massive outflow of $484 million from Grayscale’s ETHE brought the total inflow number across spot ether ETFs to $107 million on the first day of trading.
The supply of ether has been growing non-stop since April. Will the weakening of the “ultrasound money” narrative hurt ETF inflows?
