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Philippines Implements New Crypto Regulations: Compliance Accelerates as Industry Faces Major Res...
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๐ฅ Crypto Market Plunges Amid Middle East Tensions ๐ Geopolitical shock: Israel strikes Iran, markets tumble. BTC down 4.42% below $104K ETH plunges 10.07%, now under $2.5K ๐ฅ Sector Highlights (24h): CeFi: -3.63%, but LEO +1.30% PayFi: -6.77%, KTA -22.55% Layer1: -7.88%, ADA/SOL/SUI all -10%+ GameFi: -10.64%, NXPC +8.20% on Nexon takeover rumors Meme: -11.71%, PEPE -14.55%, FARTCOIN -18.62% DeFi: -11.73% Layer2: -13.02% ๐ Bloodbath across the board, except a few pockets of green. #CryptoCrash #bitcoin
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๐ ETH Spot ETFs Net Inflow (June 12): $112M ๐ BlackRockโs ETHA led with $102M inflow ๐ฅ Fidelityโs FETH followed with $10.83M ๐ Totals so far: ๐ผ AUM: $10.76B ๐ต Cumulative Net Inflows: $3.857B ๐ ETF share of ETH market cap: 3.38% ๐ ETH inflows still lag behind BTCโs, but ETHA is showing strong momentum โ institutions warming up to Ethereum exposure. #EthereumETF #ETHA
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๐ BTC Spot ETFs Net Inflow on June 12: $86.31M ๐ฅ BlackRockโs IBIT leads again with $288M inflow ๐ Fidelityโs FBTC sees $197M outflow โ biggest of the day ๐ Grayscaleโs GBTC flips to a small $5.89M inflow ๐ As of now: ๐ช Total AUM: $130.26B ๐ต Cumulative net inflow: $45.31B ๐ ETF share of BTC market cap: 6.18% ๐ Strong inflows continue, but capital rotation is clear โ IBIT dominates while FBTC faces outflows. #BitcoinETF #IBIT
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Morning News Update #Web3 ๐ฃ๏ธ #Coinbase CEO urges U.S. Congress to pass both CLARITY and GENIUS Acts together for a unified crypto framework. ๐ฆ #BlackRock places crypto assets at the center of its 2030 strategic vision. ๐ฐ #TheBlockchainGroup raises โฌ9.7M to expand its Bitcoin treasury strategy. ๐ #TRUMP calls for a 200bps Fed rate cut, aiming to boost economic momentum. ๐ U.S. jobless claims rise to highest level since October 2023 โ signaling labor market cooling.
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