🔥🔥🔥 Market Briefing Tuesday - 06/05!
+ Gold returns to an upward trend, BTC stagnant at $94K, altcoin still unable to recover.
📝 ETF Spot on 05/05
+ BTC up +$424.4M, BlackRock alone continues to buy +$530.18M - third consecutive positive session
+ ETH remains unchanged, BlackRock has no data
+ Former President Trump will attend the "Crypto & AI Innovators Dinner" with AI advisor David Sacks today to raise funds with $1.5M/ticket
+ The U.S. announces a draft framework law for digital assets, expanding from the previous FIT21 proposal
+ Strategy adds another 1,895 BTC ~ $180.3M, raising total holdings to 555,450 BTC ($38B); Medical device company Semler Scientific also purchases an additional 167 BTC (~$16.2M)
+ SEC postpones decision on the Canary's Litecoin spot ETF filing to allow more time for review; VanEck files for the first BNB spot ETF in the U.S.
+ Tether mints an additional $1B USDT early this morning, marking the first mint in 05/2025
+ Ripple donates $25M to two educational organizations DonorsChoose and Teach For America, largely in stablecoin RLUSD
+ Bitcoin mining company Riot Platforms breaks its 100% hodl strategy for the first time, selling 475 BTC for approximately $38.8M
+ AI security platform Doppel successfully raises $35M in Series B funding to develop anti-fraud technology
+ Acting Chair of CFTC, Caroline Pham, stated that the agency is monitoring several tokenization pilot programs to gain further insight into digital assets
The Aave community has approved the proposal to deploy Aave V3 on the Aptos mainnet to expand the protocol
🪂 Airdrop
+ Update Binance Alpha - IDO and Airdrop schedule.
+ Binance Alpha users continue to receive SXT Airdrop on 8/5.
+ Binance Wallet continues to launch IDO MYX Finance ($MYX) this afternoon.
