☕️ GM! Here are the top events in #Crypto from the past 24 hours
📊Market Updates
🔸Franklin Templeton, Fidelity, Galaxy, Grayscale, and VanEck submit updated S-1s for spot Solana ETFs, signaling growing likelihood of SEC approval.
🔸Spot ETH ETFs end record 19-day inflow streak with $2.2M outflows as Israel-Iran conflict rattles markets. BTC ETFs see $302M inflows instead.
🔸Crypto Fear & Greed Index holds at 60 in “Greed” zone despite Israel-Iran conflict, but may slide to “Fear” if last year’s pattern repeats.
🔸ETH whales and sharks added 1.49M ETH in 30 days, boosting holdings to 27% of supply, as retail pulls back and ETH holds $2.5K support.
🔸Bitwise CEO says Bitcoin's opportunity spans $30T US Treasury market, not just gold, positioning it as a global store-of-value alternative.
🌟Highlights
🔸Trump Media CEO says firm is expanding social, streaming, and fintech arms while building a Bitcoin treasury. TMTG also filed for a BTC ETF.
🔸Trump reports over $600M income in 2024 from crypto, golf clubs, licensing deals, and NFTs, with assets valued at minimum $1.6 billion.
🔸Brazil sets a flat 17.5% tax on crypto profits, ending exemptions for small investors and applying to all holdings regardless of location.
🔸Vietnamese police halted two major crypto scams. BitMiner, which posed as a Dubai firm and stole $157K, and Million Smiles, a $1.17M fraud.
🔸Shaquille O’Neal agrees to pay $1.8M to settle FTX promo lawsuit, more than his $750K ad fee, avoiding future claims without admitting guilt.