🔥🔥🔥 Market Briefing Wednesday - 06/08

+ BTC sideways, altcoin stagnant, market sentiment index at 55 - “neutral” [CT]

+ Trump threatens 35% tariffs on the EU if they do not fulfill the $600B investment commitment to the US [CT]

📝 ETF Spot session 05/08 [CT]

+ BTC down -$195.6M, BlackRock sold -$76.8M, fourth consecutive negative session

+ ETH up +$72.4M, BlackRock received +$87.9M alongside 2 other parties

+ SOL no fluctuations

+ SEC declares liquid staking does not violate securities laws in new guidance [CT]

+ Brazil will hold a parliamentary meeting on 20/8 to discuss the proposal to use 5% of foreign exchange reserves ~$18.6B to establish a Bitcoin reserve [CT]

+ CZ requests the court to dismiss the lawsuit demanding $1.76 billion from FTX, claiming the allegations are baseless and he is not under U.S. jurisdiction [CT]

+ Coinbase launches "Embedded Wallet" crypto wallet integrated for developers, focusing on supporting popular stablecoins like USDC [CT]

+ Base encountered a 33-minute block creation halt on 5/8 due to transfer issues; the system has now been restored [CT]

+ MetaMask is rumored to be collaborating with Stripe to launch the stablecoin MetaMask USD (mmUSD), but both parties have not yet confirmed the plans [CT]

+ MEI Pharma becomes the first U.S. listed company to use Litecoin as a primary reserve asset, after purchasing 929,548 LTC ~$110.4M [CT]

+ CEA Industries🇨🇦 successfully raised $500M to deploy a BNB reserve, led by YZi Labs [CT]

🪂 Airdrop

+ Airdrop Midnight from Cardano [CT]

+ Succinct Update - Claim airdrop [CT]

+ Claim airdrop TOWNS - The end of a romance [CT]

+ Update Airdrop Doma - Receive Sand NFT [CT]

#Write2Earn $BTC