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The market has gone into standby mode, spot trading on exchanges has fallen to its lowest since October 2020, — CryptoQuant. Coins are hardly being sold and are not moving on-chain. This reduces pressure on the price, but demand is also weak.
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Ethereum Foundation Unveils New Treasury Policy. Focus on sustainable development and support for the Ethereum ecosystem over the next 18 months. ➡️ Operating Budget: 15% of Treasury. ➡️ Reserve: Covers 2.5 years in advance. ➡️ Goal: Reduce expenses to 5% over 5 years.#BinanceAlphaAlert
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Bitcoin on-chain activity has increased sharply, according to Santiment: - 556,830 new wallets created on May 29 (maximum since December 2023); - June 2 - circulation was 241,360 $BTC (maximum since December 2024).
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👁 Worldcoin on the cover of Times - the Internet will inevitably need some kind of proof-of-humanity system in the near future.
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Michael Saylor's Strategy has started selling orange Bitcoin ties in its online store, for $80 each. Self-respecting cryptons will definitely buy 👍
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