🚀🚀🚀Crypto market news Wednesday, May 8, 2024

❇️ Within the last 24 hours, 62,214 traders were liquidated, with a total liquidation value of $167.85 million.

The largest liquidation order occurred on Binance - BTCUSDT value was $6.36M.

❇️ Grayscale suddenly withdrew its application for the Ethereum Futures ETF fund

(Note, this is an application for the Ethereum Futures ETF, not an application for the Ether Spot ETF)

❇️Bitcoin ETF US Flow Today

Grayscale (GBTC) SOLD 28.6 million USD

Fidelity (FBTC) BUY $4 million

ARK (ARKB) BUY 2.8 million USD

Bitwise (BITB) $0

Franklin (EZBC) $0

VanEck (HODL) $0

WisdomTree (BTCW) $0

BlackRock (IBIT), Invesco (BTCO), Valkyrie (BRRR) => No statistics yet

❇️ Lava Foundation raised 11 million USD in tokens before the airdrop

❇️ Solana DePIN Ambient raises pre-token launch funds, acquires PlanetWatch's network

❇️ Susquehanna International Group adds 1 billion USD Bitcoin ETF to its investment portfolio

❇️ FTX plans to fully repay all creditors 'plus billions in compensation' (for the time value of their investment)

❇️ Binance CEO Richard Teng said the Nigerian government set a dangerous precedent after inviting company executives to meetings before detaining them.

❇️ Ex-Digitex Futures Exchange CEO pleads guilty to violating the Bank Secrecy Act

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