🔥 Brief market news Friday - June 14

+ Bitcoin Spot ETF is expected to have a heavily negative session on June 13 when Fidelity, Ark, Grayscale sold more than $220M (No data from BlackRock yet) [CT]

+ PPI production inflation in May was lower than expected, a good sign that consumer inflation may continue to decline sharply in the near future (PPI is a precursor to CPI) [CT]

+ MicroStrategy opens another $500M bond sale to collect more Bitcoin [CT]

+ Chairman Gary Gensler expects the SEC to approve the Ethereum Spot ETF by the end of summer (September) [CT]

+ Terraform Labs dissolves, pays $4.5B to the SEC and calls on the community to take over Terra Network [CT]

+ zkSync announced 13 projects receiving airdrops with a redistribution mechanism for users [CT]

+ Pixelverse airdrop hunting / Taiko Trailblazers airdrop hunting [CT]

+ UwU Lend, the lending protocol hacked for nearly $20M on June 10, was hacked again for $3.5M [CT]

+ Holograph $HLG drops up to 60%, hackers attack and mint another 1 billion tokens [CT]

+ Manta Network sets up a $50M fund / NEAR establishes Nuffle Labs, raises an additional $13M [CT]

+ Paradigm raises $850M for third investment fund, focusing on Crypto [CT]

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