US-based Bitcoin ETFs see robust capital inflows of $257.3 million, signaling renewed investor interest. Notable providers like Grayscale and BlackRock report positive inflows, reflecting a bullish sentiment. Debates on transparency and market manipulation resurface amidst BTC's stability at $66,109.
Xu LinCryptocurrency market bounce aligns with stablecoin market cap growth, signaling increased industry inflows. Recent plateau suggests stagnant sentiment. Future stablecoin trends may offer insights into broader market direction.
Huang BoBitcoin remains stable above $66,000, with significant whale accumulation indicating bullish sentiment. Large investors acquire over 3400 BTC, fueling anticipation of a price rally. Market sentiment suggests increased demand from whales may drive upward movement. Despite subdued trading, the positive trend in the U.S. Spot Bitcoin ETF boosts investor confidence.
EdmundBitcoin surged to $66,000 but faces potential correction with 18,000 options expiring today. Max Pain at $63,000 suggests price pressure. Despite softer CPI data, demand for short-term downside protection remains. Long-term outlook optimistic, with growing institutional involvement, especially with CME Group's Bitcoin spot trading introduction.
Xu Lin600 companies invest $3.5 billion in spot Bitcoin ETFs via SEC filings. Major players include Morgan Stanley and Millennium Management. Despite recent decreases in inflows, demand remains strong among financial institutions.
Huang BoBitcoin's correlation with US stocks rises, indicating market shift. Despite economic uncertainties, Bitcoin rebounds, outpacing S&P 500. ETF inflows signal investor interest. Whale activity decline noted, but could signal bullish trend if reversed.
EdmundOn May 15, US spot bitcoin ETFs saw robust performance, accruing $303 million in gains over three days. Blackrock's IBIT observed zero inflows, while Grayscale's GBTC recorded $27 million inflows. FBTC led with $131 million inflows, emphasizing a competitive landscape among ETFs.
Xu LinWhale loses 1,155 BTC ($71M) in sophisticated hack, highlighting crypto security risks. Hacker exploits phishing tactic, underscores importance of offline key generation, hardware wallets, and cautious transaction practices. Tips include verifying addresses, conducting test transfers, and exploring multi-signature methods for added security.
Huang BoInsider hints at X Payments launch, potential impact on banks. Dogecoin community anticipates inclusion. Elon Musk supports DOGE integration but cautious due to regulatory concerns. Ripple's legal battle highlights regulatory scrutiny in crypto industry.
EdmundDogecoin (DOGE) breaks crucial resistance at $0.153, sparking optimism for a rally. Analyst Kevin Capital predicts upswing to $0.22 after successful breakout above key levels. Meme coin market sentiment improves, with DOGE showing upward momentum at $0.1549.
Huang BoRecommended readings tonight: 1. In-depth understanding of Babylon ecosystem: shared BTC security and BTC staking; 2. How is the TON ecosystem developing? What airdrops are worth paying attention to? ; 3. New branches on the old tree: Arweave's new narrative and potential benefits;
JinseFinanceArgentina's economic woes deepen as inflation hits record highs, driving tourists and dollars away. President Milei's policies have significantly impacted the economy, making Argentina less appealing to foreign visitors. His meeting with Elon Musk in Texas focused on market liberalization and reducing bureaucratic hurdles to foster investments in Argentina's lithium sector.
BerniceArgentina implements VASP registry, disappointing Bitcoin advocates. President Milei's stance contrasts with El Salvador's pro-Bitcoin policies. New regulation affects services like Strike's Send Globally function. Some see it as necessary for economic growth, while others lament missed opportunity to embrace Bitcoin.
EdmundIn recent years, Argentina's domestic economic situation has been poor and it has long faced hyperinflation. At the end of 2023, its inflation rate was as high as 211.4%, surpassing Venezuela's 193%, making it the country with the fastest currency depreciation in Latin America.
JinseFinanceArgentina revises the omnibus bill, removing crypto tax benefits amid legislative debates, reflecting cautious crypto regulation and a dynamic approach to economic reform under President Milei's administration.
WeiliangArgentine President Javier Milei warns against the Western world's shift to collectivism, advocating for free market capitalism. He emphasizes its role in global prosperity, citing Libertarian ideals and successful entrepreneurs as key contributors. Milei urges vigilance against policies hindering free markets, as they lead to poverty and diminished quality of life.
SanyaJavier Milei assumes Argentina's presidency, promising radical economic reform amidst a severe crisis, reflecting the nation's hope for a transformative libertarian approach.
YouQuanThe announcement comes as part of broader leadership changes, with economist Osvaldo Giordano heading the ANSES and engineer Horacio Marín taking charge of YPF from December 10.
DavinLibertarian Javier Milei was elected President of Argentina, and he has introduced an economic shock therapy. He does not advocate for using Bitcoin as the legal tender in Argentina.
OliveMilei has been outspoken in criticising Argentina's central bank, denouncing it as a scam and a tool for politicians to impose an "inflationary tax" on the public.
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