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Share link:In this post: U.S. inflation is slowing, but debates about Biden’s ability to challenge Trump overshadow the good news. The IMF warns the U.S. must address its high debt levels, with the debt-to-GDP ratio predicted to hit 140% by 2032. Voters prioritize the economy, with Trump trusted over Biden by 41% to 37% on economic issues. Bitcoin struggles in a tight range, with fears of further drops due to a supply overhang in July.Disclaimer. The information provided is not trading advice. Cryptopolita
Quick Take This is an excerpt from the fifth edition of The Funding newsletter sent to our loyal readers on June 29. The Funding is a fortnightly newsletter written by Yogita Khatri, The Block’s longest-serving editorial member. To subscribe to the free newsletter, click here.
Share link:In this post: Bitcoin spot ETFs saw a $73 million inflow on June 28, with varying activity across different funds. Grayscale ETF GBTC had a $27 million outflow, while BlackRock ETF IBIT saw an $82 million inflow. The US government transferred 3,940 Bitcoin to Coinbase Prime on June 26, flagged by Arkham Intelligence. The SEC is cautiously approving Bitcoin and Ether ETFs but remains uncertain about other tokens like Solana.Disclaimer. The information provided is not trading advice. Cryptopolitan
- 06:44PAWS Launches Special Bonus for Diamond HoldersAccording to official sources, PAWS has introduced an exclusive bonus for "Diamond PAWS Holders." Users are encouraged to join the official PAWS Discord community to check whether they qualify as Diamond holders and access related reward information. Details of the bonus have not yet been disclosed and are expected to be updated within the community.
- 05:52BTC breaks through 87,000 US dollarsGolden Finance reports, market data shows that BTC has broken through $87,000 and is now reported at $86,845.31. The 24-hour increase reached 3.13%. The market fluctuation is quite large, please manage your risk well.
- 05:47Ethereum spot ETF had a net outflow of $103 million last week, with BlackRock's ETHA leading the outflowsPANews reported on March 24th, according to SoSoValue data, last week Ethereum spot ETFs recorded a net outflow of $103 million. Among them, BlackRock's ETHA had the largest net outflow of $74 million, followed by Grayscale Mini Trust ETF ETH with a net outflow of $23.67 million. The only one that recorded a net inflow was Grayscale ETHE, with an inflow of $2.87 million. The current net asset value of Ethereum spot ETFs is $6.77 billion, accounting for 2.84% of the total market value of ETH. The historical cumulative net inflow is $2.42 billion.