Investors have pulled out $4 billion from the U.S.-listed spot bitcoin ETFs in June, the highest outflow on record. www.coindesk.com
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Scams
CoinEx Denies ‘Knowledge’ of Aiding Sanctioned Iran Crypto Market in $3.8 Billion Disconnect
by shayaanby shayaanIn brief TRM Labs said it uncovered over $3.84 billion in crypto flows between CoinEx and more than 60 sanctioned Iranian platforms …
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TL;DR U.S. spot Bitcoin ETFs recorded roughly $1.79 billion in weekly net outflows during the trading week ending June 26. The outflow …
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Markets
Tether putting $23 billion gold stockpile to work with bullion-backed loans
by shayaanby shayaanThe stablecoin issuer is extending its tokenized gold strategy by allowing holders of XAUT to borrow against their bullion, mirroring bitcoin-backed lending …
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TL;DR Deribit settled a combined BTC and ETH options expiry worth about $10.63 billion, according to the repaired batch. The batch lists …
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Markets
Too big to fail: Strategy’s $13 billion bitcoin paper loss alone dwarfs hundreds of prominent tokens
by shayaanby shayaanStrategy’s paper loss exceeds the market caps of hundreds of tokens, highlighting the extreme concentration of risk in the crypto market right …
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Markets
TRM Labs Says CoinEx Processed $3.84 Billion In Iran-Linked Crypto Flows
by shayaanby shayaanTRM Labs says CoinEx processed billions in Iran-linked crypto flows, putting exchange compliance and sanctions screening back under the spotlight. TL;DR TRM …
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Bitcoin’s drop toward the $59,000 area triggered a fresh leverage flush, with CoinGlass data showing heavy futures liquidations across the crypto market. …
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Markets
Forget max pain theory. Bitcoin is well below the $72,000 magnet going into $10 billion options expiry
by shayaanby shayaanThe popular max pain theory isn’t working out as bitcoin trades far from the $72K level a day ahead of a $10 …
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Markets
Live markets: Bitcoin, ether lead $1 billion liquidation losses as AI trade keeps going
by shayaanby shayaanA liquidation flush took bitcoin to its lowest since early June before Micron’s blowout earnings and SK Hynix’s U.S. listing plans steadied …