US-based spot Ether exchange-traded funds (ETFs) have posted the first net outflow day after a record 19-day streak of consecutive inflows. On June 13, spot Ether (ETH) ETFs recorded net outflows of $2.1 million, ending the longest inflow streak since the products’ launch in July 2024, according to Farside data. Streak beats previous record by … Read more
The U.S. Securities and Exchange Commission (SEC) has appointed a former blockchain executive, signaling a strategic shift toward enhanced expertise in cryptocurrency regulation. This move reflects the SEC’s intent to bridge the gap between regulatory frameworks and the rapidly evolving blockchain industry, aiming for more informed policy-making. According to COINOTAG, the integration of industry insiders … Read more
Binance froze assets, traced blockchain trails, and helped crack a cross-border ransom-for-crypto network as it dismantled a $3.75M laundering ring hiding in casinos. Binance Neutralizes Crypto Laundering Hub Hidden in Junket-Casino Labyrinth Crypto exchange Binance revealed on June 13 that its Financial Intelligence Unit (FIU) supported Philippine law enforcement in dismantling a sophisticated kidnapping-for-ransom operation … Read more
If you’ve spent any time in the world of cryptocurrencies, you’ve probably heard the word “capitulation” thrown around, often during moments of panic when prices are plummeting. But what does it mean when someone says the crypto market is capitulating? And why should you, as an investor or even an observer, pay attention? Let’s break … Read more
Institutional interest in Bitcoin surges with ETF inflows hitting $970 million in three days, yet weakening on-chain fundamentals cast doubt on short-term price strength. Despite the influx of capital from ETFs, declining stablecoin liquidity and key valuation metrics suggest a cautious market environment. According to COINOTAG, “The interplay between rising institutional demand and shrinking retail … Read more
Key Points: Iran to continue its nuclear activities post-Israeli airstrikes, involving key leaders. Iran’s nuclear stance remains firm amidst geopolitical tensions. No significant financial market reactions in the crypto sector so far. Iran announced the continuation of its nuclear activities following Israeli airstrikes on strategic sites such as Natanz and Fordow. State television confirmed the … Read more
Invesco Galaxy’s registration of a Solana ETF in Delaware marks a critical milestone toward SEC approval, signaling growing institutional interest in Solana and altcoins. This move is expected to enhance Solana’s market liquidity and could mirror the positive market shifts seen with Bitcoin ETF launches. According to COINOTAG, prediction markets currently assign a 91% probability … Read more
Key Points: Whale trader shorts ETH, DOGE, PEPE, XRP, and HYPE totaling $57.5M. Highest profits from DOGE shorts, reaching $2.48M. Market sees significant shifts with unrealized HYPE losses at $3.21M. Whale trader Hyperliquid address 0xa31 launched significant short positions totaling $57.5 million on ETH, DOGE, among others, on June 12. This activity has caused realizations … Read more
Trump Media and Technology Group (TMTG), the company that owns US President Donald Trump’s Truth Social platform and is partially owned by the president, has received approval from the US Securities and Exchange Commission (SEC) for its registration statement tied to its $2.3 billion Bitcoin treasury deal. According to a June 13 SEC filing, the … Read more
The broader crypto market has experienced a sharp correction, triggered by over $1 billion in liquidations and the expiration of more than $3 billion worth of Bitcoin and Ethereum options. As a result, nearly every major cryptocurrency has seen notable declines, including Bitcoin, Ethereum, and Solana, which have each dropped by around 7%. The total … Read more