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Solana saw nearly half a million tokens launched last month.

Lido dominance has recovered with current estimates at 76.7% share among competitors.

Active loans on Morpho surpass $1 billion.

Uniswap has overtaken PancakeSwap in daily active users.

Total circulating supply of Ethena's USDe stablecoin is now over $3B, making it the fourth largest stablecoin, with nearly 2% dominance.

Net deposits on Aave crossed $20 billion.

Historically, Q3 has had the lowest volume by a significant margin, with cumulative BTC trade volume over 40% below the highest volume quarter.

A short-term, 30-day correlation between Bitcoin and the Nasdaq 100 Index of US technology stocks is around the highest since early 2023, suggesting that further gains in the equity gauge may be accompanied by a move higher in the crypto market leader.

https://dailycoin.com/thailand-approves-spot-bitcoin-exchange-traded-fund-etf/

$71,000 #BITCOIN

More than $3 billion worth of ETH has been withdrawn from crypto exchanges following the approval of spot ETH-ETFs in the US, according to Glassnode.

This significant movement underscores the growing confidence and interest in Ethereum.

Available #Bitcoin    on Exchanges is rapidly decreasing! 👀

On May 31th, U.S. spot Bitcoin ETFs saw +$50m net inflows, marking the 14th consecutive day of positive flows

JUST IN: Binance founder Changpeng Zhao (CZ) begins prison sentence in California.

JUST IN: 🇦🇺 Australia's first spot Bitcoin ETF to start trading tomorrow.

Approximately 777,000 ETH valued at about $3 billion withdrawn from exchanges following SEC approval of Spot #Ethereum ETF.

📊 Bitcoin just hit $68000

Senator Ted Cruz says he purchased 3 Bitcoin miners that started mining in Texas

https://u.today/bitcoin-btc-welcomes-100-billion-wave-from-new-mega-whales

Throughout April, Bitcoin spot ETF funds experienced outflows. However, since last week, ETF funds have seen net inflows of $242M per day, indicating that buyer demand is back on track!

Institutional Moves:

- BlackRock's two funds purchased IBIT in Q1.
- IBIT now holds 288,670 BTC, surpassing Grayscale's GBTC holdings.

- A total of 414 institutions have invested in IBIT, highlighting a growing positive trend in institutional involvement!

President Biden has vetoed a bill that would have allowed banks to hold Bitcoin and other cryptocurrencies.

On May 31th, U.S. spot Bitcoin ETFs saw +$50m net inflows, marking the 14th consecutive day of positive flows.

When including liquid staking, Ethereum mainnet TVL came within 2% of its ATH recently.

🚨🚨🚨 Kraken experiences largest outflow with $1.6 billion in #Bitcoin transactions.

https://www.coindesk.com/business/2024/05/31/tether-buys-100m-worth-of-bitdeer-shares-with-option-to-buy-50m-more/

JUST IN: Healthcare company Semler Scientific buys 581 Bitcoin worth $40 million.

The company has also adopted Bitcoin as its primary treasury reserve asset.

JUST IN: $725 billion asset manager, Bernstein, predicts Bitcoin will hit $90,000 in 2024 and $150,000 in 2025.

https://bit.ly/4bVKeyy

Bitcoin holdings of BTC investment vehicles has reached a new all-time high, surpassing 1.1m BTC.

May has seen solid net inflows of 32,690 BTC, offsetting the net outflows from April — link