Today's big news in the cryptocurrency circle
Bitcoin ETF reduction
On June 19, nine US Bitcoin ETFs reduced their holdings by a total of 442 Bitcoins.
Ethereum ETF prospects
If the spot Ethereum ETF can attract 10-20% of the Bitcoin ETF's capital flow, it may push the ETH price above $4,000.
Bitcoin ETF inflow expectations
It is expected that the inflow of funds into Bitcoin ETFs will accelerate again in the third and fourth quarters.
German government sold Bitcoin
According to Arkham data, the German government sold about 6,500 Bitcoins, but still holds 43,359.
Exchange Bitcoin and Ethereum Stocks
Currently, the stock of Bitcoin on exchanges is the lowest in three years, while the stock of Ethereum is the lowest in eight years.
Immutable game release plan
Immutable co-founder said that more than 60 games will be launched in the next five months.
Large Bitcoin purchases
Seven hours ago, a whale or institution purchased 6,570 Bitcoins from a centralized exchange (CEX), equivalent to about $427 million.
Binance’s BNB Rewards Program
Binance announced the launch of the “HODLer Airdrops” program, a rewards program for BNB token holders that provides early access to new tokens.
Ethernity Automated Status Page
Ethernity announced that its Layer 2 status page will be automated and will go live with the testnet soon.
EtherFi DAO Proposal
EtherFi DAO proposes to use up to 50% of the protocol’s revenue for the buyback of ETHFI.
Friend.tech Initiatives
Friend.tech plans to open up transfer capabilities for $FRIEND tokens in the coming weeks.
Jito’s Testnet
Jito previews the upcoming release of the Convergent.so testnet, the first stablecoin to support LSD.
Jupiter Supply Reduction Plan
Jupiter’s CEO proposed to reduce JUP supply by 30% and extend the team’s 100% stake on the first year cliff for another two years to ensure there is no supply shock.
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