🆕24h crypto market news: The king returns
⏰Tuesday, March 05, 2024
♨️Overview: Digital asset investment products saw record weekly inflows of $1.84B, trading volume of more than $30B. The US saw $1.88B inflows, partly dampened by $1.46B outflows from Grayscale but offset by new issuers. BTC on OTC exchanges has ~20 BTC left, forcing ETF funds to go to the exchange to buy.
♨️SEC continues to delay approval of BlackRock and Fidelity's ETH ETF Spot
♨️This week's focus: FED Chairman will speak 2 days from Wednesday - Thursday; The US announces Non-farm and unemployment rate on Friday.
🍁Strongest increase/decrease:
- $SHIB (+576%) - $WIF (- 10%)
- $XEC (+ 46%) - $AXL (- 7%)
- $BONK (+ 41%) - $FLR (- 6%)
🍁Hot News:
- Tether issues another 1B USDT, bringing total capitalization to $99.2B👉WhaleAlert
- South Korea investigates Worldcoin due to privacy concerns👉TheBlock
- WSJ newspaper was charged with defamation for writing false information about Tether and Bitfinex 👉FinanceTimes
