🆕24h crypto market overview - Hello July

⏰Monday, July 01, 2024

♨️Overview:

The weekend passed with a lot of news that had a big impact on the market. SEC sued Metamask for swap and staking services on the platform, making the market not surprised when the SEC had previously approved ETH ETF Spot and responded to Consensys (Metamask's parent company) that it had canceled the investigation into ETH being a security. . The SEC also sued Lido for providing liquidity staking services through stETH.

Cash flow from US Bitcoin ETF funds has flowed in after a long time of flowing out, BlackRock has also returned to the race to buy BTC when BlackRock Global officially bought back shares of IBIT. Bitcoin closed the monthly candle as a red candle.

♨️ETF Update:

▪️Today: Off

▪️June 28: GBTC +441  IBIT +1.34K  FBTC -405   ARKB +694  BITB   BTCO  HOLD +55 BRRR   EZBC  BTCW   🟢TOTAL +1.18K BTC

🎯Focus:

▪️Following VanEck's footsteps, 21Share filed for SOL ETF Spot registration.

▪️SEC returns S-1 application for ETH ETF Spot funds, due date is July 8

▪️An important week for macro news: FED Chairman speaks, FED releases June meeting minutes; Non-farm and unemployment rate

❇️Top Increase/Decrease:

🟢$ENS    18%         🔴$KAS    1%

🟢$IMX     10% 🔴$TRX 1%

🟢$FTM     9%         🔴$AAVE   0.1%

🆕Hot News:

- Binance CEO reveals goal to help Binance reach 1B users👉Richard Teng

- The US Internal Revenue Service finalizes tax rules for crypto with controversial rules👉IRS

- BTC hash rate reaches ATL due to miners leaving or switching to other POW coins 👉CryptoQu

ant

- Arkham found Vitalik's wallet with a total of more than $830M👉Arkham