What happened in Crypto in the last 12h:
- $XRP SEC v. Ripple case over
- BlackRock $BTC ETF +$53M
- $ETH Plus-Token FUD
- $SOL Brazil Solana ETF
- Grayscale New fund $SUI $TAO
- OKX delists $PCI $MSN $SLN
- $CRV Inflation reduction
- $CSPR Prove AI
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• 3 days of big outflows in the BTC ETF recently. However, today's net inflow for $IBIT is +897 BTC (+53M)
• $XRP - The SEC v. Ripple case has concluded with Ripple fined $125 million and an injunction against future securities law violations.
• $ETH - Lookonchain deleted the previous analysis about Plus-Token (FUD). According to @EmberCN, most of the 789,534 $ETH were sold from June to September 2021.
• $SOL - The Brazilian Securities and Exchange Commission (CVM) approved the first Solana spot ETF with CME Group, to be live in 90 days.
• $SUI $TAO - Grayscale has introduced new crypto funds for Bittensor's TAO and Sui's SUI, accessible to accredited investors.
• $CSPR - Casper announced the first phase rollout of Prove AI, developed alongside IBM, with the official launch set for September.
• $CRV - With the Curve Finance team unlock completed, $CRV inflation will be reduced to 6% on August 13.
• OKX to delist $MSN, $OMN, $REP, $IGU, $PCI, and $SLN spot trading pairs on Aug 9.
• Japanese public company Metaplanet secures ¥1 billion loan to buy more Bitcoin, and MicroStrategy will be buying $2 billion soon.
[Note to self] Initial Jobless Claims are released on Thursday at 14:30 UTC. Following last Friday's payroll report, market volatility has increased, and any signs of job market weakness could impact stock/crypto.