🆕24h crypto market news - Core PCE

⏰Wednesday, May 29 2024

♨️Overview: Cash flow into digital asset funds last week reached $1.5B, bringing the total inflow since the beginning of the year to $14.9B.

MT. Gox has announced a transfer of BTC to a new wallet for a potential refund this year. There has not been any transfer of BTC to the exchange for sale and yesterday's selling mainly came from Grayscale.

♨️ETF Update: GBTC -1.51K I ARKB +59 I BITB +47

♨️This week's focus:

▪️Thursday: Announcement of US Q1 GDP

▪️Friday: US PCE, Core PCE and PMI; EU CPI

▪️Mt. Gox moves over 141K BTC to an unknown wallet

🍁Strongest increase/decrease:

- $TIA (+ 16%)    - $LDO  (-5%)

- $CHZ (+ 12%)     - $AR (-5%)

- $WIF (+ 11%)      - $SEI (-5%)

🍁Hot News:

- 32M ETH ($121B) is locked in staking platforms, accounting for 27% of supply👉Nansen

- Russian companies consider using crypto for cross-border trade with China👉Bloomberg

- Chainlink, the leading defi oracle and SWIFT, the global secure financial messaging service provider👉PCS