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Quick Take U.S. spot bitcoin ETFs recorded $381.4 million in net inflows on Monday, marking their largest daily inflow since Jan. 30. Bitcoin held steady while major U.S. stock indexes and the dollar declined on the day.
Quick Take Global crypto funds recorded minor net inflows of $6 million last week, with XRP investment products overcoming outflows from Bitcoin and Ethereum ETPs, according to asset manager CoinShares. Sentiment toward the asset class remains mixed but is showing “signs of recovery,” Head of Research James Butterfill said.
Quick Take DoubleZero co-founder Austin Federa explains how the public internet bottlenecks blockchain performance — and how his firm is seeking to address this by building a dedicated global fiber network.
Quick Take Metaplanet CEO Simon Gerovich said that, despite concerns over the company’s share price, its goal is to “create long-term corporate value,” not to achieve returns based on short-term stock price fluctuations. Gerovich said Metaplanet’s bitcoin treasury strategy is already demonstrating results, but the firm is “just getting started.”
Quick Take Galaxy Digital swapped over $100 million worth of ETH for SOL in the past two weeks, Lookonchain said. This coincides with ETH dominance dropping to its all-time low earlier today, to under 7%.
In Brief Pi Network has potential to reach $5, supported by significant investor withdrawals. Technical indicators show positive trends, urging cautious monitoring from investors. Anticipated exchange listings could further influence market dynamics for Pi Coin.
- 19:58Israeli Prime Minister Netanyahu: Large Stockpiles of Iranian Missiles and Several Nuclear Facilities DestroyedAccording to CCTV News, on the evening of the 13th local time, Israeli Prime Minister Netanyahu released a video statement via his social media account, stating that the Israeli military had destroyed a large number of Iranian missile stockpiles and several nuclear facilities, emphasizing that the military's actions were not directed at the Iranian people. In his statement, Netanyahu also said that the actions taken by the Israeli military against Iran that day were "one of the largest operations in history."
- 19:10Bitget Wallet Launches Second Water-Drawing Event, Distributing 200,000 Test Tokens in Collaboration with Pharos and CESSBitget Wallet launches the second phase of its "Faucet Event," partnering with Pharos and CESS to distribute a total of 200,000 tokens. The event runs from June 13 to July 13, aiming to create a "one-stop, efficient faucet" platform. In the first phase, over 15,000 users claimed test tokens through Bitget Wallet, with more than 2,000 daily participants on average. In this phase, users can claim 100,000 PHRS test tokens provided by Pharos and 100,000 CESS test tokens from CESS within Bitget Wallet, as well as a $50,000 CESS token reward after TGE. Bitget Wallet will continue to integrate high-quality testnet resources, building an efficient gateway for users to connect with new projects and further strengthening its brand as the preferred tool for participating in Web3 testnets.
- 19:09Bitget Onchain Launches RICO, SGC, and KTA TokensForesight News reports that Bitget Onchain has listed the MEME tokens RICO, SGC, and KTA from the Solana, BNB Smart Chain, and Base ecosystems. Users can start trading these tokens directly in the onchain trading section. Bitget Onchain aims to seamlessly connect CEX and DEX, providing users with a more convenient, efficient, and secure onchain trading experience. Users can trade popular onchain assets directly using their Bitget spot accounts (USDT/USDC). Currently, it supports major public chains such as Solana (SOL), BNB Smart Chain (BSC), and Base.