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The Funding: Why VCs are so bullish on the TON token
The Funding: Why VCs are so bullish on the TON token

Quick Take This is an excerpt from the fifth edition of The Funding newsletter sent to our loyal readers on June 29. The Funding is a fortnightly newsletter written by Yogita Khatri, The Block’s longest-serving editorial member. To subscribe to the free newsletter, click here.

The Block·2024/06/29 20:01
Spot Bitcoin ETFs see $73M inflow amid mixed fund movements
Spot Bitcoin ETFs see $73M inflow amid mixed fund movements

Share link:In this post: Bitcoin spot ETFs saw a $73 million inflow on June 28, with varying activity across different funds. Grayscale ETF GBTC had a $27 million outflow, while BlackRock ETF IBIT saw an $82 million inflow. The US government transferred 3,940 Bitcoin to Coinbase Prime on June 26, flagged by Arkham Intelligence. The SEC is cautiously approving Bitcoin and Ether ETFs but remains uncertain about other tokens like Solana.Disclaimer. The information provided is not trading advice. Cryptopolitan

Cryptopolitan·2024/06/29 15:52
Flash
09:33
Exchange brings you hot coin insights: BTW popularity surges, up 99.63% in 24H
Popularity ranking shows that HYPE tops the popularity list, and BTW has the largest increase. The popularity ranking is as follows: ① HYPE ($70.27, 4.43%) ② RE ($0.8754, 55.82%) ③ LAB ($12.51, -20.17%) ④ BTW ($0.1297, 99.63%) ⑤ ETH ($1723.28, 1.88%). The main fund buying force for BTW is weak, with a 24-hour net inflow of $14.5883 million and a 24-hour trading volume of $469 million, of which main fund net inflow is $461,000.
09:24
The U.S. House of Representatives will hold a digital finance roundtable next week to discuss how crypto assets can safeguard economic sovereignty.
According to ChainCatcher, William Timmons, Chairman of the U.S. House Military and Foreign Affairs Subcommittees and a Republican Congressman, has announced that a roundtable will be held on June 25 to focus on how digital assets and cryptocurrencies can help individuals protect their wealth, access aid, and maintain economic autonomy. In addition, the roundtable will explore the intersection of digital finance and U.S. national security interests and examine how the United States can promote financial innovation and maintain competitiveness in the digital finance sector.
09:03
Ethereum stablecoin trading volume
Ethereum stablecoin trading volume has increased by more than 53,000% since March 28.
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