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Global crypto investment products’ four-week net outflow streak has surpassed $1 billion — with a further $251 million exiting the funds last week.Some $307 million worth of net inflows into the new spot crypto exchange-traded funds in Hong Kong were overshadowed by substantial net outflows for the U.S. spot bitcoin ETFs.
Bitcoin derivatives traders are betting on a bullish price move above the $100,000 mark in September, according to analysts.However, bitcoin whales are continuing to send assets to exchanges — suggesting potential short-term sell pressure — analysts added.
The online survey reveals that swing state voters believe crypto is an important issue, according to a statement released by DCG on Tuesday. Of the states surveyed, Ohio voters are more negative towards crypto, the survey found.
Uncertainty around the future price of ether has kept its options implied volatility elevated, according to analysts.Bitcoin’s implied volatility has seen a substantial reduction, indicating a trend toward stability in the bitcoin market.
- 03:21The new EOS token economic model is planned to be deployed to the main network before the end of May, and the EOS staking rewards are expected to be launched before the end of JuneYves La Rose, CEO of the EOS Network Foundation (ENF), stated on platform X: "Our current goal is to complete the coding, auditing, testing of the new EOS token economic model and submit it as an MSIG (multi-signature proposal) so that they can be deployed to the mainnet before the end of May. After this initial activation phase, our aim is to launch EOS staking rewards by the end of June." Previously reported, the main content of the new EOS token economics proposal was to curb inflation with a fixed supply of 2.1 billion tokens and destroy 80% of future total supply.
- 03:19Puffer Finance mainnet is live, users can deposit ETH, stETH or wstETHPuffer Finance announced that its mainnet has officially launched. Users can now deposit ETH, stETH or wstETH, with detailed Chapter 4 tasks soon to be released, expected to bring an improved points system. Puffer also stated that all stETH deposits will be converted into ETH in the coming weeks to provide funds for a new wave of diversified validators.
- 03:17Nethermind is collaborating with Near and Eigen Labs on the NFFL project to advance blockchain abstractionEthereum ecosystem developer Nethermind is collaborating with Near and Eigen Labs on the NFFL project to advance blockchain abstraction. The aim of NFFL is to significantly enhance the scalability and interoperability of blockchains, and it's being tested on the Holesky EigenLayer testnet.