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US spot bitcoin ETFs experience net outflows of $226 million led by Fidelity’s FBTC
US spot bitcoin ETFs experience net outflows of $226 million led by Fidelity’s FBTC

The U.S. spot bitcoin ETFs reported $226 million in net outflows on Thursday.Fidelity’s FBTC saw net outflows of $106 million, its second largest since debut.

The Block·2024/06/14 04:25
On the Margin Newsletter: CPI takeaways and an update from Brian Armstrong
On the Margin Newsletter: CPI takeaways and an update from Brian Armstrong

Beneath top level numbers in May’s CPI print lies a treasure trove of insights as to where inflation might be headed

Blockworks·2024/06/14 01:10
Lightspeed Newsletter: Solana begins creating blocks with new ‘scheduler’
Lightspeed Newsletter: Solana begins creating blocks with new ‘scheduler’

Roughly 90% of validators have upgraded to the new software, and many have reported using the scheduler

Blockworks·2024/06/14 01:10
Empire Newsletter: The intersection between crypto and AI is growing
Empire Newsletter: The intersection between crypto and AI is growing

Plus, Sam Brown’s victory in Nevada could position crypto to be a race-defining issue this November

Blockworks·2024/06/14 01:10
SEC Chair Gensler skirts questions on ETH as a commodity
SEC Chair Gensler skirts questions on ETH as a commodity

The individual issuers are working with SEC staff to get registration statements approved, Gensler said

Blockworks·2024/06/13 22:55
Flash
08:37
WLD plummeted over 20% at one point, with a market capitalization dropping to $2.247 billion
BlockBeats News, June 6th, according to an exchange market data, WLD once fell by over 20%, currently trading at $0.4319, with a market cap of $2.247 billion. Arthur Hayes stated today that he has liquidated all his holdings of Worldcoin (WLD), diverging from his public commitment to holding WLD less than a day ago. Hayes views WLD as a liquidity proxy asset for AI-themed trading. He believes that as SpaceX puts more emphasis on AI and connectivity businesses, a strong performance at its listing will drive the entire AI and tech sector, with WLD serving as a substitute for retail investors who find it challenging to directly participate in SpaceX equity trading. However, SpaceX's stock has recently seen a significant drop in its pre-IPO price in the private market. Data indicates that the SpaceX pre-IPO price on Hyperliquid has fallen by over 50% in recent days, diminishing the appeal of AI concept trading and prompting Hayes to change his stance and exit WLD. Over the past month, WLD had defied the trend with an approximately 70% increase, but with the recent pullback, its one-month gain has narrowed to around 45%.
08:21
If Bitcoin surpasses $63,000, the mainstream CEX's total short liquidation amount will reach $1.513 billion.
BlockBeats News, June 6th, according to Coinglass data, if Bitcoin breaks through $63,000, the cumulative short liquidation intensity of mainstream CEXs will reach $1.513 billion. Conversely, if Bitcoin falls below $59,000, the cumulative long liquidation intensity of mainstream CEXs will reach $989 million. BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of the liquidated contracts. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to neighboring liquidation clusters, that is, the intensity. Therefore, the liquidation chart shows to what extent the price of the underlying asset will be affected when it reaches a certain level. A higher "liquidation bar" indicates that the price will have a more intense reaction due to a liquidity cascade.
08:11
NVIDIA Launches First Personal Laptops Designed for AI Agents
On June 6, NVIDIA announced the release of its first personal laptops specifically designed to run AI 'agents', collaborating with manufacturers such as Dell, Lenovo, and HP to produce these laptops.
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