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UK crypto ETNs see low trading volumes; retail access would be a 'game changer,' says 21Shares
UK crypto ETNs see low trading volumes; retail access would be a 'game changer,' says 21Shares

Since launching on May 28, crypto ETNs have had a slow start to trading in the UK, generating around $500,000 in total volume.With the bitcoin and ether products currently available only to professional investors, opening them up to the retail market would be a “game changer,” according to 21Shares.

The Block·2024/06/10 13:13
Top 4 Altcoins to Watch Next Week
Top 4 Altcoins to Watch Next Week

Cryptodnes·2024/06/10 10:49
Spot Ethereum ETFs could capture up to 20% of Bitcoin ETF flows, analyst predicts
Spot Ethereum ETFs could capture up to 20% of Bitcoin ETF flows, analyst predicts

Ethereum spot exchange-traded funds (ETFs) could capture between 10-20% of the flows currently directed towards bitcoin ETFs, Bitfinex head of derivatives said.

The Block·2024/06/10 10:07
Crypto investment products saw $2 billion in inflows last week amid rate cut anticipation: CoinShares
Crypto investment products saw $2 billion in inflows last week amid rate cut anticipation: CoinShares

Global digital asset investment products saw net inflows for the fifth consecutive week, adding $2 billion.

The Block·2024/06/10 09:49
Three Things That Could Rattle Crypto Markets This Week
Three Things That Could Rattle Crypto Markets This Week

A busy week lies ahead on the United States economic calendar and a key Federal Reserve interest rate decision could rattle crypto markets.

Cryptopotato·2024/06/10 07:55
Meme Coin Madness Continues, Bitcoin Price Corrects, and Much More: Bits Recap June 10
Meme Coin Madness Continues, Bitcoin Price Corrects, and Much More: Bits Recap June 10

BTC consolidated at around $69,500 after severe turbulence, while BRETT is up a whopping 400% on a monthly scale.

Cryptopotato·2024/06/10 07:55
Flash
07:46
Serenity Mocks 'Gym Version of Hash Rate Shortage' as Whey Protein Price Surges to $14 Per Pound, Reaching an All-Time High
BlockBeats News, June 21st. According to Vesper data, the price of whey protein in the United States has recently surged. The price of whey isolate has surpassed $14 per pound, and whey concentrate (Concentrate 80) has also seen a significant increase, both hitting all-time highs. The rapid price surge has been jokingly compared by netizens to the supply shortage-driven price hikes seen in the hard drive manufacturer Sandisk ($SNDK). Serenity quipped that whey protein is replicating the supply-demand script of the AI hash rate industry—bursting demand facing a supply bottleneck, leading to a rapid price increase. Currently, there are concerns in the market that creatine may be the next fitness supplement category to experience a shortage. Looking at the price trend, after hitting bottom in 2023, the price of whey protein has seen a sustained sharp rebound, accelerating in 2026, attracting widespread attention from the fitness consumer base.
07:45
"White-Haired Stock God" sharply comments on prediction market regulation: Additional regulatory reviews are coming; Polymarket KOLs' paid promotions should be investigated for their influence on X platform algorithms
According to Odaily, in response to today’s Wall Street Journal report exposing Polymarket for allegedly marketing to US users through simulated trades and fake profit videos, “White-Haired Stock God” Serenity stated on X that prediction markets will face extensive additional regulatory scrutiny. He pointed out that regulators should also investigate how Polymarket pays KOLs for marketing fees to conduct undisclosed paid commentary, thus manipulating the X algorithm. He stated that, as the most subscribed user on X, he often receives such collaboration offers, but does not accept paid promotions to ensure his personal research remains uninfluenced by external factors. Additionally, he reiterated in the comments section: “I only use X; any account on other platforms is a scammer.”
07:44
Thailand Seizes 315 Illegal Bitcoin Mining Devices
On June 21, Cointelegraph reported that Thailand seized 315 illegal Bitcoin mining devices, which are linked to a power theft case valued at 1.2 million dollars.
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