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Long-term bitcoin holders reaccumulating for first time since last December: Glassnode
Long-term bitcoin holders reaccumulating for first time since last December: Glassnode

According to a Glassnode report, selling pressure from long-term bitcoin holders has cooled significantly — and such investors are returning to accumulation patterns.Analysts also noted that bitcoin’s price action over the past three months has been more muted than previous bull cycles.

The Block·2024/05/29 10:14
Spot bitcoin ETFs see 11 straight days of net inflows as BlackRock’s IBIT claims top spot
Spot bitcoin ETFs see 11 straight days of net inflows as BlackRock’s IBIT claims top spot

U.S. spot bitcoin ETFs recorded $45 million worth of net inflows on Tuesday, marking their 11th consecutive day of inflows.BlackRock’s IBIT became the largest spot bitcoin fund in terms of net asset value, overtaking Grayscale’s GBTC.

The Block·2024/05/29 08:40
Shiba Inu (SHIB) Explodes 15% Daily, Bitcoin (BTC) Maintains $68K (Market Watch)
Shiba Inu (SHIB) Explodes 15% Daily, Bitcoin (BTC) Maintains $68K (Market Watch)

SHIB and WIF are the top gainers from the larger-cap alts.

Cryptopotato·2024/05/29 07:49
Bitcoin ETPs Lead Inflows with $1.01B Weekly, What About Ethereum? (CoinShares)
Bitcoin ETPs Lead Inflows with $1.01B Weekly, What About Ethereum? (CoinShares)

Digital asset investments have reached year-to-date inflows record, hitting an all-time high of almost $15 billion.

Cryptopotato·2024/05/29 06:04
Flash
19:03
Federal Reserve official Goolsbee: Slight improvement seen in service inflation, but core inflation rate remains too high
```htmlJinse Finance reported on June 26 that Federal Reserve official Goolsbee stated that there has been slight improvement in service inflation; core inflation remains too high and the trend is not right. He agreed with Waller's views on forward guidance.```
18:56
The report shows that U.S. low-cost airlines are losing their competitive advantage over major carriers.
```htmlGolden Ten Data reported on June 26 that the low-cost airline model, which has reshaped the landscape of U.S. air travel for decades, is now facing increasingly severe challenges. Meanwhile, traditional airlines are gradually gaining the upper hand by leveraging high-end cabins, lucrative frequent flyer programs, and co-branded credit cards. A report released by the U.S. Government Accountability Office (GAO) on Thursday pointed out that although the wave of industry consolidation has not ultimately weakened overall competition, many of the advantages that low-cost and ultra-low-cost carriers once relied on to disrupt the market are gradually disappearing, forcing these airlines to re-examine their business models based on "ultra-low fares".```
18:50
Base blockchain suffered a two-hour outage, transaction processing has been restored.
The Base blockchain experienced a two-hour outage, causing a temporary halt in transaction processing on the Ethereum Layer-2 network.
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