Decline in CME’s Bitcoin futures open interest signals shift towards Binance dominance.

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	Forwarded this email? Subscribe here for more Bitcoin basis trade unwind reflected in shifting futures market and lack of inflows Decline in CME’s Bitcoin futures open interest signals shift towards Binance dominance. Jul 3   READ IN APP   Happy Wednesday! The global crypto market cap is $2.22 trillion, with a 24-hour volume of $65.83 billion. The price of Bitcoin is $60,129.84, and BTC market dominance is 53.3%. The price of Ethereum is $3,297.19, and ETH market dominance is 17.8%. The best-performing sector is DuckSTARTER, which gained 5%. The Crypto Fear & Greed Index is currently Neutral (50). LATEST SLATECAST 🎙️ Mark Yusko discusses Metaplanet Bitcoin buys, Bitcoin’s future, and market manipulation 📰 Top News Bitcoin basis trade unwind reflected in shifting futures market and lack of inflows Decline in CME’s Bitcoin futures open interest signals shift towards Binance dominance. 👀 Metric of The Day The Mining Pool Foundry USA currently has a hashrate of 155 EH/s, representing a pool dominance of 27.77%. Galaxy expects spot Ethereum ETF in July, is optimistic about more crypto ETFs Galaxy's Steve Kurz said spot ETH ETFs could launch in "weeks, not days." Polkadot team dismisses fears of empty treasury, touts self-sustaining model Polkadot's Treasury is continually replenished by the network's token inflation. Galaxy’s Novogratz says crypto will get favorable regulation regardless of who wins elections Novogratz said that despite some opposition from certain lawmakers, the majority of US politicians are inclined toward supporting innovation in the crypto industry. [Ad] Project Report: Minutes Network 📈 Latest Insights Bitcoin spot volume data shows significant buying pressure pre-halving Bitcoin long liquidation dominance hits 70% in June amid 2024 market volatility Bitcoin’s dormant supply rises 3%, echoing past bull run patterns Odds of Biden dropping out of presidential race surge as high 63% on Polymarket 🗞️ More News Celsius Network initiates legal action to recover funds from pre-bankruptcy withdrawals CleanSpark mines 445 BTC in June, exceeds 20 EH/s target with Georgia expansion Singapore raises risk level for digital payment token providers in counter-terrorism update Bittensor suffers $8 million exploit, TAO price tumbles to six-month low Apple to take up observer role on OpenAI board Latest Market Report The importance of long-term and short-term holders for Bitcoin CryptoSlate's latest market report dives deep into the concept of LTHs and STHs to provide a comprehensive understanding of their impact on the Bitcoin ecosystem. Questions? Get in touch with us here. Connect with us Telegram • Twitter • LinkedIn • YouTube • Instagram   Like Comment Restack   © 2024 Zenzio Incorporated 11010 Harbor Hill Dr NW, STE B405, Gig Harbor, WA 98332 Unsubscribe