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SEC Ethereum ETF decision unlikely driven by politics: Bernstein

Bernstein analysts Gautam Chhugani and Mahika Sapra believe the United States securities regulator likely approved the spot Ether ETFs to avoid a legal battle. Source link

Bitcoin ETFs make 26% of BlackRock's 2024 inflows, 56% of Fidelity’s

However, the impressive flows from BlackRock’s IBIT and Fidelity’s FBTC haven’t been enough to gain on the leading ETF asset manager by total flows, Vanguard. Source link

Coinbase chips in another $25M to crypto super PAC Fairshake

Coinbase has joined Andreessen Horowitz and Ripple in donating $25 million to the crypto-focused super PAC ahead of the United States elections. Source link

Halving full effect: Bitfarms crypto mining revenue falls 42% in May

The Bitcoin mining firm also blamed “unusually cold temperatures” at its Rio Cuarto facility in Argentina for the fall in Bitcoin production. Source link

Binance prepares for MiCA rules, updates stablecoin strategy

Binance will ease European users’ transition from unauthorized to regulated stablecoins with a “sell-only” strategy. Source link

Bitcoin futures premium hits 7-week high: is the rally sustainable?

Bitcoin flirted with $70,200 on June 3, but traders fear excessive leverage might be a double-edged sword. Source link

Biden vetoes House and Senate votes on SEC’s anti-crypto resolution: Law Decoded

United States President Joe Biden has vetoed a resolution that would have overruled the U.S. Securities and Exchange Commission Staff Accounting Bulletin No. 121. Source link

Crypto fund inflows hit $2B in May led by BTC — CoinShares

Weekly inflows into crypto funds totaled $185 million for the last week in May, with monthly investment fund inflows reaching $2 billion. Source link

Qatar Central Bank launches first phase of CBDC project

The small country on the Arabian Peninsula sees CBDC as part of its national development strategy. Source link

Price analysis 6/3: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA

Bitcoin and select altcoins are attempting to break above their respective resistance levels, signaling aggressive buying by the bulls. Source link