Decrypt

BTC experiences a 9% drop, resulting in $700 million liquidations, with funding and open interest hitting their lowest levels in weeks. The sell-off appears more sustained compared to previous brief dips, with most BTC downside liquidations concentrated around $66,000. ETFs witness $132 million inflows, sparking predictions of a potential liquidity crisis within six months. VanEck suggests that an ETH ETF could surpass BTC in size. Grayscale's ETH discount doubles within a week. Meanwhile, SOL's market cap reaches an all-time high amid a frenzy surrounding memecoins. Additionally, rumors circulate about a fund losing $1 billion on the BTC-MicroStrategy basis.Source link

While Solana has been rallying, the ecosystem has been reeling from an issue with the SLERF meme coin launch.Source link

Catch up on this week’s biggest crypto and NFT gaming news and find some weekend reads in our latest roundup.Source link

It was a jubilant week for many reasons, despite crypto prices dipping in the end.Source link

The social media platform's $60 million deal with Google draws regulatory scrutiny as it orepares to go public.Source link