Crypto News
Plasma Attracts $500 Million for ICO—And One Trader Spent $100K on Ethereum Gas Fees
Are ICOs back? Stablecoin network Plasma just attracted $500 million worth of deposits for its sale, with one trader paying $100K for an edge.Source link
ETF Weekly Flows: $129 Million Outflow for Bitcoin and $281 Million Inflow for Ether
Bitcoin ETFs suffered a net outflow of $129 million for the week ending June 6, marking the second consecutive week of red flows. Meanwhile, ether ETFs extended their inflow streak to a fourth week, locking in a strong $281.07 million, the third-highest weekly inflow of 2025. Bitcoin ETFs Log Second Straight Week of Outflows WhileSource link
Paraguay Says Presidential X Post Promising Bitcoin Reserve a Hack
The South American country is also not starting a strategic BTC reserve. Hackers asked readers to send the asset to a Bitcoin address.Source link
Avalon Labs Burns 80 Million AVL Tokens to Kick Off Deflationary Phase
Avalon Labs has permanently burned 80 million AVL tokens, accounting for 44% of the circulating supply. According to an X post, the tokens, worth approximately $16 million, were unclaimed from the platform’s March 2024 airdrop campaign, which saw $20 million worth of AVL claimed by over 100,000 users. This major burn marks the start ofSource link
Bitcoin Avoids Death Cross, Ethereum Stabilizes and Fartcoin Defies Gravity: Analysis
Technical indicators signal potential rebounds for Bitcoin and Ethereum while Fartcoin meme coin momentum accelerates.Source link