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Binance surveillance team found DWF Labs engaged in market manipulation, sources say — link

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Coinbase saw trade volume in Q1 more than doubled to $312 billion, with institutional volume increasing faster than retail, accounting for 82% share of the total — link

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Crypto trading firm Wintermute to provide liquidity for Hong Kong Bitcoin and Ether ETFs — link | tl;dr

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Digital asset investment products saw outflows for the fourth consecutive week totalling $251m. This week marked the first week to see any measurable outflows from the newly issued ETFs in the US.

Spot ETFs in Hong Kong saw $307m inflows in the first week of trading — link

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U.S. spot Bitcoin ETFs saw +$217.3m net inflows this Monday. Second consecutive inflow day for $GBTC — link

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SEC issues Robinhood Crypto with Wells Notice, citing alleged securities violations — link | tl;dr

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US spot Bitcoin ETFs saw a +$378.5m net inflows today.
It is the first positive net flow day since April 23rd, and the largest net inflow day since March 26th.
Largest inflow day since inception for $ EZBC Franklin — link

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In Q1 2024, venture capitalists invested $2.49bn (+29% QoQ) into crypto and blockchain-focused companies across 603 deals (+68% QoQ).

This was the first rise in both capital invested and deal count in 3 quarters, perhaps signaling that Q4 2023 was the “bottom,” However, sustained and larger increases are needed to confirm this trend — link

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U.S. Bitcoin ETF saw $36.7m net outflows. Only $GBTC was negative today — link

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Coinbase Q1 revenue $1.64b (estimated $1.32b) — link | tl;dr

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Hong Kong Bitcoin & Ether ETFs saw $292m in assets on Day One — EricBalchunas

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Spot BTC aggregate flows: -559.5m: BBG

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Approximately $175B worth of Bitcoin are now held by ETFs, countries, public and private companies — link

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The top 10 Solana memecoins grew by +801.5% or $8.32 billion in 2024 Q1. They ended the quarter with a total market cap of $9.36 billion — link

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Roger Ver arrested in Spain and charged with mail fraud, $48 million tax evasion, and filing false tax returns, wanted for extradition to the United States — doj

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House votes to erase SEC crypto policy while President Biden vows veto — link | tl;dr

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SEC argues $2 billion penalty against Ripple is needed, slams $10 million counterproposal — link | tl;dr

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98% of FTX creditors will receive at least 118% of their approved claims in cash within 60 days after the effective date.

Other creditors to receive 100% of allowed claims plus billions in compensation for time value of their investments — link

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Revolut launches standalone crypto trading platform for UK retail customers — link | tl;dr

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SEC delays Invesco & Galaxy spot Ethereum ETFs

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https://twitter.com/paoloardoino/status/1786751936760312050

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Grayscale (GBTC) Daily BTC Flows: +63.1m, first inflow since ETF conversion — link

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Jack Dorsey’s Block says it will buy Bitcoin every month with 10% of its Bitcoin-related gross profit until the end of 2024 — link | tl;dr

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The current BTC price is the average purchase price of the Spot Bitcoin ETF buyers, ~$57K to ~$58K — link

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BlackRock sees sovereign wealth funds, pensions coming to Bitcoin ETFs — link | tl;dr

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Jack Dorsey's Block faces scrutiny from federal authorities over non-compliant crypto services — link | tl;dr

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Tether releases Q1 2024 attestation, reports record net profit of over $4.52 billion — link

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CZ sentenced to 4 months in prison — link

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🖤CZ sentencing hearing — x thread

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