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Decrypt 2024-07-10 17:38:41

FOMO HOUR 155 - ETFs SAVE THE DAY

BTC ETF Flows: $216m. $654m of inflows into ETFs over 3 days. BTC transaction fees hit 4-year low. German state moves $300m BTC, holdings $1bn. SOL flips ETH for 7d DEX volumes. SOL Firedancer sees first accepted block on testnet. Tether mints another $250m USDT on SOL. Crypto monthly active addresses tops 100m. Biden crypto veto now expected to be upheld. Tech coalition urges Biden to back crypto. People face security threats at ETHCC. DBS sees 300% growth in crypto trading. PYUSD now 7th largest stable coin. China may have already sold BTC holdings. Elliptic exposes $11bn USDT scam network. StanChart in talks to buy Howard’s crypto fund. Polychain accuses former employee of side deals. SEI leads altcoins as it launches v2 mainnet beta. TIA rises 80% from lows on short squeeze. TON to release L2 based on Polygon’s tech stack.

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