🔄 Crypto and Macro Roundup
What's happened in the last 8 hours:
📅 Jun 14, 08:00 UTC
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💰 CRYPTO
📈 Bitcoin (BTC) ETF Outflows Hit $4.4B as BlackRock IBIT Drives 75% of the Record Selling Streak Now
Spot Bitcoin ETFs recorded $4.4 billion in total outflows during a record selling streak, with BlackRock’s IBIT accounting for 75% of the recent liquidations. This shift in institutional sentiment signals a significant cooling period for the primary vehicle of Bitcoin’s year-to-date capital inflows.
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news.google.com/rss/articles…
⚖️ Here’s what happened in crypto today
The SEC delays its decision on the Franklin Templeton Crypto Index ETF, extending the review period to early 2025. This postponement signals continued regulatory caution regarding diversified digital asset products, impacting market expectations for institutional access to combined Bitcoin and Ether spot exposure.
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cointelegraph.com/news/what-…
📈 Bitcoin's $85.9 Million ETF Inflow Halts Outflow Streak Amid Macro Shifts
Spot Bitcoin ETFs recorded $85.9 million in net inflows, ending a multi-day streak of negative exits. This reversal suggests stabilizing institutional demand as investors reposition for shifting macroeconomic conditions and potential monetary policy changes.
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news.google.com/rss/articles…
⚖️ XRP could have risen to $24 if SEC lawsuit had not happened, analysis finds
A new market analysis suggests XRP could have reached a $24 valuation had the SEC not initiated its 2020 enforcement action. The study highlights how prolonged regulatory litigation suppressed the asset’s price performance relative to the broader crypto market, underscoring the significant impact of legal uncertainty on institutional adoption and market cap growth.
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news.google.com/rss/articles…
⚖️ Hester Peirce Farewell Speech Highlights SEC Crypto Rulemaking Divide
SEC Commissioner Hester Peirce’s farewell address criticizes the agency’s enforcement-led approach to digital assets, emphasizing a deep internal divide over regulatory clarity. Her departure underscores ongoing uncertainty regarding U.S. crypto rulemaking and the potential for significant policy shifts under future leadership.
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news.google.com/rss/articles…
📊 MACRO / FUNDAMENTALS
📊 SpaceX Surge Further Boosts Saudi Billionaire Prince’s Fortune
SpaceX's recent valuation surge increases the net worth of Prince Alwaleed bin Talal, one of Saudi Arabia’s wealthiest investors. This growth underscores the significant impact of private aerospace performance on sovereign and high-net-worth portfolios within the global macro landscape.
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bloomberg.com/news/articles/…
📊 Diplomacy Is No Longer a Safe Space for UK’s Wounded Premier
UK Prime Minister Keir Starmer attends the G7 summit amid mounting domestic political pressure and declining influence. The trip highlights a shift in diplomatic dynamics as domestic instability weakens his standing as a primary advocate for European security among global leaders.
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bloomberg.com/news/articles/…
📊 Rubio Defends Hormuz Blockade After India Protests US Strikes
Secretary of State Marco Rubio is defending U.S. military actions in the Strait of Hormuz following strikes that killed three Indian mariners. The defense addresses formal protests from India and highlights escalating geopolitical tensions in a critical global shipping lane essential for energy markets and international trade stability.
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bloomberg.com/news/articles/…
📊 Wall Street digests record fundraising haul as AI race intensifies
Record fundraising rounds for SpaceX, Anthropic, and Alphabet signal robust investor appetite for large-scale equity issuance. This capital influx underscores Wall Street’s commitment to financing the intensifying artificial intelligence race despite broader macroeconomic uncertainty, confirming AI and aerospace as primary drivers of current market liquidity.
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ft.com/content/db05efcb-9035…
📊 Bridgepoint weighs $1bn sale of anti-drone group guarding World Cup sites
Bridgepoint is considering a $1 billion sale of Danish anti-drone firm MyDefence following increased demand for counter-UAV technology at high-profile events like the World Cup. The potential divestment highlights the defense sector's growing valuation as private equity and strategic buyers compete for specialized electronic warfare capabilities.
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ft.com/content/d9117016-8402…
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