Gemini Pursues U.S. Stock Market Listing... Following Circle's IPO Challenge
Cryptocurrency exchange Gemini has privately applied to the U.S. Securities and Exchange Commission (SEC) for a preliminary review for its initial public offering (IPO), Fortune reported on the 6th (local time). This follows the successful listing of stablecoin issuer Circle on the New York Stock Exchange (NYSE) just a day earlier. The media noted that "Gemini is well known as one of the first companies to receive a cryptocurrency business license from the New York Department of Financial Services (NYDFS). However, it has shown a disadvantage in market share compared to competitors like Coinbase. Particularly, the revenue-generating product 'Gemini Earn', jointly launched with Genesis in 2021, led to subsequent bankruptcy and became a target of regulatory sanctions. Afterward, the Winklevoss brothers actively supported Trump's pro-cryptocurrency policies and politically engaged, reportedly participating as founding members of a Washington D.C.-based private member club co-founded by Trump Jr."
ETH Spot ETF Sees $34.4 Billion Net Inflow... 15 Consecutive Trading Days
On June 6th (local time), the U.S. Ethereum (ETH) spot ETF saw a net inflow of $25.3 million (approximately $34.4 billion), according to financial information platform Parsyth Investor. This marks 15 consecutive trading days of net inflow. BlackRock ETHA received $15.9 million, while Grayscale ETH received $9.4 million. No ETFs recorded net outflows.
Tether-Related Address Deposits $20.88 Million BTC to Binance
LookOnChain reported that a Tether loan collateral storage address deposited 200 BTC ($20.88 million) to Binance 8 hours ago. The address has deposited 1,650 BTC ($174.7 million) to Binance since Bitcoin recovered to $100,000.
24-Hour Cryptocurrency Perpetual Futures Forced Liquidation Scale
Recent 24-hour cryptocurrency perpetual futures forced liquidation scale and liquidation ratio are as follows:
BTC Liquidation Scale: $42.61 million, Liquidation Ratio: Short 84.15%
ETH Liquidation Scale: $36.67 million, Liquidation Ratio: Short 54.84%
MASK Liquidation Scale: $12.98 million, Liquidation Ratio: Short 53.85%
EtherFi Discord Channel Hacked
DeFi protocol EtherFi (ETHFI) warned via X that "hackers are currently hacking the official EtherFi Discord channel and sharing phishing links. Do not click on links in Discord until the server is restored".
EtherFi "Recovers Discord Account Control"
DeFi protocol EtherFi (ETHFI) announced via X that it has regained control of its official Discord channel that was previously exposed to hacking.
Binance Alpha Adds AB
Binance Alpha announced the addition of AB. Tokens for Binance Alpha are initially selected reflecting community and market trends. Future listing is not 100% guaranteed.
BitDeer Mines 43.9 BTC This Week
Bitcoin cloud mining company BitDeer announced via X that it mined 43.9 BTC this week and sold 12.1 BTC. BitDeer currently holds a total of 1,375.9 BTC.
Long-Short Ratio of BTC Perpetual Futures at 3 Major Futures Exchanges
Recent 24-hour BTC perpetual futures long-short position ratios based on open interest at the world's top 3 cryptocurrency futures exchanges are as follows:
Overall Exchanges: Long 49.93% / Short 50.07%
1. Binance: Long 50.15% / Short 49.85%
2. Bybit: Long 49.28% / Short 50.72%
3. Gate.io: Long 50.57% / Short 49.43%
BTC Surpasses $105,000
According to Coinness market monitoring, BTC has surpassed $105,000. BTC is trading at $105,036.05 on the Binance USDT market.
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