🆕24h crypto market news

⏰Tuesday, May 08 2024

♨️Overview: The market continues to move unpredictably as Bitcoin back tests the 62K area. DOM still maintains its high level, increasing slightly and Altcoin continues to burn red in a week without many major economic events.

♨️ETF Update: cash flow into the market last week -$251M, also the first week the funds had a negative level since the ETF was launched. Hong Kong ETFs show +$309M inflows after first week of trading. After buying for 2 days, Grayscale continued to sell more than 450 BC this morning.

♨️Focus:

- FTX will refund the victim

🍁Strongest increase/decrease:

- $AIOZ (+ 10%)  - $WIF  (- 10%)

- $RNDR (+ 5%) - $CORE (- 7%)

- $CHZ (+ 4%) - $HNT (- 7%)

🍁Hot News:

- Botanix Lab raised $8.5M to build HST Defi based on original BTC👉TheBlock

- Australia requires exchanges to provide transaction information of 1.2M accounts to collect taxes👉Reuters

- Binance CEO asks Nigeria to release employees after willingly delisting local currency to P2P👉DeCrypt