1/ 🌍 If you missed last week's Amberdata Digital Asset Snapshot:
Geopolitics, regulation, and volatility all collided. From a politically charged $90M hack to record stablecoin flows and shifting ETF dynamics — here’s what you need to know 👇
2/ 💥 A politically motivated hack on Iran’s Nobitex exchange wiped out $90M in assets. Carried out by pro-Israel group Predatory Sparrow, the attack highlights how crypto is now a frontline tool in global cyber warfare.
3/ 💵 On the regulatory front, the U.S. Senate passed the GENIUS Act, pushing the stablecoin market cap to $251.7B. Institutions are taking note — clearer rules and strict 1:1 backing requirements are reshaping the landscape.
4/ 📉 Markets dipped as the Fed held rates steady but stayed hawkish. Add Iran-Israel tensions, and risk sentiment took a hit. Total crypto market cap dropped slightly to ~$3.25T.
5/ 📊 Despite headwinds, Bitcoin ETF flows told a nuanced story:
@BlackRock: 🟢 Steady accumulation
@Fidelity: 🔄 Tactical repositioning
@21Shares: 🔻 Significant outflows institutions are cautious, but not retreating.
6/ 📈 Ethereum formed a triple-bottom around $2,500 — a bullish pattern signaling a possible rebound to $3,000. But macro pressure could still weigh heavily.
7/ 🔓 Meanwhile, the ALEX Protocol on Stacks was exploited for up to $16M. Yet another reminder: DeFi risks remain real, even on Bitcoin-adjacent chains.
8/ 📈 BTC, ETH, and SOL futures open interest and funding rates show tactical positioning:
- Long/short ratios bounced back
- ETH & SOL saw strong bullish bias
Funding rates swung wildly with sentiment shifts
9/ ⚖️ TL;DR: Crypto markets are walking a tightrope between macro uncertainty, regulatory clarity, and on-chain risks. But under the surface, institutional conviction remains strong.
10/ 📬 Stay ahead of the curve with real-time market metrics and institutional-grade insights from @Amberdataio.
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