đ° NEWSLETTER #8 - FOMO of the Week â June 6th, 2025
BTC remains the golden child. đ
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1/ đ Crypto Fear & Greed Index: 62 (GREED)
Down from 64 last week: some nerves after the TrumpâMusk face-off.
2/đď¸ Institutional Momentum Grows:
⢠JPMorgan now accepts BTC/crypto ETFs as loan collateral
⢠California Assembly passes bill to accept BTC for state payments (68â0)
⢠UK lifts national ban on Bitcoin & crypto ETFs
3/đ Bitcoin Goes Global:
⢠South Korea prepping Bitcoin banking legislation
⢠Russiaâs stock exchange launches BTC futures
⢠74,963 BTC withdrawn from exchanges this week
(Only 2.1M BTC left circulating on CEXs đ)
4/đ BTC Activity Drop:
Despite bullish news, on-chain BTC activity hit its lowest since Oct 2023.
5/đ Altcoins Reawakening:
⢠Renewed institutional interest (especially ETH)
⢠Signs of a ârisk-onâ shift among traders
6/đĽ Solana Keeps Winning:
⢠Solana ETF registered in Delaware đşđ¸
⢠$650M+ bridged to SOL in May
⢠@pumpdotfun : 3,566 creators earning rev-share
7/đŚ News You Mightâve Missed:
⢠Circle stock up 300% since IPO
⢠Uber exploring stablecoin payments
⢠Deutsche Bank considers launching its own stablecoin
⢠X partners with Polymarket
⢠ETH ETFs: 21 days of straight inflows
⢠BlackRock bought 214,000 ETH since May 11 đ¤Ż
⢠PayPalâs PYUSD supply nearing $1B
10/đ§ Jeffâs Take (@DigitalRoamad):
âWill Bitcoin replace the dollar? Most people laugh. History doesnât.
When fiat collapses, value migrates.
And in that moment, Bitcoin becomes king.
Pack it away now, while you still can.â
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