Key Updates:
- Crypto investment products attracted $2.2B from Oct. 26 - Nov. 2, with Bitcoin receiving the majority of inflows
- Ethereum draws comparisons to Amazon's early days, with analysts pointing to significant growth potential
- MetaWin online casino suffered a $4M hack but successfully recovered funds
This follows BlackRock's Bitcoin ETF hitting record single-day inflows of $875M, part of a 13-day streak totaling over $4B.
Market Context: Institutional interest continues growing while retail participation remains relatively low. Analysts suggest US election anticipation may be driving current momentum.
🚨 Today in #Crypto: 📉 Binance & @cryptocom lose market share as #DEXs rise 💥 Michael Saylor faces backlash over "too big to fail" banks 💸 Ripple's Chris Larsen donates $10M in XRP to Kamala Harris' campaign cointelegraph.com/news/what-happ…
🚨 Today in Crypto 🚨 🇳🇬 Nigeria drops money laundering charges against Binance exec. 📉 Crypto advocates slam ECB’s controversial paper criticizing #Bitcoin. 🕵️♂️ Peter Todd forced into hiding after HBO documentary falsely claims he’s Satoshi Nakamoto. cointelegraph.com/news/what-happ…
Bridgers Clarifies Its Role as Non-Custodial Router

Bridgers has issued a key clarification about its service model: It is not a DEX and does not hold user funds or match orders directly. Instead, Bridgers functions as a routing protocol that securely connects users to aggregated liquidity across DEXs and bridges through smart contracts. Users maintain full control of their assets throughout the process, only authorizing transactions that Bridgers routes optimally. **Key Points:** - Non-custodial by design - Routes transactions via smart contracts - Aggregates existing DEX/bridge liquidity - User maintains asset control
U.S. Senate Advances GENIUS Act for Stablecoin Regulation

The U.S. Senate has made significant progress on stablecoin regulation, passing the GENIUS Act with a decisive 68-30 vote. Key provisions of the bill include: - Mandatory 100% USD backing for stablecoins - Annual auditing requirements for major issuers - New regulatory framework for foreign stablecoin providers This marks a historic step toward establishing the first comprehensive stablecoin legislation in the United States. The bill aims to enhance transparency and security in the digital asset market. Want to learn more about how this affects your digital assets? Visit [U.S. Senate Committee on Banking](https://www.banking.senate.gov)
Daily GM Streak Continues with Sunny Greetings
The web3 community maintains its daily greeting tradition with consistent *GM* messages accompanied by sunny emojis. A notable pattern shows alternating use of *gm gm* and *gm frens* across months, with occasional coffee emojis appearing. The consistency spans from February through June 2025, demonstrating the community's commitment to daily engagement and positive culture-building. - Primary greeting variations: *gm gm* and *gm frens* - Most common emoji: :sunny: - Occasional variations: :coffee:, :sun_with_face: - Continuous streak since February 2025
Crypto Market Update June 11, 2025

**Market Highlights:** - ETH up 5% with whale selling 5,002 ETH at $2,625.76 for $231K profit - BTC steady at $110K with whale opening 20x long position (2,817 BTC, $300M+) - Trump-backed American Bitcoin acquires 215 BTC **Key Developments:** - U.S. CLARITY Act raises concerns over token status - Guggenheim launches tokenized DCP on XRPL - Binance announces 400 $RESOLV airdrop - New mixed BTC+ETH ETF application filed - Silhouette Privacy Layer secures $3M funding - Spot SOL ETF filing progresses - Bitwise releases GameStop Covered Call ETF
SEC Signals Potential Solana ETF Approval with Filing Request

The SEC has requested updated filings for a potential Solana spot ETF, suggesting possible approval within 24 months. This development follows Nasdaq's recent application to include $SOL alongside $XRP, $ADA, and $XLM in their crypto index ETF. Key points: - $SOL price increased 4% following the news - Polymarket indicates 78% probability of Solana ETF approval this year - Move could expand US crypto ETF exposure beyond Bitcoin and Ethereum This regulatory shift may signal broader acceptance of digital assets in traditional finance markets.