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Controversial digital asset firm Prometheum has soft-launched ether custody services with a small group of companies.Prometheum plans to fully launch custody services by the first week of June.
Grayscale CEO Michael Sonnenshein is stepping down as CEO to “pursue other interests,” the firm said.Though the exact reasons for his departure remain unclear, the firm’s spot bitcoin ETF GBTC has seen swathes of investors exit despite inflows increasing.Former Goldman Sachs exec Peter Mintzberg will join as Grayscale’s CEO on Aug. 15, 2024.
Bitcoin’s three-month annualized basis increased above 10% over the weekend, showing the market is building positive sentiment, analysts say.
U.S. spot bitcoin ETFs saw a continued increase in net inflows last week, registering $948.3 million.Total net inflows since the ETFs started trading in January have now surpassed $12.5 billion.
- 16:48BTC price tops $68,000, up 1.90% in 24 hoursBTC price breaks above $68,000, up 1.90% in 24 hours, ticker shows.
- 16:47TON/BTC price gain ratio touches 118%, outperforming other Layer1 native tokensCryptoQuant's newly released analysis shows that among the major Layer1s, only TON and BNB have significantly outperformed Bitcoin, specifically: the TON/BTC price increase ratio is 118%, BNB/BTC price increase ratio is 36.51%, FTM/BTC price increase ratio is 0.03%, SOL/BTC price increase ratio is - 6.1%, ETH/BTC price increase ratio is -10.47%, TRX/BTC price increase ratio is -14.92%, AVAX/BTC price increase ratio is -43.15%, ADA/BTC price increase ratio is -49.47%. The market is volatile, please do risk control.
- 16:44Ether breaks through the 3100 USDT markLeading cryptocurrency Ether crossed the 3100 USDT mark. The latest data shows that Ether is currently trading at 3,101.07 USDT. this represents a 1% gain over the last 24 hours. This development marks an important milestone for the cryptocurrency, reflecting its growing strength in the digital currency market.
