It was a quiet session, but the market could not sustain the rally with bearish headlines, including news of the US government sending 4k $BTC to Coinbase. $BTC is down 1.8%, now trading at $60,849, and $ETH is down 0.7%, now trading at $3,370.
Reuters reported that US regulators could approve spot ether ETFs for launch by July 4. A few inside sources mentioned that it is “down to the finishing touches” and that approval is “probably not more than a week or two away.”
A few major headlines include the $BLAST launch, now trading at a $2.6B FDV, Animoca looking to go public in 2025, and Binance receiving a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA).
During the last 24 hours, the top three gainers were $FET, $AGIX, and $KAS, while the top three losers were $BLUR, $TURBO, and $AR.