ICBC compared Bitcoin to gold and said Ethereum has established itself as "digital oil" capable of powering myriad applications across the web3 ecosystem.

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	Forwarded this email? Subscribe here for more World’s largest bank ICBC praises the evolution of Bitcoin, Ethereum as innovative financial assets ICBC compared Bitcoin to gold and said Ethereum has established itself as "digital oil" capable of powering myriad applications across the web3 ecosystem. Jun 11   READ IN APP   Happy Tuesday! The global crypto market cap is $2.42 trillion, with a 24-hour volume of $90.73 billion. The price of Bitcoin is $66,595.47, and BTC market dominance is 54.3%. The price of Ethereum is $3,477.74, and ETH market dominance is 17.2%. The best-performing sector is Insurance, which gained 11%. The Crypto Fear & Greed Index is currently Greed (74). LATEST SLATECAST 🎙️ Transforming Bitcoin: Insights from Portal 📰 Top News World’s largest bank ICBC praises the evolution of Bitcoin, Ethereum as innovative financial assets ICBC compared Bitcoin to gold and said Ethereum has established itself as "digital oil" capable of powering myriad applications across the web3 ecosystem. 👀 Metric of The Day The total value of funds allocated in open Bitcoin futures contracts has reached 531,000 BTC, marking the highest level since January 2023. Newcomer Base challenges Solana with rapid adoption Solana's established dominance tested by Base's impressive user and transaction surge. SEC accepts ProShares spot Ethereum ETF entry, approves Ark exit from 21 Shares ETF All spot ETH ETFs have yet to launch despite recent developments. Ad: BloFin Exchange Enhances Compliance and Security with Chainalysis BloFin CEO emphasizes the importance of blockchain analytics in anti-money laundering and user asset protection through Chainalysis integration. 📈 Latest Insights Bitcoin briefly dips below $67k amid $200M in Binance-driven spot selling DeFi Technologies shares spike 15% in a day after it adopts Bitcoin treasury strategy Eight Bitcoin miners cross $1 billion market cap 19-trading day Bitcoin ETF inflow streak ends with $64.9 million outflow [Ad] Project Report: Minutes Network 🗞️ More News Crypto on ‘slow and steady’ pace to mainstream adoption – Canaccord Genuity Metaplanet becomes one of top 30 BTC holders with new $1.59M acquisition Bitfarms adopts ‘poison pill’ shareholder rights plan amid hostile takeover attempts Hacker drains $19.5 million from UwU Lend in price oracle exploit Ripple acquires NYDFS-regulated custodian Standard Custody SubQuery launches first decentralized RPCs for Polkadot and Kusama 📖 Latest Market Report Bitcoin’s corporate takeover: Why non-crypto companies are buying BTC CryptoSlate's latest market report dives deep into the effects corporate Bitcoin purchases have on the market. Questions? Get in touch with us here. Connect with us Telegram • Twitter • LinkedIn • YouTube • Instagram   Like Comment Restack   © 2024 Zenzio Incorporated 11010 Harbor Hill Dr NW, STE B405, Gig Harbor, WA 98332 Unsubscribe