The Dypto Times - The Crypto Market Is on Fire (Not Literally. That Would Be Bad.)

Wow. The crypto industry rallied hard this week. It made us feel like all three years worth of Mac McClung dunks from the dunk contest happened all at once.

Let’s get after it.

From the Dypto Crypto Newsroom

Bitcoin ETFs Are Back-to-Back Inflow Champs

TLDR

• Bitcoin ETFs have recorded their first-ever consecutive days of a billion-dollar inflow.

• This comes in the wake of BTC hitting new all-time highs repeatedly over the last week.

• 450 Bitcoins were mined last week. The demand is 22 times more than the supply.

The Bitcoin ETF party is in full swing, and the numbers are absolutely bonkers. For the first time since these financial products launched in January 2024, we just witnessed something that has crypto veterans doing double-takes: two consecutive days of billion-dollar inflows.

Why ETF inflows matter for crypto holders.

On Thursday, while Bitcoin miners only produced about 450 new Bitcoins, spot Bitcoin ETFs bought around 10,000 Bitcoins.

Read that again. ETFs bought more than 22 times the daily Bitcoin supply.

Jan3 CEO Samson Mow put it bluntly: “This demand is not sustainable at these price levels.” And honestly, he’s probably right. When demand outstrips supply by this margin, something’s gotta give.

Read the full article at Dypto Crypto

Choo Choo! All Aboard the ETH Train!

TLDR

• Ethereum is finally starting to get the attention if deserves.

• Inflows in ETH ETFs hit $300 million on Thursday, June 10th. Yes, that means that much money poured into those ETFS in a single day.

• Publicly traded companies like SharpLink, Bit Digital, and BTC Digital are buying up millions worth of ETH.

Ethereum just smashed through the $3,000 barrier for the first time in five months, and financial institutions are chomping at the bit to get in on the action. ETH Treasury Companies are officially a thing, and these guys are making huge purchases. Retail and big investors are jumping in and buying up shares of ETH ETFs. 

What’s happening with ETH? And why now? Good questions. 

We’ve been following SharpLink ever since the company’s first huge ETH acquisition, which put them as the largest public ETH holding company.  The Nasdaq-listed company has picked up another 10,000 ETH directly from the Ethereum Foundation via an OTC deal.

Not to be outdone, BTC Digital has pulled a full Bit Digital (No. Seriously. They are not the same company. We double-checked…and then triple-checked.), established a $1 million ETH reserve, and made it clear this is just the beginning. 

BlackRock’s ETHA spot Ethereum ETF just recorded its biggest day ever, with $300.9 million in net daily inflows. The combined spot Ethereum ETFs attracted $383.1 million in net inflows on Thursday alone.

Read the full article at Dypto Crypto

Bitcoin Hits a New All-Time High (Again)

TLDR

• Bitcoin hit a new all-time high today – (almost) $114k.

• Institutional investors are driving the price action.

• Tens of millions of dollars in stablecoins are sitting on exchanges, prompting speculation about whether users are waiting for a dip or if bulls are about to hit the accelerator.

Bitcoin has reached a new all-time high (again), hitting a jaw-dropping $113,800. The latest surge isn’t just another flash in the pan. Real money is flowing into Bitcoin, and the data tells a fascinating story about who’s driving this rally and why it might have serious staying power. 

What to watch moving forward.

As Bitcoin continues its price discovery journey, several factors will determine whether this rally has more room to run.

With $31 billion in stablecoin reserves on Binance alone, there’s plenty of ammunition for continued upward pressure. The question is whether market conditions will encourage this capital to deploy into Bitcoin and other crypto assets — or are investors staking stables? Maybe waiting for a dip? We don’t know, and neither does anyone else.

Update: It kept going up…

Read the full article at Dypto Crypto

Question of the Week

From TikTok - “Is there any way to make money in a bear market?”

Meme of the Week

Source

Deep Dive - Banks Can Now Hold Your Crypto

Federal regulators just dropped some serious guidance that could change how you store and manage your digital assets. The Federal Reserve, FDIC, and Office of the Comptroller of the Currency (OCC) released a joint statement this week clarifying how banks can safely hold crypto for their customers. 

The three major U.S. banking regulators decided to get crystal clear about something that’s been confusing banks for years: how to safely store crypto for customers without breaking any rules. Their joint statement doesn’t create new rules — it just explains how existing banking laws apply when banks want to hold your Bitcoin, Ethereum, or other digital assets. 

We think the clarification from these agencies is probably a much bigger deal than many news outlets are making it out to be. Here’s why:

Better Security - Banks have been securing valuable assets for centuries. They know how to build vaults, manage keys, and protect against theft. Now they can apply that expertise to your digital assets.

Easier Access - Instead of managing complex crypto wallets and worrying about seed phrases, you could soon store your Bitcoin at the same bank where you keep your checking account. 

Professional Management - Banks have teams of cybersecurity experts, compliance officers, and risk management professionals. When they’re holding your crypto, all that expertise is working to protect your assets.

When the same institutions that protect your checking account start offering crypto services, digital assets will officially become a normal part of the financial system.

Read the full article at Dypto Crypto

Question of the Week Answer

Making money in a bear crypto market can be challenging, but it's not impossible. Here are some strategies that crypto users can consider to navigate and potentially profit during a downturn. Keep in mind, some of these won’t turn into real profit until prices recover and users sell for a nice profit.

1. Dollar-Cost Averaging (DCA)

• What it is: Invest a fixed amount of money at regular intervals, regardless of the market price.

• Why it works: This strategy reduces the impact of market volatility and allows you to accumulate assets at an average cost over time.

• Example: Buying Bitcoin weekly, even as prices drop, to build a long-term position.

2. Staking and Earning Yield

• What it is: Lock your crypto in a staking program or yield-earning platform to earn rewards or interest.

• Why it works: Even in a bear market, staking can generate passive income.

• Caution: Use reputable platforms to avoid risks of hacks or insolvency.

• Example: Staking Ethereum on the Ethereum network, using liquid staking or staking protocols, or using DeFi platforms for yield farming.

3. Short Selling

• What it is: Borrow and sell an asset at a high price, then buy it back at a lower price to profit from the difference.

• Why it works: Profits are made when prices decline, which is common in a bear market.

• Caution: Short selling is risky and requires experience. Losses can be significant if the market moves against you.

Closing Shenanigans

Thanks for reading. Dypto Crypto is a safe place where crypto newbies can learn and ask questions to help them make informed decisions in this exciting and volatile world. We’re having a lot of fun with YouTube shorts and TikTok. 

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