1/ š If you missed last week's Amberdata Digital Asset Snapshot:
Geopolitics, regulation, and volatility all collided. From a politically charged $90M hack to record stablecoin flows and shifting ETF dynamics ā hereās what you need to know š
2/ š„ A politically motivated hack on Iranās Nobitex exchange wiped out $90M in assets. Carried out by pro-Israel group Predatory Sparrow, the attack highlights how crypto is now a frontline tool in global cyber warfare.
3/ šµ On the regulatory front, the U.S. Senate passed the GENIUS Act, pushing the stablecoin market cap to $251.7B. Institutions are taking note ā clearer rules and strict 1:1 backing requirements are reshaping the landscape.
4/ š Markets dipped as the Fed held rates steady but stayed hawkish. Add Iran-Israel tensions, and risk sentiment took a hit. Total crypto market cap dropped slightly to ~$3.25T.
5/ š Despite headwinds, Bitcoin ETF flows told a nuanced story:
@BlackRock: š¢ Steady accumulation
@Fidelity: š Tactical repositioning
@21Shares: š» Significant outflows institutions are cautious, but not retreating.
6/ š Ethereum formed a triple-bottom around $2,500 ā a bullish pattern signaling a possible rebound to $3,000. But macro pressure could still weigh heavily.
7/ š Meanwhile, the ALEX Protocol on Stacks was exploited for up to $16M. Yet another reminder: DeFi risks remain real, even on Bitcoin-adjacent chains.
8/ š BTC, ETH, and SOL futures open interest and funding rates show tactical positioning:
- Long/short ratios bounced back
- ETH & SOL saw strong bullish bias
Funding rates swung wildly with sentiment shifts
9/ āļø TL;DR: Crypto markets are walking a tightrope between macro uncertainty, regulatory clarity, and on-chain risks. But under the surface, institutional conviction remains strong.
10/ š¬ Stay ahead of the curve with real-time market metrics and institutional-grade insights from @Amberdataio.
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