The tweet was deleted by the author.
But we saved everything 🙂.
Laura Shin reports that Bitcoin's price dropped to $74,300 amid significant outflows from exchange-traded funds, with ETFs shedding $1.26 billion and liquidations approaching $1 billion.
Shin also highlights recent moves in the crypto sector, including comments from Vitalik Buterin about the Ethereum Foundation adopting a more focused approach with less ETH selling, the SEC retracting its exemption for tokenized stocks at the last moment, and Congress investigating Polymarket.
Shin previously reported on Iran's launch of the Bitcoin-settled Hormuz Safe, targeting $10 billion in revenue, alongside Strategy's $2 billion bitcoin acquisition involving 24,869 coins (article). She also covered Arthur Hayes' view that unresolved catalysts could trigger an AI trade bubble akin to the 2008 bust (article). The continued coverage tracks major moves in crypto investment and risk assessments across sectors.