Kenya’s crypto startups fear a Binance-linked lobby group could tilt new regulations in the exchange’s favor under the proposed VASP bill.

Binance ties to Kenyan crypto board raise monopoly concerns: Report

The US Bitcoin spot ETFs logged over $2 billion in net inflows last week, 
marking a three-week streak of positive momentum. Despite a bearish start to 
June, with $128.81 million in net outflows during the first trading week, 
investor appetite soon quickly rebounded. This turnaround has resulted in a 
cumulative $4.63 billion in deposits over the past three weeks. Related 
Reading: The $100K Mirage: Bitcoin’s Rally Not Backed By On-Chain Strength 
Bitcoin ETFs On Impressive 14-Day Positive Streak Despite Market Uncertainty 
On Friday June 27, the 12 US Bitcoin ETFs registered net inflows of $501.27 
million bringing the aggregate deposits of the last week to a staggering $2.22 
billion. According to data from ETF tracking site SoSoValue, the clean streak 
of daily inflows from last week extends the ETFs’ positive performance to 14 
consecutive days. In analyzing individual ETF data from this week, the 
BlackRock IBIT registered $1.31 billion in net deposits solidifying its 
position as the market’s unrivalled leader. Meanwhile, Fidelity’s FBTC and 
Ark/21 Shares’ ARKB also experienced substantial cumulative inflows of $504.40 
million and $268.14 million, respectively. Grayscale’s BTC, VanEck’s HODL, 
Valkyrie’s BRRR, Invesco’s BTCO, and Franklin Templeton’s EZBC also recorded 
moderate net flows ranging from $1million &#8211; $25 million. In familiar fashion, 
Grayscale’s GBTC produced the only net outflows losing $5.69 million in 
withdrawals, but still retains its position as the third largest Bitcoin ETF 
with $19.79 billion in net assets. Following this week, the US Bitcoin Spot 
ETFs have now recorded $4.50 billion in net flows in June signaling a resolute 
demand from institutional investors despite Bitcoin market troubles. Notably, 
the premier cryptocurrency has witnessed extensive corrections since hitting a 
new all-time high of $111,790 on May 22. Over the last month, BTC has made no 
new price discovery trading largely between $100,000 and $110,000 to form a 
descending price channel. While this price performance reflects a neutral 
market sentiment, the high influx of capital into the Bitcoin ETFs signal a 
long-term confidence by institutional investors on Bitcoin’s price 
appreciation prospects. Related Reading: Ethereum Holds Critical Long-Term 
Channel – Next Move Could Be Parabolic Ethereum ETFs Log $283 Million In 
Deposit To Close Out H1 2025 In other developments, SoSoValue data also 
reveals that US Ethereum Spot ETFs notched up a cumulative inflow of $283.41 
million over the last week extending their positive streak to seven 
consecutive weeks. In June alone, these ETFs saw total inflows of $1.13 
billion, marking their largest monthly gain in 2025. As of the time of 
writing, the total net assets of the Ethereum ETFs stand at $9.88 billion, 
accounting for 3.37% of Ethereum’s market capitalization. Meanwhile, Ethereum 
continues to trade at $2,441 with Bitcoin prices set around $107,339. Featured 
image from Nairametrics, chart from Tradingview

Bitcoin Spot ETFs Register $2 Billion Inflows As Institutional Demand Surges – Details

Binance didn&#8217;t ditch XRP throughout its legal drama with the U.S. Securities 
and Exchange Commission. That&#8217;s according to Binance founder Changpeng Zhao 
who clarified on X that while many U.S. exchanges delisted XRP amid the SEC’s 
lawsuit against Ripple, Binance&#8217;s…

Binance didn’t budge: CZ says XRP stayed listed through entire SEC saga

Decentralized AI breaks open the gates of intelligence, with communities 
worldwide building, customizing and governing their own tools. DeAI dismantles 
centralized control and empowers communities to create and govern their own AI 
systems.

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Bitvavo, a digital asset trading platform in Europe, has secured a license 
from the Dutch Authority for the Financial Markets (AFM) under the new 
European Markets in Crypto-Assets Regulation (MiCAR). This license allows 
Bitvavo to operate across all EU member states, as well as Norway, Iceland, 
and Liechtenstein, under a unified regulatory framework designed to […]

Bitvavo Secures MiCA License, Expanding Services Across Europe Under Unified Crypto Regulation

After an eventful start to the week marked by a sharp downward swing below 
$100,000, the Bitcoin price has recovered excellently, returning above the 
$107,000 mark to close the week. In spite of Bitcoin&#8217;s recent recovery, there 
seems to be a different sentiment in the market which, interestingly, has been 
growing over time. Here&#8217;s how the current growing sentiment could affect the 
premier cryptocurrency&#8217;s future trajectory. Short Positions Surge Over The 
Past 7 Days — What This Means In a June 28th post on social media platform X, 
cryptocurrency analytics firm Alphractal shared an interesting on-chain 
development in the Bitcoin market. Related Reading: You Won’t Believe Who’s 
Moving Millions in Bitcoin on Binance Right Now This on-chain observation is 
based on the Liquidity Zone (7 Days) indicator, which measures three important 
data: on one hand, it is used to monitor the price movement of Bitcoin; on 
another, the Net Delta of open interest or positions; and, lastly, it shows 
the distribution of open interest at various price levels. For a little 
context, the open interest Net Delta measures the difference between long and 
short open positions in the market. If the Net Delta reads positive, it means 
the buyers populate the market more. On the other hand, a negative reading 
means there are more short positions open than longs. In the post on X, 
Alphractal pointed out that, over the span of seven days, more positions have 
been opened in a bet against the price of BTC. From the chart below, the red 
bars represent a negative Net Delta. As has been formerly explained, what this 
means is that the short traders currently dominate the market. Interestingly, 
the shorts-dominated market does not exactly guarantee that we will experience 
a sell-off in the near future. This is because the high negative Net Delta was 
recorded at a time when Bitcoin&#8217;s price is still at a stable level, even with 
little growth. When sell positions are opened in a stable but bullish market, 
this usually indicates that the bears might be getting trapped. If, 
eventually, the Bitcoin price overcomes the sell resistance, a phenomenon 
known as a short squeeze will occur. In this scenario, sellers will be forced 
to buy back at higher prices, thereby pushing the Bitcoin price to the upside. 
This upward momentum will then further liquidate short positions. What&#8217;s Next 
For Bitcoin? There are uncertainties as to whether the Bitcoin market might 
break the sell resistance, or go in favour of the sellers. For this reason, 
Alphractal warns that those with bearish sentiment should be cautious about 
their next move. Related Reading: Ethereum Reclaims $2,500 In Squeeze-Driven 
Rally – But Can It Hold? As of this writing, Bitcoin seems stuck within a 
choppy range over the past day and is currently valued at $107,309. The 
flagship cryptocurrency’s measly growth of 0.2% in the past 24 hours pales in 
comparison to its seven-day rise of 5.2%. Featured image from IStock, chart 
from TradingView