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Bitcoin & Altcoin Relief Rally Over or is this a Fakeout?

Crypto News:

  • Bitcoin and altcoins pullback along with the stock market and this could be the end of the crypto relief rally.
  • SpaceX targets June 11 IPO pricing, picks Nasdaq for historic market debut
  • Wells Fargo lifts Ether ETF holdings in Q1 as Bitcoin positions shift
  • Canaccord Wealth UK, a $70B AUM wealth manager, enters an exclusive partnership with @Bitwise to offer select UK clients exposure to $BTC and $ETH ETP products with allocations of up to 5% of portfolio.
  • Saudi Arabia is tokenizing its multi-trillion dollar economy to protect its wealth from global shocks
  • Japan’s SBI Securities, Rakuten Securities plan to offer crypto investment trusts
  • A Russian stablecoin built to dodge sanctions says it can survive even if they’re lifted
  • Poland’s parliament approves a bill placing its crypto market under the EU’s MiCA framework, granting the Polish Financial Supervisory Authority powers to supervise, sanction and temporarily block crypto accounts and transactions.

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Timestamps

00:23 Bitcoin & Altcoin analysis

04:29 SpaceX IPO June 11

05:27 Wells Fargo Ethereum ETF

08:48 UK Wealth Manager Bitcoin & Ethereum ETF

10:02 Saudi Arabia Real Estate Tokenization

13:02 Japan Crypto Investment Trusts

14:29 Russian Stablecoin

15:52 Poland Crypto EU Mica


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Tony E

Editor and Author at ThinkingCrypto.com

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