Top crypto tweets of the day – June 2nd

A whopping 120,000 ETH block calls were traded today, accounting for 53% of total volume and a notional value of $220 million.

Giant whales by way of calendar spreads 1) shorting the price 2) shorting the volatility.

If ETH fails to break above $2300 at the end of this year…

— Wu Blockchain (@WuBlockchain) June 1, 2023

Bitcoin re-orged today and fucked BRC-20s and Ordinals and no is really talking about it lol.

— R89 (@R89Capital) June 1, 2023

Tether USD₮ Reaches All-Time High, Surpasses Previous Market Cap High of $83.2Bhttps://t.co/Vxs5fbDQ4j pic.twitter.com/YbxWBWjmwd

— Tether (@Tether_to) June 1, 2023

BUSD, a fully regulated stablecoin, was "capped" (no new minting) by NYDFS at $23b. Now at $5b market cap.

Since then, USDT has seen tremendous growth. https://t.co/KqBkDK71WS

— CZ ? Binance (@cz_binance) June 1, 2023

The Monetary Authority of Singapore, MAS, issued a new notice requiring digital token payment/cryptocurrency companies to conduct stricter customer due diligence, including identifying and reporting "high-risk customers" they serve, and collecting and providing more information.…

— Wu Blockchain (@WuBlockchain) June 2, 2023

Circle announced that it will start launching native USDC on Arbitrum on June 8 to replace the previous bridge version of USDC from Ethereum. Currently Circle has launched nativeUSDC on Ethereum, Solana, Avalanche, TRON, Algorand, Stellar, Flow, and Hedera.…

— Wu Blockchain (@WuBlockchain) June 1, 2023

Marathon said that a record 1,245 bitcoins were produced in May, an increase of 77% from the previous month and a 366% increase from May 2022, mainly due to the emergence of Ordinals which significantly increased transaction fees. As of June 1, Marathon held a total of 12,259…

— Wu Blockchain (@WuBlockchain) June 2, 2023

This is an immersion-cooled #bitcoin mining facility in Norcross, Georgia powered by nuclear and solar energy. Computers are submerged in a liquid of synthetic hydrocarbons with no electrical conductivity. This increases cooling and energy efficiency.pic.twitter.com/EAXrkAYDtp

— Documenting ₿itcoin ? (@DocumentingBTC) June 1, 2023

HONG KONG PUMP HAVE STARTED

NOW SEND BITCOIN TO $30K pic.twitter.com/JQm4fqZ4bZ

— Ash Crypto (@Ashcryptoreal) June 2, 2023

1/ On June 5, Coinbase Derivatives Exchange, our CFTC-regulated futures exchange, will launch BTC and ETH futures contracts for institutions.

Here's what we've built ??:

— Coinbase Institutional ?️ (@CoinbaseInsto) June 1, 2023

2/ Sized at 1 BTC and 10 ETH, our institutional-sized contracts allow clients to manage exposure with unparalleled accuracy.

— Coinbase Institutional ?️ (@CoinbaseInsto) June 1, 2023

3/ We believe in building an accessible trading experience so clients can maximize capital, so we'll offer significantly lower fees.

— Coinbase Institutional ?️ (@CoinbaseInsto) June 1, 2023

4/ With a monthly expiry, USD settlement, and accessible through major institutional FCMs and brokers, these contracts are designed to integrate into other trading strategies seamlessly.

Read more on the launch and how you can get involved here ⬇️ https://t.co/JDopapfuSt

— Coinbase Institutional ?️ (@CoinbaseInsto) June 1, 2023

OKX Wallet released the BRC-30 proposal, an enhanced version of the BRC-20 protocol, which introduces equity operation functions such as deposit, minting, and withdrawal. The proposal states that the staking functionality is to enable BRC-20 token holders to earn passive income.…

— Wu Blockchain (@WuBlockchain) June 1, 2023

Binance has completed the integration of Tether (USDT) on the Arbitrum One and Optimism networks. Binance will open withdrawals for USDT on the above two Ethereum L2 networks. https://t.co/Jo7ynwSPm2

— Wu Blockchain (@WuBlockchain) June 2, 2023