📉Bitcoin losing momentum, Ethereum attracts institutional capital
Welcome to the Saturday, May 31, 2025 Daily Tribune ☕️
Hello Cointribe! 🚀
Today is Saturday, May 31, 2025, and as every day from Tuesday to Saturday, we summarize the last 24 hours' news you should not miss!
But first…
✍️ Cartoon of the day:
A quick look at the market…
🌡️ Temperature:
⛈️ Stormy
24h crypto recap! ⏱
📈 IBIT sets a record with 6.2 billion dollars inflow in May
In May 2025, BlackRock's Bitcoin ETF IBIT recorded 6.2 billion dollars of inflows, capturing nearly 90% of the incoming flows in the U.S. Bitcoin ETF market. This concentration raises concerns about the possible centralization of bitcoin holdings by financial institutions.
🗳️ David Sacks defends Donald Trump's pro-crypto policy
At the Bitcoin conference in Las Vegas, David Sacks expressed his support for Donald Trump's pro-crypto initiatives, notably the idea of increasing national bitcoin reserves. He also proposed an energy policy favorable to cryptocurrencies and artificial intelligence.
🌊 OpenSea prepares the arrival of its SEA token with rewards
OpenSea relaunched its OS2 platform, integrating 19 blockchains, and introduced the "Voyages" system to reward active users. These initiatives precede the launch of the SEA token, aimed at strengthening community engagement and modernizing the user experience.
🔄 Bitcoin losing momentum? Ethereum attracts institutional capital
While Bitcoin shows signs of stagnation, Ethereum is attracting more and more institutional capital, thanks to attractive yields and staking mechanisms. This trend suggests a repositioning of investors towards Ethereum.
Crypto of the day: Pendle (PENDLE)
🧠Technology and innovation
Pendle is a DeFi protocol that allows tokenization and trading of future yields of digital assets. By separating assets into two distinct components — the principal value (Principal Token) and the future yield (Yield Token) — Pendle offers users the ability to actively manage their yield strategies.
This innovative approach allows investors to lock yields, speculate on future rates, or sell their yield rights for immediate liquidity. Pendle is compatible with multiple blockchains, notably Ethereum and Arbitrum, which broadens its accessibility and integration into the DeFi ecosystem.
💰 PENDLE Token – Utility and distribution
The PENDLE is the native token of the Pendle protocol. It is used for:
Governance: holders can participate in decisions concerning the evolution of the protocol.
Staking: users can lock their PENDLE to earn rewards and support network security.
Transaction fees: the token is used to pay fees associated with operations on the platform.
The initial distribution of PENDLE was structured to support the ecosystem, with allocations for developers, investors, and the community.
📊 Market data (as of May 31, 2025)
Current price: 3.98 USD
24-hour change: -0.20 $ (-4.79 %)
Market capitalization: approximately 645 million dollars
Rank on CoinMarketCap: #98
Circulating supply: 162,366,452 PENDLE
24-hour trading volume: approximately 86 million dollars
Ethereum ETFs explode: Towards a confirmed bullish rebound at 3,400 $?
Ethereum attracts millions, whales accumulate, ETFs explode… What if the 4,000 $ mark was no longer a fantasy? Find out why all indicators are green and what experts predict.
Ethereum ETFs record record inflows, signaling strong institutional interest
The crypto market recorded a strong signal: Ethereum ETFs attracted 163 million dollars recently, including 71.3 million in one week and 92 million in a single day, on May 29.
On this date, BlackRock stood out by capturing 50 million alone, confirming its role as a catalyst for the return of institutional liquidity. This massive capital injection reflects a renewed perception of ETH's potential, despite persistent regulatory uncertainties.
Technical and on-chain indicators confirm Ethereum’s strong comeback
Beyond inflows to ETFs, on-chain indicators confirm that the Ethereum network is expanding:
Increase in net cross-chain flows: Ethereum outperforms its direct competitors with intensifying interactions via bridges;
Growth of stablecoin supply: +4.1 % over the last two weeks;
Increase in active wallet activity: +12 % in 7 days.
These elements reflect solid structural dynamics, far beyond the 71 million dollars inflows in Ethereum ETFs over one week. As a result, ETH is once again attracting developers, crypto users, and capital, in a market where Bitcoin is also experiencing decisive movements. It is this combination that could justify a higher valuation in the coming weeks.
The current enthusiasm around Ethereum could intensify if technical resistances give way. However, volatility remains high, and the post-ETF euphoria could quickly fade. In this context, the bold prediction of Peter Brandt, envisioning an Ethereum at 4,000 dollars, sparks interest. This reversal from a historically skeptical analyst raises a crucial question: is it a simple rebound or the start of a new bullish cycle for ETH?
