🔎 Today’s Daily Sift: Crypto/Blockchain Crypto started June under pressure. Bitcoin is trading around $71K to $72K after a risk off move driven by ETF outflows and growing geopolitical uncertainty. Recent Bitcoin ETF withdrawals have exceeded $2B, creating a meaningful liquidity headwind for the market. But the deeper story is not price. It is infrastructure. Macro This selloff looks less like a crypto specific event and more like a broader repricing of risk across global markets. Investors are becoming more defensive while waiting for clearer macro signals. Technology & Infrastructure Japan is moving closer to supporting crypto ETFs and stablecoin adoption, signaling that digital assets are increasingly being viewed as strategic financial infrastructure. At the same time, Ethereum developers continue proving the resilience of blockchain systems, with a whitehat successfully recovering long locked funds from an early era smart contract. Market Structure Shift Today’s most ...