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๐Ÿ—ฃ Trump stated that the U.S. attempt to open the Strait of Hormuz will be paused as negotiations with Iran continue. #macro
๐Ÿ•ต๏ธ Vitalik Buterin: Why Consortium Blockchains Have Almost Completely Failed

Ethereum co-founder Vitalik Buterin declared the original vision of consortium blockchains a failure in a July 20, 2024 Arbitrum video. He noted that these private chains inherit the drawbacks of both centralized and decentralized systems, resulting in cartel-like structures devoid of real openness or privacy.

As a viable alternative, Buterin proposed retrofitting existing centralized servers with cryptographic scaffoldingโ€”anchoring proofs and Merkle roots on-chain to enhance security without overhauling current infrastructure.
๐Ÿ˜ฑ๐Ÿค‘ Fear & Greed Index for #BTC
๐Ÿ—ฃ #XRP CEO of Ripple states that the market structure bill is not yet a "done deal," despite reaching a compromise on stablecoins.

According to TD Cowen, the debate over stablecoin yields could delay the passing of the cryptocurrency market bill, with no compromise reached yet. #stablecoin
๐Ÿ‘ฎ CFTC Intends to Strengthen Protections for Software Developers That Do Not Custody Assets - The Block #regulation
๐Ÿ†• $WIF listed on Upbit spot (KRW)
๐Ÿ†• $EDGE listed on OKX spot
๐Ÿฅท #ZRO Kelp DAO claims that LayerZero employees approved the setup of a 1-of-1 verifier. This verifier was later identified by LayerZero as the cause of the $292 million hack of the rsETH bridge. #hack
๐Ÿ“Š #BTC CME Group to launch BTC volatility futures.
๐Ÿ•ต๏ธ Solana Foundation and Google Cloud Launch AI Agent Payment Gateway

Solana Foundation announced a partnership with Google Cloud to launch a payment gateway for AI agents. This gateway enables access to and payment for APIs via Solana wallets using stablecoins on a pay-per-call basis, without requiring accounts or subscriptions. The system supports integration with Google Cloud services including Gemini, BigQuery, Vertex AI, and Cloud Run, as well as over 50 third-party APIs, allowing for pay-per-use and multi-service selection through a unified API marketplace. #ai
๐Ÿณ The whale "0x0a8" further withdrew 9,288 $ETH ($21.94M) from Bybit. The whale now holds 27,098 $ETH ($64M).

Address: 0x0a89A70Ed887D949A7781826441C2c6A4764d908
๐Ÿ†• $BILL listed on Bybit futures
๐Ÿ“Š BTC Breaks $81K as Dominance Rises, but Altcoins Show Early Stabilization

Trading volumes for altcoins on Binance are showing signs of gradual recovery. Their share relative to the combined #BTC and #ETH volumes on Binance has increased from 31% to 49%.
๐Ÿ“Š #RWA Head of Digital Assets Department for Treasury and Trading Solutions at Citi stated that tokenized money will not fully realize its potential if it remains confined to a single bank's systems and does not operate across multiple institutions.
Forwarded from Altcoin Trading Crypto Futures Bitunix Signals
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๐Ÿ†• $CRCL listed on Bybit futures
๐Ÿ™… $CLOUD delisted from Bybit futures
๐Ÿ™… $SYN has been delisted from Bybit futures.
๐Ÿ“ˆ #BTC Bitcoin hits $82,000.
๐Ÿ“Š Historical norm is +8%. The L/S ratio reads 47.5% long vs 52.5% short โ€” a rare short majority on $BTC at a four-month high.

Either smart money is hedging spot ETF longs with futures shorts, or the next squeeze leg is loaded.
๐Ÿณ As the market keeps rising, the $BTC and $ETH 3x short position held by whale โ€œpension-usdt.ethโ€ is now sitting on a floating loss of over $19.6M.

His profit has dropped from over $32M to $10.66M.