🤝 #UMA xAI partnered with Polymarket to combine market forecasts with X and Grok data.
📊📉 #BTC CQ: There is a significant concentration of long position liquidations around the $105K level, creating a potential "magnet effect" for bears.
🇺🇸👀 According to BBG, Bessent is being considered as a potential Fed chair candidate.
📈 #AVAX The number of daily transactions on the Avalanche blockchain has increased by over 275% since early May with a current daily average of 759k transactions.
💰 London tech firm The Smarter Web Company buys 45.32 #BTC (£3.5M), expanding treasury holdings to 168.08 BTC.
🎢 #BTC CQ: Futures trading frequency among small investors just spiked above its 1-year average. The Retail Activity Surge metrics signals 'Too Many Retail' on the futures exchanges.
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🇺🇸🍿 #SOL SEC asks Solana ETF issuers to amend Forms S-1.
SOL ETFs could be approved in 3-5 weeks - blockworks
SOL ETFs could be approved in 3-5 weeks - blockworks
🗽👀 #RWA Franklin Templeton unveiled a feature that offers investors returns when owning tokenized assets. cointelegraph
📊 #BTC Glassnode Report Highlights:
▪️Holding above the psychologically important $100K level indicates investor confidence remains high;
▪️Elevated prices have triggered increased spending by long-term holders, with the cohort hitting a local peak of over $930M in daily realized profits;
▪️However, the market’s unique structure persists — despite profit-taking, “maturation pressure” continues to outweigh long-term holder sell flows;
▪️On-chain metrics suggest volatility expectations remain elevated, with a significant cluster of coins positioned close to the spot price;
▪️Meanwhile, options traders are pricing in low volatility, potentially underestimating the likelihood of a regime shift in volatility;
▪️The short-term holder cost basis at $97.6K remains a key support level needed to sustain local bullish momentum;
▪️On the flip side, the $115.4K zone is emerging as the first major resistance area.
▪️Holding above the psychologically important $100K level indicates investor confidence remains high;
▪️Elevated prices have triggered increased spending by long-term holders, with the cohort hitting a local peak of over $930M in daily realized profits;
▪️However, the market’s unique structure persists — despite profit-taking, “maturation pressure” continues to outweigh long-term holder sell flows;
▪️On-chain metrics suggest volatility expectations remain elevated, with a significant cluster of coins positioned close to the spot price;
▪️Meanwhile, options traders are pricing in low volatility, potentially underestimating the likelihood of a regime shift in volatility;
▪️The short-term holder cost basis at $97.6K remains a key support level needed to sustain local bullish momentum;
▪️On the flip side, the $115.4K zone is emerging as the first major resistance area.
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🕵️ A new wallet has received $4M #USD1 from World Liberty Fi and is now the 10th largest USD1 holder.
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🇺🇸📝 Louisiana just formed a committee to study #AI, blockchain, and cryptocurrency. legis.la.gov
The state cites growing adoption: "One in five Americans owns cryptocurrency."
The state cites growing adoption: "One in five Americans owns cryptocurrency."
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📈👀 Total assets in crypto investment funds soared to an all-time high of $167 billion in May, fueled by over $7 billion in net inflows for the month.
This surge notably contrasts with outflows from traditional assets, as global equity funds shed $5.9 billion and gold funds saw their first outflow in 15 months, hinting at a deliberate rotation of capital.
This surge notably contrasts with outflows from traditional assets, as global equity funds shed $5.9 billion and gold funds saw their first outflow in 15 months, hinting at a deliberate rotation of capital.
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