ππ #BTC is retesting the $100K level, with strong historical demand just below it.
Around 1.6 million addresses acquired 1.14 million BTC at an average of $97K, marking a key support zone in this retest.
Around 1.6 million addresses acquired 1.14 million BTC at an average of $97K, marking a key support zone in this retest.
π° #SLF Self Chain replaced CEO after allegations of involvement in $50 million cryptocurrency fraud. theblock.co
π΅οΈββοΈ BlackRock transferred 8,172 #ETH ($18.4 million) to Coinbase Prime.
π #BTC CQ: the market has experienced a significant drop in leverage, reaching levels we haven't seen since China banned BTC mining in 2021. This sharp drop indicates that leveraged positions, and therefore open interest, are rapidly shrinking.
πββοΈ Unicoin to buy majority stake in Diamond Lake and launch altcoin treasury strategy. coindesk
π° Veda has completed $18 million in funding led by CoinFund with participation from Coinbase Ventures, Animoca and others.
π₯³ #BTC Anthony Pompliano is taking his ProCap BTC financial platform to the public market through a $1 billion merger with Columbus Circle Capital Corp. coindesk
π° Paradigm invested $15 million in DEX GTE (Global Token Exchange) theblock
πΊπΈπ #macro US (June; Prev):
- S&P Composite PMI: 52.8 (previous: 53);
- S&P Manufacturing PMI: 52 (previous: 52);
- S&P Services PMI: 53.1 (pred: 53.7).
- S&P Composite PMI: 52.8 (previous: 53);
- S&P Manufacturing PMI: 52 (previous: 52);
- S&P Services PMI: 53.1 (pred: 53.7).
πΊπΈπ #macro Fed Chair Bowman: Now is a good time to consider an interest rate adjustment. If inflation continues to fall or the labor market weakens, the interest rate could be lowered.
Also, the Fed will hold a meeting on bank capital on July 22.
Also, the Fed will hold a meeting on bank capital on July 22.
πΈ #BNB Bloomberg: Former Coral Capital executives are in talks to raise $100 million to invest in a BNB token linked to Binance Holdings through a publicly traded company they control. The team plans to finalize the fundraising this month and rename the company Build & Build Corporation.
CZ: I've heard of several companies doing this. None of them are run by me/us yet. But we give them a lot of support. BNB is a public native coin on the blockchain, not "tied" to Binance Holdings Ltd or CEX Binance.
CZ: I've heard of several companies doing this. None of them are run by me/us yet. But we give them a lot of support. BNB is a public native coin on the blockchain, not "tied" to Binance Holdings Ltd or CEX Binance.
π #BTC Glassnode: Since June 10, Bitcoin investors classified as Loss Sellers rose 29%, showing growing pressure on weak hands. But Conviction Buyers also increased, suggesting sentiment isnβt collapsing. Some are cutting losses - others are actively lowering their cost basis.
π½π #BTC #ETH #ETF Theblock:
- The cumulative trading volume of the US spot Bitcoin ETF has surpassed $1 trillion in less than 18 months;
- BlackRock's IBIT fund leads among similar products with a 79% market share;
- Daily trading volume of spot Bitcoin ETFs is currently maintained between $2.3 billion and $4.4 billion;
- The Ethereum U.S. spot ETF has a cumulative trading volume of $83.4 billion since its launch;
- The asset management scale of spot Bitcoin ETFs has exceeded $120 billion and the asset management scale of the IBIT fund has reached $70 billion, making it the fastest ETF product to reach this scale in history.
- The cumulative trading volume of the US spot Bitcoin ETF has surpassed $1 trillion in less than 18 months;
- BlackRock's IBIT fund leads among similar products with a 79% market share;
- Daily trading volume of spot Bitcoin ETFs is currently maintained between $2.3 billion and $4.4 billion;
- The Ethereum U.S. spot ETF has a cumulative trading volume of $83.4 billion since its launch;
- The asset management scale of spot Bitcoin ETFs has exceeded $120 billion and the asset management scale of the IBIT fund has reached $70 billion, making it the fastest ETF product to reach this scale in history.