Crypto Pro Updates
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๐Ÿ“Š๐Ÿ‘€ #BTC CQ: After the ATH, bears began aggressively shorting: bull dominance sharply declined, and the longโ€‘toโ€‘short ratio shifted into negative territory.

Bulls need to hold the $117K level.
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๐Ÿ‡ฐ๐Ÿ‡ท๐Ÿ‘จโ€โš–๏ธ #WEMIX South Korean court acquits former Wemade CEO in Wemix manipulation case. cointelegraph
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๐Ÿ•ต๐Ÿณ Whale with 80,009 BTC ($9.46 billion) transferred a total of 40,009 BTC ($4.68 billion) to Galaxy Digital. And Galaxy Digital transferred 4,620 BTC ($671 million) to Binance and Bybit.
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๐Ÿ”ฎ๐Ÿ“ˆ #ETH Similar charts and signals are popping up more and more online, hinting at the possible start of a new altseason and a broader market rally.

Many traders are betting on a repeat of past cycles, pointing to the marketโ€™s historical patterns and its tendency to move in waves.
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๐Ÿ•ต 400,000,000 #USDC transferred from unknown wallet to Binance.
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๐ŸŽฐ James Wynn funded Hyperliquid with 468k #USDC and opened a #BTC long with 40x leverage. Liquidation price: $115,570.
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๐Ÿ’ฐ Function, a crypto infrastructure company, has closed a $10 million seed round led by Galaxy Digital (GLXY) with participation from Antalpha (ANTA) and Mantle. coindesk
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๐Ÿค” #BTC Deutsche Bank: Bitcoin volatility will decline as its popularity grows. coindesk
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๐Ÿค #TON #ETH Telegram opens up to Ethereum-based DeFi with the launch of the Tac core network - a third-party blockchain connecting EVM-powered apps to TON. cointelegraph
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๐Ÿ’ฐ MARA miner leads $20 million investment round in Two Prime. coindesk #mining
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๐ŸŽ #PUMP airdrop is rumored to take place in August. source
๐ŸŽฎ #LOKA League of Kingdoms will rebrand to Arena-Z, as well as launch a new #A2Z token and a $20 million ecosystem fund.
๐Ÿ“Š #BTC Glassnode: Sharp drop in the Bitcoin LTH/STH Supply Ratio and a flip in 30D % change from accumulation to distribution suggest early signs of profit-taking.

After months of steady LTH inflows and rising price, this could mark a turning point. Key metric to watch for trend reversal.
๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‘€ Bessent: The formal process of identifying a candidate to be the next Fed chair has already begun.
Bessent also suggested that Powell should step down as Fed chair when his term expires in May 2026.
โšก๏ธ๐Ÿ‡บ๐Ÿ‡ธ #macro US:
- Consumer inflation (CPI; June):
- m/m: 0.3% (prog: 0.3%; pre: 0.1%)
- y/y: 2.7% (prog: 2.6%; pre: 2.4%);
- Core (CPI) (y/y): 2.9% (prog: 30%; pre: 2.8%).
๐Ÿฅณ #BTC Subsidiary of Fidelity has become Metaplanet's largest shareholder. theblock
๐Ÿ“ˆ๐Ÿค” #BTC Retail investors are buying more Bitcoin than miners can produce. Shrimps, Crabs, and Fish are stacking 19,300 BTC/month while miners only release 13,400.

This quiet supply crunch is fueling Bitcoinโ€™s run to new ATHs.
๐Ÿค๐Ÿ‘€ #ONDO #BNB #RWA BNB Chain joins Ondo Global Markets with plans to expand access to tokenized shares.
๐Ÿง๐Ÿค #PENGU Pudgy Penguins have partnered with Suplay, one of the leading collectibles companies in China.
๐Ÿฅณ #CORE Core Foundation launched Rev +, a protocol-level revenue sharing mechanism that provides ongoing incentives to developers, stable coin issuers and DAOs.
๐Ÿ‡ช๐Ÿ‡บ๐Ÿ™‹โ€โ™‚ #XRP Ripple will apply for a MiCA license to expand its cryptocurrency and stablecoin operations across the European Economic Area.
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