🗽👀 #FOMC #BTC Santiment: Many traders had positioned themselves for a dovish message from the Fed and were betting that cheap money would continue into year-end. When Powell pushed back on that idea, those bets began to unwind.

Liquidations across crypto exchanges added to the sell-off, and funding rates are pretty neutral. Ideally, exchanges will start to see a growing amount of shorts, leading to short liquidations that can propel Bitcoin back up to $115K and beyond.

📊🤔 #ETH Ethereum L1 transactions & active addresses are at all-time highs, while gas fees are close to all-time lows.

📉 #ETH Buy/Sell Pressure Delta is negative, and On-Chain Volume is starting to drop - Alphractal

The social disbelief + a slightly negative Buy/Sell Pressure Delta may suggest that ETH’s real euphoria hasn’t even started yet, despite the overall bearish sentiment.

📈🗣 #BTC Michael Saylor predicts Bitcoin will reach $150,000 by end of this year.

🧐 Bitwise reports, Institutional Crypto Adoption Hits New Heights

— Major banks including JPMorgan, Goldman Sachs, Citi, and Deutsche Bank are now active in crypto trading and custody.
— BlackRock, Fidelity, and Franklin Templeton lead in crypto ETPs and tokenization.
— Visa and Mastercard expand crypto-enabled payment services.
— Wells Fargo, UBS, and BNY Mellon also deepen crypto operations.

Bitwise says the data marks the broadest wave of institutional participation in digital assets yet.

🇺🇸🇨🇳 Trump and Xi Jinping meeting to discuss trade deal has begun. #tradewars

🇺🇸🇰🇷 South Korea agrees to pay $350 billion to the U.S. for duty cuts. #trade wars

📉 #BTC #ETH #ETF Yesterday, total net outflows of spot BTC-ETFs totaled ~$470.7 million.

Total net outflows of spot ETH-ETFs amounted to ~$81.4 mln.

#SOL Volume in Bitwise's Solana ETF surpassed $70M on day two. theblock

👍 #SOL #ETF Fidelity submitted an updated S-1 filing for its Solana spot ETF.

🇺🇸🍿 #TRUMP Fight Fight Fight LLC, the issuer of the TRUMP token, is in talks to acquire the Republic platform. bloomberg

🇺🇸🇨🇳 Trump said his meeting with Xi Jinping was "terrific."

👍 Reuters: OpenAI is preparing for an IPO with a $1 trillion valuation.

🇺🇸🤝🇨🇳 Trump announced that the U.S. and China have reached a 1-year trade agreement on rare earth metals and essential minerals. US cuts tariffs for China. #tradewars

🇭🇰 Hong Kong said it has raised objections to the Digital Asset Treasury's (DAT) plans for at least five companies, none of which have been approved for listing. wenweipo

👍 #RWA Securitize, BNY Mellon launch tokenized fund based on structured credit. cointelegraph

🔍 SpaceX moved another 281 #BTC ($31.28 million) to a new wallet - probably for storage purposes. SpaceX has moved their BTC assets three times in the last 10 days.

🔍🐳 Whale Transactions:

1. 0xc2a3 opens longs on #BTC and #ETH again. Positions: 1,039 BTC ($114 million), 560,840 #SOL ($109 million), 13,419 #ETH ($52.66 million);
2. LeBron spent 102 #SOL ($18.3k) to buy 2.9 million shares of #GHOST. He previously made $8.9M on #MELANIA, $4.56M on #LIBRA , $3.2M on #TRUMP and $1M on #HARRYBOLZ;
3. Whale spent 5346 #SOL ($1.07 million) to buy 165,401 #TRUMP ($1.4 million), also opened a max leveraged long on Hyperliquid for 1.13 million #TRUMP ($9.5 million).

🤖💰 #AI YZi Labs announced their first AI investment in VideoTutor, an AI-based educational service.

💸 #BTC Over the last 24 hours, ~$818 million worth of contracts have been liquidated, of which longs have liquidated ~$614 million and shorts ~$203 million.

👍 #FXS #IQ Frax, IQ launch #KRWQ pegged to Korean won on Base. cointelegraph

🤑😱 #BTC The fear and greed index is 34 - fear.