EURUSD WEEKLY CHART

We took out major Sellside Liquidity in the form of Equal Lows. This has real potential for reversal and I am mildly bullish from here watching for reversal patterns on the Daily chart for a run on Major Buyside Liquidity at 1.21000 psychological number.

EUR is at extreme 52 week lows showing it is in a major discount after the Middle East shock. Lowering energy prices and geopolitical tensions fade are one of it’s top bullish fundamental drivers. Bull case is FED not hiking rates, EURO inflation below 2.5% and oil prices stay lowered. Potential risks are FED do raise rates, energy shocks relapses and Euro Zone recession fears. Bull case far more likely.

💵 Binance USDC Reserves Drop 22% to $4.6B

Binance has seen its USDC holdings fall by 22%, dropping to $4.6 billion after approximately $1 billion in stablecoin liquidity exited the exchange.

The decline may reflect shifting trader preferences or regulatory pressures affecting stablecoin distribution on the platform. Reduced stablecoin reserves can impact available market liquidity and overall trading stability on the exchange.

Stablecoin reserve levels on major exchanges are closely watched as indicators of market depth and user confidence.

Source

⛏ MARA Acquires 1,200-Acre Texas Site in $600M Deal

Bitcoin miner MARA has purchased a large industrial site in Matagorda County, Texas, in a $600 million deal covering Bitcoin mining and AI infrastructure.

The 1,200-acre property was previously earmarked for a $7 billion HIF Global e-fuels plant backed by Texas Gov. Greg Abbott. HIF later pivoted away from e-fuels toward power computing, leading to the sale to MARA.

The acquisition signals continued expansion of Bitcoin mining and AI data center infrastructure into large-scale industrial sites across the U.S.

Source

🟠 BIP-110 Splits Bitcoin Community Over Non-Financial Data

A new Bitcoin Improvement Proposal — BIP-110 — is dividing developers, miners, and industry leaders by seeking to restrict non-financial data from being stored on the Bitcoin network.

The debate has reached a key activation deadline, with prominent figures on both sides clashing over whether Bitcoin's blockchain should be limited strictly to financial transactions or remain open to arbitrary data storage. Supporters argue the restriction would protect network efficiency and preserve Bitcoin's core purpose; opponents see it as a governance overreach that could set a dangerous precedent.

The conflict is being compared to the Blocksize Wars, Bitcoin's most contentious governance battle, raising fresh questions about how protocol-level decisions get made — and who has the power to make them.

Source

🌐 DTCC Pilots Stock and Treasury Tokenization with 40 Major Firms

The Depository Trust & Clearing Corp. has launched a production pilot to tokenize U.S. stocks and Treasury securities, marking one of the most significant moves by traditional financial infrastructure into blockchain-based settlement.

The trial involves 40 financial institutions, including JPMorgan, BlackRock, Goldman Sachs and Vanguard. JPMorgan will tokenize part of its Invesco QQQ Trust holdings held at DTCC, while Microsoft shares, Circle and SPY are also among the assets being tokenized. The pilot will evaluate settlement and custody of tokenized assets on a shared infrastructure.

DTCC serves as the backbone of U.S. securities clearing, processing trillions in transactions annually — making its direct involvement a notable step toward mainstream adoption of tokenized financial instruments.

Source

Shares of American Bitcoin, a mining company with backing from Eric Trump, have declined by 95% from their peak over the past year. This downward trend mirrors the performance of other cryptocurrency ventures associated with the Trump family.

🏦 Tether Invests $20M in Argentine Neobank Ualá

Tether has taken a $20 million strategic stake in Ualá, the Argentine neobank, as part of a broader $197 million funding round completed in March that valued the company at $3.2 billion.

The investment is purely financial — Ualá has confirmed no operational integration with Tether's stablecoin products is planned, citing regulatory hurdles facing banking institutions seeking to bring such assets to Latin American markets.

The move signals Tether's continued push to deepen its presence in Latin America, where stablecoin adoption has been growing steadily amid currency volatility across the region.

Source

📣 Robinhood's Blockchain Hits $400M TVL in Just 16 Days

Robinhood's new blockchain, launched on July 1, has already surpassed $400 million in total value locked (TVL) after just 16 days—an impressive start for a brand-new network.

Interestingly, most of the activity isn't coming from tokenized stocks, which many expected to be the chain's main use case. Instead, users are flocking to DeFi protocols and, of course, memecoins and other speculative tokens.

📣 The famous MEV bot "JaredFromSubway" has been exploited for over $7.5M, with some funds moved via TornadoCash.

The attacker manipulated the bot's automated MEV execution system without exploiting a smart contract bug or using phishing.

• Created fake tokens and liquidity pools that appeared profitable
• Tricked the bot into approving attacker-controlled contracts as spenders
• Initially consumed approvals to avoid detection
• Later left approvals active, giving attacker-controlled contracts access to funds
• Used the standing approvals to drain $WETH, $USDC, and $USDT via transferFrom()

Every rich man's story once started from a moment exactly like this.

China hosts the world’s first humanoid robot MMA event.

Governments: Bitcoin is a scam

Meanwhile, their fiat currencies:

🔷 Ethereum MVRV drops below 0.8 as ETH reclaims $1,800

Ethereum is showing a combination of on-chain signals that have historically appeared near major market bottoms, according to recent data.

ETH has reclaimed the $1,800 level while its MVRV ratio has dropped below 0.8 — a threshold that previously preceded significant recoveries for the asset. Spot Ethereum ETFs are also reportedly on track for a notable milestone, though full details were not available in the source. The MVRV ratio below 0.8 has historically been a rare occurrence, suggesting current holders are, on aggregate, sitting at unrealized losses.

Analysts tracking on-chain data consider MVRV compression a key indicator of potential accumulation zones, making the current confluence of signals a point of attention for market observers.

Source

⚖️ SEC targets 3 crypto rules ahead of Congress

The U.S. Securities and Exchange Commission is advancing formal rulemaking on three crypto-related areas, with proposals targeting digital asset offerings, broker-dealer custody, and trading venues — all penciled in for July 2026.

The move comes as the CLARITY Act, a landmark crypto market structure bill, remains stalled in the Senate. The SEC's timeline could allow it to establish regulatory frameworks through its own rulemaking process before Congress passes legislation.

The development signals a potential clash between agency-led regulation and the legislative approach favored by parts of the industry, with the outcome likely shaping how digital assets are classified and overseen in the U.S.

Source

South Korea's Stock market is officially in a bear market - down 30% from its high.

The cause:

- Renewed Mid East tensions
- Memory stock profit taking
- Leveraged retail

The quicker the run, the harder the fall.

❕ Global Conflict Risk Hits Highest Since 1960s

Analysts at Goldman Sachs state that the risk of a global conflict has reached its highest level since the mid-1960s. They assess this danger as greater than during the Cuban Missile Crisis, the Cold War, or after the September 11 attacks.

Experts highlight a rapid division of countries into opposing camps, with the abandonment of neutrality accelerating escalation.

The forecast emphasizes that the current situation stems not from a single military clash but from multiple geopolitical fractures expected to intensify through the end of this decade.

FTX will make its fifth creditor payment totaling around $900 million.

Creditors who completed all requirements (KYC, tax forms, and payment provider selection) by June 16 will receive payments on July 31. Funds will be sent via BitGo, Kraken, or Payoneer within 1–3 business days.

Algorithmic stablecoin Balance Coin (BLC) plunged over 99% after 42DAO hack stole $915,000.

The lessons from Terra (LUNA) remain unlearned.

Experts consulted by "Ъ FM" indicate that the Russian stock market may soon surpass the psychological threshold of 2,000 points. Multiple factors are driving this downward trajectory, with limited signs of optimism emerging. For further insights, refer to the experts' comments.

Long-term Bitcoin holders have substantially amplified their accumulation over the past month, now holding approximately 16.3 million BTC—a historic high according to CryptoQuant data.