BingX Crypto & Financial News
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🌐 Your portal to the crypto and financial world. Breaking news, insights, and analysis from BingX and crypto market.
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Linea founder expects details of upcoming token generation event to be announced this month.
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James Winn has deactivated his account on X.
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Trump announces that starting August 1, the European Union will implement a 30% tariff on goods imported from the United States.
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Pump Pumpfun raises $550 million in 12-minute public auction.
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BingX Crypto & Financial News
Whale Transactions: 1. A wallet associated with the Ethereum Foundation sold 1,207 #ITH tokens for $3.61 million USDC at a price of $2,992 per token. 2. Following an initial purchase of 10,000 ETH ($25.7 million), the Ethereum Foundation's OTC desk, SharPlink…
Recent whale transactions:

- The Argot Collective, which previously received 7,000 ETH from the Ethereum Foundation, sold 1,206 ETH for $3.61 million. Since yesterday, the entity has sold a total of 2,416 ETH.
- Arthapala transferred 4,120 ETH to exchanges. Since June 11, a total of 118,907 ETH has been moved from the address, amounting to $202 million.
- Over the past 24 hours, the 1inch team acquired an additional 11.81 million 1inch tokens valued at $3.3 million.
- Arthur Hais purchased Ena tokens for $1.5 million in the last day.
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KNC surges 120% after early-morning accumulation

KNC token jumped approximately 120% today following a surge in buying activity that began at 07:39 Moscow time. The asset quickly climbed the rankings across various exchanges, reaching the top position by 08:22.
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The PUMP Kit has a link to "ff.sol" here. The account previously acquired 5.97 million Trump tokens at $0.20 each, amounting to $1.19 million. Additionally, a new wallet has been established with an investment of 1 million USDC to participate in the PUMP pre-sale.
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Bananas31 reports a 20% decline in large-scale sales on Gate.io. Trading launched at 14:45 Moscow time, with the token hitting the top spot in purchase rankings on Bybit Futures by 16:22, prompting a 40% increase in its price. Large sales transactions on Gate.io commenced at 21:35, as the token's sales rankings on centralized exchanges began climbing from 20:10.

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Upcoming Events for the Week Ahead

Monday, July 14:
- Update on ZetaChain
- Kickoff of Crypto-week in the USA
- Openserv to launch AppCelerator program
- Immutable to begin open beta testing for Freya: The Starfall

Tuesday, July 15:
- Vapels: Starknet (1.28%, $19.27M)
- Vapels: SEI (1.00%, $18.69M)
- Palm AI to unveil new product
- Alephium to launch Danube network
- DELYSIUM to release LUCY BETA V.2.0
- SuperStacks Front available on Optimism Superchain
- Internet Computer to present Caffeine AI
- CPI (Jun) at 15:30 Moscow time
- Redbook (YOY) at 15:55 Moscow time

Wednesday, July 16:
- Vapels: Arbitrum (0.94%, $38.94M)
- Update on dYdX
- Update on THORChain
- Mantle Sepolia v1.3.0 update
- Voting on wlfi tradability concluded
- PPI (MoM) (Jun) at 15:30 Moscow time
- Crude Oil Inventories at 17:30 Moscow time

Thursday, July 17:
- Update on Cosmos Hub
- Vapels: Solv Protocol (3.47%, $15.72M)
- Vapels: Debridge (6.34%, $14.88M)
- Vapels: Apecoin (1.54%, $10.49M)
- Vapels: ZKSYNC (0.82%, $10.18M)
- DELYSIUM to announce new partnership
- Core Retail Sales (MoM) (Jun) at 15:30 Moscow time
- Initial Jobless Claims at 15:30 Moscow time
- Philadelphia Fed Manufacturing (Jul) at 15:30 Moscow time
- Retail Sales (MoM) (Jun) at 15:30 Moscow time

Friday, July 18:
- Vapels: Trump (45.00%, $924.3M)
- Vapels: UXLINK (3.33%, $12.27M)
- Vapels: FastToken (4.64%, $89.20M)
- Conclusion of Crypto-week in the USA
- Bank Lorenzo Protocol to launch main network
- Aizen Airdrop to be finalized

Saturday, July 19:
- Sundog to conclude $2 million return redemption

Sunday, July 20:
- Vapels: Layerzero (2.47%, $54.17M)
- IDRX to distribute first payment of 4750 LSK to initial stakers on LISK platform
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BingX Crypto & Financial News
Pump Pumpfun raises $550 million in 12-minute public auction.
Launchcoin and Bonk Rally Following Reported Pump, Triggering Strategic Purchases

Crypto tokens Launchcoin and Bonk surged broadly following reports of a coordinated pump, prompting notable buying activity. Launchcoin advanced approximately 30%, while Bonk increased by nearly 20%, in the moments after the alleged pre-sale escalation.

Data shows that substantial institutional and retail purchasing commenced minutes before the apparent pump event. Bonk’s trading volume on Binance peaked at 14:22, with activity recorded earlier, while Launchcoin rose to the top of purchase rankings across all major centralized exchanges by 15:35.

Further details and real-time analytics are available via the provided chart link.
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BingX Crypto & Financial News
Trump announces that starting August 1, the European Union will implement a 30% tariff on goods imported from the United States.
European Commission president extends suspension of US tariff countermeasures until early August.
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Strategy likely acquired Bitcoin this week.
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CZ has posted a tweet alleging that Coinbase is connected to anonymous sources cited by Bloomberg, which have criticized World Liberty Financial and Binance’s Trump cryptocurrency initiative. The claims are said to stem from Coinbase executives' concerns over a possible pardon for CZ and the prospect of Binance resuming operations within the United States.
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The market continues to exhibit active trading today.
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Weekend summary and events for tomorrow: https://t.me/bingx1/2147483647
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Bitcoin derivatives markets experienced roughly $688.03 million in liquidations over the past 24 hours, with long positions totaling $98.39 million and shorts amounting to $589.64 million.
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Bhutan's government has cashed out 512.84 Bitcoin over four days, totaling approximately $59.47 million in sales. Daily transactions have remained steady. The country's remaining Bitcoin holdings stand at 11,411 BTC, valued at about $1.4 billion.
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Two wallets linked to ABRAXAS Capital on Hyperlique have incurred losses exceeding $107 million, predominantly from short positions in Bitcoin, Ethereum, Solana, and other tokens used as hedges against their long holdings.
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Satoshi Nakamoto's estimated net worth surpasses $134 billion, making him the 10th wealthiest individual worldwide. coindesk
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BingX Crypto & Financial News
CoinShares reports that digital asset products saw total inflows of approximately $1.03 billion in the past week. Bitcoin accounted for $790 million of the inflows, with Ethereum attracting $226 million.
CoinShares reports that digital asset investment products saw approximately $3.7 billion in new inflows last week. Bitcoin accounted for $2.7 billion of the total, with Ethereum adding $900 million.
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BingX Crypto & Financial News
ARK Invest has divested its holdings in Coinbase and Robinhood, netting $6.5 million and $5.8 million respectively. theblock.com
Ark Invest divests $8.64 million worth of Coinbase shares.
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