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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Profusa (PFSA) announces a $100 million credit line to back the execution of its Bitcoin Treasury Strategy.
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BingX Crypto & Financial News
Solana DeFi Development has acquired 47,272 SOL and currently holds a total of 690,420 SOL.
DeFi Development Corp has accumulated 1 million SOL.
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BingX Crypto & Financial News
Bitgo becomes first U.S. custodian to enable native ETH staking via Lido.
Bitgo has filed for an initial public offering in the United States.
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Ethena Introduces Reverse Ransom ENA
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Blockstream expands its presence across Europe after being acquired by Swiss crypto company Elysium Labs.
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Polymarket plans to expand its presence within the U.S. market.
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BingX Crypto & Financial News
UPEXI, the Solana treasury firm, reports holding 735,692 SOL.
Sol Upexi has acquired an additional 100,000 SOL.
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BingX Crypto & Financial News
Polymarket plans to expand its presence within the U.S. market.
Polymarket acquires licensed CFTC exchange and QCEX clearing center for $112 million.
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Justin Sun to journey to space aboard Blue Origin mission.
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BingX Crypto & Financial News
Ethena Introduces Reverse Ransom ENA
ENA and UMA tokens each surged approximately 20% amid recent developments, according to sources cited [1][2]. The rally coincided with the commencement of active token acquisitions. Additional details are available via the Careport chart [here].
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SEC Chairman Paul Atkins asserts that ETH should not be classified as a security.
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BingX Crypto & Financial News
Several members of Congress plan to submit materials concerning Jerome Powell to the Department of Justice, seeking to trigger criminal proceedings over allegations related to the $2.5 billion reconstruction of the Federal Reserve’s headquarters.
Congresswoman Anna Paulina Luna has filed criminal charges against Powell, alleging perjury concerning statements made under oath regarding repair work at the Federal Reserve.
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The trading volume of altcoins on Binance Futures reached $100.7 billion in a single day, marking the highest level since February 3, 2025.
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Glassnode reports that the RSI in the spot market has pulled back from overbought levels, signaling a potential slowdown in buying momentum. Meanwhile, the Cumulative Volume Delta has dropped sharply into negative territory, indicating increased selling pressure. Despite these developments, trading volume remains high, suggesting sustained market activity and demand. The narrowing of volatility spreads indicates the market still harbors some bullish speculation, although traders are becoming more cautious through hedging strategies. Overall, sentiment appears to be softening, with signs of a possible consolidation phase as investors adjust positions amid waning risk appetite.
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The SEC has delayed its decision on BitWise's application to permit direct purchase of ETH and BTC for its Ethereum and Bitcoin Trust.
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Zora surged 150% since yesterday following significant token purchases initiated at 08:35 Moscow time. The buying activity continued into today. At 09:22 yesterday, Zora ranked among the top assets for purchase volume across centralized exchanges, and by 10:06, it started climbing in open interest rankings, maintaining its position into the current day. Further details are available in the accompanying chart.
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Today's Summary and Tomorrow's Events - https://t.me/bingx1/2147483647
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The S&P 500 closed at a record high of 6,305.
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BingX Crypto & Financial News
Bloomberg Style: Bitcoin Strategy has acquired 6.220 BTC last week.
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The Bitcoin Strategy fund is seeking to raise an additional $500 million via a new series of preferred shares to fund Bitcoin acquisitions. coindesk
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BingX Crypto & Financial News
Last week (July 14-18), spot Bitcoin ETFs recorded approximately $2.39 billion in net inflows, while spot Ethereum ETFs attracted roughly $2.18 billion.
The total net outflow from spot Bitcoin ETFs was approximately $131.4 million yesterday, while spot Ethereum ETFs saw a net inflow of $296.5 million.
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