Crypto Arena
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Analyst: Since 2014, the death cross between the 50-day and 200-day simple moving averages on the 3-day chart has consistently preceded the final stage of a Bitcoin $BTC bear market decline.
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A user under the nickname Rundeep placed six bets on the Polymarket platform related to Israeli military actions and was correct in all cases, earning a total of $154,000.

Later, Israeli prosecutors charged a reservist and a civilian, alleging they used classified military information to place the bets.
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Venture capital investments in crypto projects have dropped to their lowest level in six years β€” totaling just $2.2 billion in the first quarter of 2026.

Most of the funds went to crypto financial services (24%) and DeFi (27%), while seed rounds accounted for only $166 million β€” roughly at the level of 2020.
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BTC price has fallen below $67,000, and the experienced trader pension-usdt.eth has claimed victory once again, now achieving 20 consecutive wins!

His short positions of 750 $BTC ($50.11 million) and 20,000 $ETH ($41.61 million) have now generated a profit of $2.21 million.

His total profit exceeds $32.65 million.

Address:
0x0ddf9bae2af4b874b96d287a5ad42eb47138a902
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Losses from the Drift protocol hack on Solana are now estimated at $280–285 million

According to the project team, the attack was prepared over several weeks. The attackers obtained the necessary approvals within the multisig in advance and quickly seized control of the protocol at the right moment.

The hacker managed to withdraw millions of dollars in USDC, USDT, JUP, WBTC, WETH, Fartcoin, and several other derivative tokens. After that, they began moving funds to Ethereum using Circle's USDC bridge. On social media, Circle has faced significant criticism for not promptly blocking the stolen funds, despite having the ability to do so.

On-chain analysts report that the attacker is currently continuing to convert the stolen tokens into ETH.

The DRIFT token dropped approximately 50% in the wake of the attack but was then sharply pumped on the Korean exchange Bithumb against the won, with the price surging nearly 200%.
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57% of the total value locked (TVL) in DeFi is concentrated on Ethereum.

Meanwhile, developers have proposed creating an β€œEconomic Zone” to unify the fragmented Layer 2 (L2) networks within the Ethereum ecosystem.
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According to the negative Coinbase premium, U.S. institutional investors remain net sellers of Bitcoin. Net selling on Coinbase has continued for 900 consecutive hoursβ€”the highest level of pessimism seen in the past two years, now reaching extreme levels that have historically been a bullish signal, according to CryptoQuant.
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Bank of America's Bull & Bear Indicator hit 9.6, the highest since December 2020 and the third-highest in 24 years, pointing to extreme optimism among investors.
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Global central banks currently hold the largest amount of gold in history.
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Bitcoin price dynamics with bullish divergence signal

During the recent price recovery, the momentum remains positive for now, but it still lacks sufficient strength (+25) to confirm a divergence by breaking through a significant structure #BTC

We are tracking this trend as selling pressure is losing strength, which is a positive short-term signal of a potential price reversal
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Ethereum-ETFs attracted more capital than Bitcoin funds for the third week in a row πŸ“ˆ

From July 20 to 24, US spot Ethereum-based ETFs attracted $104 million in net inflows, extending the streak to three consecutive weeks. Over the same period, net inflows into spot Bitcoin ETFs amounted to $33.79 million, remaining positive for the third week in a row as well.

During the last week, the ETH price rose by approximately 5%, while Bitcoin gained about 1.5%.

Meanwhile, spot ETFs based on Solana and XRP received $7.2 million and $8.15 million respectively over the week. Conversely, HYPE-based funds recorded a net outflow of $8.61 million.

The launch of cryptocurrency ETFs in the US in 2024 and the subsequent inflow of institutional capital became one of the factors driving market growth. By purchasing ETF shares, investors effectively create demand for the cryptocurrency, as ETF issuers buy it to back the issued shares. 🏦

Data: SoSoValue
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Strategy has conducted its first buyback of preferred STRC shares. The company did not purchase any new Bitcoin.

Last week, Michael Saylor's Strategy executed its first buyback of its own preferred STRC shares worth $25 million. The share price reacted with an increase but still has not recovered to its $100 par value.

At the same time, Strategy raised an additional $544 million through a secondary issuance and sale of MSTR common stock. Over the past year, these shares have already dropped by nearly 85%.

The company also increased its dollar reserves by $525 million. According to Saylor, these reserves now cover STRC dividend payments for more than two years.

Last week, Strategy neither bought nor sold Bitcoin. The company's balance sheet still holds 843,775 BTC and $3.75 billion in cash reserves. Since 2020, the company has spent $63.69 billion on Bitcoin purchases at an average price of $75,476 per coin.
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