👀 Arkham stated that Justin Sun currently has about $1 billion in cryptocurrencies in public wallets.

At the beginning of February 2024, he had about $1.4 billion.

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🕯 Over the past 30 days, large BTC whales accumulated more than 55 thousand BTC.

The peak of accumulation occurred at a time when Bitcoin fell to $60k, which indicates significant pressure from large holders at this price level.

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✔️ Bitwise has resubmitted the S-1 application for the Ethereum ETF, a few days before the deadline (July 8)

In May, the SEC approved Form 19b-4 from eight issuers of the Ethereum ETF. Some analysts say that listing of the ETH ETF may begin in the next two weeks.

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🔒 ConsenSys acquires Wallet Guard, a crypto security app, to enhance MetaMask security

Wallet Guard offers a browser extension to protect wallets, digital assets, and user data in real time.

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📈 The market maker DWF Labs is launching a $20 million fund to finance Web3 projects in China

The Cloudbreak Fund invests in Chinese Web3, SocialFi, GameFi projects, memecoins, derivatives and projects of L1, L2 networks.

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🔺 Justin Sun is offering to buy all the BTC owned by the German government in order to minimize the impact on the market.

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✔️ Some creditors of Mt. Gox will have to wait up to three months for payment.

The trustee stated that the payment terms may vary depending on the exchanges:
▫️ Kraken is given 90 days to process payments;
▫️ Bitstamp — up to 60 days;
▫️BitGo — within 20 days;
▫️ SBI VC Trade and Bitbank will make payments within 14 days.

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👀 German MP and Bitcoin activist Joana Cotor has called on the government to stop "hasty" selling of Bitcoin and instead adopt it as a "strategic reserve currency" to protect against risks in the traditional system.

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🔠🔠🔠 🔠🔠🔠🔠🔠

HACKERS RETURNED $3 MILLION WORTH OF BITCOINS TO OWNER

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🟢 Watch - https://youtu.be/mRhLsA1JqCc

🔼 On July 5, the total net inflow of Bitcoin spot ETFs was $143M
Grayscale ETF GBTC had a net outflow of $28.6 M
Fidelity ETF FBTC had a single-day inflow of $117M
Bitwise ETF BITB had a single-day inflow of $30.19M

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🔗 Justin Sun stated that his team is developing a new solution for gasless transfers of stablecoins, with fees to be fully covered by stablecoins. The technology will first be implemented on the Tron blockchain and then support Ethereum and all EVMs. The service is expected to launch in the fourth quarter of this year.

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🔒 One Billion Worth of Tokens To Be Unlocked Next Week
The following tokens with the largest unlock amount will be unlocked next week:

WhiteBIT Coin - $366.75M
Cheelee - $228.27M
Aptos - $65.76M
Immutable - $42.55M
Ethereum Name Service - $35.52M
Internet Computer - $16.98M
Aethir - $9.20M

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🔺 Salvador continues to buy one BTC per day

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🪙 Golem, a project that raised 820,000 ETH in ICO in 2016, has transferred 36,000 ETH to Binance, Coinbase, Bitfinex, etc. in the past 37 days, worth about $115 million. Currently, Golem still has 231,400 ETH, worth about $656 million. https://etherscan.io/address

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🔽 According to Arkham data, today the German government transferred more than $10k of BTC to crypto exchanges and market makers.

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🔼 On July 8, the total net inflow of Bitcoin spot ETFs was $295 million, the highest inflow in the past 21 days. Yesterday, the German government also sold the largest amount of BTCs in recent times, reaching $915.3 million. Grayscale ETF GBTC had a single-day inflow of $25.0753 million, BlackRock ETF IBIT had a single-day inflow of $187 million, and Fidelity ETF FBTC had a single-day inflow of $61.5378 million.

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🌐 According to Forbes, Argentina has a higher rate of cryptocurrency adoption than any other country in the Western Hemisphere. With inflation at a cumulative 276% over the past 12 months, Argentinians just buy and hold USDT. Of the 130 million users of the world’s 55 largest exchanges, 2.5 million are from Argentina. The top five CEXs in Argentina are Binance, eToro, BingX, HTX, and Bitget.

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