๐ Here's a recap of the week's key market-moving stories
You chose: 37% voted Bitcoin's recovery as the top story. Get the full breakdown below ๐
๐ Bitcoin climbed back to $64K as ETF inflows resumed, with $221.7M entering US spot ETFs in one day, ending a 10-day outflow streak totaling $2.73B. An additional $265.7M came in on Monday.
โ๏ธ The "never sell" mindset has ended. Strategy offloaded 3,588 BTC for $216M, marking its largest sale in six years, to fund preferred stock dividends under a new plan allowing up to $1.25B in BTC sales. The firm once known for holding forever is now a seller.
๐ง XRP surged to $1.18, overtaking USDC to become the #5 crypto by market cap (~$73B), as whales accumulate while retail investors face record average losses.
๐ฅ BONK DAO lost roughly $20M due to a malicious governance proposal. Governance remains a vulnerabilityโvote security depends on voter integrity.
๐ค The AI rally boosted Wall Street, with semiconductor stocks surging. Bank of America noted a generational cash flow shift: declining at hyperscalers, rising at chipmakers.
๐ข Middle East tensions drove up oil and risk marketsโan unpredictable wildcard.
โ๏ธ The CLARITY Act missed its July 4 signing deadline; the Senate now targets final text by August 7. Regulation is delayed, not abandoned.
๐ช๐บ In Europe: Ripple obtained a full MiCA license.
You chose: 37% voted Bitcoin's recovery as the top story. Get the full breakdown below ๐
๐ Bitcoin climbed back to $64K as ETF inflows resumed, with $221.7M entering US spot ETFs in one day, ending a 10-day outflow streak totaling $2.73B. An additional $265.7M came in on Monday.
โ๏ธ The "never sell" mindset has ended. Strategy offloaded 3,588 BTC for $216M, marking its largest sale in six years, to fund preferred stock dividends under a new plan allowing up to $1.25B in BTC sales. The firm once known for holding forever is now a seller.
๐ง XRP surged to $1.18, overtaking USDC to become the #5 crypto by market cap (~$73B), as whales accumulate while retail investors face record average losses.
๐ฅ BONK DAO lost roughly $20M due to a malicious governance proposal. Governance remains a vulnerabilityโvote security depends on voter integrity.
๐ค The AI rally boosted Wall Street, with semiconductor stocks surging. Bank of America noted a generational cash flow shift: declining at hyperscalers, rising at chipmakers.
๐ข Middle East tensions drove up oil and risk marketsโan unpredictable wildcard.
โ๏ธ The CLARITY Act missed its July 4 signing deadline; the Senate now targets final text by August 7. Regulation is delayed, not abandoned.
๐ช๐บ In Europe: Ripple obtained a full MiCA license.
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๐บ๐ธ NEW: The Bitcoin Policy Institute has entered the legal battle opposing the NYC case that seeks to classify long-held, self-custodied Bitcoin as abandoned property.
When coins remain untouched for 5 years, are they truly abandoned or simply HODLed?
When coins remain untouched for 5 years, are they truly abandoned or simply HODLed?
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๐ฎ๐ฉ ALERT: A fresh incident in Bali, Indonesia, involves a Russian citizen who was abducted, assaulted, and forced to hand over cryptocurrency.
According to certain reports, the stolen amount is estimated at $4.9M.
According to certain reports, the stolen amount is estimated at $4.9M.
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๐จ ANALYSIS: Could Bitcoinโs bear phase be nearing its end?
According to Real Visionโs Jamie Coutts, Bitcoin may be in the latter stage of its bear market, as downward pressure weakens and a possible climb toward $200K to $250K emerges.
Market Moves via Cointelegraph Magazine.
According to Real Visionโs Jamie Coutts, Bitcoin may be in the latter stage of its bear market, as downward pressure weakens and a possible climb toward $200K to $250K emerges.
Market Moves via Cointelegraph Magazine.
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๐ Top Trending Coins (Today)
1. HOODIE
2. PENGU
3. CASHCAT
4. LAB
5. INJ
6. ANSEM
7. LIT
8. SXT
9. LTC
10. SOL
11. BTC
12. ETH
13. ARB
14. TAO
15. LINK
#cryptonews
1. HOODIE
2. PENGU
3. CASHCAT
4. LAB
5. INJ
6. ANSEM
7. LIT
8. SXT
9. LTC
10. SOL
11. BTC
12. ETH
13. ARB
14. TAO
15. LINK
#cryptonews
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๐จ JUST IN: Empery Digital has offloaded 1,400 Bitcoin, valued at $87.1M, to finance an AI data center and reduce its debt.
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๐ต๐ฐ REGULATION: Following Islamic scholars' ruling against crypto payments, Pakistan's crypto regulator has urged for discussions.
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๐ Top Trending Coins (Today)
1. $1
2. CASHCAT
3. LAB
4. BTC
5. ANSEM
6. UNI
7. LIT
8. ARB
9. SOL
10. DEXE
11. MON
12. NEAR
13. SUI
14. PENGU
15. ATOM
#cryptonews
1. $1
2. CASHCAT
3. LAB
4. BTC
5. ANSEM
6. UNI
7. LIT
8. ARB
9. SOL
10. DEXE
11. MON
12. NEAR
13. SUI
14. PENGU
15. ATOM
#cryptonews
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โก๏ธ INSIGHT: A spike in trading activity on Robinhood Chain is reigniting bullish sentiment around Ethereum, winning over even some skeptics. A trader suffers a $1M loss from a suspicious token approval, plus other headlines.
Hodler's Digest from Cointelegraph Magazine
Read more
Hodler's Digest from Cointelegraph Magazine
Read more
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