Track market-moving stories before they get noisy

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The crypto market is always a topic of discussion due to its daily and weekly fluctuations, and therefore, it grabs the attention of crypto holders. This daily and weekly momentum provides a pathway and can be used as a behavioral indicator for certain cryptocurrencies. According to the statistical calculations, many cryptocurrencies performed well last week and grabbed crypto holders’ attention.

There is a hierarchical list of top crypto gainers of the week that show record growth, and the overall market remains in an upward trend. Here are Crypto gainers named as DeXe ($DEXE), Arbitrum ($ARB), Pyth Network ($PYTH), Uniswap ($UNI), Zcash ($ZEC), Sky ($SKY), Lighter ($LIT), Aave ($AAVE), JUST ($JUST), and Polygon (prev. MATIC) ($POL). This data is collected from CoinMarketCap (CMC).

DeXe Soars 80% to Lead This Week’s Best-Performing Cryptocurrencies DeXe ($DEXE) is leading in the first position in the market with a clear, distinctive growth figure of 79.99% over the last week. It holds a trading volume of $109682779 and emerges with a new price of $43.37. Coming to the Next, Arbitrum ($ARB) is moving with a change of 21.73% in the market with a volume of $183230590, and currently ARB/USDT is trading at $0.09542.

Pyth Network ($PYTH) and Uniswap ($UNI) come at the 3rd and 4th positions, respectively, in the entire crypto market. Pyth Network ($PYTH) and Uniswap ($UNI) are available at the trading price of $0.04696 and $3.62 over the previous week. Pyth Network ($PYTH) has a volume of $20114033 with growth of 17.77%, while Uniswap ($UNI) appears with a trading volume of $235319470 along with 15.49%.

Zcash Climbs Past 14% to Lead Mid-Tier Weekly Crypto Performers Zcash ($ZEC) and Sky ($SKY) have secured 5th and 6th positions with trading volumes of $457170448 and $32274234, respectively. Zcash ($ZEC) trades at a new price of $521.50 after getting a positive growth of 14.35%. Sky ($SKY) is available in the market after getting a positive change of 12.90% and trades at a price of $0.06216.  

As per CoinMarketCap data, Lighter ($LIT) and Aave ($AAVE) trade at new prices of $2.59 and $97.82 with trading volumes of $48398684 and $272178932, respectively. Lighter ($LIT) gets a change of 11.45%; on the other hand, Aave ($AAVE) achieves a growth of 11.13%. Furthermore, JUST ($JUST) is standing at the 2nd last position in the list of top crypto gainers of the last 7D.

JUST ($JUST) holds a trading volume of $26076377 with a weekly change of 9.72% and also comes with a new price of $0.1013. Last but not least, Polygon (prev. MATIC) ($POL) secured the last position in the given list with a growth of 8.93% according to statistical analysis. Polygon (prev. MATIC) ($POL) has a trading volume of $38782927 and is available in the market with a new price of $0.07935.  These values are recorded at the time of writing this article.

AUTHOR

Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.

This week, macro events drove the crypto market.

Renewed geopolitical tensions in the Middle East triggered a brief risk-off move, sending Bitcoin [BTC] and altcoins lower before BTC recovered and held above the $63,000 support level, highlighting its resilience.

Against this backdrop, protocol-based altcoins dominated the winners’ list with strong double-digit rallies, while most of the week’s biggest losers came from speculative assets, reflecting a clear rotation toward fundamentally stronger projects.

How did DeXe [DEXE] reinforce its bullish structure? DeXe [DEXE] led this week’s gainers with a massive 73% rally, marking its strongest weekly performance on record. The move reflects strong investor demand for decentralized governance protocols despite mixed sentiment across the broader crypto market.

From a technical perspective, DEXE is now approaching the $50 resistance level, putting another breakout within reach. However, the rally is also beginning to flash signs of exhaustion. At press time, the RSI has pushed deep into overbought territory, suggesting buyers may be getting stretched. 

At the same time, DEXE has gained 73% in less than four trading days, highlighting an aggressive buying spree that often precedes a period of cooling. With the broader market turning risk-off again as geopolitical tensions weigh on sentiment, short-term profit-taking could increase.

Source: TradingView (DEXE/USDT) If that happens, $35 is the first key support level to watch. However, if buyers continue to absorb selling pressure, DEXE could still break above $50 and extend its rally.

Overall, DEXE enters the week with strong momentum but elevated risk as technicals become overextended.

Arbitrum [ARB] is approaching a KEY resistance zone Arbitrum [ARB] was the second-biggest gainer this week, climbing 20% after posting an 8% rally the week before. The back-to-back gains suggest buyers are steadily taking control, with bullish momentum continuing to build. Technically, ARB still doesn’t look overheated. 

Despite the strong move, the weekly RSI remains below overbought territory, suggesting there is still room for the rally to extend. The daily chart also continues to print higher highs, showing buyers remain in control. The next key level to watch is the $0.10 resistance zone. ARB hasn’t reclaimed this level since losing it during the late May correction, making it an important technical barrier.

If buying pressure continues at its current pace, a breakout above $0.10 looks increasingly likely. That would open the door for another leg higher, making ARB one of the stronger technical setups to watch this week.

Lighter [LIT] continues to outrun bearish control Lighter [LIT] secured the third spot among this week’s top gainers with a 5% rally. While the gain was smaller than the week’s biggest winners, it suggests LIT has continued to hold onto its recent strength.

Technically, the more important development is that LIT has broken above the $2.70 resistance level. This comes after the token rallied more than 50% over the past two weeks, showing buyers are still willing to accumulate even after a strong uptrend.

The successful reclaim of resistance also shifts market sentiment in favor of the bulls. If buying pressure continues, the breakout could attract fresh momentum traders, increasing the chances of a move toward $3.

Other notable winners Outside the majors, altcoin movers also stole the spotlight this week.

TCC [TCC] led the market with a staggering 66,301% gain, followed by Cash Cat [CASHCAT], which surged 3,928%, while Yei Finance [CLO] climbed 76%, rounding out the week’s top performers.

Weekly losers How did Bonk [BONK] erase its previous week’s gains? Bonk [BONK] led this week’s losers with an 18% decline, completely wiping out last week’s 18.6% rally. The move is another reminder of the sharp swings that are common across the meme coin sector.

What’s interesting is that the sell-off came despite 110 million BONK being burned this week. That suggests the token burn wasn’t enough to shift sentiment. Technically too, BONK looks weak. The weekly chart has been printing lower lows since the mid-Q3 2025 cycle, showing the broader downtrend remains intact. 

Even though the RSI was deep in oversold territory as of writing, buyers have yet to step in with enough conviction to reverse the trend. This week’s decline also pushed BONK to a new all-time low around $0.0000039, reinforcing the bearish structure.

Source: TradingView (BONK/USDT) Unless market sentiment improves or buyers reclaim key resistance levels, BONK is likely to remain under pressure, making it one of the weaker technical setups heading into next week.

Audiera [BEAT] is testing the strength of a KEY support Audiera [BEAT] was the second-biggest loser this week, dropping 12% after posting two straight weeks of gains. Despite the pullback, BEAT is still holding above levels it reclaimed during its recent breakout, suggesting bulls haven’t lost control just yet.

Technically, the focus is now on the $2.00–$2.50 support zone. Since mid-May, buyers have consistently stepped in around this area, triggering several weekly rebounds and keeping the broader uptrend intact. That makes this week’s decline look more like a cooldown than a trend reversal.

If bulls defend support once again, BEAT could build enough momentum for another run at the $3.50 resistance. A successful breakout above that level would confirm another higher high and keep BEAT among the stronger bullish setups to watch next week.

Why did Jupiter [JUP] post its weakest weekly rally in over a month? Jupiter [JUP] was the third-biggest loser this week, falling just over 10%. The pullback came after numerous weeks of gains and pushed the token back below the $0.25 resistance level.

Technically, though, the trend still favors the bulls. JUP continues to hold a pattern of higher highs and higher lows, suggesting the broader uptrend remains intact. The next key level to watch is $0.20, where buyers have consistently stepped in during previous pullbacks.

That puts JUP in a healthy consolidation phase rather than a full trend reversal. If bulls continue to defend support, the current pullback could provide the base for another move higher.

A reclaim of $0.25 would strengthen the bullish structure and increase the chances of another breakout, making JUP one of the key altcoins to watch heading into next week.

Other notable losers In the broader market, downside volatility hit hard.

LAB [LAB] led the losers with a 96% decline, followed by ETHGas [GWEI], which fell 54%, while BUILDon [B] dropped 47.7% as bearish momentum intensified.

Conclusion This week was a rollercoaster for crypto. Big pumps, sharp dips, and nonstop action. As always, stay sharp, do your own research, and trade smart.

Final Summary DeXe [DEXE], Arbitrum [ARB], and Lighter [LIT] led the week in gains. Bonk [BONK], Audiera [BEAT], and Jupiter [JUP] saw significant declines.

Table of contents

Bitcoin has slipped into a quiet lull that reminds traders of previous pre-breakout periods. On Sunday, the largest digital asset drew close to a power law support trendline that Fidelity’s director of global macro, Jurien Timmer, has followed since 2015. According to the market update, Timmer labels current levels an accumulation zone. His hesitation is not about the valuation floor but about what he calls the absence of a catalyst to push price off that floor.

The Power Law Baseline A power law support line is not a moving average or a psychological round number. It represents a mathematical relationship where Bitcoin’s price rises as a constant power of the time since its genesis. Fidelity has used this tool for more than a decade to gauge whether Bitcoin is undervalued relative to its network adoption trajectory. The line has held through multiple cycles, including the 2018 trough and the 2022–2023 bear market bottom. Each prior touch was followed by an eventual repricing higher, sometimes after weeks of sideways drift.

Timmer’s accumulation zone call is important because it frames the current price not as a breakdown but as a possible re-entry region for longer-horizon capital. Still, he is careful. The macro backdrop in mid-2026 is fundamentally different from the zero-rate environment that fueled the 2020–2021 rally. Sovereign bond yields remain elevated, and risk appetite has been selective. That changes how much weight the historical pattern can carry.

The Missing Catalyst Accumulation zones without an immediate trigger can stretch into months of frustration. The last two times Bitcoin visited the power law support, the bounce was ignited by either a sharp dovish pivot from the Federal Reserve or a surge in spot ETF inflows. Neither is visible right now. Rate cuts are pencilled in for late 2026 at the earliest, and ETF flows have turned lukewarm after a strong first quarter.

Regulatory posturing adds another layer. A push by traditional banking interests to alter a landmark crypto bill just days before a Senate vote has created fresh uncertainty around market structure rules in the United States. The intensifying regulatory pressure from traditional banking interests makes it harder for institutional desks to commit fresh capital until the legislative path resolves. Market makers are in a holding pattern, reflected in shrinking order book depth on major exchanges.

Timmer’s phrasing is deliberate. He is not calling a top or a collapse. He is simply noting that the math says support, but the real world lacks a reason to wake up the bid. That gap between historical precedent and current macro conditions is where the story sits.

Broader Market Rotations While Bitcoin wrestles with its trendline, capital has not gone dormant. It has moved into corners of the market where momentum is easier to find. Tokenized real-world assets crossed $20 billion on-chain in recent weeks, driven by direct settlement experiments between major institutions. That institutional wave in digital assets shows that large players are still building infrastructure even when spot Bitcoin looks stuck. Meanwhile, altcoins with fresh institutional staking narratives have posted sharp rallies. Sui surged 18% in a single session after a Nasdaq-linked firm began staking large amounts, underscoring that demand for yield-bearing assets is far from exhausted.

These rotations are a double-edged signal. They confirm that institutional interest in crypto has not disappeared, but they also highlight that Bitcoin is currently losing its role as the first port of call for new money. When large traders pivot to altcoins and tokenized Treasuries, it often means they are seeking returns without the macro overhang that still clamps down on Bitcoin’s price discovery.

What Could Break the Stalemate A bounce off the power law line does not require a dramatic news event. It could begin as a low-volume squeeze that catches short sellers off guard, then gather momentum if ETF creation activity resumes. The catalyst Timmer mentions could be as mundane as a softer-than-expected inflation print that reopens the rate-cut conversation, or a sudden resolution of the Senate crypto bill dispute that clears the regulatory fog. Either would give macro traders a reason to reprice risk.

There is also a structural angle. Bitcoin mining economics have tightened, and several public miners have been selling into any strength to cover operating costs. If that selling pressure eases as older machinery is retired, the path back above the accumulation zone could look cleaner. Until then, the power law line serves as a well-telegraphed floor, but not a launchpad. The market knows where support sits. What it does not know is when demand will agree to show up.

AUTHOR

Max delves deep into the cryptocurrency realm, with a passion for altcoins and NFTs. Convinced of crypto's transformative potential, he envisions a decentralized financial future. Max's background in the financial sector grants him unique insights into global monetary systems. In his leisure, Max embraces the thrill of adventures and is an avid sports enthusiast, finding balance and rejuvenation away from work.

South Korea's Seoul Composite Index saw its intraday decline widen to 8%.

According to Bitget market data, South Korea's KOSPI extended its intraday decline to 8%. SK Hynix is currently down 13%, while Samsung Electronics has fallen 9%.

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SPCX has dropped nearly 5% from its first-day opening price, and a whale address that went all in on long positions has been liquidated, with less than $5 remaining after total losses.

According to Hyperinsight monitoring, SPCX opened at $150 on its first trading day, and has now fallen approximately 4.8% from that opening price, leaving just $7.8 between its current price and the $135 IPO price. On its first day, SPCX traded at an ~11.1% premium to its IPO price, and nearly half of that premium has now been erased. All whales holding long positions on the asset on Hyperliquid have moved into unrealized loss territory. Notably, an address starting with 0x8e0 that began going long on SPCX on the day it was added to the Nasdaq still holds a 20x leveraged long position worth roughly $1.985 million. The liquidation price of this position is approximately $137.98, just $4.82 away from the current price, making it the address on the platform closest to liquidation. As of press time, the position’s average entry price is $153.68, while SPCX is currently trading at around $142.80, resulting in an unrealized loss of ~$151,000 and a position return of -141.7%. Data shows this whale has been buying SPCX continuously since July 7, executing a total of 190 trades to open 13,903.45 long contracts, with execution prices ranging from $145.99 to $156.22, for a total trading volume of ~$2.137 million. No voluntary long liquidation records have been observed during this period. - HyperInsight Bot is now live. Add @HyperInsightBot to your TG group and set it as an admin (enable message sending permission) to automatically sync on-chain news.

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South Korea's KOSPI Index plummeted sharply, triggering a circuit breaker.

A South Korean trading platform triggered the KOSPI index circuit breaker, with the index plunging 8% and trading suspended for 20 minutes.

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Daiwa cuts Tencent's target price to HK$670, revises its AI capital expenditure and earnings forecasts.

Daiwa Securities released a research report projecting that Tencent Holdings will raise its AI capital expenditure expectations, which will pressure its mid-term earnings. Meanwhile, its gaming business growth has slowed amid a high base, though its market share growth momentum remains intact. The brokerage cut Tencent’s 2026 to 2028 earnings per share (EPS) forecasts by 1% to 6% to reflect these impacts. Daiwa sharply raised Tencent’s 2026 AI capital expenditure forecast from the original 108 billion yuan to around 181 billion yuan, to reflect the company’s stronger commitment to AI investment and improved chip supply. While higher depreciation will weigh on its near-term and mid-term earnings performance, this is also expected to drive faster expansion of its cloud business and monetization of AI demand, with such benefits anticipated to materialize as early as the second half of 2026. Daiwa maintained its "Buy" rating on Tencent, lowering its target price from HK$700 to HK$670.

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Robinhood Founder’s Mnemonic Phrase Leaks During a Live Stream; Hackers Exploit the Leak to Hype Meme Coin $1, and the Associated Address Was Subsequently Frozen.

Token Pocket Chief Business Officer Michael posted that the seed phrase of Robinhood’s founder was leaked during his live stream. Hackers gained control over the address, then used it and associated addresses to purchase large volumes of the meme coin $1, prompting thousands of investors to follow suit. This drove the token’s market cap from roughly $500,000 to $14 million in a short period. The $1 token’s price then plummeted, with its trading volume hitting around $20 million in just two hours. After the relevant address was frozen, hackers quickly moved to BNB Chain (BSC), issued new tokens using that address and its associated addresses, created trading hype through wash trading, and eventually dumped the tokens to cash out. Robinhood’s RPC has frozen the address, with nodes refusing to include transactions from it, making transfers and trading impossible.

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The Nikkei 225 index posted an intraday decline of over 2%, with Kioxia falling more than 10%.

According to Bitget market data, the Nikkei 225 index saw an intraday decline of 2.00%, while Kioxia fell more than 10%.

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Michael Saylor and Adam Back came out against the anti-spam soft fork days before an early-August activation deadline it appears certain to miss.

Posted July 12, 2026 at 9:33 pm EST.

Strategy founder Michael Saylor and Blockstream co-founder Adam Back have come out against BIP-110, a proposal to temporarily restrict non-financial data such as NFTs and similar data on the network, weeks before an activation deadline it is on track to miss entirely.

Saylor said in a Saturday post that there are “110 things more dangerous to Bitcoin than spam” and wrote that the measure “turns a spam dispute into a consensus change that would invalidate some currently valid, fee-paying transactions,” calling the precedent the real danger. “We should save our energy for threats that really matter,” he concluded.

Back, whose Hashcash work is cited in the Bitcoin white paper, said in his own post that “Bitcoin respectfully says ‘no’ to what you want,” telling the proposal’s backers their recourse is to group together and fork away, but that “bitcoin won’t be joining it.” He added, “the way you propose to achieve your ideas, hard-conflict with free cypherpunk permissionless money.”

The ‘Spam’ vs Censorship Resistance Debate Formally titled the Reduced Data Temporary Soft Fork, BIP-110 is an attempt to block the paths that Ordinals, inscriptions, and token schemes like BRC-20s use to put images and metadata onchain.

The way it would accomplish that is to tighten, for one year, the ways Bitcoin transactions can carry data, capping the OP_RETURN data field, blocking most arbitrary data chunks above 256 bytes, and limiting script formats used mainly for storage. Supporters say the limits keep Bitcoin focused on payments and ease the load on node operators.

The fight is the latest front in a long-running clash over what Bitcoin’s block space is for, the same tension behind the rift between the Bitcoin Core and Knots node software and Bitcoin Core’s move to expand OP_RETURN capacity in its version 30 release.

No Community Support What sets BIP-110 apart is how little support it has. It proposes to be adopted by a user-activated soft fork, in which nodes enforce a rule by rejecting blocks by miners that do not follow it. Rather than the typical 95% signaling threshold, it proposes a 55% bar.

Even at that lower threshold, miner signaling has been hovering around 1%, despite the fact that miners have been able to signal support for the soft fork since March, according to the BIP-110 signaling monitor. Node adoption still sits in the low single digits, carried mostly by Bitcoin Knots.

Developer Jameson Lopp has called the proposal “reckless” and “doomed to fail,” warning that the low threshold raises the odds of a chain split. With the deadline set for no later than block 963,648, which is expected to be reached in early August, a rule enforced by a nominal percentage of nodes and almost no miners would not change Bitcoin for everyone. It would splinter off a minority chain.

Related Listen: Why Saylor’s ‘Inoculate’ Comment May Be a Signal He’ll Sell More Bitcoin

AI-assisted content: This article was produced with the assistance of AI tools and was reviewed, edited, and fact-checked by a member of the Unchained editorial team before publication.

US-listed spot Bitcoin exchange-traded funds recorded a net inflow of $197.4 million in the week ended Friday, snapping an eight-week streak of weekly outflows dating back to May.

Data from Farside Investors shows that most of the week’s gains came from the BlackRock iShares Bitcoin Trust ETF, which recorded $291.9 million in inflows. This was offset by outflows from the Grayscale Bitcoin Trust ETF, the Fidelity Wise Origin Bitcoin Fund and the ARK 21 Shares Bitcoin ETF. 

The end of the outflow streak could suggest institutional demand for Bitcoin is recovering after two months of sustained selling pressure. However, analysts say it’s too early to tell.

“While one week of inflows doesn’t define a trend, it comes at a time when institutional confidence is growing around the potential passage of the CLARITY Act in the US in August next month,” Monochrome Asset Management founder and CEO Jeff Yew told Cointelegraph.

“This could be an early indication that institutions are beginning to position ahead of greater regulatory certainty, which is often what long-term capital allocators look for.”Meanwhile, 10x Research founder and CEO Markus Thielen said ETF and stablecoin outflows and seasonality in August and September remain headwinds.

“There's also been a pattern over the past few months where Bitcoin performs better in the first half of the month, then consolidates in the latter half. Without flows still pronounced and ETF flows yet to meaningfully pick up, even after Bitcoin's 9%+ jump, the headwinds remain in our view.”

The $197.4 million weekly inflow was modest compared with the $8.26 billion investors withdrew since May 11. 

Total spot Bitcoin ETF net inflow. Source: SoSoValue

Last week, Real Vision chief crypto analyst Jamie Coutts told Cointelegraph that Bitcoin could be entering the latter stages of the bear market, based on early technical signs suggesting that selling pressure is easing. 

“I think we're getting through most of the bear market action. It's still not over, clearly. But you know, I think we're approaching at least the second half,” Coutts said. 

Other analysts say there could be further downsides ahead. 

Russell Thompson, chief investment officer at asset manager Hilbert Capital told Cointelegraph last week that he believes Bitcoin remains in a downcycle and could hit a low around October this year. 

Ether ETFs also break outflow streakMeanwhile, US-listed spot Ether ETFs also broke their eight-week losing streak, with $84.42 million in net inflows for the week ended Friday, led by BlackRock and Fidelity’s Ether funds. 

The inflows paled in comparison with the $1.2 billion in net outflows since May 11. 

Magazine: Has Bitcoin bottomed for this cycle? Analysts say 'not yet'

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

Michael Saylor: Wallets, Nodes and Miners in Dynamic Balance Jointly Build the Bitcoin Network

Strategy founder Michael Saylor posted on X that Bitcoin is an evolving network system in which the influence of wallets is determined by the quantity of satoshis held, the importance of nodes is conferred by commercial activity, and miners are weighted by hash power, together building an ecosystem that maintains a dynamic balance between capital, consensus and security.

A Certain Address Bought CASHCAT with a Small Bet, Took Profits and Sold Out Entirely, Achieving a Return of 1211.4%

Another friend on Robinhood Chain who bet small to win big has taken profits. Address 0xae0…72b92 bought $1,190 worth of CASHCAT six days ago at a low price of $0.00664 and sold it all eight hours ago at $0.17585, ultimately pocketing a profit of $14,400 and an eye-popping return of 1211.4%.

CryptoQuant: Bitcoin Short-Term Holder Buying Pressure Still Dominant; ETF Inflows Return but Cannot Confirm Trend Reversal

CryptoQuant analyst Axel Adler stated in a post that his newly launched “Bitcoin STH Realized Pressure Model” shows that buying and selling pressure among short-term holders (STH) is cooling slightly, but buying power still holds the lead. The model measures changes in market bullish and bearish forces by comparing short-term holders’ realized buy pressure and sell pressure. During bear market phases, the metric can serve as a contrarian signal: when prices approach local lows, buyers are usually more active; near local highs, selling pressure tends to rise. Over the past 24 hours, the model has not yet flashed a trend-switch signal. The latest hourly data shows a buy pressure score of 28.57, slightly down from 28.98 the day before; the sell pressure score is 22.62, a small dip from 22.68. Currently, buyers still lead sellers by about 5.94 percentage points. Overall, market buying pressure has cooled somewhat, but short-term holders still maintain the upper hand. Meanwhile, Bitcoin ETF market flows have improved slightly. Against a backdrop of eight consecutive weeks of outflows, the ETF market recently recorded about $197.4 million in net inflows. However, Adler noted that this scale is insufficient to confirm a reversal in institutional demand trends. The ETF 30-day flow momentum remains deeply negative at approximately -$4.73 billion, and cumulative capital has dropped from a peak of around $62 billion to roughly $51 billion, indicating a short-term improvement in flows but not yet a full recovery of sustained institutional buying demand. Axel Adler expects a host of key data and events next week, including further developments in the Middle East, the impact of escalating US-Iran tensions on energy supplies, US mega-bank earnings, a speech by Fed Chair Powell, the June Consumer Price Index (CPI), University of Michigan Consumer Sentiment Index, retail sales, and housing market data.

CZ Donation Address Burns 700 Million CZ and 400 Million TCC

The CZ donation address burned 700 million CZ and 400 million TCC tokens. Both tokens have now seen varying degrees of price increases as a result of the burn.

Possibly Affected by CZ Donation Address Burn, TCC Spikes 103% and CZ Spikes 302% in the Short Term

The CZ donation address previously burned 70% of the CZ “chips” and 40% of the TCC “chips.” Possibly influenced by this, TCC spiked 103% and CZ spiked 302% in the short term.

Serenity: Amplifying Technical Details to Short Tech Giants Is Evolving into a New Traffic Strategy

“White-Haired Stock God” Serenity posted that a new type of “short-selling playbook” targeting trillion-dollar market cap tech companies like Nvidia and TSMC has recently emerged in the market: certain views deliberately magnify issues in specific technical or supply chain links, and then extrapolate to the conclusion that an entire project will be delayed or even that the business has hit a setback. Such operations often place companies in a dilemma: if the company chooses not to respond, the statements may negatively affect the stock price and market sentiment; if the company steps up to clarify, it is difficult to disclose too many details because supply chain information usually involves trade secrets, and external doubts may not necessarily disappear. Serenity further stated that under the current social media environment and traffic incentive mechanisms, this model of creating controversy and magnifying partial problems to capture attention is being replicated by more and more people, and its long-term development trend deserves market vigilance.

Data: Tokens Like DBR, ARB, YZY to See Large Unlocks Next Week, DBR Unlock Worth About $10.1 Million

Token Unlocks data shows that tokens such as DBR, ARB, and YZY will undergo large unlocks next week, among which: deBridge (DBR) will unlock approximately 618 million tokens on July 17 at 8:00 AM Beijing time, representing roughly 11.4% of circulating supply, worth about $10.1 million; Arbitrum (ARB) will unlock approximately 92.65 million tokens on July 16 at 9:00 PM Beijing time, roughly 1.65% of circulating supply, worth about $8.5 million; YZY (YZY) will unlock approximately 20.83 million tokens on July 17 at 11:00 AM Beijing time, roughly 4.1% of circulating supply, worth about $6.1 million; Starknet (STRK) will unlock approximately 127 million tokens on July 15 at 8:00 AM Beijing time, roughly 3.74% of circulating supply, worth about $3.9 million; Sei (SEI) will unlock approximately 55.56 million tokens on July 15 at 8:00 PM Beijing time, roughly 0.91% of circulating supply, worth about $2.8 million.

Analysis: Stablecoin Total Market Cap Has Shrunk by About $10 Billion from May Peak, but Long-Term Growth Trend Remains Intact

The stablecoin market experienced its largest pullback in recent years in June, with total market cap declining by $7.7 billion during the month, the biggest single-month drop since the Terra-Luna collapse in May 2022. Since the peak in May, the stablecoin market has cumulatively shrunk by approximately $10 billion, a total size decline of around 3%. The two largest stablecoin issuers were the main drivers of this pullback. USDT issued by Tether saw its market cap fall from roughly $190 billion in May to $184 billion, a decline of about $6 billion; USDC issued by Circle retreated from a high near $80 billion in March 2025 to approximately $73 billion, shrinking by roughly $7 billion. Compared with the cumulative decline of more than 26% in the stablecoin market during the crypto winter of 2022, however, this round of adjustment remains relatively mild. Data shows that from March 2022 to September 2023, the total market cap of major stablecoins dropped from about $166 billion to $122 billion, during which the TerraUSD crash, FTX bankruptcy and the failure of multiple crypto lending institutions severely hit market liquidity. Despite overall market pressure, the competitive landscape of the stablecoin industry is changing. As regulatory advances such as the US GENIUS Act push stablecoins toward payment and settlement use cases, more issuers are entering the fray. The circulation of USDG, issued by Paxos and supported by institutions such as Robinhood, has surpassed $3.2 billion, while the circulation of USDGO, launched by Anchorage Digital and Hong Kong’s OSL Group, has nearly doubled to $900 million. Wall Street institutions remain bullish on the long-term outlook for stablecoins. Citi previously estimated that the global stablecoin market could reach $1.9 trillion in a base-case scenario and $4 trillion in a bull-case scenario by 2030; Standard Chartered forecasts that the stablecoin market will grow to $2 trillion by 2028. Analysts note that stablecoin supply growth has historically been a key driver of crypto bull markets, and the current overall contraction in supply means less new liquidity on-chain. Without new demand for capital, the difficulty of sustaining upward momentum for crypto assets may increase.

Trump: The Strait of Hormuz Is Open

U.S. President Trump stated that the Strait of Hormuz is open.

Fidelity: Bitcoin enters long-term value observation zone, short-term reversal still requires liquidity return

Fidelity Global Macro Head Jurien Timmer stated that Bitcoin is approaching the bottom support line of its long-tracked "Power Law" model, which has been used since 2015 to analyze Bitcoin price cycles and has captured several major market bottoms. Jurien Timmer's Power Law model is built on Bitcoin's complete price history, divided into three curves on logarithmic coordinates: an upper resistance line, a middle trend line, and a lower support line. According to the latest chart, this long-term support level currently sits around $58,000, while Bitcoin's current price is about $62,700, gradually nearing that area. Another indicator in the model shows Bitcoin's current trading price deviates from the power law trend line by roughly -56%, entering what the model defines as the "Accumulation Zone." This level previously corresponded to market bottom areas in 2018 and 2022. Additionally, Bitcoin's 52-week performance ratio relative to gold has also pulled back sharply, now at around -100%. However, Jurien Timmer did not confirm that the market has bottomed. He noted that the speculative premium which pushed Bitcoin above $120,000 last year has largely faded, while global money supply growth is slowing. The market still lacks a key catalyst to drive a price reversal. Bitcoin may oscillate near the long-term support line for months rather than staging a quick rebound. Short-term capital has already exited, and capital flows have rotated from Bitcoin to gold, and then from gold to the semiconductor sector. Currently, the market's hot pursuit is mainly concentrated in semiconductors.

A whale deposits $107 million in assets on HyperLend, borrows $70.94 million and stakes HPL to reduce fees

A whale recently deposited approximately $107.21 million in assets into HyperLend and borrowed around $70.94 million against them. The address's current collateral includes about 1.56 million $kHYPE and has borrowed about 1.06 million $WHYPE, with a Health Factor of 1.31, at a leverage level that warrants attention. Additionally, the whale staked 12,305 $HPL tokens, expected to save roughly $68,000 in fees annually. Approximately $39,100 in fees have already been saved. Analysts believe this large-scale borrowing operation demonstrates that some funds are using on-chain lending protocols to improve capital efficiency while leveraging protocol incentive mechanisms to lower capital costs.

A Bitcoin whale dormant for seven years moves 2,931 BTC, worth about $188 million

A Bitcoin whale address that had been dormant for seven years has moved 2,931 BTC (worth $188 million) to a new address. If these bitcoins are sold, the address stands to gain an investment return of about 10x.

Thai banks require proof of source for individual cash deposits exceeding 5 million baht and strengthen stablecoin transaction monitoring

Thailand will require individuals to verify the source of funds when depositing more than 5 million baht (about $150,000) in cash. This intervention expands commercial banks' compliance responsibilities across cash networks, large currency exchanges, precious metal trading, and suspicious stablecoin transactions, directly preventing regulated entities from facilitating systemic corruption or the shadow economy. Additionally, Thailand's central bank and the Securities and Exchange Commission (SEC) are jointly conducting audits, with a focus on Tether (USDT), to identify and block illicit fund flows. The crackdown also includes strengthening controls over precious metal trading, requiring banks to report suspicious patterns, such as rapid digital purchases and same-day physical withdrawals, to combat money laundering.

SpaceXAI and Starlink official X accounts suspected hacked, retweeted a meme coin then Rug Pull, tweets now deleted

The official X accounts of SpaceXAI and Starlink retweeted a Robinhood Chain meme coin. The posting accounts were suspected compromised and marked as "associated with SpaceX." The token quickly surged to a $2 million market cap before an immediate Rug Pull. The relevant repost has now been deleted.

Hacker who breached SpaceXAI and Starlink official X accounts made a total of $135,000

A hacker issued a token named $SCATMAN and promoted it after compromising the official X accounts of SpaceXAI and Starlink. The hacker then dumped all 10 trillion $SCATMAN minted for 59 ETH (about $108,000). Another wallet controlled by the hacker also sold 59.28 million $SCATMAN for 14.7 ETH (about $27,000). The hacker made a total profit of roughly $135,000.

Empery Digital Inc. (NASDAQ: EMPD) has substantially trimmed its cryptocurrency reserves. The Nasdaq-listed firm recently offloaded approximately 1,400 BTC, generating gross proceeds of about $87.1 million. This transaction, executed since early May at an average sale price of roughly $62,200 per coin, represents nearly half of the company’s prior Bitcoin position.

Following the sales, Empery Digital’s holdings stand at 1,514 BTC as of July 10, valued at approximately $96.5 million amid prevailing market conditions.

The company also reports holding around $73.9 million in cash reserves while maintaining $45 million in outstanding debt obligations.

Management has outlined clear allocations for the freshly raised capital.

A portion—specifically $10 million—was directed toward retiring a segment of existing debt on July 7.

The balance supports several key initiatives, including a previously disclosed real estate transaction valued at $65 million.

This deal involves securing a 25% interest in an entity acquiring a Midwest property slated for transformation into a high-capacity AI data center, with potential expansion from 150 megawatts to 300 megawatts.

Additional funds will cover elevated legal expenditures linked to ongoing shareholder litigation and sustain day-to-day corporate activities.

This development signals a strategic pivot for Empery Digital, which rebranded and embraced a Bitcoin-centric treasury approach in 2025.

Originally focused on aggregating digital assets as a core holding, the firm is now broadening its scope to encompass AI infrastructure and energy-related ventures.

Executives have highlighted the data center opportunity as particularly compelling, citing features like tenant-supported development.

In tandem with these changes, the company is updating its public reporting tools, moving away from a Bitcoin-exclusive focus to better reflect its diversified interests.

The decision comes against a backdrop of broader trends in corporate crypto management.

Several prominent Bitcoin treasury operators have begun viewing their digital asset stockpiles as flexible liquidity tools rather than static long-term stores of value.

This approach allows firms to navigate debt commitments, pursue growth opportunities, and manage operational demands without solely relying on traditional financing.

Empery had previously signaled that selective Bitcoin dispositions might occur as part of its capital strategy, consistent with disclosures in earlier regulatory filings.

Market reaction to the announcement has been relatively measured, with the company’s shares showing modest gains in recent trading sessions.

This sale underscores the balancing act public companies face: leveraging Bitcoin’s volatility and upside potential while ensuring sufficient liquidity for obligations and expansion.

As Empery transitions toward hybrid operations in digital assets and AI infrastructure, observers will watch closely to see how this recalibration influences its performance and shareholder value.

The move also highlights ongoing challenges in the sector, such as legal pressures and the capital intensity of new tech infrastructure projects. While Bitcoin remains a material asset on the balance sheet, its role appears to be evolving from primary focus to strategic enabler.

Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.

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TLDR: Bitcoin ETFs attracted $197.4 million and ended an eight-week withdrawal streak, although the inflow recovered only a small part of earlier losses. BlackRock’s IBIT recorded $291.9 million in weekly inflows, while Grayscale, Fidelity and ARK funds experienced combined investor withdrawals. The category lost about $8.26 billion during the prior eight weeks, leaving analysts cautious about declaring a lasting institutional demand recovery. Weak trading volumes and the July 14 U.S. inflation report could determine whether the latest ETF inflows develop into a broader allocation shift. U.S.-listed Bitcoin ETFs attracted $197.4 million in weekly net inflows, ending eight straight weeks of withdrawals. The reversal arrived as Bitcoin recovered from recent lows, yet the latest total remains small compared to earlier losses.

Investors removed about $8.26 billion from the funds after May 11. BlackRock’s IBIT supplied most of the new capital, while several competing products recorded redemptions.

The shift offers the first positive weekly signal since early May. Still, muted trading activity and uneven daily flows leave institutional demand difficult to judge. Tuesday’s U.S. inflation report may decide whether the improvement gains momentum or fades quickly.

Bitcoin ETFs Gain $197M as BlackRock Leads Weekly Flows Farside Investors data shows Bitcoin ETFs opened the week with $265.7 million in net inflows. Demand then slowed to $21.5 million on Tuesday.

Source: SoSoValue Combined withdrawals reached about $180.2 million across Wednesday and Thursday. Friday’s $90.4 million inflow kept the weekly result positive.

BlackRock’s iShares Bitcoin Trust recorded $291.9 million in weekly inflows. That amount exceeded the category’s final net gain.

Grayscale’s GBTC lost roughly $108.2 million, while Fidelity’s FBTC shed about $93.4 million. ARK 21Shares’ ARKB also posted a weekly outflow near $15.3 million.

The concentration shows that demand did not improve across every product. Instead, investors favored selected funds while reducing exposure elsewhere.

Bitcoin ETFs recovered only about 2.4% of the $8.26 billion withdrawn during the previous eight weeks.

That gap limits claims of a broad institutional comeback. One positive week can mark an early shift, but sustained allocations would offer stronger evidence. Daily data also showed that buyers stepped back after Monday’s strong opening.

Ether funds displayed a similar pattern. U.S. spot Ether ETFs attracted $84.4 million and ended their own eight-week withdrawal streak.

Those products had lost around $1.2 billion over the prior period. The two categories recorded a combined weekly inflow of $281.8 million.

Low Trading Volumes Keep Institutional Recovery in Doubt Trading activity remained weak despite the return of capital. Weekly Bitcoin ETF volume reached about $84.1 billion, the lowest normal five-day total since October 2025.

Ether ETF turnover fell to $20.5 billion, its weakest reading since May 2025. Lower volume suggests many investors still prefer to wait for firmer market direction. Bitcoin ETFs also remain down roughly $5.34 billion during 2026.

Ether funds show about $1.35 billion in yearly net outflows. Bitcoin’s recent price rebound has not yet produced consistent ETF demand. The funds posted sizable midweek redemptions despite ending the week in positive territory.

That split supports the view that portfolio managers remain selective rather than fully risk-on. Bitcoin ETFs may need several positive weeks before the trend signals renewed institutional allocation.

Seasonal conditions may add pressure. August and September often bring weaker trading conditions, while recent Bitcoin gains have tended to fade later in the month.

The next major test arrives with the June U.S. Consumer Price Index on Tuesday, July 14. The Bureau of Labor Statistics will release the report at 8:30 a.m. Eastern Time.

A softer reading could support risk assets and extend ETF inflows. A hotter figure could revive rate concerns and encourage another round of redemptions.

US-listed Bitcoin exchange-traded funds (ETFs) attracted $197.4 million in net inflows for the week, breaking an eight-week stretch of continuous withdrawals. The inflow comes after Bitcoin rebounded from recent lows, but the amount represents only a small recovery compared to losses seen in previous weeks.

BlackRock dominates new inflows, while others see redemptionsBlackRock’s iShares Bitcoin Trust (IBIT) led the weekly inflow, drawing in $291.9 million. BlackRock is a global investment management corporation recognized as one of the world’s largest asset managers.

While IBIT gathered significant capital, rival funds experienced outflows. Grayscale’s GBTC lost approximately $108.2 million, Fidelity’s FBTC faced redemptions of about $93.4 million, and ARK 21Shares’ ARKB saw weekly outflows near $15.3 million.

This mixed performance demonstrates that investors favored particular products, focusing their allocations rather than returning broadly to the category.

Since May 11, investors had pulled around $8.26 billion from US Bitcoin ETFs. The latest $197.4 million inflow recoups just 2.4% of these earlier withdrawals, signaling only a tentative return of institutional interest.

Despite BlackRock’s momentum, the broader group “recovered only about 2.4% of the $8.26 billion withdrawn during the previous eight weeks.” The discrepancy led analysts to urge caution before declaring a solid institutional comeback.

Daily flows highlighted the fragile recovery. The week started strongly with $265.7 million in net inflows, then slowed sharply to $21.5 million the following day. Combined outflows of $180.2 million were recorded across Wednesday and Thursday, while Friday’s $90.4 million inflow helped secure a positive weekly total.

ETF ProductWeekly Net FlowBlackRock IBIT+$291.9 millionGrayscale GBTC– $108.2 millionFidelity FBTC– $93.4 millionARK 21Shares ARKB– $15.3 millionEther funds follow similar trendUS-listed spot Ether ETFs mirrored the reversal seen in Bitcoin funds, recording $84.4 million in weekly inflows. This ended their own eight-week outflow streak, though these products had lost roughly $1.2 billion over the earlier period. Combined, Bitcoin and Ether spot ETFs attracted $281.8 million in new capital throughout the week.

Mini dictionary: Spot ETF, an exchange-traded fund that invests directly in the underlying cryptocurrency instead of using futures contracts or derivatives.

Muted volumes and upcoming US inflation report keep outlook in questionWeekly trading volumes in Bitcoin ETFs reached $84.1 billion, marking the lowest normal five-day total since October 2025. For Ether ETFs, turnover dropped to $20.5 billion, the weakest level since May 2025. Analysts point to these muted activity levels as signs that many investors remain cautious and are waiting for clearer direction before allocating new capital.

Despite this week’s inflows, Bitcoin ETFs are down roughly $5.34 billion for the year, while Ether funds have seen net outflows of about $1.35 billion in 2026. The price rebound in Bitcoin has yet to spark consistent ETF demand, as sizable midweek redemptions offset gains early in the week. Analysts noted that many portfolio managers remain selective, rather than shifting broadly to risk assets.

“Bitcoin ETFs may need several consecutive weeks of positive flows before a genuine institutional allocation trend is established,” several analysts observed as activity cooled through the week.

Seasonal factors could also weigh on the outlook, as August and September typically bring weaker trading conditions, and Bitcoin’s recent rallies have often faded by the end of the month.

A key development comes on July 14, when the Bureau of Labor Statistics releases the June US Consumer Price Index (CPI) report. The result is expected to influence sentiment in both ETF flows and broader risk markets. Market participants are watching whether a softer inflation reading could boost risk-taking and prolong capital inflows, or if elevated inflation might drive renewed outflows from crypto ETFs.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

Evernorth, a digital asset treasury company managing multi-million-dollar reserves, has entered the Japanese market as part of its mission to advance the XRP ecosystem. The company’s expansion underlines the growing significance of institutional adoption in Asia for Ripple and its affiliated token, XRP.

Expansion into JapanEvernorth marked the launch of its Japanese operations by introducing a new, dedicated Japanese-language account on the X social media platform. The official @evernorth_jp account described Japan as an early supporter of XRP and expressed the intention to work collaboratively with the local community. The inaugural message referenced Japan’s longstanding faith in the cryptocurrency, stating: “Japan believed in XRP early on. Together, we will build from here.”

The company emphasized that all communications in the region would be analytical and focused on information-sharing. “In this account, we will analyze market movements from our unique perspective and deliver professional content in an easy-to-understand way,” Evernorth stated in its opening announcement, also clarifying that the platform will refrain from discussing token prices or making market predictions.

Japan’s role in the XRP landscapeJapan maintains a notable position within the global XRP community. While Ripple endured lengthy legal uncertainties with the U.S. Securities and Exchange Commission (SEC) regarding the classification of XRP, Japanese authorities provided early regulatory guidance, giving XRP a credible foundation and fostering innovation within blockchain-based finance.

A central figure in this development is SBI Holdings, a leading Japanese financial conglomerate. SBI Holdings partnered with Ripple to form SBI Ripple Asia, aiming to promote XRP as a mainstream solution for cross-border remittances. The company continues to support initiatives that enhance the practical use of XRP among institutional and retail players.

Mini dictionary: SBI Holdings, a major Japanese financial services group, has invested heavily in blockchain and digital asset technologies, including a strategic partnership with Ripple to facilitate faster cross-border payments using XRP.

Evernorth’s corporate structure and IPO plansEvernorth’s connections to Japan extend beyond market engagement. The company recently revealed plans to go public in the United States and list on the Nasdaq stock exchange under the ticker symbol XRPN. Evernorth intends to raise more than $1 billion through this offering, with the goal of establishing one of the world’s largest publicly managed XRP treasuries.

SBI Holdings has committed $200 million as a lead investor in Evernorth, joining Ripple and other key institutional backers. This anchor investment reflects the company’s continued support for XRP adoption at scale.

EntityRole / ContributionInvestment / ParticipationSBI HoldingsLead anchor investor$200 millionRippleInstitutional investorUndisclosedEvernorthIssuer, manages XRP treasuryTargets $1 billion+ IPOInstitutional ambitions in AsiaEvernorth’s decision to invest in localized operations reflects its ambition to build on established relationships with Japanese financial institutions. Megumi Nakamura, Evernorth’s chief operating officer, identified Japan as a vital testbed for expanding the use of XRP in institutional settings. By aligning its business with a market that already recognizes and utilizes the digital asset, Evernorth aims to drive practical adoption without the regulatory challenges seen elsewhere.

Japan has been recognized as a critical early adopter of XRP, providing the regulatory clarity and financial support necessary to advance blockchain-based payment solutions. As Evernorth deepens its integration in Japan, it seeks to create practical use cases for XRP outside the U.S. regulatory arena.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.

Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.

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CROWDFUNDINSIDER: US Spot Bitcoin and Ethereum ETFs Mark a Rebound with Significant Weekly Inflows

Robinhood Chain surge boosts ETH priceThe successful launch of the layer-2 network Robinhood Chain has boosted investor sentiment around Ethereum. The newly launched blockchain uses ETH as its native gas token and around $141 million in ETH has already been bridged to the chain.

More than half a million wallets holding ETH are now on the network, which surged past the Ethereum L1 and rival L2 Base over the past 24 hours, with DEX volumes of $877.56 million. The L2 is an offshoot of TradFi trading platform Robinhood, which offers tokenized stocks to customers in 120 countries, further strengthening the EVM-compatible ecosystem.

L2s have been seen by many pundits as bearish for Ethereum as they take activity away from the L1 without returning much in the way of transaction fees. However even some former ETH bears are now reassessing that thesis. Influencer Ansem wrote:

"lighter and robinhood L2s are sneakily best setup for an eth bull thesis in a very long time."Mike Dudas from 6th Man Ventures added that "robinhood chain is the single most bullish thing i've seen in eth-land in years."

DeFi LLamaRobinhood surges in 24 hour DEX volume (DeFi Llama)

Ethereum is also getting a boost from its 47% market share of Real World Assets, according to Rwa.xyz data. Leon Waidmann, head of Research at Lisk, noted the Total Value Locked (TVL) on Ethereum of $260 billion has surpassed the $210 billion market cap of Ether. Waidmann said this distortion signals that “ETH is underpriced,” as the current relative valuation is lower than in the 2022 bear market.

UK politicians mull permanent crypto donation ban in wake of Nigel Farage scandalMembers of the UK’s ruling Labour party are considering a total ban on digital asset donations in response to Nigel Farage's resignation from Parliament and the potential influence crypto billionaires had on his policies.

The Guardian reported Thursday that Labour MPs have proposed that a moratorium on crypto donations enacted in March be made permanent after it was revealed that the Reform leader personally accepted millions of British pounds in what he called “gifts” from industry figures.

Farage sensationally resigned from Parliament last week in an attempt to get ahead of an investigation into the donations by the UK's parliamentary standards commissioner.

“Let me be absolutely clear: I have done nothing wrong,” said Farage in an X livestream. “I have not broken the law in any way at all. I have not misused public money.”

The major parties are refusing to field candidates against him in the upcoming by-election, with his most formidable political opponent the comedy character Count Binface, who has received support from Reform's critics.

Nigel FarageUS Bitcoin reserve hits snag as federal agencies debate for control: BloombergThe Trump administration’s push to establish a US Strategic Bitcoin Reserve has reportedly hit a roadblock, as the Commerce and Treasury departments are at odds over how the reserve should be structured and which agency should have primary oversight of the holdings.

US President Donald Trump’s March 2025 executive order called for the SBR to be housed inside the Treasury Department, while other agencies would assist with asset seizures to build the reserve. 

However, concerns have emerged over whether the Treasury has the legal authority to manage the Bitcoin (BTC) holdings, partly because of its volatility, Bloomberg reported Monday, citing people familiar with the matter. 

The Commerce Department has emerged as a contender to oversee the reserve, the sources said. The Department of Justice is also reportedly working with the departments to determine legally available options, they added.

Wyden urges Senate leaders to keep dev protections in crypto billUS Democratic Senator Ron Wyden has urged Senate leaders to ensure that crypto developer protections stay in the crypto market structure legislation.

Wyden told Senate Minority Leader John Thune and Senate Majority Leader Charles Schumer in a letter to preserve a section of the CLARITY Act known as the Blockchain Regulatory Certainty Act (BRCA).

“Developers who make and release software that allows people to manage their own digital assets — and, critically, where the developer does not control user assets — should not be treated as money transmitters solely because they create or publish software,” Wyden wrote.

The letter comes after certain groups and lawmakers opposed the BRCA. A group of law enforcement organizations and a coalition of Catholic organizations last month argued it could create gaps in the oversight of illicit activity.

Senate leaders are pushing for the bill to be passed this month.

WydenTrump says he became ‘a big crypto guy’ partly for politicsUS President Donald Trump says he got involved in crypto “for politics” and became pro-crypto after seeing how much money the industry was making.

At a press conference in the Oval Office on Monday to announce “Trump Accounts,” an investment account for children under 18, Trump was asked whether the accounts would allow for Bitcoin (BTC).

“I’ve become a big crypto guy only for one reason: If we don’t have it, China’s going to have it,” Trump answered. “I’m a fan, I wasn’t initially, I didn’t know much about it, but, for some of my first term, I wasn’t much involved, and I watched it grow, and it's a huge industry.”

“I got involved in it a little bit for politics,” Trump added. “I realized there are a lot of people that love crypto.”

In his first term, Trump said he was “not a fan” of crypto and called Bitcoin “a scam.” Since then, he and his family have built deep business interests in crypto, and Trump has faced criticism for his pro-crypto stance and for making more money out of crypto in 2025 than any of the listed exchanges or miners.

Five senators have called for committee hearings to investigate Trump’s policies potentially being influenced by crypto funding from United Arab Emirates-linked and other entities.

TrumpWinners and LosersAt the end of the week, Bitcoin (BTC) is at $63,762, Ether (ETH) at $1800 and XRP (XRP) is at $1.08. The total market cap is at $2.2 trillion according to CoinMarketCap.

Among the biggest 100 cryptocurrencies, the top three altcoin winners of the week are DeXe (DEXE) with a 94% gain, Pyth Network (PYTH) at 19%%, and Arbitrum (ARB) at 15%.

The top three altcoin losers of the week are Bonk (BONK) which lost 19%, Jupiter (JUP) on -18% and Pi (PI) at -16%.

Top Prediction of the WeekBitcoin nearing late stages of bear market: Jamie Coutts, Real VisionBitcoin could be entering the latter stages of the bear market, with downside momentum beginning to slow down, according to Real Vision chief crypto analyst Jamie Coutts.

“I think we're getting through most of the bear market action. It's still not over, clearly. But you know, I think we're approaching at least the second half,” Coutts said during an interview on Cointelegraph’s Trade Secrets.

He noted that Bitcoin’s volatility has declined by about 50% compared with the previous market cycle, suggesting the current downturn may be less severe than previous bear markets.

Coutts added that he's not comfortable making predictions for a $1 million Bitcoin price in 2030 due to too many variables. However he said:

“I'm more comfortable with a forecast in the next sort of two to three years that Bitcoin should get to sort of $200,000 to 250,000."Top FUD of the WeekStrategy's Saylor needs clarity in BTC pivot message to convince investorsStandard Charter’s global head of digital assets research, Geoff Kendrick, believes recent Strategy sale of $216 million worth of Bitcoin to pay for STRC dividends — and Michael Saylor's manner of communicating decisions — “are muddying the waters for BTC near-term.”

“We think effective communication of MSTR’s new strategy (using BTC to back STRC) is key to reassuring markets that wholesale selling is unlikely; this should in turn support BTC prices,” Kendrick wrote in a note to clients on Friday. “Indeed, if this signalling proves effective, it should remove the need for MSTR to actually sell any BTC by supporting STRC’s price,” he said.

Kendrick said that Strategy’s long-held “never sell” approach had limited what the company could with its industry-biggest digital asset treasury.

“The problem with the ‘never sell’ approach is that it limits what MSTR’s BTC holdings can do — or, perhaps more importantly, what they are perceived to be doing,” the StanChart analyst said.

Kalshi appeals NY court's rejection of bid to block state gambling law enforcementKalshi is appealing a New York federal judge's rejection of its bid to block officials at the New York State Gaming Commission from enforcing local laws against its sports-related event contracts. 

The appeal escalates a growing legal fight over whether sports prediction markets are federally regulated derivatives or state-regulated gambling products. This question has already split courts across the United States.

Judge Analisa Torres rejected that argument and found that New York gambling laws, as applied to Kalshi’s sports-event contracts, were not preempted by the US Commodity Exchange Act. The court said Kalshi had not made a “clear or substantial showing” that it was likely to succeed on the merits.

“Major loss for Kalshi in the nation’s financial capital, with likely knock-on effects in other cases (esp. Connecticut and other SDNY lawsuits),” wrote lawyer Daniel Wallach.

Trader loses $1M after signing phishing token approvalA crypto user lost nearly $1 million on Wednesday after signing a phishing token approval on Ethereum, according to onchain data.

A Scam Sniffer alert on Thursday revealed a victim lost 999,999 USDt (USDT) to an Ethereum phishing token approval scam. Scammers first tried draining a rounded $1 million via multicalls but failed due to insufficient funds, then succeeded seconds later by pulling the exact balance in follow-up transfers.

“The script recalculated and pulled the exact remaining balance,” Scam Sniffer said.

Social engineering via phishing token approvals has become a common crypto scam tactic. Phishing losses totaled $723 million across 248 incidents in 2025, according to CertiK. Scammers trick a victim into giving a malicious actor access to their wallet, taking the form of an innocuous-seeming transaction. 

The victim falsely believes that clicking “approve” will only initiate a minor task, but malicious links give the attacker approval to drain funds from the wallet. 

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

Tom Lee Says ETH/BTC Breakout Signals Crypto’s Big Comeback

Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.

Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.

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Leading cryptocurrencies moved sideways, while stock futures slid on Sunday evening amid investor concerns over escalating U.S.-Iran tensions.

Crypto Market Takes A BreatherBitcoin fluctuated sharply between $63,000 and $64,000 as trading volume rose 18% over the past 24 hours. Ethereum spiked to $1,842 in the late evening before retracing sharply, while XRP and Dogecoin traded sideways.

Over $150 million was liquidated from the cryptocurrency market in the last 24 hours, with $86 million in bullish longs wiped out, according to Coinglass data.

Bitcoin’s open interest fell 0.54% over the last 24 hours, broadly aligning with the drop in spot price. The majority of retail and whale derivatives traders on Binance remained long on the leading cryptocurrency.

"Fear" sentiment prevailed in the market, according to the Crypto Fear & Greed Index.

Top Gainers (24 Hours) 

The global cryptocurrency market capitalization stood at $2.16 trillion, following a dip of 0.06% over the last 24 hours.

Stock Futures Slide On Iran TensionsStock futures traded in the red overnight on Sunday. The Dow Jones Industrial Average Futures fell 106 points, or 0.20%, as of 8:42 p.m. EDT.  Futures tied to the S&P 500 dipped 0.27%, while Nasdaq 100 Futures slid 0.51%.

Iran–U.S. military confrontations intensified during the weekend, raising renewed concerns about maritime security and global energy supplies.

The U.S. Central Command said that they launched more strikes against Iran on Sunday to degrade “their ability to attack civilian mariners and commercial ships” transiting the Strait of Hormuz.

Analyst Sees Bitcoin ‘Déjà Vu”Michaël van de Poppe, a widely followed cryptocurrency analyst and trader, predicts a strong Bitcoin bull run in the next cycle, warning that the previous “shallow” rally will cause many investors to sell “too early.”

“This cycle Bitcoin to $500,000+ is on the table,” the analyst made a bold projection.

Killa, another popular cryptocurrency commentator, said that at least 90% of the current bear phase is complete, noting a striking “déjà vu” between Bitcoin’s current consolidation near $64,000 and the $16,000–$22,000 bear market range in 2022-23.

Photo: KateStock / Shutterstock

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Robinhood Founder’s Mnemonic Phrase Leaks During a Live Stream; Hackers Exploit the Leak to Hype Meme Coin $1, and the Associated Address Was Subsequently Frozen.

Token Pocket Chief Business Officer Michael posted that the seed phrase of Robinhood’s founder was leaked during his live stream. Hackers gained control over the address, then used it and associated addresses to purchase large volumes of the meme coin $1, prompting thousands of investors to follow suit. This drove the token’s market cap from roughly $500,000 to $14 million in a short period. The $1 token’s price then plummeted, with its trading volume hitting around $20 million in just two hours. After the relevant address was frozen, hackers quickly moved to BNB Chain (BSC), issued new tokens using that address and its associated addresses, created trading hype through wash trading, and eventually dumped the tokens to cash out. Robinhood’s RPC has frozen the address, with nodes refusing to include transactions from it, making transfers and trading impossible.

12 minutes ago

The Nikkei 225 index posted an intraday decline of over 2%, with Kioxia falling more than 10%.

According to Bitget market data, the Nikkei 225 index saw an intraday decline of 2.00%, while Kioxia fell more than 10%.

12 minutes ago

Tom Lee: Ethereum to Kick Off 'Second Growth Curve' as Wall Street Institutions Expand Ecosystem Footprint

Fundstrat co-founder and Bitmine chairman Tom Lee said in a speech at WebX 2026 that Ethereum is at a critical juncture similar to the second-stage growth phase entered by Amazon, NVIDIA, and JPMorgan Chase. He believes Ethereum will follow a similar trajectory. Since its launch, ETH has gone through the ICO boom and the NFT boom, hitting an all-time high of $4,866. In 2025, driven by the approval of spot ETFs and the rapid popularization of stablecoins, it rebounded to $4,955 at one point. Now, the price has fallen to around $1,732, a phase Lee defines as "market capitulation at the bottom". Future growth of ETH 2.0 will rest on four pillars: a new Ethereum Foundation governance structure, Agentic AI, a settlement layer for the financial system, and ETH becoming a true "currency". Lee noted that Wall Street institutions are expanding their footprint in the Ethereum ecosystem, and these large firms' ongoing construction of Layer 2 networks signals that the entire traditional financial system is gradually migrating to the Ethereum ecosystem. Bitmine initially planned to hold 5% of the total global ETH supply over five years, but has now achieved 95% of that target in just 12 months. Currently, the company holds a total of 5.74 million ETH, accounting for approximately 4.8% of the total ETH supply, of which around 4.87 million ETH (about 85%) is staked.

12 minutes ago

Jefferies raises Moderna's price target from $53 to $60.

Jefferies raises its price target for Moderna (MRNA.O) from $53 to $60.

12 minutes ago

US stock after-hours trading: storage sector falls broadly, SanDisk drops more than 5%

According to market data from BIT (bit.com), the storage sector saw broad declines in U.S. after-hours trading, with individual stocks falling as follows: Seagate Technology (STX) dropped 3.99%, Western Digital (WDC) fell 4.39%, SanDisk (SNDK) slid 5.09%, and Micron Technology (MU) declined 4.96%. Note: U.S. after-hours trading runs from 20:00 ET to 4:00 ET the next day, Sunday through Thursday.

12 minutes ago

China's Supreme People's Procuratorate published an article titled "Systematically Resolving the Dilemmas in Criminal Law Regulation of Money Laundering Using Virtual Currency"

According to a report by Procuratorial Daily, researchers from the Yuhu District People's Procuratorate of Xiangtan City, Hunan Province, and the Faculty of Law of Xiangtan University have co-authored an article proposing a systematic solution to the regulatory dilemmas in criminal law for money laundering crimes involving virtual currencies. The article notes that current judicial practice faces three core challenges: behavioral characterization, evidence collection, and recovery of illicit funds and loss compensation. First, Article 191 of China’s Criminal Law, which defines the crime of money laundering, still limits predicate offenses to seven categories, leading to a large number of cases being charged only with the crime of concealing and disguising criminal proceeds. Second, tools such as mixers, privacy coins, and cross-chain transfers fragment the evidence chain, making it difficult for traditional investigation methods to trace the source. Third, conflicts in the legal status of virtual currencies, gaps in procedural rules, and cross-border cooperation barriers hinder the enforcement of illicit fund recovery. In response, the authors put forward targeted suggestions: For the behavioral characterization dilemma, shift from passive identification to active review at the judicial level, and activate the guiding function of procuratorial supervision and assessment standards at the supervisory level. For the evidence verification dilemma, establish adaptive authentication and review standards for electronic evidence, build a tiered standard of proof and reasonable presumption rules, and explore the authorization and standardized application of technical investigation measures. For the illicit fund recovery and loss compensation dilemma, establish a national-level cross-departmental collaborative disposal mechanism, and actively participate in and lead the construction of international rules and cooperation platforms.

12 minutes ago

Source: Binance EN

This is a general announcement. Products and services referred to here may not be available in your region. Terms and conditions apply. Fellow Binancians, Binance is pleased to launch a new Word of the Day (WOTD) game! The theme of this week’s WOTD is “BinanceTurns9”. Read selected articles to learn more about this topic and participate in this week’s WOTD to grab a share of the rewards. Activity Period: 2026-07-13 00:00 (UTC) to 2026-07-19 23:59 (UTC) Complete 3 Words to Unlock Your Share of 15 BNB WOTD is an educational word-guessing game, which allows users to increase their crypto vocabulary and stay on top of the latest market developments. How Does It Work: All eligible users may play up to two WOTD games per day to test their knowledge on the given topic.Users who achieve at least three correct answers during the Activity Period will be eligible to share a 12 BNB reward pool, distributed based on each user’s proportion of correct answers (User’s correct answers / Total correct answers of all eligible users), with a maximum reward cap of 0.01 BNB per user.In addition, users who achieve at least three correct answers and participate in the WOTD game on five or more separate days during the Activity Period will be eligible to equally share an additional 3 BNB reward pool, which will be distributed equally among all eligible users who satisfy these requirements.All rewards will be distributed by 2026-08-09 23:59 (UTC) directly to the user’s Rewards Hub.Eligible users should claim their vouchers before the expiration date. No replacement reward will be provided. Learn how to redeem a Binance voucher. How to Enable the Second WOTD Game: After the first game, click the "Get A New WOTD" button.Share the featured link on social media.Unlock the second WOTD game once the shared link is clicked by a logged in user. New User Welcome Bonus: In addition, all new users who register for a Binance account using the “WOTD” referral code or via this referral link during the Activity Period, will each receive 10% off their Spot trading fees. Users may also qualify for additional welcome rewards by completing tasks available at the Rewards Hub within 14 days after registration. Play WOTD Now to Earn Rewards! Related Readings for This Week’s WOTD: Celebrate Binance’s Ninth Anniversary With Over $4.5M Worth of Rewards Terms & Conditions: Binance reserves the right to modify or cancel the Promotion at any time without prior notice.Binance reserves the right to update the list of eligible countries/regions for the Promotion at any time. Users who were previously able to participate may no longer be eligible to join or receive rewards under the updated terms.These terms and conditions (“Activity Terms”) govern users’ participation in this WOTD activity (“Activity”). By participating in this Activity, users agree to these Activity Terms, and the following additional terms: (a) Binance Terms and Conditions for Prize Promotions; (b) Binance Terms of Use; and (c) Binance Privacy Policy; all of which are incorporated by reference into these terms and conditions. In case of any inconsistency or conflict between these Activity Terms, and any other incorporated terms, the provisions of these Activity Terms shall prevail, followed by the following in this order of precedence, and to the extent of such conflict: (a) Binance Terms and Conditions for Prize Promotions; (b) Binance Terms of Use; and (c) Binance Privacy Policy.The WOTD game may not be available in certain countries/regions. Only users from eligible countries/regions who complete account verification shall be able to participate and receive rewards.For the new user welcome bonus: The 10% Spot trading fee discount will remain valid as long as the Binance referral program is in place. Users may qualify for welcome rewards by completing tasks available at the Rewards Hub within 14 days after registration.Binance reserves the right to disqualify a user’s reward eligibility if the account is involved in any dishonest behavior (e.g., wash trading, illegal bulk account registrations, self dealing, or market manipulation).Binance reserves the right to disqualify any participant found to be engaging in fraudulent activities or violating the platform’s terms of use.Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these Activity Terms without prior notice, including but not limited to canceling, extending, terminating or suspending this Activity, its eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all users shall be bound by these amendments.There may be discrepancies between this original content in English and any translated versions. 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Developers recently revealed that a four-year-long vulnerability in Orchard may have enabled unlimited counterfeit Zcash [ZEC] until an emergency patch was issued. However, fresh market data has raised further questions regarding events before the discovery.

Allium Labs, after reviewing trade history, identified unusual trading activity. On the 26th of May, ZEC’s trading volume surged 12–13 times above its average. Researchers privately uncovered the defect three days later, on the 29th of May.

Source: Allium Research While researchers were identifying the defect, ZEC declined from approximately $660 down to $530, indicating increasing selling pressure. The developers disabled Orchard on the 2nd of June and issued a patch on the 3rd of June, yet confidence continued fading.

By the 5th of June, ZEC had fallen by 64 percent from $685 to $247 with hourly trading at $560 million.

Early positioning fuels market suspicion The uncertainty in the aftermath of this issue also led to further review of which parties were actively trading in the market ahead of the issue becoming apparent. Allium found that traders opened the most profitable positions on the 25th and 26th of May.

This occurred days before the private discovery of the Orchard flaw. More importantly, traders opened these large positions before researchers privately disclosed the flaw on the 29th of May. Notably, the largest wallet had a short position worth $34.5 million and, as a result, made approximately $998,000 in profits.

Source: Allium Research A second short position worth $17.7 million accrued profits of approximately $724,000. These high profits raised questions about whether traders anticipated the sell‑off. 

However, the data does not provide sufficient evidence to prove such claims. In futures markets, all shorts are offset by an equal number of longs. Therefore, simply showing profitable positions is insufficient to establish that those positions existed due to prior knowledge.

That balance became evident when the largest $91.5 million long position ultimately lost $6.97 million. Meanwhile, Zcash’s privacy model prevents anyone from verifying whether the flaw was ever exploited. This left markets to price on probabilities instead of certainty and kept confidence fragile despite the completed patch.

Final Summary Allium Labs flagged unusual ZEC trading before the Orchard flaw discovery, fueling suspicion of informed positioning. Profitable shorts raised questions, but lack of evidence and Zcash privacy kept confidence fragile.

PANews reported on July 13, according to SoSoValue data, crypto market sectors showed mixed performance, with the NFT sector up 4.50% in 24 hours, led by Audiera (BEAT) gaining 15.29%; the AI sector rose 0.84%, with Billions Network (BILL) up 24.00%.

Other notable sectors included: CeFi sector up 0.19%, Cronos (CRO) up 0.48%; Layer1 sector up 0.03%, Zcash (ZEC) up 4.02%; DeFi sector up 0.42%, with DeXe (DEXE) surging 26.88%.

In other sectors, the PayFi sector fell 0.59%, but eCash (XEC) rose 10.64%; the Meme sector fell 0.61%, with Pump.fun (PUMP) bucking the trend with a 6.57% gain; the Layer2 sector fell 0.94%, Stacks (STX) dropped 4.54%; the SocialFi sector fell 1.98%, Chiliz (CHZ) down 2.91%.

Crypto sector indices reflecting historical sector performance showed that the ssiAI, ssiCeFi, and ssiLayer1 indices rose 1.52%, 0.57%, and 0.54%, respectively.

Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.

Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.

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Japanese Prime Minister: To strengthen support for startups and continuously advance the development of Japan's Web3 innovation ecosystem.

Japanese Prime Minister Sanae Takaichi reaffirmed during her pre-recorded opening address at WebX 2026 that the Japanese government will step up support for startups. She noted that with the synergy between the Web3 conference and government support policies, Japan’s innovation ecosystem is poised for further growth. Takaichi first touched on WebX’s positioning, stating that as one of Asia’s largest conferences focused on Web3 social applications and built on blockchain technology, WebX draws around 15,000 global attendees, making it highly significant. “This conference attracts numerous startups and hosts matchmaking events with various investment institutions,” she said. “For Web3 practitioners, it serves as an important platform for equal exchanges on the future of society and industry, mutual knowledge enhancement, and fostering further business collaborations—holding great importance.” Successive Japanese cabinets have consistently advanced Web3 strategies. Since the Kishida administration formulated the “Five-Year Startup Development Plan,” both the Ishiba administration and the current Takaichi administration have leveraged the WebX platform to directly convey policy signals to the industry. This demonstrates that Japan’s policy direction for promoting Web3 development has remained unchanged despite cabinet reshuffles, maintaining strong policy continuity.

9 minutes ago

Bitcoin falls below $63,000

According to HTX market data, Bitcoin has fallen below $63,000, currently trading at $62,979, with a 1.62% decline in the past 24 hours.

9 minutes ago

WTI crude oil futures' intraday gain widened to 4%.

According to Bitget's market data, WTI crude oil futures extended their intraday rally to 4%, while Brent crude futures rose nearly 4% following the earlier escalation of US-Iran tensions.

9 minutes ago

Renewed U.S.-Iran tensions boost rate hike expectations, with 2-year U.S. Treasury yields hitting their highest level in over a year.

As renewed tensions in Iran push up oil prices and spark market speculation that the Federal Reserve may need to raise interest rates to curb inflation, the yield on the 2-year U.S. Treasury note has climbed to its highest level since early 2025. The rate-sensitive 2-year Treasury yield rose as much as 3 basis points to 4.24%, hitting a new high since February 2025; the benchmark 10-year Treasury yield also gained 3 basis points to 4.59%. Swap market data shows the market has now almost fully priced in the expectation of a Federal Reserve rate hike in September, compared with a roughly 66% probability a week ago. “The market is currently very sensitive to news related to Iran,” said Kenneth Crompton, head of rates strategy at the National Australia Bank. “The market did not expect tensions to repeat the situation seen in March, but given the ongoing attacks over the weekend and strikes on Russian oil refining facilities, a sense of caution is creeping back into market sentiment.”

9 minutes ago

In the past four hours, SK Hynix has ranked first in liquidations across the entire network, with three whales facing consecutive liquidations totaling $14 million in long positions.

According to Hyperinsight’s monitoring, SK Hynix’s price plummeted rapidly, triggering a cascade of long position liquidations. Over the past 4 hours, total liquidations of SK Hynix’s US stocks and spot contracts reached around $24.79 million, surpassing BTC and ETH to rank first across the network; among these, SKHX also recorded the largest single liquidation amount on the network in the same period. This round of liquidations was mainly concentrated among 3 whale long positions. Over the past ~2 hours, 3 addresses triggered 10 forced liquidations in succession, totaling ~$13.95 million in long positions liquidated, with losses of around $1.59 million. The liquidation price dropped from approximately $1,391 to $1,309, a range decline of nearly 6%. As of press time, one of the three whale addresses (starting with 0x4b2) has not been fully liquidated yet, currently holding ~687 SKHX long positions with a nominal value of ~$900,000, a position return of roughly -119%, and a liquidation price of $1,292, which is less than $20 away from the current price, remaining in a high-risk liquidation zone. - HyperInsight Bot is now live. Add @HyperInsightBot to your TG group and set it as an admin (message sending permission must be enabled) to automatically sync on-chain information.

9 minutes ago

Fed Mouthpiece: Warsh Faces First Major Decision on Reversing Last Year’s Fed Rate Cuts

Fed Whisperer Nick Timiraos noted that last month, Walsh, in his first meeting as Federal Reserve Chair, presided over a unanimous decision to keep interest rates unchanged. Reaching that consensus was straightforward at the time, as there was little willingness for action within the committee. However, maintaining this consensus in the weeks ahead will grow far more difficult. Some of Walsh’s colleagues have seen their concerns about inflation intensify, and they may push to discuss interest rate hikes when the Federal Reserve holds its meeting on July 28-29. This week, during his congressional testimony, Walsh will have the opportunity to steer the formation of this consensus, armed with the latest June inflation data—the final major data release before the meeting.

9 minutes ago