📉🤔 #BTC CQ: A $1B drop in open interest indicates a large-scale position unwind and reduced leverage. The negative net taker volume (purple bar) reflects seller dominance and a pullback from the local $110K peak. If the bearish momentum persists, BTC could test support around $106K.
📈 #ETH The amount of staked Ethereum has reached a new all-time high of 34.65 million ETH, accounting for nearly 30% of the current circulating supply.
🇺🇸📊 US Bitcoin demand surges as Coinbase Premium hits 4-month high and 550K #BTC exits exchanges.
🇺🇸🇨🇳 U.S. Commerce Secretary Howard Lutnick: trade talks with China are going well and will continue throughout the day.
🗣Coinbase: 60% of Fortune 500 companies are working on blockchain projects.
📊📉 CQ: #BTC network activity has dropped sharply. Our Network Activity Index hit 3.47k, one of the lowest levels in the past 1.5 years.
But data suggests this kind of silence often precedes the storm.
But data suggests this kind of silence often precedes the storm.
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🇺🇸🗣 #BTC White House Director Bo Hines: We want as much Bitcoin as we can possibly get.
📊 #BTC The most important support level for Bitcoin is between $106,090 and $102,770.
🤝 #UMA xAI partnered with Polymarket to combine market forecasts with X and Grok data.
📊📉 #BTC CQ: There is a significant concentration of long position liquidations around the $105K level, creating a potential "magnet effect" for bears.
📈 #AVAX The number of daily transactions on the Avalanche blockchain has increased by over 275% since early May with a current daily average of 759k transactions.
💰 London tech firm The Smarter Web Company buys 45.32 #BTC (£3.5M), expanding treasury holdings to 168.08 BTC.
🎢 #BTC CQ: Futures trading frequency among small investors just spiked above its 1-year average. The Retail Activity Surge metrics signals 'Too Many Retail' on the futures exchanges.