📊 Glassnode: #BTC jumped from $105K to $108K today - likely fuelled by a wave of short liquidations. Over just 4 hours, total short liquidations spiked from $105K to $359K (24H SMA). Last week’s negative funding rates had pointed to rising short appetite, and today, those bets got squeezed.

📊 Santiment: Traders are seeing the second largest surge in #FOMO in the last 2 weeks.
Historically, markets move in the opposite direction to retailers' expectations.

🇵🇾❌ President of Paraguay: #BTC will become legal tender

UPD: The Paraguayan government has confirmed the hacking of the president's Twitter account.

🏴‍☠️🇵🇾 The Paraguayan President's Twitter is probably hacked.

📈 #BTC Sentora: ~$250 million worth of BTC was deposited into exchanges yesterday, the first day of significant net inflows since May 27.

🗽👀 #INJ #ETF Canary also registered the Canary Staked INJ ETF in Delaware

📊👀 In the past 7 days, stablecoins (#USDT&#USDC) on Tron increased by $1.04B, and stablecoins (USDT&USDC) on Solana decreased by $99M.

📈 The total value of stablecoins in circulation has climbed past $250B, more than doubling from a ~$123B low in mid-2023.

#USDT remains dominant at 62%, followed by #USDC at 24%, while a growing tail of stables like #USDe, #DAI, and #BUIDL gains ground.

#stablecoin supply acts as crypto’s monetary base, and its steady growth signals increasing liquidity, investor confidence, and readiness for deployment.

🇺🇸🕹 SEC Chairman Paul Atkins:
- I favor providing greater flexibility for market participants to self-store cryptoassets, especially where intermediation imposes unnecessary transaction costs or limits the ability to engage in steering and other online activities;
- SEC is working on policies to exempt DEFI platforms from regulatory barriers;
- DeFi software developers should not be held responsible for how their tools are used;
- SEC needs to change rules to provide incentives to issuers in blockchain systems.

🇺🇸🇨🇳 Bessent and Lutnick said the US-China talks were fruitful. The meeting of representatives will continue tomorrow. #tradewars

🏴‍☠️ 2025 could be the most dangerous year for crypto holders. Over 25 documented physical attacks on crypto owners this year, and the year hasn't even ended yet.

🌐🚀 #VERSE Verse World released the VERSE token a couple hours ago, which has already exceeded a $1 billion market cap.

💸 Over $202 million in shorts were liquidated in the last 4 hours.

💰 Top Fundraising Rounds conducted in the last 7 Days

Projects that received the most funding include Turnkey ($30M), a scalable key management infrastructure; IOST ($14M), an L1 with EVM-compatible subnets; Rails ($14M), perpetuals with on-chain custody.

🇺🇸⛏ #BTC SEC Chairman Atkins said Bitcoin self-securities and proof-of-work mining do not violate securities laws.

📈 #Aave's TVL is at all-time highs of ~$40 billion. For reference, Revolut's customers hold ~$38 billion of deposits on the fintech platform.

🇺🇸🤔 Musk deleted a post that said Trump's tariffs would cause a recession in the second half of this year.

📈 #BTC #ETH #ETF Yesterday, total net inflows of spot BTC-ETFs totaled $386.2 million.

Total net inflows of spot ETH-ETFs amounted to $52.7 mln.

📊 Santiment: recent discussions about cryptocurrencies have shown a growing interest in AI. In addition, the accumulation to James Wynn and Strategy has been a particular focus that has impacted markets. #SOL, #LOUD and various memcoins have shown significant spikes in social volume.

💸 #BTC Over the past 24 hours, contracts worth ~$443.34 million have been liquidated, of which longs have liquidated ~$56.25 million and shorts ~$387.09 million.