🇺🇸👀 #macro US (June):
- S&P Composite PMI: 52.9 (pre: 53);
- S&P Services PMI: 52.9 (pre: 53.7);
- ISM Services PMI: 50.8 (pre: 49.9)
- S&P Composite PMI: 52.9 (pre: 53);
- S&P Services PMI: 52.9 (pre: 53.7);
- ISM Services PMI: 50.8 (pre: 49.9)
🤑 99% of #BTC holders are currently in profit as the asset inches closer to its previous all-time high.
🐳 #ETH whales continue to stake heavily: 36M ETH now staked (+3% in June) and 200K+ ETH flowing off exchanges weekly — but daily active addresses are still flat at ~300K–400K. Price momentum needs fresh user growth.
🇺🇸🕹 Senator Lummis introduced a new cryptocurrency tax bill with nearly identical provisions to those she attempted to include in a larger tax bill earlier in the week.
Among other changes, key provisions of the bill include eliminating the double taxation of miners and stakers, as well as establishing a $300 transaction threshold at which no tax is imposed.
Among other changes, key provisions of the bill include eliminating the double taxation of miners and stakers, as well as establishing a $300 transaction threshold at which no tax is imposed.
🕵💵 #USDC Circle has minted 250 million USDC. Circle has minted 2 billion USDC on Solana in the last month
🇺🇸👀 #macro Bostic from the Fed: The US economy could experience a longer period of high inflation (a year or two). Labor market conditions remain broadly healthy" and have yet to show signs of deterioration that might warrant a preemptive interest rate cut.
📊 #BTC CQ: Net Bitcoin demand is falling. ETFs bought 377K BTC and MSTR bought 371K, but Apparent demand is down 857K. Bitcoin needs rising demand to break all-time highs.
💰 #RWA Ondo and Pantera Capital set aside $250 million for tokenization of real-world assets.
📊👀 #ETH gained more than 5% today but is bumping up against a key resistance zone.
The silver lining: on-chain sell pressure thins out above $2,770, creating room for ETH to push back above $3,000.
The silver lining: on-chain sell pressure thins out above $2,770, creating room for ETH to push back above $3,000.
🇬🇧👏 #BTC Gold miner Hamak Gold Limited will conduct additional share issue, part of funds raised will be used to buy Bitcoin on balance sheet. source
🗽👀 #BTC Bo Hines:
- The US government plans to partner with mining companies and use government energy to mine BTC;
- Looking for new ways to accumulate BTC;
- Digital asset industry could grow to $15-20 trillion.
- The US government plans to partner with mining companies and use government energy to mine BTC;
- Looking for new ways to accumulate BTC;
- Digital asset industry could grow to $15-20 trillion.
📊 #BTC and gold have held the top spot for 12-month returns for two years straight and they’re still far ahead of the major equity indices.
That kind of performance isn’t unusual for Bitcoin. But for gold, it’s a rare signal of sustained demand for hard assets.
That kind of performance isn’t unusual for Bitcoin. But for gold, it’s a rare signal of sustained demand for hard assets.
🇺🇸✅ The House of Representatives passed Trump's budget bill.
🌪👨⚖ #TORN The founder and developer of Tornado Cash will go on trial on July 14. cointelegraph
🇺🇸🍿 The US House of Representatives has announced "Crypto Week" for July 14-18.
The week will be set aside to consider a bill on stablecoins, a larger bill on cryptocurrency market structure, and a bill on central bank digital currencies (#CBDC). #regulation
The week will be set aside to consider a bill on stablecoins, a larger bill on cryptocurrency market structure, and a bill on central bank digital currencies (#CBDC). #regulation