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๐ #TRX SRM Entertainment has announced the placement of 365,096,845 TRX it owns on the JustLend platform.
๐บ๐ธ๐ฅณ #APT Aptos Labs announced that its co-founder and CEO Avery Ching has been appointed by the US CFTC as a member of its Digital Asset Markets Subcommittee
๐ฅณ #HUMA Huma Finance announced the launch of the HUMA token pledge incentive program.
๐ฉ๐ช๐ฆ #BTC The German Association of Savings Banks (DSGV) intends to provide cryptocurrency trading services to its individual customers.
๐บ๐ธ๐ Scott Bessent:
- We'll be working on Powell's successor in the coming weeks and months;
- We don't see inflation rising due to duties;
- There will be a flurry of trade deals in the last week before the July 9 deadline;
- Stablecoin legislation could be passed by mid-July;
- Stablecoins will be a source of demand for US Treasuries.
- We'll be working on Powell's successor in the coming weeks and months;
- We don't see inflation rising due to duties;
- There will be a flurry of trade deals in the last week before the July 9 deadline;
- Stablecoin legislation could be passed by mid-July;
- Stablecoins will be a source of demand for US Treasuries.
โ๏ธ๐ #BTC The complexity of BTC mining was reduced by 7.48% to 116.96 T yesterday
๐บ๐ธ๐ #macro Fed Chairman Bostic: I continue to expect one interest rate cut this year and three interest rate cuts are expected next year.
๐ฅณ #ZRO Advent acquired a stake in LayerZero for $1 billion.
๐ฟ #SOL CEO REX: REX-Osprey SOL+Staking ETF will begin trading on Wednesday
๐โ
#BNB Smart Chain (BSC) launched a Maxwell upgrade on the core network reducing block time from 1.5 seconds to 0.75 seconds.
๐นCrypto Trading Reports๐น
๐ฅณ #ZRO Advent acquired a stake in LayerZero for $1 billion.
๐ #ZRO Advent International acquires a majority stake in LayerZero Power Systems, which makes power infrastructure equipment for data centers, not the LayerZero crypto project
๐ค Sentora: Even though the GENIUS Act is expected to create a more supportive regulatory environment for asset-backed stablecoins such as #USDC, the tokenโs share of the stablecoin market has remained nearly unchanged in recent weeks and still hovers around 25%. #stablecoin
๐ Lookonchain Weekly Recap (June 23โ29):
โ On-Chain Highlights
Market volatility stayed low, with spot and perpetual trading volumes down sharply. #SEI rallied over +50%, and Sei Network TVL jumped +44.6% to over $610M.
โ Stablecoin Flows
Stablecoin market cap grew by $1.95B last week.
โข Tron: +$1.56B (#USDT & #USDC)
โข Ethereum: +$727M (USDT & USDC)
โ DEX Volumes
Spot: $85.91B, down -12.2% WoW
โข PancakeSwap: $38.32B (-2.43%)
โข Uniswap: $15.93B (-27.23%)
โข Raydium: $4.05B (+1.81%)
โ Perps: $73.58B, down -28.8% WoW
โข Hyperliquid: $45.62B (-26.22%)
โข Jupiter: $3.33B (-27.58%)
โข ApeX: $2.78B (-13.57%)
โ Corporate BTC Buying
20 listed firms added 14,183 BTC ($1.53B). Top buyers:
โข Strategy: 4,980 BTC ($532M)
โข ProCap BTC: 4,932 BTC (~$515M)
โ On-Chain Highlights
Market volatility stayed low, with spot and perpetual trading volumes down sharply. #SEI rallied over +50%, and Sei Network TVL jumped +44.6% to over $610M.
โ Stablecoin Flows
Stablecoin market cap grew by $1.95B last week.
โข Tron: +$1.56B (#USDT & #USDC)
โข Ethereum: +$727M (USDT & USDC)
โ DEX Volumes
Spot: $85.91B, down -12.2% WoW
โข PancakeSwap: $38.32B (-2.43%)
โข Uniswap: $15.93B (-27.23%)
โข Raydium: $4.05B (+1.81%)
โ Perps: $73.58B, down -28.8% WoW
โข Hyperliquid: $45.62B (-26.22%)
โข Jupiter: $3.33B (-27.58%)
โข ApeX: $2.78B (-13.57%)
โ Corporate BTC Buying
20 listed firms added 14,183 BTC ($1.53B). Top buyers:
โข Strategy: 4,980 BTC ($532M)
โข ProCap BTC: 4,932 BTC (~$515M)
๐ข #BTC Ecoinometrics: Last week was good for Bitcoin, but equities crushed it.
A ceasefire in the Iran-Israel conflict lit a fire under risk assets. Equities surged, while gold and crude oil slumped.
A ceasefire in the Iran-Israel conflict lit a fire under risk assets. Equities surged, while gold and crude oil slumped.