🇧🇹⛏️ Bhutan has quietly mined 12,000 #BTC worth $1.3B since 2020, now holding nearly 40% of its GDP in Bitcoin, making it the world’s 3rd-largest state holder.
💸📈 #ETH Ethereum fees increased by over 130% this week, driven by institutional DeFi demand and higher smart-contract usage.
🔎 #SUI Ecosystem
The Sui ecosystem is showing strong market momentum, reaching new all-time highs in TVL and DEX trading volume. Explore Sui’s DeFi-focused ecosystem and the opportunities it offers.
The Sui ecosystem is showing strong market momentum, reaching new all-time highs in TVL and DEX trading volume. Explore Sui’s DeFi-focused ecosystem and the opportunities it offers.
📈 #BTC flips Google to become the 6th largest asset by market cap. Next stop, Amazon.
📊👀 #BTC long-term holders are stacking 800K BTC per month, the highest accumulation rate in history.
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🗣 #ETH co-founder Joseph Lubin says Ethereum is "rewiring global finance" and could lay the foundation for worldwide dollarization through stablecoins.
📊 Glassnode: #BTC's Futures volume stayed elevated during the recent push, contrasting with the spot market. This suggests that recent moves were driven more by leveraged speculation than by organic demand.
🇺🇸👀 #macro US. PCE Price index (May):
- m/m: 0.2% (prog 0.1%; pre 0.1%)
- y/y: 2.3% (prog 2.3%, preliminary 2.2%)
Core PCE (y/y): 2.7% (PY 2.6%, PY 2.5%)
- m/m: 0.2% (prog 0.1%; pre 0.1%)
- y/y: 2.3% (prog 2.3%, preliminary 2.2%)
Core PCE (y/y): 2.7% (PY 2.6%, PY 2.5%)
📈 #ETH Daily active ERC20 addresses have seen a HUGE spike in recent days.
🇺🇸#macro U.S. (June/prev):
- Michigan Consumer Sentiment: 60.7 (pre: 52.2);
- 1-year consumer inflation expectations: 5% (pre: 6.6%);
- 5-Year Consumer Inflation Expectations:4% (pre: 4.2%)
- Michigan Consumer Sentiment: 60.7 (pre: 52.2);
- 1-year consumer inflation expectations: 5% (pre: 6.6%);
- 5-Year Consumer Inflation Expectations:4% (pre: 4.2%)
Forwarded from Bitcoin ™️ | BTC | News
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🇺🇸🗣 #tradewars Trump's speech:
- 4–5 trade deals already secured, more negotiations underway;
- China policy will continue to evolve;
- India must drop trade barriers to move forward;
- Fed Chair called the "biggest problem" for the US economy.
- 4–5 trade deals already secured, more negotiations underway;
- China policy will continue to evolve;
- India must drop trade barriers to move forward;
- Fed Chair called the "biggest problem" for the US economy.