🇺🇸👀 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.
⛏️📉 #BTC The complexity of BTC mining was reduced by 7.48% to 116.96 T yesterday
🇺🇸👀 #macro Fed Chairman Bostic: I continue to expect one interest rate cut this year and three interest rate cuts are expected next year.
🍿 #SOL CEO REX: REX-Osprey SOL+Staking ETF will begin trading on Wednesday
🔄✅ #BNB Smart Chain (BSC) launched a Maxwell upgrade on the core network reducing block time from 1.5 seconds to 0.75 seconds.
Ethereum ™️ | ETH | News
🥳 #ZRO Advent acquired a stake in LayerZero for $1 billion.
👀 #ZRO Advent International acquires a majority stake in LayerZero Power Systems, which makes power infrastructure equipment for data centers, not the LayerZero crypto project
🤔 Sentora: Even though the GENIUS Act is expected to create a more supportive regulatory environment for asset-backed stablecoins such as #USDC, the token’s share of the stablecoin market has remained nearly unchanged in recent weeks and still hovers around 25%. #stablecoin
📊 Lookonchain Weekly Recap (June 23–29):
✅ 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.
✅ Stablecoin Flows
Stablecoin market cap grew by $1.95B last week.
• Tron: +$1.56B (#USDT & #USDC)
• Ethereum: +$727M (USDT & USDC)
✅ DEX Volumes
Spot: $85.91B, down -12.2% WoW
• PancakeSwap: $38.32B (-2.43%)
• Uniswap: $15.93B (-27.23%)
• Raydium: $4.05B (+1.81%)
✅ Perps: $73.58B, down -28.8% WoW
• Hyperliquid: $45.62B (-26.22%)
• Jupiter: $3.33B (-27.58%)
• ApeX: $2.78B (-13.57%)
✅ Corporate BTC Buying
20 listed firms added 14,183 BTC ($1.53B). Top buyers:
• Strategy: 4,980 BTC ($532M)
• ProCap BTC: 4,932 BTC (~$515M)
✅ 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.
✅ Stablecoin Flows
Stablecoin market cap grew by $1.95B last week.
• Tron: +$1.56B (#USDT & #USDC)
• Ethereum: +$727M (USDT & USDC)
✅ DEX Volumes
Spot: $85.91B, down -12.2% WoW
• PancakeSwap: $38.32B (-2.43%)
• Uniswap: $15.93B (-27.23%)
• Raydium: $4.05B (+1.81%)
✅ Perps: $73.58B, down -28.8% WoW
• Hyperliquid: $45.62B (-26.22%)
• Jupiter: $3.33B (-27.58%)
• ApeX: $2.78B (-13.57%)
✅ Corporate BTC Buying
20 listed firms added 14,183 BTC ($1.53B). Top buyers:
• Strategy: 4,980 BTC ($532M)
• ProCap BTC: 4,932 BTC (~$515M)
🎢 #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.
📊👀 #ETH The most critical support for Ethereum sits at $2,200. If this level fails to hold, the next key area to watch is $1,160.
🍿🏦 #USDC Circle has applied for a national trust bank license in the United States
📈 Total value locked in crypto is at an all-time high of ~$375B
Top 5 market sectors: stablecoin issuers, lending, liquid staking, DEXs, and #RWA issuers.
Top 5 market sectors: stablecoin issuers, lending, liquid staking, DEXs, and #RWA issuers.