BitMine adds another ~$74M ETH into $1,750 weakness while Strategy sells $BTC for liquidity, two treasury desks reading the same rotation debate opposite ways.
Is Bitcoin ready for a quantum revolution? ⚛️ With quantum computers threatening old wallets, the upgrade to quantum-resistant options is essential! Stay tuned as we explore daily updates!
$XRP led the July 4 rebound near $1.10 to $1.13 while sentiment stayed broadly bearish, and prediction markets now put only 38% odds on it losing $1.00 by end of July.
Shockwaves in the crypto world! The historic Clarity Act was supposed to be signed, but it’s stuck. With only weeks left, what could this mean for the market?
Week's wrap.
June payrolls came in at 57,000, roughly half of what was expected. Unemployment ticked to 4.2% on a shrinking workforce. Futures traders pulled the September hike off the table.
The catch sits in May CPI at 4.2% year over year. Sticky inflation still ties Warsh's hands even as his tone softens.
Weak jobs is the setup risk assets watch for. A dovish Fed re-liquefies crypto, but the inflation print has to cooperate first.
$BTC back near 63k. Fear and Greed at 22. Next Fed meeting July 28-29.
$BTC bouncing to 63k, up 1.3% on the day, but still trading under a red weekly cloud. That's a bounce in a downtrend, not a turn.
Nearly $281m in shorts liquidated forced this move. ETFs also broke a 10-day outflow streak with $221m in.
Fear and Greed at 22. The cloud stays bearish until price closes back above it.
Gold near 4,187 with the dollar index back at 100.78 on soft jobs data, and $BTC's digital gold claim looks quiet at 63k while metal takes the safe-haven bid.
$ETH up double digits on the week and holding the $1,700 area while BlackRock's staked-ETH ETF brings yield into the wrapper, first ETH ETF inflows in nine days landing right alongside it.
Binance pulls out of Europe and leaves the biggest market!💔 Discover the implications of regulatory hurdles on this major exchange. Want to dive deeper? Check our link in bio!
This week's flag: Robinhood Chain launched July 1 with $UNI as the AMM layer for tokenized stocks and RWAs.
UNI eyeing $4 resistance on the news.
Standard Chartered's Geoff Kendrick called the tie-up deeper than the market realizes and expects more TradFi-DeFi deals to follow.
Watching $4 and whether tokenized volume actually ramps behind it.
The Roundhill Memory ETF is down about 25% off its June peak.
Sandisk and Micron, up 530% and 230% on the year, are cooling off the chip trade.
$BTC at 62k with ETFs snapping a 10-day outflow streak. Watching whether capital rotating out of chips finds a bid here.