π° Veda has completed $18 million in funding led by CoinFund with participation from Coinbase Ventures, Animoca and others.
π₯³ #BTC Anthony Pompliano is taking his ProCap BTC financial platform to the public market through a $1 billion merger with Columbus Circle Capital Corp. coindesk
π° Paradigm invested $15 million in DEX GTE (Global Token Exchange) theblock
πΊπΈπ #macro US (June; Prev):
- S&P Composite PMI: 52.8 (previous: 53);
- S&P Manufacturing PMI: 52 (previous: 52);
- S&P Services PMI: 53.1 (pred: 53.7).
- S&P Composite PMI: 52.8 (previous: 53);
- S&P Manufacturing PMI: 52 (previous: 52);
- S&P Services PMI: 53.1 (pred: 53.7).
πΊπΈπ #macro Fed Chair Bowman: Now is a good time to consider an interest rate adjustment. If inflation continues to fall or the labor market weakens, the interest rate could be lowered.
Also, the Fed will hold a meeting on bank capital on July 22.
Also, the Fed will hold a meeting on bank capital on July 22.
πΈ #BNB Bloomberg: Former Coral Capital executives are in talks to raise $100 million to invest in a BNB token linked to Binance Holdings through a publicly traded company they control. The team plans to finalize the fundraising this month and rename the company Build & Build Corporation.
CZ: I've heard of several companies doing this. None of them are run by me/us yet. But we give them a lot of support. BNB is a public native coin on the blockchain, not "tied" to Binance Holdings Ltd or CEX Binance.
CZ: I've heard of several companies doing this. None of them are run by me/us yet. But we give them a lot of support. BNB is a public native coin on the blockchain, not "tied" to Binance Holdings Ltd or CEX Binance.
π #BTC Glassnode: Since June 10, Bitcoin investors classified as Loss Sellers rose 29%, showing growing pressure on weak hands. But Conviction Buyers also increased, suggesting sentiment isnβt collapsing. Some are cutting losses - others are actively lowering their cost basis.
π½π #BTC #ETH #ETF Theblock:
- The cumulative trading volume of the US spot Bitcoin ETF has surpassed $1 trillion in less than 18 months;
- BlackRock's IBIT fund leads among similar products with a 79% market share;
- Daily trading volume of spot Bitcoin ETFs is currently maintained between $2.3 billion and $4.4 billion;
- The Ethereum U.S. spot ETF has a cumulative trading volume of $83.4 billion since its launch;
- The asset management scale of spot Bitcoin ETFs has exceeded $120 billion and the asset management scale of the IBIT fund has reached $70 billion, making it the fastest ETF product to reach this scale in history.
- The cumulative trading volume of the US spot Bitcoin ETF has surpassed $1 trillion in less than 18 months;
- BlackRock's IBIT fund leads among similar products with a 79% market share;
- Daily trading volume of spot Bitcoin ETFs is currently maintained between $2.3 billion and $4.4 billion;
- The Ethereum U.S. spot ETF has a cumulative trading volume of $83.4 billion since its launch;
- The asset management scale of spot Bitcoin ETFs has exceeded $120 billion and the asset management scale of the IBIT fund has reached $70 billion, making it the fastest ETF product to reach this scale in history.
ππ #BTC has slightly deviated but still appears to be tracking global M2 liquidity β historically a bullish correlation.
π #ETH network activity continues to grow β over 13.2M active addresses last week, with increasing multi-chain engagement.
ππ #BTC continues to exhibit lower realized volatility than major US stock indices despite record high geopolitical uncertainty.