π #BTC flips Google to become the 6th largest asset by market cap. Next stop, Amazon.
ππ #BTC long-term holders are stacking 800K BTC per month, the highest accumulation rate in history.
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π£ #ETH co-founder Joseph Lubin says Ethereum is "rewiring global finance" and could lay the foundation for worldwide dollarization through stablecoins.
π° #AI OpenRouter, co-founded by the former CTO of OpenSea, has raised $40M led by a16z and Menlo Ventures, with participation from Sequoia. theblock
π 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.
πΊπΈπ #USMacro. 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%)
π #ETH Daily active ERC20 addresses have seen a HUGE spike in recent days.
πΊπΈ#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%)
π΄ββ οΈπ°π΅ #PEPE ZachXBT: Several projects associated with Pepe creator Matt Furey & ChainSaw, as well as another project called Favrr, were attacked last week, resulting in ~$1M stolen. My analysis links both attacks to the same group of DPRK IT workers who were probably inadvertently hired as developers
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ππ° PumpFun introduced the Pump Fun 2.0 app.
πΊπΈπΉ The US House of Representatives has passed a bill requiring the Department of Commerce to take a leadership role in fostering blockchain innovation. theblock
#regulation
#regulation
πΊπΈπ£ #tradewars Trump's speech:
- 4β5 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.
- 4β5 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.
π€ #AI Reuters: Trump administration is preparing a series of executive orders for the sake of AI tech development in the US - should increase energy supply.
ππ Funding rates for #BTC and the 3M rolling basis continue to trend lower. Despite high futures activity, appetite for long exposure is fading, reflecting increased caution and possibly more neutral or short-side positioning.