Market

Binance to Compensate Users Affected by Crash in wBETH, BNSOL, and Ethena’s USDe
Wrapped tokens crashed as Binance's infrastructure buckled, making it harder for market makers to stabilize prices.

Ether, Dogecoin, Bitcoin Plunge Sees $900M in Bullish Bets Liquidated
“This sharp move appears to be the result of overleveraged positioning, particularly following ETH’s recent run-up, and an overnight dip in the S&P 500, which weighed on risk assets more broadly,” a trader note said.

Crypto ETFs See Record $12.8B Inflows in July as Market Rallies to New Highs
The crypto market, as tracked by the CoinDesk 20 Index, jumped over 21% in July.

$600M Bullish Bets Liquidated as Bitcoin Drops to $115K, DOGE, SOL, XRP Fall 6%
Bitcoin (BTC) dropped to $115,200, erasing some of its recent gains but still maintaining a relatively stable posture compared to other majors. Its dominance rose slightly as altcoins bore the brunt of the correction.

Crypto Markets Bifurcate With Institutions Focusing on BTC and ETH While Retail Chases Alts: Wintermute
Even inside altcoins, punters are looking at newer tokens like BONK, POPCAT and WIF instead of old-school speculations like DOGE and SHIB.

Bearish Bitcoin Trader Loses $92M as Surge Wipes Out $426M in Short Liquidations
BTC alone saw $291 million in forced closures, with futures tracking ether (ETH) and XRP following at $68 million and $17 million, respectively.

Ethereum's ETH Surges to $3K as ETF Flows, Tokenization Narrative Fuels Rally
The second-largest crypto has lagged behind BTC during this cycle, but the narrative has started to turn more positive recently.

Pump.fun to Launch PUMP Token via ICO on July 12
33% of PUMP's total supply will be sold during the ICO, with tokens priced at $0.004 each and fully unlocked from day one.

Japan's SBI to Let Users Swap Credit Card Points for Bitcoin, Ether, and XRP
Although a relatively small amount, it marks the first time cryptocurrency has been added to APLUS’s prize catalog, which previously focused on cashbacks and partner rewards.


