Market
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.
Bitcoin Bounce Fails, Tumbling Below $100K as Iran Reportedly Prepares Retaliation Against U.S.
Axios reported the White House is expecting an Iranian attack against U.S. bases in the Gulf region.
Bitcoin Steady Above $104K as Traders Eye Historically Bullish Second Half
“BTC continues to consolidate bullishly, and a move through recent highs could set up a run toward $145,000,” one trader opined.
