๐ผ The US issues $81 billion in refunds after the Supreme Court ruled President Trump's tariffs illegal. #regulation
๐ธ This whale held $ETH for 4 years, suffering a loss of $23.8M (-59%).
Whale 0xFe99 received 9,389 $ETH ($40.47M) 4 years ago when $ETH was trading at $4,311 and has held it ever since.
With $ETH now at $1,777, those 9,389 $ETH are worth just $16.69M.
The whale may finally be capitulating, having deposited all 9,389 $ETH into Coinbase Prime 10 hours ago.
Whale 0xFe99 received 9,389 $ETH ($40.47M) 4 years ago when $ETH was trading at $4,311 and has held it ever since.
With $ETH now at $1,777, those 9,389 $ETH are worth just $16.69M.
The whale may finally be capitulating, having deposited all 9,389 $ETH into Coinbase Prime 10 hours ago.
๐บ๐ธ๐ฃ #BNB CEO of BinanceUS stated that the exchange is resuming its operations and aims to regain a 20% market share in the US.
๐บ๐ธ๐ฝ The US government transferred 3,941 #BTC ($244 million) to Coinbase Prime.
๐ฐ๐ท๐ #BTC #USDT Upbit to List Deriveโs DRV as Former Lyra Token Enters Korean Market
Upbit, South Koreaโs largest crypto exchange, will list Derive (DRV) with KRW, BTC, and USDT trading pairs, with trading scheduled to begin at 17:00 Korea time on July 14. Derive, formerly known as the onchain options protocol Lyra Finance, rebranded in 2024 and migrated its token from LYRA to DRV. The protocol currently focuses on onchain options and perpetual futures trading.
Upbit, South Koreaโs largest crypto exchange, will list Derive (DRV) with KRW, BTC, and USDT trading pairs, with trading scheduled to begin at 17:00 Korea time on July 14. Derive, formerly known as the onchain options protocol Lyra Finance, rebranded in 2024 and migrated its token from LYRA to DRV. The protocol currently focuses on onchain options and perpetual futures trading.
๐งโ๐ป #BTC Bitcoin Is Building a Bottom Through a Transfer of Pain
โEventual capitulation, or the gradual absorption of their high-cost supply by stronger hands, helps complete the redistribution necessary to build a more durable base.โ.
โEventual capitulation, or the gradual absorption of their high-cost supply by stronger hands, helps complete the redistribution necessary to build a more durable base.โ.
๐ #BTC #ETH BTC and ETH Social Media Activity Falls to Lowest Level Since 2020
Crypto analyst CryptoJack noted that social media posts about Bitcoin and Ethereum have dropped to their lowest level since 2020, reflecting a continued decline from the peaks observed in 2021โ2022. He believes that retail interest is waning, while institutional focus is increasingly moving toward tokenized assets. #rwa
Crypto analyst CryptoJack noted that social media posts about Bitcoin and Ethereum have dropped to their lowest level since 2020, reflecting a continued decline from the peaks observed in 2021โ2022. He believes that retail interest is waning, while institutional focus is increasingly moving toward tokenized assets. #rwa
๐บ๐ธ๐ Trading activity in US spot ETFs is currently subdued, with volumes down 78% from their peak and below 2024 levels. A sustained recovery in $BTC price momentum will likely necessitate renewed attention and market participation from other asset classes. #etf
๐บ๐ธ๐ฆ The American Bankers Association (ABA), Independent Community Bankers of America (ICBA), and 76 other state banking associations have sent a joint letter to Senate leaders opposing the provisions of the CLARITY Act on stablecoin yield. #stablecoin