💸 #BTC Over the past two weeks, a major liquidation cluster has formed between $56,200 and $57,500.

Bitcoin needs to remain above its current price levels; otherwise, the most likely scenario is a move lower to liquidate these leveraged long positions.

🧑‍💻 Chinese AI firm DeepSeek prepares to file for an IPO as soon as this year.

🇺🇸👀 Crypto #ETF Flows Today:

Bitcoin ETFs:
1D NetFlow: -6,904 $BTC (-$440.45M)
7D NetFlow: -8,166 $BTC (-$521.02M)

Ethereum ETFs:
1D NetFlow: -8,807 $ETH (-$16.38M)
7D NetFlow: +26,101 $ETH (+$48.55M)

🇨🇳🗣 #ID Just In: Coinbase Opens Registration to Users in China

On July 14, multiple social media users reported that Coinbase had opened account registration to users in China. Wu Blockchain confirmed the change with Coinbase staff, who stated that users can now complete verification using a Chinese national ID and a mainland China address. Previously, the process required a Chinese passport and a Hong Kong address.

🇺🇸🗣 Fed Chair Kevin Warsh states that the US should not bail out anyone, including the crypto sector. #macro

🇺🇸🤔 President Trump replaces 20% of the Strait of Hormuz toll with trade and investment deals from Gulf nations.

🇺🇸🗽 The U.S. Government has just moved Bitfinex hacker seized funds.

296.71K $USDT was transferred to a Coinbase Prime, likely for OTC sell.

Data from Nansen. #hack

#ETH #BTC 5 years consolidation

🗣 Circle's President Talks Clarity Act on FOX

"There are many financial institutions, traditional financial institutions that really want to get into this space."

🗽 Senate has 24 days to pass the Crypto Clarity Act before leaving for summer recess.

🇺🇸🕵️‍♂️ The U.S. Government wallet just deposited 5,939 $ETH ($11.15M) into Coinbase Prime.

🕵️‍♂️ JUST IN: Noxa Fi's X account appears to have been compromised.

Do not connect your wallet, sign any transactions, or interact with any links posted by the account.

There are reports of users' wallets being drained after interacting with the account.

We are investigating and will share verified updates as more information becomes available.

🏦 #BTC $5.3 billion Cardone Capital bought 107 BTC, worth $6.7 million this dip!

🆕 US and UK announce a joint plan to support cross-border tokenized assets and crypto stablecoins. #stablecoin

🇺🇸⚠️ New York becomes first US state to halt construction of new large data centers.

🕵 Alameda Research FTX transferred 91.69K $SOL (~$7.08M) from BitGo Custody to Coinbase Prime to sell.

This comes after yesterday's 201K $SOL (~$15.14M) transfer to BitGo Custody.

Data from Nansen.

📈 #BTC Since July 1st, Bitcoin has massively outperformed major markets:

Bitcoin: +9.56%
Gold: +1.39%
S&P 500: +0.80%
Silver: −0.19%

🤔 #BTC A new study finds Bitcoin users are more "introverted" and "thinking" than other people.

🤔 US advances plans to build an Iraq-Syria oil pipeline to bypass the Strait of Hormuz.