🚨 JUST IN: Ethereum Foundation announces a new structure, cutting roughly 20% of its workforce.

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🇺🇸 LATEST: The US House Financial Services Committee will hold a July 17 field hearing on the CLARITY Act.

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Earlier today we asked: token at $0.00001 with a 10T supply — what's your move?

Here's our take: price alone tells you nothing.

Cut a pizza into 4 slices, each one's big.

Cut the same pizza into 10 trillion crumbs and you didn't create more food.

A token with 10T supply hitting $1 would need more money than exists on Earth.

Always check Market Cap (price × supply) before the price tag. 📊

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🚨 UPDATE: The Crypto Fear & Greed Index drops further to 17, deep in Extreme Fear territory.

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Korea's chip crash just exposed crypto's most-ignored lever.

Samsung -12.31%, SK Hynix -12.47% — leveraged ETFs that hit $9.1B since May, 92% retail-held, are unwinding fast. FSS Governor Lee Chan-jin admitted oversight came too late.
Same retail money also drives Korea's Kimchi Premium — right now sitting at -1%, BTC at $62.4K. Same capital, same mood as the chip selloff.

More AI and semiconductor earnings land in the next few days. Weak demand signals here could mark a mid-term peak for tech — and deepen this correction further.

Chart: CryptoQuan

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