📊 The Altcoin Cycle Signal is back in Altcoin Season. The typical version of this print has alts running while #BTC stays bid. Currently, we see alts running out of sellers after nearly two years, with #BTC drawing down aggressively. For now, the #BTC side is still doing most of the work.

🗣 JPMorgan CEO Jamie Dimon says "we're in a bull market."

"It's like a little tsunami."

💸 #BTC FYI: 1.57M Bitcoin are estimated to be permanently lost, with 98% of those losses occurring before 2020.

😱 #BTC Bitcoin is down roughly 49% from its cycle high, which is less severe than the 70%–90% crashes seen in previous cycles, according to Galaxy Research.

💵 250,000,000 $USDC (249,957,000 USD) minted at USDC Treasury.

💵 250,000,000 $USDC (250,091,999 USD) minted at USDC Treasury.

📌 Top 5 News for 24 Hour:

1. Toss Bank partners with Solana for blockchain testing. →
👁 358 | ❤️ 0 | 🔁 6

2. BlackRock deposits $BTC and $ETH into Coinbase. →
👁 284 | ❤️ 2 | 🔁 4

3. SpaceX $SPCX market cap drops $250 billion. →
👁 262 | ❤️ 0 | 🔁 4

4. TechnoRevenant's wallet sells $XAUT, buys $BNB. →
👁 284 | ❤️ 0 | 🔁 3

5. UK Prime Minister Keir Starmer to resign, new leader by September. →
👁 221 | ❤️ 4 | 🔁 2

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⚠️ #BTC Jeff Walton just showed
$STRC is working exactly as designed: "Derisked into STRC in January? Down ~3% net of dividends. Held Bitcoin? Down 26.8%."

That's a 24-point cushion. The credit instrument did its job for yield-seekers trying to avoid volatility.

🇺🇸🗣 #BTC US Senator Cynthia Lummis says the Clarity Act will help keep Bitcoin and open-source developers domestic.

🚀 #BTC Bitcoin Long-Term Holder supply hits an all-time high of 16.64M BTC, representing 83% of the total circulating supply.

🥷 The “JaredFromSubway” MEV exploiter moved 2,000 $ETH ($3.44M) via Tornado Cash. They sold 1,422 $ETH for $2.446M $DAI and now have only 5 $ETH ($8.63K) left.

🐳 As $SPCX is dropping, a whale has opened a new 70,000 $SPCX long position with 20x leverage, valued at ~$11M, with a liquidation price of $134.42.

💸 James Wynn is on a streak of getting liquidated. He again got partially liquidated on his $BTC (40x) short position.

🇺🇸🏦 US Senate passes bill to ban the Federal Reserve from creating a Central Bank Digital Currency (CBDC).

🕵️‍♂️ After a year of dormancy, a wallet received 500 $BTC ($32.31M) from BitGo.

Morgan Stanley also bought 166.24 $BTC ($10.74M) from Coinbase and now holds 4,515 $BTC ($288.4M).

🕵️ Trader 0x50b3 just opened a 20x long on 1,653.8 $BTC ($105.77M)!

He is a high-frequency trader who has made 100 trades since June 2, winning 93 of them for a 93% win rate.

His total profit has exceeded $6M.

💸 Another whale is making a huge leveraged bet on $BTC.

The whale opened a 40x long on 1,100 $BTC ($70.54M).

Liquidation price: $61,724.22.

💸 Another whale is making a huge leveraged bet on $BTC.

The whale opened a 40x long on 1,100 $BTC ($70.54M).

Liquidation price: $61,724.22.

🆕 $ARX listed on Upbit spot (KRW)

🆕 $CC listed on Bithumb spot