Williams from the Federal Reserve indicates that another interest rate hike may be warranted later this year, while expecting no additional increases in 2027. The increasing demand for AI infrastructure is fueling higher chip prices, rising construction costs, and inflationary pressures. Nonetheless, he also emphasizes that the productivity gains from AI are likely to eventually help reduce inflation.

Today's Summary and Tomorrow's Events - https://t.me/bitcoinv/2147483647

Strive plans to raise $500 million by issuing a new class of preferred shares to finance additional Bitcoin acquisitions.

Strive plans to raise $500 million through the issuance of a new class of preferred shares, aiming to acquire more Bitcoin.

Ledger has issued a directive for resellers to stop sales in Southeast Asia and Hong Kong.

The CEO of Polymarket has indicated that the company is exploring the creation of a blockchain asset endowed with functional utility directly tied to its platform economy. Details regarding the timeline or specific features of such an asset remain undisclosed.

According to Santiment, for every negative comment about Ethereum (#ETH), there are 2.05 positive remarks, indicating a pronounced sense of FOMO among traders. This optimism appears driven by renewed confidence in a price rebound above key support levels, heightened staking interest, and favorable expectations surrounding upcoming network upgrades.

In contrast, Bitcoin (#BTC) reveals a different narrative, with only 0.82 bullish comments for every bearish one amid ongoing corrections. Meanwhile, #XRP is also besieged by FUD, with merely 0.92 bullish comments relative to bearish ones. The digital asset has declined by over 9 percent over the past week.

Santiment reports that for every bearish comment about #ETH, there are 2.05 bullish comments, indicating a pronounced sense of FOMO among traders. This optimism is fueled by expectations of a price rebound above key support levels, increased staking activity, and favorable sentiment regarding upcoming network upgrades.

In comparison, #BTC exhibits a different dynamic, with only 0.82 bullish comments for every bearish one amid ongoing corrections.

Meanwhile, #XRP faces considerable FUD, registering just 0.92 bullish comments for each bearish remark. The cryptocurrency has declined more than 9% over the past week.

BNY and Citadel Securities test tokenized US Treasuries, demonstrating how blockchain technology can expedite asset transfers between trading platforms and financial institutions on Wall Street.

Trump announced that comprehensive exploration for oil, gas, and minerals is scheduled to commence in "our new and beautiful Greenland."

Yesterday, the total net inflow for spot Bitcoin ETFs amounted to $175.62 million, while inflows for spot Ethereum ETFs reached $24.84 million.

Yesterday, spot Bitcoin ETFs saw a total net inflow of $175.62 million, while spot Ethereum ETFs attracted $24.84 million in net new investments.

Whale and Institutional Transactions

The OTS kit has liquidated its remaining 9,996 ETH, amounting to approximately $25 million. Over the past three days, a large-scale market participant has offloaded BTC worth $89.5 million while acquiring ETH totaling $90.6 million. Additionally, a whale purchased 1,162 BTC for nearly $97 million through Wintermute. Meanwhile, CEO POAP transferred an additional 10,000 ETH, valued at around $25 million, to Gemini.

Today's Cryptocurrency Market Update

Today's cryptocurrency market experienced mixed fluctuations, with major digital assets showing slight changes amid ongoing regulatory debates and technological developments. Experts warn of increased volatility as institutions continue to scrutinize digital assets. Investors remain cautious amidst global economic uncertainties.

Announcement: Temporary Suspension of BLAST upbit.com #Upbit #Listing
⏱️ Time (UTC): 07:00:42.432

Strive has purchased 3,311 Bitcoin (approximately $276 million) in the past week. Over the course of the last two months, the company has accumulated a total of 11,417 Bitcoin (roughly $952 million) at an average purchase price of $82,281 per Bitcoin.

PancakeSwap’s Kitchen has proposed increasing the share of swap fees allocated to liquidity providers to 88 percent on v3 and Infinity across all 11 supported networks.

PancakeSwap's Kitchen has proposed increasing the share of swap fees allocated to liquidity providers to 88% on v3 and Infinity across all 11 networks.

France is considering introducing a 31.4 percent tax on the conversion of cryptocurrencies into MiCA-compliant stablecoins, set to take effect in 2027.