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🚨 Reuters: “US regulators may approve spot
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Giant Acquisition from BlackRock US-based BlackRock, one of the world's largest asset management companies, announced that an agreement was reached to acquire British financial data provider Preqin for $ 3.2 billion. In the written statement made by #BlackRock , it was stated that British financial data provider Preqin accepted BlackRock's $3.2 billion cash purchase offer. BlackRock aims to strengthen its software division Aladdin by bringing together data, research and investment processing for fund managers through the acquisition. The $3.2 billion acquisition is expected to be completed this year, following the necessary permits. It was noteworthy that BlackRock purchased Preqin, beating the offers of Bloomberg, London Stock Exchange and S&P Global.
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🧙♂️ Bitcoin's return in June was -6.96%. •Bitcoin's average return in July compared to previous years is +7.42%.
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📣On Monday, July 1, Wanchain (WAN) will make an announcement. 🇪🇺The European Region inflation rate will be announced on Tuesday, July 2 at 12:00. •Expectation: 2.5% •Previous: 2.6% 🇺🇸 Fed Chairman Jerome Powell will give a speech on Tuesday, July 2 at 16:30. 🇺🇸US Stock Exchanges will close early on Wednesday, July 3, due to Independence Day. 🇺🇲US Unemployment Benefit Applications will be announced on Wednesday, July 3 at 15:30. •Expectation: - •Previous: 233K 🇺🇸FED FOMC minutes will be published on Wednesday, July 3 at 21:00. 🇺🇸The US Unemployment Rate will be announced on Friday, July 5 at 15:30. •Expectation: 4.0% •Previous: 4.0% 🇺🇸US Non-Farm Employment Data will be announced on Friday, July 5 at 15:30. •Expected: 180K •Previous: 272K
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Ethereum Whale Signed a $60 Million Movement. An Ethereum whale woke up from its slumber. It moved over 7 thousand Ethereum. This move did not go unnoticed in the market. An Ethereum ICO whale woke up to shift 7000 coins to crypto exchange Kraken amid massive outflows in ETH. Despite significant upward momentum received by #Ethereum today, July 1, an #ICO whale moved a significant amount of its assets to a centralized exchange. According to data by CoinShares, 7,000 cryptocurrencies have been registered to be dumped amid Ethereum's $60 million weekly outflows. Ethereum recorded the biggest outflows since August 2022. ETH has raised serious concerns among market investors. So, look at the digital asset's current market statistics and why it has sparked bearish market sentiment. According to data from on-chain tracker EmberCN, #Ethereum whale 0x2Eb08 moved 7000 ETH worth $24.28 million to Kraken, an American crypto exchange. This process comes after 209 days of awakening. Additionally, the whale currently holds just over 40K $ETH worth $138.76 million. Simultaneously, a report by CoinShares highlighted that the transaction emerged amid weekly $60.7 million outflows in Ethereum. Combined with last week's performance, outflows totaled $119 million, positioning the asset as the worst performer in terms of net flows to date. Year-to-date outflows totaled $25 million. Collectively, these statistics have raised serious concerns among investors, questioning the asset's capacity for future gains despite its solid positioning as the second-largest crypto by market cap at $415.98 billion.
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Stablecoin Giant Tether Announced That It is Collaborating to Make Social Security Payments with USDT in This Country! In a significant step towards cryptocurrency adoption, Tether has partnered with Uquid, a decentralized business infrastructure platform, to allow Filipinos to pay their social security contributions using Tether's USDT on the TON blockchain. The Philippine Social Security System (SSS) is a government-run social insurance program that serves employees in the formal, informal, and private sectors. This program is authorized by law to provide financial support to citizens in difficult times and administers both the social security program and the workers' compensation program. Through this new partnership, Tether and Uquid aim to simplify the payment process for Filipinos by leveraging the stability and efficiency of USDT. Uquid emphasized that this collaboration demonstrates how stablecoins and cryptocurrencies can improve and simplify daily financial transactions. Tether's integration into the SSS payment system marks a significant evolution in the use of digital assets for government services, potentially paving the way for broader cryptocurrency adoption in public sector operations.
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