FTX CEO John Ray said the company has begun soliciting interested parties to restart the FTX.com exchange. People familiar with the matter said the company has been in talks with investors about a possible restart of the financing process. Blockchain lending company Figure is one of the parties that has shown interest in the process. In addition, among other forms of compensation, current FTX creditors may receive shares in the reorganized cryptocurrency exchange.

It is reported that potential bidders must submit a letter of intent by the end of this week. It is expected that FTX will not be renamed FTX2.0 or any other derivative of its original name, but will choose to rename it to an entity with a different name. The news that FTX is going to restart is now flying all over the sky, and the FTT that Hua Ge arranged for everyone has already doubled. If FTX restarts and changes its name, it may launch a new platform coin, and FTT is a relatively large rebound.

Important news overview:

1. Sotheby’s launches blockchain-powered project for generative artists;

2. dYdX will launch the dYdXChain public testnet on July 6;

3. Mastercard pilots tokenized bank deposits on new UK test platform;

4. The U.S. CFTC’s internal technical advisory committee will discuss DeFi, DAO, etc. in July:

5. President of the European Central Bank: Plans to make a decision on the creation of a digital euro by the end of October;

6. FTX Creditors Committee: Customers must submit proof of claim before September 29, 2023:

7. Sui Foundation releases token release schedule, expected to be completed by April 2030

8. India's RBI lists the risks of stablecoins to developing economies and calls for global coordinated regulation:

9. Damus avoided being removed from Apple’s AppStore after disabling the “Zaps” feature on his posts:

10.ARKInvest modified the application materials for Bitcoin spot ETF, which may enable it to obtain approval before BlackRock.

BTC：

If you can understand what Brother Hua said yesterday about climbing a mountain, then you can understand the current trend of Bitcoin. Bitcoin is currently fluctuating at a high level, and Brother Hua expects it to last for one to two weeks. It is a happy moment for those who are good at short-term operations, and it is also a tormenting moment for those who are good at mid-term operations. Both happiness and torture will pass.

Bitcoin Hua Ge expects the main range of fluctuations to be between 29,500 and 31,500. It is recommended to buy low and sell high in the short term, and buy high and sell low in the short term. In the medium term, continue to buy low and hold!

eth:

Ethereum is weaker than the broader market and has retreated to near the 120-day moving average. It can be bought in batches at low prices.

BCH：

BCH, did you say it’s overbought? It’s overbought! Did you say it’s diverging? It’s diverging! But it just won’t fall. The main force is still pulling the market up fiercely. Hua Ge expects that it will rise if it doesn’t break 216. But don’t chase the rise. Those who miss the opportunity may wait for the opportunity to go short.

ARB：

ARB still encountered pressure and fell back. It is expected to adjust for a period of time. When it rebounded to the pressure level, Hua Ge also prompted to stop profit. Be patient and wait for the next opportunity to intervene. If it breaks through the pressure directly, you can chase the rise.

LTC:

LTC fell sharply today. It is worth buying at a low price for a drop like this. Hua Ge expects that it will fall one more time at most before it starts to rebound.

ETC：

Etc. When the b wave pulls back to the range of 16-17, you can buy at a low price. It shouldn't pull back much before starting a new rise.

Platform Coin:

BG has recently launched a new coin. Only those who hold BGB can participate. BGB is likely to rise in a wave, so you can make a short-term layout!

Wealth code:

Layout bgb!

The above analysis is for reference only and does not constitute investment advice!