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Market Trends:

1. Bitcoin rebounded above $58,000 over the weekend and then fell, and has now fallen below $54,500.

2. Altcoins generally fell sharply after rebounding over the weekend, and the market returned to a downward trend.

Industry News:

1. UniSat: Most of the development work of L1 Swap has been completed, and Fractal Swap is planned to be launched in September and introduce an incentive mechanism

2. President of The ETF Store: Ethereum spot ETF is more likely to be launched in the week of July 15

3. So far this year, the number of new wallets on the Ronin chain has exceeded 1 million per month except in February

4. Degen will start Airdrop 2 Season 6 on July 11

5. Andrew Kang: More than 98% of altcoins have peaked in this cycle, and Bitcoin is transitioning to a super-cycle asset

6. AssangeDAO member: 12,161 ETH was used for Assange's legal defense and activities, and more than 4,431 ETH was not used

7. PrimeDAO added 3 voting incentives on Balancer Votemarket

8. Solana client Firedancer plans to launch a $1 million bug bounty program on July 10

9. The ETF Store President increased his holdings of a small amount of BTC and SOL, and held some ETH

10.Tether CEO: Locally executable AI models are the only way to protect privacy and independence

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