Summary of important events in the cryptocurrency circle on July 10, 2024:

After Powell's testimony was released, traders believe that the probability of the Fed's first rate cut in September is more than 70%.

Spot Bitcoin ETFs purchased $438 million worth of BTC between July 5 and 7.

After the price of Bitcoin rebounded at the $60,000-62,000 level, a failed breakthrough may cause the price to fall again.

Circle minted 250 million USDC through the Solana network.

Solana has become the most purchased cryptocurrency on MoonPay for the seventh consecutive week.

Grayscale GBTC held approximately 274,100 BTC as of July 9, with a daily increase of 432.

A whale/institution bought ETH again after half a year, withdrawing 3,257.8 ETH (worth $10 million) from Binance at a withdrawal price of 3,069.

Coinbase announced the re-enabling of STG trading and added SD to its listing roadmap.

ARKM expects to monetize the platform later this year, with plans to support the TON blockchain and Solana by the end of August.

BONK DAO proposes to burn about 83.9 billion BONK in its treasury, with voting set to end on July 13.

MASA launches AI data subnet on Bittensor, with double token rewards for validators and workers.

NEON announces closed beta of Versus-X to launch in July.

NTRN will upgrade to v4 at 14:30 UTC on July 10, with possible network downtime during the upgrade.

SEI announces launch of Sei v2 mainnet beta.

According to @CantelopePeel, Full Firedancer client builds its first acceptable block on Solana testnet. #美联储何时降息？ #BTC☀

Storj acquires Valdi, a cloud computing company that provides GPU computing.

Worldcoin Foundation launches developer preview of World Chain.

Horizen CEO @robviglione revealed that Horizen 2.0 version is coming soon.