2024.7.9 Morning Report🌍

● 9 US ETFs increased their holdings by 2,394 BTC

● SEC may approve the spot Ethereum ETF this week, and the price of the currency may rebound

● Chainlink whales increased their holdings by more than 6.2 million LINK last week, totaling about $76.88 million

● If Bitcoin falls to $50,000, mainstream CEX will have $658 million in long orders liquidated

● If the Bitcoin price rebounds to around $58,000, it is expected that $1.522 billion in short orders will be liquidated

● Golem Project has sold 36,000 ETH in the past 37 days, worth about $114 million

● Bitfinex whales increased their long positions by 10,000 BTC during this round of Bitcoin correction

● In extreme cases, the sell-off by Mt.Gox and the German government may cause the price of Bitcoin to fall by 10.5%

● The German government address may have sold a total of 12,366 BTC, equivalent to about $708.8 million, and currently holds 27,461 BTC

● Coinbase International will add support for $BLAST, $ZRO, and $ZK perpetual futures on July 11.

● Binance will delist $BOND, $DOCK, $MDX, and $POLS on July 22.

● $ADA - Cardano released "Node 9.0" on July 8. CEO Hoskinson expects the Chang hard fork to begin this week.

● $CRV - 51.4 million $CRV locked in just 4 days, about 1/3 of all CRV emission in 2024.

● $CQT - Covalent has announced a governance proposal to transition from $CQT to $CXT tokens.

● $DIMO - The DIMO Foundation proposes to use DIMO Points (DCX). DCX has a stable value of $0.001 and is created by destroying $DIMO. Voting will begin on July 15.

● $ENS - ENS unveils rebranding details, including new logo and website.

● $MON - Pixelmon reveals plans to launch a major game update in July.

● $SOL - CBOE has formally requested the SEC to allow VanEck and 21Shares to bring Solana-based exchange-traded funds to market.

● $XAI - Xai contributors have agreed to re-lock their July unlocked tokens within 6 months.

● More than 46,000 BTC flowed out of the exchange on July 5, setting a new high this year

#btc #