● On July 17, 9 ETFs increased their holdings by a total of 5,763 BTC (approximately US$374.8 million).
● Bullish forces are now clearly stronger than bearish ones, but sentiment is relatively calm and has not yet entered the Fomo stage.
● More than 36% of Mt. Gox’s Bitcoins have been distributed to creditors, but whales are still accumulating them.
● Maintain medium-term bullish view, crypto market is ready for a rebound.
● Tether issued 452 million USDT yesterday.
● The $11 billion Grayscale Ethereum Trust (ETHE) saw outflows following its conversion to an ETF, which may not happen immediately and price action could begin to fluctuate.
● A large number of short positions are at risk of being liquidated at $71,500, with approximately $1.47 billion in short positions to be liquidated.
●Binance and Upbit will support $GAL token swap, redenomination and rebranding to $G on July 19. This reset can create a new chart and unit bias that feels like a new listing to retail investors. As a trading strategy, one could consider buying $GAL before trading is suspended to take advantage of a potential listing rush.
● Grayscale launches a new fund for decentralized AI, featuring $TAO, $FIL, $LPT, $NEAR, and $RNDR.
● Coinbase is listed
@Ancient8_gg
$A8 token.
● $ATH - The Aethir Foundation announced a $50 million community rewards program after canceling the IOnet token swap.
● $BNX - BinaryX has announced a proposal to burn 74% of the maximum supply of BNX, moving to a deflationary model. Vote date to be determined.
● $DMAIL - Dmail announced that Season 2 airdrop will begin in late July.
● $FLOKI - Floki will make a marketing announcement on July 22nd.
● $NOT - Pixelverse will reward Notcoin holders. Notcoin Community, Gold, and Platinum levels will receive Pixelverse benefits.
● $SEI - The Sei Foundation announced a $50 million Japan Ecosystem Fund to foster growth in the gaming, social, and entertainment industries.
● $UTK
UTK - xMoney unveiled the final phase of UTK 3.0 Tokenomics with the introduction of Guilds.
● $WLD - Worldcoin announced that it will extend its token lock-up period by 2 years, resulting in
@zachxbt
and
@DefiSquared
Accused of price manipulation.
● SEC Commissioner Hester Peirce says collateral and physical creation/redemption of Ethereum and Bitcoin ETFs could be reconsidered. $LDO $RPL $SSV
● $IOTX-IoTeX released the 2.0 white paper, intending to promote IOTX to become the base currency in the DePIN field