The Fed Decision: The Federal Reserve decided to maintain US interest rates at 5.25%-5.50%.
Bitcoin Price: Down more than 3% from US$66,500 to US$64,000.
Liquidations: Liquidations of long positions amounted to US$46.57 million out of a total liquidation of US$54.86 million in the last 24 hours.
Altcoins: Biggest decliners were SOL (-5%), XRP (-5%), ADA (-4%), and AVAX (-3%).
Liquidation Data:
Traders Liquidated: 50,720 traders with total liquidations reaching US$183.6 million (Rp2.9 trillion).
Rate Cut Signals:
Fed Chairman: Jerome Powell hints at possible interest rate cut in September.

Global crypto investment products set a new record with incoming funds reaching US$17.8 billion (around Rp288.3 trillion) based on the year-to-date (YTD). This figure surpasses the previous achievement in 2021 of US$10.6 billion (Rp171.7 trillion).
Highlights:
Weekly Fund Flow: US$1.44 billion (Rp23.3 trillion) last week despite the crypto market decline.
Top Contributing Countries: US (US$1.3 billion), followed by Switzerland, Hong Kong, and Canada.
Trading Volume: Relatively low at US$8.9 billion compared to this year's weekly average of US$21 billion.

Larry Fink, CEO of BlackRock, who was once skeptical of Bitcoin, now admits that Bitcoin can be considered a legitimate financial instrument. In an interview with CNBC on July 15, 2024, Fink called Bitcoin “digital gold” and a hedge against economic instability.
Larry Fink's New Look:
Fink previously called Bitcoin a “money laundering index” and reflected its speculative nature.
Today, he believes Bitcoin should be part of every investor's portfolio because of its potential to provide uncorrelated returns and financial control.

Whale Alert reports that a Bitcoin wallet address that has been inactive for a decade has transferred $68 million to a new address. The wallet was created on September 26, 2012, with a Bitcoin price of around $12.06. The value of the Bitcoin in the wallet has increased by almost 500 thousand percent since then.
Bitcoin Whale Activity Increases Again:
On July 9, 2024, an address that had been dormant for a decade moved 149 BTC worth US$8.9 million.On July 4, 2024, another address moved 119 BTC worth US$6.8 million.

The German government has sold its entire Bitcoin holdings, 49,860 $BTC worth around US$2.9 billion, through various exchanges and over-the-counter (OTC) services over the past three weeks.
The last sale took place on July 12, with Bitcoin sent to Coinbase, Kraken, Bitstamp, and unknown addresses.The sell-off has sparked fear in the crypto market, causing Bitcoin prices to drop to US$53,000 on July 5, but has rebounded to US$62,500 on July 15 thanks to the political situation in the US.

On July 15, 2024, the price of Bitcoin soared past the US$62,000 mark, rising more than four percent in the last 24 hours. This increase was triggered by news regarding the assassination attempt on former US President, Donald Trump, which occurred on July 13 in Pennsylvania. The incident occurred while Trump was attending a campaign rally. Although potentially life-threatening, this assassination attempt was thwarted by security forces, and Trump did not suffer serious injuries.
Impact on Prices of Bitcoin and Other Cryptos

The world of DeFi (Decentralized Finance) was shocked by cyber attacks that threatened more than 100 protocols. This incident involved a domain registry attack that redirected users to a malicious website, potentially stealing sensitive information and funds from unwary users.
Chronology of Attacks
According to a report from Blockaid, attackers exploited a weakness in Squarespace's website creation service. They manipulated the DNS (Domain Name System) of several leading DeFi sites, including Compound Finance and Celer Network. For example, users trying to access the Compound Finance interface in the compound.finance domain were redirected to a fake website with a drainer application designed to steal user tokens.

Entering the world of futures trading can be an exciting and challenging experience. After understanding the basics and initial tips, it is important for beginners to know more in-depth strategies and techniques that can increase their chances of success. This article will discuss futures trading strategies, risk management techniques, and tips for improving your trading skills.
Strategi Trading Futures
Trend Following: This strategy involves following the direction of the market trend. If the market shows an uptrend, you open a long position; if the trend is down, you open a short position. Use indicators such as Moving Averages to help identify trends.

Trading futures in the crypto market can be an interesting way to make a profit. However, for beginners, understanding how futures trading works can be a little confusing. In this article, we will discuss the basics of futures trading, provide practical tips, and explain strategies you can use.
What is Futures Trading?
Futures trading is a contract between two parties to buy or sell a specific asset at an agreed price in the future. In the crypto market, this means you can speculate on the price of cryptocurrencies like Bitcoin or Ethereum without actually owning the asset.

The US Bureau of Labor Statistics (BLS) recently released the Consumer Price Index (CPI) for June, showing a figure of 3% year over year. Despite slowing US inflation, the price of Bitcoin (BTC) only rose briefly to as low as US$58,000 before falling back to US$57,000 in the last 24 hours.

Factors Influencing Bitcoin Price Stagnation
1. Uncertainty regarding US Interest Rates
The lower CPI reading strengthened market expectations of a September rate cut. However, Federal Reserve Chairman Jerome Powell emphasized that the Fed is not ready for this move, adding to the uncertainty affecting Bitcoin's reach of the US$58,000 level.

The German government continues to reduce its Bitcoin holdings amid a broad market price decline. On the other hand, BlackRock seems to be taking advantage of this situation to accumulate more Bitcoin.
Bitcoin Sale by the German Government
Based on data from Arkham Intelligence as of Thursday (11/7/2024), the German government has resumed its Bitcoin sales and now only has 13,177 $BTC worth almost US$766 million left, out of a total of 50,000 $BTC previously confiscated from the illegal streaming platform Movie2k. This selling action has triggered pressure on the price of Bitcoin, which fell below the level of US$60,000 and continued to fall to US$53,000 on July 5.