2024.7.11 Cryptocurrency Circle Events
● US spot ETF increased its holdings by 4,862 BTC, BlackRock and Grayscale increased their holdings respectively
● Bloomberg ETF analysts predict that the US SEC may approve the spot Ethereum ETF on July 18
● QCP Capital: Cryptocurrency has bottomed out, Bitcoin formed a double bottom and did not fall below $54,000
● Suspected Elwood address withdrew 8014.6 ETH from Binance 6 hours ago, with an average price of $3,066
● Sun Yuchen's address bought 1,621 ETH again
● Skybridge Capital founder: Bitcoin price is expected to reach $100,000 by the end of the year
● FTX creditors will receive $12 billion to $16 billion in cash compensation from October to November, which is expected to become a buying force
● The German government continues to sell its BTC holdings, reducing from 50,000 BTC to 13,100 BTC, currently worth $755 million.
● $AERO - According to @nansen_ai, Coinbase Ventures has been steadily buying $AERO since the announcement. The most recent purchase was 8 days ago.
● $ALEX - Bithumb exchange will announce the delisting decision of $ALEX today.
● $ENS - ENS will release identity-related news on July 12th.
● $FX - FunctionX has proposed to swap $FX for either $NEWFX or $AFIX. (100:1 ratio) This governance proposal will be discussed further on July 25th or 26th.
● $GLM - Golem Network has announced the establishment of an ecosystem fund. There are 40,000 ETH staked in the Golem treasury, and contributors will receive 75% of the rewards.
● $MAGIC - Treasure DAO announced a proposal to acquire Ryu Technologies for $400,000 worth of MAGIC tokens.
● $ONDO - BlackRock's BUIDL has reached a market cap of $500 million. Ondo Finance owns 44% of the BUIDL supply.
● $RON - Online RPG @RuniverseGame will migrate to Ronin ahead of its release on Epic Games later this year.
● $SKL - Skale Labs launches SKALE Pacifica V3.
● $STRK - Starknet has announced STRK staking, with testnet and mainnet scheduled for Q4 2024.
● Donald Trump will speak at the 2024 Bitcoin Conference in Nashville, which will be held from July 25th to 27th. $MAGA $TRUMP
● $IMX - An address withdrew over 293,000 IMX from Binance yesterday