From the perception that long-term holders continue to accumulate #bitcoin to Compound establishing a portfolio management company to invest in short-term government bonds, using Ethereum as the ledger to record transactions. Here are some outstanding news on the market #crypto.

Despite the market's ups and downs, Bitcoin (BTC) has clung tightly to the $30,000 mark over the past week, demonstrating resilience and rekindling hopes for a future uptrend.

The recent upturn, aided by the growing interest of TradFi giants in the crypto space, enticed short-term (STH) holders to enter the market. According to a tweet by on-chain analytics company, Glassnode, on June 28, the proportion of STH supply sent to exchanges increased to 1.28%, representing over 35,000 #BTC.

The chart below shows that capital inflows have increased steadily over the past few days, signaling that STH is ready to sell their shares and take profits.

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