Crypto markets plunge across the board, with total market va | Kun Lee na Binance Square

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Crypto markets plunge across the board, with total market value falling below $2.2 trillion
#BTC #ETH 
$SOL  $PEPE  $DOGE  

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Paypal's Q2 net revenue increased by 8% year-over-year, and the stock price rose by up to 6% in pre-market trading. On July 30th, according to market news, PayPal's pre-market stock price rose as much as 6%. The company's financial results for the second quarter of fiscal year 2024 showed that PayPal's net revenue grew 8% year-over-year to $7.9 billion, and transaction profit increased 8% to $3.6 billion. As of June 30, 2024, PayPal's total cash, cash equivalents, and investments amounted to $18.3 billion, and its total debt stood at $12.2 billion. $PEPE $SOL $WLD

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Paypal's US stock rose as much as 6% before the market open. Odaily Planet Daily reported that market information shows that PayPal's US stock price rose by up to 6% before the market opened. The company announced its financial results for the second quarter of fiscal year 2024, with net revenue increasing by 8% year-over-year to $7.9 billion, and transaction profit growing by 8% to $3.6 billion. As of June 30, 2024, the company's total cash, cash equivalents, and investments amounted to $18.3 billion, with total debt of $12.2 billion. $PEPE $SOL $WLD

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Blackrock's Ethereum ETF ETHA has surpassed 150,000 ETH in holdings, with a market value exceeding $500 million. Odaily news report: BlackRock's official update on the spot Ethereum ETF data shows that as of July 29, the market value of the iShares Ethereum Trust ETF (ETHA) reached approximately $502,459,366.44, and the holdings exceeded 150,000 ETH, reaching 151,821.9706 ETH. $PEPE $SOL $WLD

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QCP Capital: The market may be immune to the outflow of Ethereum ETFs. According to Mars Finance news, QCP Capital released a research report stating that after Trump's speech, BTC had tested $70,000, but later fell below $67,000, as the US government transferred approximately $2 billion worth of BTC. Compared to BTC, ETH performed better, with ETH/BTC rising by 5%. Although spot ETFs have seen outflows for four consecutive days, the volatility premium of ETH has expanded from 4% last week to 8%. The market may be immune to capital outflows, and investors may shift from the more expensive ETHE to the cheaper ETF. In the coming week, the FOMC meeting, earnings reports from major tech companies, and unemployment data will be the focus. $PEPE $SOL $WLD

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METIS: Discord has been hacked, please do not click on suspicious links. ChainCatcher message, the Ethereum Layer2 network METIS has issued a warning on the X platform, stating that METIS' Discord has been hacked, and users should not click on any "airdrop links" or any other links. $PEPE $SOL $WLD

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