Daily digital currency dynamics summary (2024-07-10)

1. Yellen said that she did not guide the US SEC and CFTC on cryptocurrency regulation.

2. The surrender of Bitcoin miners continues, and the crypto market is expected to be relatively flat in the next 2-3 months.

3. Nigeria's Finance Minister urged the country's regulators to address cryptocurrency regulatory challenges.

4. BlackRock submitted an application for Ethereum spot ETF securities registration to the US SEC.

5. Bloomberg: Oversupply has weakened the correlation between Bitcoin and US technology stocks.

6. QCP Capital: There are some signs of a bull market in the current crypto market, and there is speculative selling pressure in the short term.

7. Forbes: Argentina is the country with the highest cryptocurrency adoption rate in the Western Hemisphere.

8. Binance CEO: Expect more innovations and use cases in the crypto industry in the coming year, and clearer regulation.

9. K33 Research analyst: Q3 is usually the period with the weakest Bitcoin returns.

10. Data: Bitcoin miners' reserves have decreased by about 20,000 BTC since June.

11. Coinbase executives: Popularization of cryptocurrency requires more friendly beginner applications. #美联储何时降息？ #BTC下跌分析 #币安合约锦标赛