7.13 Cryptocurrency Daily:
Good news, Germany's BTC dump is over.
Bad news, there will be a new excuse for the next dump.
1. ETH's ETF is about to receive final approval for the spot Ethereum exchange-traded fund and is expected to be listed next week;
2. Chainalysis said that traditional money launderers seem to be using cryptocurrencies;
3. Coinbase: The US economy may peak in Q2, suppressing retail investors' enthusiasm for cryptocurrency investment;
US stocks have been pulling up, but crypto has not, and interest rate cuts seem to be on the way;
4. Data: Bitcoin on-chain traders have realized a profit and loss of -17%, the lowest level since the FTX crash;
5. Ignition announced the launch of FBTC, a full-chain Bitcoin asset pegged to BTC 1:1; @FBTC_official
6. Compound founder and CEO Jayson Hobby announced his resignation and launched a new DeFi protocol Legend with two other Compound Labs executives. ;
7. @_kaitoai's data shows that the current BTC sentiment index is on par with the last low of $26.
8. @MakerDAO is planning to invest $1 billion of its reserves in tokenized U.S. Treasury products, which has attracted the interest of BlackRock and Ondo Finance, RWA sector;
Bitcoin's daily line is more bullish, strategy understanding--Research Institute--599695450 weekly line is in the bottom range, and friends who are short can actually start to build positions one after another.
