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Share link:In this post: Michael Saylor has suggested that Bitcoin holders should trust “too big to fail” banks for custodianship instead of self-custody. Saylor has dismissed fears of government confiscation of Bitcoin as paranoia, labeling those concerned as “paranoid crypto-anarchists.” Many in the Bitcoin community criticized Saylor, with some claiming he is trying to transform Bitcoin into a mere investment asset rather than a currency.
Share link:In this post: BTC dropped over 2% to around $67,000, unable to regain the $70,000 mark. Investment giant BlackRock bought 4,869 BTC (approx. $328 million) during the dip. Bitcoin spot ETFs recorded $294.29 million in inflows, with BlackRock’s IBIT ETF leading.
Dubai’s SuiHub supports local entrepreneurs with funding, expertise, and events to build decentralized applications on Sui’s blockchain.
"Fantom's user experience was the best in the last cycle, but the foundation seems to have no idea how to market it," said an old cryptocurrency expert. However, Fantom seems to have gradually come to its senses recently.
Will each chain rushing to "pump.fun" be the "top signal" for meme coins?
- 07:41pump.fun has sold approximately 4.1 million SOL worth $741 million since May 19, 2024According to monitoring by Lookonchain, since May 19, 2024, pump.fun has cumulatively sold approximately 4.1 million SOL (about $741 million), with an average selling price of around $180. Of this, 264,400 SOL were sold at an average price of $158, exchanging for 41.64 million USDC. Additionally, 3.84 million SOL (about $699 million) were transferred to CEX at an average price of $182.
- 07:29Matrixport: Bitcoin ETFs See $11.2 Billion Net Inflows Over the Past Eight Weeks, Overall Bullish Thesis Remains IntactMatrixport’s daily chart analysis notes that over the past eight weeks, Bitcoin ETFs have attracted a total of $11.2 billion in new inflows, yet the price of Bitcoin has only risen by about 10%. This modest increase may indicate that some market participants are taking advantage of the momentum to sell, or are waiting on the sidelines before re-entering the market. Overall, the bullish narrative remains intact: the Bitcoin market has established a stable base of buying support. Although the sources of buying continue to shift, ETFs have seen virtually no sustained net outflows. Compared to the period during Trump’s election, MicroStrategy’s current pace of accumulation has slowed slightly, but steady capital inflows continue to provide solid support for Bitcoin’s price.
- 07:29A newly created wallet withdraws 10.07 million WLD from a CEX, worth approximately $9.51 millionAccording to on-chain analyst Onchain Lens, a newly created wallet has withdrawn 10.07 million WLD from a CEX, valued at approximately $9.51 million.