๐โโ๏ธ #BNB Nano Labs announced that it acquired 74,315 BNB on the OTC market at an average price of approximately $672.45.
๐ฐ #SOL DeFi Development purchased another 17,760 SOLs for ~$2.7M
๐บ๐ธ๐ #macro US (June):
- S&P Composite PMI: 52.9 (pre: 53);
- S&P Services PMI: 52.9 (pre: 53.7);
- ISM Services PMI: 50.8 (pre: 49.9)
- S&P Composite PMI: 52.9 (pre: 53);
- S&P Services PMI: 52.9 (pre: 53.7);
- ISM Services PMI: 50.8 (pre: 49.9)
๐ค 99% of #BTC holders are currently in profit as the asset inches closer to its previous all-time high.
๐ณ #ETH whales continue to stake heavily: 36M ETH now staked (+3% in June) and 200K+ ETH flowing off exchanges weekly โ but daily active addresses are still flat at ~300Kโ400K. Price momentum needs fresh user growth.
๐บ๐ธ๐น Senator Lummis introduced a new cryptocurrency tax bill with nearly identical provisions to those she attempted to include in a larger tax bill earlier in the week.
Among other changes, key provisions of the bill include eliminating the double taxation of miners and stakers, as well as establishing a $300 transaction threshold at which no tax is imposed.
Among other changes, key provisions of the bill include eliminating the double taxation of miners and stakers, as well as establishing a $300 transaction threshold at which no tax is imposed.
๐ต๐ต #USDC Circle has minted 250 million USDC. Circle has minted 2 billion USDC on Solana in the last month
๐บ๐ธ๐ #macro Bostic from the Fed: The US economy could experience a longer period of high inflation (a year or two). Labor market conditions remain broadly healthy" and have yet to show signs of deterioration that might warrant a preemptive interest rate cut.
๐๐ #ETH gained more than 5% today but is bumping up against a key resistance zone.
The silver lining: on-chain sell pressure thins out above $2,770, creating room for ETH to push back above $3,000.
The silver lining: on-chain sell pressure thins out above $2,770, creating room for ETH to push back above $3,000.
๐ฝ๐ #BTC Bo Hines:
- The US government plans to partner with mining companies and use government energy to mine BTC;
- Looking for new ways to accumulate BTC;
- Digital asset industry could grow to $15-20 trillion.
- The US government plans to partner with mining companies and use government energy to mine BTC;
- Looking for new ways to accumulate BTC;
- Digital asset industry could grow to $15-20 trillion.
๐ #BTC and gold have held the top spot for 12-month returns for two years straight and theyโre still far ahead of the major equity indices.
That kind of performance isnโt unusual for Bitcoin. But for gold, itโs a rare signal of sustained demand for hard assets.
That kind of performance isnโt unusual for Bitcoin. But for gold, itโs a rare signal of sustained demand for hard assets.
๐บ๐ธโ
The House of Representatives passed Trump's budget bill.
๐๐ฝ NakamotoProjct surveyed 3,538 adults in the US:
- 48m American adults own bitcoin
- 11m hold their own keys
- Bitcoiners are more likely to be male, young, and non-white
- They're politically diverse but right-shifted
- They're "moral maximalists."
- 48m American adults own bitcoin
- 11m hold their own keys
- Bitcoiners are more likely to be male, young, and non-white
- They're politically diverse but right-shifted
- They're "moral maximalists."