🔝 Top 15 Projects by Fully Diluted Market Cap launched in Q2. #ENA #W #ZK

🎢 #BTC C.Q.: Currently, ultra-long term Bitcoin holders are not sending Bitcoin to exchanges. Ultra-long term Bitcoin holders want a stronger bull market.

🖼 Top #NFT sales in June

The most expensive NFT sale was 250 ETH (~$825,000)

🗽🔥 #SOL #ETF 21Shares filed application for spot Solana ETF

🗽👀 #COIN Coinbase Derivatives has filed certificates with the CFTC for inclusion in the list of US regulated futures on #SHIB, #LINK, #AVAX, #XLM, #DOT.

⚡️⚖ #ETH SEC sues Consensys over MetaMask staking service

🔝 Top 15 blockchains by number of unique addresses

📉👀 #LDO #RPL The SEC claims that the Lido and Rocket Pool staking programs are securities.

📊 78% of #ETH is owned by long-term hodlers

🗽‍⚖ Bsupreme court decided repeal the Chevron Doctrine, which limits the powers of federal agencies.
FOX: The ruling limits the power of federal agencies by denying them the power to interpret controversial laws through rulemaking. This big win for cryptocurrencies and other industries that have been subject to rampant rulemaking by agencies like the SEC, and gives judges more power to interpret laws.

🕵️👀 #BTC #ETF BlackRock Global Allocation Fund disclosed ownership of 43k shares of its Bitcoin ETF iShares Bitcoin Trust in April.

🤔 #BTC CEO C.Q.: Bitcoin demand is decreasing again, -23K Bitcoin in the last 30 days, hence the price correction.

The apparent demand calculation is used a lot to estimate demand for commodities. It compares production and inventory changes to estimate if demand is growing or not.

Here I used 1-year inactive supply as a proxy for inventory.

🔝 Top #DeFi tokens by price performance

🤔 #BTC repeats the pattern of last year’s summer

📊 Kaiko: The number of active trading pairs on Binance is well below all-time highs. On the contrary, listings are gaining momentum on the Bybit exchange and Korean exchanges.

🐳 Large entities own about 20% of the total #BTC volume

🧐 Santiment: #BTC's mild rebound after the dip the past 2 weeks has been short-lived for now. But note the continued negative sentiment pouring in from the crowd, indicating their patience is wearing thin.

This, along with a low RSI of just 36, are strong indications a bounce is close.

🇺🇸🕹 The US Treasury will introduce a tax regime for cryptocurrencies starting in 2025 and defers rules for non-custodians.

The Internal Revenue Service (IRS) will not require reporting on most regular stablecoin sales and will set an annual threshold of $600 for NFT proceeds before it will be required to be reported.
coindesk

🇺🇸🗣 FATF: 75% of jurisdictions are “only partially or not compliant” with cryptocurrency standards.

🥳👀 Parent company Igloo Inc acquires Frame. theblock.com