① As LAB plunges, Velvet price surges 21% — Daily Digest June 29

Velvet surged 21.17% to $1.92, outpacing the gainers, while LAB fell 16.16% to $15.12, leading the decliners. Crypto market performance is mixed, with significant changes.

② Guangzhou Price Prediction — CC price expected to drop to $0.113760 by July 4, 2026
Guangzhou is expected to drop -23.08% over the next 5 days, reaching a price target of $0.113760 per CC. Check today’s Guangzhou price prediction to see why.

③ Bullish Bitcoin RSI divergence makes analysts call for a 2022-style bear market bottom
Bitcoin’s bullish RSI divergence lays the foundation for a new bull market, but some market participants warn that new Bitcoin price lows are still ahead.

④ Crypto “dry powder” is running out as the stablecoin sector shrinks by $9.4 billion
According to the latest data, the stablecoin economy contracted by $2.119 billion over the past seven days, and some major USD-backed cryptocurrencies also saw significant capital outflows over the past 30 days. Since May 8, the stablecoin supply has decreased by $9.445 billion, eroding Cr’s dry powder.

⑤ Drone strikes increase pressure on Russia; Polymarket sees 11.5% probability of Putin exiting by 2026
As the war enters its fifth year, Ukrainian drone operations have burned down a major oil refinery in southern Russia. Putin acknowledged there is “a certain gap” in fuel, while promising to strengthen protection.

⑥ Ethereum treasury Sharplink bought $62.4 million worth of ETH last week
After pausing for eight months, Sharplink purchased nearly 40,000 ETH last week, further indicating that the company has resumed its Ether accumulation strategy.

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