TreatEarningsAsSnacks

According to SoSoValue data, as of July 23, US Eastern Time, total net outflows from Bitcoin spot ETFs were $225 million. The Bitcoin spot ETF with the highest single-day net inflow yesterday was the Morgan Stanley ETF MSBT, with a single-day net inflow of $5.0108 million. Total net inflows for Ethereum spot ETFs were $26.3199 million. The Ethereum spot ETF with the highest single-day net inflow yesterday was Fidelity ETF FETH, with a single-day net inflow of $14.9280 million.

Crypto news site CoinGecko says that Tether CEO Paolo Ardoino stated that USDT’s user base adds more than 30 million wallets every quarter, further solidifying the stablecoin’s leading position in the market. Its market cap is currently close to its all-time high. This growth trend shows no signs of slowing down, which is reflected in the latest data from Ardoino’s newly released series of adoption statistics.

CoinJie.com news: According to an investigation by the *Wall Street Journal*, the probability of a U.S. economic recession has fallen to 25%, below 33% in April.

CoinWorld news, Anthropic announced that it will invest $15 billion in Australian data centers, aiming to secure deliverable Australian data center capacity by mid-2027. The plan may involve 1.4GW of capacity, while pushing for clearer copyright rules to use Australian content.

CoinWorld news, on July 6, spot ETFs for BTC, ETH, and SOL saw net inflows, with BTC net inflow of approximately $265.69 million, ETH net inflow of approximately $20.66 million, and SOL net inflow of approximately $8.36 million.

CoinWorld News, Markus Thielen said that Ethereum is still overvalued, and at the current price, there is a lack of actual activity to drive a bullish trend.

According to Coin World News, Kuaishou’s video generation business, Kuaishou AI, is undergoing its first round of financing since the spin-off (Pre-IPO round). The pre-investment valuation is $18B. The related listing filing work is being advanced according to the timeline for submitting materials to the Hong Kong Stock Exchange in early 2027. Based on Kuaishou’s market cap at the close on June 2 (approximately $27.4B), Kuaishou AI’s valuation is already equivalent to 66% of the parent company’s market cap. Kuaishou AI is expected to become the world’s first listed company dedicated to video models. It is expected to complete the restructuring and share reform in 2026, and formally submit its listing application in early 2027.

$BTC bottomed after 87% dump in 2015.
Bitcoin bottomed after 84% dump in 2018.
BTC bottomed after 78% dump in 2022.
And people are now thinking we'll bottom after a 50% drop.
IMO, Bitcoin will have at least a 60%-65% dump this time before the bottom.
$BTC

OFAC sanctions 134 new cryptocurrency wallet addresses (131 on Tron, 3 on Monero) linked to ISIS-K. The Tron addresses have cumulatively received approximately $1.4 million and sent out about $880k since 2023, with close ties to mainstream platforms, some of which have been transferred to Syrian exchangers; Tether has frozen 131 Tron addresses. Additionally, two citizens and four companies associated with the PCC were sanctioned, accused of using cryptocurrency to transfer over $30 million in illicit proceeds back to Brazil.

CoinWorld News, WuShuo reports that trading app Fomo has raised $75 million in Series B funding, with its daily trading addresses surpassing 10k for the first time, of which over 2,000 trading addresses are first-time joiners. Additionally, the recently popular Ansem meme coin is the most favored token among Fomo traders.

Bitcoin has fallen below the 200-week moving average for the first time since October 2023, marking a bull-bear boundary, with over $320 million in leveraged longs liquidated within 24 hours. While some see this as a buying opportunity, concerns over deeper pullbacks persist. MicroStrategy holds approximately 847,363 BTC; if it breaks below $58,000, it could drop to $49,000. The current price is about 53% down from the all-time high.

CoinWorld News, according to bitcoin news reports, senior Bitcoin core contributor and BIP maintainer Jon Atack issued a reminder that users should avoid making Bitcoin transfers in the second week of August until the potential risk of network chain reorganization is eliminated. Atack stated that he will run both the core and knots 110 versions for observation and will isolate his held Bitcoin assets. Additionally, Atack expressed concern over the increasingly polarized debate atmosphere in the current Bitcoin community, criticizing the "you're either with us or against us" stance as a classic false dilemma, and calling on the community to maintain independent thinking and rationality in order to address complex protocol changes.

Coin World News: Base senior developer Jon Roethke said that the b20 token standard is expected to be activated on the Base mainnet at 10:00 (UTC+8) on June 27. After the Base Beryl upgrade is activated, the activation registry will take up to about 1 hour to be fully enabled. b20 is a new native token standard introduced by the Base Beryl upgrade, compatible with ERC-20, and applicable to scenarios such as stablecoins, RWAs, and equity-based assets.

CryptoWorld News: Trader yixie has fully closed their MU long position on the hyperliquid platform, with a position size of $3,401,416.41 before closing. Since April, yixie has been building long positions in MU and SNDK, becoming the biggest beneficiary in the on-chain semiconductor sector during the May rally, with a monthly profit of approximately $7 million, with AMD being their largest long position.

CryptoWorld News, Japan's financial group SBI has partnered with Startale to issue a trust-structured Japanese Yen stablecoin JPYSC, with reserve assets held by SBI Shinsei Trust Bank, and SBI VC Trade responsible for issuance and circulation. JPYSC is Japan's first Yen stablecoin backed by a trust bank and classified as an electronic payment method under the Payment Services Act, not subject to the single transaction and 1 million Yen balance limit. JPYSC can serve as an on-chain foreign exchange, institutional lending, and RWA settlement underlying asset, currently only available to users with SBI VC Trade accounts, with plans to launch JPYSC lending services on the exchange in the future.

CryptoWorld News: Russian Ministry of Defense: From 9 a.m. to 2 p.m. Moscow time, the air defense system intercepted and destroyed 72 Ukrainian fixed-wing drones.

CryptoWorld News reports that market sources say OpenAI has reached a partnership with Visa (V.N), allowing AI agents to perform online shopping.

CoinWorld News reports that Ma Ji Huang Licheng reduced his ETH long position by 825.00 tokens, approximately $1,408,237.50.
The current holdings amount to $4,049,750.00, with an average price of $1,640.39, the current token price is $1,619.90, and the liquidation price is $1,607.70.
This trader previously profited from blue-chip NFTs but has experienced massive drawdowns since October, with funds shrinking from over one hundred million to several hundred thousand dollars.

Tehran University professor Izadi said that Israel has never shown interest in peace; Netanyahu is trying to obstruct and sabotage the Iran-U.S. peace negotiations. He noted that Israel will face corruption trial proceedings and elections later this year, which could delay the peace process. Iran does not accept an “Israel-style” ceasefire; a real ceasefire depends on whether Trump puts pressure on Netanyahu and promotes effective mechanisms.