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ETH bull market trend officially confirmed
There’s one last chance to get on board!
The last time this signal appeared was July 6, 2025
Good night 💤 everyone.

CoinJie.com News: Trump announced that starting August 1, 2026, all generic drugs imported into the United States will continue to enjoy zero tariffs for two years. This policy is intended to lower drug costs and ease the public’s medical burden.

According to a report from Coinworld, a Dutch court has declared the crypto platform Knaken bankrupt. The reason is that prosecutors said 7 million euros (about 8 million US dollars) in customer funds are missing, and the company lacks sufficient assets to repay users.

CryptoWire news: In recent days, tensions between the US and Iran have intensified. Despite strong demand for ETFs, this could lead to higher volatility in global markets, affecting investor sentiment and making future diplomatic efforts more complex.

According to Bloomberg, the shares of American Bitcoin co-founded by Eric Trump is down more than 95% from its peak, and over the past 10 months the market value of its roughly 6% stake has shrunk by more than $600 million. The company this week carried out a 1-for-15 reverse stock split to maintain its Nasdaq listing status, and the stock hit a new all-time low on Wednesday. American Bitcoin still adheres to a Bitcoin mining and accumulation strategy; on Monday it increased its holdings by another 500 BTC, and its total holdings are now over 8,000 BTC. In the first quarter, it recorded an operating loss of $118.2 million after a $117.2 million impairment of its Bitcoin reserves.

CoinWorld News, Clearstream, a subsidiary of Deutsche Börse Group, announced the expansion of its institutional cryptocurrency custody services, adding support for XRP, Stellar (XLM), Cardano (ADA), Solana (SOL), Litecoin (LTC), and Avalanche (AVAX). Previously, the service only covered Bitcoin (BTC) and Ethereum (ETH). Clearstream stated that this expansion aims to meet the growing demand from institutional finance for digital assets compliant with the MiCA (Markets in Crypto-Assets Regulation) standards.

Coin World News, Tether CEO Paolo Ardoino stated that Tether has not applied for a MiCA license because it is very dangerous for stablecoins. He noted that the relevant rules could force issuers to place 60% of their reserves in "uninsured cash deposits" at small European banks that cannot handle redemptions. He described this as a "poorly considered legislation" and added that he "skipped MiCA to protect over 400 million Tether users."

Coin World News reported that CryptoQuant CEO Ki Young Ju said Michael Saylor’s ongoing large-scale buying strategy may be hindering Bitcoin (BTC) from recovering. He noted that Saylor’s buying behavior appears more like liquidity consumption rather than a price catalyst, and suggested pausing purchases, rebuilding cash reserves, and adopting a systematic buying-timing framework. In the current high selling-pressure environment, buying may only be able to maintain a trading price range and cannot push the price higher. Although Bitcoin’s realized market cap has grown by $467 billion over the past two years, the price has fallen by 1%. He believes that continued buying may prevent deeper market corrections, thereby creating the conditions for a historical cycle bottom pattern.

Wu Shuo learned that Ethereum co-founder Joseph Lubin posted a statement saying that the world needs a trusted neutral digital asset settlement platform, and currently only Ethereum fits this role. Lubin stated that Ethereum's trusted neutrality, censorship resistance, open source nature, and privacy features come from its high level of decentralization. He also mentioned that in the future, more well-funded and trusted neutral organizations will support the Ethereum Foundation's work, promote the adoption of technologies such as mainnet, L2, and private Ethereum environments, and ETH will circulate within a broader Ethereum ecosystem.

CryptoWorld News reports that, according to The Block, the graduation rate of pump.fun tokens has dropped by 80% over the past three months, and the 7-day average has fallen to 0.26%. In June, pump.fun’s daily average revenue was about $800,000, down from $4.8 million six months earlier, and pump tokens have fallen by 40% over the past six months. pump.fun’s decline has also affected the Solana network: in June, the Solana network’s daily average fees fell to 5,300 SOL, down from 33,000 SOL in January.

$BTC Spot demand remains relatively weak and is therefore increasingly driven by two main sources :
Strategy
- Bitcoin ETFs
The issue is that Strategy has significantly reduced its BTC purchases, and we recently even witnessed its second Bitcoin sale.
As for ETFs, outflows have been occurring week after week. As a result, monthly average demand growth has turned negative.
At approximately -66,000 BTC, we have reached a level of net outflows never seen before.
While these two channels represent only part of overall demand, their combined impact has often been significant enough to influence Bitcoin's price action.

Political analyst Magnier states that although the US and Iran are exchanging fire, neither side wants to escalate to "infinite war." The US aims to rebuild deterrence and protect its troops and freedom of navigation through a new round of strikes; Iran wants to demonstrate that attacks will come with a cost. Both sides face significant consequences, affecting Gulf energy, regional security, and the global market. Regarding the Apache crash, Iran does not acknowledge responsibility to avoid provoking a stronger response, indicating that they are willing to go to war if necessary but know that the US is reluctant to strike first.

CryptoWorld News: New York State is pushing to align stablecoin regulation rules with the Genius Act, bringing state-level oversight closer to the federal cryptocurrency framework.

⬛ FORTUNE AI QUANT | $ALLO
🔲 Directional Bias: Bullish
⚡ Spot Synthesis: Price is advancing while trading volume shows a slowdown, yet the token benefits from exposure to AI, big data, and multiple blockchain ecosystems.
🩸 Leverage Profile: Open interest is sizeable compared to the market size, and the funding rate is positive, indicating that longs are paying shorts; no additional leverage metrics are provided.
📉 Narrative Catalyst: The token’s tags span AI‑big‑data and several chain ecosystems, which aligns with the observed elevated activity, though the weakening volume velocity suggests the narrative drive may be losing steam.