GasFeesForNightRuns

$PONS 🔵 — SHORT
🔹 Entry ➜ $0.4150
🌀 TP ➜ $0.40 — $0.33
🧊 SL ➜ $0.45
💙 Stay sharp, catch the move!
#GateEventContractTradeSharingChallenge

#ETH is still holding support at the ascending trendline.
$ETH

SKHYNIX has been declining very consistently 😁😁
#MoonshotAIPreIPOsOpen
$SKHYNIX ‌

$BTC Price has started rejecting from our zone,
I am expecting continuation in the drop in NYO later today or probably tomorrow,
As it's Tuesday tomorrow and historically it has been an underperforming day of the week.
So it's very likely we see some drop tomorrow if not today.

CoinEx News reported that Shiba Inu (SHIB) recently saw about 14.87 billion tokens move out of exchanges, which may be the first bullish signal in months. Although SHIB is still in a broader downtrend, this notable on-chain development has drawn traders’ attention. Negative net outflows usually mean fewer tokens are available for immediate sale, because more tokens are withdrawn from exchanges than are deposited. While a single day of outflows doesn’t always indicate a trend reversal, it typically suggests improved investor sentiment, with a tendency to hold rather than sell. Over the past 12 months, SHIB has lost nearly 69%, and it is down more than 40% year to date.

Coin World News reported that, according to a report by Jordan’s national communications agency, Jordan intercepted and shot down four missiles that entered Jordanian airspace from Iranian territory.

Crypto news from CoinDesk: Analysts expect the US June Consumer Price Index (CPI) to fall, mainly due to a drop in gasoline prices, but the Federal Reserve is unlikely to ease policy. Core CPI is still around 2.9%, while services inflation has accelerated to 3.4%. Although CPI data earlier this year has improved, persistently elevated core inflation keeps the Fed facing challenges in responding to inflation. June CPI is expected to drop 0.2%, while the annual inflation rate is expected to fall from 4.2% in May to 3.8%. At the same time, oil prices have risen to $75 per barrel amid heightened tensions in the Middle East, further affecting inflation expectations.

Crypto news flash from CoinJie.com: Oil prices rose nearly 10% after Iran announced a full blockade. WTI crude oil rose $6.87 to $78.27, a 9.6% increase. Analysts say the U.S. will ensure oil flows through escort fleets while charging a 20% toll. The market has expressed doubts about the likelihood of the plan succeeding, and the risk of Iran attacking neighboring countries’ oil and gas infrastructure is also increasing. As oil prices climbed, gold fell by $123; the market expects that major oil-importing countries may need to sell reserves to maintain currency strength or buy oil.

CoinJie.com news: According to on-chain analysts monitoring, a wallet address marked as related to CZ donations will today transfer 700 million CZ tokens and 400 million TCC tokens to a black hole address. This burn accounts for approximately 70% and 40% of CZ and TCC chips, respectively. As a result, the CZ token’s 24-hour increase is about 168%, while the TCC token’s 24-hour increase is about 36%.

Crypto news site BiJieJie reports that Coinbase’s legal chief Paul Grewal has suddenly announced his resignation. He will move into an advisory role at the end of July, and his successor will be Molly Abraham. During his tenure, Grewal successfully led Coinbase through its public listing and won a legal battle with the SEC. His resignation has sent shockwaves through the crypto community, and some believe it could mean dim prospects for the Digital Asset Market Clarity Act. The bill is intended to delineate regulatory authority between the SEC and the Commodity Futures Trading Commission (CFTC). It has recently passed the Senate Banking Committee, but progress is currently slow. According to Polymarket data, the probability that the bill will pass this year has fallen to 46%.

According to Bloomberg, citing the U.S. Department of Justice, Rossen Iossifov, the founder of Bulgarian cryptocurrency exchange RG Coins, was indicted again while serving his sentence. He is accused of destroying or transferring assets to evade forfeiture and of participating in a money laundering scheme. Prosecutors allege that he unlawfully transferred approximately $290,000 in crypto assets that had been legally seized and forfeited by the United States. Iossifov was previously convicted in 2021 for helping launder millions of dollars in fraud proceeds and was sentenced to more than nine years in prison; these new charges carry a maximum penalty of 25 years.

CryptoNews: On Monday, the South Korean Ministry of Finance said the government will advance regulatory reforms, accelerate the application of artificial intelligence in the service sector, and further enhance the competitiveness of the service industry. The service sector accounts for 60% of South Korea’s GDP, and its growth is crucial to the overall economy. Finance Minister Choi Kyu-rium said that the service industry is undergoing profound AI-driven changes, with accelerated integration with the manufacturing sector, driving innovation in public services, and deeply changing everyday life. To help South Korean companies lead the global market, the government will introduce measures as soon as possible to allow AI agents to run tests throughout the entire shopping process. In addition, the South Korean government will also provide policy support for new mobility services such as urban air mobility and AI autonomous driving, and will introduce AI technology in public services including tax payment and administrative services.

Gate.io News: BlackRock Bitcoin ETF ($IBIT ) had a net outflow of 657 bitcoins on July 2, which is approximately $40.43 million based on current prices, and the trading volume reached $1.6 billion.

Author | Wu Talks Blockchain
In this episode of the Wu Talks Podcast, we invite NDV founder Jason Huang to discuss recent Bitcoin declines, the MicroStrategy coin-selling incident, macro market risks, and opportunities in the crypto industry. Jason believes that the first half of this round of crypto downturn was mainly driven by inertial sell pressure from Bitcoin’s four-year cycle, and that in the recent period, factors such as a pullback in the U.S. stock market, liquidity contraction, and MicroStrategy debt pressure have begun to compound the move. He judges that the market has not truly bottomed out yet; bear-market bottoms often require “signature” events on a par with a collapse-level incident such as FTX, which trigger widespread despair and a situation where no one is discussing it.
On investment strategy, Jason says that his second-phase fund has generated returns of about twenty-plus percentage points this year. In addition to crypto assets, he also takes part in trading commodities such as oil, gold, and silver. He remains cautious about AI stocks, saying that although he is a heavy AI user, he lacks a trading edge; meanwhile, he is also concerned about the U.S. stock market, semiconductors, and

ETF Store President Nate Geraci wrote that Cboe is considering converting its BTC and ETH futures contracts into perpetual futures. He stated that traditional financial giants are being forced to continuously respond to product innovations in the crypto-native markets, and this may just be the beginning. Perpetual futures, which were originally popular mainly on crypto exchanges, are now gradually entering regulated traditional trading environments.