Market News and Updates


Institutional Investment Bitcoin Whale Activity:
Reports on X show that in the past hour, $77.57 million worth of BTC short positions have been liquidated, with an unknown whale liquidating $88.50 million in BTC/USDT shorts on HTX, reflecting a strong bullish sentiment in the market.
Enterprise Adoption:
NASDAQ-listed Murano Global supports the BTC treasury strategy with $500 million, semiconductor manufacturer Sequans raises $384 million to buy BTC, and institutional interest continues to drive prices higher.
Ethereum Institutional Frenzy:
SharpLink Gaming increases its holdings of ETH to $527 million, and BTCS plans to invest $100 million to purchase ETH, driving its stock price up by 100%. Fidelity releases a report positioning ETH as a value storage asset, helping the price to break through 3000 USDT.
Regulation and Adoption: Positive Impact of US Regulation:
The U.S. House of Representatives will hold a "Cryptocurrency Week" hearing on July 16 to discuss crypto taxation and regulatory measures, with the strategic Bitcoin reserves promoted by the Trump administration boosting market confidence.
Ethereum Community Updates:
The Ethereum Community Foundation plans to launch a series of policies aimed at driving the ETH price to $10,000, creating a market frenzy in the short term and helping it break through 3000 USDT last night.
ETF and Market Trends Ethereum ETF Boom: ETH ETF saw a net inflow of 46% over the past 30 days, with a single-day inflow of about $40 million recorded on July 10. Technical indicators show that ETH has broken through the symmetrical triangle formation, with the next targets being $3153 and $3400.
Bitcoin ETF inflows:
From June 30 to July 3, BTC and ETH ETFs had a net inflow of $988.79 million, demonstrating ongoing institutional support for the crypto market.
Technical Analysis:
BTC is facing resistance around $120,000 and needs to break through to continue its upward trend; ETH has broken through 3000 USDT, with an RSI of 57.72, indicating strength but not overbought, and may test $3300-$3500.
BTC0.13%
HTX1.03%
ETH2.98%
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