BREAKING: Japanese company Metaplanet has acquired an additional 42.5 #BTC  for ¥400 million

As of July 8th, Metaplanet now holds 203.7 #BTC , worth ¥2.05 billion

Next 6-12 months:
- Interest rate cuts
- Pro-crypto president
- Pro-crypto SEC + regulations
- FTX distributing up to $16B in cash
- Ethereum ETFs

Mt. Gox moved 47K Bitcoin, but it won't affect the price.

Three possible scenarios for these transactions:

1. Internal transfer: Changing wallets for security.
2. OTC deal: Designed not to affect the market price.
3. Using a brokerage service: Likely settled after selling since it didn't flow through brokers' wallets or exchanges.

Additionally, 1.5K BTC went to Bitbank, but no significant surge in trading volume has occurred. 1.5K BTC is a relatively small amount.

Monitoring exchange flows is necessary to determine if Bitbank is being used as a broker.

If scenario 3 applies, 94K BTC is available for sell-side liquidity, but selling this much BTC without on-chain movement is unlikely. If it's OTC selling, we're in the clear. — Source

VanEck officially files S-1 for its Spot Ethereum ETF.

All spot #Ethereum ETF applicants filed updated S-1's

• Fidelity
• VanEck
• Franklin
• 21Shares
• Grayscale
• BlackRock

The TOP projects that may issue tokens in the second half of the year, including Monad, Aleo, Magic Eden, Berachain, Babylon, Scoll, Karak, Movement, SynFutures, Backpack, Puffer, LiFi, Lens, Solv, Symbiotic, Swell, Zircuit, StakeStone, Hamster Kombat and HyperLiquid.

Source: WuBlockchain

Jiangxi Bank of China 🇨🇳 goes bankrupt.

Customers protesting and demanding their money back shows how fragile the banking system really is and giving us a reminder of 2008 ⚠️

Billionaire Pantera CEO Dan Morehead ignoring the FUD and buying Bitcoin, exactly 11 years ago.

He bought 30,000 BTC for $65, and is up 80,000% – all because he bought the dip 👏 — Source

If you're looking for potential bottom signals...

ETH sentiment is now at the lowest point in 2024, close to turning red.

Just before the ETF launch.

Source: Kaito

Permanent holders, mostly custodial wallets with no outflows, accumulated 85K Bitcoin in the last 30 days.

These wallets are neither ETFs, exchanges, nor miners. During the same period, 16K BTC flowed out of ETF holdings.

While some panic sell, "the others" are buying. — Source

🇺🇸 DONALD TRUMP TO SPEAK AT THE WORLD'S LARGEST BITCOIN CONFERENCE THIS MONTH!

Best Bitcoin meme I’ve seen in a long time.

As you know, Germany hasn't made a correct decision in 80 years.

US inflation falls to 3%, lower than expectations.

SEC DROPS INVESTIGATION INTO PAXOS, DECIDES BUSD NOT A SECURITY: FORTUNE

Sam Altman (OpenAI) vs. Vitalik (Ethereum)

Who is working for themselves and who is working for humanity?

BREAKING: 🇺🇸 Former President Donald Trump shot at rally. — Source

At the height of the dotcom bubble, Cisco was worth 5.5% of US GDP.

Today $NVDA market cap is worth 11.7% of GDP, over 200% higher.

A British crypto trader went to socialize with 5 people in Bangkok, Thailand. He ended up being threatened, robbed, punched, electric shocked, and tied up with rope by them. — Source

*ETH ETF'S TO LAUNCH TUESDAY: BALCHUNAS — Source

Donald Trump has chosen Senator JD Vance of Ohio as his running mate as the former US president looks to return to the White House.