Bitcoin’s market value surpasses Amazon
According to 8marketcap data, Bitcoin’s market value reached $2.36 trillion, surpassing Amazon and rising to 5th place among global mainstream assets.
Japanese fashion brand ANAP purchased an additional 28.74 BTC
According to an official statement, ANAP’s subsidiary ANAP Lightning Capital purchased an additional 28.74 BTC, bringing its total Bitcoin holdings to 229.23 BTC.
Remixpoint increased its holdings to 1,168 BTC by purchasing an additional 116.72 BTC
According to a report by Deep Tide TechFlow, Japanese publicly traded company Remixpoint purchased an additional 116.72 BTC. The company’s total Bitcoin holdings now stand at 1,168.28.
On July 10, $2.42 billion in short positions were liquidated
According to a report by Cointelegraph based on Coinglass data, a total of $2.42 billion in short positions were liquidated on July 10. This marks the largest daily liquidation in the past four years.
The Royal Government of Bhutan transferred 100 BTC to a CEX
According to Onchain Lens tracking data, the Royal Government of Bhutan transferred 100 BTC, valued at 11.8 million dollars, to a centralized exchange. Over the past 11 days, a total of 449.3 BTC (approximately 50.15 million dollars) has been transferred.
Bank of America: Bitcoin is the best-performing currency of the year
According to Bitcoin Magazine, a research report published by Bank of America revealed that Bitcoin will be the best-performing currency by 2025.
China’s stance on stablecoins is softening
Local media and state-backed outlets are urging the Chinese government not to ignore the global adoption of stablecoins. These developments are seen as a sign of a warmer approach to stablecoins despite crypto bans.
QCP Capital: Bitcoin rally supported by tariffs and fiscal stimulus
QCP Capital attributed Bitcoin’s new record high of $118,000 to two macro factors: producers and exporters rapidly ramping up production and stockpiling ahead of Trump’s tariffs, and the US Treasury’s aggressive bond issuance strategy.
According to an official announcement, UK-based publicly traded company Coinsilium has received shareholder approval to issue up to 600 million new shares to expand its Bitcoin reserve strategy through Forza. Since May, it has raised 11.62 million pounds and increased its BTC holdings from 5 to 88.67.
ECB Executive Board Member Schnabel: Interest rate cut threshold is very high
According to Jinshi Data, Schnabel stated that the ECB’s current position is advantageous with the achievement of medium-term inflation targets and balanced growth expectations, and therefore the threshold for an interest rate cut is high.
Malta regulator: No risk to MiCA licenses despite EU review
Despite a review by the EU’s regulatory body, the Malta Financial Services Authority (MFSA) has stated that no licenses are at risk.
Tiansheng Capital to apply for Hong Kong stablecoin license
According to the Hong Kong Commercial Daily, Tiansheng Capital plans to apply for a stablecoin license to provide digital payment solutions for art trading and foreign exchange transactions.
Russia plans to ban crypto mining using subsidized electricity in data centers
According to Cryptonews, the Russian government is revising a bill that would ban data centers in the country from using subsidized electricity for crypto mining.
Pakistan Central Bank to launch digital currency pilot program
According to Reuters, Pakistan Central Bank Governor Jameel Ahmad announced that the country is preparing for a CBDC pilot program and hopes to launch it soon.
Two wallets believed to belong to the same entity purchased 4,552 ETH
According to Onchain Lens, two wallets believed to belong to the same entity purchased 4,552 ETH worth a total of $13.7 million at an average price of $3,010 from Binance. The ETH was then transferred to Aave V3.
Starknet connects to over 140 chains through integration with Hyperlane
According to Foresight News, Starknet has integrated with Hyperlane, a cross-chain communication protocol. The first use cases will be unveiled in the coming weeks.
OpenTensor has integrated the Uniswap v3 liquidity mechanism
According to Foresight News, the OpenTensor Foundation has activated the Uniswap v3 mechanism, which provides concentrated liquidity for $TAO and $Alpha interactions. Subnet owners will be able to enable this feature when desired.
Ankr partners with Nansen for on-chain data infrastructure
Web3 infrastructure provider Ankr will provide infrastructure support for dashboards and RPC calls as part of its partnership with Nansen. This collaboration will make it easier for Nansen to process and analyze large-scale data.
by Darkex Research – 1 min read
Click for Market Pulse news articles prepared by the Darkex Research
