Total Crypto Hacking Losses Reach $2.1 Billion in First Half of 2025
According to CoinTelegraph, blockchain analysis firm TRM Labs reported that the damage from hacking in the first half of 2025 is almost equivalent to the annual loss in 2024. Over 80% of the losses originated from infrastructure exploit attacks, including private key theft and frontend manipulation.
Bit Digital Raises $150 Million for ETH Staking and Reserves
The Miner Mag reported that Nasdaq-listed Bit Digital raised $150 million to stake and reserve ETH. Previously, the company announced plans to reduce Bitcoin mining operations and become an Ethereum staking and reserve company, with plans to swap their held BTC for ETH in the future.
ETH Spot ETF Experiences $358 Million Net Outflow
According to Parsyside Investor, on the 26th, the US Ethereum spot ETF saw a net outflow of $26.4 million (358 billion won). BlackRock ETHA received $5.9 million, Fidelity FETH $4.9 million, and Bitwise ETHW $2.6 million in net inflows, while Grayscale ETHE and Mini ETH saw outflows of $27.4 million and $12.4 million respectively.
ARK Invest Sells $12.5 Million in Coinbase Stock
The Block reported that ARK Invest, led by Cathie Wood, sold $12.5 million worth of Coinbase stock through its ARKK fund on the 26th. On the same day, Coinbase's stock price reached an all-time high at closing.
Canadian Listed Company Belgravia Raises $1 Million for BTC Investment
Business Wire reported that Belgravia Hartford Capital Inc. raised $1 million for BTC investment. The funds will be used exclusively to purchase BTC through Coinsquare's over-the-counter (OTC) platform.
Ionic Digital Holds 2,520 BTC
Bitcoin mining company Ionic Digital disclosed in its 2024 fiscal year report that it holds 2,520.2 BTC as of May 31st this year. The company mined a total of 2,075.5 BTC in the past year and significantly increased its owned mining machines from 27,581 to 88,986.
Avalon Labs Engages with US Bitcoin Policy Institute
Avalon Labs (AVL), a Bitcoin on-chain financial services platform, announced its first official interaction with the Bitcoin Policy Institute in Washington D.C. They discussed creating a favorable environment for crypto innovation companies in the US and expressed support for the Digital Asset Regulatory Clarity Act (BRCA).
Hong Kong Securities Firm Launches Interest-Paying Tokenized Securities
Bloomberg reported that a subsidiary of GF Securities Co. launched tokenized securities with daily interest payment and redemption options. The token is named GF Token, with interest payable in dollars, Hong Kong dollars, and offshore yuan.
Tiger Research Highlights CeDeFi Growth and Exchange Token Importance
Asian Web3 research and consulting firm Tiger Research noted in a report that platform boundaries are disappearing, and exchange tokens are evolving beyond fee discounts to become key assets connecting centralized and decentralized services.
Resolve Team Denies Token Selling, Claims Continued Buying
Resolve (RESOLV) customer management team member Tim Shekikhachev denied selling RESOLV tokens, stating they purchased 1.6 million RESOLV in the past 24 hours.
Bithumb Designates FLZ as Investment Caution Token
Bithumb announced the designation of Fellaz (FLZ) as a trading caution token and removed Synthetix (SNX) from the list.
Upbit Temporarily Suspends IOTX and META Deposits and Withdrawals
Upbit announced a temporary suspension of IOTX and Metadium (META) deposits and withdrawals due to wallet system maintenance starting July 3rd at 23:00.
Bithumb Lists SYRUP
Bithumb announced the listing of Maple Finance (SYRUP) in the KRW market at 17:00 today.
Coinone Lists PEAQ
Coinone announced the listing of PEAQ in the KRW market on July 1st at 12:00.
Top 3 Futures Exchanges BTC Perpetual Long/Short Ratio
The recent 24-hour BTC perpetual futures long/short position ratio based on open interest at the world's top 3 crypto futures exchanges is as follows: Total Exchanges: Long 49.32% / Short 50.68% 1. Binance: Long 49.12% / Short 50.88% 2. Bybit: Long 50.61% / Short 49.39% 3. Gate.io: Long 49.98% / Short 50.02%
Analysis: BTC Unlikely to Crash Without Catalyst
BTC may form a double-top pattern above $100,000, but the likelihood of a comprehensive crash like in 2022 is low, according to an analysis. Katalin Tischhauser, research head of crypto bank Signum Research, stated, "If a double-top pattern forms on the chart, BTC could plummet 75% from its peak to $27,000. However, a full-scale crash would require a black swan event like the Terra collapse or FTX bankruptcy." She further added, "This rally is primarily driven by institutional investor fund inflows. As institutional investors absorb liquidity, BTC supply will gradually decrease, and prices are likely to show a bullish trend."
Analysis: "BTC's All-Time High Likelihood Increases"
An analysis suggests that Bitcoin's potential to reach an all-time high has increased due to the US stock market's upward momentum. Nick Ruck, research head at LVRG, explained in an interview with Cointelegraph, "With geopolitical tensions easing and expectations of Federal Reserve rate cuts, US stock futures are approaching all-time highs. This, coupled with Bitcoin's rebound, is stimulating investment sentiment towards a new high. If stock market momentum continues and institutional fund inflows persist, Bitcoin could break through the $109,000 resistance and enter a new phase." Jeff May, COO of crypto exchange BTSE, stated, "With the Iran-Israel conflict seemingly resolved, Bitcoin has the conditions to surpass its previous all-time high of $112,000."
Analysis: "ETH Supports $2,400... Potential to Break Upward"
An analysis suggests that Ethereum could see additional increases in the coming weeks if it maintains its key support level of $2,400. According to Cointelegraph, crypto analyst Michael van de Poppe said, "Ethereum is currently trading above the critical lower support zone of $2,400. As long as it maintains this range, it is likely to test the upper resistance zone in the next few weeks." Crypto analyst Crypto Fella added, "Looking at the ETH/BTC chart, it has dropped 6.84% over the past month to 0.02275 levels. A long-awaited reversal is not far off."
