Transfer of 7,999 BTC... Coinbase → Anonymous
According to Whale Alert, 7,999 BTC was transferred from a Coinbase address to an anonymous address. The amount is worth $860 million.
Anonymous Whale Adds 1,200 BTC to Binance
LookOnChain reported that an anonymous whale bc1q2q deposited an additional 1,200 BTC ($1.3 billion) to Binance over the past 7 hours.
US SEC Files Physical BTC ETH ETF for Truth Social
The US Securities and Exchange Commission (SEC) has officially filed a physical BTC and ETH ETF for Truth Social.
Foreign Media: "SOL Physical ETF Likely to be Approved Earlier than Expected"
CoinDesk reported that the SEC's request for issuers to resubmit SOL physical ETF application amendments by the end of July suggests an earlier-than-anticipated approval. Although the review deadline is October 10th, an insider familiar with the matter suggests they may approve one or more ETFs much earlier.
Solana's Monthly Active Addresses Match Combined Chains
According to CoinDesk, Solana's monthly active addresses as of June were equivalent to the combined L1 and L2 chains. The Solana network's second-quarter revenue exceeded $271 million, outperforming other chains for the third consecutive quarter.
US SEC Extends Review of Fidelity SOL Physical ETF
U Today reported that the US Securities and Exchange Commission (SEC) has extended the review period for Fidelity's SOL physical ETF.
US Treasury Ends Tornado Cash Appeal Proceedings
Decrypt reported that the US Treasury and Coin Center have agreed to terminate the appeal proceedings regarding Tornado Cash. Both sides determined that the appeal was no longer effective after the Office of Foreign Assets Control (OFAC) lifted sanctions on Tornado Cash in March. Peter Van Valkenburgh from Coin Center stated, "The government did not want to claim in court that they had the authority to sanction Tornado Cash. This officially ends the legal battle."
Foreign Media: "US Government Withdraws Tornado Cash Appeal"
Watcher Guru reported that the US government has withdrawn the Tornado Cash appeal.
Ripple CEO to Testify on Cryptocurrency Bill in US Senate
Watcher Guru reported that Ripple CEO Brad Garlinghouse is scheduled to testify about the cryptocurrency bill in the US Senate.
US Government Deposits Additional $210,000 ETH to Coinbase
According to Arkham, the US government deposited 86.564 ETH to Coinbase Prime, worth approximately $210,000. Previously, the government had made a test deposit of $10 worth of ETH, seized from Chase Senecal in October 2022.
CleanSpark Mines More BTC than Sold in June
CoinTelegraph reported that Nasdaq-listed Bitcoin mining company CleanSpark mined 685 BTC and sold 578 BTC in June. They currently hold 12,608 BTC.
Threshold tBTC Issued on Sui
CoinDesk reported that Threshold (T) based tBTC has been issued on the Sui blockchain. Users can now directly issue tBTC on Sui, potentially adding over $500 million in Bitcoin liquidity to the Sui network.
1inch Team Accumulates $5 Million in 1INCH Since February
Amber CN reported that the 1inch team investment fund withdrew 5.01 million 1INCH from Binance. They had previously purchased 1.757 million 1INCH worth of USDC and deposited 975,000 USDT to buy additional 1INCH. Since February, they have purchased 24.86 million 1INCH worth approximately $4.976 million, with an average price of $0.2.
DeFi App Raises $4 Million Investment
The Block reported that DeFi trading platform DeFi.app has raised $4 million in investment. The investment was led by Mechanism Capital, with participation from DCF Capital Partners, Coinbase's former CTO Balaji Srinivasan, Compy Capital, and George Ball Group.
Ethereum Pre-mining Address Activated After Nearly 10 Years
An Ethereum pre-mining address was activated after 9.9 years. The address contains 900 ETH, which was worth $279 in 2015 but is now worth approximately $2.27 million.
Populars: "Won Stablecoin Must Be Issued on Ethereum"
Global crypto research firm Populars recently reported that "Won stablecoin must absolutely be issued centered on Ethereum" due to its overwhelming liquidity, verified system, network effects, high security scale, and superior decentralization.
Letsbonk Founder Plans to Purchase Meme Coins
Tom, founder of Bonk-based coin issuance platform Letsbonk.fun, announced plans to personally purchase several meme coins and potentially buy more if any survive.
Pump.fun to List Own Token PUMP
The Block reported that Solana-based meme coin issuance platform Pump.fun plans to list its own token PUMP within 4 days. A PUMP token sale will be conducted on Gate.io from July 12th for 72 hours.
Radiant Capital to Compensate Hack Victims
Radiant Capital (RDNT) announced the start of a recovery program related to the 2024 hack. They plan to provide different compensation to lending market depositors, with $1,000 in net assets as a baseline.
Lithuania Investigates Robinhood Stock Tokens
CNBC reported that the Lithuanian Central Bank requested an explanation from Robinhood about the structure and related consumer communication of OpenAI and SpaceX stock tokens. Previously, OpenAI had warned that OpenAI tokens are not stocks and that they have not established a partnership with Robinhood.
White House "Preparing to Sign Administrative Order Extending Tariff Deadline to 8/1"
The White House announced that it plans to sign an administrative order extending the tariff deadline originally scheduled for July to August 1.
Trump "Imposing 25% Tariffs on South Korea and Japan"
Donald Trump, the US President, announced that he will impose 25% tariffs on South Korea and Japan.
US Stock Indices Close Lower
The three major US stock indices closed lower.
S&P500: -0.79%
Nasdaq: -0.79%
Dow: -0.94%
US Government Deposits $10 ETH on Coinbase
Arkham reported that the US government made a test deposit of $10 worth of ETH on Coinbase Prime. The government's wallet contains ETH worth $100,000 seized from Chase Senecal in October 2022.
Foreign Media "ETH Has Potential to Rise to $5000 This Year"
Cointelegraph diagnosed that ETH has the potential to rise to $5000 this year due to factors such as ETF net inflows, exchange balance at an 8-year low, increased whale accumulation, and SOPR (an on-chain indicator measuring whether holders sell assets at a profit or loss).
