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DappRadar warned that the surge in dUAW may be unsustainable, attributing part of the growth to “airdrop farming” activities.
Bitcoin is expected to witness a Q3 lull due to uncertainty over Mt. Gox repayment impact.
After two consecutive trading days of net outflows, US-based spot bitcoin ETFs on July 5 saw the largest net inflows since June 6, thirty days ago, largely led by gains to Fidelity’s FBTC fund, Coinglass data shows.“The outlook for Bitcoin has never been stronger,” Bitwise’s CEO posted on X.
Share link:In this post: Grayscale’s survey shows a 25% increase in US investor interest in Ethereum if a spot ETF is approved. Inflation and financial stability are driving increased interest in cryptocurrencies, especially among younger and minority groups. Cryptocurrencies have bipartisan support, with both Republicans and Democrats showing similar ownership rates and interest.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based
- 14:03U.S. Treasury Secretary Bessent downplays stock market decline, calling it a "short-term" reactionAccording to NBC News: US Treasury Secretary Bessent downplayed the stock market decline, calling it a "short-term" reaction.
- 14:02Bitget Wallet Chinese Region Spokesperson: Trump's promise lacks efficiency in midterm fulfillment, making it difficult to support a continuous upward trendDuring the "Web3 Future Night" event held at the Hong Kong Web3 Carnival, KajiQ, the official spokesperson for Bitget Wallet in the Chinese-speaking region, stated in a roundtable on "2025 Crypto New Trends" that Bitcoin's spot ETF approval has brought short-term trading opportunities and is one of the important reasons pushing BTC close to 100,000 US dollars. However, it also weakened the independence and speculation of the crypto market. She also pointed out that Trump released many favorable conditions but lacked efficiency in realizing them in medium term which makes it difficult to support a continuous upward trend. Meanwhile, altcoins did not significantly benefit from macroeconomic advantages.
- 14:01Ethereum plunged to $1738.62, hitting a new low since October 24, 2023.Market data, Ethereum briefly "dipped" to $1738.62, hitting a new low since October 24, 2023. It has now rebounded to $1749, with a 24-hour drop of 2.04%.