GateUser-06070724

The cryptocurrency market is seeing an attempt to break the 11-month downward trend in the ETH/BTC pair.
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Circle has received approval to establish a National Trust Bank in the United States. This is a significant step for the company, which continues to expand its financial services in the cryptocurrency space.
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A user lost 999,999 USDT after signing a fake transaction on the Ethereum network.
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Bitcoin and Ethereum stocks on exchanges have fallen to near historical lows - BTC's lowest since 2017, and ETH's lowest since 2015.
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Tether destroyed 2.5 billion USDT in the Ethereum network.
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Strategy sold 3,588 BTC this time, significantly more than in previous cases. This event had a significant negative impact on the crypto market.
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Aptos, known as the "Solana killer", has lost 97.4% from its peak in 2023-2024.
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Twitter users are actively discussing and predicting the imminent arrival of the alt season.
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There is an 82.4% chance that the Fed will leave rates unchanged at its July meeting. This may already be factored into the BTC price.
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While altcoins are stalling and tens of billions are leaving decentralized finance protocols, the tokenized stock segment has grown from $20 million to $1.4 billion in a year and a half.
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By the end of June, Bitcoin had fallen by approximately 20%, falling below $60,000. This was its worst monthly performance in four years.
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Currently, 82% of all Bitcoins are held by long-term investors. This increases the risk of Bitcoin price manipulation.
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Interestingly, every time Bitcoin declined in May and June, July traditionally turned positive. While this doesn't guarantee a repeat, it's a noteworthy trend.
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Elon Musk has lost twice the net worth of Jeff Bezos. However, his current net worth is still more than three times Bezos's.
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Ripple CEO Brad Garlinghouse said he remains bullish on Bitcoin, but called Strategy's model of funding cryptocurrency purchases by issuing preferred shares harmful to the market.
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The amount of BTC in losses has reached a record high.
Currently, over 10.83 million BTC are in losses, a record high.
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Wall Street vs. Saylor.
There's a theory that the current pressure on BTC is directed against the Strategy ecosystem.
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In terms of the depth of decline from their peaks, precious metals and oil are now little different from cryptocurrencies.
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Analysts note that institutional investors have once again intensified BTC selling on Coinbase. This is contrary to the typical market behavior at a bottom.
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BTC falls below Rainbow Chart's lowest zone for first time since FTX crash - "Basically a Fire Sale!"
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