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Tulkot
Spain National Football Team Fan Token Drops After Euro Cup VictoryAccording to Foresight News, data from CoinMarketCap reveals that the Spain National Football Team Fan Token (SNFT) has experienced a significant decline following the team's victory in the European Championship. The token has fallen below 0.025 USDT, currently trading at 0.02483 USDT, marking a 24-hour decrease of 20.8%. The current market capitalization of SNFT stands at approximately 568,648 USDT.

Spain National Football Team Fan Token Drops After Euro Cup Victory

According to Foresight News, data from CoinMarketCap reveals that the Spain National Football Team Fan Token (SNFT) has experienced a significant decline following the team's victory in the European Championship. The token has fallen below 0.025 USDT, currently trading at 0.02483 USDT, marking a 24-hour decrease of 20.8%. The current market capitalization of SNFT stands at approximately 568,648 USDT.
Tulkot
Link Whales Acquire Over 10 Million Tokens Worth $120 MillionAccording to Odaily, on-chain analyst @ali_charts has reported that LINK whales have purchased more than 10 million tokens in the past two weeks. The total value of these acquisitions is estimated to be $120 million.

Link Whales Acquire Over 10 Million Tokens Worth $120 Million

According to Odaily, on-chain analyst @ali_charts has reported that LINK whales have purchased more than 10 million tokens in the past two weeks. The total value of these acquisitions is estimated to be $120 million.
Tulkot
Bitcoin Ecosystem Game MOBTC Officially LaunchedAccording to Odaily, the official announcement has been made that the Bitcoin ecosystem game, MOBTC, is now officially launched. MOBTC aims to promote the prosperity of the SRC-20 inscription game ecosystem.

Bitcoin Ecosystem Game MOBTC Officially Launched

According to Odaily, the official announcement has been made that the Bitcoin ecosystem game, MOBTC, is now officially launched. MOBTC aims to promote the prosperity of the SRC-20 inscription game ecosystem.
Tulkot
Ethglobal Announces Finalists For Brussels EventAccording to Odaily, ETHGlobal has announced the finalists for its Brussels event. The selected projects include BananaBets, Cook Some Hooks, Zarathustra, Tap Ether, Oh Snap!, Omma Cash, Piggy Wallet, AdFHE, Ephi, and Individuum.

Ethglobal Announces Finalists For Brussels Event

According to Odaily, ETHGlobal has announced the finalists for its Brussels event. The selected projects include BananaBets, Cook Some Hooks, Zarathustra, Tap Ether, Oh Snap!, Omma Cash, Piggy Wallet, AdFHE, Ephi, and Individuum.
Tulkot
Argentina Fan Token ARG Drops Over 36% After Copa America VictoryAccording to Odaily, CoinMarketCap data reveals that the price of Argentina's fan token ARG has plummeted by more than 36% in the past 24 hours, reaching $1.30. This significant drop follows Argentina's 1-0 victory over Colombia in the Copa America final. Despite the win, the token's trading volume has exceeded $10 million within the same period.

Argentina Fan Token ARG Drops Over 36% After Copa America Victory

According to Odaily, CoinMarketCap data reveals that the price of Argentina's fan token ARG has plummeted by more than 36% in the past 24 hours, reaching $1.30. This significant drop follows Argentina's 1-0 victory over Colombia in the Copa America final. Despite the win, the token's trading volume has exceeded $10 million within the same period.
Tulkot
AUSTRAC Report Highlights Increase In Illegal Cryptocurrency Use In AustraliaAccording to Odaily, the latest research report from the Australian financial intelligence agency AUSTRAC reveals a rise in the illegal use of cryptocurrencies in the country. The 2024 AUSTRAC National Risk Assessment on Money Laundering details the methods criminals use for laundering money, highlighting a significant increase in the criminal use of digital currencies, digital currency exchanges, and unregistered remittance services. The report calls for enhanced regulatory measures to address these growing concerns.

AUSTRAC Report Highlights Increase In Illegal Cryptocurrency Use In Australia

According to Odaily, the latest research report from the Australian financial intelligence agency AUSTRAC reveals a rise in the illegal use of cryptocurrencies in the country. The 2024 AUSTRAC National Risk Assessment on Money Laundering details the methods criminals use for laundering money, highlighting a significant increase in the criminal use of digital currencies, digital currency exchanges, and unregistered remittance services. The report calls for enhanced regulatory measures to address these growing concerns.
Tulkot
Bitcoin Spot ETFs Surpass MicroStrategy HoldingsAccording to Odaily, two Bitcoin spot ETFs have now exceeded the holdings of MicroStrategy. BlackRock's IBIT holds 316,284 Bitcoins, while Grayscale's GBTC possesses 273,726 Bitcoins.

Bitcoin Spot ETFs Surpass MicroStrategy Holdings

According to Odaily, two Bitcoin spot ETFs have now exceeded the holdings of MicroStrategy. BlackRock's IBIT holds 316,284 Bitcoins, while Grayscale's GBTC possesses 273,726 Bitcoins.
Tulkot
Wemade Plans To Sell Lightscale Shares And Resign As Major ShareholderAccording to Odaily, South Korean gaming company Wemade has announced its intention to sell its shares in its subsidiary, Lightscale, and resign from its position as the major shareholder. Lightscale is a South Korean blockchain project developer. The virtual asset industry interprets this move as a step by Wemade to scale down its blockchain business.

Wemade Plans To Sell Lightscale Shares And Resign As Major Shareholder

According to Odaily, South Korean gaming company Wemade has announced its intention to sell its shares in its subsidiary, Lightscale, and resign from its position as the major shareholder. Lightscale is a South Korean blockchain project developer. The virtual asset industry interprets this move as a step by Wemade to scale down its blockchain business.
Tulkot
Spay Launches VIP Card And Multi-Chain Wallet To Bridge Web2 And Web3According to Odaily, Spay has recently announced the launch of its Spay VIP Card and SSS Multi-Chain Wallet, aiming to break traditional financial barriers and connect Web2 with Web3. The Spay VIP Card supports real-time cryptocurrency to fiat currency conversion, is globally usable, and offers USP Spay points as rewards. The SSS Multi-Chain Wallet provides secure transfers, digital asset management, and SWAP transaction functions, facilitating the transition of Web2 users into the Web3 world. Spay is backed by the S Foundation and Asia Digital Gold, focusing on integrating billions of unbanked individuals into the global financial system through secure and convenient payment solutions. With its innovative products, Spay aims to promote the adoption and development of crypto payments.

Spay Launches VIP Card And Multi-Chain Wallet To Bridge Web2 And Web3

According to Odaily, Spay has recently announced the launch of its Spay VIP Card and SSS Multi-Chain Wallet, aiming to break traditional financial barriers and connect Web2 with Web3. The Spay VIP Card supports real-time cryptocurrency to fiat currency conversion, is globally usable, and offers USP Spay points as rewards. The SSS Multi-Chain Wallet provides secure transfers, digital asset management, and SWAP transaction functions, facilitating the transition of Web2 users into the Web3 world.

Spay is backed by the S Foundation and Asia Digital Gold, focusing on integrating billions of unbanked individuals into the global financial system through secure and convenient payment solutions. With its innovative products, Spay aims to promote the adoption and development of crypto payments.
Tulkot
Bitcoin's Local Bottom Formed, Says Collective Shift FounderAccording to Odaily, Ben Simpson, the founder of the crypto education platform Collective Shift, has stated that Bitcoin's 'local bottom' has now formed and is on an upward trend. Simpson highlighted that Bitcoin's price has been significantly impacted by substantial 'forced selling,' primarily due to the German government's sale of nearly $3 billion worth of Bitcoin and negative sentiment surrounding the repayment of approximately $8.5 billion to Mt.Gox creditors. Simpson remarked, 'Overall, I just feel there is a significant mismatch between market sentiment and fundamentals.' Looking ahead, he anticipates several key positive factors for Bitcoin's price in the coming weeks and months. These include Federal Reserve Chairman Jerome Powell hinting at a potential interest rate cut soon, the S&P 500 reaching new highs, and strong inflows into Bitcoin ETFs.

Bitcoin's Local Bottom Formed, Says Collective Shift Founder

According to Odaily, Ben Simpson, the founder of the crypto education platform Collective Shift, has stated that Bitcoin's 'local bottom' has now formed and is on an upward trend. Simpson highlighted that Bitcoin's price has been significantly impacted by substantial 'forced selling,' primarily due to the German government's sale of nearly $3 billion worth of Bitcoin and negative sentiment surrounding the repayment of approximately $8.5 billion to Mt.Gox creditors.

Simpson remarked, 'Overall, I just feel there is a significant mismatch between market sentiment and fundamentals.' Looking ahead, he anticipates several key positive factors for Bitcoin's price in the coming weeks and months. These include Federal Reserve Chairman Jerome Powell hinting at a potential interest rate cut soon, the S&P 500 reaching new highs, and strong inflows into Bitcoin ETFs.
Tulkot
WooFi Pro Trading Volume Surpasses $35 BillionAccording to Foresight News, official data reveals that the trading volume of the order book-based Perps protocol, WooFi Pro, has exceeded $35 billion.

WooFi Pro Trading Volume Surpasses $35 Billion

According to Foresight News, official data reveals that the trading volume of the order book-based Perps protocol, WooFi Pro, has exceeded $35 billion.
Tulkot
Ransomware Group BlackSuit Receives $25 Million Bitcoin RansomAccording to Odaily, blockchain investigator ZachXBT revealed that the ransomware group BlackSuit received over $25 million in Bitcoin ransom following their June attack on CDK Global. The attack reportedly impacted around 15,000 car dealerships in the United States. While CDK Global has not confirmed the ransom payment, most of its clients have resumed online services. Chainalysis noted that the total amount paid in crypto-related ransomware in 2023 has exceeded $1 billion.

Ransomware Group BlackSuit Receives $25 Million Bitcoin Ransom

According to Odaily, blockchain investigator ZachXBT revealed that the ransomware group BlackSuit received over $25 million in Bitcoin ransom following their June attack on CDK Global. The attack reportedly impacted around 15,000 car dealerships in the United States. While CDK Global has not confirmed the ransom payment, most of its clients have resumed online services. Chainalysis noted that the total amount paid in crypto-related ransomware in 2023 has exceeded $1 billion.
Tulkot
Monero Dominates Payments for European Online Retailer Shopinbit in JuneAccording to Odaily, European online retailer Shopinbit, which offers over one million products, announced this week on X that Monero (XMR) was the primary payment method in June. The post revealed that 74.54% of transactions were settled using Monero, while 23.64% were paid with Bitcoin. Shopinbit, established in 2018, provides a wide range of products including sports equipment, electronics, toys, bicycles, outdoor gear, and pet supplies, and accepts cryptocurrency payments.

Monero Dominates Payments for European Online Retailer Shopinbit in June

According to Odaily, European online retailer Shopinbit, which offers over one million products, announced this week on X that Monero (XMR) was the primary payment method in June. The post revealed that 74.54% of transactions were settled using Monero, while 23.64% were paid with Bitcoin. Shopinbit, established in 2018, provides a wide range of products including sports equipment, electronics, toys, bicycles, outdoor gear, and pet supplies, and accepts cryptocurrency payments.
Tulkot
Ethereum And BASE Chain Meme Coin MOG Hits All-Time HighAccording to BlockBeats, on July 15, the Meme coin MOG on Ethereum and BASE chains briefly surged to $0.0000021, marking a new all-time high. The current price stands at $0.000002065, reflecting an increase of over 17% in the past 24 hours. BlockBeats advises users to exercise caution, noting that Meme tokens lack practical use cases and are subject to significant price volatility.

Ethereum And BASE Chain Meme Coin MOG Hits All-Time High

According to BlockBeats, on July 15, the Meme coin MOG on Ethereum and BASE chains briefly surged to $0.0000021, marking a new all-time high. The current price stands at $0.000002065, reflecting an increase of over 17% in the past 24 hours.

BlockBeats advises users to exercise caution, noting that Meme tokens lack practical use cases and are subject to significant price volatility.
Tulkot
Bonk DAO Burns 84 Billion BONK TokensAccording to Odaily, BONK DAO announced on X that a proposal to burn approximately 84 billion BONK tokens from its treasury has been approved and executed. Previously, BONK DAO had received a proposal suggesting the destruction of these tokens, which were sent to the DAO by BONKBot during the second quarter. All BONK tokens locked in BonkRewards are now eligible to participate in community proposal voting.

Bonk DAO Burns 84 Billion BONK Tokens

According to Odaily, BONK DAO announced on X that a proposal to burn approximately 84 billion BONK tokens from its treasury has been approved and executed. Previously, BONK DAO had received a proposal suggesting the destruction of these tokens, which were sent to the DAO by BONKBot during the second quarter. All BONK tokens locked in BonkRewards are now eligible to participate in community proposal voting.
Tulkot
Polyhedra Network Conducts System Upgrade for Staking ProgramAccording to Foresight News, Polyhedra Network has announced via a tweet that it has commenced a system upgrade for its staking program today at 11:30 AM Beijing time. During this upgrade, certain functionalities on the Polyhedra Network token staking program page may be temporarily unavailable. The upgrade is expected to last approximately one hour.

Polyhedra Network Conducts System Upgrade for Staking Program

According to Foresight News, Polyhedra Network has announced via a tweet that it has commenced a system upgrade for its staking program today at 11:30 AM Beijing time. During this upgrade, certain functionalities on the Polyhedra Network token staking program page may be temporarily unavailable. The upgrade is expected to last approximately one hour.
Tulkot
Metaplanet Expands Bitcoin Holdings Amid Economic PressuresAccording to CryptoPotato, Metaplanet, an investment firm based in Japan, has made a significant Bitcoin purchase worth 42.4 Bitcoin for ¥400 million ($2.4 million). This acquisition comes as Bitcoin trades at $57,652, down 8% over the last week, struggling to reclaim the $60,000 mark. The latest purchase brings Metaplanet’s total Bitcoin holdings to over 203 BTC. Metaplanet’s decision to invest in Bitcoin is influenced by ongoing economic pressures within Japan, including high government debt levels, extended periods of negative real interest rates, and a persistently weak yen. The yen recently reached its lowest value against the U.S. dollar since 1986 and its weakest level against the euro on record. Survey data by Nomura indicates that more than 500 investment managers in Japan are actively considering putting funds into crypto, with half of the respondents open to utilizing stablecoins for settlements and daily transactions. To finance its Bitcoin acquisitions, Metaplanet recently issued the second series of ordinary bonds via EVO FUND, raising over $6.2 million. These bonds, carrying an annual interest rate of 0.5%, are set to mature on June 25, 2025. Although the bonds lack collateral, Metaplanet has secured them with a first-priority mortgage on the land and building of Hotel Royal Oak Gotanda, owned by its subsidiary Wen Tokyo Inc. After the Tokyo Stock Exchange closed on Monday, July 1, Metaplanet announced its acquisition of an additional 20.195 BTC for 200 yen (approximately $1.2 million). This followed a previous purchase of 250 million yen worth of the cryptocurrency in June. Despite its relatively modest size, valued at $97 million, Metaplanet’s move aligns with a growing trend among companies to include Bitcoin as a strategic asset on their balance sheets. This trend includes large companies such as MicroStrategy, which currently holds 226,331 BTC valued at $14.1 billion as of July 2024. The company has been increasing its Bitcoin holdings, acquiring 11,931 BTC for $786 million between April and June. The growing attraction to Bitcoin reflects increased mainstream acceptance amid fluctuating crypto market sentiments, including potential asset liquidations from Mt. Gox and regulatory changes in Germany.

Metaplanet Expands Bitcoin Holdings Amid Economic Pressures

According to CryptoPotato, Metaplanet, an investment firm based in Japan, has made a significant Bitcoin purchase worth 42.4 Bitcoin for ¥400 million ($2.4 million). This acquisition comes as Bitcoin trades at $57,652, down 8% over the last week, struggling to reclaim the $60,000 mark. The latest purchase brings Metaplanet’s total Bitcoin holdings to over 203 BTC.

Metaplanet’s decision to invest in Bitcoin is influenced by ongoing economic pressures within Japan, including high government debt levels, extended periods of negative real interest rates, and a persistently weak yen. The yen recently reached its lowest value against the U.S. dollar since 1986 and its weakest level against the euro on record. Survey data by Nomura indicates that more than 500 investment managers in Japan are actively considering putting funds into crypto, with half of the respondents open to utilizing stablecoins for settlements and daily transactions.

To finance its Bitcoin acquisitions, Metaplanet recently issued the second series of ordinary bonds via EVO FUND, raising over $6.2 million. These bonds, carrying an annual interest rate of 0.5%, are set to mature on June 25, 2025. Although the bonds lack collateral, Metaplanet has secured them with a first-priority mortgage on the land and building of Hotel Royal Oak Gotanda, owned by its subsidiary Wen Tokyo Inc.

After the Tokyo Stock Exchange closed on Monday, July 1, Metaplanet announced its acquisition of an additional 20.195 BTC for 200 yen (approximately $1.2 million). This followed a previous purchase of 250 million yen worth of the cryptocurrency in June. Despite its relatively modest size, valued at $97 million, Metaplanet’s move aligns with a growing trend among companies to include Bitcoin as a strategic asset on their balance sheets. This trend includes large companies such as MicroStrategy, which currently holds 226,331 BTC valued at $14.1 billion as of July 2024. The company has been increasing its Bitcoin holdings, acquiring 11,931 BTC for $786 million between April and June.

The growing attraction to Bitcoin reflects increased mainstream acceptance amid fluctuating crypto market sentiments, including potential asset liquidations from Mt. Gox and regulatory changes in Germany.
Tulkot
Bond Traders Anticipate Significant Fed Rate Cut in SeptemberAccording to BlockBeats, bond traders are increasingly betting on a 50 basis point rate cut by the Federal Reserve in September, rather than the standard 25 basis points. Marilyn Watson, Head of Global Fundamental Fixed Income Strategy at BlackRock, indicated that the Fed is likely to reduce rates in September but also suggested that action could be taken as early as July. Data from CME Group Inc. shows that last Thursday's futures trading volume reached nearly 260,000 contracts, setting a record for October contracts. Buying interest remained high on Friday, with higher-priced purchases indicating a growing belief that the Fed might initiate its first easing cycle in years with a substantial move. Last week, Federal Reserve officials were perceived to have given their strongest signal yet of an impending rate cut. During public appearances, including two congressional testimonies by Fed Chair Jerome Powell, officials displayed newfound confidence when discussing their control over inflation and readiness to shift policy. Pimco economist Tiffany Wilding stated that following last week's data releases, a rate cut in September is now a certainty.

Bond Traders Anticipate Significant Fed Rate Cut in September

According to BlockBeats, bond traders are increasingly betting on a 50 basis point rate cut by the Federal Reserve in September, rather than the standard 25 basis points. Marilyn Watson, Head of Global Fundamental Fixed Income Strategy at BlackRock, indicated that the Fed is likely to reduce rates in September but also suggested that action could be taken as early as July. Data from CME Group Inc. shows that last Thursday's futures trading volume reached nearly 260,000 contracts, setting a record for October contracts. Buying interest remained high on Friday, with higher-priced purchases indicating a growing belief that the Fed might initiate its first easing cycle in years with a substantial move.

Last week, Federal Reserve officials were perceived to have given their strongest signal yet of an impending rate cut. During public appearances, including two congressional testimonies by Fed Chair Jerome Powell, officials displayed newfound confidence when discussing their control over inflation and readiness to shift policy. Pimco economist Tiffany Wilding stated that following last week's data releases, a rate cut in September is now a certainty.
Tulkot
Bitcoin ETF Sees Significant Inflows in Week 27According to Odaily, the 27th week of the year saw substantial net inflows into U.S. Bitcoin spot ETFs, exceeding $1 billion. The trading volume for these ETFs reached $6.9 billion. Notably, BlackRock's IBIT ETF experienced net outflows on only one of the 126 trading days, with an average daily inflow of $145 million.

Bitcoin ETF Sees Significant Inflows in Week 27

According to Odaily, the 27th week of the year saw substantial net inflows into U.S. Bitcoin spot ETFs, exceeding $1 billion. The trading volume for these ETFs reached $6.9 billion. Notably, BlackRock's IBIT ETF experienced net outflows on only one of the 126 trading days, with an average daily inflow of $145 million.
Tulkot
Crypto Fear And Greed Index Rises To Neutral StateAccording to Foresight News, alternative data indicates that the cryptocurrency Fear and Greed Index has risen to 52 today. This marks an increase from yesterday's reading of 33, which was categorized as a 'fear' state. The current index level suggests that the market is now in a 'neutral' state.

Crypto Fear And Greed Index Rises To Neutral State

According to Foresight News, alternative data indicates that the cryptocurrency Fear and Greed Index has risen to 52 today. This marks an increase from yesterday's reading of 33, which was categorized as a 'fear' state. The current index level suggests that the market is now in a 'neutral' state.
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