Forced liquidation of $110 million in futures positions in the last hour
Major exchanges saw $110 million in futures positions forcibly liquidated in the last hour.
In the past 24 hours, $607 million in futures positions were forcibly liquidated.
US Government to Release Cryptocurrency Report on 7/30
Watcher Guru reported that the US government is scheduled to release a cryptocurrency report on July 30 (local time). Previously, CryptoInAmerica host Eleanor Terrett had mentioned that the cryptocurrency report would be made public by the end of this month.
Aave Whales Withdrew $1.7 Billion ETH Last Week
DL News reported that DeFi whales withdrew $1.7 billion worth of ETH from Aave last week. As a result, the loan interest rate temporarily exceeded 10%.
ETH Spot Trading Volume Surpasses BTC for First Time in Over a Year
CryptoQuant stated, "For the first time in over a year, ETH spot trading volume has exceeded BTC volume. Last week, ETH spot trading volume was $25.7 billion, while BTC was $24.4 billion. Investors are moving towards ETH and altcoins."
Trump's WLFI Purchases 560 ETH
On-chain Lens reported that Trump's World Liberty Financial (WLFI) additionally purchased 560.71 ETH. The average purchase price is $3,567.
Prometheum CEO: "Some Tokenized Assets Are Merely Gambling"
Aaron Kaplan, CEO of US digital asset platform Prometheum, told Decrypt in an interview that "while real-world asset (RWA) tokenization can revolutionize finance, some are essentially an abstract form of gambling."
Block Officially Included in S&P500
Jack Dorsey's payment company Block (formerly Square) was officially included in the S&P500 index today. Block currently holds 8,584 BTC.
Aspecta Reveals Tokenomics with 7.6% TGE Airdrop
Aspecta, an AI-based decentralized identity (ID) solution project scheduled for TGE today at 7 PM (Korean time), has revealed its ASP tokenomics. The airdrop check and claim page will open at 4 PM today.
- Total supply: 1 billion
- Initial circulating supply: 23%
- Community & Ecosystem: 45% (TGE Airdrop 7.6%), Backers: 20%, Early Contributors: 15%, Liquidity: 3%, Foundation: 17%
Coinbase Lists JITOSOL and MPLX
Coinbase announced the listing of JITOSOL and MPLX.
Jim Cramer: "Want to Hold BTC, ETH for My Children"
CNBC Mad Money host Jim Cramer said, "I want to hold BTC and ETH for my children because they are a hedge against US debt."
Nasdaq-listed UCAR Joins IoTeX Ecosystem
IoTeX (IOTX) reported that Nasdaq-listed electric vehicle company UCAR has joined the IoTeX ecosystem. They plan to bring battery replacement and charging infrastructure on-chain and tokenize real-world assets.
Walrus Launches Quilt, a Small File Storage on Sui
Sui (SUI) announced, "The data layer has been further upgraded. Walrus (WAL) has launched Quilt, a seamless native small file storage for NFTs, AI data, logs, etc. It was designed for next-generation on-chain apps."
Global E-Sports Team TeamLiquid Releases First NFT on Sui
Global e-sports team TeamLiquid announced the launch of its first Non-Fungible Token capsule on the Sui blockchain to commemorate its 25th anniversary. It can be minted for free without a separate wallet.
Pump.fun Founder: "No Immediate PUMP Airdrop Plans"
Alon, founder of Solana-based meme coin issuance platform Pump.fun, stated in a Twitch interview that there are no plans for a PUMP airdrop.
Russia-Ukraine Peace Negotiations End
TASS news agency reported that the Istanbul peace negotiations between Russia and Ukraine have concluded.
Russia-Ukraine Talks Begin
TASS news agency reported that Russia and Ukraine have started talks.
FT: "US-EU Tariff Agreement of 15% Imminent"
Financial Times reported that a US-EU tariff agreement of 15% is imminent.
US Treasury Secretary: "Expecting 1-2 Rate Cuts This Year"
US Treasury Secretary Scott Bessent said he expects one or two rate cuts this year.
US Stock Indices Close Higher
US stock indices closed higher.
S&P500: +0.78%
Nasdaq: +0.60%
Dow: +1.1%
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