Bitcoin and Ether ETFs Snap an Eight-Week Outflow Run
Spot bitcoin and ether funds took in a combined $281.8M in the week to July 10, the first positive week after $9.46B of withdrawals.
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Bitcoin ETFs Snap a $509M Inflow Run as Ether Funds Extend Theirs
US spot bitcoin ETFs shed about $85 million on Wednesday, ending a three-day inflow run, while ether funds pulled in $70 million as both assets fell 3%.
EDX Markets Raises $76M in a Round Led by SBI Holdings
The non-custodial exchange raised $76 million led by SBI Holdings, with no valuation disclosed, and said it will apply for a US national trust bank charter.
Binance's Weekly Net Outflows Triple to $1.23B
Binance saw $1.23 billion in net outflows in the week from June 29, up 207%, as ETH withdrawal transactions hit their highest daily count since March 2023.
XRP Passes USDC to Become the Fifth-Largest Crypto
XRP rose 5.3% to $1.18 on July 4, lifting its market value to about $73 billion and past USDC into fifth place, with Santiment's MVRV gauges at historic lows.
Bitcoin Retakes $63,000 for the First Time in Two Weeks
Bitcoin rose 1.4% on July 4 to clear $63,000, a two-week high, with ether up 11.5% and solana 13.2% over seven days in thin holiday trading.
A Weak Payrolls Print Pushes the First Rate Hike to October
June payrolls came in at 57,000 against a 110,000 forecast, moving the first Fed hike out to October. Bitcoin held near $61,600, with solana up 17% on the week.
More Bitcoin Is Held at a Loss Than in Profit for the First Time
On-chain data on July 3 put 10.83M BTC below their last traded price against 9.22M above it, the first such crossover this cycle, with bitcoin near $62,000.
Memecore Leads a Small-Cap Rally as TAIKO Doubles
Memecore's M gained 81% on July 2 and TAIKO roughly doubled to $0.38 as the layer-2 reopened the cross-chain bridge it froze after June's $1.7M exploit.
Bitcoin Jumps 4% in the Selloff's First Real Bounce
Bitcoin rose 4% to $61,200 and the CoinDesk 20 gained 4.77%, with open interest and funding rates turning in a way June's brief rallies never did.
Securitize Debuts on the NYSE After a $400M SPAC Merger
Securitize began trading on the NYSE as SECZ on July 2, a day after closing a roughly $400M SPAC merger with Cantor Equity Partners II.
Bitcoin Prints a Cycle Low at $57,735, Then Reclaims $60,000
Bitcoin bottomed at $57,735 on the first day of July, then a spot buying surge carried it back above $60,000, closing a first half down about 30%.