News linked to this event type.
Miller Tabak strategist Matt Maley and 22V Research technical strategist John Roque believe Bitcoin is at a key technical indicator level.Matt Maley stated that if Bitcoin declines further from its current level of around $60,000, it could amplify negative investor sentiment. Although Wall Street firms continue to invest in digital assets, retail investors, who have historically been the main force driving cryptocurrency rallies, have shifted their focus to high-growth AI and tech stocks. Recent significant outflows from Bitcoin ETFs indicate waning investor enthusiasm. Cryptocurrencies are also showing signs of decoupling from the stock market.John Roque noted that Bitcoin is retesting its first downside target of $60,000. If it breaks below this level, it implies a potential drop to $400,000. Matt Maley added that Congress might pass a crypto structure bill with clearer rules, which would reduce uncertainty and encourage institutional participation in the long run. Furthermore, Bitcoin ETFs experienced their largest monthly outflow since 2024 recently. (CNBC)
ETF analyst Dave Nadig issued a warning that current total assets of leveraged ETFs have reached a record high. With large amounts of capital continuing to pour into the leveraged single-stock product sector, the larger the capital scale, the more significant the pro-cyclical trading effect will become, potentially further amplifying the magnitude of price gains and losses during market volatility. Potential systemic risks warrant close attention.
Odaily reports, according to Onchain Lens monitoring, a whale deposited 2 million USDC into HyperLiquid and opened a long position on 31,255 CL with 1x leverage. The whale has previously incurred losses exceeding $4.06 million.
on-chain analyst Ai Yi posted on platform X, stating that a user purchased $5.455 million worth of SKHYNIX in a single transaction on Binance, causing the SKHYNIX futures contract price to instantly spike to $1,830 before falling back to $1,786.
Citrini analyst jukan stated on X platform that early warning signals have emerged in the procurement of high-purity carbon dioxide (CO2) used in advanced semiconductor manufacturing processes, due to a significant decline in feedstock CO2 production caused by lower operating rates at oil refineries and petrochemical plants.Semiconductor manufacturers and suppliers typically each hold about two weeks of inventory, totaling approximately one month of supply. However, the industry now believes that inventory levels have fallen below one month. Samsung Electronics uses roughly 1,800 to 2,000 tons of high-purity CO2 per month, while SK Hynix uses about 600 to 700 tons per month. Currently, Samsung Electronics and SK Hynix have not experienced production disruptions, but inventory buffers continue to shrink. Both companies are intensifying their procurement efforts, though additional supply remains difficult to secure even at higher prices.The price of liquefied CO2 has risen about 20% since the beginning of the year, and the industry expects supply constraints to likely persist until the end of the year. Major domestic high-purity CO2 suppliers include Taekyung Chemical, Sundo Chemical, Dongkwang Chemical, and SK Air Plus, with Taekyung Chemical considered the leading player.
Odaily reports, according to on-chain analyst Ai Yi's monitoring, ANSEM, launched 11 days ago, reached $60 million today. Address CxCTV…ZrdtT began buying 2 hours after the Meme's launch, spending only $2,330 to build a position at $0.0001638. It has now taken profit on 33.5% of its holdings at $0.02041, accumulating total profits of $659,000, representing a return rate of 28,295.9%.
According to Lookonchain monitoring, trader 2M2vLX turned $4,050 into $539,000 in 10 days, achieving a return of 135 times. Ten days ago, the trader spent 56.4 SOL to purchase 25.99 million ANSEM for $4,050. Today, after ANSEM's price increased, the trader sold all 25.99 million ANSEM for 7,649 SOL, worth $539,000, locking in a profit of 7,593 SOL, valued at $535,000.
according to Lookonchain monitoring, a trader (CxCTVj) spent 2,330 USD to buy 14.2 million ANSEM. They have since sold 4.2 million ANSEM for 68,100 USD and still hold 10 million ANSEM (valued at 548,800 USD). The trader's total profit now stands at 614,500 USD, representing a 261x return.
Odaily, Trader @nft_hu posted on X platform stating that ByteDance's AI capital expenditure has recently been significantly raised. According to the latest reports, ByteDance is discussing investing up to approximately $70 billion in capital expenditure for data centers and AI infrastructure in 2026, with part of the funds coming from its estimated $50 billion profit in 2025; in a more aggressive internal plan, there has also been discussion about further increasing capital expenditure in 2027 to a magnitude of $89 billion to $100 billion.
The report states that this indicator suggests the market is entering a bottoming-out phase, possibly presenting a strategically significant accumulation opportunity.
according to Lookonchain monitoring, Machi Big Brother (@machibigbrother) sold 34 Bored Ape Yacht Club NFTs for 326 ETH ($5.14 million) in the past month, incurring a loss of 399 ETH ($6.31 million). Among them, Bored Ape #6057 was purchased 4 years ago for 76.84 ETH and has now been sold for 7.65 ETH, a loss of 90%.During the same period, his ETH long positions on Hyperliquid were liquidated multiple times. After the most recent liquidation 3 hours ago, his account balance dropped to $81,000.
According to Cointelegraph, Fidelity Digital Assets has rebutted concerns in a new research report that Bitcoin’s long-term security will deteriorate as mining rewards decline, asserting that the network’s economic incentives remain sufficient to secure the blockchain over the long term. Authored by Fidelity research analyst Daniel Gray, the report reiterates that Bitcoin’s security depends not only on block rewards but also on transaction fees and market-driven economic incentives, which will continue to motivate miners to protect the network—and render sustained attacks prohibitively costly. The report challenges a longstanding critique that Bitcoin’s security is weakened every four years by the halving event, which reduces new coin issuance. It notes that since April 20, 2024, Bitcoin miners have received a subsidy of 3.125 BTC per block—down from 6.25 BTC in the previous halving cycle—but this reduction in issuance has not translated into diminished miner incentives, as Bitcoin’s price appreciation has more than offset the decline in block rewards. Gray points out that average daily miner revenue has surged from approximately $26,300 during Bitcoin’s first halving cycle to over $40.2 million today. The report also notes that although Fidelity views the long-term incentive structure as sound, many publicly listed mining companies are currently facing financial pressure, with some diversifying into artificial intelligence and high-performance computing. VanEck recently
according to on-chain analyst Yu Jin’s monitoring, whale sat0shi777 (0x50b...9f20) opened a long position of 468 BTC at a price of $62,729 on the 24th, valued at $29.38 million. Subsequently, BTC dropped below $60,000. Yesterday morning, after the decline, it opened a short position of 47,500 ETH at a price of $1,536, valued at $72.94 million. After that, ETH did not continue to decline.Currently, its positions worth $102 million are simultaneously experiencing floating losses, with the BTC long position floating a loss of $1.86 million and the ETH short position floating a loss of $1.23 million.
The Kobeissi Letter posted an analysis pointing out that since April, US gold and Bitcoin-related ETFs have seen cumulative net outflows of approximately $12 billion, while semiconductor ETFs recorded net inflows of about $20 billion over the same period, with capital clearly concentrating on tech growth sectors. This trend accelerated further in mid-May: outflows from gold and Bitcoin ETFs more than tripled, while inflows into semiconductor ETFs doubled. In terms of market performance, the world's largest gold ETF, GLD, has fallen about 13% since early April, while the Bitcoin ETF IBIT has dropped approximately 12% over the same period. In contrast, semiconductor ETFs SOXX and SMH have risen by roughly 81% and 60%, respectively. The analysis suggests that the current market exhibits a clear "risk appetite shift," with retail capital accelerating its flow from safe-haven assets and crypto assets into high-growth semiconductor and AI-related sectors, driving the market in an unprecedented manner.
Odaily Odaily News Trader Ansem stated on platform X that there are currently enough high-quality tokens on the market, so he has no immediate plans to issue a personal token but will airdrop the creator fees allocated to his Pump.fun personal page.Ansem stated that users who retweet the relevant post, follow his Pump.fun page, and comment with their own Pump.fun profile will have the opportunity to participate in a weekly random airdrop.Additionally, Ansem revealed that his creator fee share alone over the past week was approximately $200,000. He believes that using this portion of income for airdrops could replicate the market stimulus effect of the Jito airdrop in 2023 and could potentially serve as a catalyst to ignite a new bull run for Solana. However, he also pointed out that Pump.fun still needs to address the user experience issue regarding batch claims for airdrops.
受永续合约等新型交易产品快速发展影响，投资者持续抛售传统交易所运营商股票。洲际交易所（ICE）和芝商所集团（CME）本周均进入技术性超卖区间，RSI 指标降至 24.4。
According to Farside Investors data, U.S. spot Bitcoin ETFs recorded a combined net outflow of $1.7873 billion this week. Specifically, BlackRock’s IBIT, Fidelity’s FBTC, and Grayscale’s GBTC saw net outflows of $1.304 billion, $315 million, and $135 million, respectively.
Nasdaq confirmed that SpaceX will be officially added to the Nasdaq-100 Index on July 7. JPMorgan estimates this move could generate approximately $4.3 billion in passive inflows for the company, with related index funds passively increasing their holdings of its stock.
Odaily Ripple CEO Brad Garlinghouse stated in a recent CNBC interview that he remains long-term bullish on Bitcoin, while strongly criticizing Michael Saylor and his strategy of continuously purchasing Bitcoin by financing through preferred stock, arguing that this "financial engineering" approach is negatively impacting the crypto market.Garlinghouse pointed out that Strategy's reliance on issuing preferred stock (such as STRC) to raise funds for Bitcoin purchases essentially acts as a distraction in the market rather than creating long-term value. He emphasized: "Financial engineering does not create long-term value; the long-term value of digital assets comes from real utility." He specifically noted that STRC's stock price has fallen to a discount of approximately 25% from its par value, which he described as a "strong vote of no confidence" in that financing structure. Against the backdrop of market pressure this week, Strategy's common stock hit its lowest level since February 2024, and Bitcoin briefly fell below $59,000.On the market front, a CryptoQuant report indicated that if the dividend structure continues, Strategy's cash buffer has decreased from over seven years to approximately 14 months, suggesting a pause in Bitcoin purchases and a rebuilding of reserve funds. Currently, STRC trading below $100 has also rendered its "issue tokens—buy Bitcoin" funding flywheel temporarily ineffective. However, Benchmark-StoneX analyst Mark Palmer believes this model reflects more of a "decline in efficiency" rather than a systemic breakdown. Meanwhile, Ripple continues to adopt an industry-contrarian perspective, reiterating the distinct value path of its ecosystem asset XRP compared to Bitcoin. (CoinDesk)
Analyst Ai pointed out that over the past decade, Bitcoin's 200-week simple moving average (200-week SMA) has been regarded as a core indicator for judging "cycle bottoms." Historically, every time the price touched or fell below this moving average, it was accompanied by a long-term macro accumulation window, followed by a strong upward cycle. Reviewing historical performance:August 2015: Touched the 200-week MA and then started a bull run, with cumulative gains exceeding 8,500%December 2018: Bounced approximately 267% after testing this moving averageMarch 2020: Confirmed support after bottoming out due to the pandemic liquidity shock, followed by a rise of 1,125%June 2022: Fell below for the first time and remained below the moving average for a long period until reclaiming it in December, which triggered a rally of approximately 680%In the current market, the 200-week MA is located around $63,500, while Bitcoin's current price is trading below $60,000. Analysts believe this has already entered a typical long-term value accumulation zone.At the same time, analysts also caution that potential downside risks remain. In the short term, a pullback to $54,000 is possible, and in extreme cases, testing the $40,000 range cannot be ruled out. However, overall, adopting a Dollar-Cost Averaging (DCA) strategy for gradual position building is more suitable.Regarding key observation points, the $63,500 level is seen as the "bull-bear dividing line." If Bitcoin can firmly reclaim and confirm the 200-week MA as macro support on a higher time frame, historical patterns suggest it could signal that the early stages of a new bull cycle have already begun.