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On-Chain Metric Suggests $100K Was Bitcoin’s Bottom πŸ’‘

A key Bitcoin inflow/outflow volume metric indicates that $100K may mark the market bottom, as short sellers failed to push prices lower. While some analysts remain cautious, the data suggests strong support at current levels and potential for a renewed rally.

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Ethereum mega whales have boosted holdings by 9.3%, outpacing pre-2022 rally levels, as $ ETH eyes a breakout 🐳

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Prediction: Bitcoin Will Become a Reserve CurrencyπŸ’°

Bitcoin is not yet widely held by central banks but shares key traits with traditional reserve assets like gold. As global finance becomes more digital, analysts predict that within the next decade, some central banks may adopt Bitcoin as a reserve asset due to its value as a decentralized, long-term store of value and hedge against economic instability.

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Trump Trade Deal Imminent β€” Gold Slips While Bitcoin Holds FirmπŸ“£

spot gold (XAUUSD) briefly dropped below $3,300 before recovering to $3,304.12. The dip reflects rising market risk appetite as investors anticipate a breakthrough in U.S. trade negotiations, causing a sharp divergence between gold and Bitcoin prices.

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South Korea plans to include crypto companies in the category of start-ups to enjoy policy benefits

According to The Block, the Ministry of Small and Medium Venture Enterprises of South Korea issued an announcement today, announcing plans to amend the current "Special Act on the Promotion of Venture Enterprises" to allow virtual asset trading and brokerage service providers to register as "venture enterprises", thereby making them eligible for relevant government support policies.

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Ripple's stablecoin RLUSD has a market value of $500 million within 7 months of its launch

According to CoinGecko data, the US dollar stablecoin RLUSD launched by Ripple has a market value of $500 million within 7 months of its launch. The product is issued on XRP Ledger and Ethereum and ranks among the top 20 US dollar stablecoins, with a daily trading volume of approximately $26 million.

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GMX is suspected to have suffered a loss of approximately $42 million in assets, with the hacker's address receiving initial funding from Tornado.

According to on-chain analyst Yujin Monitoring, GMX may have been hacked approximately 1.5 hours ago, with assets worth about $42 million stolen, including WBTC/WETH/UNI/FRAX/LINK/USDC/USDT.

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Holding Bitcoin has been profitable for over 99.8% of its history.

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London BTC Company Limited is raising £1 million to £5 million, part of which will be used to increase its Bitcoin holdings😠

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H100 Group boosted its Bitcoin treasury with 46.93 BTC (now totaling 294.5 BTC) after raising SEK 516M in capital rounds led by backers like Adam Back and TOBAM πŸ“ˆ

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Bitcoin broke through $110,000, with a 24-hour price change of 1.11%.πŸ’°

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Smart Investors Say Ruvi AI (RUVI) Might Reach $1 Faster Than Dogecoin (DOGE), Backed by Audit and Early BonusesπŸ‘€

Dogecoin gained popularity through internet culture and hype, but Ruvi AI (RUVI) is emerging as a stronger investment due to its real-world utility, third-party audit, strategic partnerships, and impressive presale performance. Analysts believe RUVI could reach $1 per token faster than Dogecoin, thanks to its utility-focused approach and growing interest from investors seeking substantial returns.

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SEC Warns Tokenization Doesn’t Bypass Securities Laws ⚠️

SEC Commissioner Hester Peirce said tokenized assets must still follow securities laws, stressing that blockchain tech offers no β€œmagic exemption” from regulation.

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Bitcoin Bulls Target $150K After New High πŸ‚

Bitcoin hit a new high of $112K, with analysts now eyeing $150K driven by strong ETF inflows, bullish chart patterns, and rising investor confidence.

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Elon Musk's xAI officially launches Grok 4

Elon Musk's AI startup xAI announced the official launch of the AI model Grok 4.

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CryptoQuant analyst: Bitcoin's new high is driven by US buying, and the market's bullish sentiment may not be over yet

CryptoQuant analyst burakkesmeci said that the price of Bitcoin has reached a record high of $112,014, while the Coinbase premium gap has climbed to 42 points. This means that the price of buying Bitcoin on Coinbase is $42 higher than Binance, showing strong demand from US investors. It is worth noting that this premium is not the highest value this week. Last week, the gap reached 87.76 points, indicating stronger buying pressure.

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Glassnode: Bitcoin's current price surge is driven by the influx of bulls, with open interest rising accordingly

Glassnode stated in a post that during the latest Bitcoin (BTC) rally to $11.2k, short-sellers were once again hit, but this time active buying interest was also observed. Unlike the significant decrease in Open Interest (OI) of futures contracts during the late June rally, this time the OI positions actually increased β€” indicating new long positions entering the market, rather than just short covering driving the rally.

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Trump Tweets Touting Economic Performance: Cryptocurrency 'Breaks Through the Roof', US Stock Market Hits All-Time High

Trump posted on Truth Social promoting his economic achievements: "Tech stocks, industrial stocks, and the Nasdaq index hit all-time highs! Cryptocurrency 'breaks through the ceiling'. Since Trump imposed tariffs, Nvidia's stock price has risen by 47%. The U.S. is imposing tariffs of billions of dollars. The country is now 'back'. Great honor! The Fed should quickly lower interest rates to reflect this strength. America should be 'first'. No inflation!!"

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