Trader AguilaTrades opened a 20x long position on BTC, with a unrealized profit of $2.36 million.

July 3rd. According to an official announcement, Gate will commence ICNT perpetual contract trading (settled in USDT) at 21:00 (UTC+8) on July 3rd and support leverage ranging from 1 to 50x.

On Thursday, July 3rd, Swiss crypto bank AMINA Bank announced that it will offer RLUSD (Ripple Dollar Stablecoin) related services to its clients. It has become the world's first multinational operational bank to support this stablecoin. AMINA Bank stated that initially, the bank will provide custody and trading services for RLUSD to institutional clients and professional investors. It plans to gradually expand related services in the coming months. Currently, RLUSD is backed by U.S. Treasury bonds and is regulated by the New York State Department of Financial Services, with a circulating supply of $430 million.

On July 3rd, as per Deribit's Bitcoin Volatility Index data, the Bitcoin implied volatility has declined to its lowest point in nearly two years. This index gauges the 30-day forward-looking annualized price volatility expectation and suggests a notable transformation in the trading behavior of the largest cryptocurrency. During the past two months, Bitcoin has been oscillating within a narrow range between $93,000 and $111,000, which is in stark contrast to its historical price trends. Market analysts attribute the reduction in volatility to multiple factors, with a crucial one being that Bitcoin holders have been increasing their activities of selling bullish options. David Lawant, the Head of Research at FalconX, pointed out that this strategy of generating income by selling bullish options has successfully dampened price volatility. Currently, approximately 80% of Bitcoin options open interest is concentrated within the $100,000 to $120,000 strike price range, forming a natural p

July 3rd. According to a report presented on Wednesday by the cybersecurity firm Sentinel Labs, North Korean hackers are employing a novel type of malware that specifically targets Apple devices to launch attacks against cryptocurrency companies. The hackers pose as trusted individuals on messaging applications such as Telegram and distribute fake Zoom update files that actually install malicious software named "NimDoor." This malware is written in the uncommon Nim programming language. This language has the ability to circumvent Apple's memory protection mechanism and deploy an information-stealing program that is specifically designed to target cryptocurrency wallets and browser passwords. The Nim language, which is renowned for its capability to run without modification on Windows, Mac, and Linux, along with its fast compilation speed and the difficulty of detection, is emerging as the new preference among cybercriminals. The malware also incorporates a script to steal the Telegra

On July 3rd, the decentralized stablecoin infrastructure project Perena announced the completion of a new round of funding. This round of fundraising attracted over 350 supporters, with participation from institutions like Susquehanna, Native CryptoX, and Hermeneutic Investments. Previously, the Solana stablecoin trading infrastructure project Perena completed a $3 million pre-seed funding round, which was led by Borderless Capital.

On July 3rd, according to Markus Thielen, the director of 10x Research, as the ideal confluence of macro catalysts begins to take shape, Bitcoin is currently testing the upper limit of its consolidation range. He pointed out that under the influence of three factors: significant inflows into a spot Bitcoin ETF, uncertainty from the Federal Reserve, and a rapid decline in Bitcoin supply on cryptocurrency exchanges, Bitcoin may reach $116,000 in July. Historically, such a sustained outflow of funds indicates increased scarcity and upward pressure. If this trend persists, Bitcoin may be laying the groundwork for another breakout.