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Tesla's US Stock Plunges Over 6% in After-Hours Trading, Following Musk's Announcement of Forming a Political Party

7 hours ago

On July 7th, based on market data, Tesla's US stock witnessed a decline of over 6% in after-hours trading. Previously, Musk announced the founding of the American Party on social media.
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A Coinbase Hacker Spends 12.5 Million DAI to Purchase 4,863 ETH

On July 7th, as monitored by Onchain Lens, a hacker managed to steal funds from a Coinbase user. Subsequently, the hacker spent 12.5 million DAI to acquire 4863 ETH at a price of $2569 per ETH. Currently, the hacker still holds a combined total of 45.36 million DAI in two wallets and is likely to continue purchasing additional ETH.

1 seconds ago

Binance: Alpha users participating in the PAL TGE have a threshold of 202 points

On July 7th, as per official channels, Binance has declared the Alpha user participation regulations for the new PAL TGE round, with a minimum requirement of 202 points. Users are able to participate in this TGE event via the Alpha activity page. Participating in this event will entail the consumption of 15 points.

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Virtuals: The Genesis airdrop will no longer be automatically distributed; users will need to claim it manually

On July 7th, the Virtuals Protocol officially launched a Genesis Mechanism update. It was stated that Virgens now possess a unified interface through which users can view and claim all Genesis airdrops (if eligible). Genesis airdrops will no longer be distributed automatically. Instead, users need to claim them manually if they meet the eligibility criteria.

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Bitcoin Dips Below $109,000

On July 7th, according to HTX market data, Bitcoin fell below $109,000 and is currently trading at $108,957. The 24-hour percentage change has narrowed to 0.77%.

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The UK publicly listed company Tao Alpha is planning to appoint the Head of UTXO Management at BTCfi as a non-executive director.

On July 7th, the UK-listed company Tao Alpha aims to appoint Henry Elder, who is the Head of UTXO Management at BTCfi, as a Non-Executive Director. It is expected that Henry Elder will join the board following Mark Rutledge's departure. Before this announcement, Tao Alpha is in the process of raising around $137.5 million and intends to hold Bitcoin as its main treasury reserve asset. Furthermore, the company will rebrand to Satsuma with the stock ticker symbol SATS.L.

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Viewpoint: If this bull run is similar to the previous two, we still have about six months to reach the market top

On July 7th, analyst @ali_charts shared a market perspective, suggesting that if this bull market cycle follows a similar pattern to the previous two, we might be approximately 6 months away from the next market peak.

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