Pump.fun has announced the official acquisition of the wallet tracking tool Kolscan.
On July 11th, according to official channels, Pump.fun has declared the official acquisition of the wallet tracking tool Kolscan. The specific acquisition amount remains undisclosed.
As per the introduction, Kolscan mainly focuses on monitoring the actions of top on-chain traders. It offers real-time transaction dynamics, token profit and loss analysis, and a performance-based leaderboard.
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Fed's Daly: Considering Interest Rate Cut in the Fall, Expects Two Rate Cuts by 2025
On July 11th, San Francisco Fed President Daly expressed that she still thinks there could be two interest rate cuts this year. She also pointed out that the impact of tariffs on prices might be milder than anticipated. Daly disclosed that some businesses are in the process of negotiating to share the cost of tariffs, thus reducing the proportion passed on to end consumers. She stated that the U.S. economy is in a good state, with economic growth and consumer spending slowing down but not weakening. Inflation is moving closer to the Fed's 2% target. Daly said, "I believe there may be two interest rate cuts, but everyone's expectations have uncertainties, and we are considering implementing the cuts in the fall." (FXStreet)
2 minutes ago
Total Bitcoin Open Interest Across All Exchanges Surpasses $81 Billion, Reaching an All-Time High
On July 11th, according to Coinglass data, the total open interest of Bitcoin futures contracts across the entire network is 701,330 BTC (approximately $81.47 billion), hitting a new all-time high.
Among them, the open interest of CME's Bitcoin futures is 154,220 BTC (approximately $17.91 billion), ranking first.
The open interest of Binance's Bitcoin futures is 116,840 BTC (approximately $13.57 billion), ranking second.
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Trader Eugene: Ethereum has historically surged past $2,800 and quickly hit $4,000. I will continue to hold a long position
On July 11th, trader Eugene posted in his personal community, saying, "As long as this time Bitcoin doesn't have a false breakout followed by a sharp drop (currently it seems unlikely, but it can't be completely excluded), Ethereum is likely to break through the key $2800 resistance level.
Although I'm not sure about the specific timing (Bitcoin dominance BTC.D may continue to strengthen for a while), I believe the probability of Ethereum breaking through this resistance level has increased significantly today.
In Ethereum's history, it has only broken through the $2800 level three times, and each time, the price quickly rose to around $4000. History doesn't repeat exactly, but it often rhymes similarly. I will continue to hold my long position and be ready to embark on a crazy journey."
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Bitcoin remains close to $120,000, with the cryptocurrency market seeing a widespread increase.
On July 11th, with Bitcoin approaching $120,000, the cryptocurrency market witnessed a general upward trend. The total market capitalization reached $3.68 trillion, with a 24-hour increase of more than 1%.
Within the ETH ecosystem, driven by ETH's breakthrough to $3,000, major assets all saw gains. In the past 24 hours, ETHfi showed a 9% increase.
In the meme coin sector, spurred by the upcoming coin launch on Pump.fun, mainstream meme coins in the Solana ecosystem also rose. Fartcoin's market capitalization returned to $1.3 billion, with a 24-hour increase of 19%.
Regarding exchange platform tokens, Hyperliquid's HYPE token is approaching its historical high. It is currently trading at $44, with a 24-hour increase of 8%. BNB saw a 24-hour increase of 2.6%.
2 minutes ago
ETH Surges Above $3,000, First Time Since February, with a 24-hour Gain of 8.8%
On July 11th, based on HTX market data, ETH rose above $3000. This is the first time since February of this year. It witnessed a 24-hour increase of 8.8%.
2 minutes ago
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