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The financial platform NextBridge from El Salvador has successfully closed an $8 million Series A funding round, with Fulgur Ventures leading the investment.

8 hours ago

July 10th. The Salvadoran financial platform NextBridge declared that it has concluded an $8 million Series A funding round. This round was led by Fulgur Ventures for its subsidiary exchange platform NEXPLACE. The obtained funds will be employed to extend its compliant digital asset issuance and trading ecosystem, which is based on the Bitcoin Liquid Network. Previously, the Salvadoran financial platform NextBridge carried out its first round of USTBL token issuance via Bitfinex Securities, raising $30 million. The underlying asset of this token is the US Treasury bond. It is constructed on the Bitcoin blockchain and operates on the Liquid Network's second-layer solution.
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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%.

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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%.

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If Bitcoin breaks $114,000, the mainstream CEX cumulative short liquidation pressure will reach $956 million

On July 11th, according to Coinglass data, in the event that Bitcoin breaks through $114,000, the total short liquidation intensity on mainstream CEXs will reach $956 million. Conversely, if Bitcoin drops below $110,000, the total long liquidation intensity on mainstream CEXs will reach $2.4 billion. BlockBeats Note: The liquidation chart does not disclose the exact number of contracts to be liquidated or the precise value of the contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to neighboring liquidation clusters, that is, the intensity.

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Trader AguilaTrades increased his Bitcoin long position by 20x to $340 million, with a realized profit of over $12.9 million.

On July 11th, as per the monitoring of OnchainLens, trader AguilaTrades has augmented his Bitcoin long position to a leverage of over 20 times on Hyperliquid. He holds 3,000 BTC, which is valued at $340 million, and has achieved a profit of more than $12.9 million. The opening price was $109,000.3, and the liquidation price was $108,422.85.

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Bitcoin Hits New All-Time High, Surpasses $113,000 for the First Time

On July 11th, according to HTX market data, Bitcoin reached another all-time high, exceeding $113,000. It is currently trading at $113,041, indicating a 24-hour increase of 3.3%.

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