Tether Mints 1 Billion USDT on Tron Network

On July 1st, according to CoinDesk, analyst James Van Straten presented a market analysis. The 200-week simple moving average (200WMA) of Bitcoin rose to $49,223 and was on the verge of breaking through the $50,000 psychological barrier. The 200-day moving average (200DMA), which represents the bull-bear divide, is currently at $96,246 and successfully held this support during a recent approach to $98,000 in pullback. The analyst stated that the continuous rise of the 200WMA reflects the growth of the market's fundamental value. The current level is almost double compared to the bear market period from 2022 to 2023 (with an average of $25,000). "When the 200-week moving average maintains a 45-degree upward trajectory, it often indicates that the crypto winter has completely ended. The hitting of new highs by the Nasdaq 100 and the S&P 500 indices has created a favorable environment for Bitcoin to break through its previous high."

July 1st. Following the "Stock Market Craze" set off by Circle, securities firms like Guotai Junan Securities and TF Securities have also witnessed a collective surge based on the "crypto concept", which has driven the market heat to new levels. The soaring of crypto concept stocks has led many investors to actively enter the market through the Hong Kong Stock Connect or other channels in an attempt to profit from this "Crypto Stock Craze". This wave of the Hong Kong stock craze is mainly divided into three stages: initially ignited by "Circle concept stocks", followed by the rise of "Stablecoin concept stocks", and finally, the outbreak of securities firm crypto concept stocks. With the release of the Hong Kong "Stablecoin Ordinance", the digital currency concept stocks in the Hong Kong stock market have collectively risen, with stocks such as Linklogis and Mox Card seeing astonishing gains. In addition, tech giants like JD.com and Ant Group have also announced their entry into the s

On July 1st, as per the monitoring of OnchainLens, a whale withdrew 200,000 TRUMP tokens from OKX 10 minutes ago. The value of these tokens is $1.74 million. This whale has accumulated 1.02 million TRUMP tokens, and currently, they are worth $8.84 million. There is an unrealized loss of $1.6 million.

On July 1st, based on the data from litangdingzhen.me, the total amount of Binance's latest Alpha (BGSC) event airdrop that is sufficient to distribute to participants is 61,487 people. Among them, 18,583 people have sold the airdropped tokens, with an individual profit of approximately $57. This Alpha airdrop of BGSC totals 452.55 million tokens, and there are approximately 1.02 billion tokens remaining in the Binance wallet. The number of tokens per individual is 7,360. There is a potential second-stage participant count of 40,307 people, and the total value of the airdrop is approximately $3.52 million. Note: The remaining balance of tokens in the Binance wallet is reserved by Binance for future activities and is not directly related to all aspects of this airdrop event.

On July 1st, spot gold broke through $3350/oz, with an intraday increase of 1.42%. (Oriental Wealth)

On July 1st, based on market information, pre-market trading data indicates that Bitmine Immersion (BMNR) witnessed its gains expand to 50.1%, with the stock price breaking through $50. Bitmine Immersion (BMNR) previously announced the completion of a $250 million large-scale private placement. The funds raised were mainly used to increase its Ethereum holdings and it is intended to use it as a core reserve asset. Meanwhile, it continues to maintain its Bitcoin mining main business.