Bitcoin Volatility Falls to 1.59%
On July 1st, the volatility of Bitcoin has declined to 1.59%, indicating an overall downward trend in the past month.
BlockBeats Note: High Bitcoin volatility is typically associated with speculative trading and the retail "fear of missing out" sentiment. When volatility decreases, it may suggest a reduction in short-term speculators, and the market enters a consolidation phase or a "cooling-off period." Furthermore, Bitcoin price volatility is often linked to macroeconomic events such as inflation expectations, interest rate changes, or geopolitical risks. When these external factors stabilize, Bitcoin's volatility may decrease accordingly.
3 minutes ago
Bhutanese King Meets Binance CEO, Bhutan Among Top Three Bitcoin Holding Countries Globally
July 1st, Binance's CEO put up a post saying, "I am extremely honored to have an audience with the King of Bhutan. Besides the beautiful natural scenery, this 'Land of Happiness' has its own distinctive features. Under the visionary leadership of the King, Bhutan is actively promoting innovation while safeguarding its indigenous culture. Concrete manifestations of this vision are as follows: Bhutan is the world's third-largest national holder of Bitcoin. It started green energy mining five years ago. GMC (Gyalpoi Mindfulness City) is also providing support for crypto innovation and holding crypto assets as a strategic reserve. 'I introduced to His Majesty the successful implementation of Binance Pay in the field of tourism payments in Bhutan as well as our continuous support for the development efforts of the Kingdom.'"
3 minutes ago
Monochrome Bitcoin ETF's Bitcoin Holdings Rise to 931 Coins
On July 1st, the BTC holdings of Australia's Monochrome Physical Bitcoin ETF have now reached 931 coins, which is approximately equivalent to 153.4 million Australian dollars.
During the time period from June 12th to June 28th, the holdings witnessed an increase of 194 bitcoins.
3 minutes ago
Huobi HTX has launched HFT perpetual contracts and kicked off a Contract Trading Party
On July 1st, according to an official announcement, Huobi HTX has launched HFT/USDT perpetual contract trading with a leverage of up to 20 times. Simultaneously, Huobi HTX has initiated the HFT Contract Trading Party from July 1st at 17:00 to July 8th at 17:00 (UTC+8), and the total prize pool is up to $10,000.
During the event, users who register and participate in HFT/USDT contract trading and have a cumulative trading volume ≥$10,000 USDT will be eligible to share the prize pool based on their trading volume ranking. New users trading the HFT/USDT contract will also receive exclusive benefits.
3 minutes ago
Binance Alpha has launched BUGSCOIN (BGSC)
On July 1st, Binance Alpha has now initiated BUGSCOIN (BGSC).
Eligible users can obtain an airdrop of 7,360 BGSC tokens on the Alpha event page by using Binance Alpha points within 24 hours after the trading begins.
The Binance Alpha airdrop will be carried out in two stages:
Stage 1 (the first 18 hours): Users with at least 210 Binance Alpha points can claim the airdrop.
Stage 2 (the last 6 hours): Users with at least 170 Binance Alpha points can participate in the second stage of the airdrop on a first-come, first-served basis until the airdrop pool is depleted or the event ends.
It should be noted that claiming the airdrop will consume 15 Binance Alpha points. Users must confirm the claim on the Alpha event page within 24 hours; otherwise, it will be regarded as a waiver of the claim.
3 minutes ago
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