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Bloomberg Analyst: BlackRock's Bitcoin Holdings Surge, 38% Away from Surpassing Satoshi Nakamoto

4 hours ago

On July 8th, Bloomberg's Senior ETF Analyst Eric Balchunas posted on social media, indicating that BlackRock currently holds approximately 700,000 bitcoins and is only 38% away from surpassing Satoshi Nakamoto to become the world's largest single bitcoin holder. (If all bitcoin ETFs are regarded as a single entity managed by one, they have already exceeded Satoshi Nakamoto for a long time.) BlackRock's bitcoin spot ETF—IBIT is currently absorbing bitcoins at a rate of 40,000 per month (about 1,300 per day). At this rate, it is estimated that the holding will reach 1.2 million bitcoins by May 2026. This is a remarkable achievement for a product that has just been in existence for two years.
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Trump: Congress Should Investigate Powell

On July 9th, Trump stated that Congress ought to conduct an investigation into Federal Reserve Chairman Powell. (FXStreet)

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A whale accumulated 625,765 TRUMP tokens over the past 40 days, with an unrealized loss of $904,000.

On July 9th, as monitored by Onchain Lens, two hours ago, a whale made a withdrawal of 200,000 TRUMP from OKX. This amount is approximately worth $1.7 million. Over the past 40 days, this whale has accumulated a total of 625,765 TRUMP. Currently, it is valued at around $5.33 million, with an unrealized loss of approximately $904,000.

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Coinbase: Trading for SQD, TIA, XYO, and TAO Now Available to New York Residents

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Trump: Powell Should Resign Immediately

On July 9th, President Trump said that Fed Chair Powell should resign right away.

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Binance Alpha and Binance Futures will list Tanssi Network (TANSSI)

On July 9th, as per an official announcement, Binance Alpha is set to launch and commence trading for Tanssi Network (TANSSI) on July 9, 2025, at 19:05 (GMT+8). Moreover, the Binance futures platform will list the TANSSIUSDT perpetual contract on July 9, 2025, at 19:30 (GMT+8), with a leverage of up to 50x. As a part of the listing benefit, all eligible Binance users will receive a Binance-exclusive TANSSI token airdrop. Eligible users are required to use Binance Alpha Points to claim the airdrop through the Binance Alpha activity page from 19:05 (GMT+8) on July 9, 2025, to 19:05 (GMT+8) on July 10, 2025.

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Bloomberg: NFT Market Sees Fifth Consecutive Quarterly Decline, Significant Drop in Trading Volume

On July 9th, according to Bloomberg, what was once a highly sought-after field by cryptocurrency traders and enthusiasts, NFTs now appear to have shed their former luster. This once booming track has witnessed a consecutive decline in trading volume for five quarters. According to data compiled by DappRadar, the total NFT trading volume in the second quarter dropped to $823 million, as opposed to $4 billion in the same period last year. Despite a 19% decrease in 2024 NFT trading volume, marking the worst year ever for the field, this year's data suggests that the market slump has not yet reached its bottom. These figures also reflect that digital assets represented by collectible cartoon avatars and viral meme NFTs are gradually losing their previous appeal.

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