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Bitcoin’s latest rally aligns with a 12.1% rise in global M2, highlighting growing investor concerns over fiat debasement.Understanding the Global M2-Bitcoin LinkMore Printing, More Bitcoiners
Google searches for Bitcoin are still far below 2017 and 2021 levels, even with ETF approvals and institutional interest.Institutions Are In, But Retail Is AbsentWhat This Means for the Market
Ethereum staking reaches an all-time high of 29.44%, signaling strong confidence among long-term holders.Smart Money Signals Long-Term ConfidenceWhat This Means for Ethereum’s Future
El Salvador buys 8 more Bitcoin, raising its total to 6,236 BTC worth over $735 million.A Long-Term Vision for BitcoinImpact on Global Crypto Sentiment
- 01:41Solana Treasury Company Accelerate Program Raises $1.5 BillionOn July 24, it was reported that Accelerate, a new Solana-based crypto treasury company led by Joe McCann, founder and CEO of Asymmetric Financial, plans to go public through the special purpose acquisition company (SPAC) GoresXHolding, aiming to raise up to $1.5 billion. The company intends to raise $800 million through private investment in public equity (PIPE), $358.8 million from the SPAC, $250 million via convertible debt, and $103.2 million through the sale of SPAC warrants. If the fundraising is successful, Accelerate will become the largest Solana treasury company in the market. However, this figure may change as other major Solana treasury companies, such as DeFi Development Corporation (DFDV) and Sol Strategies (HODL), increase their token holdings.
- 01:32Machi Big Brother Jeffrey Huang Holds and Goes Long on PUMP, with Total Unrealized Losses Exceeding $5.8 MillionBlockBeats News, July 24 — According to monitoring by Lookonchain, "Machi Big Brother" Jeff Huang is currently holding a floating loss of $5.8 million on his long PUMP position on Hyperliquid. He is using 5x leverage to go long on PUMP, with a position valued at $12.12 million. Additionally, according to market data from a certain exchange, the price of PUMP briefly touched $0.003, hitting a new low, and is now quoted at $0.00318.
- 01:32Trump Family Crypto Project WLFI Acquires Additional 560.713 ETH, Totaling 10,574.25 ETH Purchased in the Past Six DaysBlockBeats News, July 24 — According to on-chain analyst Ai Yi (@ai_9684xtpa), the address associated with the Trump family’s crypto project WLFI has once again spent 2 million USDC to purchase 560.713 ETH at an average price of $3,566.88. Over the past six days, WLFI has accumulated a total purchase of 10,574.25 ETH, worth approximately $37.98 million, at an average price of $3,591.61, currently holding an unrealized profit of $511,000.