Fundstrat’s Tom Lee Says Two Factors Preventing Bitcoin From Going to the ‘Moon’ Despite Heavy Demand From ETFs – The Daily Hodl
Tom Lee of Fundstrat identifies two factors limiting Bitcoin’s price surge despite high ETF demand: in-kind exchanges reducing price pressure and early investors selling at current high prices.
Nano Labs Loads Up on BNB With Ambitious $1B Treasury Target
Nano Labs acquires 74,315 BNB tokens worth $50M, aiming for $1B in BNB reserves. The Hong Kong-listed company plans to control 5-10% of BNB’s circulating supply as a strategic asset.
Circle stock outpaces Bitcoin with 472% growth since June IPO
Circle’s stock (CRCL) has surged 472% since its June IPO, outperforming Bitcoin. Regulatory clarity from the GENIUS Act boosted investor confidence in the stablecoin issuer, while Bitcoin traded sideways amid geopolitical concerns.
Is This the Biggest Bullish Divergence for Ethereum’s Price in July?
Ethereum’s price showed signs of recovery in July, with record staking and accumulation metrics indicating strong institutional confidence and potential upward movement.
BoE Governor Warns Stablecoin Boom May Hurt Monetary Trust
BoE Governor Andrew Bailey warns stablecoin growth could undermine monetary trust if unregulated, urging central banks to reassess their role amid evolving payment innovations and liquidity risks.
Bitcoin price aims for new highs but ‘divergences’ set $110K as resistance
Bitcoin faces resistance at $110K due to bearish divergences, signaling weak bullish momentum. Traders are split on future moves, with some predicting a pullback to $107.5K-$106K.
Trump’s Crypto Empire: Over $620 Million Earned, Reports Say
Reports indicate Donald Trump’s crypto ventures, including World Liberty Financial and TRUMP memecoins, have added over $620 million to his fortune, now 9% of his $6 billion net worth.
Tornado Cash co-founder keeps testimony plans unclear ahead of trial
Tornado Cash co-founder Roman Storm remains uncertain about testifying in his upcoming US trial for money laundering and sanctions violations, as crypto industry figures support his defense.
Senator Lummis presents bill to insert crypto tax definitions to shield micro-payments, validation rewards
Senator Lummis introduced a bill to clarify crypto tax rules, exempting small transactions under $300 and deferring taxes on validation rewards until sale. It also expands securities-lending rules to crypto.
Impossible Cloud Network Launches Mainnet and Token, Raises $34M at $470M Valuation – “The Defiant”
Impossible Cloud Network launches mainnet and ICNT token after raising $34M at a $470M valuation. The decentralized cloud platform supports 1,000+ enterprises and trades on major exchanges like Binance and Kraken.
