Bitcoin ETF net inflow of $400 million, Vitalik warns of Ethereum decentralization crisis

Crypto Assets Market Daily

News Overview

  • Vitalik warns that Ethereum faces decentralization risks and proposes three core testing criteria.
  • Arthur Hayes predicts that BTC may drop to 90,000-95,000 in the short term, with hopes of regaining upward momentum in early September.
  • Ripple subsidiary applies for a Federal Reserve master account, planning to store RLUSD reserves at the Federal Reserve.
  • PayPal co-founders plan to establish Erebor Bank to serve Crypto Assets and AI startups.
  • The Jupiter token launchpad Jupiter Studio is officially online.
  • OpenAI denies authorizing Robinhood to launch related tokenized stocks
  • The Bitcoin Layer 2 network BOB has launched its testnet ahead of schedule, with the mainnet expected to go live in Q4.

Regulatory Dynamics

  • The U.S. House of Representatives will conduct the final vote on the "Big and Beautiful Act".
  • The U.S. Department of Justice has cracked a $14.6 billion healthcare fraud case, seizing $245 million in Crypto Assets and other assets.
  • The U.S. Treasury Secretary anticipates that the Federal Reserve may cut interest rates in September or even earlier.
  • The Hungarian central bank rules out the possibility of including Crypto Assets in its reserves.
  • IMF vetoes Pakistan's Bitcoin mining subsidized electricity plan

Project Progress

  • Swiss Bank AMINA supports the custody and trading of Ripple stablecoin RLUSD
  • Multi-Point Intelligence has configured BTC and plans to apply for a Hong Kong stablecoin license.
  • Belgium's KBC Bank will launch BTC and ETH trading services for retail customers.
  • REX-OSPREY Solana Staking ETF launched, first day trading volume of 33 million USD
  • Coinbase acquires the token management platform Liquifi
  • Italian bank Banca Sell will test custody services for stablecoins and other digital assets.

Industry Insights

  • ZachXBT: This year at least 345-920 crypto asset project positions have been infiltrated by North Korean IT personnel.
  • Dozens of fake wallet plugins have flooded the Firefox store, stealing users' Crypto Assets.
  • North Korean hackers spread macOS malware targeting Crypto Assets companies using fake Zoom updates.
  • The encryption business added $620 million to Trump's wealth.
  • This year, 56 tokens supported by VC have been listed, with 3 having an FDV exceeding $1 billion.

Market Data

  • The total net inflow of Bitcoin spot ETF yesterday was $408 million, with Fidelity ETF leading the net inflow at $184 million.
  • Jump Crypto associated wallet transferred 7499 coins of BTC, valued at approximately 816 million USD
  • A certain insider trader's $250 million BTC short position was largely liquidated.
  • Circle has added the minting of 250 million USDC on Solana.
  • The MELANIA team has unlocked 25 million tokens, valued at approximately $5.25 million.
BTC1.02%
ETH2.46%
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degenonymousvip
· 07-09 16:34
Vitalik Buterin finally found the problem.
View OriginalReply0
ApeWithAPlanvip
· 07-09 14:17
Let btc fall if it has to, I've seen big winds and waves.
View OriginalReply0
ServantOfSatoshivip
· 07-08 14:10
V God is right, it's time to wake up.
View OriginalReply0
GasFeeCryervip
· 07-08 09:29
fall fall fall Decentralization is life
View OriginalReply0
SoliditySlayervip
· 07-08 09:27
Vitalik Buterin is pouring cold water again.
View OriginalReply0
LiquidationAlertvip
· 07-08 09:24
Fall is fall, as V God says.
View OriginalReply0
SnapshotDayLaborervip
· 07-08 09:09
Vitalik is worried again.
View OriginalReply0
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