Trader Eugene: Has adjusted position structure to deal with the ranging market, net exposure remains unchanged
On July 2nd, Trader Eugene shared in his community, saying, "I made some alterations to some of my positions. However, the overall net exposure remains unchanged. I just need to handle the current choppy market conditions."
Previously, on June 29th, Trader Eugene posted in his community, stating, "I took long positions on some altcoins. I had a hunch that a significant rise was about to happen. Both trading volume and market sentiment are basically non-existent. Almost everyone I know is staying away from the market. My portfolio includes both consensus plays and contrarian plays, such as HYPE, VIRTUALAAVE, FARTCOIN, SPX, SEI, and TAO."
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The US M2 Money Supply has reached $21.94 trillion, hitting a new all-time high.
On July 2nd, as per Cointelegraph, the M2 money supply in the US has reached $21.94 trillion, attaining a brand new all-time high.
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A whale withdrew 1345 BTC from Binance in just under 2 hours, worth $143.09 million.
On July 2nd, as monitored by Onchain Lens, within the past 2 hours, a whale withdrew 1345 BTC from Binance. The value of these BTC is $143.09 million.
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Bit. com has joined the ranks of Kraken and Bybit, and has opened a dedicated on-chain stock trading section.
July 2nd: The cryptocurrency exchange platform Bit.com officially initiated its US stock token trading service on its on-chain product GoRich on July 1st.
The initial batch encompasses blue-chip stock tokenized assets like Apple (AAPL), Tesla (TSLA), and NVIDIA (NVDA), and users are now able to trade them on-chain by using USDT.
This time, Bit.com is concurrently launching tokenized US stocks in collaboration with Kraken and Bybit through Backed Finance, manifesting a competitive tendency within the platform.
Currently, users can engage in trading 24/7 in the GoRich section of Bit.com, holding top tech stocks with a minimum investment of $1, and supporting all premium assets including the meme token BuyTheDog and the high-potential asset Alpha.
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The Owlverse is about to launch, ushering in the Prologue of Intelligent Parallel Computing Universe Forge.
July 2nd. Owlverse is a parallel computing universe that emerges from the TrendX decentralized intelligent ecosystem. Its goal is to create a new world driven by artificial intelligence and distributed computing and is scheduled to go live on Friday at 12:00 pm (UTC).
As the infrastructure for Web3 data and transactions, TrendX offers powerful on-chain data processing, an intelligent strategy engine, real-time market analysis, and AI-assisted decision-making capabilities. Its underlying computational infrastructure and incentive mechanisms are expanded and operated through Owlverse.
According to the official announcement, users can access the Owlverse website, link their wallets, deposit old version Eggs into the EggForge for destruction. This allows them to forge a new generation of Eggs and enter the waiting pool to prepare for participating in the next stage of ecosystem activation. More details regarding participation will be announced later according to official notifications.
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MyShell AI generated video with a single playback volume exceeding 210,000, becoming the leader in the AI ??content entertainment track.
On July 2nd, according to data from Xiaohongshu, the AI content creator Flux girl used the AI content generation agent of the MyShell platform to create a short video with Labubu as the theme. Within one week after its release, the single video playback volume exceeded 210,000. The creator stated that she received thousands of private messages inquiring about the AI content creation tool, and many of them went to register and use MyShell.
Before this, MyShell promptly integrated the latest video model Veo. Community developers built several multimodal AI agents with Labubu themes based on this model, quickly occupying the top spot on Google's global search rankings. The daily active users of the platform surged by more than 30 times.
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