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Has Musk Created the "American Party" Poll Has Over 1.16 Million Participants, With 65% in Favor

3 hours ago

July 5th: The poll initiated by Elon Musk earlier regarding whether to create the "American Party" has garnered over 1.16 million participants thus far. 65% have voted "Yes" and 35% have voted "No". There are only 4 hours remaining until the end of the voting. On July 4th local time, U.S. President Trump signed the tax and spending bill into law, making it come into effect. Earlier on June 30th local time, Musk tweeted dozens of times, stating that lawmakers who support the bill should feel ashamed and suggesting that if the bill is passed, the "American Party" would be established the following day.
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Vitalik: Institutions value Ethereum for its reliability; Ethereum has never experienced a single second of downtime in its ten-year history

July 5th. During an interview with CNBC at Cannes, Vitalik Buterin, a co-founder of Ethereum, stated that it is often believed by people that institutions only focus on "scalability" and "speed". However, the reality is quite different. "Many institutions have directly informed us that the reason they attach importance to Ethereum is because it is stable, reliable, and does not experience downtime." At EthCC, Buterin delivered a keynote speech, outlining the next steps in the development of the Ethereum network and the "values test" faced during the process of institutional adoption. He also added that many institutions inquire about "privacy" and other aspects oriented towards the long-term future - these are the issues that institutions truly value. Tomasz Stańczak, the newly appointed Co-Executive Director of the Ethereum Foundation, also stated that the reason why institutions choose Ethereum is precisely because of these core values. "For ten years, Ethereum has never had a singl

14 minutes ago

Survey: 78% of People Say Trump's Tariffs Will Make Debt Management More Difficult

On July 5th, based on the CNBC survey: 78% of the people state that Trump's tariffs will make debt management more difficult. (Golden Ten)

14 minutes ago

Cambodia and the United States have reached a trade agreement and will soon issue a joint statement on "reciprocal tariffs."

July 5th. On July 4th, the Cambodian government made an announcement stating that it had reached an agreement with the United States during tariff negotiations. The two sides are expected to release a joint statement regarding "reciprocal tariffs" soon. However, the specific details of the agreement, including the tariff rates, remain unclear. The information provided by the Cambodian government shows that Cambodian Deputy Prime Minister Sun Chanthol held online discussions on the 4th with Assistant U.S. Trade Representative for Southeast Asia and the Pacific, Sarah E. Ellen. The two parties reached a consensus on the draft joint statement. (FXStreet)

14 minutes ago

Suspected Staking Provider Arthapala has recently deposited a total of 44,889 ETH to a CEX, with an approximate value of $113 million.

July 5th. Based on the monitoring of crypto analyst AI Aunt ai_9684xtpa, an institution that is suspected to be the staking and validation service provider Arthapala has cumulatively deposited 38,100 ETH into major exchanges over the past six days. In addition, its other three associated addresses have once again transferred 6,789 ETH to Binance. As a result, the total amount of ETH transferred to exchanges in the past week amounts to 44,889 ETH, which is worth $113 million.

14 minutes ago

Bitcoin Volatility Currently Stands at 1.62%

On July 5th, the volatility of Bitcoin is currently at 1.62%, with it previously dropping to 1.45%. Over the past two months, Bitcoin has been continuously fluctuating within a narrow range between $93,000 and $111,000, which is in sharp contrast to its historical price trends. Market analysts attribute the decrease in volatility to multiple factors, with the increase in bullish option writing by Bitcoin holders being particularly crucial. Despite the decline in volatility, the Bitcoin perpetual contract funding rate remains positive, indicating that the market's bullish sentiment remains unchanged. BlockBeats Note: High Bitcoin volatility is often associated with speculative trading and retail fear of missing out (FOMO) sentiment. A decrease in volatility may indicate a reduction in short-term speculators, with the market entering a consolidation phase or a "cooling-off period." Furthermore, Bitcoin price volatility is often linked to macroeconomic events such as inflation expectation

14 minutes ago

A whale deposited 50 WBTC to a CEX, worth approximately $5.41 million.

On July 5th, as per EmberCN's monitoring, the "whale/institution that amassed 1,495 WBTC last year at a price of $69,162" continues to realize profits. It transferred 50 WBTC (approximately $5.41 million) to Binance two hours ago. Currently, the WBTC they accumulated has sold 773 WBTC (approximately $74.58 million) at an average price of around $96,481. They still hold 703.8 WBTC (approximately $75.95 million).

14 minutes ago