A new address withdrew 6998 ETH again from Kraken.

On July 10th, CryptoQuant stated in a post that, based on the documents submitted by MicroStrategy (MSTR) to the U.S. SEC, as of June 30, 2025, the company holds 597,000 bitcoins which were purchased for $42.4 billion and currently have a value of $64.4 billion. However, under the new accounting standard ASU 2023-08, companies are obligated to report their bitcoin assets at fair value, even if they are not actually sold. This could lead to the triggering of a 15% Corporate Alternative Minimum Tax (CAMT) starting from 2026. MicroStrategy explicitly stated in the document that the company "might need to liquidate a part of its bitcoin holdings or issue additional debt or equity securities to raise sufficient cash to fulfill its tax obligations." This indicates that tax pressure may force MicroStrategy to sell some of its bitcoin holdings in the future to deal with the actual tax liability resulting from unrealized gains.

On July 10th, according to official information, Coinbase announced a partnership with the artificial intelligence search platform Perplexity AI. The purpose of this partnership is to provide traders with real-time and reliable cryptocurrency market data in order to enhance the efficiency of trading decision-making. The first phase of functionality has become available: Perplexity has integrated Coinbase market data (including the COIN50 index) and incorporated it into the market analysis feature of its new browser, Comet. Users can now track price fluctuations in real time and gain a more in-depth understanding of the underlying logic. The second phase is about to commence: Coinbase data will be integrated into Perplexity's AI conversation interface, enabling users to easily monitor market dynamics, filter trading opportunities, and analyze token performance.

On July 10th, according to CoinDesk, the Cardano Foundation issued a report indicating that with the surge in cryptocurrency prices, the value of its held crypto assets has gone up from $478.24 million to $659.1 million. Currently, Bitcoin makes up approximately 15% of its crypto holdings, while the share of ADA in its held assets has decreased from 83% to 77%. The Cardano Foundation stated that its main source of income at present is staking rewards. By 2024, the foundation will hold 5.992 billion ADA and has received a total of 17.1 million ADA through staking, with a return rate of 2.7%.

On July 10th. According to GlobeNewswire, K Wave Media Inc. (traded on NASDAQ: KWM) announced today that it has reached a convertible bond agreement with Anson Funds. As per the agreement, Anson will offer up to $500 million in financing support. KWM has committed to using at least 80% of the net proceeds to purchase Bitcoin (BTC). The first tranche of financing will be issued and sold to Anson Investments Master Fund, LP and Anson East Master Fund LP through a securities purchase agreement, amounting to $15 million in senior secured convertible bonds and warrants.

On July 10th, as per on-chain analyst Ai Yi (@ai_9684xtpa), the address of the suspected staking and validation service provider Arthapala has deposited an additional 6440 ETH into a trading platform within the past 6 hours. This amount is valued at $17.98 million.

On July 10th, based on the monitoring of LookOnChain, a wallet address connected to Cumberland has just made a withdrawal of 25,000 ETH from Binance (approximately $69.56 million).