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《Crypto Market Structure Bill》 Draft Discussion to Be Postponed Until Next Week

1 days ago

On July 10th, as per crypto reporter Eleanor Terrett, the U.S. Senate Banking Committee intends to postpone the deliberation of the "Crypto Market Structure Act" draft until next week. Originally, the target was this week. Meanwhile, the House Financial Services Committee has rearranged the hearing on establishing the "21st Century Cryptocurrency Taxation Policy Framework" to next Wednesday (16th), which aligns with "Crypto Week". The originally scheduled full committee hearing on the crypto market structure had confirmed participants including: Brad Garlinghouse, the CEO of Ripple; Kristin Smith, the CEO of the Blockchain Association; Jonathan Levin, the CEO of Chainalysis; Dan Robinson, the General Partner at Paradigm.
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Crypto Fear & Greed Index Rises to 79, Enters 'Extreme Greed' Zone

On July 12th, based on alternative data, the Crypto Fear and Greed Index for today is 79 (yesterday it was 71), and market sentiment has entered the "extreme greed" zone. Note: The threshold of the Fear Index is 0-100 and it includes the following indicators: Volatility (25%) + Market Volume (25%) + Social Media Hype (15%) + Market Surveys (15%) + Bitcoin's dominance in the overall market (10%) + Google Trends Analysis (10%).

5 minutes ago

A certain Ethereum Foundation affiliated address has sold 2,416 ETH in the past 24 hours.

On July 12th, as monitored by Onchain Lens, an address affiliated with a certain Ethereum Foundation exchanged 1,206.7 ETH for 3.61 million USDC.
During the past 24 hours, this address sold 2,416.7 ETH at an average price of $2,941, with a total value of $7.106 million.

5 minutes ago

Yesterday's REX-Osprey SOL Spot ETF saw a net inflow of $10.7 million

On July 12th, according to Farside Investors, the net inflow of yesterday's REX-Osprey Solana Spot ETF was $10.7 million. The ETF has currently witnessed a cumulative net inflow of $69.7 million.

5 minutes ago

Whales are accumulating $IP.

Whales are accumulating $IP. Whale 0x385D accumulated 857,192 $IP ($3.8M) 2 minutes ago. Whale 0xE0e6 accumulated 814,523 $IP ($3.61M) 15 minutes ago.

5 minutes ago

Coinbase has updated its X account avatar to a "Chonky Penguin" theme image.

On July 12th, Coinbase modified its X account avatar to an image themed with a "Chonky Penguin", accompanied by the caption "New avatar. Who doesn't love it?"

5 minutes ago

Bloomberg Reports Binance Helped WLFI Write USD1 Code, CZ Accuses Former of Misreporting

On July 12th, as reported by Bloomberg on Friday and based on information from three people with knowledge of the matter, Binance had assisted WLFI in creating (coding the basic code) and promoting the USD1 stablecoin, and had played a role in its largest transaction prior to CZ seeking clemency. In response, CZ claimed that the Bloomberg article was sponsored by a competitor and contained multiple factual inaccuracies.

5 minutes ago

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