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The US and the EU are close to reaching a 15% tariff agreement

13 hours ago

On July 23rd, as per the Financial Times, the US and the EU are on the verge of reaching an agreement on a 15% tariff. The EU and the US will exempt certain products from tariffs, including aircraft, spirits, and medical devices.
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Analyst: Bitcoin Whales Transfer Large Amounts, Uptrend May Slow Down but Is Not Over

On July 24th, CryptoQuant analyst Axel Adler Jr. posted that with Bitcoin's price fluctuating between $106,000 and $118,000, an abnormally high monthly Coin Days Destroyed (CDD) and an annual CDD ratio (0.25) emerged in the current market. This value is close to the historical high in 2014 and the level during the 2019 pullback. This shows that long-term holders - investors who have not moved their Bitcoin for several years - are massively transferring their holdings to the market. Such a surge in CDD typically means that experienced players are actively distributing their chips. Meanwhile, institutional fund demand and Bitcoin ETF inflows remain at high levels. Therefore, this round of chip distribution is unlikely to bring an end to this bull run. At most, it may slightly slow down its pace. Note: CDD refers to Coin Days Destroyed, which assumes that each Bitcoin accumulates "1 coin day" every day. Holding 10 Bitcoins for 10 days accumulates 100 coin days. When these Bitcoins are

2 minutes ago

Yesterday, the US Ethereum Spot ETF saw a net inflow of $332 million, while the Bitcoin Spot ETF experienced a net outflow for the third consecutive day.

On July 24th, based on Farside Investors' data, the net inflow of the US Ethereum spot ETF was $332 million yesterday.
Yesterday, the net outflow of the US Bitcoin spot ETF was $85.8 million, indicating that it was the third consecutive day of net outflows.

2 minutes ago

A whale has once again withdrawn 76,000 SOL from Kraken, approximately $14.5 million.

On July 24th, as per the monitoring of LookOnChain, a whale has once again withdrawn 76,000 SOL from Kraken (approximately $14.5 million). Since July 8th, this whale has withdrawn a cumulative total of 164,000 SOL from Kraken (approximately $30.14 million) and has placed it in staking.

2 minutes ago

GSR withdrew 2708 ETH from Binance, approximately $9.87 million

On July 24th, as monitored by The Data Nerd, 2 hours prior to this, the liquidity provider GSR withdrew 2708 Ethereum (approximately $9.87 million) from Binance. Currently, the total balance of GSR's Ethereum holding wallet address may be 103,822 Ethereum (approximately $379 million).

2 minutes ago

Takashi Murakami to Launch Collectible NFT Trading Card Series 108 Flowers Revised on the Base Chain

July 24th: The highly renowned pop artist Takashi Murakami made an announcement on social media that his NFT series "108 Flowers Revised", which was inspired by his physical art collection, will be officially launched during the Onchain Summer event. This series is now on the blockchain, and users can directly mint it through the Base app. The minting process will officially commence at 9 a.m. in Japanese Standard Time on August 1st (5 p.m. in Pacific Time on July 31st).

2 minutes ago

Solana Network Activates 20% Block Size Increase Upgrade

On July 24th, as per @martypartymusic, the Solana network yesterday implemented an increase in the block size by 20% based on the SIMD-0256 proposal. This upgrade led to a raise in the block limit from 50 million compute units (CUs) to 60 million CUs. As a result, each block is now capable of accommodating a greater number of transactions, thereby enhancing network throughput and overall performance. Users have notably noticed a significant improvement in transaction speeds.

2 minutes ago