Letsbonk.Fun founder X Avatar NFT series Taiyo Robotics floor price surpasses 85 SOL

On July 26th, based on HTX market information, due to the "Addition to Coinbase Listing Roadmap" news, ResearchCoin (RSC) witnessed a short-term sharp increase and broke through $0.69, with a market capitalization exceeding $20 million. BlockBeats Note: ResearchCoin is a crypto research platform co-founded by Coinbase CEO Brian Armstrong and others and belongs to the DeSci (Decentralized Science) field. The project aims to transform the traditional scientific journal publishing model. Users obtain ResearchCoin (RSC) by publishing content on ResearchHub, and the amount of RSC received is directly proportional to the value that other community members attach to the content.

On July 26th, as per official channels, Coinbase has made an announcement regarding the inclusion of ResearchCoin (RSC) in its listing roadmap.

On July 25th, according to on-chain analyst AI Auntie (@ai_9684xtpa), the sell-off pressure from an ancient whale that holds 80,000 BTC is coming to an end. Meanwhile, another dormant whale that has been holding coins for 14.5 years may be getting ready to sell. The address "bc1qsea3m" made its first external transfer since January 2011 yesterday. And the receiving address moved 50 BTC to the address "bc1q5" 2 hours ago. The ownership of this receiving address is unknown, but it has interacted with addresses related to Coinbase, B2C2, and Galaxy Digital. The ancient whale holds 3,963 BTC, which is approximately $457 million, and its cost basis per coin is astonishingly low at $0.32.

July 25th: In a post, on-chain data analyst Murphy stated that the current selling pressure in the Bitcoin market is mainly originating from Coinbase. At approximately 10 a.m. this morning, 4950 BTC was transferred to Coinbase, resulting in Bitcoin dropping to around $115,000; however, one hour ago, another 3169 BTC was transferred to Coinbase. Analyst Murphy indicated that the on-chain data is only updated up to this point. If there are no new large transfers following this, it is anticipated that it will drop to around $115,000; if the on-chain BTC transfers to Coinbase continue, it is estimated that there is still downside potential.

On July 25th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), the whale known as "Setting 10 Big Targets First" has closed its previous short positions in BTC and ETH. It has selected new entry points and opened new short positions. Previous Positions: The short entry price of BTC was $119,425, with an intraday high floating profit of $8.5 million. It was then speculated that this position was closed for profit-taking. The short entry price of ETH was $3,528.85, and it is speculated that this position was stopped out with a loss. Current Position: It is continuing to short BTC with a new entry price of $116,065.2.

On July 25th, as per crypto journalist Eleanor Terrett, in the latest trial update regarding Tornado Cash's co-founder and developer Roman Storm, Assistant Prosecutor Rehn disclosed that the U.S. Department of Justice (DOJ) seemingly is still in the process of considering bringing charges against an undisclosed number of DragonFly's employees. It is not merely limited to DragonFly's General Partner Tom Schmidt. Dragonfly is the venture capital firm that backs Tornado Cash. Yesterday in court, emails between Roman Storm and DragonFly's General Partner Tom Schmidt were presented. One of the emails showed that Storm and his team were seeking feedback on adding Know Your Customer (KYC) to the platform. The defense had requested Schmidt to testify, but he invoked the Fifth Amendment right through his lawyer (the right to refuse to testify). The trial will continue next week, and more information is expected at that time. Closing arguments are also anticipated to take place next week.