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Share link:In this post: Bitcoin holders are sitting on $1.2 trillion in unrealized profits after BTC surpassed $107,000, marking massive paper gains. On-chain metrics show a rise in HODLing behavior. Despite large unrealized gains, sell-side pressure remains subdued, but a shift in sentiment or price could trigger a wave of selling.
Share link:In this post: South Korea’s parliament approved a 31.8 trillion won ($23.3 billion) supplementary budget to boost the economy. The budget exceeds the initial government proposal, adding more funding for cash handouts and economic support. The opposition boycotted the budget vote, citing policy disagreements.
Share link:In this post: Trump will impose new tariffs of up to 70% starting August 1. Countries rush to finalize trade deals before the July 9 deadline. Global markets dip as tariff fears raise inflation concerns.
Share link:In this post: Trump signed a $3.4 trillion budget bill with tax cuts and more money for immigration enforcement. The bill gives $4.5 trillion in tax breaks and cuts funding for healthcare and food programs. Republicans worked together to pass the bill, even though many people and Democrats don’t support it.
- 10:22U.S. stocks face a weak September, with a historical probability of decline reaching 56%ChainCatcher news, according to Golden Ten Data, investors are concerned that the US stock bull market is approaching unsustainable levels and facing seasonal weakness in September. The latest non-farm payroll data and two inflation reports will be released next week, and the Federal Reserve will make a policy decision. The S&P 500 index has risen 17% since early May, and its current valuation has reached 22 times expected earnings. According to analysts at Bank of America, since 1927, the probability of the S&P 500 index declining in September is 56%, with an average drop of 1.17%.
- 10:06Eric Trump to Attend Metaplanet Special Shareholders' Meeting on September 1According to Jinse Finance, Nikkei News reported that Eric Trump, son of U.S. President Donald Trump, will attend a special shareholders' meeting of Metaplanet, a company listed on the Tokyo Stock Exchange, on September 1. Eric Trump serves as an advisor to Metaplanet, which invests in bitcoin. The extraordinary shareholders' meeting will be held in Tokyo, with the agenda including proposals such as amending the company's articles of incorporation to raise new funds.
- 09:33Analysis: XPL Hedging Sniper Trader is the Largest Individual Holder of WLFIAccording to a report by Jinse Finance, on-chain analyst Ai Yi has monitored and confirmed the identity of the largest individual holder of the WLFI token. Today, Arkham labeled the address moonmanifest.eth as belonging to XPL hedging sniper trader Techno Revenant. This address participated in the first round of the WLFI public sale seven months ago, investing $15 million (including 13 million USDC and 2.01 million USDT), and currently holds 1 billion WLFI, accounting for 1.0007% of the total token supply.