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Quick Take TeraWulf mined 186 bitcoin in May, with an average production rate of approximately 6.0 bitcoin per day. The stock surged more than 20% in today’s trading session.
Quick Take Tether CEO Paolo Ardoino told The Block that the EU’s MiCA regulation “contains several problematic requirements.” He said those requirements “could not only render the job of a stablecoin issuer extremely complex but also make EU-licensed stablecoins extremely vulnerable and riskier to operate.”
Firms as large as Meta will likely buy Bitcoin by next year, predicts Bitwise’s CEO.
Miner revenues are at their lowest level since early 2023, though one expert says they don’t seem intent on selling.
The SEC in March 2023 launched its formal investigation into ether, lawyers from Consensys allege in new, unredacted complaint
- 03:59CryptoQuant Founder: High Spot Trading Volume is Beneficial for the MarketCryptoQuant founder and CEO Ki Young Ju posted on social media that the BTC market has long been driven by futures, but this trend has weakened compared to the last bull market. The ratio of futures to spot trading volume has dropped 63% from its peak. I believe that a high volume of spot transactions is beneficial for the market.
- 03:57Deribit Options Bulk Data: A user sold year-end call and put options worth $62,000ChainCatcher news, Lin Chen, Deribit's Head of Business in Asia Pacific, posted on social media that today's largest BTC block option: someone earned a premium of 3.48 million USD by selling year-end (strike price) $62,000 call options + $62,000 put options totaling 187.5 BTC. According to his analysis, this person is shorting volatility with a profitable price range of $47,500 - $89,000. The coin-based return reaches 8.8%, and the odds of winning are very high.
- 03:55The US Bitcoin spot ETF had a net outflow of 20.5 million dollars yesterdayBlockBeats reports that on July 4, according to Farside Investors data, the net outflow of the US Bitcoin spot ETF was $20.5 million yesterday. Among them, Grayscale GBTC had a net outflow of $27 million, while Fidelity FBTC had a net inflow of $6.5 million.
