News & Research

Coinsilium, a Web3 investment and advisory firm, announced via X that it has acquired an additional 15.4147 BTC, raising its total Bitcoin holdings to 73.7304 BTC.

Spanish police arrested five people tied to a crypto investment scam that laundered nearly $540 million from over 5,000 victims, according to Decrypt. The international investigation, led by Spain with support from Europol, revealed a global network using fake accounts and crypto wallets to move illicit funds. Authorities warn that crypto fraud is growing rapidly, fueled by AI and digital anonymity.

CryptoQuant analyst and contributor Crypto Sunmoon noted that despite June’s market consolidation, Ethereum (ETH) long-term holders are showing strong buying pressure, with accumulation volume diverging from typical patterns, signaling something significant may be on the horizon.

An Ethereum community group has launched an on-chain time capsule, unveiled at EthCC, allowing users to lock memories, art or messages in encrypted smart contracts for $2.50 in ETH, according to The Block. Entries will be sealed on July 30 and revealed on the network's 11th anniversary.

Cointelegraph outlines five key factors influencing Bitcoin’s (BTC) market this week: - BTC/USD aiming for a weekly close above $109,000 - U.S. nonfarm payrolls data for June - Selling movements by Bitcoin long-term holders - A potential Bitcoin bull market peak between September and October - Bitcoin’s “critical demand deficit” leading to bearish signals

A survey tracking weekly trends among South Korean cryptocurrency investors, conducted by CoinNess and Cratos from June 23 to 27, found that 45.5% of respondents expect Bitcoin's (BTC) value to increase or significantly jump this week, an increase from last week's 41.9%. Meanwhile, 27.5% predict a stable market, down from 33.4% last week, and 27.0% anticipate a decline or sharp drop, up from 24.7% previously. When asked about the overall market sentiment, 48.4% indicated optimism or extreme optimism. While 31.2% felt neutral, 20.4% expressed feelings of fear or extreme fear. Amid growing expectations of an early interest rate cut in the U.S., following Federal Reserve Governor Christopher Waller’s indication of a possible July reduction, 34.4% of respondents expect the crypto market to rise in response. Meanwhile, 27.8% foresee it moving sideways without a clear trend, 22.6% anticipate a decline due to the absence of strong catalysts and 15.2% remain uncertain about the market's direction.

Here is the list of tokens that were most searched for and mentioned in the South Korean crypto community (K-Community) of CoinNess between June 20 and 26. Top 10 searched tokens - XRP 44,548 - SEI 23,911 - ETH 21,836 - BTC 19,445 - ONDO 13,801 - MOVE 13,012 - SOL 8,465 - UXLINK 8,262 - APT 6,759 - SAHARA 6,504 Top 10 mentioned tokens - BTC 1,668 - ETH 746 - TRUMP 387 - SEI 255 - XRP 195 - SOL 122 - AERGO 87 - MOVE 73 - STMX 72 - ONDO 70

Digital asset investment products experienced a combined inflow of $2.7 billion last week, marking the 11th consecutive week of net inflows and adding up to a total inflow of nearly $17.8 billion for the first half of the year, according to the latest Digital Asset Fund Flows Weekly Report released by CoinShares in a blog post. Among them, Bitcoin and Ethereum investment products recorded inflows of $2.224 billion and $429.1 million, respectively.

Wintermute, a crypto market maker, has obtained a Bitcoin-backed credit line from Cantor Fitzgerald, a U.S. financial services firm. This follows similar financing agreements Cantor made last month with Maple Finance, a crypto lending protocol, and FalconX, a crypto prime brokerage. According to CoinDesk, Cantor’s newly launched Bitcoin Financing Business aims to provide up to $2 billion in funding during its initial rollout. The specific amount of the Wintermute deal was not disclosed.

BNB Smart Chain has completed its Maxwell upgrade, cutting average block times from 1.5 seconds to 0.8 seconds, according to Cointelegraph. The hard fork is designed to enhance overall scalability, improve validator synchronization and optimize network performance.