by Michael
Key TakeawaysBrian Armstrong said July 20 that hash power leaving Bitcoin doesn’t set its price, citing the currency’s difficulty adjustment as his core argument.Bitcoin’s difficulty fell 5% to 127.17 trillion on July 11 after hashrate dropped 7.9% to 908 EH/s in ten...
by Michael
Key takeaways Solana (SOL) traded lower on Monday, extending its corrective trend from early July. Institutional demand remains subdued, with SOL ETFs recording less than $1 million in inflows for a second consecutive week. Futures Open Interest declined while trading...
by Michael
Key TakeawaysChamath Palihapitiya said marginal liquidity now prefers prediction markets and equities over bitcoin.Bitcoin’s hashrate slid 7.9% to 908 EH/s this month, forcing a 5% difficulty cut as miners eye AI computing deals.Polymarket traders give bitcoin just...
by Michael
Key takeaways LayerZero (ZRO) fell about 3% on Monday, extending last week’s 9% decline. The network is set to unlock 25.71 million ZRO tokens, equivalent to 4.6% of the total supply, increasing potential selling pressure. Despite bearish price action, futures trading...
by Michael
Key TakeawaysDrake’s $1.5M USDT bet on Argentina at +245 odds died when Ferran Torres scored Spain’s extra-time winner.Another Polymarket whale turned a $1.95M bet on Spain into a $1.35M profit while a rival lost $1.23M backing Argentina.Drake has now dropped $5.7... Translate »