Bitcoin Magazine CEO David Bailey tweeted that he is considering raising a PAC equivalent to Fairshake with more than $100 million, focusing on Bitcoin. David Bailey warned that anyone who votes against the Bitcoin tax amendment will face "retaliation" in the midterm elections.
"Insider Brother" sold 8,000 ETH and 280 BTC an hour ago, losing $1.011 million
According to @ai_9684xtpa, the "insider" sold 8,000 ETH and 280 BTC (a total of $50.55 million) an hour ago, with a loss of $1.011 million. The current positions are: BTC 40x short position: 1,120 positions, worth $121 million, opening price $106,808 ETH 25x short position: 32,000 positions, worth $80.34 million, opening price $2,454.91
According to on-chain analyst Ember, the Ethereum Foundation has recently transferred 1,000 ETH to another multi-signature wallet every day. A total of 11,000 ETH were transferred in one month, but the transferred ETH did not undergo any further actions (redistribution/sale/participation in DeFi, etc.).
According to Yahoo Finance, Hong Kong-listed company Newfire Technology (01611.HK) announced that it would issue a total of 166 million subscription shares to five subscribers, equivalent to 22.08% of the company's enlarged share capital, with a subscription price of HK$1.66 per share, a 29.66% discount to the closing price of HK$2.36 on June 27, and a total amount of HK$275.6 million. Major shareholder Avenir Investment (Subscriber I) increased its shareholding in the company from 29.08% to 29.84%; LINEX Holdings Ltd. (Subscriber II) will subscribe for HK$124 million, becoming the largest subscriber in this round, with a shareholding ratio of 10%; TX Capital Holdings Ltd. (Subscriber III) will hold 1%; Night Wood (Subscriber IV), which is indirectly wholly owned by the Executive Chairman, will hold 3.43%; and Rosen Holdings Ltd. (Subscriber V) will hold 0.48%. In addition, according to the announcement, the actual controller of LINEX Holdings Ltd. is Livio Weng, a former core executive of HashKey. Livio Weng joined HashKey Group in 2023 as Chief Operating Officer and the first CEO of HashKey Exchange. Livio Weng also served as CEO of Huobi Global from 2018 to 2021.
According to Coinglass data, the cryptocurrency market had a total of $105 million in liquidation in the past 24 hours, including $85.4038 million in long orders and $19.4284 million in short orders. The total amount of BTC liquidation was $26.6769 million, and the total amount of ETH liquidation was $11.5666 million.
Trump: Musk is a great guy, but what he said before was inappropriate
According to Jinshi.com, US President Trump said that Musk is a great person and I know he will do a good job, but what he said before was inappropriate.
Binance will adjust the collateral ratio of some assets in the unified account
According to the official announcement, Binance will adjust the mortgage rate of some assets in the unified account at 14:00 on July 4, 2025 (Eastern Time 8), including OP, CRV, CAKE, ENS, RUNE, ROSE, ORDI, SUSHI, ONE, ALT, etc.
A pre-mined address containing 1,000 ETH was activated after lying dormant for nearly 10 years
According to Whale Alert, a pre-mined address containing 1,000 ETH ($2,443,951) has just been activated after 9.9 years of dormancy (these ETH were worth only $310 in 2015).
Trump's enthusiasm for Warsh as Fed chairman cools
According to Jinshi, citing the Wall Street Journal, Trump talked to Warsh about replacing Powell in February and March this year, but Warsh advised Trump not to take any such action before Powell's term ends in May 2026. He has been critical of the Federal Reserve recently. In a speech in Washington, DC on April 25, he said that its "current trauma is largely self-inflicted" and called for a "strategic reset" to mitigate the loss of credibility and damage to the Fed's position. But Warsh's past remarks also indicate that he may take a hawkish stance on inflation, which may become a concern for the White House, which is pushing for interest rate cuts. A person close to the current administration said that Trump's enthusiasm for Warsh is cooling.
Opinion: Stablecoins are becoming the “default settlement layer” of the Internet
According to Cointelegraph, Alchemy Engineering Director Noam Hurwitz said that stablecoins have become the backbone of Internet payments, and their adoption rate has now exceeded that of major traditional card networks. The adoption rate of stablecoins has "exploded" and is becoming the default settlement layer of the Internet. Companies such as PayPal and Stripe are integrating stablecoins to leverage on-chain infrastructure for faster and cheaper transactions. Stablecoins make money "cheap, fast, global and secure to transfer." These features make them popular for a variety of purposes and widely adopted in cross-border payments and prediction markets such as Polymarket.
According to Token Unlocks data, tokens such as SUI, ENA, and OP will be unlocked in large amounts next week. Among them: Sui (SUI) will unlock approximately 44 million tokens at 8:00 a.m. Beijing time on July 1, which is 1.3% of the current circulation and worth approximately US$122.8 million; Ethena (ENA) will unlock approximately 40.6 million tokens at 3:00 p.m. Beijing time on July 2, which is 0.67% of the current circulation and worth approximately US$10.7 million; Optimism (OP) will unlock approximately 31.34 million tokens at 8:00 a.m. Beijing time on June 30, which is 0.67% of the current circulation and worth approximately US$17.4 million; Kamino (KMNO) will unlock approximately 229 million tokens at 8:00 p.m. Beijing time on June 30, which is 10.44% of the current circulation and worth approximately US$13.8 million; Across ACX will unlock approximately 100 million tokens at 8:00 pm Beijing time on June 30, accounting for 22.61% of the current circulation and worth approximately US$13.5 million.
According to the official announcement, Fuel Network (FUEL) is now available on Binance Alpha. Eligible Binance users can use Binance Alpha points to claim 5,550 FUEL tokens airdropped on the Alpha event page within 24 hours after trading begins. Binance Alpha airdrops will be on a first-come, first-served basis: Users with at least 170 Binance Alpha points can participate in the airdrop, on a first-come, first-served basis, until the airdrop pool is full or the event ends. It should be noted that claiming the airdrop will consume 15 Binance Alpha points. Users must confirm their claim on the Alpha event page within 24 hours, otherwise they will be deemed to have waived the airdrop.
Spanish coffee chain Vanadi Coffee increases its holdings by 20 BTC, now holds a total of 54 BTC
Spanish coffee chain Vanadi Coffee announced that it has increased its holdings by 20 BTC and now holds 54 BTC. The company's shareholders' meeting has approved the company's strategic shift to become the largest listed Bitcoin company in Spain and will invest up to 1 billion euros to purchase Bitcoin.
Poll: Trump's approval rating drops to historic low
According to a report by Reference News, citing the website of Newsweek, the latest Newsweek poll shows that US President Trump's approval rating has fallen to an all-time low. The survey shows that 43% of Americans are currently satisfied with Trump's performance, 53% are dissatisfied, and his net approval rating is negative 10%. According to reports, Trump's poll numbers initially fell sharply after he announced the "Liberation Day" tariffs in April this year. Although his approval rating quickly rebounded, his recent behavior seems to have reignited public dissatisfaction with the White House.
Michael Saylor releases Bitcoin Tracker information again, and may disclose holdings data next week
Michael Saylor, executive chairman of Strategy (formerly MicroStrategy), once again released information about Bitcoin Tracker on the X platform, writing: “21 years later, you’ll wish you’d bought more.” According to previous rules, Strategy always discloses information about its increased Bitcoin holdings the day after the relevant news is released.
Crypto wallet provider OneKey released a statement on the X platform regarding the recent false accusations against OneKey, saying that it has never instigated, organized or manipulated any KOL or user in any form to launch a public opinion attack on Curve or any project. Mr. Yishi participated in the investment entirely in his personal capacity, which is his personal behavior. No official resources of OneKey are involved in the project. All OneKey products are open source designs, without backdoors, and have been fully audited by professional security teams such as SlowMist.
According to on-chain analyst Yu Jin's monitoring, AguilaTrades began rolling over his floating profits, increasing his position to $216 million. He now holds 2,000 BTC long positions worth $216 million, with an opening price of $107,459 and a liquidation price of $104,020. His current floating profit is $1.22 million.
Data: USD1 trading volume in the past 24 hours reached 1.25 billion US dollars, setting a new high
The Trump family's crypto project WLFI forwarded data on the X platform showing that its stablecoin USD1 had a trading volume of US$1.25 billion in the past 24 hours, a record high, second only to Tether (USDT) and USDC.
James Wynn has closed 40 times of Bitcoin short positions, with a loss of about $3,000
According to Onchain Lens monitoring, James Wynn has closed a 40x short position in Bitcoin, with a loss of $3,015.97, and opened a 40x long position in Bitcoin again.
BIS: Trump's criticism of Fed rate decisions does not threaten its independence
According to Jinshi, the Bank for International Settlements said that Trump's criticism of the Federal Reserve's interest rate decisions does not threaten its independence. The global economic and financial system has entered a new era of increased uncertainty. No "worrying" signs related to the decline in the US dollar exchange rate have been found. Rising protectionism and trade fragmentation are "particularly worrying."
According to Ta Kung Pao, Hong Kong Financial Services and Treasury Secretary Paul Hui said on a TV program today (29th) that digital assets are the general trend, emphasizing that stablecoins are not a tool for making money, but a tool for financial development. Paul Hui said that currently financial activities are circulated through funds from different intermediaries or institutions, and stablecoins circulate on the blockchain, which will help improve the efficiency and speed of financial activities and make the real economy more efficient. When asked about the possibility that stablecoins may weaken international monetary sovereignty, Paul Hui said that the government fully understands the relevant risks and has a clear regulatory philosophy. It requires stablecoin issuers to have a certain amount of capital or reserves and regulates the redemption time of stablecoins to ensure that buyers or institutions can redeem the currency.
