The company’s total hashrate under management rose to 36.2 exahashes per second (EH/s), up 6.2% month over month. This includes 3.8 EH/s from BitFuFu’s own operations and 32.4 EH/s from third-party suppliers and hosting clients. Power capacity under management climbed 11.8% to 728 megawatts (MW), reaching its highest level yet. 💡
Sixteen years of Bitcoin and still, taxpayers and their well-groomed CPAs cling to the fiction that “all is fog and mist.” How deliciously quaint! Meanwhile, the IRS has emerged from the shadows, paperwork in one hand and the other extended expectantly. The cat-and-mouse game is finished. The auditor now owns the cheese shop.
ICP has respected its key support level at $4.80, which was tested and confirmed multiple times throughout the session, according to CoinDesk Research’s technical analysis data. This level has become a critical pivot zone for traders, who, like moths to a flame, are eyeing potential upside if broader sentiment continues to improve. 🦋
Wall Street’s appetite for digital assets is insatiable, and the numbers are nothing short of robust. With just 4 trading sessions due to the U.S. Independence Day holiday, Bitcoin ETFs saw $769.60 million in net inflows, stretching their weekly green streak to 4 weeks. Thursday, July 3, led the charge with a staggering $601.94 million, powered by inflows into the largest funds.
On July 7, Kuru Labs, the startup building a decentralized exchange on Ethereum-compatible Monad, announced an $11.6 million Series A funding round led by Paradigm. The raise, which follows a $2 million seed round last year, will fuel the development of what could be the first fully functional on-chain central limit orderbook for the EVM. The round included participation from notable angel investors like Viktor Bunin, Zagabond, and former FTX product lead Tristan Yver, signaling strong industry confidence in Kuru’s approach.
Speculation, that great and often misguided muse, continues to swirl around a potential 2x leveraged BONK ETF from Tuttle Capital. Meanwhile, the broader optimism surrounding Solana’s newly launched ETF has acted as a catalyst, driving capital into the ecosystem. Yet, BONK’s momentum is not merely a product of market gossip; its ecosystem is rapidly fortifying its foundations, a testament to the resilience of the human spirit, or at least the spirit of crypto enthusiasts.
BNB is trading at $659.61, down just 0.5% for the day. Buyers are stepping in like clockwork around $659.45, while sellers are playing the role of the strict bouncer, not letting anyone past $664.38. If the macroeconomic winds change, this could be the launchpad for a breakout. Or not. Who knows? 🤷♀️
showed significant bullish momentum during a recent 24-hour period from 6 July 15:00 to 7 July 14:00, climbing from $4.05 to $4.10 with strong buyer support at key levels.
With the dawn of this week, behold! Bitcoin has shamelessly reclaimed the $109,000 mark, gingerly inching toward horizons unexplored. The vital on-chain data presents itself as a veritable oracle, hinting that our dear blockchain is, in fact, embarking upon a new chapter—one that defies the mundane rhythm of market behavior.
Oh, to be an XRP candlestick on the 1-hour chart—forever oscillating in a sideways flirtation (with just a hint of bullish intent), teasing support at $2.26 while batting its lashes at $2.40 resistance. 🎩 After a petite leap from $2.26, the price is clearly torn between meaningful advancement and indecisive dithering, rather like a debutante unsure whether to accept the next dance. A failed advance to $2.35 faced resistance from a corps of sellers who, presumably, prefer gin and regret. Diminishing volume whispers that a breakout may be imminent—or perhaps we’re simply waiting for someone to spike the punch. For the brave, a buy near $2.26 with a stop-loss at $2.24, and dreams of profit at $2.40, stretching deliriously to $2.50 if the bullish music continues.