What’s happening in Crypto Today? 🔥
📈 Market Updates
➤ The cryptomarket cap rose 1.20% to $3.33T with a 24-hour trade volume of $85.88B (+31.66%).
➤ Bitcoin breaks above $108K, up 1.13% in past 24hrs with 64.63% dominance. Fear & Greed Index rose to 52 (Neutral) from 50.
➤ $ETH is up 2.80% to $2,497 as whales added 22M+ ETH to dormant wallets since June 1.
🚨 News
◆ CZ says Bhutan is leveraging excess hydropower resources for Bitcoin mining.
◆ Canada withdraws digital tax to revive U.S. Trade negotiations.
◆ Spanish coffee chain brand, Vanadi Coffee shareholders have approved a Bitcoin purchase plan of up to 1B euros.
◆ South Korea's central bank puts CBDC project on hold, banks expected to focus more on stablecoins.
💹 On-chain Analysis
✦ Binance Alpha's daily trading volume continues to decline, dropping to $470M yesterday.
✦ Strategy moved 7383 BTC to 3 new addresses, as part of an initiative to enhance custodial security.
✦ Metaplanet announced that it has increased its BTC holdings by 1005 coins.
✦ Ethereum Foundation transferred 1000 ETH 8 hrs ago, and the receiving address has received a total of 11,000 ETH in the past month.
✦ BNB Smart Chain block times fall to 0.8 secs amid Maxwell upgrade.
✦ NFT sales jump 14.39% week over week, reaching $134.3M.
