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NEWS FLASH: US initial jobless claims fell to 227K, below the expected 236K and previous 232K, indicating stronger labor market conditions.
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NEWS FLASH: Bybit $PUMP Token Sale Ends Oversubscribed Due to API Delay, Allocation Results Under Review, Refunds to Be Issued to Unsuccessful Participants.
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[IMPORTANT: $PUMP Token Sold Out in 12 Minutes Amid Market Skepticism: Two Post-Launch Scenarios Emerge] The highly anticipated $PUMP token ICO sold 150 billion tokens (15% of total supply) within 12 minutes, raising $500 million, slightly below the expected $600 million. Despite market skepticism about https://t.co/LIFq0X2v0Y's valuation and token utility, two main scenarios are debated: panic selling after token unlocking followed by official news-driven recovery, or initial price surge from pre-market hype followed by a decline. Investor sentiment is divided, with some optimistic foreign players expecting a post-launch rally, while others anticipate a price correction due to perceived overvaluation and uncertainty.
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NEWS FLASH: $PUMP public sale sells out
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NEWS FLASH: U.S. Digital Assets Director Bo Hines states next week will solidify America's position as the global #crypto capital.
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[IMPORTANT: U.S. Spot #Ethereum ETFs See $204.9M Net Inflows Amid Continued Investor Interest] U.S. spot Ethereum ETFs experienced a cumulative net inflow of $204.9 million on July 11, the sixth consecutive day of positive investment flows. #BlackRock's $ETHA ETF led inflows with $137.1 million, followed by Grayscale's mini ETH and Fidelity's FETH ETFs. Other ETFs including Grayscale's ETHE, Bitwise's ETHW, VanEck's ETHV, and ARK 21Shares' CETH also reported notable inflows, while the rest remained unchanged.
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