Daily Crypto Briefing

1️⃣Bitcoin falls below 61,000 USDT

Although one trader still insists that the price of Bitcoin will reach 150,000 USDT this year, the US-listed ETF ended five consecutive days of net inflows on Tuesday with a net outflow of $13 million. Concerns about Mt. Gox distributions may have contributed to the sell-off.

2️⃣Pump.fun surpasses Ethereum daily revenue

Pump.fun surpassed the Ethereum network in daily revenue and became the new revenue champion.

3️⃣Bittensor's TAO token fell 15% after the $8 million wallet attack

The blockchain was suspended early Wednesday to contain the vulnerability, and security researchers suspected that it was caused by the leakage of private keys.

4️⃣Solana Meme Coin MEW's cat character will appear in the popular Telegram mini-game

The appearance of this character will further promote user engagement and recognition of the Solana ecosystem.

5️⃣Crypto Industry will usher in an explosion, exceeding the speed of Internet development

According to a report by Architect Partners, the digital asset industry has added more than $750 billion in value in the first half of this year.

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