●BlackRock IBIT's market value returned to above $20 billion, with holdings exceeding 318,100 BTC as of July 15
BlackRock's official updated spot Bitcoin ETF data showed that as of July 15, IBIT's market value returned to above US$20 billion, reaching US$20,224,466,745.68, and its holdings rose to 318,120.3577 bitcoins.
● BlackRock's assets under management reached a record high of US$10.6 trillion
Data disclosed by Eric Balchunas, senior ETF analyst at Bloomberg, shows that BlackRock's assets are currently $10.6 trillion, a record high. This year, it has increased by $600 billion, mostly from market gains and partly from fund inflows. Currently, its asset management scale is greater than the sum of Fidelity, CapGroup, Invesco and Franklin.
● BlackRock CEO calls Bitcoin digital gold.
BlackRock CEO Larry Fink said in an interview with CNBC that he had previously misunderstood Bitcoin, but changed his views through learning and called Bitcoin digital gold.
● Price of Trump’s roundtable meeting at Bitcoin Conference announced: $844,600 per person
On July 16, former US President Trump will attend the 2024 Bitcoin Conference and give a speech. Attendees will be able to interact with Trump and participate in roundtable discussions. This special event will be held on Saturday, July 27, 2024, at the Bitcoin Conference in Nashville, Tennessee. The fees are as follows: · US$844,600 per person, including VIP reception, roundtable discussion and photo with President Trump. · US$60,000 per person or US$100,000 per two people, including VIP reception and photo with President Trump. Payment methods will also support cryptocurrencies.
● Trump: Senator J.D. Vance is the best candidate for vice president
Former U.S. President Trump said Senator J.D. Vance is the best choice to be the vice presidential candidate.
The Democratic Party says Senator J.D. Vance is another Trump.
● Musk pledges to donate $45 million per month to support Trump's campaign
Musk pledged plans to donate about $45 million per month to a new super PAC to support Trump's presidential campaign.
● Bloomberg ETF analyst: SEC requires Ethereum ETF issuers to submit final S-1 filings on Wednesday
Eric Balchunas, Bloomberg ETF analyst, wrote on X platform: "It is reported that the SEC finally responded to the issuer today, requiring them to return the final S-1 document (including fees) on Wednesday and then apply for effectiveness after the close of Monday so that it can be issued on Tuesday, July 23."
● Coinbase, Ripple and a16z representatives will attend the Republican and Democratic National Conventions
Coinbase, Ripple, and Andreessen Horowitz (a16z) plan to send delegates to the Republican National Convention (RNC) and later to the Democratic National Convention (DNC). On July 15, Politico said the companies will first "make their case to GOP power brokers" to support election results that produce policies that favor the industry, and emphasized the Republican Party's broad support for the crypto space. Politico highlighted the growing importance of crypto, citing Representative Dusty Johnson, who called crypto "an issue that more and more people are interested in." It is understood that all three companies are members of the Fairshake Super PAC, which raised $177.9 million and spent $70.9 million during the 2024 election cycle. The super PAC aims to benefit American candidates who support cryptocurrencies regardless of their party membership.
● Federal Reserve Chairman Powell: If we wait until inflation reaches 2% before cutting interest rates, it will be too long
Federal Reserve Chairman Powell said that economic growth is expected to slow this year and inflation will continue to make progress. If the Fed waits until inflation reaches 2% before cutting interest rates, it will wait too long.
●VanEck Research Director: Bitcoin NUPL is about to break through 0.5 or trigger a sentiment shift.
According to BlockBeats, on July 15, Matt Sigel, head of digital asset research at VanEck, posted on social media that Bitcoin's net unrealized profit/loss (NUPL) is about to break through 0.5, which is a key sentiment shift. When this last happened on February 8, Bitcoin rose from $45,000 to $73,000 (+62%) in 34 days.
● CoinShares report: Digital asset investment products received $1.44 billion in inflows last week
CoinShares released a weekly report: Last week, digital asset investment products had an inflow of $1.44 billion, and the cumulative inflow this year reached a record high of $17.8 billion, far exceeding the $10.6 billion in 2021. Bitcoin recorded the fifth largest single-week inflow of $1.35 billion, and Ethereum had an inflow of $72 million last week.
