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Blockchain_Bulletin
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#Tether
just minted $1B
$USDT
on Ethereum 🔥
Fresh liquidity injection, a sign of potential market activity ahead.
#ETHInstitutionalFlows
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$PENGU slipped 7.3% in 24hours NFT tokens aren’t immune to ETH’s downturn, and $PENGU is feeling the squeeze. - ETH fell 9% this week (~$4,260) → dragging NFT floors & liquidity. - NFT market shed $1.2B; PENGU’s cap dropped $591M → $491M. - Insider-linked wallet offloaded 150M PENGU ($5.6M), 3rd July sell-off. ETH’s volatility continues to pressure NFT tokens. Repeated insider exits may weigh on trust, making organic community demand key for PENGU’s stability.
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Pump.fun ($PUMP ) is back (+7% daily), dominating Solana memecoin launchpads and reclaiming a 90% share as deployers exit LetsBonk. It is still down by 25% in 7 days and 30% in 30 days. But here’s the catch: daily revenue has slipped ~80% since January, while $33M+ in buybacks are propping up price action. Short-term support is clear, but can buybacks mask fading organic demand?
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$ADA dropped 8.3% in 24h, a steeper fall than $BTC (-3.2%) & $ETH (-5.3%), showing altcoins are more exposed when macro pressure hits (strong US data → fading Fed cut hopes). With OI down 21% and $632M liquidated across the crypto market, ADA now eyes $0.77 support. Holding it = consolidation. Breaking it = new local lows.
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$BTC slides below $113K. Eyes on the next support zone. Can bulls defend it? What are your views on it ?
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Polygon’s DeFi comeback is gaining traction $POL jumped 7.3% in 24h as capital flows returned to its ecosystem. #Polygon TVL hit $1.23B (+43% YTD), its highest since Dec ’24, signalling renewed user and liquidity growth. What’s driving it: - +7% TVL in 30d → steady climb to $1.23B - QuickSwap & Polymarket added ~$80M inflows (DEX + prediction markets seeing activity) - $123M net deposits into Polygon protocols (Artemis data) Bigger picture: DeFi liquidity is shifting to alt L2S, and Polygon’s combination of DEX liquidity and retail speculation (via Polymarket) is helping it stand out against competitors.
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