7.09 Gambling Morning Report:
After @bonk_fun surpassed @pumpdotfun on-chain, the difficulty of the game has also started to rise. I wonder when the simple mode will come next.
1. $BTC is in a volatile market, with daily fluctuations of up to 1000u. The whole world is watching to see if 107000 can hold, and whether there will be a drop to provide a buying opportunity;
2. $ETH suddenly surged past 2600, seemingly wanting to show its uniqueness. I wonder if it can drive altcoins to surge once;
3. $SOL closely follows, seemingly lacking its own independent market regardless of the on-chain situation;
4. xStocks will integrate the upcoming Jupiter Lend;
5. Bloomberg: Tether holds $8 billion in gold reserves in a secret vault in Switzerland;
6. a16z has liquidated its COMP holdings, transferring 400,000 tokens to Coinbase Prime;
7. A certain whale/institution sold $85.38 million worth of Ethereum and deposited the funds into the Aave V3 protocol;
8. Eigen Labs laid off 25% of its staff, shifting focus to the EigenCloud business;
9. Musk: Trump will not gain public trust unless he discloses the Epstein files;
10. Coinbase launches a $5 million bug bounty program, focusing on on-chain products and Base smart contracts;
11. Phantom wallet launches direct perpetual contract trading support for EU users, powered by Hyperliquid;
12. The appeals court approved the dismissal of the Tornado Cash lawsuit, and founder Storm will still face trial next week;
13. Robinhood is in dialogue with European regulators regarding its stock tokenization plan;
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Exchanges basically have no trading volume in spot markets; all trading volume seems to come from contracts, and it's all gambling on exchanges. Is this market beyond saving or still brewing something big?
#Bitcoin #Ethereum #Solana #CryptoScam
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