Bitcoin Dips Below $67K Amid $2B DOJ Transfer & Justin Sun Urges China to Rethink Crypto Stance!

GM anon ☕🐺

In today’s Alpha Bytes👇

US government-associated crypto wallet transfers $2B of DOJ-seized Bitcoin. Democrat Donors push for Kamala Harris to appear at upcoming crypto conference. Meanwhile, Justin Sun calls for China’s to shift anti-crypto stance amid Trump’s pro-Bitcoin agenda.

BTC $66, 872 (-3.78%), ETH $3, 337 (-1.19%), SOL $183.23 (-5.06%) 

Crypto News 📰 

• US spot Ethereum ETFs saw $98.3M in net outflows, extending negative flow streak

• BRN analyst says miners appear to be accumulating Bitcoin

• Elon Musk says he sees merit in Bitcoin following Trump’s speech at Bitcoin 2024

• Compound reaches truce with crypto whale Humpy after controversial vote to move $24M in tokens

• Solana-based PayPal stablecoin supply closes gap on Ethereum PYUSD

• DEX market share surges to record high, outpacing centralized exchanges

• US national debt reaches an all-time high of $35T

• 21Shares' CETH integrates Chainlink proof of reserve to increase transparency

• WisdomTree CEO believes regulatory clarity under Trump will make Bitcoin ‘mainstream’

• Aave’s fee switch proposal sparks major rally in AAVE token

• SEC intends to amend Binance complaint, removing need for ruling on whether tokens are securities ‘at this time’

• Artists sue SEC over whether NFTs are securities, use Taylor Swift tickets as example

• WazirX faces backlash on ‘socialized loss strategy’ after $230M exploit

• El Salvador proposes crypto trade with Russia amid sanctions pushback

• Pump.fun flips Ethereum in 24-hour revenue generation — DefiLlama

• One Trading secures regulatory approval from Dutch regulator to offer crypto derivatives trading in Europe

• Polymarket whales favor Trump as election betting surges past $400M

• Slovenia becomes First European Union Nation to issue Sovereign Digital Bond

• Solana overtakes Ethereum in weekly fee revenue for the first time

• Qatar revisits crypto stance after ban, promises regulations by end of 2024

Airdrops🪂 

• @PontemNetwork $LSD airdrop

• @playSipher announces final phase for airdrop season 1

Project Updates 🔥 

• @Oresupply v2 release notes

• $GM is launching on Solana

• @Swellnetworkio announces Pearl snapshot 

• @izebel_eth launched wPurr contract

• Polytrade going on Base

Threads 🧵 

• $25M in $COMP exited the @compoundfinance treasury in what's being called a governance attack - @StableScarab

• Does Solana need Restaking?  - @Kairos_Res

• Everything you wanted to know about $NEIRO - @0xelonmoney

• Pendle PT + option vault tutorial & strategies - @2lambro

• Progress In Aptos Over The First Half-Year Of 2024: An Everstake Report - @everstake_pool

Launches 🚀 

• Satoshi Protocol is LIVE on @build_on_bob

• Mansa launches on @Base

• Lumoz Nodesale is LIVE on Fjord

• pStake Finance Bitcoin Liquid Staking v1 on @babylon_chain

Fundraise 💰

• @LiquoriceHQ (DeFi) - $1.2M Pre-Seed led by @greenfield_cap

• @BlonkFi (DeFi) - $TBD Pre-Seed led by UOB Venture Management @Signum_Capital

Videos 🎥

• @TaikiMaeda2 - Why AAVE can 10x in the Bull Market!

• @thebellcurvepod - Is Crypto Ready for the Big Leagues? | Roundup

Calendar 🗓️

• 29 July : $DASH - Dash Evolution Mainnet Beta

• 30 July : $ROUTE - Router chain Mainnet

• 30 July : $APT - Supervillain (Game)

• 31 July : U.S. - Fed Interest Rate Decision

• 31 July : $PENDLE - Renzo's points program ends

That's a wrap for today!

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