Blockent Report

⚡ ALERT: Revolut will delist USDT in August, citing regulatory and risk concerns. @BlockentReport

JUST IN: Bitcoin reclaims $63,000 @BlockentReport

🚨IRAN MAY GIVE CHINA DISCOUNTED HORMUZ SHIPPING TERMS Iran’s ambassador to Beijing said China and other friendly nations may get “special considerations” on NEW FEES for ships passing through the Strait of Hormuz, per Bloomberg. Tehran now says the key oil shipping route is a national security issue after the four-month U.S.-Israel war on Iran. Iran said the new Hormuz arrangements will be coordinated with Oman. @BlockentReport

🇩🇪 GERMANY'S LOCAL BANKS ARE BRINGING CRYPTO TO THE MASSES Germany's Sparkassen, a 248-year-old network of savings banks, are rolling out crypto trading for MILLIONS of retail customers, per Bloomberg. Some already offer Bitcoin, Ethereum, Litecoin and Cardano, with the savings banks following later this year. Just four years ago, the SAME banks called crypto an "incalculable risk" and refused to offer it. @BlockentReport

🇯🇵 LATEST: Micron has broken ground on a $9.3 billion chip plant expansion in Japan to produce advanced AI memory chips. @BlockentReport

🇺🇸 HUGE: The USA has 2.8X more Bitcoin than every other country combined. @BlockentReport

🚨 REVOLUT TO DELIST USDT FOR 50 MILLION USERS BY AUGUST 31 Europe's largest fintech Revolut will remove Tether's USDT, giving it's 50 million users until August 31 to sell or withdraw before balances are converted to fiat. USDC is now the only major dollar stablecoin with full MiCA approval, leaving Circle with no real competition across licensed EU platforms. @BlockentReport

💸 ROYAL GOVERNMENT OF BHUTAN MOVES ANOTHER 700 BITCOIN Onchain Lens flagged another 700 BTC transfer from the Government of Bhutan to Binance today. Bhutan's Bitcoin holdings have now fallen from 13,390 BTC in October 2024 to roughly 2,000 BTC. @BlockentReport

🚨 JUST IN: Tim Draper says he didn't move BTC while doubling down on his $250K target. @BlockentReport

🚨 LATEST: Moonbeam is leaving Polkadot and migrating GLMR to Base. @BlockentReport

🕯 BITCOIN'S REALIZED P/L SIGNAL HITS LOWEST LEVEL IN 43 MONTHS Bitcoin's Realized P/L Ratio has fallen to -0.35, its lowest reading in 43 months, per Cryptoquant. Historically, this on-chain indicator has identified major Bitcoin market bottoms with remarkable accuracy, making its return a closely watched signal for long-term investors. @BlockentReport

🎙 SAYLOR: "BITCOIN IS ECONOMIC IMMORTALITY" Michael Saylor says Bitcoin is more than a trade, it is “economic sovereignty” for families trying to preserve wealth across generations. He compared inflation to losing 7% of your oxygen or blood every year, arguing BTC offers a way out of slow financial erosion. @BlockentReport

🚨 LATEST: Major US sheriffs have dropped their opposition to the CLARITY Act. @BlockentReport

▶️ UPDATE: ZACHXBT SAYS ASCENDEX IS STILL DELAYING WITHDRAWALS 9 DAYS LATER Despite being flagged for possible liquidity issues nine days ago, AscendEX is still delaying withdrawals, while deposits are still open. @BlockentReport

⚡ THROWBACK: Bitcoin on the 4th of July throughout history: 2016: $683 2017: $2,601 2018: $6,599 2019: $11,198 2020: $9,179 2021: $35,287 2022: $19,293 2023: $30,901 2024: $58,600 2025: $108,000 2026: $62,000 Happy 4th of July to all of our American followers. @BlockentReport

⚡ UPDATE: Bitcoin's US ETFs see their 8th consecutive weekly net outflow. @BlockentReport

⚡️ LATEST: U.S. AMBASSADOR BLASTS IRAN IN THE U.N. SECURITY “This is not Tehran, you will not silence this body.” @BlockentReport

👀 IRAN WARNS U.S., ISRAEL AGAINST STRIKING DURING KHAMENEI'S FUNERAL Iranian military commander Ali Abdollah, warned the U.S. and Israel against any attack during the funeral period for former Supreme Leader Ali Khamenei, vowing a "Harsh retaliation" to any such action. @BlockentReport

🚨STUNNING: TRADERS MANIPULATE 500K SPOTIFY STREAMS TO FAVOR BETS Spotify removed over 500,000 artificial streams from Malcolm Todd's "Earrings" after detecting bot-driven activity allegedly designed to manipulate prediction markets. The odds of the song jumped from under 3% to 70% to finish as the month's most-streamed track before Spotify uncovered the fake streams and removed them from the charts. @BlockentReport

🚨JUST IN: $100 MILLION LIQUIDATED AS BTC SURGES PAST $62K Total crypto market cap climbs above $2.15 TRILLION as Bitcoin nears $63k, triggering over $100 million in liquidations in the past 4hrs. @BlockentReport