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Wu Blockchain News

WuBlockchain’s only official Telegram account Colin Wu, Reporter Important Crypto News mainly Asia More Channels: http://linktr.ee/wublockchain Contact us: @colinwu1989 non-financial advice Be careful of telegram scams, do not transfer money to anyone!

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According to Arkham, the German Government transferred a total of 1,200 BTC to Coinbase, Bitstamp and Kraken at 21:28 UTC+8 today, 700 BTC to the suspected B2C2 Group: 139PoP…H7ybVu, 700 BTC to Flow Traders, and 400 BTC to an unmarked address: bc1qu3…guzr4j. — link
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WuBlockchain has counted twenty TOP projects that may issue tokens in the second half of the year, including Monad, Aleo, Magic Eden, Berachain, Babylon, Scoll, Karak, Movement, SynFutures, Backpack, Puffer, LiFi, Lens, Solv, Symbiotic, Swell, Zircuit, StakeStone, Hamster Kombat and HyperLiquid.
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Opinion: An in-depth analysis of Bitcoin's buying and selling pressure: Is the short-term bottom here? What lies ahead? This Bitcoin downturn started on June 7th and is likely to be fully digested by August 7th. Historically, the market's digestion of panic from unique selling events typically lasts no more than two months. Read more — link
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An in-depth analysis of Bitcoin's buying and selling pressure: Is the short-term bottom here? What lies ahead?

Author: SoSoValue Research Translation: WuBlockchain This article was written on July 4, and some information and data are delayed. Today, after Bitcoin's price quickly broke through the crucial support level of $56,000, it has become difficult to make investment judgments from a traditional technical perspective. Where is the bottom of this downturn? This has become the most pressing question for all investors. Whenever the market faces such large-scale panic moments, we return to first principles and analyze the fundamental mechanisms of price formation by examining the supply and demand dynamics of Bitcoin. Through studying the state and motivations of buyers and sellers, we hope to help investors find the best buying point in a market filled with diverse opinions and emotions.

The Bitstamp exchange said that according to the agreement with the Mt Gox trustee, Bitstamp has 60 days to distribute tokens and will ensure that these investors are compensated ASAP. Previously, several Mt Gox creditors in Japan confirmed that they had received BTC and BCH compensation in exchange accounts of Bitbank or Kraken. — link
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The German Government transferred 133.722 BTC to the market maker Cumberland DRW at 18:58 UTC+8 today. At 19:11 UTC+8, it transferred 150 BTC to Kraken and 1,000 BTC to the B2C2 Group and 250 BTC to the unmarked address. At 19:41, a total of 600 BTC (300 BTC each) was transferred to Coinbase and Bitstamp amd 1,000 BTC was transferred to market maker Flow Traders.
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According to BscScan, the whale named capybara_bnb: 0xda…664fe deposited 200,000 BNB to Binance Deposit at 18:16 UTC+8 today, worth about $103 million. Currently, capybara_bnb still holds 204,609,000 BNB, worth about $105 million. — link
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According to CoinShares, digital asset investment products saw a total of $441 million in inflows last week, with recent price weakness triggered by Mt Gox and selling pressure from the German government likely seen as a buying opportunity. Bitcoin inflows amounted to $398 million. — link
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According to Arkham, the German Government transferred a total of 500 BTC to Bitstamp and Coinbase (250 BTC each), worth about $27.9 million, at 14:48 UTC+8 today, and transferred 500 BTC to an unmarked address: 139PoP…H7ybVu, worth about $27.9 million, which may be a deposit address of an institution or OTC service. — link
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Binance will delist and stop trading of all spot trading pairs of the following tokens on July 22 at 11:00 UTC+8: BarnBridge (BOND), Dock (DOCK), Mdex (MDX), and Polkastarter (POLS). — link
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According to CryptoRank statistics, the top 10 centralized exchanges in terms of capital inflow in the second quarter of 2024 include Binance ($908 million), Bitfinex ($709 million), Bitget ($561 million), Bybit ($465 million), Gate ($400 million), etc. Binance is still in the lead. — link
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