🌐 Crypto Market Update — July 6, 2025
📉 Market dips but trading volume surges | $BTC, ETH in green | $TON offers UAE Golden Visas
📰 Top Crypto News Highlights
🎯 Binance Alpha Adds Metaplex MPLX$
Binance Alpha now supports MPLX. Users with 140+ Alpha points can claim 400 MPLX via airdrop. First-come, first-served—claim within 24h or forfeit!
🇺🇸 U.S. Tariffs May Return
Treasury Sec. Bessent warns that if no new deals are struck by Aug 1, tariffs will revert to April levels. [Jinshi]
🏙 $TON Partners with UAE for Golden Visas
$TON now offers 10-year UAE Golden Visas for eligible stakers. A high-profile residency+crypto initiative to attract global investors. CEO Max Crown confirmed: “Absolutely true. DM me.”
💥 Insider Trader Liquidation
"qwatio" suffered a $15.48M liquidation, with only $800K remaining from a huge short position. [Ember]
💣 Massive Liquidations
Coinglass reports $7.85B liquidated in 24h:
🔹 Longs: $4.39B | Shorts: $3.46B
🔹 BTC: Longs $104M / Shorts $64.3M
🔹 ETH: Longs $703.5M / Shorts $631.7M
Largest single liquidation: $90.28M (Binance BTCUSDT)
Total liquidated traders: 51,586
📈 Michael Saylor Hints at New $BTC Purchase
Michael Saylor posts another Bitcoin Tracker reminder, hinting at a potential new $BTC buy by Strategy. Watch this space. 👀
💸 $108M $BTC Sent to Kraken
1,000 $BTC (≈ $108.23M) transferred to Kraken by an address tied to Abraxas Capital. [Arkham]
🇺🇸 U.S. Tariff Rollout Timeline
Commerce Sec. Lutnick confirms:
🔹 July 9: Final deal deadline
🔹 July 10–11: Tariff announcements begin
🔹 Aug 1: Tariffs implemented
🧾 Musk’s Political Party Not Filed
WSJ reports that Elon Musk hasn’t yet filed official papers for his “America Party” despite $300M in PAC contributions for Trump-aligned campaigns.
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