SharpLink raised approximately $413 million in net proceeds between July 7 and 11, of which approximately $156 million has been invested in $ETH
SharpLink has become the largest Ethereum ($ETH) holder among enterprises. The company raised approximately $413 million in net proceeds from the ATM program from July 7 to 11, of which approximately $156 million has been invested in $ETH, and the remaining approximately $257 million can be used for future Ethereum acquisitions. From July 7 to 13, SharpLink purchased approximately 74,656 $ETH at an average price of approximately $2,852 per ETH. The total holdings currently amount to 280,706 $ETH, of which approximately 99.7% have been staked, and approximately 415 $ETH have been earned since June 2. Since June 13, $ETH concentration has increased by approximately 23%.
Trend Research transferred another 5,000 $ETH to Binance 10 minutes ago
According to Ember, Trend Research transferred another 5,000 $ETH (about $15.71 million) to Binance 10 minutes ago. Today, the agency has transferred a total of 32,519.7 $ETH (about $102 million) to Binance for sale, and has withdrawn $50.6 million in USDT to repay loans and unload leverage.
A whale organization sold 15,000 $ETH through Wintermute in the past 8 hours
According to Ember, the whale/institution that made a profit of $30.45 million through two $ETH band operations has reduced its holdings of 15,000 $ETH (about $46 million) again through Wintermute in the past 8 hours. The institution bought 132,000 $ETH at an average price of $2,540 in the third round from June 11 to 22, and began to sell them in batches on July 9. So far, 88,592 $ETH have been sold for $246 million USDC, with an average selling price of $2,779, and a profit of $21.17 million has been realized. It still holds 45,000 $ETH (about $141 million), with a floating profit of $26.86 million.
Pump.Fun is suspected to have transferred 98,000 $SOL to the repurchase address, worth about $16 million
Information on the chain shows that Pump.Fun has allegedly transferred 98,000 SOLs to the repurchase address, worth about $16 million. Earlier, there was market news that Pump.Fun launched the first round of PUMP repurchases.
Cantor Fitzgerald plans to reach a SPAC deal worth more than $4 billion with Bitcoin pioneer
According to the Financial Times, Cantor Fitzgerald is in late-stage negotiations with Adam Back, an early Bitcoin supporter and founder of Blockstream Capital, on a Bitcoin acquisition deal totaling more than $4 billion. The deal involves Cantor's SPAC company Cantor Equity Partners 1, which plans to acquire more than 30,000 Bitcoins and plans to further increase its holdings of digital currencies through external financing.
Citigroup CEO: Citigroup is exploring the possibility of issuing stablecoins
According to Jinshi.com, Citi’s CEO said that Citi is exploring the possibility of issuing stablecoins.
Tether holds over $127 billion in U.S. Treasuries in Q2
Tether CEO Paolo Ardoino posted on the X platform that in the second quarter of 2025, Tether (USDT) held more than $127 billion in U.S. Treasury bonds.
Eclipse will launch ES token airdrop at 17:00 on July 16
Eclipse announced on the X platform that the ES token airdrop application will be open at 17:00 Beijing time on July 16, and ES will be issued simultaneously on the Eclipse mainnet, Ethereum mainnet and Solana network.
GameStop CEO: Buying Bitcoin is to hedge against inflation, and will not imitate Strategy's model
According to CNBC, GameStop CEO Ryan Cohen said in an interview that the company will not follow Strategy's model, but has its own unique strategy. GameStop currently has a very strong balance sheet with more than US$9 billion in cash and securities. The purpose of purchasing 4,710 $BTC was only to regard Bitcoin as a tool to hedge against inflation and global money printing.
Market News: ProShares Launches ETF Aiming to Achieve 2x Intraday Returns on $SOL and XRP
According to market news, ProShares launched an ETF that aims to achieve a 2x return on $SOL and XRP within a day.
OFA Group, a listed company, has reached a $100 million equity financing agreement to establish a cryptocurrency reserve
According to an official announcement, construction services company OFA Group (Nasdaq: OFAL) has obtained a $100 million (expandable to $200 million) equity financing arrangement and will work with Bitwise to launch a cryptocurrency reserve focused on Bitcoin, $SOL and SUI.
The U.S. June core CPI annual rate was 2.9%, and the seasonally adjusted core CPI monthly rate was 0.2%
According to Jinshi.com, the U.S. June unadjusted core CPI annual rate was 2.9%, expected to be 3.00%, and the previous value was 2.80%. The U.S. June unadjusted CPI annual rate was 2.7%, expected to be 2.70%, and the previous value was 2.40%. The U.S. June seasonally adjusted core CPI monthly rate was 0.2%, expected to be 0.30%, and the previous value was 0.10%. The U.S. June seasonally adjusted CPI monthly rate was 0.3%, expected to be 0.30%, and the previous value was 0.10%.
Strategy says it currently holds 3% of all bitcoins in circulation
Strategy ($MSTR) posted on the X platform that it currently holds 3% of the total amount of Bitcoin in circulation. Earlier news, Strategy spent about $472.5 million last week to increase its holdings by 4,225 Bitcoins, bringing its total holdings to 601,550 Bitcoins.
Dakota, a stablecoin bank founded by former Coinbase executives, completes $12.5 million Series A financing, led by CoinFund
According to Fortune magazine, Dakota, a stablecoin bank founded by former Coinbase executive Ryan Bozarth, has completed a $12.5 million Series A financing round, led by CoinFund, with participation from 6th Man Ventures, Digital Currency Group, and Kraken's Triton Ventures. Dakota uses stablecoins to transfer funds and provides bank account-like services to businesses and individuals. Its business model combines traditional banking functions with blockchain technology, mainly serving overseas corporate users in non-encrypted fields. The platform has currently processed $1.6 billion in transactions and is expected to reach $4 billion by the end of 2025. Although it does not hold a banking license, the company has registered as a money service business in the United States and Europe.
BlackRock quarterly financial report: Bitcoin ETF inflows surged 366% in the second quarter
According to Cointelegraph, the second quarter 2025 financial report of BlackRock, the world's largest asset management company, showed that its cryptocurrency ETF fund inflows reached US$14 billion, a surge of 366% month-on-month, accounting for 16.5% of the total ETF inflows in the quarter, a significant increase from 2.8% in the first quarter. Although the crypto business only contributed 1% of the basic fees ($40 million), the revenue of this sector increased by 18% month-on-month. BlackRock pointed out that the rapid growth of the digital asset business shows the potential for future revenue contribution. The company's CEO Larry Fink emphasized that through cryptocurrency products and new funds of the Indian joint venture Jio BlackRock, a new generation of investors around the world is being attracted. Affected by the redemption of $52 billion of low-fee index products by a single institutional client, BlackRock's total fund inflows in the second quarter fell 19% year-on-year to $68 billion. As of the end of June, BlackRock managed assets of $11.5 trillion.
OpenSea CTO: We will integrate NFT, tokens, DeFi and other functions to create a "full-featured application on the chain"
According to Cointelegraph, as the volume of digital collections continues to shrink and competition intensifies, cryptocurrency trading platform OpenSea is expanding its business beyond NFT. On July 8, OpenSea announced the acquisition of mobile token trading platform Rally to promote the expansion of mobile business, strengthen token trading capabilities, and create a "full-featured application on the chain." Chris Maddern, co-founder of Rally, is now the chief technology officer of OpenSea. He said that this integration will bring together the best resources in the encryption field and provide a one-stop service, allowing users to access more opportunities, assets and cultural experiences through on-chain applications. Maddern revealed that the new mobile platform will integrate NFT, tokens and DeFi functions. When users want to make cryptocurrencies more valuable, they can open the OpenSea application. Rally will lay the foundation for OpenSea's mobile experience, and its team's experience will support the development of new applications. The combination of the two will build a multi-asset ecosystem and promote the coordinated development of tokens and NFTs. In addition, the new application will also integrate AI technology to help users operate safely, optimize the function discovery experience, and be used in educational scenarios.
Crypto infrastructure company Function completes $10 million seed round of financing, led by Galaxy Digital
According to CoinDesk, crypto infrastructure company Function (formerly Ignition) has completed a $10 million seed round of financing, led by Galaxy Digital, with participation from Antalpha and Mantle. In addition to investment, Galaxy Digital will also participate in FBTC's core businesses such as liquidity provision and governance framework design. The company is committed to developing institutional-level yield solutions for Bitcoin. Function's core product FBTC is a fully-reserved, composable Bitcoin [Ember]