JP Morgan: Cryptocurrency market expected to rebound in August

According to official data, in the seven days ended June 26, Circle issued about 3.4 billion USDC, redeemed about 3.1 billion USDC, and increased the circulation by about 400 million. The total circulation of USDC is 61.60 billion, and the reserve is about 61.90 billion US dollars, of which cash is about 8.60 billion US dollars, and Circle ReserveFund holds about 53.30 billion US dollars.

According to BusinessWire, Spekter Games Inc. announced the completion of a $5 million pre-seed funding round and the launch of its first Web3 game, SpekterAgency. The round attracted participation from a number of well-known investors, including a16z speedrun, LondonVenturePartners, BRVCapital, Chamaeleon, Accelerator Ventures, Impact46, Versus Ventures, and Alumni Ventures. The funds raised this time will enable Spekter Games to expand Spekter Agency to more platforms, including other chat-bas...

NOYA.ai official said on the X platform: "A potential vulnerability has been found on NOYA. The team has fully investigated. We will keep the community informed of the progress. In the meantime, please suspend the use." In addition, NOYA.ai responded in the Discord community that there is no risk to the user's wallet at present, and no additional operations are required. The team is moving forward with the recovery process and is expected to issue a detailed announcement tomorrow morning. The of...

Solana's new client side Firedancer, built by Jump Crypto, has now gained about 8.6% of the network's pledge share, and the number of validators accounts for about 7.45%. It is understood that Firedancer is the first independent Solana validator implementation after the official Agave; Frankendancer allows nodes to collect data in the main network in advance by "splicing" the Agave voting logic with the Firedancer high-performance network module. The diversification of the client side marks a ke...

According to FarsideInvestors monitoring data, the US spot Ethereum ETF had a net inflow of $7,750 yesterday.

According to on-chain data analyst Ember, crypto venture capital firm a16z crypto transferred 300,000 COMP (about $13.75 million) into Coinbase Prime in the past 40 minutes. It is reported that a16z is the leading investment institution of Compound, investing 1 million COMP (10% of the total COMP) in March 2020. After the transfer of 300,000 COMP, a16z still holds 500,000 COMP (about 22.90 million US dollars).

BlackRock bought $1.15 billion worth of bitcoin this week, bringing its holdings to an all-time high of $77.70 billion.

This week, Hong Kong cryptocurrency concept stocks strengthened, Blue Port Interactive (08267.HK) rose 42.42%, Ouke Cloud Chain (01499.HK) rose 7.58%, Xiongan Technology (01647.HK) rose 4.71%, OSL Group (00863.HK) rose 1.28%.

According to Gemini's official X platform, the cryptocurrency exchange Gemini has launched a tokenized stock service in the European Union. Users can now buy tokenized MicroStrategy (MSTR) shares on the Gemini platform and transfer them freely on the chain. Gemini says it partners with leading providers of tokenized U.S. public securities to provide customers with greater liquidity, transparency, and the same economic rights as the underlying securities (where permitted). The tokenization of MST...

SharpLink Gaming previously announced the purchase of 188,478 ETH ($473.60 million) at $2,513 and another 1,989 ETH ($4.82 million) via OTC 5 hours ago. Whale 0x1fc7, meanwhile, bought and pledged 3,201 ETH ($8.10 million) a week ago and another 1,888 ETH ($4.56 million) an hour earlier.

Nate Geraci, CEO of the US ETF specialist ETFStore, said on social media that the XRP Spot ETF is coming soon. "With Ripple withdrawing its lawsuit against the Securities Exchange Commission (SEC), it clears the way for the XRP Spot ETF... and for BlackRock to join," he stressed.

According to Ember monitoring, a giant whale used 10 million USDC to buy VIRTUAL's whale/institution, and finally lost 6.54 million dollars when it got $1.61 million worth of VVV airdrops. The operation process is as follows: Last December, 10 million USDC was spent on 4.251 million VIRTUAL at an average price of $2.35. In January, he received an airdrop of 101,000 VVVVs for holding a large amount of VIRTUAL, and then sold the airdrop for 1.61 million USDC; In March, 4.251 million VIRTUAL was cl...