Wednesday Top Crypto News
In one short thread…
Yesterday, the spot Bitcoin ETFs saw a total net inflow of $80.08 million, marking four consecutive days of net inflows and none of the 12 ETFs had net outflows.
Spot Ethereum ETFs recorded a total net inflow of $46.63 million, marking three consecutive days of net inflows.
Tether CEO Paolo said in Bankless: Tether is expected to become the world's largest Bitcoin miner by the end of this year; Tether is actually promoting the expansion of US dollar hegemony…
This year's profit will be greater than last year's 13.7 billion US dollars; Tether does not plan to go public; the next wave of growth will come from the commodity trading sector, and almost all commodity traders are contacting Tether.
Tether, Circle, First Digital, and Paxos, four U.S. dollar stablecoin issuers, collectively hold approximately $182.4 billion in U.S. Treasury assets, surpassing South Korea and the United Arab Emirates to rank 17th on the U.S. Treasury’s country-by-country holdings list, just behind Norway’s $195.9 billion.
The Polygon PoS network will launch the Heimdall v2 consensus layer upgrade on July 10.
This is the most technically complex hard fork since the mainnet launch in 2020, shortening the finality to about 5 seconds and completely removing the old technical debt.
Phantom has launched perpetual futures trading for EU users, powered by Hyperliquid, enabling up to 40x leverage directly within its non-custodial wallet.
Earlier this year, Phantom raised $150 million in a Series C round at a $3 billion valuation and currently has no plans to launch a token.
Hyperliquid has recently deployed the CoreWriter system contract on its mainnet, marking the establishment of seamless bidirectional interaction between HyperEVM and HyperCore….
HyperEVM now has the ability to write to and modify the state of HyperCore, complementing the atomic data reading capabilities previously enabled by Read Precompiles.
This eliminates the need for off-chain systems or complex logic.
Crypto majors trade at the following levels
BTC 108,770 (up 0.5% in 24 hours)
ETH 2,630 (up 3% in 24 hours)
XRP 2.327 (up 2.4%)
SOL 153.0 (up 2.5%)
Have a great day!!
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