The non-fungible token (NFT) market, once highly sought after by crypto traders, is experiencing a significant pullback. Bloomberg cites industry data showing that this previously booming sector has seen its volume decline for the fifth consecutive quarter, with the total transaction amount dropping to $823 million in the second quarter of 2025, a nearly 80% big dump compared to $4 billion during the same period last year, marking its worst performance in history.

Jinse Finance reported that the CoinDesk 20 Index (CD20) outperformed gold and the S&P 500 Index in the last quarter, with nine assets in the CD20 recording positive returns in the second quarter, of which "only four assets - Aave, Bitcoin (BTC), Bitcoin Cash, and Ethereum - performed better than the index."

Gate News bot message, trader known as The Gambler @qwatio has undergone partial liquidations on their leveraged short positions. Specifically, these positions include 40x leveraged Bitcoin (BTC) shorts and 25x leveraged Ethereum (ETH) shorts. The total losses from these trading positions have accum

The stablecoin Falcon USD issued by Falcon Finance fell below the 1 USD peg on July 9, reaching a low of 0.9783 USD, with on-chain liquidity shrinking by over 80%. Although the managing partner claims that its over-collateralization ratio is 116%, DeFi research institutions warn of the risk of over-issuance.

Ego Death Capital has completed a second phase fund of $100 million, focusing on supporting software companies based on the Bitcoin protocol, primarily investing in businesses with annual revenues between $1 million and $3 million, with a preference for Series A financing, and has invested in companies such as Roxom, Relai, and Breez.

Odaily News Japan's 30-year government bond yield soared over 30 basis points in three days, breaking 3%. Concerns about fiscal policy and the upcoming elections may lead to rising bond yields, which could also increase the fluctuation of U.S. Treasuries, potentially affecting risk assets including BTC. (CoinDesk)

The yield on Japan's 30-year government bonds has risen by more than 30 basis points, breaking through the 3% mark and reaching a new high. This reflects market concerns about fiscal policy ahead of the Senate elections, with analysts warning that it may exacerbate global interest rate fluctuations, affecting risk assets such as Bitcoin. The results of the 20-year government bond auction will be closely followed.

According to ChainCatcher news and GlobeNewswire reports, Genius Group Limited (NYSE American: GNS) announced today that it purchased 28 Bitcoins at an average price of $102,858 on July 7, increasing its Bitcoin reserves by 23% to 148 coins. Since the U.S. Court of Appeals lifted the preliminary injunction prohibiting the company from purchasing Bitcoin on May 22, Genius Group has achieved a 113% Bitcoin return, doubling its per-share Bitcoin holdings over the past six weeks. The company has significantly raised its Bitcoin reserve target from 1,000 coins to 10,000 coins, planning to achieve this goal within the next 12 to 24 months.

DWF Labs' Executive Partner responded to doubts regarding the reserves and yields of its stablecoin project USDf, stating that 86% of the reserve assets are stablecoins and BTC, with a collateralization rate of 116% after auditing. The yields mainly come from basis trading, arbitrage trading, and staking. Previously, USDf had a short-lived depeg.

Gate News bot message, a long-dormant Bitcoin wallet has suddenly become active after 6 years of inactivity. The wallet transferred its entire holdings of 6,000 BTC, valued at approximately $649 million, in a single transaction. The wallet initially received the 6,000 BTC on July 25, 2019, when Bit

Nasdaq-listed company Bit Digital has decided to adopt an Ethereum reserve asset strategy and has sold all of its holdings of Bitcoin. The company sold 280 BTC, ending its Bitcoin holdings history, and used the proceeds to purchase ETH. On July 8, the market showed that Bit Digital pre-market rose 16.4%, with its stock price soaring nearly 75% over the past six trading days.

As the cryptocurrency market begins to circulate expectations of a new round of "alts season", Ethereum (ETH) shows strong recovery signals against Bitcoin (BTC). Technical analysts point out that the ETH/BTC exchange rate chart is forming a key bullish pattern. Ethereum's potential strong performance also boosts the sentiment of the entire altcoin market. Currently, the total market capitalization of alts, excluding Bitcoin, is testing a critical historical rising trend support line. If historical patterns repeat, a successful breakout of the current resistance level is expected to push the total market capitalization of alts towards the $2 trillion mark. However, if there is resistance at this key level and a pullback occurs, it may indicate that the market needs to undergo one last pullback before initiating a sustained rise.

From the "Tulip Mania" in the Netherlands during the 1630s to internet memes stocks like GameStop and AMC during the pandemic, history is filled with various peculiar asset price fluctuations. But what exactly makes them financial bubbles? The price of Bitcoin has currently reached about $108,000, up from $55,000 a year ago and $9,200 five years ago. Does this reflect the fundamentals? Possibly. Looking at recent market trends, even in developed economies, policy-induced inflation could shrink the value of your savings by 20% or more. US President Trump has shown a clear inclination to support crypto assets, even mentioning the establishment of a government strategic cryptocurrency reserve. Other store of value assets like gold can be quite tricky for the average investor to buy and sell.

Bitcoin long positions holder Michael Saylor's Strategy made headlines again this Monday, but not for its usual Bitcoin acquisition actions; rather, it did not purchase any Bitcoin during the week of June 30 to July 6. This marks the first time since late March that the world's largest enterprise-level Bitcoin holder has not increased its massive Bitcoin reserves. Currently, Strategy's BTC reserves have reached 597,325 coins, estimated to be worth about $6.471 billion at current market prices.

In the second quarter of 2025, the total amount of risk investment in Crypto Assets reached $10.03 billion, setting a new record. The financing amount in June reached $5.14 billion. Strive Funds, Twenty One Capital, and Securitize became the major financing projects, securing $750 million, $585 million, and $400 million respectively.

Bitcoin (BTC) is attempting to turn two key resistance levels into support after setting a historical highest weekly closing price, laying the groundwork for a new high. Some analysts believe that the crypto assets market may be in a "calm before the storm" phase. Prominent analyst Rekt Capital emphasizes that the goal is to convert this resistance into support, which would push BTC towards new all-time highs (ATH). He noted: "Given that the price barely closed above the final weekly resistance level, this leaves very little chance for the price to cleanly pull back and confirm that level as support; in other words, this pullback process is likely to be highly volatile."

Gate News bot message, The cryptocurrency market displayed a modest bearish movement, with the total market capitalization maintaining stability amid decreased trading volumes. Bitcoin traded at $108,378, recording a 0.54% decline, while Ethereum settled at $2,551, down by 0.84%. The broader market

Recently, the cryptocurrency market has experienced a general fall, with mainstream tokens such as Bitcoin (BTC), Ethereum (ETH), DOGE, and Shib Inu (SHIB) all showing losses. This decline is mainly attributed to new concerns about a potential trade war, shaking investor confidence. Despite the market slump, several analysts remain bullish on the prospects of Bitcoin, Ethereum, DOGE, and SHIB. Some analysts point out that key indicators like MVRV (market capitalization to realized value ratio) are still below historical peaks. The continued increase in global liquidity suggests that the crypto bull run has not yet ended. They believe prices could break through $117,000 and are expected to reach the range of $140,000 to $170,000.

Sentora reports that the volume of Bitcoin miners in on-chain transactions has dropped to 3.3%, the lowest since November 2022. This indicates that miners are more inclined to hoard Bitcoin and reduce selling, which may reflect a wait-and-see sentiment in the market.

Market optimism regarding the potential conclusion of the SEC lawsuit against Ripple drove the price of XRP to a six-week high of $2.3539 on July 7 (Monday). Although the SEC has remained silent on its appeal plans, recent events have strengthened market expectations that the SEC will abandon its appeal regarding the "XRP programmatic sales ruling." Investors should continue to follow the following key drivers that will determine whether XRP and BTC prices can reach new all-time highs: 1. Latest developments in the Ripple case: SEC appeal plans (whether the SEC will withdraw the appeal). 2. Legislative progress: Advancements in crypto legislation such as the "Market Structure Act." 3. U.S. trade news: Potential retaliatory measures from countries regarding Trump's tariff letters. 4. The Federal Reserve (FED) policy guidance: Signals of hawkish or dovish stance. 5. ETF market fund flows: Trends in fund flows are crucial for the supply-demand balance of BTC.

The current price movement of Bitcoin shows resilience above $100,000, but the exhaustion of volume and the exit of retail investors pose short-term concerns. On-chain data reveals positive signals of accumulation by whales and long-term holders, while the MVRV ratio also suggests that upward potential still exists. The market is at a critical node, and a decrease in OTC supply may trigger a rebound driven by supply shortages in the future. Investors need to closely monitor changes in volume and the differentiation in behavior between whales and retail investors to determine whether the BTC bull run is sustainable.

BlockBeats news, on July 8, according to Cointelegraph, BlackRock's Bitcoin Spot ETF IBIT holds over 700,000 BTC, valued at approximately $75.5 billion. According to Apollo co-founder Thomas Fahrer, BlackRock's Bitcoin Spot ETF IBIT holds 700,307 BTC.

PANews July 8 news, according to an official announcement, the UK listed company Cel AI today announced that it has spent approximately $274,000 to increase its holdings by 2.52 BTC. After this purchase, the total amount of Bitcoin held by the company has reached 8.70 coins.

BlockBeats news, on July 8, the first Bitcoin reserve company in Europe, The Blockchain Group, raised approximately 3 million euros (3.52 million USD) to increase its holdings of BTC.

Gate News bot reported that Eric Trump, the second son of Trump, will speak at the BTC Asia conference held in Hong Kong this August, continuing the Trump family's active presence in the Crypto Assets conference sector. Hong Kong is advancing a series of legislation supporting Crypto Assets through its local council (i.e., Legislative Council). Before the United States passed the Stablecoin Act (GENIUS Act), Hong Kong already had its own stablecoin legislation.

Bitcoin ($BTC) has opened a new round of downward movement after failing to effectively break through the $110,000 key resistance zone. The current price is testing the $107,500 important support area, and if it loses this level, it may trigger a deeper pullback. In the short term, the price could accelerate towards $104,200, with $103,500 being a major support level and an important target for short positions. A break below this level could lead to a deeper fall.

Odaily News According to official news, Australia's Monochrome Spot Bitcoin ETF (IBTC) disclosed that as of July 8, the open interest has reached 939 Bitcoins, with a market capitalization of approximately 157 million AUD.

In June, Metaplanet's stock trading volume reached 18.7 trillion yen, surpassing Toyota and Sony. The usage scale of stablecoins in Yiwu is relatively small. BioSig plans to raise $1.1 billion through its merger with Streamex. ETH whales have once again purchased 1,969 WETH, with a total investment exceeding $5 million. BTC whales have turned profits from short orders. Both Bitcoin and Ethereum spot ETFs have achieved net inflows.

Bitcoin has been fluctuating in a narrow range slightly below its historical high, recently showing signs of a rise, but has not yet recovered peak prices. The asset previously reached a seven-day high of $110,307 but has since retreated, currently trading at approximately $108,008.6, down 1.03% in the past 24 hours. Despite the market remaining cautiously optimistic, several indicators suggest that market participants still have differing views on Bitcoin's next move.

ChainCatcher news, according to SoSoValue data, yesterday (Eastern Time July 7) Bitcoin Spot ETF total net inflow was 217 million USD. The Bitcoin Spot ETF with the highest net inflow yesterday was the Blackrock ETF IBIT, with a net inflow of 165 million USD for the day. Currently, the total historical net inflow of IBIT has reached 52.81 billion USD. Secondly, Fidelity ETF FBTC had a net inflow of 66.0479 million dollars in a single day, and the historical total net inflow of FBTC has reached 12.275 billion dollars. The Bitcoin Spot ETF with the highest net outflow yesterday was the Grayscale ETF.

Today (8) in the Asian early session, the price of Bitcoin (BTC) has further retraced, currently reported at around 107660 USD. The dynamics of U.S. tariffs have affected the demand for Bitcoin (BTC). U.S. President Trump issued a trade letter overnight, reintroducing the same tariffs as on April 2. As trade panic escalates, it may further delay The Federal Reserve (FED) from cutting interest rates.

The cryptocurrency market was recently shaken by a major piece of news: a Bitcoin (BTC) ancient whale address that had been inactive for 14 years has become active again since noon on the 4th of this week, with its associated 8 wallet addresses being activated one after another. This batch totals 80,009 BTC, which, at the current market price, has a total value of approximately 8.69 billion USD, all of which has been transferred to 8 new addresses. The movement of this "ancient capital" immediately raised concerns in the market about potential selling pressure, and speculation about the true identity of this whale has also become rampant, with Roger Ver being a commonly speculated individual within the community.

Since Wednesday, Bitcoin (BTC) has been trading within a narrow range of $107,300 to $110,600, fueling speculation about a potential price surge. Market participants are increasingly convinced that new liquidity injected by major central banks could act as a catalyst for a Bitcoin pump.

PANews July 8 news, according to SoSoValue data, the crypto market zone has generally welcomed a pullback after a continuous rise, among which the SocialFi zone fell by 4.02% in 24 hours. Within the zone, Toncoin (TON) fell by 4.21%, and Chiliz (CHZ) fell by 3.48%. In addition, Bitcoin (BTC) fell by 1.40%, but at one point broke through $109,000, now retreating to $107,000. Ethereum (ETH) fell by 1.69%, pulling back to around $2,500. In other zones, the PayFi zone has fallen by 0.86% in the last 24 hours, with Monero (XMR) and Telcoin (TEL) respectively down 3.01% and 3.32%; CeFi

The German listed company Nakiki SE plans to fully adopt Bitcoin as its treasury strategy, aiming to become the first listed company in Germany to use only Bitcoin reserves, and will propose related changes in 2025. This strategy is analogous to Michael Saylor, aiming to enhance Bitcoin's status as a strategic asset.

PANews, July 8th news, according to Bitcoin Magazine, the German listed company Nakiki SE (ISIN: DE000WNDL300) announced that it will fully adopt Bitcoin as its sole treasury reserve asset, aiming to become the first listed company in Germany to emulate the MicroStrategy business model. The company plans to propose a name change and amend its articles of association at the shareholders' meeting in the second half of 2025 and is currently in discussions with investors to raise funds for Bitcoin allocation through a stock issuance.

Bitcoin (BTC) has risen 7% in the past two weeks, despite market expectations that the Federal Reserve (FED) is likely to keep interest rates unchanged at the meeting on July 30. However, Bitcoin still shows signs of strength. Some indicators suggest that the market may be entering an overheating zone. According to a recent article by contributor burakkesmeci on CryptoQuant Quicktake, the Bitcoin network transaction value (NVT) golden cross is rising. Importantly, this upward trend begins to signal signs of market overheating.

According to a report by Golden Finance, TraderT monitored that the net inflow of the US Spot Bitcoin ETF yesterday was $216.29 million.

Bitcoin today (8) is experiencing a pullback, currently reported at around 108,000 USD, after previously facing strong dumping pressure near the 110,500 USD mark, indicating the short positions' determination to defend this important resistance level. However, for the long positions, an encouraging signal is that the price remains above the MA, reflecting the firmness of investor sentiment and the current lack of profit taking.

Since the beginning of 2025, the liquidity engine supporting risk assets, including Bitcoin, is now turning to a reversal. Macro analyst Thomas stated that the Federal Reserve's six-month liquidity rise trend has ended, and the U.S. Treasury is about to face a wave of debt issuance that could cause instability.

The largest Bitcoin whale on Wall Street, Strategy Corp (formerly MicroStrategy), announced on Monday (July 7) that its Series A Perpetual Stride preferred stock (STRD) has entered the issuance phase with a market capitalization of $4.2 billion, following the company's end of three consecutive months of Bitcoin accumulation last week. Currently, despite the increase in government bond allocations and continued inflows into Bitcoin exchange-traded funds (ETFs), the demand for Bitcoin spot has declined.

According to BlockBeats news on July 8, the Alternative data shows that today's encryption fear and greed index is 65 (yesterday it was 73), indicating a cooling of the market "greed" sentiment. Note: The panic index threshold is 0-100 and includes indicators: Fluctuation (25%) + market volume (25%) + social media heat (15%) + market surveys (15%) + Bitcoin's proportion in the overall market (10%) + Google Trends analysis (10%).

A strong pattern has emerged: whenever the year-on-year growth rate of the global Money Supply reaches or approaches the current level of 9%, Bitcoin has experienced a massive bull run in the subsequent twelve months. The historical average increase is an astonishing 460%! This indicates that the global Central Bank's initiation of "money printing" mode often has a significant bullish effect on Bitcoin prices. Given that the current global Money Supply is once again growing at a considerable pace, whether Bitcoin can replicate its historical brilliance in the coming year has become the focus of attention for Crypto Assets investors and a potential major investment opportunity in Bitcoin.

Gate News bot message, a Crypto Assets Whale investor has opened a large-scale Bitcoin short positions on the Hyperliquid platform. The investor had previously realized a profit of $13.6 million on the platform. The latest trading data shows that the investor deposited 4 million USDC as margin and opened a short position of 1097.47 BTC (approximately 118.8 million USD) with 40x leverage. The entry price for the trade was $107,926.6, and the liquidation price is $116,510. As of now, the position has unrealized losses of $1.176 million.

Gate News Bot news, on July 8, according to CoinMarketCap data, as of the time of writing, BTC (Bitcoin) is currently priced at $108,300, falling by 0.52% in the last 24 hours, with a high of $110,500 and a low of $105,200. The 24-hour volume reached $45.557 billion. The current market capitalization is approximately $2.15 trillion, decreasing by about $11.196 billion compared to yesterday. Bitcoin is an innovative payment network and a new kind of currency. Bitcoin operates on a peer-to-peer technology, without the need for a central authority or bank; transaction management and the issuance of Bitcoin are conducted collectively by the network. Bitcoin is open-source; its design is public, no one owns or controls Bitcoin, and anyone can participate. Through its many unique attributes, Bitcoi

Odaily News The Smarter Web Company (AQUIS: SWC), a technology company listed in London, announced on Monday that it has increased its holdings by 226.42 Bitcoins, with a purchase amount of approximately £17.87 million (about $24.4 million), at an average price of £78,932 (about $107,726) per coin. The company currently holds a total of 1,000 Bitcoins, with a total investment of £78.22 million.

According to a report by Jinse Finance, 26 Bitcoin-related bills have been passed in 14 states in the United States this year, as disclosed by Bitcoin Laws.

BlockBeats news, on July 8, the US SEC has confirmed receipt of the Spot Bitcoin and Ether ETF application submitted by Truth Social.

According to Gate News bot, on-chain data shows that a large Bitcoin holder with the address bc1q2q deposited 1,200 Bitcoins, worth approximately $131 million, into a Centralized Exchange in the past 7 hours. Previously, this Address deposited 1550 Bitcoin (approximately $167 million) to a Centralized Exchange. This series of actions occurred after a transfer of 80,009 Bitcoin (approximately $8.7 billion) from a Bitcoin account that had been inactive for 14 years. Source: Lookonchain

Odaily News According to Lookonchain monitoring, today 10 U.S. Bitcoin ETFs had a net inflow of 3,199 BTC, among which Fidelity had an inflow of 2,159 BTC, currently holding 203,509 BTC, worth $2.199 billion; 9 Ethereum ETFs had a net inflow of 24,968 ETH, among which Fidelity had an inflow of 24,968 ETH, currently holding 523,594 ETH, worth $1.33 billion.