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On-chain analyst Specter posted on the X platform, revealing that about 16 hours ago, a wallet suspected to be related to Mining Express exchanged 5,004 ETH for approximately 8.8 million DAI. Specter stated that he first tagged this address on June 15 but only recently completed further tracking analysis, providing multiple related addresses for verification.Currently, this large-scale exchange behavior has drawn market attention to potential historical capital flows and liquidation motives. According to his tracking, this address has an on-chain connection to the Mining Express project initiated in Ukraine in 2019 by Brazilian founder Kaze Fuziyama.The project initially attracted investors through a multi-level marketing (MLM) approach, later being labeled a Ponzi scheme, and after halting payments, shifted to business models such as cloud rendering.Historical on-chain records show that on March 19, 2024, this wallet received 4,512 ETH from related addresses and subsequently engaged in staking operations through Lido and Ether.fi; by April 2026, all these ETH had entered a staked state and were fully unstaked by May 4.

According to CoinDesk, the UK's Financial Conduct Authority (FCA) officially announced a regulatory framework for crypto assets this week, which has been widely regarded by the industry as an international plan emphasizing "global liquidity access," but its implementation still faces significant compliance and approval challenges.Under the new regulations, the FCA allows overseas trading platforms to serve UK users through locally authorized branches and to access global trading infrastructure, thereby avoiding the creation of a closed domestic liquidity pool. At the same time, stablecoins not issued in the UK can also circulate in the UK market, a stance that is seen as a clear distinction from the European Union's Markets in Crypto-Assets Regulation (MiCA) regional isolation model.The "Qualified Crypto Asset Trading Platform" (QCATP) mechanism in the new regulations is viewed as a key structure connecting global exchanges with the UK market, expected to enhance price efficiency and market depth. However, industry insiders point out that the FCA has not clarified which jurisdictions are recognized as having "comparable regulatory protection," and this uncertainty may affect corporate layout decisions.In addition, rules related to decentralized finance (DeFi) are still not fully defined, and some practitioners worry that early proposals may restrict centralized platforms' access to the DeFi ecosystem, causing the UK to lag behind other jurisdictions in related innovation fields.On the compliance front, lawyers have pointed out that under the new Financial Services and Markets Act framework, the authorization process may be extremely stringent, with historical data showing that the FCA's anti-money laundering registration approval rate is less than 15%. The new system will also cover multi-dimensional regulatory requirements such as consumer responsibility, capital adequacy, operational resilience, and executive accountability, significantly raising the entry threshold.The industry believes that the framework overall provides a systemic basis for institutional funds to enter the crypto market, but whether the UK can truly become a global crypto hub will depend on the certainty of regulatory enforcement and approval efficiency in the coming months.

According to Xinhua News Agency, British Prime Minister Starmer and French President Macron issued a joint statement on the 3rd, stating that the two countries will cooperate with Oman to ensure the security of its sovereign maritime shipping.Iranian Deputy Foreign Minister Karibabadi responded on the 4th, stating that the Strait of Hormuz is not a place for external countries to conduct military displays, and Iran opposes any military actions that may affect the safety of this waterway. Karibabadi responded on social media, saying that as the guarantor of security in the Strait of Hormuz, Iran will remain highly vigilant regarding relevant military movements. The security of the Strait of Hormuz should be jointly maintained by the coastal countries, and any actions that create crises will be borne by the relevant parties. He also emphasized that the aforementioned warning "is serious."

The decentralized privacy protocol Hinkal has released a security incident update, confirming that attackers extracted approximately 797,000 USDC from its Ethereum contract through a series of transactions and exchanged it for about 454 ETH. Approximately 410 ETH was subsequently transferred to Tornado Cash, while the remaining approximately 44.67 ETH was cross-chain transferred to the Bitcoin network via THORChain. They are currently tracking the flow of funds in collaboration with external security teams.Hinkal stated that this security incident is limited to the relevant funds pool on the Ethereum chain, and other on-chain contracts have not been affected. However, all contracts have been temporarily suspended for repairs and security verification. All affected user funds will be compensated at a 1:1 ratio, and the specific compensation process and timeline will be announced in future updates.

According to Coinglass data, the Coinbase Bitcoin Premium Index has been in the negative premium range for 47 consecutive days (from May 19 to present), with the latest value at -0.1007%.

CryptoQuant analyst Axel Adler Jr. posted an analysis on the X platform stating that Bitcoin has entered the late stage of a bear market, and the U.S. spot ETF has shown for the first time that selling pressure is easing. In the latest trading day, the U.S. spot Bitcoin ETF saw a net inflow of $223 million.Most of the demand flowed into FBTC (+$166 million) and ARKB (+$91.8 million).

The U.S. stock-listed Bitcoin mining company Bitdeer disclosed that as of July 3, 2026, its own BTC holdings remain at 0, excluding customer deposits.This week, Bitdeer produced 223.1 BTC, sold 223.1 BTC, resulting in a net increase of 0 BTC. Bitdeer has disclosed its own BTC holdings as 0 since February 20, 2026, and it has continued for 19 weeks.

Moonbeam, a Polkadot parachain, announced on platform X that it will launch a brand new Moonbeam protocol, transforming into a decentralized AI Agent communication and settlement network for the future on-chain economy. At the same time, the GLMR token will migrate to Base at a 1:1 ratio, becoming a native ERC-20 token.Cross-chain migration is now open, with a deadline of July 31, 2026. The official statement indicates that users holding GLMR on centralized exchanges do not need to take any action.

According to official news, the crypto-native cross-border financial platform Offramp, primarily aimed at freelancers in Latin America, will cease operations.As of July 1, functions such as transfers, QR code payments, deposits, and investments have been disabled. Starting July 31, Offramp will stop fiat currency deposits and withdrawals as well as cryptocurrency deposits, and will disable physical and virtual cards and stop the operation of the mobile application. On September 30, Offramp will stop cryptocurrency withdrawals, and by December 31, the remaining functions will be disabled, officially ceasing operations.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to 4.9 billion dollars, with long positions totaling 2.402 billion dollars, accounting for 49.03% of the holdings, and short positions totaling 2.497 billion dollars, accounting for 50.97%. The profit and loss for long positions is -18.8875 million dollars, and for short positions, it is -87.8982 million dollars.Among them, the whale address 0x082e..88 has taken a 5x leveraged long position on HYPE at a price of 38.6755 dollars, currently showing an unrealized profit and loss of 43.828 million dollars.

According to Jinshi reports, the US dollar weakened significantly this week, expected to record the largest weekly decline since April, due to a noticeable cooling in the US June employment data, leading the market to lower its short-term interest rate hike expectations for the Federal Reserve. The dollar index fell about 0.5% this week.Against this backdrop, the euro rose to 1.144 USD, with a weekly increase of about 0.5%; the pound rose to 1.3352 USD, with a weekly increase of about 1.1%. The yen rebounded from a 40-year low, with the dollar against the yen briefly retreating to around 161.Analysts pointed out that the dollar's movement has been significantly influenced by employment data and interest rate expectations. If subsequent economic data continues to weaken, the dollar may still face further pressure.

Sharplink Co-CEO and former Blackrock executive Joseph Chalom stated that Ethereum has over 900,000 validators and more than 1,000,000 developers, possessing a decentralization advantage that Solana cannot match.Data from Electric Capital shows that 1,012,824 developers have contributed code to Ethereum, with approximately 232,000 remaining active over the past 12 months.Chalom noted that Solana has fewer than 800 validators, with 92% running on the same client. Data shows that Sharplink held 886,725 ETH as of late June.

Crypto journalist Eleanor Terrett posted on the X platform that after the release of President Trump's financial disclosure documents, Senator Gillibrand once again called for advancing ethical reforms to prohibit the president, congressional members, and their spouses from issuing or sponsoring digital assets.The financial disclosure documents show that President Trump earned over $600 million from his Solana Meme coin in 2025. At the time of this announcement, Senator Gillibrand's long-standing position advocating for stronger ethical rules came under more scrutiny, as reports emerged that her son had raised funds to launch a cryptocurrency derivatives exchange.

The Kobeissi Letter stated that foreign investors are flooding into the U.S. stock market at a record pace. The cumulative amount of global investment funds flowing into U.S. stocks since the beginning of the year has risen to about 2.5% of their total assets under management. Since May alone, this ratio has more than doubled. In contrast, the average outflow during the same period from 2002 to 2025 was 0.3%, and the current level is significantly higher than the historical average.If we exclude the top 10% of years with the highest inflows and the bottom 10% of years with the highest outflows from 2002 to 2025, the average amount of global funds flowing into U.S. stocks during the same period is about 1.5% of total assets under management. The speed of inflows into U.S. stocks this year has already surpassed the total inflow for the entire year in the middle 50% of years since 2002, and current demand for U.S. stocks is at an unprecedented level.

The New Hampshire House Bill HB639 has completed the registration process. The bill specifies that state and local governments may not restrict individuals from using digital assets for payments or holding assets through self-custody wallets, nor may they impose additional taxes solely for the use of digital assets.At the same time, individuals or businesses operating nodes, engaging in mining or staking activities, are not required to obtain a money transmission license, and such activities are not considered the issuance or sale of securities.

According to monitoring by Lookonchain, the BlackRock ETF address has recorded a net outflow of Bitcoin for 10 consecutive trading days, totaling 35,980 BTC (approximately 2.24 billion USD).

According to Decrypt, UK Labour MP Phil Brickell has requested the Parliamentary Commissioner for Standards to investigate Reform UK leader Nigel Farage, examining whether he engaged in improper lobbying regarding the Bank of England's cryptocurrency policy after receiving significant financial support from Tether's major investor Christopher Harborne.Reports indicate that Farage privately met with Bank of England Governor Andrew Bailey in September 2025, where he advocated for abandoning the launch of the central bank digital currency "Britcoin" and opposed limits on individual holdings of stablecoins.Christopher Harborne is alleged to hold approximately 12% of Tether's equity and previously provided Farage with an undisclosed personal gift of £5 million, as well as donating around £15 million to Reform UK.

According to monitoring by Bubblemaps, a cluster of addresses consisting of 4 associated wallets purchased 2.7% of the supply of ANSEM shortly after its launch and sold all of it on June 19, making a profit of about $2,000.The cluster missed out on potential earnings of millions of dollars; if calculated at the current price, the portion they sold earlier is worth approximately $4.7 million.