News linked to both this project and an event.
WEEX Exchange has launched the large-scale themed trading reward campaign “World Cup × Monopoly: Participate and Win $1 Million in USDT,” which runs until 23:59:59 (UTC+8) on July 20, covering the entire World Cup season. The campaign features low participation thresholds and highly engaging interactive gameplay: users can earn dice by completing tasks such as registration, depositing funds, trading futures and spot assets, consuming dice, and inviting friends to join. After rolling the dice, users advance across the game board according to the number shown; landing on specific squares entitles them to rewards including BTC, ETH, and USDT. Rolling dice to advance on the board and completing weekly trading tasks both accumulate points. Reaching designated point thresholds unlocks milestone rewards such as USDT, WXT tokens, fee discounts, and trial funds. Additionally, users can spend points to interact with World Cup matches—cheering for their favorite teams—and leverage small investments to earn even more points.
According to Trader T (@thepfund), yesterday’s Bitcoin spot ETF saw a net outflow of $213.84 million, marking the 18th consecutive trading day of net outflows.
According to Lookonchain monitoring, the whale address "bc1q2t" has withdrawn a total of 2,341 BTC, worth approximately $144.68 million, from OKX over the past 5 days.Additionally, 3 newly created wallets have withdrawn 737.7 BTC, worth approximately $45.6 million, from BitGo.Data shows that these addresses have withdrawn a total of over 3,078 BTC recently, with a combined value of approximately $190 million.
According to on-chain analyst Onchain Lens (@OnchainLens), the whale address bc1q2 has withdrawn 618 BTC from OKX again, valued at approximately $38.02 million. Following this withdrawal, the wallet now holds a total of 2,341 BTC, with a combined value of approximately $144.06 million.
According to Bloomberg ETF analyst Eric Balchunas, who posted on X, Hedgeye is planning to launch a hedged Bitcoin ETF with the ticker symbol HBIT. This product will invest in a Bitcoin ETF and manage downside risk and generate returns by buying and selling call options.
Odaily News Analysts believe that SpaceX's upcoming IPO could become a new source of short-term pressure for Bitcoin and the crypto market. As the company is reportedly set to open up to 30% of its IPO shares to retail investors, some investors may sell high-risk assets like Bitcoin and Ethereum to free up capital to participate in this high-profile offering.SpaceX plans to issue shares at $135 each, aiming to raise $75 billion, with a valuation of approximately $1.77 trillion. A GSR trading executive noted that crypto assets could become one of the funding sources for some investors looking to raise capital for the IPO.Recently, there have been views suggesting that hot IPOs like SpaceX, and potentially future ones such as OpenAI and Anthropic, could drive capital outflows from the crypto market, putting pressure on Bitcoin and Ethereum prices.However, SpaceX's listing could also conversely boost on-chain trading activity. Currently, platforms like Hyperliquid and Binance already offer SpaceX-related perpetual contracts and tokenized stock products, and trading activity for these assets may increase further with the IPO.
Odaily报道: Despite Bitcoin's continued pressure in recent times, with a drop of over 50% from its October high and the price briefly falling below the $60,000 mark, Anthony Pompliano, Chairman and CEO of ProCap Financial, stated that this correction could be "one of the healthiest bear markets" in Bitcoin's history, and that the market bottom may be gradually approaching. He believes that as institutional investors continue to enter the market, Bitcoin's volatility is steadily decreasing.
according to Lookonchain monitoring, US Bitcoin ETFs experienced a net outflow of 1,320 BTC today, with a 7-day net outflow of 15,849 BTC; Ethereum ETFs saw a net outflow of 2,370 ETH, with a 7-day net outflow of 13,416 ETH.
: Bloomberg ETF analyst Eric Balchunas revealed that BlackRock has submitted the fourth and possibly final S-1 amendment for its Bitcoin Yield-Enhanced ETF, the "iShares Bitcoin Premium Income ETF (BITA)," disclosing for the first time a management fee of 0.65%, significantly higher than the spot Bitcoin ETF IBIT (0.25%).
Odaily reports, according to Onchain Lens monitoring, whale 0xebe previously suffered losses exceeding $3.4 million on a Bitcoin long position. However, it subsequently opened a new leveraged long position on Bitcoin. Data shows that the address has established a new 5x leveraged long position of 812.46 BTC, with a position value of approximately $49.55 million. This position is currently showing an unrealized loss of over $260,000.
According to a post by the on-chain analytics platform CryptoQuant, Bitcoin’s “Percent of Supply in Profit” indicator is approaching the critical 45% threshold. Historical data shows this level typically coincides with periods of intense market stress and heightened risk of mass capitulation—contrasting sharply with bull market peaks, where the indicator often exceeds 90%. Current figures indicate that a large portion of Bitcoin holdings have shifted from profitable to unprofitable positions, signaling a deep reset in market expectations rather than a state of euphoria. From an on-chain perspective, profit compression often drives a transfer of coins from weak hands to long-term holders. This may intensify short-term volatility, but historically, such redistribution processes have contributed to healthier market structure—and longer-term opportunities may now be emerging.
Bybit’s latest options weekly report states that all four directional predictions for this week were fulfilled: BTC hit a low of $59,130—surpassing the prior target range of $65,000–$67,000. Opening last week at $73,760 and plunging to $59,130, BTC recorded its largest single-week decline since the FTX collapse (roughly −20%). It has since rebounded to $63,000. Three bearish catalysts recently converged: stronger-than-expected NFP data reigniting rate-hike expectations; SpaceX’s IPO siphoning liquidity; and Strategy selling BTC for the first time in four years. Spot Bitcoin ETFs saw a record net outflow of $1.7 billion for the week. ETH’s daily RSI plunged to a historic low of 12.78, while BTC’s daily RSI dropped to 15.45—raising the probability of a technical rebound, though trend reversal remains unconfirmed. DVOL surged from its historical low of 35 to 55 before retreating to 48; put options have already been profitably closed. Currently, chasing long positions is discouraged. BTC faces significant resistance between $63,000 and $65,000. Entry should await either the June 10 CPI release or DVOL falling back to 40—or until BTC convincingly closes above $65,000.
According to on-chain analyst Onchain Lens (@OnchainLens), the address “0x049” reopened its positions after two weeks of inactivity, establishing long positions of 162.62 BTC and 6,136 ETH respectively, each with 20x leverage; the total position value is approximately $20 million.
According to CryptoQuant data, Bitcoin whales dominated buying at the $60,000 to $61,000 range, accounting for 61.6% of purchase activity in this range.
the U.S. Department of Justice stated in a press release that a 47-year-old resident of Newcastle, Washington, Geoffrey K. Auyeung, has been sentenced to 5 years in prison for conspiracy to commit money laundering.Geoffrey K. Auyeung assisted overseas scammers in transferring nearly $100 million in investment fraud proceeds through bank accounts and cryptocurrency exchanges. The scammers deceived victims into investing in the oil and gas industry, luring them to transfer funds into so-called escrow accounts. To facilitate this, Geoffrey K. Auyeung established at least nine entities to receive funds, which were then transferred overseas or exchanged for cryptocurrencies such as Bitcoin, Ethereum, USDT, and USDC via exchanges like Gemini, Coinbase, and BitStamp. Most of these cryptocurrencies were subsequently sent to Binance accounts controlled by individuals in Nigeria and Russia.Geoffrey K. Auyeung opened at least 81 bank accounts across 24 financial institutions and 19 accounts across 8 cryptocurrency exchanges, receiving a total of $97.1 million in wire transfers and deposits. Through his involvement in the scheme, he earned at least $4 million in commissions and received an additional $400,000 in commissions through accounts under his wife's name between August 2024 and December 2025. Auyeung pleaded guilty in February of this year. He will forfeit approximately $2.3 million seized from bank accounts and his home, an Audi SQ8, and has agreed to forfeit approximately $7.1 million worth of cryptocurrency. (The Block)
According to CoinDesk, Wall Street brokerage Bernstein released a research report stating that the primary driver behind Bitcoin’s price weakness in 2026 will be slowing capital flows—not the quantum computing threat feared by the market. The report notes that Bitcoin treasury companies and ETFs combined attracted approximately $12 billion in inflows this year, a sharp decline from $60 billion in 2025; meanwhile, Bitcoin ETFs—holding $75 billion in assets—recorded roughly $2.6 billion in net outflows, with new demand coming mainly from corporate buyers such as MicroStrategy (MSTR). Bernstein analysts attribute the slowdown in capital flows to retail investors’ massive shift into AI-related assets. This year, the strongest-performing segments of the crypto market have been tokenized equities and commodities. Nevertheless, analysts view the ETF outflows as relatively moderate. Bitcoin’s investor base has evolved from one dominated by retail participants to a more diversified group—including ETFs, corporate treasuries, wealth management platforms, pension funds, and sovereign investors—resulting in a healthier market structure. The long-term value-storage thesis for Bitcoin remains intact.
According to Lookonchain monitoring, BlackRock recently sold 3,671 BTC, worth approximately $230 million, while purchasing 10,566 ETH, worth approximately $17.71 million.Previous on-chain data showed that a BlackRock-associated address transferred 3,966 BTC, worth approximately $244 million, to Coinbase. Following this asset rebalancing, the corresponding address added over 10,000 ETH in purchases.
According to on-chain analyst Onchain Lens (@OnchainLens), BlackRock deposited 3,966 BTC into Coinbase, valued at approximately $244.4 million.
Odaily reports, according to Onchain Lens monitoring, an address associated with BlackRock transferred 3,966 BTC to Coinbase, valued at approximately $244.4 million.On-chain data shows this marks another substantial BTC transfer by BlackRock to Coinbase in recent times. Previously, BlackRock had transferred 3,300 BTC and 15,095 ETH to Coinbase, with a total value exceeding $234 million.
Despite Bitcoin bouncing after falling below $60,000, several market analysts believe this is more likely a technical correction following an oversold condition rather than the start of a new bull market.Analysts at HEX Trust stated that the market has entered an oversold territory. If US inflation data cools and the outflow from spot Bitcoin ETFs slows down, Bitcoin could see further upside. However, a true trend reversal depends on the market’s ability to firmly reclaim the $79,000 to $80,000 range. Until then, any upward movement should be viewed as a corrective rally within a bear market.Alex Kuptsikevich, Chief Analyst at FxPro, is relatively more optimistic. He believes that if Bitcoin can rebound to around $68,000, it could be considered a valid recovery from the downtrend observed between May 11 and June 5.Data shows that the net cumulative outflow from the 11 US spot Bitcoin ETFs over the past four weeks has exceeded $5 billion. On Monday alone, another $91 million flowed out. Analysts point out that ETF fund flows remain one of the key factors determining Bitcoin’s future trajectory.Additionally, the market is closely watching US inflation data scheduled for release on Wednesday. If the inflation figure comes in lower than expected, it could help ease market concerns about further interest rate hikes by the Federal Reserve, thereby providing support for risk assets like Bitcoin. The market currently expects the US inflation rate for May to remain above 4%, significantly higher than the Fed's long-term target of 2%. (CoinDesk)