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Wang Chun, co-founder of F2Pool, the world's fourth-largest Bitcoin mining pool, has deposited 16,842 ETH ($26.87 million) and 60 WBTC ($3.61 million) to Binance, according to Onchain Lens. However, he has withdrawn a total of 91,945 ETH ($159.9 million) and 973 WBTC ($60.72 million) since May 26.

Binance announced it will list GRAM perpetual futures at 8:00 a.m. UTC on July 2, offering up to 50x leverage.

The Japanese city of Osaka has launched a public call for projects, offering grants of up to 10 million yen (about $62,500) for each demonstration of new financial services using technologies like blockchain and AI, local media outlet CoinPost reported. The support is targeted at experiments conducted within Osaka Prefecture that serve its residents or local businesses. Applicants must also have a concrete plan to launch the business in Osaka after the trial period, although wider rollouts to other prefectures are permitted. Eligible applicants include fintech businesses and financial institutions participating in a demonstration with a fintech partner.

South Korean crypto exchange Bithumb has announced that it will temporarily suspend deposits and withdrawals for five cryptocurrencies starting at 10:00 a.m. UTC on July 8. The suspension is to support an upcoming network upgrade for Optimism (OP). The affected assets include Optimism (OP), Ethereum (ETH), Worldcoin (WLD), and WalletConnect (WCT) on the Optimism network, as well as Metal (MTL) on the Metal L2 network.

Japanese listed company Metaplanet announced it has purchased an additional 2,823 BTC, bringing its total holdings to 43,000 BTC. Meanwhile, the company's BTC Income Business generated 1.7473 billion yen (about $10.8 million) in revenue for the second quarter. While this was lower than the 2.9693 billion yen reported in the first quarter, cumulative revenue for the first half of the year reached 4.717 billion yen. The trailing 12-month revenue hit a record high of 11.3964 billion yen since the business began. The BTC Income Business generates operating profit by trading options related to Bitcoin, with revenue figures reflecting option premiums, realized gains and losses, and end-of-term valuation gains and losses.

South Korean crypto exchange Bithumb announced it will temporarily suspend deposits and withdrawals for Cosmos (ATOM) starting at 9:00 a.m. UTC on July 8 to support an upcoming network upgrade.

While discussions on creating a won-backed stablecoin are gaining traction in South Korea's financial sector, the insurance industry has shown almost no initiative in developing or preparing related products, the Maeil Business Newspaper reported. Data requested today by the office of Democratic Party lawmaker Min Byoung-dug, a member of the National Assembly's National Policy Committee, confirmed this. Inquiries to the Financial Services Commission, the Financial Supervisory Service, and various insurance industry groups revealed no records of insurers reviewing insurance or pension products that utilize stablecoins or real-world assets (RWA). An insurance industry official explained that the sector must be more cautious than other financial industries when reviewing new digital asset technologies, citing the prevalence of long-term contracts and the need for stable customer asset management.

Crypto trader Ali Martinez noted on X that a distinct change has occurred in Bitcoin (BTC) investor behavior over the past 30 days, with sellers shifting back into buying mode. According to his analysis, retail investors holding less than one BTC and medium-sized whales with 10 to 100 BTC are leading the accumulation. Furthermore, large entities holding between 1,000 and 100,000 BTC have stopped selling and have become net buyers. Martinez suggested that, historically, simultaneous buying from both retail and whales indicates the market has formed a valuable price bottom, which could serve as a technical foundation for a long-term recovery.

Lee Chan-jin, the governor of South Korea's Financial Supervisory Service (FSS), has called on the CEOs of virtual asset service providers to establish company-wide internal control systems, Yonhap News reported. The directive aims to restore market trust following recent incidents, such as an erroneous Bitcoin payout at a local exchange. Governor Lee noted that while the virtual asset market stagnated in the first half of the year due to such issues, its user base is expanding, driven by initiatives involving stablecoins, the convergence of blockchain with traditional finance, and the development of a regulatory framework for asset tokenization.

XRP holdings on Binance and Upbit have fallen to their lowest levels in several months, according to cryptocurrency analyst Amar Taha. Binance's XRP holdings decreased by 6% from approximately 2.78 billion XRP on May 12 to 2.61 billion XRP, marking the lowest level since March. South Korean exchange Upbit also saw a decline, with its holdings dropping from approximately 6.515 billion XRP on May 30 to 6.457 billion XRP on July 2, a decrease of about 58 million XRP. The total outflow from the two exchanges amounts to 228 million XRP. Taha noted that while Upbit's decrease was not large, it represents a significant change for overall exchange liquidity due to its large holdings. In contrast, Bithumb's XRP holdings remained stable at around 1.84 billion XRP, suggesting the movement is concentrated on specific exchanges rather than being a general trend across South Korean platforms. Taha explained that a decrease in exchange holdings could signify transfers to private wallets, movements between exchanges, or a reduction in the immediately tradable supply. However, he cautioned that this alone does not confirm accumulation or a bull market, adding that an actual price increase depends on sustained buying pressure and the degree to which spot market liquidity shrinks.

ESPORTS operator Yooldo Games has blamed an external over-the-counter (OTC) and market-making partner for the more than 90% crash in the ESPORTS token's price on May 25. The company stated on X that it did not direct or coordinate the token sale. "We have confirmed that one of our partners engaged in activities contrary to the contract signed with us, and we believe a significant portion of the sell-off volume at the time came from this firm," Yooldo Games said, adding that a full trace of the funds is difficult as they moved through multiple wallets, counterparties, and exchanges. The incident previously led to rug pull accusations against Yooldo for failing to provide timely investigation results. The controversy was further fueled by revelations that only a few employees were working at the office of developer Catze Labs.

South Korean crypto exchange Bithumb has announced an extension of its delisting watchlist designation for Gnosis (GNO). The exchange explained that it is currently reviewing a submission from the project team regarding the facts and follow-up measures related to the designation. According to the announcement, the extension is intended to allow for a more thorough review.

BTC perp long/short ratios on top exchanges by open interest The following are the 24-hour long/short ratios for BTC perpetual futures on the world’s three largest crypto futures exchanges by open interest: Overall: 50.95% long, 49.05% short - Binance: 51.67% long, 48.33% short - OKX: 50.87% long, 49.13% short - Bybit: 50.73% long, 49.27% short

SBI Crypto, the cryptocurrency mining arm of Japanese financial giant SBI Group, has announced that it will cease its mining pool operations on July 31. The pool will stop accepting mining contributions at 10:00 p.m. UTC on July 30, and any submissions after this time will not be included in the settlement. SBI Crypto advised miners to continue their activities on the existing pool until the shutdown to ensure all contributions are accounted for in the final reward calculation.

Violent crimes such as kidnapping and extortion targeting cryptocurrency holders are rapidly increasing in France, Cointelegraph reported. French Minister of the Interior Laurent Nuñez announced that a total of 77 cases of kidnapping, extortion, and attempted extortion related to cryptocurrency occurred in the first half of this year. This figure has already significantly surpassed the 45 cases recorded for all of last year. Nuñez stated that the situation is very serious and that the government will strengthen its response and support. An estimated 7.3 million people, or about 11% of the total population, hold cryptocurrency in France.

The Spot CVD chart provides an analysis of the BTC/USDT spot pair's order book. The top section displays a Volume Heatmap, and the bottom shows the Cumulative Volume Delta (CVD). - The Volume Heatmap (top) tracks trading volume at specific price levels. The background brightens when the price lingers in a range or moves significantly, with these brighter areas potentially acting as support or resistance. - The Cumulative Volume Delta (CVD) indicator (bottom) shows buy and sell orders categorized by trade size. As buy orders increase, the corresponding colored line rises. For example, the yellow line tracks orders between $100 and $1,000, while the brown line tracks large orders between $1 million and $10 million.

On July 1, the Solana (SOL) and Hyperliquid (HYPE) spot ETFs recorded net inflows, while the XRP spot ETF saw net outflows. - SOL: +$500,000 - HYPE: +$2.9 million - XRP: -$1.86 million

Web infrastructure company Cloudflare has unveiled its Monetization Gateway, a new feature that allows customers to charge for webpages, datasets, APIs, and MCP tools using stablecoins. According to the company, the feature enables users to manage payment policies and access rights from a single control panel. It also handles payment verification and access control on the Cloudflare network, reducing the traffic burden on customer servers. At launch, settlements will be processed with stablecoins via the open protocol x402.

Binance has announced it will temporarily suspend deposits and withdrawals for INJ starting at 1:00 p.m. UTC on July 2 to support the token's network upgrade and hard fork.

Bitwise Chief Investment Officer (CIO) Matt Hougan has stated that MicroStrategy (MSTR) is unlikely to engage in a large-scale sell-off of its Bitcoin holdings. He noted that the company holds approximately $49.6 billion in BTC and $2.6 billion in cash, compared to a total debt of about $6.8 billion. In his analysis, this financial position provides MicroStrategy with enough capacity to cover its preferred stock dividends for an extended period using its existing assets alone. Hougan added that while the company's new capital management framework allows for the sale of some BTC to pay dividends and interest if necessary, it does not compel multi-billion dollar sales annually. He also pointed out that in an extreme scenario, the company could temporarily suspend its preferred stock dividends, limiting the possibility of a large forced sale. Hougan suggested that if Bitcoin enters a bull market, MicroStrategy is likely to return to a net buying position.

U.S. spot Ethereum ETFs recorded a net inflow of $14.8 million (approximately 23 billion won) on July 1, according to data from Farside Investors. The inflow marks a reversal from a nine-consecutive-trading-day streak of net outflows. BlackRock led the day's net inflow. - BlackRock ETHA: +$36.6 million - BlackRock ETHB: -$1.7 million - Fidelity FETH: -$1.6 million - Grayscale Mini ETH: -$18.5 million

U.S. spot Bitcoin ETFs recorded a net outflow of approximately $296 million (459.8 billion won) on July 1, marking the 10th consecutive day of net outflows, according to data from Farside Investors. -BlackRock IBIT: -$219.4 million -Fidelity FBTC: -$51 million -Ark Invest ARKB: -$39.9 million -Invesco BTCO: +$5.4 million -Franklin Templeton EZBC: +$3.5 million -VanEck HODL: +$2.1 million -Morgan Stanley MSBT: +$29.8 million -Grayscale GBTC: -$62.8 million -Grayscale Mini BTC: +$36.3 million

According to CoinNess market monitoring, BTC has risen above $61,000. BTC is trading at $61,036.01 on the Binance USDT market.

The Korea Exchange (KRX) is moving to block a loophole that allows companies listed on the Kosdaq market via a special technology track to pivot their main business to activities like managing virtual asset treasuries, Digital Asset reported. The KRX announced today that it has amended its listing regulations as part of a broader effort to enhance market trust and innovation. Under the new rules, if a company listed through the special technology program changes its primary business purpose within five years of its initial public offering, it will be subject to a substantive delisting review. A change in business purpose is defined as an addition or alteration made to the company's articles of incorporation. The rule does not apply to changes involving businesses similar or ancillary to the company's original main operations.

Lorenzo Valente, Director of Crypto Research at Ark Invest, has argued that as cryptocurrency projects mature, they should prioritize attracting investment from traditional financial institutions over crypto-native venture capital. In a post on X, Valente stated that while crypto VCs are crucial in a project's early stages, the investor profile needs to change as the industry moves closer to traditional finance. He noted that asset managers, banks, and fintech firms are becoming increasingly important strategic partners. Citing MORPHO's recent funding round, which included participation from Apollo, VanEck, SBI, and Bpifrance, Valente explained that new projects can benefit from targeting the traditional market from the outset amid the growing trend of crypto's institutional adoption.