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The S&P futures fell as Trump’s 30% EU/Mexico tariffs spooked markets ahead of key inflation data and Q2 earnings. Gold rises to $3,365 as Trump’s new tariffs drive safe-haven demand, while Fed caution limits upside. CoinDesk Indices, which track the broader crypto market, rose 2.52% in the past 24 hours, while Bitcoin and Ether rising 0.42% and 0.80%, respectively. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.
Today’s top performer is XLM, up 26.3% after Stellar validators approved the SLP-0003 upgrade, raising Soroban limits to enhance smart contract scalability.
Stellar (XLM), founded in 2014, is a Layer 1 blockchain for fast, low-cost financial transactions and asset tokenization. It uses the Stellar Consensus Protocol for decentralized trust and ranks among the top blockchains in real-world asset tokenization. Stellar validators successfully passed SLP-0003, a network upgrade that increases Soroban smart contract limits to support growing protocol demands and scalable financial services—without requiring any software updates, forks, or token use.
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Pump.fun's PUMP token public sale sold out in just 12 minutes, with tokens now entering a 48–72 hour distribution phase. During this time, PUMP will remain non-tradable and non-transferable. The team reiterated the official contract address and warned against scams, thanking the community for strong support.
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Date | GBTC (M USD) | Non-GBTC (M USD) | Total (M USD) |
07 July 2025 | (10.2) | 226.7 | 216.5 |
08 July 2025 | 0.0 | 80.1 | 80.1 |
09 July 2025 | 0.0 | 215.7 | 215.7 |
10 July 2025 | (40.2) | 1,215.8 | 1,175.6 |
11 July 2025 | 0.0 | 1,029.6 | 1,029.6 |
Total (weekly) | (50.4) | 2,767.9 | 2,717.5 |
Current Total (from inception): | (23,384) | 75,723 | 52,339 |
BTC spot ETFs recorded $2.72B in net inflows last week, entirely driven by non-GBTC products ($2.77B), while GBTC saw $50.4M in outflows. Total net flows since inception now stand at $52.34B.
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Chainbase introduces $C, the native token powering its Hyperdata Network—a decentralized, AI-ready data layer for structured, composable blockchain data. Designed for the emerging DataFi economy, $C enables dataset access, incentivizes ecosystem contributors, secures execution through staking, and facilitates governance. Of the 1 billion total supply, 65% is allocated to ecosystem growth, including airdrops and worker incentives. The token will launch on Base and BNB Chain with an initial 16% unlocked supply. $C aims to transform raw data into an economic asset for AI, protocols, and users in a decentralized, scalable way.
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