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Quick Take On Monday, spot bitcoin ETFs in the U.S. experienced net inflows of $479.4 million, the largest daily inflows since Oct. 14. BlackRock’s IBIT led the inflows, with $315 million flowing into the product.

SHIB burn rate surged 108% this week, removing nearly 100M SHIB, signaling community efforts to reduce supply despite market uncertainty. SHIB’s whale-tier trading volumes have dropped, potentially limiting the token’s short-term rally due to reduced large transactions. Despite price gains and rising derivatives trading volume, SHIB faces ongoing volatility, with long-term growth uncertain for 2024.




The narrative and main battlefield of AI+Crypto are evolving rapidly, leaving those who don’t understand the AI meme trend behind

- 07:02Tether CEO: PearPass Testing Launched, Will Support Mobile, Desktop, and Browser ExtensionsAccording to Jinse Finance, Tether CEO Paolo Ardoino announced on the X platform that the open-source password manager PearPass has entered the testing phase and will soon be open-sourced on the platform. PearPass is a fully localized open-source password manager that does not require cloud services or servers, allowing users to manage their own keys and securely store them on their devices. Paolo Ardoino revealed that PearPass will support both mobile and desktop versions, and a browser extension will also be launched.
- 06:58At least 9 London Firms Explore Bitcoin Strategies in the Past Week, Vinanz Plans to Rebrand as London BTC CompanyAccording to a report by Jinse Finance citing the Financial Times, several London-listed companies are turning to Bitcoin to boost their share prices. Over the past week, at least nine companies have announced that they have purchased or plan to purchase Bitcoin, including: 1. Tao Alpha plans to raise £100 million to launch a Bitcoin fund strategy; 2. Since Smarter Web Company announced its Bitcoin purchase plan in April, its market value has risen to over £1 billion; 3. Panther Metals has announced the launch of its Bitcoin strategy and has already purchased one Bitcoin, with a short-term goal of holding £4 million worth of Bitcoin; 4. Bluebird Mining Ventures has raised £2 million through debt financing to invest in Bitcoin and plans to raise an additional £10 million; 5. Vinanz currently holds $3.85 million worth of Bitcoin and is in the process of rebranding as the London BTC Company.
- 06:58US June Nonfarm Payroll Report to Be Released Early Next WeekAccording to Jinse Finance, due to the U.S. Independence Day holiday, the U.S. June non-farm payrolls report will be released early at 20:30 on July 3 (Thursday). On that day, U.S. stocks and CME equity index futures trading will close early. On July 4, U.S. stock markets will be closed for the day. Trading of CME precious metals, WTI crude oil, forex, and equity index futures contracts will end early at 01:00 (GMT+8) on July 5, while ICE Brent crude oil futures contracts will close early at 01:30 (GMT+8) on July 5. Investors are advised to take note of these changes.