📈 General Bitcoin Market News
Fear and Greed Index
- Current Value: 30
- Change Since Last Week: -44
Bitcoin Price Update
- Current Price: $61,762.75
- Weekly Percentage Change: -4.3%
Market Sentiment
- Bitcoin's downward slope after this year's high continues as another -4.3% drop hits as the fear rises across the market.
- US ETFs are netting an outflow of -$8.2B whilst HK are netting a modest outflow of -$34.7M bringing total net outflows across US and HK to -$8.3B which seems to indicate a rise in fear as the BTC price dips: source
- With the vast amount outflows in the last week, the price has continue to feed the bears and annihilate the alt market.
- The federal funds rate (FFR) is steady at 5.25-5.5%.
BTC Liquidations
- Total Shorts Liquidated: $71.26M
- Total Longs Liquidated: $214.65M
Source
🌐 Bitcoin Ecosystem Updates
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Top Headlines
- Bool Network announce that they will bring BRC20s and Runes to Bitlayer. Read more
- Anome is airdropping 1% of its token supply worth $1M USDT to all who participate in on-chain interactions during Bitlayer's event on OKX. Read more
- Borrow on Enzo Finance between June 24 and July 1 for a chance to win an Apple Watch Series 9 or Airpods 3rd Gen. Learn how
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Top Headlines
- Intract launch BOB Gateway with more than 150,000 SPICE points ready to harvest. Learn more
- Gate Web3 Wallet adds support for BOB.
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Top Headlines
- New partnership with Swing. Swing is the go-to platform for DEX liquidity, staking and bridge aggregation. This integration will boost liquidity on B² Network and help expand the assets on it.
- New partnership with Capy Finance. With over $4 million in TVL increased over the past 7 days, Capy Finance facilitates lending and borrowing for Bitcoin, Inscriptions (BRC-20, SRC-20), Runes, and more asset types on B2 Network.
- Anome is participating in B²'s Honey airdrop event! Starting June 25at 6 PM, you can enter the Honey raffle for a chance to win Anome's exclusive card rewards. Participate here
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Top Headlines
- Strategic partnership with Particle Network announced.
- Botanix Labs hires new Head of Security. Learn more
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Top Headlines
- Pool for mBTC now open on Lynex. Users can now enjoy exclusive APR and Linea Build's LXP-L for bridging and providing mBTC liquidity.
- Skate are set to bring stateless apps to Merlin soon. Learn more
- Swap select pairs on BitGenie to have a chance to earn a share of 90M WISH prize pool. Learn more
- Decentralized M-BTC powered by Merlin is the biggest competitor against WBTC:
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Top Headlines
- ReHold partner with Rootstock bringing their Multichain Trading Protocol to Bitcoin.
- ChainPort now supports Rootstock. web3 projects can easily bridge tokens between Rootstock and the other 22 chains supported by ChainPort.
- WoodSwap DEX announce they are building on Rootstock.
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Top Headlines
- Trading volume continues growing with the ALEX rebuild complete. Over $40M in trading volume in just 3 weeks.
- Stacks Foundation announce the approval of 11 criticial bounties that will drive Stacks forward. Learn more
- Excitement builds in the Stacks ecosystem in anticipation of sBTC. Here is a diagram explaining how it works courtesy of Algorithm.btc:
Here's how easy it is to create a dashboard with
Stacks data on Ortege Studio:
- Check out our Stacks Nakamoto Dashboard
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Closing Thoughts
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