📈 General Bitcoin Market News
We have decided to change our release schedule to fortnightly. This is the first issue with a 2 week gap. Enjoy!
Fear and Greed Index
- Current Value: 71
- Change in Last 2 Weeks: +44
Bitcoin Price Update
- Current Price: $67,432.97
- Fortnightly Percentage Change: +18.1%
Fortnightly Market Sentiment
- Bitcoin up 18.1% in past 2 weeks!
- US ETFs are netting a whopping inflow of +$8.4B whilst HK are netting an inflow of +$105.2M bringing total net outflows across US and HK to +$8.5B which seems to indicate a change in momentum and general sentiment towards positivity and greed: source
- These past couple of weeks with the shock of the Trump assassination attempt and Biden stepping down may or may not have played a role in the change of sentiment, but with the ETH ETF after being approved, there is an unstoppable optimism breaking through the surface.
- The federal funds rate (FFR) is steady at 5.25-5.5%.
Fortnightly BTC Liquidations
- Total Shorts Liquidated: $341M
- Total Longs Liquidated: $254.6M
Source
🌐 Bitcoin Ecosystem Updates
.png)
Top Headlines
- Franklin Templeton leads $11 million Series A into Bitlayer in bid to scale Bitcoin network. Learn more
- BitAcross partners with Bitlayer to bring a cross-chain bridge, that connects assets within the EVM and Bitcoin ecosystems.
- Bitlayer researcher Xavier publishes a comprehensive write-up on the latest breakthroughs with the BitVM bridge. Learn more
Pre-register to be the first to explore BitLayer Data through Ortege Studio: Pre-register
Top Headlines
- BOB Completes $1.6M Strategic Raise from Ledger Cathay Fund and Angel Investors. Learn more
- BOB Chain hits 7 million transactions.
- USDC is now supported on Orbiter for bridging to BOB.
Pre-register to be the first to explore BOB Data through Ortege Studio: Pre Register
Top Headlines
- Doubler will soon support BTC on B2. Doubler is an asset yield rights separation protocol. Learn more
- Bedrock announce that uniBTC is now available on B2. Mint uniBTC on B² and unlock new yield opportunities, here.
- KiloEx perpetuals DEX announces strategic partnership with B2.
Pre-register to be the first to explore B2 Data through Ortege Studio: Pre-Register
Top Headlines
- Avalon Finance announce strategic partnership with Botanix.
- Ankr announce partnership with Botanix.
- Spindle Finance announce strategic partnership with Botanix to bring bring better yield with safer vaults and automated smart contracts.
Pre-register to be the first to explore Botanix Data through Ortege Studio: Pre-Register
.png)
Top Headlines
- Merlin introduced a $210M grant program for builders. Apply here
- Inception announce strategic partnership with Merlin to bring their restaking protocol to the network.
- Bedrock's UniBTC is now mintable on Merlin.
Pre-register to be the first to explore Merlin Data through Ortege Studio: Pre-Register
Top Headlines
- Network update: Arrowhead 6.3.1 upgrade is coming on July 24th at block 6,549,300. This patch introduces key consensus changes to keep the network humming.
- Rootstock announce a new Runes Toy Bridge that allows devs to easily build Runes apps on chain. Learn more
- Latest BitVMX updates
Pre-register to be the first to explore Rootstock Data through Ortege Studio: Pre-Register
.png){kind=spacer}
Top Headlines
- Introducing the first trading bot XBOT on Stacks. Set up here
- BitGo becomes institutional Stacks signer.
- Based Dollar announce a digital dollar backed by Bitcoin. sBTC coming soon:
Here's how easy it is to create a dashboard with
Stacks data on Ortege Studio:
- Check out our Stacks Nakamoto Dashboard
- Sign Up
Upcoming Events
Closing Thoughts
The past fortnight has witnessed a remarkable turnaround in market sentiment, buoyed by significant positive movements in Bitcoin's price and ETF inflows. As geopolitical and economic factors continue to influence the crypto landscape, staying connected and informed is more vital than ever.
Join our Telegram Community and don't miss out on any action. Sign up now to gain exclusive access to our Telegram bot for on-chain insights in the comfort of your favourite messaging app and propel your journey in the world of crypto.
Don’t miss out on the action! Sign up now to gain exclusive access to on-chain insights and stay ahead in the Bitcoin Ecosystem. Your journey into the world of crypto starts here. 🌟 Sign Up & Explore