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Bitcoin Soars to Record High of 8,339.82 Amid ETF Inflows and Institutional Demand

Bitcoin Soars to Record High of $118,339.82 Amid ETF Inflows and Institutional Demand

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Bitcoin surged 6.11% in 24 hours to a new all-time high of $118,339.82, driven by robust institutional demand. Bitcoin ETF inflows reached $1.17 billion, with BlackRock’s IBIT and Fidelity’s FBTC leading at $448.5M and $324.3M, respectively. Analysts highlight sustained investor confidence as a key driver, though volatility risks persist. Bitcoin hit a record high of $118,339.82 on July 11, 2025, climbing 6.11% in 24...

Bitcoin, Front page, News

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Solana’s Pump.fun Launches PUMP Token ICO with $600M Target

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ICO Details: Pump.fun, a Solana-based memecoin platform, will launch its $PUMP token via an Initial Coin Offering (ICO) on July 12, 2025, at 14:00 UTC. Token Allocation: 33% of the 1 trillion total $PUMP supply (330 billion tokens) will be sold, with 15% (150 billion) for public sale and 18% already allocated to private institutional buyers. Pricing and Accessibility: Tokens are priced at $0.004 each, fully unlocked at launch, but...

Front page, News

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Trump’s Tariffs Shake Stocks, But Crypto Stays Steady: What’s Behind the Resilience?

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Tariff Announcement: President Trump announced 25% tariffs on Japan and South Korea, delayed to August 1, 2025, to pressure trade negotiations. Stock Market Impact: U.S. and Asian stocks fell sharply, with Japanese automakers like Toyota dropping 4% and South Korean tech firms like LG Display declining 8.3%. Crypto Market Stability: Cryptocurrencies, including Bitcoin, saw minimal movement, with BTC dipping just 0.36% to...

Bitcoin, Front page, News

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Musk’s New Political Venture Embraces Bitcoin Amid Trump Feud

Musk’s New Political Venture Embraces Bitcoin Amid Trump Feud

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Elon Musk’s New Party: Announced the formation of the America Party, aiming to challenge the U.S. two-party system. Pro-Bitcoin Stance: Musk confirmed the party will embrace Bitcoin, citing fiat currency’s flaws. Motivation: Triggered by a rift with President Trump over a $3.3 trillion spending bill Musk calls fiscally irresponsible. Crypto Community Reaction: Strong support from Bitcoin advocates like Max Keiser and Mario...

Bitcoin, Front page, News

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Strong Investor Interest in Solana

First U.S. Solana Staking ETF Draws Strong Investor Interest at Launch

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Historic Launch: The REX-Osprey Solana + Staking ETF (SSK), the first U.S.-listed Solana staking ETF, debuted on July 2, 2025, on the Cboe BZX Exchange. Strong Inflows: The ETF attracted $12 million in net inflows and $33 million in trading volume on its first day, signaling robust investor interest. Staking Rewards: SSK offers exposure to Solana (SOL) while staking at least 50% of its assets to generate yields, currently around...

ETF, Front page, News, Solana

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