News & Research

The U.S. Bureau of Economic Analysis reported that the personal consumption expenditures (PCE) price index increased 0.3% in June, meeting expectations. On a year-over-year basis, the core PCE, which excludes food and energy and is closely monitored by the Federal Reserve, rose 2.8%, slightly above the anticipated 2.7%.

Nasdaq-listed Empery Digital said it purchased 303 BTC, bringing its total holdings to 3,803 BTC, after rebranding from Volcon and beginning its Bitcoin accumulation this month, according to @btcNLNico on X.

Michael Saylor, founder of Strategy (MSTR), said on X that the Q2 2025 earnings call on July 31 at 21-22:30 UTC “will be the most important event in the history of Strategy.”

Stablecoin issuer Circle (USDC) will enable direct native USDC deposits and withdrawals on the Hyperliquid (HYPE) decentralized exchange, @cryptounfolded reported on X. This update will allow users to move USDC on and off the platform without wrapping.

Bitcoin (BTC) accumulation is rising across all investor groups, with whale wallets holding at least 1,000 BTC increasing from 1,392 to 1,417 over the past week, according to Glassnode data cited by CoinDesk. This rare alignment between large and small investors signals renewed market confidence.

Bloomberg reported that AllUnity, backed by Deutsche Bank’s DWS Group, Dutch market makerFlow Traders and financial services provider Galaxy Digital Inc., has issued EURAU, a euro-pegged stablecoin on Ethereum fully collateralized by reserves at European banks and aligned with the EU’s MiCA framework. The token, listed first on Bullish, aims to serve both crypto markets and corporate payment use cases, AllUnity CEO Alexander Höptner said.

XRP whales have sold an average of $28 million per day over the past 90 days, according to CryptoQuant data cited by BeInCrypto. The sell-off, similar to February's $64 million daily outflows that preceded a price drop, raises concerns about XRP's ability to hold the $3 support level. Despite recent gains, weakening on-chain momentum and sales from Ripple co-founder Chris Larsen add to market pressure.

Cryptocurrency mining and hosting company SOS Limited will sell 2,142,855 American Depositary Shares and warrants for 4,285,710 ADS at a combined price of $3.50 each in a registered direct and concurrent private placement, raising gross proceeds of $7.5 million to expand its business, according to a PR Newswire press release.

Ethereum (ETH) has rebounded to levels near its March 2024 high of $3,980, but unrealized profits remain significantly lower, according to Glassnode on X. The firm said this disparity suggests further upside potential, with a possible target of $4,900.

A newly created wallet withdrew roughly $4.2 million from Binance Exchange, 80,126 LINK valued at $1.46 million, 110.34 billion SHIB worth $1.45 million, 3.44 million MATIC totaling $762,000 and 142.62 ETH valued at $552,000, according to Onchain Lens on X. These transactions are typically viewed as moves to hold the assets.