And just when you thought it couldn’t get any more exciting, the token’s 24-hour trading volume surged by over 1600%! It’s like the crypto version of a fireworks display, only this one’s in numbers. 🧨
Bitcoin has risen by a staggering 6.62% in less than 24 hours, leaping from $110,850 to its current price of $117,850 after a slight pullback. This meteoric rise has left many in the crypto community reeling, with some no doubt regretting their decision to sell their precious Bitcoin.
In a most curious twist, on the fateful day of July 10, 2025, the Bitcoin ETFs basked in a staggering $1.18 billion of fresh inflows—yes, billions! This marked not just a fleeting moment but the sixth consecutive day of positive flow, akin to a thirsty man discovering an oasis, and the largest single-day inflow since the shadows of November 2024 loomed large.
So, Sei Network goes and integrates native USDC and Circle’s fancy Cross-Chain Transfer Protocol V2. Why? To make cross-chain liquidity and transfer speeds faster than your internet connection on a good day. Apparently, this move is a huge deal for Sei’s blockchain, which, by the way, is built for high throughput and low-cost transactions. Big words, big moves.
Circle’s got the press release ready and they’re acting like this is the dawn of DeFi’s new age:
Imagine a web of bi-directional payment channels—think spaghetti but way less messy—allowing you to fling funds around like confetti at a wedding. 💰🎉 Payments zoom through so fast, you’d think they were in a race! But remember, they only settle when the channel closes. Less in-chain load means more speed to your wallet—like a cheetah on roller skates!
Market data showed that the upswing was fueled by a massive short squeeze and boosted by record inflows from U.S. spot BTC ETFs (exchange-traded funds). And analysts are still expecting more growth. Because, why not? 🤷♂️
This most thrilling development, announced on July 10, allows users to stake as little as $1 worth of Ethereum (ETH) or Solana (SOL) directly through the Robinhood Crypto app, with all the ease and convenience of ordering a cup of coffee ☕️. According to Robinhood, staking rewards will be distributed based on network protocol rates, minus platform and partner fees – a small price to pay, indeed, for the promise of untold riches 💸.
According to the insightful and ever-so-dramatic CryptoQuant Quicktake post by the one and only Enigma Trader, the Coinbase Premium Gap made a jump from 6.9 on July 7 to a respectable 48.8 by July 10. While this does point to some renewed interest from the US, let’s not get too excited – this still doesn’t come close to the June high of over 80. But hey, it’s a start, right?
Needless to say, many a sage investor now believes the platform to be undervalued, and that it shall eventually surpass those most venerable institutions, the centralized exchanges (CEXs) 💸.
Bitcoin’s rally to a new all-time high of over $118,000 has triggered a massive wave of liquidations, wiping out more than $1.11 billion in short contracts in a single 24-hour period ending on July 11. 😱💸
