Rhythm Evening News｜A list of important information in the crypto industry on July 15

CoinShares: $1.44 billion flowed into digital asset investment products last week

BlockBeats news, July 15, CoinShares' latest weekly report showed that digital asset investment products had inflows of $1.44 billion last week, bringing the year-to-date inflows to a record $17.8 billion, far exceeding the $10.6 billion inflows in 2021.

Bitcoin recorded the fifth largest weekly inflow on record, at $1.35 billion, while shorting Bitcoin recorded the largest weekly outflow since April, at $8.6 million. Ethereum had an inflow of $72 million last week, likely in anticipation of spot ETFs being approved in the U.S.

FIGHT on Ethereum briefly broke through $0.015, setting a new record

BlockBeats news, on July 15, according to market data, the "Trump assassination" concept MEME coin FIGHT on Ethereum briefly broke through $0.015, setting a new record. It is now reported at $0.01422, with a 24-hour increase of 91.8%.

The current total market value of FIGHT is temporarily reported at $13.94 million, and the 24-hour trading volume is $18.97 million.

OKX will launch UXLINK (UXLINK) spot trading

BlockBeats news, on July 15, according to the official announcement, OKX will launch UXLINK (UXLINK) spot trading. Deposits are open, and spot trading will be open at 16:00 on July 18 (UTC+8).

If Bitcoin breaks through $65,000, mainstream CEX will have $732 million in short orders liquidated

BlockBeats news, on July 15, according to Coingalss data, based on the current mainstream CEX contract positions, if Bitcoin rebounds and breaks through $65,000, it is expected that $732 million in short orders will be liquidated.

If Bitcoin falls to around $61,000, it is expected that $942 million in long orders will be liquidated.

Greeks.live: Market sentiment has effectively improved, but enthusiasm for Ethereum ETF has significantly decreased

BlockBeats news, on July 15, Greeks.live macro researcher Adam posted on social media that the importance of macro events this week is average. At present, the German and American governments have stopped selling cryptocurrencies, and cryptocurrencies have rebounded immediately, and market sentiment has effectively improved. The SEC should respond to the ETH ETF this week, but there is no effective news yet, and the market's enthusiasm for ETFs has significantly decreased.

The cryptocurrency market experienced the worst July. Under the huge pressure of the German government's sell-off, BTC and ETH fell sharply, but as the sell-off was completed, cryptocurrencies also rebounded significantly. Stimulated by the rebound and Trump's assassination, the overall IV level has rebounded, but suppressed by a large amount of funds for quarterly delivery, only the short-term IV rebounded significantly. Choose a higher IV to open a sell order.

In the crypto interest rate market, the Bitfinex interest rate market is relatively quiet, with occasional good interest rate orders, and you can actively trade when you encounter a suitable interest rate order.

Matrixport: Bitcoin ETF inflows hit a one-month high last week, and buying gradually shifted from institutions to retail investors

BlockBeats news, on July 15, Matrixport released its latest report saying that the spot Bitcoin ETF ended a week of trading with an inflow of $310 million last Friday, the highest level in more than a month. Previously, ETF fund flows were closely related to inflation data, and last week's CPI data was weaker than expected, and ETF funds may continue to flow in.

It is worth noting that institutional buying, initially driven by high arbitrage opportunities, has shifted to retail investors who are less sensitive to stop losses. This shift may allow buying activities to last longer, thereby reducing

dependence on macroeconomic data.

Traders begin betting that the Fed will cut interest rates by 50 basis points in September

BlockBeats news, July 15, bond traders are increasing their bets that the Federal Reserve will cut interest rates by 50 basis points in September, rather than the standard 25 basis points. Marilyn Watson, head of global fundamental fixed income strategy at BlackRock, said the Fed is likely to cut interest rates in September. But she also believes that the Fed may start moving ahead of schedule in July. CME Group Inc.'s futures open interest data showed that buying volume last Thursday was close to 260,000 contracts, setting a record for October contracts. Buying interest remained high last Friday. Higher-priced buying means that more people believe that the Federal Reserve may start the first easing cycle in recent years with a super-large-scale move.

Federal Reserve officials last week were considered to have sent the strongest signal of a rate cut so far. In public appearances last week, including two congressional hearings by Federal Reserve Chairman Powell, officials showed new confidence when talking about their control over inflation and whether they are ready to start a policy shift. Tiffany Wilding, an economist at Pimco, said that after the release of last week's data, it was "a done deal" to start cutting interest rates in September. (Jinshi) Trump NFT floor price soared, once hitting a record high BlockBeats reported that on July 15, after the assassination attempt against former US President Trump, the floor price of the original Trump NFT soared to a record high. Its NFT on Polygon rose to 933 MATIC (about $502). According to Magic Eden, the popularity and price of the NFT have begun to cool down, and the floor price is hovering around 762 MATIC (US$410). Previously, the floor price of this series of NFTs was only about $228.

The second version of Trump NFT floor price also rose by 20% to 163 MATIC ($233).

The Meme coin MOG on Ethereum and BASE chains briefly broke through $0.0000021, setting a new record

BlockBeats news, on July 15, according to market information, the Meme coin MOG on Ethereum and BASE chains briefly broke through $0.0000021, setting a new record, and is now quoted at $0.000002065, up more than 17% in 24 hours.

BlockBeats reminds users that Meme tokens have no real use cases and their prices fluctuate greatly, so users need to be aware of the risks.

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