Crypto_GR

🫂🤝 Many thanks to Binance for this gift. Another dream come true. I am very happy and grateful. Many thanks also to everyone who supports me daily.

Let's keep building Binance Square ❤️

Binance delists 4 cryptocurrencies

Binance will remove these coins on July 10:
❌ ALCX
❌ ARDR
❌ NFP
❌ POND
Spot pairs will be closed and so will futures positions.

Have you noticed how the market has changed?

A few years ago, we would join a project expecting an x2, an x5, or even an x10.

Airdrops could leave hundreds or thousands of dollars, and if a project barely made 20% or 30%, many would say, "crypto is no longer making money."

Today, the reality is very different. Now we celebrate 5%, 10%, or 20%, because those are the opportunities the market offers much more frequently.

It’s not that we’ve become less ambitious. It’s simply that the market has changed.

Big multipliers are much less frequent, capital moves differently, and opportunities are different from what they were a few years ago.

In every cycle, the rules of the game change. Those who are still here are not necessarily the ones who take the biggest risks, but the ones who know best how to adapt.

Bitcoin falls to its lowest level since September 2024

BTC dropped to nearly $58,000, hitting its lowest price since September 2024.

Meanwhile, Ethereum also fell during the market selloff and dropped below $1,550.

Pump.fun seeks a top-notch boss with a salary of up to $5 million per year

Pump.fun is hiring a Legal Director (Chief Legal Officer) and offers an annual salary of between $1 million and $5 million.

The selected person will work with regulatory agencies such as the SEC, the CFTC, FinCEN, and OFAC. They will also oversee compliance with MiCA rules in Europe, regulations in Asia, legal proceedings, and collaboration with authorities.

The company explained that it wants to build a strong legal team to support the platform’s growth and expansion.

a16z bought 25,560 ETH for $42.6 million

A wallet linked to the a16z fund withdrew 25,560 ETH from Binance, valued at approximately $42.6 million, as detected by analysts at Lookonchain.

The purchase came amid news of a reorganization at the Ethereum Foundation and a cut of around 20% of its workforce.

Elon Musk is no longer a billionaire.

$SPCX

📉US stocks are taking a hit as the dollar hits a new high

The US stock market lost nearly $1.2 trillion at the start of the session.

Prices dipped after the Dollar Index (DXY) reached its highest level in over a year, raising concerns among traders and impacting the financial markets.

Glassnode Detects Possible Signals of a New Altseason

The Altcoin Cycle Signal from Glassnode has surged to 86 points out of 100, a level typically associated with the onset of a favorable season for altcoins.

According to the data, selling pressure on altcoins has eased since mid-April. Meanwhile, most of the recent market sell-offs have been focused on Bitcoin.

This shift has pushed the indicator into a positive trend for altcoins, which could signal the start of a stronger period for these cryptocurrencies.

SpaceX stocks back to IPO price

SpaceX shares have wiped out all the gains since their IPO. Over the last four market sessions, the company's valuation plummeted nearly $700 billion, and the stock price dropped more than 10% in just one day.

Now the stock is trading close to its initial price, just above $150. This means many investors who bought in after the IPO are in the red.

After this heavy sell-off, $SPCX has slipped to the ninth spot among the world's most valuable assets by market cap.

A Japanese pension fund is looking to dive into crypto

One of Japan's major pension funds is planning to start investing in cryptocurrencies this year.

This idea has been under the microscope for several years. The decision-makers believe that the crypto market is now more robust and trustworthy, thanks to the influx of investors and companies getting in on the action.

Moreover, they think these investments can help spread out risks and reduce dependence on the US dollar.

The fund is backed by around 1,200 companies and over 20,000 workers nationwide.

This is the chart for $APT , and most altcoin charts are looking the same.

Many Bitcoin miners are losing money

According to JPMorgan's analysis, Bitcoin has been trading below the estimated production cost for miners for several months now.

Currently, the average cost to mine 1 $BTC is around $78,000 based on estimated models, although this figure can vary significantly depending on electricity prices and the efficiency of each operation. Meanwhile, the market price is hovering around $62,500.

Due to this disparity, about 20% of miners are operating at a loss.

To cover their expenses, publicly traded mining companies have sold over 32,000 BTC in the first quarter of 2026, surpassing their total sales for all of 2025.

ChatGPT sparked the idea for STRC

The founder of Strategy, Michael Saylor, shared that the concept for the preferred shares STRC emerged after a convo with ChatGPT.

STRC is a financial product that allows Strategy to raise funds to scoop up more bitcoin, while investors snag a fixed return.

Interestingly, this product, developed with a little help from AI, is currently in a rough patch. Its shares dipped down to about $82.50, even though their par value is $100, which pushed the yield for investors up to around 11.5%.

GM👋

Over $185 million in long positions got liquidated in the last 60 minutes.