CryptoQuant: Surge in BTC and Altcoin exchange deposits may indicate increased market volatility.
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Tom Lee: The rise in the ETH/BTC exchange rate indicates that investors expect improved visibility of crypto use cases.
According to BlockBeats, on July 6, Tom Lee, chairman of BitMine, the largest Ethereum treasury, wrote that although there is still widespread skepticism about ETH in the market, the rise in the ETH/BTC exchange rate shows that investors are expecting improved visibility of cryptocurrency "use cases," which is a good thing for the market.
Strive buys 1,110 Bitcoin for $81.5M, holdings top 21K BTC; ASST shares surge 11%
Strive’s Nasdaq-traded shares surged more than 11% as the Bitcoin treasury company said it paid an average of $73,409 per BTC, pushing its holdings to 21,356 Bitcoin.
Santiment: Bitcoin and Ethereum exchange supply is near all-time lows, reflecting increased investor confidence.
PANews reported on July 8 that, according to Cointelegraph, Santiment data shows that the supply of Bitcoin and Ethereum on exchanges is near all-time lows, with Bitcoin at its lowest level since 2017 and Ethereum at its lowest level since 2015, reflecting increased investor confidence.
Security experts indicate that approximately $22 million in illicit funds flowed into HitBTC in 2026, and the platform repeatedly refused to cooperate with the investigation.
According to ChainCatcher, Darcy, co-founder of FlashRescue, disclosed that approximately $22 million in illicit funds flowed into the cryptocurrency exchange HitBTC in 2026. He pointed out that HitBTC refused to cooperate with police investigations on two separate occasions, a practice consistent with the platform's actions, as reported by several on-chain investigators. He mentioned that in the Bybit theft case, as much as $3.68 million from a money laundering network linked to DPRK (North Korea) flowed into HitBTC, but the platform again failed to cooperate with the relevant authorities in subsequent investigations.
ABTC, a Bitcoin mining company backed by the Trump family, increased its holdings by 500 BTC.
Odaily Odaily reports that American Bitcoin (ABTC), a Bitcoin mining company backed by the Trump family, has increased its holdings by 500 BTC, bringing its total Bitcoin holdings to 8,000. (BTCtreasuries)
Data: OKX BTC wallet balance increased by 2.35% in the past 7 days, while Binance reserve assets saw a net outflow of over $971 million.
According to ChainCatcher's official website data panel, in terms of BTC wallet balances, among the top 10 exchanges by balance over the past 7 days, OKX saw the largest increase at 2.35%, while Gemini experienced the largest decrease at 0.65%. Regarding exchange asset transparency verification, over the past 7 days, the top three exchanges with the largest net outflows of reserve assets were Binance ($971 million), Bitfinex ($420 million), and Gate ($295 million); the top three exchanges with the largest net inflows of reserve assets were OKX ($231 million), KuCoin ($25.2012 million), and Deribit ($10.1641 million).