Bithumb & Upbit exchanges amassed 945M PENGU tokens ($32M) last week, per Lookonchain. Their total PENGU holdings now reach 2.92B ($96.73M) – 3.8% of total supply. #crypto #PENGU #blockchain #news

New analysis from Fourteen君 details the rise & fall of Bitcoin inscriptions (Ordinals, Runes, etc.). Complexity, off-chain indexing & lack of real-world use led to stagnation & resource depletion. The market is shifting from "hype" to projects with user needs & implementation. #Bitcoin #inscriptions #crypto #blockchain #news #BTC

Abraxas Capital faces a $131M unrealized loss on short crypto positions (BTC, ETH, SOL, SUI, & FARTCOIN) on Hyperliquid, per Onchain Lens data. #crypto #DeFi #AbraxasCapital #blockchain #news #BTC #Bitcoin

CME Group won’t list meme coin derivatives, citing a lack of fundamental value. They *did* add Solana & XRP futures – attracting billions in trading volume! 📈 CME is also considering 24/7 crypto trading. (CoinDesk) #crypto #CME #Solana #XRP #blockchain #news

Hong Kong’s Fourth Paradigm raised HK$1.308B (USD $167.3M) via share placement! 🚀 50% of funds will fuel AI R&D (embodied intelligence, blockchain, RWA, stablecoins), 40% for global expansion/M&A, & 10% for corporate needs. #AI #Blockchain #Funding #crypto #news

Cathie Wood’s ARK Invest sold $8.7M of its Bitcoin ETF (ARKB) & $13.3M of Coinbase (COIN) stock Tuesday, after both hit recent highs. Bitcoin briefly topped $123K. (Decrypt) #Bitcoin #ARKInvest #Coinbase #crypto #blockchain #news #BTC

Kaito AI launching “Capital Launchpad” for early crypto investments! 🚀 Think private token sales (like Echo), but *not* meme coins. Access via KAITO staking & Yapper. Security confirmed after recent account hacks. #crypto #AI #blockchain #news

Solana liquidity protocol Orca is planning to launch a launchpad in late July or early August, according to a report from Blockworks journalist Jack Kubinec. The new product will focus on a novel mechanism developed by Orca designed to give individuals an advantage over automated trading bots. #crypto #blockchain #news

Onchain Lens data indicates that WLFI, a cryptocurrency project associated with the Trump family, spent $10 million to purchase 3,007.4 ETH over the past nine hours, at an average price of $3,325 per ETH. #crypto #blockchain #news

SharpLink Gaming has increased its Ethereum (ETH) holdings by 10,614 ETH, valued at $35.62 million, according to data from Onchain Lens. The company now holds a total of 296,508 ETH, approximately $997 million worth, as of today’s valuation. #crypto #blockchain #news