Bitcoin Euphoria Cools As Whales Wake Up: Crypto Daybook Americas

Bitcoin’s (BTC) Bull Run Stalled, with Prices Falling 5% from the Record High in a Classic Bull-Market Pullback. The Adverse Price Action Took The Wind Out of the Broader Market, Too, Thought Exceptions Like Bonk and Pump-Up 5% on A 24-Hour Basis-Bucked The Trend.

The PullBack Was Characterized by Long-Dormant Btc Whales Moving Coins to Centralized Exchanges, Onthen A Precursor to a Sale. Accorging to Blockchain Sleuth Lookonchain, An OG Wallet With 80k BTC Moved About Half to Galaxy Digital, WHICH THEN DEPOSITED 6,000 BTC INTO BINANCE AND BYBIT. The on -chain Flow Occurred After Btc Notched Monday’s Record High Above $ 123,000.

“A Spike in Coin Days Destroyed Metric and A Rise in Large Exchange Inflows Suggest Potential Profit-Taking. Institutional Support and Strong Structural Market Demand, “Tagus Capital Said in a Market Update.

Inflows Into the US-Listed Spot Bitcoin Exchange-Traded Funds (ETFS) Slowed to $ 297 Million on Monday, Down 70% From Friday. Meanwhile, Inflows Into Spot Eth etfs Rose to $ 259 Million from $ 204 Million.

Valentin Fournier, The Lead Research Analyst at BRN, Called The Slowdown in Bitcoin Inflows A Sign of Weker Buyer CONVICATION AT ELEVATED LEVELS. Today’s Consumer Price Index and Wednesday’s Producer Price Index Could Set The Tone for the Next Price Move, He Said.

“Elevated Inflation Expectations Due to Tariffs Could Rattle Investor Confidentnce. However, A Positive Surprise in the Data Could Help Current Sell-Off,” He Noted.

Other Analysts Focused On the House of Representatives Votes on the Genius and Clarity Acts, Who, Who, if Passed, Cold Accelerate Broader Institutional Participation in the Crypto Market.

In Other News, Coinbase’s Shares Hit A Record High of $ 398.50 Monday, With It Market Cap Surpassing $ 100 Billion. Access to Arkham Intelligence, Sharplink Gaming Bought An Additional 24.371 ETH.

In Traditional Markets, The Japanese 30-Iear Government Bond Yield Briefly Rose to 3.20%, Matching The Multi-Decade High Set in May. The MOVE INDEX, WHICH MEASures the 30-Day Implied volatility in the US Treasury Market, Turned Up From A Long-Held Support, Warning of Renewed Turbulence in Bonds. Stay Alert.

What to Watch

• Crypto
  • July 15: Alchemist Staking Update Launches, Allowing Token Holders to Stake Alch for Access to Advanced Features, Premium Benefits and Ecosystom Rewards, Potnetally.
  • JULY 15: LYNQ is Expert to DEBUT ITS REAL-TIME, INTEREST-BEARING Digital-Asset Settlement Network for Institutions. Built on Avalanche’s Layer-1 Blockchain and Powered by Arca’s Tokenized Us Treasury Fund Shares, Lynq Enables Instant Settlement, Continuous Yield Accula
  • July 15: TAC, A Layer-1 Blockchain Using Proof of Stake (POS) Consensus and Bridging Ethereum Defi Applications Into Telegram’s Ecosystom, is screduled to Launch ITS MAINNET. Leading Defi Protocols Such Curve and Morpho Will Operate on TAC, Bringing Decentralized Finance to Telegram 1 Billion+ Users.
  • JULY 15, 6 AM: LAYER-1 BLOCKCHAIN ALEPHIUM (ALPH) ACTIVATES OF HARD FORK UPGRADE ON ITS MAINNET, PROMISING 8-SECOND BLOCK TIMES, 20,000+ TPS, CHOPLESSESESS, PASKEESSKEES, PASKESKEESSKEESSEES Enhanced Developer Tools.
  • JULY 15, 1 PM: CAFEINE, an ai-Powered Platform That Lets Anyone Build Web3 Decentralized Apps (Dapps) Using Natural Language, Launches Publicly at The “Hello, Self-WEC CAFEINE Uses Internet Computer (ICP) Technology to Generate Fully on-Chain, Production-Ready Apps. LIVESTREAM LINK.
  • July 15, 3 PM: US Senate Committe on Agriculture, Nutrition, and Forestry Holds a Market Structure Hearing Titled “Stakeholder Perspectives on Fedral Oversight of Digital. LIVESTREAM LINK.
  • July 16, 9 Am: US House Ways and Means Committee Oversight Hearing Titled “Making America The Crypto Capital of the World: Ensuring Digital Asset Policy Built for the 21st Century.”
  • July 18: Lorenzo Protocol, A Cosmos-Based Blockchain With Native Token Bank, Launches USD1+ OTF on BNB Chain’s Mainnet. The Institute-Grade On-Chain Traded Fund Lets Users Stake Stake Stake Stake to MINT Susd1+ Tokens That Earn Stable, Nav-Backed Yeld From Real-World Assets, Cefi QuanTit. All Returns are settled in USD1 Stablecoin, Issued by World Liberty Financial, Whose Stablecoin Infrastructure Powers The Product’s Stable Yeld Mechanism.
  • July 18: Shares of the Proshares Ultra Xrp Futures Etf (Ticker UXRP), Providing 2x Levered Exposure to Xrp Futures Contracts, Are Expectioned To Begin on NYSE ARCA.
• Macro
  • July 15, 8:30 AM: Statistics Canada Releases June Consumer Price Inflation Data.
    • Core Inflation Rate Mom Prev. 0.6%
    • Core Inflation Rate Yoy Prev. 2.5%
    • Inflation Rate Mom Est. 0.1% Vs. Prev. 0.6%
    • Inflation Rate Yoy Est. 1.9% Vs. Prev. 1.7%
  • July 15, 8:30 AM: The US Bureau of Labor Statistics (BLS) Releases June Consumer Price Inflation Data.
    • Core Inflation Rate Mom Est. 0.3% Vs. Prev. 0.1%
    • Core Inflation Rate Yoy Est. 3% vs. Prev. 2.8%
    • Inflation Rate Mom Est. 0.3% Vs. Prev. 0.1%
    • Inflation Rate Yoy Est. 2.7% Vs. Prev. 2.4%
  • JULY 15, 4 PM: Keynote Speeches by Andrew Bailey, The Governor of the Bank of England, and Rachel Reeves, UK CHANCELLOR OF THE EXCHEQUER London.
  • July 16, 2 Am: UK’s Office for National Statistics Releases June Consumer Price Inflation Data.
    • Core Inflation Rate Mom Est. 0.2% Vs. Prev. 0.2%
    • Core Inflation Rate Yoy Est. 3.5% Vs. Prev. 3.5%
    • Inflation Rate Mom Est. 0.2% Vs. Prev. 0.2%
    • Inflation Rate Yoy Est. 3.4% Vs. Prev. 3.4%
  • July 16, 8:30 AM: The US Bureau of Labor Statistics Releases June Producer Price Inflation Data.
    • Core Ppi Mom Est. 0.2% Vs. Prev. 0.1%
    • Core ppi yoy est. 2.7% Vs. Prev. 3%
    • Ppi Mom Est. 0.2% Vs. Prev. 0.1%
    • Ppi yoy est. 2.5% Vs. Prev. 2.6%
  • July 16, 10 Am: Speech by Fed Governor Michael S. Barr on “Financial Regulation” at “Conversation with Governor Barr” In Washington. LIVESTREAM LINK.
  • July 17, 10 Am: Speech by Fed Governor Adriana D. Kugler on “A View of the House Market and US Economic Outlook” at the houshing partnership Network Symposium in Washington. LIVESTREAM LINK.
  • JULY 17, 6:30 PM: Speech by Fed Governor Christopher J. Waller on the Economic Outlook at An Event Hosted by the Money Marketeers of New York University.
  • Aug. 1, 12:01 AM: New US Tariffs Take Effect on Imports from Trade Partners that Failed to Reach Agreements by the July 9 Deadline. TheSe Increasted Duties Could Range from 10% to As High As 70%, Impacting A Wide Range of Goods.
• Earnings (Estimates Based On Factor Data)
  • July 23: Tesla (Tsla), Post-Market, $ 0.42
  • July 29: Paypal Holdings (Pypl), Pre-Market, $ 1.29
  • July 30: Robinhood Markets (Hood), Post-Market, $ 0.30
  • July 31: Coinbase Global (Coin), Post-Market, $ 1.35
  • July 31: Reddit (RDDT), Post-Market, $ 0.19

TKEN EVENTS

• Governance Votes & Calls
  • Aavegotchi Dao is voteing on a $ 245,000 Funding Proposal to Expand Gotchi Battler Into A Revenue-Generation and Create Sustainable Rewards. Voting Ends July 22.
  • Uniswap Dao is Conducting A Temperature Check on Etherlink’s Request to Co-In-Invise Uniswap V3 Liquidity. Tezos Foundation Wuld Put Up $ 300K for Three Months of Rewards on Weth/USDC, WBTC/USDC and LBTC/USDC tokens on uniswap. Voting Ends July 18.
  • Rocket Pool Dao Is Voting to Finalize Saturn 1’s Implementation. Approval by a 75% Supermajority Will Ratify Key Protocol Changes, Including New Transaction Design and A Potential Revenue Share to the Pdao Treasury. Voting Ends July 24.
  • July 16, 5 PM: Vechain to Host A MONTHLY UPDATE WITH Community Representatives and the Vechain Foundation.
• Unlocks
  • JULY 15: SEI TO UNLOCK 1% OF ITS CIRCULATING SUPPLY WORTH $ 19.07 Million.
  • July 16: Arbitrum to Unlock 1.87% of It Circulating Supple Worth $ 37.15 Million.
  • JULY 17: ZKSYNC TO UNLOCK 2.41% OF ITS CIRCULATING SUPPLY WORTH $ 9.24 Million.
  • July 17: Apecoin to Unlock 1.95% of It Circulating Supple Worth $ 9.86 Million.
  • JULY 18: Official Trump (Trump) to Unlock 45.35% of Its Circulating Supple Worth $ 827.17 Million.
  • July 18: Fasttoken to Unlock 4.64% of It Circulating Supple Worth $ 90 Million.
• TKEN LAUNCHES
  • July 15: TAC (TAC) to be listed on binance, kraken, bitget, Bybit and others.
  • July 16: Bybit to Delist Tap (Tap), Vaporfund (VPR), Cosplay Token (Cot), Souni (SON), Tnet Protocol (Tene), HAVAH, HAVAH, AND BRAWL AI LAYER.

ConferencesThe Coindesk Policy & Regulation Conference (Formerly Known as State of Crypto) is a One-Day Boutique Event Held in Washington on Sept. 10 that Allows General Counsels, Compliment Officers and Regulatory Executives to Meet with Public Officials Responsible for Crypto Legislation and Regulatory Oversight. Space is limited. Use Code CDB10 For 10% Off Your Registration Through July 17.

• July 16: Invest Web3 Forum (Dubai)
• July 20: Crypto Coin Day 7/20 (Atlanta)
• July 21-22: Malaysia Blockchain Week 2025 (Kuala Lumpur)
• July 24: Decasonic’s Web3 Investor Day 2025 (Chicago)
• July 25: Blockchain Summit Global (Montevideo, Uruguay)
• July 28-29: Tws Conference 2025 (Singapore)
• Aug. 6-7: Blockchain.rio 2025 (Rio de janeiro, Brazil)
• Aug. 6-10: Rare Evo (Las Vegas)
• Aug. 7-8: Bitcoin ++ (Riga, Latvia)
• Aug. 9-10: Baltic HoneyBadger 2025 (Riga, Latvia)
• Aug. 9-10: CONVICtion 2025 (HO CHI MINH CITY, VIETNAM)

Token TalkBy oliver Knight

• Token Issuance Platform Pump.Fun’s Native Token Was Distributed to Early USERS AND ICO Participants on Monday, Debuting at A $ 2 Billion Market Cap on the Back of $ 1.46 Billion Inf.
• Pump Began Trading At $ 0.00756 and Soon Began to Feel The Pressure, Sliding to As Low As $ 0.051 Before Setting at $ 0.0056.
• The ICO Price Was $ 0.004, Meaning that Investors Has An Opportunity to Quickly Flip The Tokens for a Profit, Creating A Wave of Selling Pressure.
• The Token Debut Coincides A Decline Across The Wider Crypto Market, with Bitcoin Lozing 4% AS It Slipped to $ 117,000 from $ 123,000, While Ether (Eth) Andel (Eth) and Sol (Eth) and Sol (Eth).
• Crypto Exchange Binance Also Made an Attempt to Take the Limelight, Announting The Release of It Own Token Launcher That Will Rival Pump.Fun.

Derivatives Positioning

• Open Interest in Xrp Futures Hit All-Time Highside Record Activity in BTC Futures, Both Pointing to Elevated Price Volatility AHEAD.
• FUNDING RATES FOR MAJ or Coins are Holding Above and Annualized 10%, Suggesting Bullish Market Sentiment. The Reading, However, Is Far from Signling Overheated Conditions Typically Seen at Market Tops or Record High Prices.
• The Cumulative Volume Delta for the Top 25 Coins for the Past 24 Hours is Negative, A Sign of Selers Become More Aggressive. The Pullback Might DeEpen in the Short-Term.
• Risk Reversals Tied to Short-Term BTC and Eth Options Now A Bias for Protective Puts, WHICH IS Common Durying Price Declines. The Long-End Remains Bullish.
• Block Flows on OTC Liquidity Network Paradigm Featured December Risk Reversals and Eth Out-of-Yes-Money Call Spreads.

Market Movements

• BTC IS DOWN 2.86% FROM 4 PM ET MONDAY AT $ 116,734.47 (24hrs: -4.13%)
• ETH IS DOWN 1.12% AT $ 2.970.70 (24hrs: -2.89%)
• Coindesk 20 is Down 1.79% AT 3.566.75 (24hrs: -3.85%)
• Ether Cesr Composite Staking Rate is up 15 BPS at 3.04%
• BTC FUNDING RATE IS AT 0.0315% (34.40% Annualized) on Kucoin

• DXY IS DOWN 0.12% AT 97.97
• Gold Futures Are Up 0.41% AT $ 3.372.90
• Silver Futures Are Down 0.11% AT $ 38.70
• Nikkei 225 Closed Up 0.55% AT 39,678.02
• Hang Seng Closed Up 1.45% AT 24,553.52
• FTSE IS UP 0.06% AT 9,003.57
• Euro Stoxx 50 IS Up 0.40% AT 5.392.29
• DJIA CLOSED ON MONDAY UP 0.20% AT 44,459.65
• S&P 500 CLOSED UP 0.14% AT 6,268.56
• NASDAQ composite Closed Up 0.27% AT 20,640.33
• S&P/Tsx Composite Closed Up 0.65% AT 27,198.85
• S&P 40 Latin America Closed Down 0.92% AT 2.597.40
• US 10-YEAR Treasury Rate is Down 1.2 BPS at 4.415%
• E-mini S&P 500 Futures Are Up 0.29% AT 6,329.00
• E-mini NASDAQ-100 Futures Are Up 0.54% AT 23,158.75
• E-mini Dow Jones Industrial Average Index Are UNCHANGED AT 44,694.00

Bitcoin Stats

• BTC Dominance: 64.25% (-0.41%)
• Ether to Bitcoin Ratio: 0.02549 (1.39%)
• Hashrate (Seven-Day Moving AVERAGE): 906 eh/s
• HashPrice (Spot): $ 58.8
• Total Fees: 5.74 BTC / $ 693,498
• CME FUTures Open Interest: 153,280 BTC
• BTC PRICED IN GOLD: 34.8 OZ
• BTC VS Gold Market Cap: 9.86%

Technical AnalysisBTC and DOGE. (TradingView/Coindesk)

• Since 2024, Every New High In Btc Has Seen Dogecoin, The World’s Largest Meme Token, Hit A Lower High Than The Preceding One.
• The Divergence Hints at Deckling Investor Interest in Non-Serious Tokens.

Crypto equities

• Strategy (Mstr): Closed On Monday AT $ 451.02 (+3.78%), -2.04% AT $ 441.80
• Coinbase Global (Coin): CLOSED AT $ 394.01 (+1.8%), -1.41% AT $ 388.47
• Circle (CRCL): Closed AT $ 204.7 (+9.27%), -1.93% AT $ 200.75
• Galaxy Digital (GLXY): CLOSED AT $ 21.45 (+3.97%), Unceded In Pre-Market
• MARA HOLDINGS (MARA): CLOSED AT $ 19.21 (+0.37%), -1.56% AT $ 18.91
• Riot Platforms (RIOT): CLOSED AT $ 12.51 (+0.72%), -2.4% AT $ 12.21
• Core Scientific (Corz): CLOSED AT $ 13.56 ( +8.39%), +2.58% AT $ 13.91
• Cleanspark (CLSK): CLOSED AT $ 12.6 (-0.4%), -1.9% AT $ 12.36
• Coinshares Valkyrie Bitcoin Mines ETF (WGMI): Closed AT $ 25.57 (+3.19%)
• Semler Scientific (SMLR): CLOSED AT $ 45.23 (-0.66%), -0.51% AT $ 45
• Exodus Movement (Exod): Closed At $ 33.70 ( +2.12%), +2.34% AT $ 34.49

ETF FlowsSPOT BTC ETFS

• Daily Net Flows: $ 297.4 Million
• Cumulative Net Flows: $ 52.64 Billion
• Total BTC Holdings ~ 1.28 Million

Spot eth etfs

• Daily Net Flows: $ 259 Million
• Cumulative Net Flows: $ 5.58 Billion
• Total Eth Holdings ~ 4.47 Million

Source: Farside Investors

Overnight FlowsChart of the dayVolmex’s One-Day BTC Implied Volaativity. (TradingView)

• Volmex’s Annualized One-Day BTC Implied Volatility Index Remains Locked in a Sideways Range.
• IT’s A SIGN THAT TRADERS DO NOT EXPECT The IMPENDING US CPI TO BREED SIGNIFICANT Market Volatility.

While You Were Sleeping

• Bitcoin Rally Stalls As Long-Term Holders Cash Out (Coindesk): Bitcoin Droped Nearly 5% from from ITS $ 123,000 Peak with Long-Term Holders-Those Holding Btc for Over 155. Billion in Profits Realized Over 24 Hours.
• Standard Charted Says Is The First Global Bank to Offer Spot Bitcoin, Ether Trading (Coindesk): Standard Charted Began Began Offering Bitcoin and Ether Trading to Instyt. Important Bank to Provide Such Crypto Asset Services.
• Strategy Bears Cave in As Anti-Mstr Levered Etf Hits Rock Bottom (Coindesk): The Daffiance Daily Target 2x Short Mstr Etf (Smst) Droped 7.6% to A Record Low of Low of Low. ITS Second-Highest Level Ever at 2.88 Million Shares.
• Behind Trump’s Touring Russia Talk, Doubts and Missing Details (The New York Times): Trump Warned of 100% Tariffs on Russia’s Trade Partners if No Ceasefire Witrges. Analysts Say The Threat Lacks Teeth Because Targets Include China and Us Allies.
• China’s Economy Slows As Consumers TIGTEN BELTS, US Tariff Risks Mount (Reuters): China’s Second-Quarter Growth Slipped to 5.2% Year-Over-YEAR Concern that more stimulus may be needed to meet the 5% Annual Growth Target.
• Plan to Boost Returns from Russian Assets ‘Expropriation’, Warns Europear (Financial Times) Aggressively Could Deepen Legal Exposure, Damage Financial CredIbility and Provoke Further Retaliation from Moscow.
• Bofa Poll Shows Investors Flock Into Risk Assets at Record Pace (Bloomberg): The 175 Fund Managers Surveyed by Bank of America Boosted Allocations to Us and Europe Tech Momentum, and Optimism About Trade Deal Prospects.

In the Ether