Odaily Planet Daily News According to Bernstein's latest report, Coinbase is actively building USDC infrastructure to promote its application in e-commerce and small businesses. The report pointed out that strategic partnerships with Stripe, Shopify and Nodal Clear are expanding the use of USDC in merchant payments and the US futures market. It is reported that the Base blockchain has hosted more than $3.7 billion in USDC and has processed $6.8 trillion in USDC-related settlement volume so far this year. (CoinDesk)

According to Cointelegraph, Ether (ETH) has been experiencing a range-bound price movement, remaining below $2,500. This trend could potentially shift due to increasing institutional investor interest. Recent data from Glassnode indicates that 106,000 Ether flowed into spot Ether exchange-traded funds last week, marking the seventh consecutive week of positive inflows. Despite this, there is a mixed sentiment in the market regarding Ether's future. Etherscan reports that two Ethereum wallets unstaked and withdrew 95,920 Ether earlier in June, with a significant portion, 62,289 Ether, being deposited into various exchanges, possibly for sale. The price of Ether has been fluctuating between the 50-day simple moving average of $2,528 and horizontal support at $2,323 over the past few days. Both moving averages have leveled off, and the relative strength index (RSI) is near the midpoint, suggesting a period of consolidation in the near term. If buyers manage to push the price above the 50-day SMA, the ETH/USDT pair could rise to $2,738 and potentially reach $2,879, where sellers are expected to mount strong resistance. Conversely, if the price declines from the 50-day SMA, bears may attempt to drive the pair below the $2,323 support, potentially leading to a drop to solid support at $2,111. The next significant price movement could occur above $2,879 or below $2,111. The ETH/USDT pair has been confined between $2,376 and $2,521 for some time. The flattening moving averages and the RSI slightly above the midpoint do not provide a clear advantage to either bulls or bears. Should the price maintain above the moving averages, the pair might reach the $2,521 level. Sellers are likely to try to halt any rally at this point, but if bulls succeed, the pair could surge to $2,666. On the other hand, if the price sharply declines from $2,521, the pair may continue to remain within its current range for a longer period. This article does not offer investment advice or recommendations. Every investment and trading decision involves risk, and readers are encouraged to conduct their own research before making any decisions.

Odaily Planet Daily reported that Coinglass data showed that in the past hour, the entire network had a liquidation of more than 56.8566 million US dollars, of which short positions were liquidated for 56.0210 million US dollars and long positions were liquidated for 835,700 US dollars.

null source: https://x.com/BTC_Archive/status/1940442439556501718

ETH price has been stuck in a range despite months of steady spot Ether ETF inflows, but this situation could change quickly. source: https://cointelegraph.com/news/eth-news-update-ether-rangebreak-possible-due-to-spot-etf-inflows?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

On Jul 02, 2025, 16:06 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 109,000 USDT benchmark and is now trading at 109,181.84375 USDT, with a narrowed 3.10% increase in 24 hours.

OKX market shows that BTC has broken through 109,000 USDT and is now at 109,000.8 USDT, with a 24-hour increase of 2.94%. (This newsletter is generated by AI)

Odaily Planet Daily News Ethereum co-founder Vitalik Buterin emphasized at the EthCC conference in France that the crypto industry needs to focus on the specific user protection of decentralization. Speaking at the Ethereum community conference, he proposed practical testing of crypto projects, including exit testing and internal attack testing, to ensure user safety. At the same time, Vitalik Buterin warned that there are hidden vulnerabilities in the second-layer network, and emphasized the importance of privacy as a default function, and proposed three core testing standards: 1. Exit test (whether user assets are safe after the project party disappears); 2. Internal attack test (the system's ability to resist internal evil); 3. Trusted computing foundation test (the amount of code required to trust to protect user assets). (CoinDesk)

According to PANews, Ethereum co-founder Vitalik Buterin issued a warning at the EthCC conference in France, highlighting potential survival challenges for Ethereum if decentralization remains merely a slogan. He outlined three core tests to ensure true decentralization: the exit test, which assesses the security of user assets if project teams disappear; the internal attack test, evaluating the system's resilience against internal misconduct; and the trusted computing base test, which examines the amount of code required to protect user assets. Buterin pointed out that many current Layer 2 networks and DeFi projects rely on modifiable backdoors or centralized front ends, with privacy solutions often exposing user transaction histories due to third-party logins. He stressed the importance of making privacy a default feature and simplifying the code's trust base. As Ethereum approaches its tenth anniversary on the mainnet, Buterin warned that without achieving genuine decentralization, Ethereum risks following the path of other technologies that have faded away.

Details — including the total target number of bitcoins to be acquired, the number of shares to be issued, and the issuance pricing terms — remain unknown. source: https://www.theblock.co/post/360790/china-garment-maker-unveils-vague-purchase-12000-bitcoin?utm_source=rss&utm_medium=rss

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