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ENA's recent rally is at risk, as negative market signals, including a declining BoP and negative funding rates, suggest a possible drop to $0.48.
Share link:In this post: OpenAI went into early talks to discuss the secondary sale of shares to former and current employees, raising its valuation to $500B. The AI firm recently secured $8.3B at a $300B valuation for a second tranche of the $40B financing round led by SoftBank Group Corp. Sarah Friar, OpenAI’s CFO, said the money raised by her company brought it closer to a potential IPO.
Share link:In this post: The RBI plans to hold interest rates at 5.5% after cutting rates by 50 bps in June. The Monetary Policy Committee expects India’s inflation for 2025 to remain significantly below the RBI’s target of 4%. India faces trade tensions as Trump threatened to impose 25% levies and additional unspecified penalties starting August 7.
Share link:In this post: Ripple submitted feedback to the Senate’s crypto regulation proposal. The firm called for clearer boundaries between the SEC and CFTC. It also urged Congress to codify rules and avoid “regulation by enforcement.”
After rallying 37% in a week, PUMP is now eyeing a breakout above $0.00354. With whales and public figures still accumulating, another 15% gain could follow.
HBAR is struggling with fading momentum, marked by falling futures interest and weak spot market accumulation. This could push the token below $0.20 in the short term.
- 08:37Hong Kong-listed company Shun Tai Holdings: BTC, ETH, BNB, FIL, and stablecoins will be included in the cryptocurrency investment portfolioAccording to a report by Jinse Finance, Hong Kong-listed company Sheen Tai Holdings Group Company Limited has issued a supplementary announcement, stating that BTC, ETH, BNB, FIL, and stablecoins (such as USDT and USDC) have been included in its cryptocurrency investment portfolio. The company has already purchased several Filecoin tokens at a trading price of $2.1–$2.3 per unit. In addition, Sheen Tai Holdings also announced that it will consider using cryptocurrency for payment settlements, and disclosed that stablecoins will account for no less than 5% of the company's investment portfolio.
- 08:36Two whales bought a total of 175,000 HYPE tokens within 12 hours, worth approximately $8.47 million.According to Jinse Finance, on-chain analytics platform Lookonchain has monitored that in the past 12 hours, two whale addresses have collectively purchased 175,130 HYPE tokens, with a total value of approximately $8.47 million.
- 08:32Data: Falcon Finance receives a transfer of 10 million USD1 fundsAccording to ChainCatcher, monitored by Lookonchain, the staking infrastructure Falcon Finance received a transfer of 10 million USD1 at 13:58 (UTC+8).