Bitfinex: Long term holders of Bitcoin are increasing their holdings at a slower pace, and the market is in a stable stage

Federal Reserve Chairman Kevin Walsh stated that the range of inflation data used to achieve the 2% inflation target is broader than PCE data, which serves as a reference indicator. The core PCE data for June will be released on Thursday at 20:30 (UTC+8). FOMC members have obtained estimates formed by staff based on existing information, and FOMC relies on internal analysis for discussion. According to a report by Jinshi, the market expects core PCE to increase by 3.30% year-on-year, lower than the previous value of 3.40%.

Charles Edwards, founder of Capriole Investments, stated that the impact of cyclical time factors on Bitcoin is diminishing. （Cointelegraph）

US Senator Cynthia Lummis has rejected Senator Cortez Masto's proposal for the Clarity Act, stating that software developers should only be held responsible if there is money laundering intent, while emphasizing that the status quo cannot operate and efforts must continue. （Bitcoin Archive）

According to Onchain Lens data, Hyperliquid has generated approximately $2.07 million in protocol fees and destroyed 21080 HYPEs worth approximately $1.16 million in the past 24 hours. Hyperliquid has destroyed a total of 46.1 million HYPEs, worth approximately $2.54 billion, accounting for 4.61% of the largest supply of 1 billion HYPEs.

Rather than competing directly with faster chains, some builders argue Ethereum's strength lies in supporting the layer-2 networks where trading is taking place.