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$18.5 billion in short positions could be liquidated if Bitcoin reaches $130K, potentially fueling a massive price spike.Massive Short Positions Under PressureWhy $130K Is the Critical LevelMarket Outlook Ahead
The US national debt has reached a historic $37 trillion, raising concerns over economic stability and inflation.A New Debt Milestone for the USEconomic Risks and Inflation ConcernsImpact on Markets and Alternative Assets
Historical patterns suggest Dogecoin could be gearing up for another massive rally.Historical Cycles Fuel Bullish SpeculationWhy the “Moonshot” Narrative ReturnsRisks and Rewards for Traders
Eric Trump warns against shorting Ethereum, predicting ETH could soon hit $8,000.Eric Trump’s Bold Call on ETHWhy $8,000 Could Be PossibleMarket Reaction and Caution
- 17:26The Federal Reserve's Reverse Repo Volume Falls to Lowest Level Since 2021According to Jinse Finance, the Federal Reserve accepted a total of $2.8818 billion from 14 counterparties in its fixed-rate reverse repurchase operations, marking a new low since 2021.
- 17:11Abu Dhabi Sovereign Wealth Fund Holds $530 Million Worth of BlackRock Bitcoin ETFAccording to a report by Jinse Finance, documents released today by the US SEC show that Abu Dhabi’s sovereign wealth fund Mubadala held 8,726,972 shares of IBIT as of June 30, with a market value of approximately $534 million. This position has remained unchanged since the previous disclosure in May. In addition, a new filing reveals that Al Warda Investments held 2,411,034 shares of IBIT as of June 30, with a market value of about $147.5 million. The manager of this position is listed in the document as the Abu Dhabi Investment Council, which is a sovereign wealth fund under Mubadala.
- 17:05JPMorgan: Continued Growth of Stablecoins in the Ethereum Ecosystem May Drive Sustained ETH AppreciationAccording to a report by Jinse Finance, JPMorgan stated in a report on Thursday that as Wall Street begins to issue a large number of stablecoins within the Ethereum ecosystem, ETH’s recent outperformance may continue. According to the bank’s analysts, a series of dollar-pegged tokens—expected to impact Ethereum’s price following last month’s passage of the GENIUS Act, which provides a regulatory framework for stablecoins—will have an effect even if these assets are issued on Layer 2 networks rather than directly on the Ethereum mainnet. The analysts noted, “We believe Ethereum is becoming a direct gateway to the anticipated rapid growth opportunities in stablecoins, as the Ethereum network hosts the majority of these stablecoin assets, whether directly as L1 custody or indirectly through some L2 solutions.”