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- Fidelity’s National Financial Services, BlackRock’s crypto ETF inflows, Vanguard anti-crypto stance,
Fidelity’s National Financial Services, BlackRock’s crypto ETF inflows, Vanguard anti-crypto stance,
Marathon Digital $20M equity round, OpenSea pivot, BitMine Immersion $500M+ purchase, Standard Chartered just launched spot, Kazakhstan plans for crypto, Function $10M raise, Aqua 1 denials.

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📰Proof of News
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Crypto’s been busy, headlines are hitting hard. Don't worry we got you. The market has been brewing, here's what's currently happening:
![]() | Fidelity’s National Financial Services has become the largest shareholder of Tokyo-based Metaplanet, acquiring a 12.9% stake worth $820M. The move strengthens Metaplanet’s bitcoin treasury ambitions as it targets holding 1% of BTC’s total supply. Read More» |
![]() | BlackRock’s crypto ETF inflows surged 370% in Q2 to $14B, making up 16.5% of total ETF inflows, up from just 2.8% in Q1. Despite broader net flows declining, crypto is becoming a major revenue driver. Read More» |
![]() | Despite its anti-crypto stance, Vanguard now holds over 20M shares in Strategy, making it the largest institutional backer of the Bitcoin treasury firm due to index fund mechanics. Read More» |
![]() | Marathon Digital (MARA) led a $20M equity round in Two Prime, deepening their partnership as MARA doubles its BTC yield strategy with a 2,000 BTC allocation. Susquehanna Crypto also joined the round. Read More» |
![]() | OpenSea is pivoting beyond NFTs as trading volumes slump for the fifth straight quarter. After acquiring token-trading platform Rally, the firm aims to launch an “onchain everything app” combining NFTs, tokens, DeFi, and AI. Read More» |
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![]() | Kazakhstan plans to allocate part of its gold, FX reserves, and sovereign wealth fund into crypto. The central bank is drawing from models like Norway, the US, and Gulf states, signaling a major institutional shift in global crypto adoption. Read More» |
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![]() | Aqua 1 denies ties to disgraced market maker Web3Port amid $100M token deal with Trump-backed firm Tensions rise as scrutiny mounts over World Liberty Financial's crypto backers. Read More» |
🪙Bearish or Bullish
BTC/USD
Bitcoin kicked off the week by extending into price discovery, briefly tapping the Orange band (~$123,700) on the 4H FibMa before facing resistance. This kind of reaction, testing prior breakout levels, is to be expected after major expansions, and backtests are often constructive.
As the week continues, the key pivot will be the weekly open and BB level (~$119,140). If BTC can hold this region as support, it may fuel another leg higher. However, if price dips below, watch for a reclaim and hold to serve as renewed confirmation for bullish continuation.
Remember: as price climbs through higher bands, risk increases. These bands help contextualize volatility and where we are in the current cycle.

BTC Bull/Bear Levels
HD: $127,135
H4: $121,437
BB (Weekly Open): $119,140
L4: $116,849
LD: $111,160
ETH/USD
After months of range bound movement and hovering below key structural resistance, ETH has officially closed above the Blue band on the weekly FibMa, a level we’ve long viewed as the trigger for ending the accumulation phase of this cycle.
From here, a backtest of the Blue band in the coming weeks/months would not be surprising. If that test holds, it may present one final major buying opportunity, a “cycle gift” for those who missed the lows. Structurally and historically, this sets the stage for ETH to enter a leadership role in the next phase of the market.
ETH/BTC
The last component needed for ETH Season to truly begin is a breakout in ETH/BTC. For now, ETH continues to consolidate in the 0.026–0.02245 range, managing to keep pace with BTC as it continues its price discovery.
A breakout above this range, particularly above 0.026, would mark the start of ETH's outperformance relative to BTC. Until then, ETH is strong and stable, but not yet leading.
BTC Dominance + Broader Alt Market
Despite BTC printing new ATHs this past week, BTC Dominance saw a modest pullback, as capital rotated into select altcoins. This isn’t unexpected and may represent a local lower high for alts—or conversely, a higher low for BTC Dominance.
My base case remains: BTC Dominance will likely continue trending higher until either or both:
A clear ETH/BTC breakout occurs
The Fed signals the end of QT (most likely in or after September)
Total3/BTC + Others/BTC
The broader altcoin market remains near cycle lows against BTC.
While recent gains are encouraging, two key conditions are still unmet before a true alt season can begin:
Monetary policy must pivot (i.e. QT ends, rate cuts begin)
ETH must begin outperforming BTC consistently
Until then, alts are still likely to underperform, particularly as both BTC and ETH move into more dominant roles.
Macro + Market News to Watch
Tuesday – Major Inflation Print
CPI (YoY, June): Expected 2.6% | Prior 2.4%
Core CPI (YoY): Expected 3.0% | Prior 2.8%
Wednesday
PPI (MoM, June): Expected 0.2% | Prior 0.1%
Thursday
Initial Jobless Claims: Expected 234K | Prior 227K
Friday
Retail Sales (MoM, June): Expected 0.1% | Prior -0.9%
🤑Airdrop Alpha
Liminal Money Adds $PUMP
The $PUMP launch was all over the timeline in the past week. Shortly following the $PUMP TGE, Liminal Money announced that they’ve added support for $PUMP:
https://x.com/cruzcontrol660/status/1944830340180402659
This is a welcome addition as the funding rates of $PUMP on Hyperliquid has been insane at 200-300% APY as the bulls are paying very high fees to the shorts to speculate on the price of the token. The CAP was set at $5M and this was filled within 15 mins, but they seem to have plans to increase the cap:
https://x.com/InternLiminal/status/1944831719296696369
If you want in, be sure to pay attention to the announcements or the Liminal dashboard!
WalletConnect $WCT Airdrop Claimable
WalletConnect’s token $WCT launches on Solana, and is now claimable via:
https://solana.walletconnect.network/
If you are a $JUP staker and have voted on all proposals, then you are eligible. There are other ways to be eligible such as Solana Seeker buyers, Phantom users, and Backpack traders. Full list of eligibility is available here: https://x.com/WalletConnect/status/1942592359608508544
Get Ready for kHYPE
Kinetiq is the institutional-grade liquid staking protocol on HyperLiquid that is set to launch on HyperEVM Mainnet on 15 July.
Many $HYPE whales are unstaking their natively staked $HYPE on HyperCore to jump onto their liquid staking solution when it launches.
Many popular protocols such as Felix, HyperLend and HyperSwap have announced they will be supporting Kinetiq’s LST, $kHYPE, on Day 1.
This could be a good protocol to farm points by making use of its LST $kHYPE to lego farm, such as: Lend $kHYPE, borrow stables, and deposit onto Liminal Money to earn funding fees.
Official announcement here:
https://x.com/kinetiq_xyz/status/1942228150278086842
100+ Airdrop Opportunities in my Notion Airdrop Tracker: https://bit.ly/droptime
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