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Saylor's Bitcoin Machine Is Sputtering

STRC just hit a record low near $75, and CryptoQuant says Strategy's dividend cushion has shrunk from seven years of coverage to about 14 months. The thing that's been buying Bitcoin nonstop is running low on fuel. Think this is a dip?

check the current BTC price

Gainers & Losers

Velvet (VELVET) led at +235% after the DeFAI platform moved its liquidity to Aerodrome and launched synthetic pre-IPO markets. Solstice (SLX) rose 165% on Korean listings, an Anchorage Digital investment, and record $500M TVL. Synapse (SYN) added 113% on momentum alone, bouncing off its all-time low days after Bitget pulled its spot pair. The loser: SkyAI (SKYAI), down 65% as a speculative run, ran out of buyers.

Solstice SLX

$0.54 ▴ 7.47%

get SLX

Synapse SYN

$0.63 ▴ 339.69%

get SYN

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What Shaped the Market This Week

MiCA's cliff hits July 1

Europe's licensing deadline arrives July 1. USDT is already off the major EU exchanges, only about 17% of firms have cleared licensing, and even Binance walked away from its Greek application after the regulator leaned toward no.

Holding USDT in the EU? Swap it for USDC before the deadline.

swap now

HYPE Is Ignoring the Bear Market

Hyperliquid hit a fresh $77 high on June 16, cooled into the low $60s, and kept drawing ETF inflows while Bitcoin funds bled. It's the only top-10 coin to print a new high this cycle.

see where hype is now

Ethereum’s Got Money Problems

The Ethereum Foundation just cut about 20% of its staff, a former contributor is sounding the alarm on core-dev funding, and ETH is parked near a yearly low around $1,650. The old argument over its staking "tax" is back, too.

buy the dip

What to Watch in July

July 12:
PUMP unlocks roughly 23% of its circulating supply, the month's biggest single unlock and the clearest sell-pressure risk.

July 14:
June CPI. Inflation ran 4.2% in May, its hottest since 2023, so a hot print kills any near-term hopes of a rate cut.

July 28-29:
The Fed meets, with the rate call on the 29th. The range has sat at 3.50–3.75% since December.

July 31:
FTX creditor payouts begin for the next round.

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