Rising institutional demand drives Bitcoin to reach new highs

Odaily Planet Daily News: Plasma announced in an article on X platform that its official account was taken over by an external attacker around 11:00 today. The team immediately activated the warning mechanism and completed the system investigation. Currently, the account has been restored to control and no financial risks have been found. Plasma founder @ pauliepunt stated that the attacker is suspected of modifying the organization's login credentials through the X platform management backend. At present, the relevant traces have been cleared and the account security measures have been strengthened. Plasma will continue to conduct a comprehensive post analysis and provide further explanation once more information is obtained. The official emphasized that its treasury assets were not affected in the incident and a professional security team has been contacted to assist in the investigation.

According to Golden Finance, Bitcoin and gold finance company Digital Commodities Capital has completed a strategic financing of $1 million, with Nasdaq listed company Mogo Inc. participating. The new funds will be used to acquire and hold Bitcoin and physical gold. After the transaction is completed, Mogo Inc. will acquire 9% of the company's shares in Digital Commodities Capital.

On July 11th, according to Bloomberg analyst James Seyfart, Grayscale and its lawyers submitted a letter in response to the US Securities and Exchange Commission's (SEC) "suspension" order on GDLC's ETF conversion, stating that the SEC has no authority to do so. Previously, the US Securities and Exchange Commission (SEC) has suspended the plan to convert Grayscale's Digital Large Cap Fund into an Exchange Traded Fund (ETF) and placed it under further review.

Bitget TRUMP/USDT's perpetual trading volume surged 16 times within 10 minutes, with a turnover of 37.19 million US dollars in the past 24 hours, an increase of 8.59% A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements. According to AiCoin data, the comprehensive ranking of Bitget contracts ranks fourth globally

BlockBeats News: On July 11th, according to the monitoring of Ashes, after announcing the acquisition of 10000 ETH from the Ethereum Foundation, Sharpnink Gaming received the 10000 ETH from the Ethereum Foundation address 10 minutes ago. SharpLink Gaming has accumulated 232000 ETH since early June when it began to reserve ETH through a micro strategy operation mode. The average purchase price is about $2615, with a current floating profit of $84.25 million.