According to Reuters, Tether's $120 million Bitcoin mining project in Uruguay fell through due to a dispute with the local utility company UTE. （Cointelegraph）
According to Onchain Lens monitoring, Wintermute has deposited 1279.99 bitcoins worth approximately $98.68 million into Binance through 8 transactions in the past 18 hours. The most recent transfer was 90.1 bitcoins worth approximately 6.97 million US dollars, completed about 30 minutes ago.
Cathie Wood stated that analysts underestimated Circle's disruptive potential for Visa and Mastercard, despite its post IPO increase of 84%. （Cointelegraph）
The CEO of Bitwise stated that in the first half of this year, investors had a net investment of over 1.8 billion US dollars in Bitwise products, with inflows of over 100 million US dollars in ETF/ETP, private equity initiative and Alpha strategy, pledge and treasury products.
