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US spot Bitcoin and Ethereum ETFs saw $1.69B in combined outflows this week.Bearish Sentiment Drives Massive ETF OutflowsBitcoin ETFs Lose Nearly $900MEthereum ETF Outflows Add to the Pressure
Google supports $4.6B in funding for TeraWulf and Cipher Mining to scale Bitcoin data centers.Google Deepens Bet on Bitcoin Mining with Major InvestmentsTeraWulf Secures $3B with Google and Morgan StanleyCipher Mining Partners with Google and Fluidstack
Bitcoin dominance is falling, signaling a potential bullish trend for Ethereum and other altcoins.Bitcoin Dominance Sees DeclineWhy This Is Bullish for Ethereum and AltcoinsWhat This Could Mean for the Market
Solana dips under $200 as investors await a key ETF decision that could impact market direction.What an ETF Approval Could Mean for SolanaLooking Ahead: Volatility Expected
- 15:50TeraWulf plans to seek $3 billion in debt financing for data center constructionChainCatcher news, according to Bloomberg, bitcoin mining company TeraWulf (NASDAQ: WULF) is expected to raise about 3 billion USD to support the construction of its data centers. Morgan Stanley is arranging this potential deal for TeraWulf, which could launch as early as October. The financing may be completed through the high-yield bond or leveraged loan market. Google is expected to provide backstop support for the deal, which could result in a higher rating for the debt. Rating agencies will determine the credit rating for this transaction in the BB to CCC range.
- 15:19Hyperdrive clarifies that thBILL itself has no vulnerabilities, investigation is still ongoingChainCatcher news, Hyperdrive clarified in a post on X that there is no vulnerability in thBILL itself. Instead, it appears that two wallet positions using Theo's thBILL as collateral in the Hyperdrive Treasury Market have been attacked. The investigation is still ongoing.
- 15:13Jeffrey Huang (Huang Licheng) increases XPL 5x leveraged long position to $17.32 million, currently holding 12 million tokensAccording to Jinse Finance, on-chain analyst @ai_9684xtpa has monitored that Huang Licheng has increased his XPL 5x leveraged long position by $17.32 million. He currently holds 12 million tokens, with an entry price of $1.52, and is facing an unrealized loss of $1.023 million.