Bitcoin, Ether CME Futures Saw Record Participation From Large Traders in Q2
Bitcoin futures institutional interest continued to increase throughout the quarter as investors sought regulated venues/products to hedge rising market volatility and manage risk and exposure, CME said.

First Mover Asia: Bitcoin Post-Fed Rate Hike Fizzles. Will BTC's Recent Low Volatility Last Much Longer?
zkSync Era launched only in February but has more daily active addresses than Arbitrum and Optimism, the two largest scaling solutions by total value locked, underscoring the rising interest in its potential airdrop.

Bitcoin Remains in Tight Range Around $29.3K; Stellar's XLM Leads Altcoin Gainers
Fresh U.S. economic data Thursday morning delivered good news on inflation and economic growth.

RFK Jr. Confirms Recent Bitcoin Purchases
The Democratic presidential candidate has previously been supportive of Bitcoin, promising to exempt the crypto from capital gains taxes.

Bitcoin is Behaving as the Uncorrelated Asset That Some Investors Want, if Only Its Price Would Increase
Bitcoin’s recent decoupling from traditional finance keeps it on the sidelines as other asset prices have surged.

Federal Reserve Hikes Fed Funds Rate by 25 Basis Points
The move was fully anticipated by market participants who will now look to Chairman Jerome Powell’s imminent post-meeting press conference for clues about whether the central bank intends to continue tightening monetary policy.

Whale Watching: The Aggregate Whale Balance Sees Record Drop
According to Glassnode data, when isolating for coins flowing between whale entities and exchanges, the aggregate whale balance has fallen by around 255k bitcoin since the end of May. This is the largest monthly balance decline in history. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

How Miners Are Preparing for the Next Bitcoin Halving
As part of CoinDesk's special Mining Week, presented by Foundry, mining analyst Anthony Power joins "First Mover" to discuss the Bitcoin network's fourth "halving" event scheduled for next April and the implications for the crypto mining community. Foundry and CoinDesk are both owned by DCG.
