Bitcoin Hashrate May Finally Slow as Miners Face Scorching Summer Heatwaves

Hashrate for Bitcoin network typically becomes flat or declines during North American summer time, industry experts say.Source

Ether ETF’s Lack of Staking Won’t Dampen Strong Institutional Demand, 21Shares’ Ophelia Snyder Says

Prospective providers of spot ether ETFs in the U.S. removed the provisions for staking from their applications to avoid potential regulatory roadblocks.Source

UNI Advance Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Market Update

Five cryptos in the CoinDesk 20 posted losses greater than 5% over the past week, led by ICP’ 19% decline.Source

MicroStrategy Is Pioneering Bitcoin Capital Markets, Bernstein Says

Michael Saylor’s firm is the only corporation that has developed institutional demand for bitcoin linked convertibles, the report said.Source

FTX Victims View Bankruptcy Process as ‘Second Act of Theft,’ File to Recover $8B in Forfeited Assets

FTX’s victims are seeking a court hearing to rule on their claim that all the failed crypto exchange’s forfeited assets, about $8 billion, belong to its customers, not the bankruptcy estate.Source

XRP, LINK, ETH Stand Out Relative to BTC in Sector Rotation Analysis, DOGE Struggles

Fairlead’s 12-week relative rotation graph shows signs of green shoots in XRP, LINK, ETH.Source

Dogecoin, Solana Lead Crypto Majors Plunge as Bitcoin Falls Below $66K

Few catalysts to prop up markets in the near-term are likely weighing down token prices, one trader said.Source

PoliFi Tokens Down Double Digits on Claims DJT Token Has Trump’s Backing

The former president’s son Barron is spearheading the project, Pirate Wires reported on X, without naming its sources.Source

Trump and Biden Likely Won’t Shake Hands at Debate, Prediction Market Says

Meanwhile, there’s a prediction market on whether the U.K. newspaper The Guardian will correct an article about prediction markets.Source

ZKsync Airdrop of ‘ZK’ Token Puts Initial Market Cap Near $800M

The layer-2 blockchain ZKsync, has kicked off its highly anticipated airdrop of its ZK token, with 45% of the tokens already claimed.Source