Bitcoin’s realized profit and loss (P&L) ratio has dropped to a 43-month low of -0.35, a level that CryptoQuant said reflects extreme market-wide loss conditions and has historically aligned with Bitcoin market bottoms. According to Cointelegraph, the realized P&L ratio measures the net percentage of Bitcoin in profit or loss relative to total supply, and it has not fallen this low since December 2022, shortly after FTX collapsed and pushed Bitcoin below $16,000. CryptoQuant said on Thursday that the indicator has “marked BTC bottoms with extreme precision,” adding that in 2015 and 2019 the ratio also fell below -0.35 before subsequent price rallies. The data arrives as market sentiment has repeatedly weakened during Bitcoin’s latest 50% drawdown from $126,080, set in October, though sentiment has risen cautiously over the last 10 days. Bitcoin is up more than 7% since falling to a near two-year low of $58,190 on June 25. Analysts attributed that decline to Strategy, the largest corporate Bitcoin holder, after its top perpetual preferred stock offering, Stretch (STRC), fell from its $100 par value to below $75, fueling concerns about the sustainability of its dividend model. On Thursday, Bitwise chief investment officer Matt Hougan said the STRC move helped squeeze out excess leverage and likely brought the market closer to a bottom, adding that he expects a new bull market in the fall. Swan Bitcoin analyst Adam Livingston said Bitcoin is trading only 16% above the realized price, described as the network’s aggregate on-chain cost basis, a level he said has historically coincided with strong forward returns of 41% at six months and 81% at 12 months. Livingston said buying at current levels “feels awful,” arguing that this discomfort is part of why Bitcoin is trading at a discount. He also cautioned against waiting for a definitive bottom, saying it does not announce itself, and recommended buying now rather than paying higher prices near a market top.

Aave said deposits in Aave V4 have approached $250 million, and that deposit and borrowing caps for multiple assets have been raised for a seventh time. According to Foresight News, the update was shared by Aave in a post on X. Aave did not specify which assets were affected or provide additional details in the statement.

Gestala, described as China’s first ultrasound brain-computer interface (BCI) startup, said it has raised RMB 420 million ($58.6 million) in an angel+ funding round, bringing total funding since inception to RMB 570 million, according to Jiemian News. The company was founded on January 1, 2026. On July 3, Gestala also opened its Shanghai headquarters in Minhang District’s “Brain Intelligence World” park. The company said its Chengdu global headquarters and first ultrasound BCI “super factory” began operations on June 26, forming a dual-headquarters setup with R&D and manufacturing in Chengdu and AI/algorithms in Shanghai. Founder and CEO Peng Lei said the company’s non-invasive approach uses ultrasound to modulate neurons through the skull and reads signals by capturing microvascular blood-flow changes triggered by neural activity. Peng said Gestala plans to unveil its first-generation product for chronic pain by the end of 2026 and release initial clinical trial data, research papers and AI model updates at the same time. He added the first product is a hospital-use, helmet-like device, with each non-invasive treatment lasting about 30 to 45 minutes and potentially reducing pain scores by around 50% for one to two weeks.

U.S. President Donald Trump said the U.S. economy was “taking off strongly,” citing gains in major stock indexes and other indicators. According to Jin10, Trump said the stock market had just posted its best quarterly performance since his previous presidential term, with the S&P 500, Nasdaq, and Dow Jones indexes all rising sharply. He added that Americans’ 401(k) retirement account assets had continued to increase. Trump said his tax-cut policy for working families had left U.S. households with more money. He also said the U.S. trade deficit had continued to narrow and that exports had hit record highs for several consecutive months. Trump said the United States was building, producing, and selling at an unprecedented pace. He added that trillions of dollars in new investment attracted under his administration would mean more factories, more jobs, and more development opportunities for the American people. Trump described these developments as a victory and said America’s “golden age” had begun and was only just starting.

Spotify demanded that Kalshi and Polymarket remove its brand identity after streaming manipulation incidents affected prediction market settlements. According to NS3.AI, the roundup also reported that Korean companies questioned the OUSD alliance member list. It also said CME Group’s crypto contract average daily volume in June rose 76% year-over-year.

「金色財経」は、仮想通貨・ブロックチェーン業界の朝刊『金色早8点』第3109号を発行し、デジタル通貨およびブロックチェーン業界に関する最新かつ最速のニュースをお届けします。

Guangyin Technology, a developer of silicon-based photonic integrated chips, has completed a RMB 100 million (about $14 million) Pre-A financing round, with investors including Photonics Strong-Chain Fund, Shanda Investment, Yangtze Optical Fibre and Cable Fund, Luoyang Yingcai, CAS Star, and Xi'an Caijin, according to 36Kr. The company said the proceeds will be used to build a new laboratory in Shanghai, recruit talent, and advance mass production. Founded in 2021 in Xuzhou, Guangyin Technology designs silicon photonics chips and miniature spectral-sensing modules for applications such as wearable health monitoring, aesthetic skin testing, and industrial and food inspection. The company said its spectral chip covers wavelengths of 600-2500 nm, with resolution up to 0.01 nm, and targets a mass-production cost below $20 per unit. Vice president Xu Kangning said key customers include L'Oreal, Huawei, and Xiaomi, and the firm plans to expand into silicon photonics optical switching starting this year.

According to Lianhe Zaobao citing Xinhua and Reuters, Russian President Vladimir Putin said Russian forces have “fully liberated” Ukraine’s Luhansk region and made major progress in Donetsk. The Kremlin said Putin visited an auxiliary command post for Russia’s joint force grouping late Friday, July 3, and held a nearly hour-long meeting with the General Staff leadership and unit commanders on the situation and recent battlefield developments. Putin said Russian troops have accelerated their offensive across the front line and are continuing operations against Ukrainian forces in Luhansk, Zaporizhzhia and Kherson. He said that since the start of the year Russian forces have taken control of 133 settlements in Donbas and other areas and more than 3,000 square kilometers of territory, and that work to establish security zones in Kharkiv, Sumy and Dnipropetrovsk regions is proceeding as planned. Putin also said Russian forces have taken control of Kostiantynivka, calling it a key first step in breaking through Ukraine’s layered defenses around Sloviansk, Kramatorsk, Druzhkivka and Kostiantynivka. Reuters reported that Russian Chief of the General Staff Valery Gerasimov announced during Putin’s visit that Russian forces had captured Kostiantynivka, a long-sought objective for Moscow. Ukraine’s military had not responded to the claims as of the report.

​AIプログラミングツールの急速な進化という潮流の中、海外のツールのセキュリティと国産代替をめぐる内部調整が、中国の大手インターネット企業の間で進められている。

「金色財経」は『金色Web3.0日報』を創刊し、AI、DeFi、DAO、NFT、メタバース業界に関する最新かつ最速のニュースをお届けします。

著名な個人投資家向け取引所「ロビンフッド（Robinhood）」が、独自のイーサリアムL2スケーリングソリューション「Robinhood Chain」をリリースした。

Circle、ステーブルコイン、ラッセル指数の更新――なぜCircleが脚光を浴びたのか？ 金色財経によると、Circleはラッセル指数から完全に「除外」されたわけではない。

2026年6月30日、米国のステーブルコイン市場で興味深いニュースが報じられた。

ここ最近、暗号資産市場に再び冷え込みが見られ、ビットコインは一時6万ドルの大台を割り込み、主要な暗号資産は軒並み軟調な動きを見せている。

KOSPI指数は年初来で約95％急騰し、ほぼ2倍になった。韓国株式市場が勢いに乗る中、一方で、別の一群の韓国上場企業は、徐々に株式市場から締め出されつつある。

アトキンス氏は、SECの役割は資本市場を統制したり、市場の結果を操作したりすることではなく、資本市場の発展を促進する環境を整えることにあると述べた。一方、批判派は、規制緩和が投資家保護や透明性に悪影響を及ぼすのではないかと懸念している。

Bitgetは、対象ユーザー向けに米国株式オプション取引を開始し、Stock+プラットフォームの対象を暗号資産やトークン化資産の枠を超えて拡大しました。米国オプション取引への需要が高まり続ける中、今回の新サービスではまず、ロング・コールオプションとロング・プットオプションの提供からスタートします。