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Berachain (BERA) faces intense selling pressure, with its price down 27% in a week. A break below $6.07 could trigger further declines, while a rally to $7.36 remains possible if demand strengthens.
Could Bitcoin secure America’s financial future? Michael Saylor’s bold plan outlines how the US could generate $81 trillion by 2045.
Quick Take This is an excerpt from the 23rd edition of The Funding sent to our subscribers on March 9. The Funding is a fortnightly newsletter written by Yogita Khatri, The Block’s longest-serving editorial member. To subscribe to the free newsletter, click here.
Quick Take Bitcoin’s Sunday slide below $83,000 led a market-wide price decline with Dogecoin and Cardano each dropping by more than 10%. Both altcoins had recovered slightly late Sunday afternoon.
- 04:03Rich Dad Poor Dad Author: Buys Bitcoin Again at $110,000, Plans to Buy More After Market CorrectionAccording to Odaily Planet Daily, Robert Kiyosaki, author of "Rich Dad Poor Dad," posted on X that he has bought Bitcoin again at the $110,000 level. He noted that retail investors are rushing into the market due to FOMO, while as someone who holds a significant amount of Bitcoin, he will wait for the market to dip and then buy more after retail investors panic sell again. Buying brings profit; selling does not bring profit.
- 04:03A whale shorted ETH with 15x leverage last night, holding a position of 37,000 ETH worth $110 million nominallyAccording to Odaily Planet Daily, on-chain analyst Yujin has monitored that a certain whale used 6.58 million USDC last night to short 37,000 ETH on Hyperliquid with 15x leverage, with a position valued at $110 million. The entry price was $2,969, and the liquidation price was $3,079.
- 03:57Data: Bitcoin Spot ETFs Saw a Total Net Inflow of $1.03 Billion Yesterday, Marking Seven Consecutive Days of Net InflowsAccording to ChainCatcher, data from SoSoValue shows that the total net inflow into Bitcoin spot ETFs reached $1.03 billion yesterday (July 11, Eastern Time). The Bitcoin spot ETF with the highest single-day net inflow yesterday was BlackRock’s ETF IBIT, with a net inflow of $954 million in one day. To date, IBIT’s historical total net inflow has reached $54.405 billion. The next highest was the ETF ARKB from Ark Invest and 21Shares, with a single-day net inflow of $23.5129 million. ARKB’s historical total net inflow now stands at $3.04 billion. As of press time, the total net asset value of Bitcoin spot ETFs is $150.6 billion, with the ETF net asset ratio (market value as a percentage of Bitcoin’s total market cap) at 6.43%. The historical cumulative net inflow has reached $52.365 billion.