Canada's National Economic Confidence Index as of July 18

🚨🇾🇪 BREAKING: YEMEN RESIDENTS REPORT MASSIVE EXPLOSIONS NEAR POWER STATION At least 2 explosions rocked Yemen's capital early Sunday near a power station, residents say. Cause still unknown.

In the rapidly changing Crypto Assets market, it is crucial to timely identify potential risks and manipulation behaviors. Recently, a tool called Bubblemaps has attracted widespread attention for its unique on-chain data analysis capabilities. The core advantage of Bubblemaps lies in its ability to quickly identify and report suspicious fund flows. Compared to traditional price chart analysis, this on-chain data-based approach can detect market anomalies earlier and more accurately. For example, when large holders quietly conduct large-scale transactions or behind-the-scenes addresses suddenly start selling off, Bubblemaps can immediately capture these trends, providing valuable early warning information to investors. It is worth noting the community collaboration model adopted by Bubblemaps. Users can share discoveries and clues on the platform, using collective intelligence to verify and enhance the accuracy of risk identification. This crowdsourced approach not only improves the reliability of early warnings but also creates an active information exchange ecosystem. To encourage users to continuously participate and contribute valuable information, Bubblemaps has also introduced a reward mechanism. Users can earn BMT token rewards by providing valuable market insights, which further promotes the platform's sustainable development and improves the quality of information. The emergence of Bubblemaps undoubtedly provides cryptocurrency market investors with a powerful risk management tool. It enables investors to proactively guard against potential risks rather than passively respond to market fluctuations that have already occurred. As the number of investors using Bubblemaps increases, the cost and difficulty of market manipulation will also rise, which is expected to promote the transparency and healthy development of the entire Crypto Assets market. In this uncertain world of Crypto Assets, Bubblemaps is gradually becoming a valuable assistant for investors, helping them make more informed decisions in the complex and ever-changing market environment.

As an experienced crypto assets investor, I have witnessed the rise and fall of countless projects. However, in this rapidly changing market, WalletConnect has consistently maintained its stability and practical value. Whether in a bull run or a Bear Market, its demand has always been present. Recently, I have been participating in the mining activities of the STRK project, while also interacting within the ZKSync ecosystem. These operations would be difficult to carry out smoothly without the support of WalletConnect. Currently, the price of WCT (the token of WalletConnect) seems to be undervalued. It is not just a simple token, but rather incorporates a triple value capture mechanism of governance rights, fee consumption, and ecosystem development. This diversified value model is far superior to those projects that only make grand promises. From a long-term investment perspective, I believe holding WCT could be a wise choice. It not only represents a mature and stable project but also has the potential to play a larger role in the future Crypto Assets ecosystem. Of course, investment decisions should be based on thorough research and individual risk tolerance. Caution should be exercised and risk management should be well-prepared for any investment.

The latest data from the global Bitcoin holdings ranking reveals that China ranks eighth, holding approximately 194,000 Bitcoins, which accounts for nearly 1% of the total. This figure is surprising, especially considering China's strict regulations on Crypto Assets trading. So, how did the Chinese government acquire such a large amount of Bitcoin? The answer dates back to 2019, when law enforcement successfully dismantled an illegal Crypto Assets pyramid scheme called PlusToken, seizing a large amount of Bitcoin as evidence. This action not only cracked down on illegal activities but also unexpectedly made China one of the "big whales" on the blockchain. Interestingly, this approach is quite similar to how the United States handled the seizure of Bitcoin in the Silk Road case. The United States currently ranks sixth, holding about 207,000 Bitcoins, slightly more than China. This indicates that despite potentially differing public stances, major countries recognize Bitcoin as a valuable asset in action. The seized Bitcoins are now locked in the official wallet, becoming a special "reserve" in the market. Unlike the Bitcoins that Satoshi Nakamoto may permanently lock up, these officially held Bitcoins could theoretically be accessed in certain situations, such as policy changes or when liquidation is needed. Although the likelihood of this happening in the short term is low, investors still need to be wary of potential risks. Despite the current trading market being relatively calm, China's eighth position on-chain remains noteworthy. The future direction of this batch of Bitcoins may become one of the factors influencing market sentiment. Therefore, closely monitoring the wallet movements of these large holders may be beneficial for investors. In the world of Crypto Assets, the official holdings of these Bitcoins undoubtedly add a layer of complexity and uncertainty to the market. Over time, their existence and potential impact will continue to be a focal point for industry insiders and investors.

🇳🇴 UPDATE: As per Standard Chartered, Norway's $1.7T wealth fund increased its Bitcoin exposure 83% to 11,600 $BTC in Q2.