Here are some noteworthy news updates for today:



Bitcoin network mining difficulty has slightly decreased by 0.74%, currently at 148.20T. The hash rate market appears to be entering a short-term adjustment phase.

Ethereum spot ETF is performing quite well, with a net inflow of 57.58 million dollars yesterday, marking the third consecutive day of net inflow. Institutional interest in ETH is clearly warming up.

There is a major regulatory news — Terraform Labs founder Do Kwon was sentenced to 15 years by a US judge. The LUNA crash case has finally been settled, and this verdict serves as a warning to the entire industry.

Additionally, macroeconomic data shows that last week’s initial jobless claims in the US were 236,000, indicating the labor market remains relatively stable, which is not bad news for risk assets.
BTC-2.7%
ETH-4.77%
LUNA-13.83%
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GateUser-0717ab66vip
· 16h ago
Ethereum's recent net inflow really can't be sustained anymore; institutions are finally starting to move. Do Kwon15 years, can LUNA victims finally find some relief now? Mining difficulty adjustment, should miners celebrate or cry? Unemployment data is so steady, what trick will the Federal Reserve pull next? ETH has been rising for three days in a row, it feels like it's about to start bragging again. Regulatory rulings are coming into effect, at least setting a standard for the industry. Adjustments in hash rate, is it an entry opportunity or still a bear market? Does institutional capital returning mean the bottom is in? Don't fool me.
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liquidation_watchervip
· 19h ago
Mining difficulty drops, and institutions are actually entering the market. Whose logic is this? Everyone should think about it carefully. Do Kwon’s 15-year sentence is really deserved. The entire industry should learn a lesson, right? But I feel like some people haven’t learned their lesson yet. ETH has seen net inflows for the third day. Are institutions really coming in, or are they just cutting the leeks again? Is stable unemployment data good news for the crypto market? I always feel like something’s not right. How long can the hash rate adjustment period last? Honestly, it still depends on whether the hash rate can keep up with the rise.
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MultiSigFailMastervip
· 12-14 18:01
Haha, Do Kwon has finally gone in, and this time there's really no turning back. The money-making wave in ETH is still ongoing, institutions have really recovered. Hash rate difficulty has decreased, but I still remain bearish in the short term. Unemployment data is stable? Then risk assets are about to take off again. That Luna pit, 2015 was enough for him to reflect well. The ETF influx has just begun, and I am optimistic about the future. Do Kwon was sentenced to 15 years, about time, truly. The adjustment period for hash rate has arrived; maybe mining costs can come down a bit. Institutional funds are warming up, and this is worth following. Macro data is stable, but I’m still a bit hesitant.
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SchrodingerWalletvip
· 12-12 05:59
Institutions are once again eating up, a signal before ETH takes off? --- Do Kwon is completely finished this time, 2015... This is what you call karma. --- Unemployment rate remains stable, the Federal Reserve will have to reconsider, which is good for us. --- Mining difficulty drops, is it time to buy bottom-tier mining rigs? --- Continuous net inflow, hopeful that ETH can turn around this year. --- Regulation and macroeconomics again, what's the use of talking about these every day? Price movement speaks the loudest. --- Haven't learned enough from the LUNA lesson? Just watch the show.
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FloorSweepervip
· 12-12 05:57
ngl do kwon getting 15 years is lowkey the cleansing this market needed... paper hands gonna paper hand but at least regulators finally moving lol
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ConfusedWhalevip
· 12-12 05:57
Listen up, those shorting Bitcoin—have you not realized that the difficulty has dropped yet? ETH is really stable this round; institutions are quietly building positions. Do Kwon's situation should have been handled this way from the start; the entire circle can finally be at peace. Unemployment data is so stable, it indicates the Federal Reserve will continue to pump liquidity. Fifteen years, so the prison sentence will be long. Bitcoin is probably going to rebound again; the adjustment period in the hash rate market is an opportunity. The over 57 million dollars invested in the ETF, and more funds are waiting to enter. I'm optimistic about ETH's performance in the second half of the year, truly. Do Kwon's sentencing is so harsh that other projects might need to tighten up. Under macroeconomic stability, risk assets are actually more likely to take off. The difficulty adjustment is normal; mining costs have come down. It's still a good time to buy ETH now, right?
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GateUser-addcaaf7vip
· 12-12 05:56
Do Kwon has finally been detained; it was about time. This wave of ETH spot ETFs is indeed interesting; institutions are starting to scoop them up. No need to panic about hash rate adjustments; it's just normal fluctuations.
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HypotheticalLiquidatorvip
· 12-12 05:41
The difficulty adjustment seems mild, but this precisely indicates that large investors are quietly reallocating their portfolios... ETH continues to attract funds for the third day. Be cautious, as this may be a prelude for institutions to sell high.
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FantasyGuardianvip
· 12-12 05:39
People shorting Bitcoin are going to have a tough time again haha ETH's recent momentum of attracting funds is real, institutions are not lying Do Kwon sentenced to 15 years, finally someone is taking the blame for LUNA What does stable unemployment data indicate? Everyone still has money to play with crypto Mining difficulty adjustment period? I think it's a pre-flight buildup It's good if ETF inflows can continue this round, don't let it be a fleeting moment
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RugDocDetectivevip
· 12-12 05:36
Mining difficulty is turning around, and the computing power is about to shuffle again? The institutional accumulation of ETH this time feels a bit intense... Do Kwon being sentenced to 15 years is really the breaking point; learn your lessons, everyone. Stable unemployment data is actually quite beneficial for the crypto market. Institutions are very active in this cycle.
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