KuCoin Crypto Daily(2026-07-08)

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Today's Highlights

1. Exclusive X Space with UpholdInc on XDC Network

2. ANOA Space Discusses Content Creation with Creators

3. Morocco vs France World Cup Quarter-Final Match

4. Fulham FC Appoints Álvaro Arbeloa as New Head Coach

5. South Korea’s Economy Shows Strong Export Growth


Macro News

Polymarket Integrates Spark for Instant Bitcoin Lightning Deposits

Polymarket has integrated Spark to enable instant Bitcoin deposits via the Lightning Network, giving users on the prediction market platform a faster way to fund their accounts and place bets on real-world events.


Ethereum ETF Sees $26.9M Net Inflow

BlackRock’s Ethereum ETF (ETHA) recorded a net inflow of $26.9 million, marking a significant movement in institutional interest in Ethereum.


Bitcoin ETFs See $21.4M Net Inflow

Bitcoin spot ETFs recorded a total net inflow of $21,435,000.00, marking the third consecutive day of inflows, signaling continued institutional interest in Bitcoin.


Bitcoin Rallies 11% on Weak Nonfarm Payrolls

Bitcoin surged 11% following weaker-than-expected nonfarm payrolls data, with the upcoming FOMC minutes expected to provide further clarity on the market narrative.


South Korea’s Economy Gains Momentum

South Korea’s economy continues to show signs of recovery, with strong export growth driven by the chip industry, particularly in AI-related demand.


Industry Hotspots

Secret Network Migrates to Arbitrum

Secret Network announced a migration to Arbitrum, with a SCRT snapshot scheduled for September 1. New ERC-20 SCRT will be issued on Arbitrum for eligible holders.


Robinhood Chain Stablecoin Supply Surges 155%

Stablecoin supply on Robinhood Chain increased by 155% in seven days, reaching $246.97 million, accounting for 93% of the chain’s total value secured.


BLUR Volume Surges 14.3x in 24 Hours

BLUR experienced a 14.3x increase in trading volume in 24 hours, with its price rising 27.9%. The surge reflects increased market participation and bullish momentum.


CASHCAT Market Cap Surpasses $100M

Meme coin CASHCAT on Robinhood Chain saw its market cap surge to over $100 million in 24 hours, driven by strong community engagement and on-chain activity.


US DoD Buys 16,167 Metric Tons of Lithium

The U.S. Department of Defense has issued a solicitation for up to 16,167 metric tons of battery-grade lithium carbonate for national defense stockpiling over the next five years.


KOL and Institutions

@elonmusk

THE LARGEST #XRP LEDGER DECENTRALIZED MEDIA OUTLET HAS BEEN REMOVED!! PLEASE REINSTATE!! #XRP COMMUNITY WE NEED TO STAND TOGETHER!!

@blknoiz06

$ANSEM isn't just another meme coin. From $0-400M MC in 19 days with airdrops, liquidity additions, supply control, and 120K+ holders.

@blknoiz06

There are still issues here: upward price momentum is waning, airdrop is limited, and small contributors lack influence to spread the word effectively.

@blknoiz06

The reason solana:9cRCn9rGT8V2imeM2BaKs13yhMEais3ruM3rPvTGpump keeps climbing has nothing to do with luck. It's being treated as a distribution layer.

@shlomiz

Market indices show modest losses with a slight risk-off tone. S&P 500 down 0.45%, Nasdaq down 1.16%, and Dow Jones down 0.25%.

@CryptoA12552

Bitcoin remains stable at $62,645, while DEXE and LAB lead the gainers. Crypto market cap stands at $2.26T with extreme fear index at 24/100.

@blokfeed

The crypto market is taking a small breather with Bitcoin and Ethereum showing minor dips. Market cap slightly down to $2.28T.

Polymarket

Polymarket has integrated Spark to enable instant Bitcoin deposits via the Lightning Network, improving user experience and transaction speed.

BlackRock

BlackRock’s iShares Bitcoin Trust (IBIT) recorded a significant inflow, contributing to a $265.7 million boost in U.S. spot Bitcoin ETF demand.

CFTC

The CFTC filed a civil lawsuit against Trevor Vernon and Argent Capital Management LLC for the illicit solicitation of $14 million.

@RealFi

The Genius Act marks a regulatory milestone for stablecoins, shifting the focus from who can tokenize money to which infrastructure can securely power the next generation.

@EthSayn1618

Bitcoin spot ETFs saw a total net inflow of $21,435,000.00, marking three consecutive days of inflows, which could indicate sustained institutional interest.

@Blackrock

BlackRock’s Ethereum ETF (ETHA) recorded a net inflow of $26.9 million, reflecting strong institutional demand for Ethereum.

@state

The state creates homelessness with no incentive to end it. Over 745,000 people are unhoused in America, including 150,000 children.


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