Market Update: BTC Short Squeeze and ETF Momentum
Market Update: BTC Short Squeeze and ETF Momentum
馃敟 Shorts Got Squeezed
Bitcoin experienced a significant rally leading to one of 2025's largest short squeezes. ETF products continue showing strong performance with unprecedented inflow levels.
Key developments:
- Major BTC short squeeze event
- Record-breaking ETF inflows
- Goldman Sachs implementing quarterly loyalty pledges for junior staff
The Epicenter newsletter provides concise market insights in under 5 minutes.
Subscribe to The Epicenter for weekly updates on DeFi, TradFi, and fintech developments.
BTC鈥檚 rally triggered one of the year鈥檚 biggest short squeezes. ETFs are clocking record inflows. Goldman鈥檚 making juniors pledge quarterly loyalty oaths. This week鈥檚 Epicenter covers what actually matters. All signal, sub-5-minute scroll. Subscribe below and stay sharp 猬囷笍
Pyth Network Launches VXX Volatility Feed Across 100+ Blockchains
Pyth Network has expanded its oracle capabilities with the launch of $VXX price feeds across more than 100 blockchains. Key points: - $VXX tracks short-term VIX futures contracts - Integration already adopted by Nunchi Trade - Available for builders to implement via Pyth's price feeds platform This follows Pyth's earlier deployment on Swell Network, which enabled: - Access to 1,400+ real-time price feeds - Update fees of 0.00005 ETH - Broader integration possibilities for blockchain developers [Start building with VXX](https://www.pyth.network/price-feeds/equity-us-vxx-usd)
Chainlink Launches Cross-Chain Interoperability Protocol (CCIP)
**Chainlink** has officially launched its Cross-Chain Interoperability Protocol (CCIP) on mainnet, marking a significant milestone in blockchain connectivity. - CCIP enables secure cross-chain messaging and token transfers across major networks including *Ethereum*, *Optimism*, *Avalanche*, *Polygon*, and *Arbitrum* The protocol features built-in security measures including **Risk Management Network** and **DON** (Decentralized Oracle Network) for transaction verification. Several prominent projects including *Swift*, *Australian ANZ Bank*, and *Cross River* are already implementing CCIP for various use cases. [Learn more about CCIP](https://chain.link/ccip)
Real-time Data and On-chain CLOBs Discussion
A technical discussion featuring @XPressIntern and @PTillement will explore real-time data integration and on-chain Central Limit Order Books (CLOBs). Key Points: - Focus on real-time data implementation - Analysis of on-chain CLOB architecture - Technical insights from industry experts This follows previous discussions from March 2025 on similar topics, suggesting an ongoing development series.
Pyth Director to Judge at Chiliz Hackathon Paris
Kemar Titi, Director of PDA, will serve as judge at the Chiliz Hacking Paris event on July 12-13, 2025. The hackathon focuses on market data and financial applications powered by Pyth Network. - Event highlights intersection of market data and blockchain technology - Projects will be evaluated for technical merit and real-world application - Participants can leverage Pyth's oracle infrastructure Join builders and innovators in Paris for this exciting two-day event focused on advancing blockchain-powered financial markets.