Gate News Bot news, July 7, according to CoinMarketCap data, as of the time of writing, ALPINE (Alpine F1 Team Fan Token) is currently priced at $0.78, with a rise of 18.75% in the last 24 hours, reaching a high of $0.78 and a low of $0.66. The current market capitalization is approximately $13.1 million, an increase of $2.07 million compared to yesterday. ALPINE is a fan token issued in collaboration with the Alpine F1 team, aimed at enhancing the interaction between the team and its fans. Holders can participate in relevant voting, gain access to exclusive content, and experience various rights. Recent important news about ALPINE: 1️⃣ **Alpine Fox LP founder announces large Bitcoin transaction** Alpine Fox LP founder Mik

PANews, July 4th news, Alpine Fox LP founder Mike Alfred posted on X platform stating: "A super whale buyer contacted me in the past hour, and we have reached an agreement on a transaction of over 8,000 Bitcoins. The selling pressure in the public market will decrease, and prices are expected to rebound before next Monday."

Odaily News Alpine Fox LP founder Mike Alfred posted on the X platform, stating that an agreement has been reached with a Whale buyer to purchase about 8,000 BTC. Mike Alfred stated: A super Whale buyer contacted me within the past hour, and we have reached an agreement on the transaction of more than 8,000 Bitcoins. The selling pressure in the public market will decrease, and prices are expected to rebound before next Monday.

The S&P 500 index is approaching historical highs, but the arrival of earnings season puts the rise under test, with expectations for a mere 2.8% growth in second-quarter profits. Only six zones are expected to see profit growth, and the market is concerned about high valuations, with analysts warning of potential fall risks in the future.

Golden Finance reported that Mike Alfred, founder and managing partner of Alpine Fox LP, tweeted that there are signs indicating that large players on Wall Street are trying to suppress BTC to put pressure on Strategy and other leveraged agents, which seems to be effective. If they can push the BTC price down to a low enough level, it will destroy the simple Capital Market mechanisms these companies use to increase BTC. In this environment, generating new BTC organically at a price much lower than the market price is much better than using debt or equity to purchase BTC in the open market for 'returns'. The market seems to be slowly realizing this trend.

Golden Finance reported that Mike Alfred, founder of Alpine Fox LP (@mikealfred), revealed that the Trump administration is preparing to announce a major policy at the upcoming Cryptocurrency Summit on Friday: eliminating capital gains tax on Cryptocurrency sales. At present, the official confirmation of this news has not been confirmed, and market participants are closely watching the further developments of Friday's summit.