Crypto Pro Updates
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πŸ‡ΊπŸ‡ΈπŸ—£ #BTC Congressman Brad Sherman says "crypto has all the power in Congress."

He also condemns the Crypto GENIUS Act, calling it an "attack on working families" and that crypto creates "the perfect financial tool for drug dealers and tax evaders."
πŸ—½πŸ‘€ House passes crypto market structure bill and sends it to Senate - bloomberg
πŸ‡ΊπŸ‡Έβœ… The House of Representatives also passed a bill on stablecoins
πŸ’°πŸ™‹β€β™‚οΈ #ETH SharpLink Gaming plans to raise $5 billion for further ETH purchases.
πŸ—½πŸ‘€ Trump intends to open the US Pension Market to crypto investments - bloomberg
πŸ‡ΊπŸ‡ΈπŸ₯³ Trump is expected to sign an executive order as early as this week that will allow alternative investments beyond traditional stocks and bonds (cryptocurrencies, gold, private equity) to be included in 401k's (retirement savings).
🌍 If crypto were a country, its $4T market cap would rank 6th worldwide, ahead of massive economies like the UK (~$3.8T), France (~$3.2T), Italy (~$2.4T).
πŸ“ŠπŸ‘€ #BTC is up over 11% since the end of June, while our broad-based indices have both outperformed. The KT5 and the KT10 are up 23% and 24%, respectively.

The outperformance relatively to BTC highlights the strength of altcoins at present. Bitcoin has largely dominated the recent market highs, but assets like #ETH and #XRP are massively outperforming the original cryptocurrency at present.
πŸ“ˆ Quarterly stablecoin transfer volume reached an all-time high of $9.83 trillion in Q2 '25. #stablecoin
πŸŒͺ🍿 #TORN US prosecutors expect to resolve Roman Storm's case by July 25. cointelegraph
πŸ“Š Chart
πŸ”πŸ³ Whale with 80,009 #BTC ($9.46 billion) transferred the remaining 40,192 BTC ($4.77 billion) to Galaxy Digital.
πŸ“ˆ #BTC #ETH #ETF Yesterday, total net inflows of spot BTC-ETFs totaled ~$522.6 million.

Total net inflows of spot ETH-ETFs amounted to $602 mln.
πŸ‡ΊπŸ‡ΈπŸΏ Several members of Congress intend to turn over Jerome Powell's records to the Justice Department for criminal prosecution over allegedly false information about the $2.5 billion renovation of the Federal Reserve building.
πŸ—½ Thumzup Media, backed by Trump Jr. received board approval to create a $250M treasury in #BTC, #XRP, #DOGE and other cryptocurrencies. theblock.co
πŸ‡ΊπŸ‡ΈπŸ‡§πŸ‡· US to investigate Brazilian digital payment system. cointelegraph
πŸ“ˆ Cryptocurrency market capitalization has surpassed $4 trillion for the first time. theblock
πŸ”πŸ³ Whale Transactions:

1. SharpLink bought another 32,892 #ETH ($115 million). They have accumulated 144,501 ETH ($515 million) in the last 9 days;
2. WLFI spent 3 million #USDC to buy 861 #ETH. WLFI bought a total of 70,143 ETH ($251 million) at an average price of $3249;
3. 0x35fb withdrew 103,274 ETH ($372.8M) from Kraken in the last 9 days;
4. 0x9684 withdrew 103,141 ETH ($372.3 million) from FalconX in the last 7 days.
πŸ‘€ [Notice] Notice on additional opening of deposit/withdrawal services for Travel Rule Solution-linked exchanges upbit #Upbit #Listing
πŸ’Έ #BTC Over the past 24 hours, contracts worth ~$814.97 million have been liquidated, of which longs have liquidated ~$296.69 million and shorts ~$518.28 million.
πŸ‘ #NMR Numerai will buy back $1 million worth of NMR's own tokens. theblock.co
πŸ“Š Friday expiration of ~$5.6 billion worth of options**:
- Nominal value of #BTC options: $4.9 bln
- put/call ratio: 0.69
- max pain point: $113,000

- Nominal value of #ETH options: $750 million $
- put/call ratio: 1.00
- max. pain point: $2,900.