Crypto Pro Updates
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πŸ‡ΊπŸ‡ΈπŸ—½ The US tells OpenAI to limit the GPT 5.6 release while the government reviews it, The Information reports.

CEO Sam Altman stated, "We've made clear to the US government that this is not our preferred long term model." #ai
πŸ“Œ Top 5 News for 24 Hour:

1. Michael Saylor and Tom Lee face significant unrealized losses. β†’
πŸ‘ 259 | ❀️ 1 | πŸ” 6

2. BlackRock deposits $147.6M worth of BTC on Coinbase. β†’
πŸ‘ 326 | ❀️ 2 | πŸ” 5

3. Over 50% of BTC underwater, indicating bear market. β†’
πŸ‘ 266 | ❀️ 2 | πŸ” 5

4. Machi loses $35.4M in liquidations, opens new position. β†’
πŸ‘ 309 | ❀️ 0 | πŸ” 5

5. James Wyn closes $BTC short, opens $SP500 short. β†’
πŸ‘ 285 | ❀️ 0 | πŸ” 5

| |
πŸ“Œ Top 5 News for 24 Hour:

1. Michael Saylor and Tom Lee face significant unrealized losses. β†’
πŸ‘ 259 | ❀️ 1 | πŸ” 6

2. BlackRock deposits $147.6M worth of BTC on Coinbase. β†’
πŸ‘ 326 | ❀️ 2 | πŸ” 5

3. Over 50% of BTC underwater, indicating bear market. β†’
πŸ‘ 266 | ❀️ 2 | πŸ” 5

4. Machi loses $35.4M in liquidations, opens new position. β†’
πŸ‘ 309 | ❀️ 0 | πŸ” 5

5. James Wyn closes $BTC short, opens $SP500 short. β†’
πŸ‘ 285 | ❀️ 0 | πŸ” 5

| |
πŸ‡ΊπŸ‡ΈπŸ“ GOP Lawmakers Urgently Pursue Clarity Act Before August Recess - Eleanor Terrett

Pressure and time constraints could ultimately create the conditions needed to strike a deal.
πŸ’΅ 250,000,000 $USDC (249,932,372 USD) minted at USDC Treasury.
πŸ•΅οΈβ€β™‚οΈ A newly created wallet withdrew 14,944 $ETH ($23.5M) from WhiteBit.
πŸ’΅ 250,000,000 $USDC (250,115,875 USD) minted at USDC Treasury.
πŸ’Έ After 8 months, SharpLink is buying $ETH again!

6 hours ago, SharpLink received 5,000 $ETH ($7.85M) from FalconX.

SharpLink now holds 876,285 $ETH ($1.4B), including 22,102 $ETH earned from staking.

Its average purchase price is ~$3,609, and it is now sitting on an unrealized loss of $1.71B.
πŸ•΅οΈβ€β™‚οΈ Despite the market downturn, whales are still accumulating $HYPE.

A newly created wallet, 0x66FE, withdrew 222,493 $HYPE ($14.41M) from Coinbase Prime 1 hour ago.

Meanwhile, whale 0x6437 received another 44,986 $HYPE ($2.87M) from FalconX 2 hours ago.
πŸ‡°πŸ‡·βš οΈ South Korea's KOSPI stock market halted after an 8% crash, triggering a circuit breaker.
πŸ‡ΊπŸ‡ΈπŸ—½ #WLD #AI The USA has instructed OpenAI to limit the release of GPT 5.6 while the government studies it. Regulation
πŸ•΅οΈ 500,000,000 $USDT (499,214,000 USD) transferred from Binance to Tether Treasury.
πŸ˜±πŸ€‘ Fear & Greed Index for #BTC
❀1
πŸ“ #AAVE Founder of Aave refuted reports that parent company Kraken, Payward, is in talks to acquire 15% of the protocol's shares for $385 million. This would amount to only 30% of the total market capitalization of the AAVE token.
πŸ•΅οΈ Tom Lee's Bitmine just staked another 160,480 $ETH ($248.7M).

In total, Bitmine has staked 4.88M $ETH ($7.56B), which is 86% of its total holdings.
πŸ’Ό #RWA Invesco applies to create a tokenized fund focused on the stablecoin reserves market. #stablecoin
Up By The Way
πŸ†• $ARX listed on Bithumb spot
πŸ‘€ #BTC BitGo, a cryptocurrency infrastructure company, is laying off 15% of its employees.
πŸ•΅οΈ Two wallets likely linked to Alex Mashinsky sold 17,598 $ETH for $27.24M $USDS at an average price of $1,548.

The connection between Alex and these wallets is yet to be verified.
πŸ“‰ #USDT #ETH #BTC USDT Surpasses ETH to Become Second-Largest Cryptocurrency by FDV, Behind BTC

According to CoinGecko, as ETH fell 5.5% over the past 24 hours, Tether USDT’s FDV reached $191.521 billion, surpassing ETH’s $187.532 billion. This positions USDT as the second-largest cryptocurrency by FDV, behind only BTC.