🪙 Crypto Trader Machi Aims to Recoup $80M in a Single Trade

Renowned crypto trader Machi Big Brother is betting big to "recover all losses" in one move—after losing approximately $80 million on long ETH positions.

His current play: a 25x leveraged long on ETH, with a $20 million position opened at $1,735. This bold move highlights Machi Big Brother’s strong bullish stance on Ethereum’s price rebound.

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🪙 Crypto Trader Machi Aims to Reclaim $80M in a Single Move

Prominent trader Machi Big Brother is attempting to "recover it all" with one bold play—after losing approximately $80 million on long positions in ETH.

He’s now back in the game with a new 25x leveraged long on ETH, staking $20 million at $1,735. This aggressive entry highlights his unwavering confidence in Ethereum’s comeback.

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Even Saylor, who famously buys high and sells low, still holds a Forbes ranking of 1279. So if he can do it, you’ve got this, too, buddy.

It’s only a matter of time.

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Crypto exchange Kraken is making moves to transform into a bank in Europe.

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US cancels the license permitting Iran to export oil.

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The world’s largest prediction market, Polymarket, now supports Bitcoin Lightning deposits.

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President Trump declares the MOU with Iran is “over,” calling additional talks “a waste of time.”

The statement was made at the NATO summit.

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India's central bank backs proposed crypto ban.

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🚩 Ctrl Wallet Shuts Down Following Major Hack

Ctrl Wallet, a multichain platform supporting over 2,500 networks, is shutting down after a security breach on June 23 stemming from a vulnerability in its Cardano wallet integration. The service has been unable to recover.

Starting August 3, key features—including sending, receiving, and swap functions—will be disabled. App downloads have already been halted. Users must withdraw their funds or securely export their seed phrases before the deadline. After that date, the only supported action will be importing seed phrases into external wallets such as MetaMask, Trust Wallet, or Phantom.

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UPDATE: Former President Trump calls for the U.S. to halt all trade with Spain.

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Tether invests $20M in Brazil’s Mercado Bitcoin as USDT scales back in Europe.

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Investors have pulled funds from spot Bitcoin ETFs for 8 weeks in a row, adding up to $8.3 billion in total outflows.

Just last week, net outflows reached $526 million.

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Strike launches Bitcoin-backed loans with no forced liquidations.

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The Saylor Indicator is signaling growth once more — a pattern that previously emerged after Strategy sold Bitcoin in 2022 for tax optimization, just before a new bull cycle began.

Now, the company has offloaded BTC again, this time to cover payments on STRC. History may be setting the stage for a repeat.

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Iran halts negotiations on the final phase of a peace agreement with the United States.

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Some Federal Reserve officials believed there was a justification for hiking interest rates during the June FOMC meeting.

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Just a reminder that somewhere, someone’s wealth is ten times yours—not because they were smarter, but because they took a wild gamble they didn’t fully understand… and it happened to work out.

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BNB Chain is developing a new L1 blockchain tailored for AI-driven trading, with a testnet launching by year-end and mainnet going live next year. Designed to match CEX-grade performance: 50 ms finality, 100,000 TPS, and no public mempool for enhanced privacy.

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✋ Paradigm Secures $1.2B for AI-Focused Investments

Paradigm, the prominent crypto-native venture firm, has finalized a new $1.2 billion fund. While earlier funds concentrated largely on cryptocurrency ventures, this latest round will primarily target artificial intelligence and robotics—a strategic pivot reflecting evolving market dynamics.

This marks Paradigm’s third major fund. As Bloomberg reports, the shift toward AI comes amid booming interest in the technology, alongside a cooling phase in the broader crypto sector.

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Cathie Wood’s ARK Invest has acquired 81,847 shares of SpaceX, valued at approximately $27 million.

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