A new law in Hungary sets up to 2 years in prison for crypto traders using unauthorized exchanges β and up to 5 years for large transactions.
π¦ This has already triggered concerns: major players like Revolut are considering leaving Hungary. Observers warn this move could push crypto firms to relocate across Europe.
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When the index reaches above 70, it's time to think about selling your altcoins.
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Let me know if you'd like it tweaked or expanded!
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$150B Added in July
Ethereum just added over $150B to its market cap in July alone, driven by one of the biggest short squeezes in crypto history.
π Analysts now point to $4,000 as the next target, with strong momentum from:π£ Liquidation of overleveraged short positionsπ£ Institutional inflows and whale accumulationπ£ Bullish technical signals (golden cross, breakout patterns)π£ As long as ETH holds above $2,500, the uptrend looks intact. But resistance near $2,800 could be the next battleground.
Stay sharp β this might just be the beginning
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"This legislation paves the way for Americaβs leadership in the global digital currency revolution."
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π¬ Do you think Ethereum can break through upcoming resistance levels and reach $4,800?
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Trump Media has acquired $2 billion in Bitcoin, expanding corporate investments in cryptocurrency β‘
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The Business of Memes: Solana's Meme Coin Factory Hits $774M in revenue
π Pump. fun has become a meme coin powerhouse on Solana β generating $774M in revenue, launching a $600M ICO, and minting nearly 12 million tokens since early 2024.
πͺ It lets anyone create tokens instantly, stream their launches live, and βgraduateβ successful coins to a built-in exchange β turning crypto launches into viral entertainment.
π With its wild growth, Pump. fun is changing how the world sees meme coins β fast, fun, and unstoppable.
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β Yesterday, Telegram officially launched the self-custodial TON Wallet for users in the United States. Wallet allows users to send and receive crypto (like USDT and Toncoin) directly inside Telegram β no extra apps or extensions needed.
β Wallet supports staking, DeFi access, zero-fee payments, and direct bank withdrawals. Users retain full control over their private keys.
β Following the news, TON Coin surged over 10%, briefly climbing above $3.40, before seeing a slight pullback later in the day.
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Bitcoin Stuck Between Resistance and Support, Altcoins Falter π―
πΈ Bitcoin remains range-bound near $118Kβ$120K following a record high, consolidating as it struggles to break resistance around $120K. Meanwhile, altcoins lag significantly: 48 of the top 100 saw double-digit losses in 24 hours, with XRP, Solana, and Dogecoin down amid regulatory uncertainty and delayed ETF approvals.
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Ethereum ETFs have outpaced Bitcoin ETFs in inflows for six days in a row!
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