⚡️ Elon Musk launches his own political party — and it's pro-Bitcoin

Two days ago, Elon Musk announced the creation of the “America Party”, aiming to shake up U.S. politics with a bold pro-crypto stance.

🗳 Musk declared fiat "hopeless" and pledged full support for Bitcoin adoption, calling it "inevitable."

🇺🇸 Slogan: “Crypto adoption isn’t optional — it’s inevitable.”

Looks like we’re entering a new political cycle… this time powered by blocks, not ballots. 👀

🇧🇷 Brazil Hit by Record $140M Bank Hack — in Just 3 Hours

🥷Hackers pulled off the largest bank heist in Brazilian history, stealing $140 million via the national Pix payment system — and it only cost them $2,700 in bribes.

💻 An IT contractor leaked internal credentials to cybercriminals, who then drained reserve accounts from 6 banks.

💵 ~$40M was immediately funneled into BTC, ETH, and USDT via OTC platforms.

🚓 Authorities arrested one insider and confirmed the heist as the biggest financial cybercrime ever recorded in the country.

Digital heists are getting faster, bolder — and more crypto-friendly. 🤨

💵 Stablecoins = 1.1% of All US Dollars in Circulation

💰 The total market cap of stablecoins has quietly reached 1.1% of the U.S. dollar M2 money supply, highlighting their growing role in global finance.

📊 That’s over $160 billion in dollar-pegged digital assets now circulating alongside traditional USD.

🤯 Just a few years ago, this number was negligible — now, stables are becoming a parallel layer of the dollar economy, especially in emerging markets and DeFi.

The dollar just went digital — and it's not even the Fed leading the charge.

🕵️ Jack Dorsey just launched BitChat — a messenger that works without internet or servers!

Now in beta on iOS via TestFlight, BitChat uses Bluetooth mesh networking to send messages. If the recipient is offline, the message is stored and forwarded later — like a digital carrier pigeon 🕊

💬 The app features a retro IRC-style interface and aims for full decentralization.

And yes — conspiracy theorists are once again whispering: “Dorsey = Satoshi?” 👀

🔽 Bitcoin trading volumes hit yearly lows 😑

📉 Spot volume: $5.02B
📉 Futures volume: $31.2B

Even with vacation season in full swing, BTC is still holding the ~$109,000 level.

Summer slumber or calm before the next leg? 🌞📊

🎤 Drake drops Bitcoin bars in new track “What Did I Miss” ❤️

“I look at this sh*t like a BTC. Could be down this week, then I’m up next week” 🚀

Crypto volatility turned into poetry — mainstream adoption hits the mic again.

🟠 Michael Saylor hits pause, but Bitcoin Treasury wave keeps rolling

After 3 months of non-stop buying, Michael Saylor has paused BTC purchases at Strategy, saying: "Sometimes you just need to HODL."💪

Still, the company reported a $14B increase in BTC value for Q2 and plans to raise $4.2B for future buys. 🔥

Meanwhile, the Bitcoin treasury trend is alive and well:

🇯🇵 Metaplanet added 2,205 BTC — now holds 15,555 BTC
🇬🇧 The Smarter Web hit 1,000 BTC after buying 226 BTC
🇫🇷 The Blockchain Group added 116 BTC — total 1,904 BTC
🇸🇪 Hilbert Group launched a strategic crypto reserve plan
🎮 NIP Group (Ninjas in Pyjamas) enters BTC mining, aiming for 60 BTC/month with 3.11 EH/s

Institutions aren't just adopting — they’re stacking like never before 🚀

📊 Bitcoin & Ethereum Treasury Boom

Institutional crypto adoption accelerates:

🇺🇸 DDC Enterprise bought 230 BTC, raising its total to 368 BTC at an avg. price of $90,764.
🧬 Semler Scientific added 187 BTC — now holding 4,636 BTC.
🇩🇪 Nakiki SE became Germany’s first public company to fully pivot to a Bitcoin-only treasury strategy.
🚀 Meanwhile, Bit Digital went all-in on Ethereum, selling all BTC and raising its ETH holdings to 100,603 ETH. With $172M ready for more, they aim to support the thesis: “Ethereum can rewrite the entire financial system.”

The treasury wars heat up — BTC or ETH, pick your side. 👀

🤔 Is the U.S. Government About to Sell ETH?

Arkham spotted two transfers from a U.S. government wallet to Coinbase Prime:

1️⃣ First, a small $10 ETH test transaction
2️⃣ Then, a larger transfer of ~$219,000 in ETH

💰 The wallet holds 100,000 ETH ($253M) — assets seized from NFT scammer Chase Senecal (aka Horror/HZ), involved in hacks of BAYC, Nouns DAO, JRNY Club, and more.

🇺🇸 The move signals a possible upcoming ETH sale — and the market is watching closely.

🇦🇪 TON & UAE Golden Visa: What Really Happened?

💎 Over the weekend, TON Foundation’s CEO claimed that staking TON could grant eligibility for a UAE Golden Visa. The news went viral after Pavel Durov reposted it — triggering a sharp TON price surge.

But soon after, three UAE regulators (ICP, SCA, VARA) denied any official link, stating TON is not licensed or regulated in the UAE and warning users to rely on official sources. 🧐

TON later admitted the initiative is in early development, involving a licensed partner — but without UAE government approval. 🤷

⚠️ Hype ahead of reality — verify before aping.

📈 Bitcoin Treasuries: New Milestone

To enter the TOP-100 corporate BTC holders, a company now needs just 22 BTC — a record low threshold. 💰

Over the past week alone, 25 companies collectively added 4,000 BTC to their treasuries.

🏦 The TOP-100 now hold a massive 852,467 BTC in total, underscoring the accelerating trend of institutional Bitcoin adoption.

New Lawsuit Hits Michael Saylor & Strategy 🙀

⚖️ Portnoy Law has filed a class action lawsuit against MicroStrategy (now rebranded as Strategy) on behalf of investors who bought shares between April 30, 2024 – April 4, 2025.

The claims? Overstating BTC strategy profitability 📉

⚠️ Downplaying volatility risks & ignoring accounting rule ASU 2023-08
💥 April shock: $5.91B in unrealized BTC losses → stock drops ~9%

The deadline to join the lawsuit is July 15. Saylor’s Bitcoin vision now faces legal volatility too.

🤯 USDT On-Chain Volume Hits $1 Trillion/month!

Tether CEO Paolo Ardoino confirmed it: USDT is now processing over $1 trillion in monthly on-chain transfers 💸

That’s more than some national economies move in a year — and it shows just how deeply USDT is embedded in global crypto flows. 💰

Stablecoin dominance? Confirmed. ✅

🐋 Another dormant Bitcoin whale from 2019 has "woken up"!

After years of silence, the wallet suddenly transferred 6,000 BTC (~$649 million) to a new address. 💰

Such large movements often stir speculation — is this profit-taking, cold storage reshuffling, or something bigger?

The whale had held these coins untouched for over 5 years, and this move joins a recent trend of old wallets becoming active again.

🔗 Transaction details

🔥 Trump’s Truth Social has filed an application with the SEC to launch a Crypto Blue Chip ETF — a fund aimed at investing in the "blue chip" assets of the crypto market.

📘The Crypto Blue Chip ETF would give investors exposure to top-tier digital assets, likely including established cryptocurrencies like Bitcoin, Ethereum, XRP, and SOL without needing to hold the coins directly.

This move marks a bold expansion into the crypto-finance space by a company closely tied to Donald Trump.

📄 SEC filing

📉 Since 2020, Bitcoin's supply has been growing 3x slower than gold and 5x slower than the U.S. dollar!

This sharp contrast highlights Bitcoin's deflationary nature and fixed issuance — making it increasingly attractive as a hedge against inflation and fiat devaluation. 💵

💡 Scarcity = Value.

🤑 Hopium Alert: BTC Still Undervalued?

The Bitcoin Mayer Multiple sits at 1.1, meaning BTC is trading just slightly above its 200-day SMA — still in the neutral zone. Overheating usually starts above 1.5. 👀

Strong fact: According to Coinglass, none of the top 30 bull market peak indicators currently signal a BTC top. 🔥

🚀 Looks like there’s still room to grow.

⚠️ BTC at Risk? Japan’s Bond Market Sends Shockwaves

Coindesk reports a sharp 30 bps surge in Japan’s 30-year bond yield (now 3%, a high since May) — a major red flag for risk assets like Bitcoin. 🤔

📈 Why?

▪️ Trump’s new 25% tariffs (starting Aug 1, no delays)
▪️ Upcoming elections & stimulus payments in Japan
▪️ Mounting public debt

📉 Historically, BTC peaks have aligned with low bond volatility. Rising yields could trigger a global ripple effect.

🔔 Watch Thursday (July 10): A key 20-year bond auction may spike volatility further.

🗓 Reminder: Japan’s stock market turmoil in Aug 2024 also led to a steep BTC drop.

📊 Are Long-Term BTC Holders Preparing to Sell?

Historically, long-term holders (LTH) start taking profits when their unrealized gains exceed 300%. Currently, their average profit is around 215%.🧐

🔎 According to CryptoQuant, we’re now in a zone between gradual profit-taking and a possible sell-off phase from LTHs.

⚠️ Stay alert — the market could shift quickly if that 300% threshold is approached.

😮 Whale Awakens After 6 Years — Moves $1.88B in BTC

Another dormant whale address has reactivated after 6 years, first moving 9,000 BTC ($977M), then a total of 17,283 BTC ($1.88B) within 24 hours to various wallets. 💰

👀 The market watches closely — let’s hope this whale uses OTC desks instead of dumping on exchanges.

🥰 Public Companies Are Buying Up Solana ($SOL)

Institutional interest in Solana is heating up:

🔸 Upexi acquired 735,692 SOL (~$110M)

→ U.S. DTC company selling health, beauty, and home goods via Amazon & own channels
→ Plans to explore tokenized equity

🔸 DeFi Development Corp added 47,272 SOL, now holding 690,420 SOL (~$103M)

→ Focused on building and investing in Web3 & DeFi infrastructure

📈 Growing corporate SOL holdings signal rising confidence in Solana’s long-term value.