CryptoQuant analysts have noted that the current dynamics of the MVRV 365DMA indicator resemble the situation in 2021, when the market reversed after forming a ‘double top’ pattern.

The chart structure is almost identical to that seen before the bear market two years ago. Presumably, the peak of the current cycle will form by the end of August or early September.

However, it is important to remember that MVRV is a lagging indicator, so the actual reversal may occur slightly earlier.

Subscribe ✅️ | YouTube 📱 | TikTok 📱
Exchanges💰: LBank | Blofin | Bitunix
Get bonuses — sign up on the exchange!

Bitmine analysts have presented a forecast that Ethereum could grow to over $700,000 per 1 ETH

Provided that the world economy fully switches to tokenisation of assets.

The analysts call the level of $60,000 per ETH an intermediate target, assuming a gradual growth following the expansion of tokenisation in the global market.

Subscribe ✅️ | YouTube 📱 | TikTok 📱
Exchanges💰: LBank | Blofin | Bitunix
Get bonuses — sign up on the exchange!

Crypto fund Abraxas Capital bet $800 million on a market decline.

They shorted BTC, ETH, SOL, and HYPE with 5x–10x leverage.

However, given the market's growth, the fund's losses have already exceeded $100 million. The BTC position will be liquidated at a price of $156,000.

Subscribe ✅️ | YouTube 📱 | TikTok 📱
Exchanges💰: LBank | Blofin | Bitunix
Get bonuses — sign up on the exchange!

BTCS Inc will raise an additional $2 billion to purchase ETH for its balance sheet.

This is how they plan to become a strategy player in the Ethereum world.

BTCS Inc was founded in 2013 under the name Bitcoin Shop as the first e-commerce startup to accept payments in BTC.

Subscribe ✅️ | YouTube 📱 | TikTok 📱
Exchanges💰: LBank | Blofin | Bitunix
Get bonuses — sign up on the exchange!

Bitcoin fell to $116,000.

Over the past hour, positions worth more than $212 million have been liquidated.

Subscribe ✅️ | YouTube 📱 | TikTok 📱
Exchanges💰: LBank | Blofin | Bitunix
Get bonuses — sign up on the exchange!

States release first crypto policy report

- Seized bitcoins will remain on the balance sheet of the US Treasury - they will not be sold on the market.
- The launch of the digital dollar (CBDC) from the Fed is prohibited - authorities believe it threatens financial stability and privacy.
- Banks are required to serve cryptocurrencies without pressure from regulators - the end of the "Operation Choke Point" era.
- DOJ stops scaring the industry with lawsuits instead of clear rules.
- Dollar-stablecoins are a priority: the US is betting on their development to strengthen USD's position in the digital economy.

Subscribe ✅️ | YouTube 📱 | TikTok 📱
Exchanges💰: LBank | Blofin | Bitunix
Get bonuses — sign up on the exchange!

The US SEC is changing its approach to listing cryptocurrency ETFs

So soon after sharing authority with the CFTC to oversee crypto, standards will focus on derivatives markets.

The SEC will authorise exchange-traded funds for cryptocurrencies whose futures have been traded for at least six months on regulated platforms such as Coinbase Derivatives or the Chicago Mercantile Exchange.

Based on that timeframe, Bloomberg stock analysts James Seyffarth and Eric Balchunas expect "a dozen altcoin-based funds" to be approved by October-September this year.

Subscribe ✅️ | YouTube 📱 | TikTok 📱
Exchanges💰: LBank | Blofin | Bitunix
Get bonuses — sign up on the exchange!

Circle announced the launch of USDC on Hyperliquid

Subscribe ✅️ | YouTube 📱 | TikTok 📱
Exchanges💰: LBank | Blofin | Bitunix
Get bonuses — sign up on the exchange!

🔭 $752.00 million was liquidated in 24 hours

Long by $705.79 million and short by $46.21 million.

Subscribe ✅️ | YouTube 📱 | TikTok 📱
Exchanges💰: LBank | Blofin | Bitunix
Get bonuses — sign up on the exchange!

An American schoolboy allocated $100 and gave ChatGPT complete control over a portfolio of small-cap stocks.

Over the course of a month, the portfolio yielded a return of 23.8%, with one of the most successful moves being the purchase of CADL, which accounted for about half of the total profit.

The boy did not interfere in the process and even created a transaction tracking system through Yahoo Finance for the experiment. He plans to continue the project until December and already says that he has ‘found his life's work.’

Subscribe ✅️ | YouTube 📱 | TikTok 📱
Exchanges💰: LBank | Blofin | Bitunix
Get bonuses — sign up on the exchange!

Ex-BitMEX CEO Arthur Hayes overnight sold 2,373 ETH ($8.6m), 7.76m ENA ($4.56m) and 38.9bn PEPE ($411,000).

He also attributes the current market decline to the tariff bill in the US, which comes into effect in the third quarter.

Hayes admits that bitcoin could test $100,000 and Ethereum could test $3,000 amid a lack of stimulus to grow the economy.

Subscribe ✅️ | YouTube 📱 | TikTok 📱
Exchanges💰: LBank | Blofin | Bitunix
Get bonuses — sign up on the exchange!

Andreessen Horowitz criticised the draft version of the CLARITY Act

Points of concern:

- ‘Ancillary assets’ - tokens without rights to shares, dividends, or management.
It is assumed that such assets could be used to circumvent regulation.

- Attempt to rewrite the Howey test.
According to a16z experts, it would be legally incorrect to change it.

- The possibility of insiders purchasing tokens under simplified rules and then selling them on the market without restrictions. This creates risks for ordinary investors.

A16z proposed adopting a ‘digital commodity’ model and adapting the Howey test to WEB3 without undermining the current foundations.

Subscribe ✅️ | YouTube 📱 | TikTok 📱
Exchanges💰: LBank | Blofin | Bitunix
Get bonuses — sign up on the exchange!

Ether accumulation continues

SharpLink Gaming acquired ~16,000 ETH ($54 million).

Over the past 4 days, the whale has accumulated $280 million worth of ETH.

Since 9 July, 12 new wallets have acquired more than 790,000 ETH (~$3 billion).

Subscribe ✅️ | YouTube 📱 | TikTok 📱
Exchanges💰: LBank | Blofin | Bitunix
Get bonuses — sign up on the exchange!

The main problem of the crypto industry was the speed of withdrawal of funds by attackers after hacks, - Global Ledger report

Thus, in the first half of the year, hackers stole $3 billion in 119 hacks. This is one and a half times the total losses of the cryptocurrency industry for the whole of last year.

In 84% of cases, security systems registered incidents on the day they occurred.

The record transfer speed was 4 seconds. Meanwhile, the average time from attack to first move is 15 hours. Public disclosure typically takes 37 hours. This means cybercriminals have more than 20 hours to cover their tracks.

Subscribe ✅️ | YouTube 📱 | TikTok 📱
Exchanges💰: LBank | Blofin | Bitunix
Get bonuses — sign up on the exchange!

For the first time Base overtook Solana in the number of tokens launched 🐻

So on 27 July more than 54,000 new shits appeared there against 25,000 on Solana.

The main growth was provided by the integration of Farcaster and Zora, where each post turns into a token with trading liquidity.

On Solana, trading volumes and revenues of popular platforms such as Pump fun and LetsBonk are decreasing.

Subscribe ✅️ | YouTube 📱 | TikTok 📱
Exchanges💰: LBank | Blofin | Bitunix
Get bonuses — sign up on the exchange!