Kelvo Crypto Update
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πŸ“ˆ ECONOMY UPDATE:

Goldman Sachs has raised its 2026 U.S. economic growth forecast, citing the U.S. economy's stronger performance relative to other major global economies. The revision reflects continued confidence in the country's economic resilience.
πŸ“’ BINANCE UPDATE:

Binance has launched the Mira (MIRA) Trading Tournament, giving eligible users the opportunity to share 10,000,000 MIRA in token vouchers.

The campaign also introduces a limited-time Sprint Reward, allowing users to earn additional rewards based on their trading activity.

Note: This promotion is not available to users in the EEA.
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πŸ“’ BYBIT UPDATE:

Bybit has added three new TradFi Perpetual Contracts:

BRKBUSDT (Berkshire Hathaway)

PYPLUSDT (PayPal)

MAUSDT (Mastercard)


The new listings expand Bybit's lineup of tokenized traditional finance perpetual trading products.
πŸ”₯ BIG UPDATE:

Tether reported $1.5 billion in Q2 net operating profit, increased its reserve buffer to $4.11 billion, and expanded its physical gold holdings to over 146 tons, further strengthening the backing of its reserves.
πŸ‡°πŸ‡· TODAY:

South Korea's KOSPI index has surged 18%, marking one of the largest single-day gains in its history, as investors piled back into AI and semiconductor stocks following strong earnings from major U.S. tech companies.
🚨 STABLECOIN UPDATE:

Approximately $1 billion worth of USDC has left circulation over the past seven days, signaling a notable contraction in the stablecoin's circulating supply.
πŸ“Š MARKET UPDATE:

A market analysis assesses the current strengths and weaknesses of crypto tokens, highlighting key trends and momentum based on price action and market performance over the past week.
πŸ—½ USDC UPDATE:

Circle has been granted a license to operate as a trust company in New York State, strengthening its regulatory standing and expanding its ability to offer compliant digital asset and financial services in the U.S.
πŸ“Š ETF UPDATE:

Spot Bitcoin ETFs recorded a net outflow of approximately $265.4 million yesterday, while spot Ethereum ETFs posted net inflows of around $9 million, highlighting continued divergence in institutional fund flows.
πŸ‹ WHALE UPDATE:

Bitmine has acquired an additional 10,464 ETH, valued at approximately $19.48 million, further increasing its Ethereum holdings.

A trader opened a 2Γ— leveraged long on 14.95 million KOMA (worth about $402,500) on Aster and is currently sitting on an unrealized profit of $263,500, representing a 131% gain.
🚨 UPDATE:

Gate recorded $547 million in net inflows over the past 24 hours, outperforming all other exchanges by a wide marginβ€”$471 million more than the exchange with the second-highest net inflows.
🚨 SECURITY UPDATE:

The crypto industry recorded 30 major hacks in July 2026, with total losses reaching $210.3 millionβ€”a 177.2% increase compared to June's $75.87 million in losses, highlighting a sharp rise in security breaches across the sector.
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πŸ‹ BTC UPDATE:

Trump Media has transferred 2,628 BTC (worth approximately $165 million) to Crypto.com. So far this year, the company has moved a total of 7,281 BTC to the exchange, according to on-chain data.
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⚑ UPDATE:

Bitcoin active addresses have surged from approximately 645,000 to nearly 1 million following the Coldcard hack, reflecting a significant spike in on-chain network activity.