Crypto soothsayer
๐ BTC dips amid whale activity and sell pressure ๐ณ A whale holding 80,000 BTC ($9.5B) this night transferred 18,343 BTC ($2.2B) to OTC platform Galaxy Digital, according to Whale Alert. ๐ At the same time, CryptoQuant reports a spike in BTC deposits on Binanceโฆ
๐ฑ Whale keeps dumping BTC โ $4.7B moved!
A large whale has now transferred a total of 40,009 BTC (~$4.7B) to Galaxy Digital.
๐ฆ Galaxy is slowly offloading, recently sending 6,000 BTC ($706M) to Binance and Bybit, according to Arkham and Lookonchain. ๐ง
๐ The steady flow of BTC to exchanges signals strong sell pressure, raising the risk of further market corrections.
Stay sharp โ whales are active. ๐
A large whale has now transferred a total of 40,009 BTC (~$4.7B) to Galaxy Digital.
๐ฆ Galaxy is slowly offloading, recently sending 6,000 BTC ($706M) to Binance and Bybit, according to Arkham and Lookonchain. ๐ง
๐ The steady flow of BTC to exchanges signals strong sell pressure, raising the risk of further market corrections.
Stay sharp โ whales are active. ๐
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๐ Vanguard hates cryptoโฆ but owns tons of it anyway
Despite calling Bitcoin โspeculative,โ โimmature,โ and โnot for long-term portfolios,โ Vanguard now owns over 20 million shares of Strategy (formerly MicroStrategy) โ the ultimate Bitcoin proxy stock.
๐ Thanks to index investing, Vanguard became one of the largest holders of a company thatโs practically glued to BTC โ even though the firm refuses to offer crypto ETFs or endorse digital assets.
๐ Vanguard: โBitcoin is bad.โ
๐ Also Vanguard: accidentally becomes a top BTC backer via index funds.
Sometimes, passive investing has a very active sense of irony.
Despite calling Bitcoin โspeculative,โ โimmature,โ and โnot for long-term portfolios,โ Vanguard now owns over 20 million shares of Strategy (formerly MicroStrategy) โ the ultimate Bitcoin proxy stock.
๐ Thanks to index investing, Vanguard became one of the largest holders of a company thatโs practically glued to BTC โ even though the firm refuses to offer crypto ETFs or endorse digital assets.
๐ Vanguard: โBitcoin is bad.โ
๐ Also Vanguard: accidentally becomes a top BTC backer via index funds.
Sometimes, passive investing has a very active sense of irony.
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๐ฆ Standard Chartered launches spot BTC & ETH trading for institutions
๐ฐ Standard Chartered has begun offering spot trading for Bitcoin and Ethereum through its UK branch, targeting institutional clients such as corporates, investors, and asset managers.
๐ This makes it the first globally systemically important bank to provide regulated and scalable access to deliverable crypto spot trading.
Clients can now trade BTC and ETH via familiar FX trading interfaces, with non-deliverable forwards to be added soon.
๐ฐ Standard Chartered has begun offering spot trading for Bitcoin and Ethereum through its UK branch, targeting institutional clients such as corporates, investors, and asset managers.
๐ This makes it the first globally systemically important bank to provide regulated and scalable access to deliverable crypto spot trading.
Clients can now trade BTC and ETH via familiar FX trading interfaces, with non-deliverable forwards to be added soon.
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๐ $3.5B in BTC profits realized in 24h โ Glassnode
According to Glassnode, investors locked in $3.5 billion in Bitcoin profits over the last 24 hours amid recent market volatility.๐ข
โช๏ธ Long-term holders took out $1.96B
โช๏ธ Short-term holders realized $1.54B
Profit-taking is ramping up โ a clear sign of market heat and potential caution ahead. ๐ค
According to Glassnode, investors locked in $3.5 billion in Bitcoin profits over the last 24 hours amid recent market volatility.๐ข
โช๏ธ Long-term holders took out $1.96B
โช๏ธ Short-term holders realized $1.54B
Profit-taking is ramping up โ a clear sign of market heat and potential caution ahead. ๐ค
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44,000 BTC sold at a loss due to Bitcoin correction!
In just 24h, panic sellers dumped 44,000 BTC at a loss, fearing a correction โ even though BTC never dropped below $115,700. These coins were all bought at higher prices. ๐คท
๐ Likely the same folks who once said โ$90K is too expensive.โ
๐ BTC has already bounced back to $118,000, leaving sellers with empty bags and full regrets.
Meanwhile, crypto Twitter jokes (or not?) that the real reason for the dip was the infamous degen James Wynn returning, reopening his X account and aping into a 40x long at $117Kโฆ only to get liquidated again.
๐ Letโs hope Wynn doesnโt still have funds to โhelpโ the market further.
In just 24h, panic sellers dumped 44,000 BTC at a loss, fearing a correction โ even though BTC never dropped below $115,700. These coins were all bought at higher prices. ๐คท
๐ Likely the same folks who once said โ$90K is too expensive.โ
๐ BTC has already bounced back to $118,000, leaving sellers with empty bags and full regrets.
Meanwhile, crypto Twitter jokes (or not?) that the real reason for the dip was the infamous degen James Wynn returning, reopening his X account and aping into a 40x long at $117Kโฆ only to get liquidated again.
๐ Letโs hope Wynn doesnโt still have funds to โhelpโ the market further.
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๐ CEX spot volumes dropped 28% in June
In June 2025, total spot trading volume on centralized exchanges fell by 28% compared to May.
Biggest drops:
๐ป MEXC: -43.5%
๐ป KuCoin: -41.7%
๐ป Upbit: -38.5%
Even Binance saw a 22% decline. ๐คท
๐ด June was quiet โ but July is on fire with new BTC ATHs, so expect a major bounce in trading activity.
In June 2025, total spot trading volume on centralized exchanges fell by 28% compared to May.
Biggest drops:
๐ป MEXC: -43.5%
๐ป KuCoin: -41.7%
๐ป Upbit: -38.5%
Even Binance saw a 22% decline. ๐คท
๐ด June was quiet โ but July is on fire with new BTC ATHs, so expect a major bounce in trading activity.
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๐ Ethereum breaks $3,100 โ L2s and ecosystem tokens rally
Ethereum is trading above $3,100, its highest level since January โ and the rest of its ecosystem is lighting up:
๐น Arbitrum (ARB) & Optimism (OP): +10โ11%
๐น Lido (LDO): +10%
๐น Ethereum Name Service (ENS): +18% โ the biggest gainer in the top 100
๐ ENS lets users replace long wallet addresses with readable .eth names โ and it's leading the charge as the ETH ecosystem heats up again.
Ethereum is trading above $3,100, its highest level since January โ and the rest of its ecosystem is lighting up:
๐น Arbitrum (ARB) & Optimism (OP): +10โ11%
๐น Lido (LDO): +10%
๐น Ethereum Name Service (ENS): +18% โ the biggest gainer in the top 100
๐ ENS lets users replace long wallet addresses with readable .eth names โ and it's leading the charge as the ETH ecosystem heats up again.
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๐บ๐ธ US Crypto Bills Blocked โ Round 2 Coming
Three major crypto bills โ GENIUS, CLARITY, and the Anti-CBDC Act โ were rejected in the House despite backing from President Trump. ๐คท
๐งพ GENIUS: stablecoin regulation (100% USD backing)
โ๏ธ CLARITY: divides powers between SEC & CFTC
๐ซ Anti-CBDC: blocks surveillance via digital dollar
๐ 223 voted against, including 13 Republicans; Democrats unanimously opposed, accusing Trump of pushing โa crypto corruption scheme.โ
But Trump says he met with dissenting Republicans that evening โ and theyโve promised to vote YES tomorrow morning.
๐ฅ The crypto battle in Congress is far from over.
Three major crypto bills โ GENIUS, CLARITY, and the Anti-CBDC Act โ were rejected in the House despite backing from President Trump. ๐คท
๐งพ GENIUS: stablecoin regulation (100% USD backing)
โ๏ธ CLARITY: divides powers between SEC & CFTC
๐ซ Anti-CBDC: blocks surveillance via digital dollar
๐ 223 voted against, including 13 Republicans; Democrats unanimously opposed, accusing Trump of pushing โa crypto corruption scheme.โ
But Trump says he met with dissenting Republicans that evening โ and theyโve promised to vote YES tomorrow morning.
๐ฅ The crypto battle in Congress is far from over.
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Crypto soothsayer
44,000 BTC sold at a loss due to Bitcoin correction! In just 24h, panic sellers dumped 44,000 BTC at a loss, fearing a correction โ even though BTC never dropped below $115,700. These coins were all bought at higher prices. ๐คท ๐ Likely the same folks whoโฆ
Brace for impact? ๐ James Wynn is back!
Legendary degen trader James Wynn just opened a 40x long on 206 BTC at $117,466 โ stop at $116,955 ๐ฅด
Every time he enters, Bitcoin mysteriously dips. ๐
So... are we getting another Wynn-induced correction? ๐
Let's just hope he doesnโt double down again ๐ฌ
Legendary degen trader James Wynn just opened a 40x long on 206 BTC at $117,466 โ stop at $116,955 ๐ฅด
Every time he enters, Bitcoin mysteriously dips. ๐
So... are we getting another Wynn-induced correction? ๐
Let's just hope he doesnโt double down again ๐ฌ
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๐ฐ Cantor Fitzgerald plans a $3.5B Bitcoin purchase from Blockstream!
๐ต Investment firm Cantor Fitzgerald, led by Brandon Lutnick (son of U.S. Secretary of Commerce Howard Lutnick), is preparing a massive deal: the purchase of 30,000 BTC from Adam Backโs Blockstream Capital through a SPAC merger with Cantor Equity Partners 1.
๐ In return, Blockstream will receive shares of the newly formed entity โ BSTR Holdings
๐ An additional $800M may be raised for further Bitcoin acquisitions
๐ฆ Cantorโs total crypto holdings in 2025 could reach $10B โ nearly on par with MicroStrategy
This move mirrors Michael Saylorโs strategy โ shifting focus from earnings per share to Bitcoin per share. ๐ง
Institutions are going all-in on BTC! ๐
๐ต Investment firm Cantor Fitzgerald, led by Brandon Lutnick (son of U.S. Secretary of Commerce Howard Lutnick), is preparing a massive deal: the purchase of 30,000 BTC from Adam Backโs Blockstream Capital through a SPAC merger with Cantor Equity Partners 1.
๐ In return, Blockstream will receive shares of the newly formed entity โ BSTR Holdings
๐ An additional $800M may be raised for further Bitcoin acquisitions
๐ฆ Cantorโs total crypto holdings in 2025 could reach $10B โ nearly on par with MicroStrategy
This move mirrors Michael Saylorโs strategy โ shifting focus from earnings per share to Bitcoin per share. ๐ง
Institutions are going all-in on BTC! ๐
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๐ Bitwise: $150K BTC Soon Due to "Supply Shock"
According to Bitwise, Bitcoin could soon hit $150,000 as a result of a growing supply shock.
Institutions and ETFs are buying BTC much faster than miners can produce it. Meanwhile, long-term holders are accumulating and withdrawing coins from exchanges, reducing the available supply even further. ๐
๐ก With demand rising and supply shrinking, the pressure on price is only increasing.
According to Bitwise, Bitcoin could soon hit $150,000 as a result of a growing supply shock.
Institutions and ETFs are buying BTC much faster than miners can produce it. Meanwhile, long-term holders are accumulating and withdrawing coins from exchanges, reducing the available supply even further. ๐
๐ก With demand rising and supply shrinking, the pressure on price is only increasing.
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Crypto soothsayer
๐ฆ Institutions are stacking ETH big time! ๐บ๐ธ U.S. mining firm BitMine just bought $500M worth of Ethereum as part of its new treasury strategy. Meanwhile, SharpLink Gaming keeps accumulating โ now holding 294,000 ETH ($866M), with 74,464 ETH already staked.โฆ
๐ฐ Top 10 Companies Hold $5B in ETH Reserves
Public companies now collectively hold 1.6 million ETH (~$5B) in reserves! ๐ฅ
SharpLink leads the pack with 280,600 ETH, surpassing even the Ethereum Foundation.
๐ Interest in Ethereum has surged after its recent rally above $3,000, sparking aggressive accumulation by corporates.
ETH is quickly becoming a strategic treasury asset.
Public companies now collectively hold 1.6 million ETH (~$5B) in reserves! ๐ฅ
SharpLink leads the pack with 280,600 ETH, surpassing even the Ethereum Foundation.
๐ Interest in Ethereum has surged after its recent rally above $3,000, sparking aggressive accumulation by corporates.
ETH is quickly becoming a strategic treasury asset.
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โ ๏ธ Quantum Threat to Bitcoin? Community Considers Freezing Satoshiโs Coins! ๐
A new Bitcoin Improvement Proposal by Jameson Lopp and others suggests phasing out quantum-vulnerable addresses, which currently hold ~25% of all BTC, including Satoshiโs legendary stash. ๐ฐ
๐ง The fear: Advancing quantum computers could crack old wallets and trigger a mass sell-off.
๐ The fix:
โช๏ธDisallow sending to weak addresses
โช๏ธPrevent old BTC from being spent (within 5 years)
โช๏ธ Optional: A future BIP to safely recover frozen coins
๐ฅ It's an unprecedented move against an unprecedented threat โ and it may change Bitcoin forever.
A new Bitcoin Improvement Proposal by Jameson Lopp and others suggests phasing out quantum-vulnerable addresses, which currently hold ~25% of all BTC, including Satoshiโs legendary stash. ๐ฐ
๐ง The fear: Advancing quantum computers could crack old wallets and trigger a mass sell-off.
๐ The fix:
โช๏ธDisallow sending to weak addresses
โช๏ธPrevent old BTC from being spent (within 5 years)
โช๏ธ Optional: A future BIP to safely recover frozen coins
๐ฅ It's an unprecedented move against an unprecedented threat โ and it may change Bitcoin forever.
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๐ Ethereum Season Kicks Off? ETH Eyes $10K ๐
Ethereum is flexing alpha vibes again โ trading above $3,400, with many crypto traders now expecting $10K ETH in the next 100 days. ๐ฅ
๐ง Arthur Hayes agrees โ calling this the start of a new DeFi and NFT turbo cycle. To mark the moment, he changed his X profile pic to a bearded CryptoPunk, which was instantly bought for 46.69 ETH ($146K).
๐ The punk had been held for 4 years before suddenly changing hands three times since July 14.
Ethereum energy is heating up โ and the marketโs watching closely. ๐ช
Ethereum is flexing alpha vibes again โ trading above $3,400, with many crypto traders now expecting $10K ETH in the next 100 days. ๐ฅ
๐ง Arthur Hayes agrees โ calling this the start of a new DeFi and NFT turbo cycle. To mark the moment, he changed his X profile pic to a bearded CryptoPunk, which was instantly bought for 46.69 ETH ($146K).
๐ The punk had been held for 4 years before suddenly changing hands three times since July 14.
Ethereum energy is heating up โ and the marketโs watching closely. ๐ช
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๐ Tether Hits 450M Users and $160B Market Cap
Tether's growth since 2020 is staggering:
๐น Users: Up 160x โ from 2.8M to 450M
๐น Market Cap: Soared 34x โ from $4.7B to $160B
๐น Monthly On-Chain Volume: Jumped 74x โ from $14.8B to $1.1T
USDT just hit an all-time high $160B market cap, cementing its dominance as the worldโs leading stablecoin. ๐ต
Tether's growth since 2020 is staggering:
๐น Users: Up 160x โ from 2.8M to 450M
๐น Market Cap: Soared 34x โ from $4.7B to $160B
๐น Monthly On-Chain Volume: Jumped 74x โ from $14.8B to $1.1T
USDT just hit an all-time high $160B market cap, cementing its dominance as the worldโs leading stablecoin. ๐ต
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Crypto soothsayer
๐บ๐ธ๐ฎ Donald Trump is working on a Monopoly-style crypto video game focused on real estate, developed by longtime associate Bill Zanker. Players will build digital cities and earn in-game cashโpossibly powered by blockchain tech. ๐๐ธ This adds to Trumpโs growingโฆ
๐น $TRUMP memecoin may be entering the gaming arena!
A newly registered domain โ trumpthegame.gettrumpmemes.com โ was discovered online, sparking speculation that the team is preparing to launch a Trump-themed crypto game ๐
No official confirmation yet, but the move could mark a new chapter for the project amid growing memecoin + gaming trends. ๐ฎ
A newly registered domain โ trumpthegame.gettrumpmemes.com โ was discovered online, sparking speculation that the team is preparing to launch a Trump-themed crypto game ๐
No official confirmation yet, but the move could mark a new chapter for the project amid growing memecoin + gaming trends. ๐ฎ
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๐ง๐ฌ Bulgaria once held 213,500 BTC seized in 2017 โ but sold them in 2018.
Today, that stash would be worth over $13 billion, enough to cover 79% of the countryโs national debt, according to Bitcoin News.
One of the biggest missed opportunities by a government in crypto history ๐คท
Today, that stash would be worth over $13 billion, enough to cover 79% of the countryโs national debt, according to Bitcoin News.
One of the biggest missed opportunities by a government in crypto history ๐คท
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๐ Coinbase just launched Base App โ a next-gen superapp replacing Coinbase Wallet.
Now itโs not just a wallet, but a full-blown onchain platform with:
โช๏ธFarcaster-powered social networking
โช๏ธTokenized posts via Zora
โช๏ธMini-apps: games, marketplaces, prediction tools
โช๏ธInstant USDC payments via NFC
โช๏ธEncrypted XMTP chat with AI & translation
โช๏ธReal-time friend feed + in-feed swaps
๐ณ Also introduced Base Pay โ instant USDC payments with 1% cashback.
Coinbase is going all-in on the onchain future.
Now itโs not just a wallet, but a full-blown onchain platform with:
โช๏ธFarcaster-powered social networking
โช๏ธTokenized posts via Zora
โช๏ธMini-apps: games, marketplaces, prediction tools
โช๏ธInstant USDC payments via NFC
โช๏ธEncrypted XMTP chat with AI & translation
โช๏ธReal-time friend feed + in-feed swaps
๐ณ Also introduced Base Pay โ instant USDC payments with 1% cashback.
Coinbase is going all-in on the onchain future.
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๐ DEX Volume Surges in Q2 2025
๐ In Q2, decentralized exchanges (DEXs) hit a whopping $876.3B in spot trading volume. The DEX-to-CEX volume ratio jumped from 0.13 to 0.23, showing rising interest in onchain trading.
๐ฅ PancakeSwap dominated the space with 45% market share, solidifying its lead among DEX platforms.
๐ In Q2, decentralized exchanges (DEXs) hit a whopping $876.3B in spot trading volume. The DEX-to-CEX volume ratio jumped from 0.13 to 0.23, showing rising interest in onchain trading.
๐ฅ PancakeSwap dominated the space with 45% market share, solidifying its lead among DEX platforms.
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๐ ETH to $7Kโ$8K in 2025?
If Ethereum mirrors BTCโs 2020 pattern, we could see ETH hit $7,000โ$8,000 this year, analysts say.
๐น Staking ATH: 35.7M ETH ($107B) locked โ removed from circulation.
๐น BlackRock Effect: Bought $499M ETH yesterday โ a new daily record. Total holdings: $6.9B.
๐น Retail hype: Google searches for Ethereum just hit the highest level since Dec 2024.
Bullish signals stacking up fast. ๐
If Ethereum mirrors BTCโs 2020 pattern, we could see ETH hit $7,000โ$8,000 this year, analysts say.
๐น Staking ATH: 35.7M ETH ($107B) locked โ removed from circulation.
๐น BlackRock Effect: Bought $499M ETH yesterday โ a new daily record. Total holdings: $6.9B.
๐น Retail hype: Google searches for Ethereum just hit the highest level since Dec 2024.
Bullish signals stacking up fast. ๐
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๐ Satoshi-Era Whale Moves 80K BTC ($9.5B)
A legendary Bitcoin whaleโpossibly Adam Back, British cryptographer and creator of Hashcashโhas fully offloaded 80,202 BTC (โ$9.54B) to Galaxy Digital over the last 3 days. These coins had been dormant for 14+ years, acquired when BTC traded at just $0.78โ$3.37.
๐ต๏ธโโ๏ธ HBO speculates that Back and Peter Todd could represent the โcollectiveโ identity of Satoshi Nakamoto.
๐ฆ Final transfer: 40,192 BTC to Galaxy.
๐ฐ Avg. price: ~$118,950 per BTC.
๐ Despite the scale, BTC price remains stable at ~$118,000.
A legendary Bitcoin whaleโpossibly Adam Back, British cryptographer and creator of Hashcashโhas fully offloaded 80,202 BTC (โ$9.54B) to Galaxy Digital over the last 3 days. These coins had been dormant for 14+ years, acquired when BTC traded at just $0.78โ$3.37.
๐ต๏ธโโ๏ธ HBO speculates that Back and Peter Todd could represent the โcollectiveโ identity of Satoshi Nakamoto.
๐ฆ Final transfer: 40,192 BTC to Galaxy.
๐ฐ Avg. price: ~$118,950 per BTC.
๐ Despite the scale, BTC price remains stable at ~$118,000.
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