🔝 BTC > $118,000

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❕ Whale Alert: 7,844 BTC (~$928,476,787) transferred from unknown wallet to unknown new wallet

🪙 First transaction

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🔥 Shanghai regulator said it held a meeting this week for local government officials to consider strategic responses to stablecoins and digital currencies

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🪙 Arthur Hayes, BitMEX co-founder: “I was slightly bearish in my last essay due to TGA refill. What changed? BTC busted through ATH on good volume, ETH is following and will outperform, get ready for a monster alt szn”.

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🔥 CZ says there will be dips in the future too, and we are still in one now

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🔽 $1,100,000,000 worth of Bitcoin and crypto shorts got liquidated in the past 24 hours

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🪙 The Bhutan government has sent a total of 449.3 BTC (~$50.15M) to Binance over the past 11 days

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🔄 Eric Trump looks back at his Bitcoin prediction

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🪙 Bank of America research report shows Bitcoin as the best-performing currency this year

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🪙 Chinese MicroCloud Hologram buys up to $200M in Bitcoin and crypto-related securities

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💲 As part of a strategic infrastructure review, Tether plans to end USD₮ support for five outdated blockchains

Starting September 1, 2025, Tether will halt USD₮ support on Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand blockchains.

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⚡️ The Binance Alpha ecosystem has formed an official partnership with the TRON ecosystem

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📣 Cynthia Lummis, US Senator, says: “My new crypto tax legislation would put an end to the unfair tax practices and level the playing field for digital assets”.

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⚡️ Democrats launch “Anti-Crypto Corruption Week” to counter Republicans’ “Crypto Week”

Democratic Party to oppose the GENIUS Act, CLARITY Act, and Anti-CBDC bill, warning these measures could enable what they term Trump’s crypto corruption.

🔄 Earlier: The week of July 14th has been declared "Crypto Week".

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📣 BBG: WLFI, backed by the Trump family, launched the USD1 stablecoin, with its core code developed by Binance

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❕ CZ labeled the new Bloomberg article as slander and threatened to sue them

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📣 Bo Hines, Executive Director of Digital Assets, says: “Time to make America the Crypto Capital of the World”.

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⭐️ The most significant Rise & Fall of the top tokens over the past week.

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📰 Just Good to Know: What’s a Fork in Crypto?

A fork is when a blockchain splits — either as an upgrade or a whole new path. It happens when the community changes the network’s core rules (the protocol).

• Soft fork: A backward-compatible update. Everyone stays on the same chain, just with improved features — like a phone OS update.

• Hard fork: A permanent split. The new version follows different rules and becomes a separate blockchain — like Bitcoin → Bitcoin Cash.

Why fork at all?
To fix bugs, boost security, or resolve disagreements about a crypto’s future. Forks are part of how decentralized networks evolve.

Ethereum’s multiple forks — Ethereum Classic, Ethereum 2.0 — are examples of how a blockchain can branch out and keep growing.

Forks = crypto’s way of upgrading, disagreeing, and experimenting — all without asking permission.

🔄 Read more

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🪙 Glassnode: More BTC is being accumulated by long-term holders than is produced by miners

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🔥 Arkham: The Pump Fun ICO sold out in under a minute

$PUMP token sale sold out in 12 minutes.

🔄 Earlier: Announcement.

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