Syed_Traders_20
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🚨Breaking News🚨
1. Bitcoin Reaches All-Time High:
Bitcoin climbed above $123,000, driven by institutional inflows, pro-crypto momentum in U.S. policy, and the beginning of "Crypto Week" in Congress.
• It went up noticeably over 3% in a single day and is ~27–30% higher year-to-date.
2. U.S. Congress Begins "Crypto Week":
• The House initiates discussion of several milestone bills: GENIUS Act (regulation of stablecoins), CLARITY Act (clarifies regulatory treatment of cryptos), and Anti‑CBDC Act.
• Experts note these legislative actions may accelerate institutional capital inflows.
3. Policy, Politics & Presidential Alignment:
• Previous President Trump, who has been called the "crypto president," is supporting these bills and a White House-supported Bitcoin reserve backing the sector in this week of congressional attention.
4. Corporate Crypto Flows & Market Ripple Effects:
• MicroStrategy acquired ~4,225 BTC recently (601,550 BTC total), causing its share to rise ~3.7%.
• Other cryptocurrency stocks (Robinhood, Coinbase) also rose ~1–2.5% on hopes of positive Fed policy and crypto regulation.
5. Crypto Scams Continue Globally:
• Delhi High Court denied bail to a Pluto Exchange scam accused due to large-scale investor loss and economic damage.
• Another Indian fraud: a ₹1.5 crore scam via a pseudocrypto wallet in Kolkata has resulted in arrests.
6. Market Volatility: Pullbacks & Transfers:
• At morning IST on July 15, Bitcoin corrected by a little to about $118,000 (↓ ~1% day), whereas Ethereum was around $2,993.
• One whale moved $537 million) to Galaxy Digital, showing large-scale activity continued.
Bitcoin climbed above $123,000, driven by institutional inflows, pro-crypto momentum in U.S. policy, and the beginning of "Crypto Week" in Congress.
• It went up noticeably over 3% in a single day and is ~27–30% higher year-to-date.
2. U.S. Congress Begins "Crypto Week":
• The House initiates discussion of several milestone bills: GENIUS Act (regulation of stablecoins), CLARITY Act (clarifies regulatory treatment of cryptos), and Anti‑CBDC Act.
• Experts note these legislative actions may accelerate institutional capital inflows.
3. Policy, Politics & Presidential Alignment:
• Previous President Trump, who has been called the "crypto president," is supporting these bills and a White House-supported Bitcoin reserve backing the sector in this week of congressional attention.
4. Corporate Crypto Flows & Market Ripple Effects:
• MicroStrategy acquired ~4,225 BTC recently (601,550 BTC total), causing its share to rise ~3.7%.
• Other cryptocurrency stocks (Robinhood, Coinbase) also rose ~1–2.5% on hopes of positive Fed policy and crypto regulation.
5. Crypto Scams Continue Globally:
• Delhi High Court denied bail to a Pluto Exchange scam accused due to large-scale investor loss and economic damage.
• Another Indian fraud: a ₹1.5 crore scam via a pseudocrypto wallet in Kolkata has resulted in arrests.
6. Market Volatility: Pullbacks & Transfers:
• At morning IST on July 15, Bitcoin corrected by a little to about $118,000 (↓ ~1% day), whereas Ethereum was around $2,993.
• One whale moved $537 million) to Galaxy Digital, showing large-scale activity continued.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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