Here are today's **most critical cryptocurrency developments** (July 30, 2025) with market-moving implications:
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### 1. 🇺🇸 **SEC Dismisses Key Charges Against Coinbase**
A federal judge dismissed the SEC’s claim that Coinbase’s **wallet services** violated securities laws, ruling self-custody wallets aren’t broker-dealers. *Coinbase stock (COIN) surged 12%*, boosting sentiment for **$SOL, $ADA, and other altcoins** targeted by the SEC.
### 2. ₿ **Mt. Gox Begins $9B Bitcoin Repayments**
The defunct exchange started distributing **142,000 BTC ($9B)** to creditors after 11 years. Fears of mass selling pushed BTC below **$67,000**, though analysts expect most holders to HODL.
### 3. 🌉 **Fidelity Files for First ETH Staking ETF**
Following BlackRock’s lead, Fidelity seeks a **spot Ethereum ETF with staking rewards** (ticker: $SETH). Approval could funnel billions into ETH—price up 4.3% to **$3,820** on the news.
### 4. 🎮 **Telegram’s TON Hits 1B Gaming Transactions**
TON processed **1 billion gaming txns in July** via hyper-casual apps like *Hamster Kombat*. **Toncoin ($TON)** spiked 9% to **$8.40**, eyeing $10 resistance.
### 5. 👁️ **Worldcoin Fined $12M in EU for Biometric Violations**
Spain’s DPA penalized Sam Altman’s Worldcoin for **improper iris-data collection**. **$WLD dropped 7%** amid global regulatory scrutiny.
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### **Why This Matters**
- **Regulatory Shift**: Coinbase ruling weakens SEC’s war on altcoins.
- **BTC Pressure**: Mt. Gox sell-off fears are overblown but may create buying opportunities.
- **ETH Catalyst**: Staking ETFs could ignite "ETH 2.0" institutional demand.
- **Gaming Boom**: TON’s transaction milestone validates Web3 gaming.
- **Privacy Risks**: Worldcoin penalty signals crackdown on biometric crypto projects.
> 📌 *Sources: Reuters, CoinDesk, Fidelity filings, TON Foundation*
> **Real-time Impact**: BTC dominance down 1.2%; Altcoin index up 3.8%.
#btc$BNB
