Bitcoin recovered modestly by 0.7% to ~$114.5K following a dip to $112K, driven by concerns over U.S. tariffs and soft jobs data. Ether gained 2.6%, XRP rose 5%, Dogecoin +3.3%, and Solana +1.1%, although most major assets remain down over the past week.

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2. 🧠 Ethereum Rally Continues: 20-Day ETF Inflow Streak Tops $5.4B

Ethereum ETFs have recorded $5.4 billion in net inflows over the past 20 trading days. More than 200 new mega‑whale addresses (holding >10,000 ETH) have emerged, while institutional buyers continue increasing exposure via OTC deals.

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3. 💼 Indonesia Raises Taxes on Crypto Trades Starting August 1

Crypto tax rules in Indonesia have tightened. Domestic trades are now taxed at 0.21% (up from 0.10%), while trades on foreign platforms incur a 1% fee. Mining taxes are also adjusted. The changes come as token regulation accelerates.

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4. 🌐 Hong Kong Fintech Firms Raise $1.5B to Expand Crypto Services

At least 10 fintechs listed in Hong Kong raised a combined $1.5 billion in July to fund crypto expansion, focusing on stablecoins, blockchain payments, and tokenization—right as the city rolls out new stablecoin licensing.

 

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