#binance #Write2Earn #news
✅ Today’s good news for Bitcoin (as of August 2 2025)
🏛️ U.S. regulatory support strengthens
• The SEC, under its new chair Paul Atkins, unveiled “Project Crypto”, signaling a significant regulatory shift toward embracing digital assets. The initiative aims to clarify token classifications, allow both securities and non‑securities to trade on regulated platforms, and simplify crypto offerings—all fueling greater confidence and adoption in the market.
 
💼 Institutional demand remains robust
• Syz Capital will reopen its BTC Alpha fund in October, targeting 2,000 BTC (over $200 million), with strong backing from family offices, corporate treasuries, and crypto foundations. They’ve already secured nearly 1,800 BTC in commitments.
🌏 Government-level adoption
• In Pakistan, the newly formed Pakistan Crypto Council has rolled out the country’s first strategic Bitcoin reserve, allocated state power for mining and AI/data centers, and appointed leading experts—including Changpeng “CZ” Zhao—as advisers. These developments mark a major country-level endorsement of Bitcoin 🏛️.
📉 What’s happening in the market — and why it could still be an opportunity
• Bitcoin is trading around ~$114k, down ~1.4% in the past 24 hours, amid broader crypto liquidations totaling nearly $1B triggered by U.S. tariff uncertainty and weak job data.

• Analysts suggest BTC is entering a healthy correction phase, with $110k–$112k identified as a potential accumulation zone ahead of the next rally.

• Despite ETF outflows (around $812 million withdrawn from Bitcoin funds), regulatory moves like in-kind redemption approvals and Project Crypto mark what experts called “perhaps the most important week ever” for crypto.