Mark_Magnus

⚡️ On August 2, Arthur Hayes, the former CEO of BitMEX, sold from his wallet over six hours 2,373 ETH ($8.32 million), 7.76 million ENA ($4.62 million), and 38.86 billion PEPE ($414,700).

He explained his actions by the expectation of the passage of a tariff bill in the U.S. in the third quarter, which the market believes is supported by employment data.

Additionally, Hayes suggested that the price of Bitcoin could drop to $100,000, and Ethereum to $3,000.

He still has unrealized assets worth about $30 million in his addresses.

The entrepreneur promised to provide more detailed comments at a conference at the end of August, and in the meantime, he plans to 'return to the beach'.

#CreatorPad

🪙 BTC : The activity of new investors is increasing, indicating a sustained late stage of the bull cycle. Meanwhile, the influence of more experienced market participants remains moderate, leaving potential for continued growth until reaching the classic euphoric zone at 60-70% and above.

🇺🇸 The SEC has approved the possibility of redeeming Bitcoin and Ethereum ETFs in kind — that is, NOT in dollars, but directly in BTC or ETH.

This decision reduces the tax burden and costs for participants, makes the funds' operations more efficient, and confirms that the regulator increasingly perceives the crypto market as mature. Such a mechanism has long been used in ETFs for gold and stocks.

🟠 The company Galaxy Digital has successfully completed the sale of 80,000 BTC for $9.3 billion, belonging to an investor from the 'Satoshi Nakamoto era'.

This transaction was part of the client's legacy planning and became one of the earliest and most significant profit realizations in the cryptocurrency market.

🟠 Why is the four-year cycle no longer relevant?

After the CEO of CryptoQuant, the investment director of Bitwise also noted that the traditional BTC cycle model is losing its significance:

— Halving is becoming less significant each time.
— The macro environment is more favorable now – interest rates are no longer exerting pressure as they did in 2018 and 2022.
— There are fewer risks of a crash due to improvements in the regulatory environment and institutional adoption.
— The new risk lies in the increasing number of companies holding BTC on their balance sheets.

Long-term trends are replacing the four-year cycle:

— Inflows into ETFs are just beginning – this is a trend for the next 5–10 years.
— Institutional investors are actively entering the crypto market.
— Regulatory changes are planned for January 2025.
— Wall Street has actively engaged in the process following the adoption of the GENIUS law.

"I expect not a supercycle, but steady growth."

🇺🇸 The White House plans to release a report on cryptocurrency policy on July 30.

Bo Hines, the executive director of the U.S. President's Council on Digital Assets, stated that the working group has completed the preparation of this document.

#CryptoScamSurge

💸 Payment giant PayPal has officially launched a new platform — PayPal World, which will bring together the largest payment systems and digital wallets in one place.

$BNB

🇺🇸 The SEC has approved the conversion of the Bitwise 10 Crypto Index Fund into an exchange-traded fund (ETF), which will include the following tokens:

— Bitcoin
— Ethereum
— Ripple
— Solana
— Cardano
— Sui
— Chainlink
— Avalanche
— Litecoin
— Polkadot

#CryptoClarityAct

📈 SOL has once again surpassed BNB in market capitalization, taking fifth place in the CoinMarketCap ranking.

$BNB

⚡️ JPMorgan Bank plans to start issuing loans secured by BTC and ETH in 2026.

Currently, details are being clarified, including limits and customer categories.

The possibility of using an external custodian, such as Coinbase and/or Zodia Custody, is being considered for cryptocurrency storage.

#TrumpBitcoinEmpire

🇺🇸 SEC Chairman Paul Atkins noted that the adoption of the GENIUS Act on stablecoins is a significant step forward for cryptocurrencies.

Many investment firms and leaders in the crypto industry have previously expressed the opinion that the implementation of regulation in the field of stablecoins will be a strong stimulus for the development of the crypto industry and crypto markets.

#BTCvsETH

🟠 The dollar continues to lose its purchasing power, while bitcoin shows steady growth.

If this trend continues, in the long term the exchange rate of the dollar to bitcoin may approach zero.

When the dollar weakens, interest in bitcoin and other assets increases. The weaker the dollar, the higher the prices of cryptocurrency and goods.

#StablecoinLaw

💵 The CEO of Tether stated that to date, the company has issued over 160 billion USDT for 500 million users worldwide.

Considering that President Donald Trump is steering the US towards digital assets, we are confident that we can increase our volume tenfold and strengthen the global position of the dollar.

#CryptoMarket4T

🇺🇸 Crypto researcher SMQKE published a corporate document that confirms the use of Ripple technologies by major institutional players.

American Express, Bank of America, Santander, and the Bill and Melinda Gates Foundation are partners of Ripple and use XRP as a bridge currency for exchanging fiat currencies and cross-border payments.

#AltcoinBreakout

😁 Donald Trump continues to criticize the head of the Federal Reserve.

He calls him "perpetually late" and claims that the high interest rate set by the Fed negatively impacts the housing market, making it difficult to purchase real estate, especially for young people.

Trump also notes that President Joe Biden is aware of Jerome Powell's ineffectiveness but still reappointed him.

In his opinion, the Fed's leadership has taken no action to stop this "fool" from causing harm to many people.

He believes that all Fed chairpersons share equal responsibility for the current situation.

Trump emphasizes that the U.S. economy is thriving, inflation remains very low, and the country should set the Fed's interest rate at 1%, which could save trillions of dollars a year.

He expresses confusion about the delayed actions, emphasizing that this is extremely bad for the country.

$SUI

💸 In Arkham, 189 accounts were recorded that invested the maximum amount in the Pumpfun token sale, totaling $1 million.

#MemecoinSentiment

🪙 The ETH Strategy company acquired 6900 ETH.

In the coming weeks, it plans to present its treasury management strategy, protocol design, strategic partnerships, and long-term plans to create the largest ETH reserve.

#BinanceTurns8

🇨🇳 Chinese company collaborates with Animoca Brands to invest 100 million dollars in Bitcoin.

The main goal is to profit from Bitcoin by applying advanced yield strategies from DDC Enterprise.

DDC Enterprise is a public company from Hong Kong that combines the Asian cuisine business with innovative financial approaches.

#USCryptoWeek

🪙 A large investor held 2100 BTC for almost 4 months, after which he transferred 1000 BTC (worth $117.7 million) back to Binance to secure profits.

He bought these coins at $84,861, and now he is selling them at a higher price — already in profit by $68.8 million.

Sometimes all you need to do is just HODL and let the market grow.

#MyStrategyEvolution

🟠 According to Glassnode data, long-term investors are acquiring more bitcoins than those mined by miners.

$BTC