Here’s today’s quick and simple crypto news for 📅 July 31, 2025:
Bitcoin is hovering around $118K after the U.S. Federal Reserve kept interest rates steady. ETH is trading above $3,800 and rebounded strongly today.
SEC rule update: Spot Bitcoin and Ethereum ETFs can now be redeemed “in-kind,” boosting liquidity. ETH ETF inflows have continued for over 18 straight days, showing strong institutional interest.
Big CoinDCX hack: A $44 million crypto theft in Bengaluru is under investigation. Officials suspect North Korean hackers and are probing a local tech expert.
Crypto banking: UAE’s RAKBANK is now the first regular bank in the Emirates offering crypto trading to its retail clients, under local regulations.
JPMorgan + Coinbase: Starting in fall 2025, Chase credit card users can buy crypto on Coinbase and convert reward points into stablecoins like USDC.
Crypto scams rising fast: AI-powered scams are up 456%, especially in cities like New York. Globally, over $10.7 billion was lost to crypto fraud in 2024. #FOMCMeeting
"The Trap Before the Pump 📉➡️📈" 📉 $BTC and $ETH are pulling back — and that’s completely normal. But here’s what usually happens next… 😨 Retail investors start to panic. They think: “That was the top!” 📤 They rush to sell. Then suddenly… 📈 The market rebounds sharply. 😵💫 They feel FOMO. 💸 They buy back in — but at much higher prices. This emotional cycle of 🔻 Sell Low 🔺 Buy High …is what fuels the final parabolic surge. 💥 Market tops aren't formed by fundamentals — they're created by emotional chaos. The top won’t feel risky. 🔥 It’ll feel invincible. And that… 💔 Is exactly when it crashes. ETHUSDT Perp: ETH 3,797.04 +0.17% BTCUSDT Perp: BTC 117,881.14 -0.64% #ETHCorporateReserves #ETHReclaims3800 $
e Rise of Decentralized Finance (DeFi): Redefining the Future of Money”
Decentralized Finance (DeFi) is revolutionizing traditional banking by offering open, permissionless, and borderless financial services on blockchain networks. From lending and borrowing to earning interest and trading assets — all without intermediaries — DeFi is empowering individuals worldwide to take control of their finances. It’s not just a trend; it’s the foundation of a new, transparent, and inclusive financial system.#BNBATH
"Crypto is amazing! 🚀💰 It's revolutionizing the way we think about money and financial freedom. With its decentralized nature and limitless potential, crypto is empowering people worldwide. 💥 Whether you're a seasoned investor or just starting out, the crypto space offers endless opportunities for growth and innovation. 🌟 What's your favorite crypto story or experience? Share with us! 💬 #Crypto #Amazing #FinancialFreedom" #BNBATH
- *Market Trends*: Keep an eye on Bitcoin's price movement, as it continues to influence the overall crypto market. Recent news shows Bitcoin's price surging past $117,000, with some analysts predicting further growth. - *Regulatory Updates*: The US Department of Justice is considering charges against Dragonfly VC for its investment in Tornado Cash, which could have significant implications for the crypto industry. - *Altcoin Movements*: Some altcoins like SUI, Pi Coin, and Ethena (ENA) have shown recent price movements. SUI is experiencing potential liquidations, while Ethena has pumped 20% on a dull day. - *Institutional Investment*: Companies like Bit Digital and Metaplanet are making significant investments in Bitcoin and Ethereum, indicating growing institutional interest in crypto. - *Crypto Adoption*: El Salvador's Bitcoin reserve has sparked debate, with some questioning its benefits for average citizens. Meanwhile, countries like Nigeria are opening up to stablecoin firms under regulatory oversight. Some specific news stories to watch out for : - *Nigeria's Crypto Regulation*: Nigeria's SEC Director-General has expressed support for stablecoin firms, marking a shift towards more supportive crypto policies. - *XRP and RLUSD*: Ripple's RLUSD stablecoin is gaining traction among retail users, despite initial suggestions it might be limited to institutional use. - *Crypto Hacks*: The crypto industry has seen significant hacks, with over $3.1 billion lost in 2025 due to access-control exploits.
New crypto scam Prevention 1. *Verify sources*: Always verify the authenticity of websites, emails, and messages before interacting with them. 2. *Use strong passwords*: Create unique, complex passwords for all accounts, and consider using a password manager. 3. *Enable MFA*: Add an extra layer of security to your accounts with multi-factor authentication. Investment Caution 1. *Research thoroughly*: Before investing in any crypto project, research the team, technology, and community. 2. *Be cautious of unrealistic returns*: If an investment opportunity seems too good to be true, it probably is. 3. *Diversify your portfolio*: Spread your investments across different assets to minimize risk.
Security Measures 1. *Use hardware wallets*: Store your assets in cold wallets to prevent online theft. 2. *Keep software up-to-date*: Regularly update your operating system, browser, and crypto software to ensure you have the latest security patches. 3. *Use antivirus software*: Install reputable antivirus software to protect against malware.
Awareness 1. *Stay informed*: Stay up-to-date with the latest crypto news and security threats. 2. *Be aware of phishing scams*: Be cautious of emails, messages, and websites that attempt to steal your sensitive information. 3. *Report suspicious activity*: If you suspect a scam or hack, report it to the relevant authorities immediately.
New crypto scam Prevention 1. *Verify sources*: Always verify the authenticity of websites, emails, and messages before interacting with them. 2. *Use strong passwords*: Create unique, complex passwords for all accounts, and consider using a password manager. 3. *Enable MFA*: Add an extra layer of security to your accounts with multi-factor authentication. Investment Caution 1. *Research thoroughly*: Before investing in any crypto project, research the team, technology, and community. 2. *Be cautious of unrealistic returns*: If an investment opportunity seems too good to be true, it probably is. 3. *Diversify your portfolio*: Spread your investments across different assets to minimize risk.
Security Measures 1. *Use hardware wallets*: Store your assets in cold wallets to prevent online theft. 2. *Keep software up-to-date*: Regularly update your operating system, browser, and crypto software to ensure you have the latest security patches. 3. *Use antivirus software*: Install reputable antivirus software to protect against malware.
Awareness 1. *Stay informed*: Stay up-to-date with the latest crypto news and security threats. 2. *Be aware of phishing scams*: Be cautious of emails, messages, and websites that attempt to steal your sensitive information. 3. *Report suspicious activity*: If you suspect a scam or hack, report it to the relevant authorities immediately.