Veritas_H

🔥🔥🔥 Crypto Market Flash Update: Wednesday, July 23rd

A quick rundown of today's top highlights from the digital asset market:

📊 KEY MARKET & MACRO TRENDS

+ $BTC has recovered to $119K, with altcoins also seeing a slight rebound. Notably, $BNB hit a new peak at $800.

+ President Trump announced new tariffs: 19% for the Philippines/Indonesia and 15% for Japan. The US and China are set for their third round of trade negotiations next week.

📈 ETF FLOWS & REGULATIONS

+Spot ETF (July 22nd Session):

+$BTC ETF saw negative flows of -$68M (Bitwise had the largest outflow).

+$ETH ETF, conversely, recorded a record positive inflow of +$534.7M (BlackRock led with +$427.1M), marking its 13th consecutive positive session.

+SOL ETF also saw positive inflows of +$12.6M.

+The SEC fast-tracked the proposal to list Bitwise's TOP10 Crypto ETF on NYSE Arca.

+Citadel Securities urged the SEC to enhance oversight of tokenized stocks.

+South Korea tightened regulations, requiring ETFs to limit investments in crypto-related stocks and continuing to ban financial institutions from direct crypto trading.

+The DOJ seized $2M in crypto linked to a company accused of terror financing.

🌐 NOTABLE PROJECT & CORPORATE NEWS

+$TON surged 10% after Telegram integrated its wallet for U.S. users (price has since corrected).

+The WLFI project (linked to Donald Trump) continued to accumulate over 10,000 $ETH (~$36M) in the past 6 days.

+Skycorp Solar (a U.S.-listed solar energy company) will accept crypto payments and plans to invest in Ethereum.

+BitMine received $182M from ARK Invest to buy more $ETH, aiming to own 5% of Ethereum's total supply.
#CryptoNewss #MarketUpdate #bitcoin #bnb $SOL
$BNB

🚀 ETH Whales Keep Accumulating: SharpLink Gaming Adds 80K $ETH Last Week!
From July 14 to 20, SharpLink Gaming – one of the largest ETH wallets – made headlines by spending $258 million USD to acquire an additional 79,949 $ETH , at an average price of $3,238 USD per $ETH .

Amazingly, in just one week, the company's ETH reserves surged by 29%, reaching a total of 360,807 ETH valued at approximately $1.33 billion USD. This marks their largest ETH purchase to date!

And the story doesn't end there: SharpLink still has $96.6 million USD in unallocated cash from a recent stock offering, indicating they're ready to scoop up even more ETH in the near future.

Furthermore, SharpLink's total staked $ETH rewards have already reached 567 ETH since they began staking.

This move by the "whale" SharpLink clearly shows strong conviction in Ethereum's potential. Could this be a signal for an upcoming breakout rally?
#Onchain #CryptoWhale #MarketAnalysis
$ETH

Amidst a Heating Market⚠️

SpaceX's Bitcoin wallet (Elon Musk's company) just made a notable move after three years of "silence."

Specifically, at 12 PM local time today, the Bitcoin wallet tagged as SpaceX executed a large on-chain transaction: transferring 1,308 $BTC (approximately $153 million USD) to an unidentified wallet with the address
bc1q8...
Currently, SpaceX still holds 6,977 $BTC , valued at an estimated $815 million USD. The company's last activity with this Bitcoin wallet was on June 10, 2022, when they transferred 3,505 $BTC (worth $102 million USD at that time) to the Coinbase exchange.

This move comes as the market is "heating up." Is there a hidden meaning behind it?#ElonMusk. #SpaceX #bitcoin #Onchain #CryptoNewss
$BTC

ETH continues its strong growth, outperforming BTC. The question is whether this trend will persist into the next week.

Will capital continue to pour into ETH, or will we start to see a shift towards other top altcoins?

Everything feels quite ambiguous. If the market simply repeated its 4-year cycle, then everything would be too predictable. But in reality, this game is in the hands of "whales," major exchanges, and even massive investment funds#MarketAnalysis #BTCvsETH
$BTC
$ETH