Da Vang UnderGround

A promising new face in the crypto world has just achieved a notable milestone. The Bitcoin Hyper (BTCH) project has quickly attracted investors' attention and raised over $2.1 million during its early sale (presale).
So what makes Bitcoin Hyper attractive?
* Power combination: Bitcoin Hyper is built with the ambition to combine the superior security of Bitcoin with advanced smart contract execution capabilities.

A notable trend is occurring: major cryptocurrency exchanges around the world are gradually shifting their focus, choosing the U.S. as a strategic destination. This marks a significant change from the previously very strict legal context in this country.
Why is there this shift?
* Open door policy: The change in the current U.S. government's policy is considered a key factor. The support of politicians for cryptocurrencies has created a potential and friendlier legal environment, attracting businesses.

A powerful message has been conveyed by Mr. Trương Gia Bình, Chairman of FPT, at the GM Vietnam 2025 event currently taking place in Hanoi. This is a strong affirmation of Vietnam's enormous potential in the blockchain and digital asset sector.
* "What is the golden opportunity?" Mr. Bình asserted that blockchain is not just technology, but an opportunity to build a "virtual universe for the economy" (metaverse for the economy), creating a generation of young entrepreneurs who can break through and be confident on the international stage.

GM Vietnam 2025 event, one of the largest Blockchain, digital asset, and investment technology conferences in Asia, will take place in Hanoi. This is a great opportunity for the Vietnamese crypto community to connect, learn, and grow.
🗓 Time: 1 - 2/8/2025
📍 Venue: National Convention Center Hanoi
👥 Scale: Over 20,000 attendees, more than 200 leading speakers, and 1,000+ founders, investment funds, and experts.

1. Current price situation: $ETH has not surpassed the resistance level of $4,000
Since the end of December 2024, ETH has remained below the $4,000 level — a significant technical barrier that has made investors cautious. Although buyers still hope the price will exceed the $4,500 range, the $4,500 level was the peak in March 2024 and the 2020–2021 cycle. The derivative capital is strongly shifting towards ETH, and the volume of perpetual futures contracts for ETH has exceeded BTC for the first time since 2022. This proves that ETH is the focal point attracting derivative capital.

1. Bitcoin (BTC)
Bitcoin continues to stabilize around the $120,000 mark, showing strong buying pressure from bulls but still lacking a clear breakout. The 20-day MA is sloping upward (~$118,300) and the positive RSI reinforces the upward signal. If successfully surpassing $120,000, BTC could rise to the $123,200 – $135,000 range.
However, historical data indicates that August is often a period of weakness with an average return of only 2.6% over the past 13 years. At the same time, news related to FOMC minutes and the Fed's interest rate decisions could guide the market in the coming period.

Bitcoin has just dropped to the mark of 117,900 USD, indicating the cautious sentiment of the market ahead of the Federal Reserve's interest rate decision and concerns about tariff policies from former President Donald Trump.
Despite the US-EU trade agreement, many major economies still face high tariffs, putting pressure on speculative assets like cryptocurrencies.
Meanwhile, MicroStrategy continues to show strong confidence in Bitcoin by raising 2.5 billion USD to purchase an additional 21,021 BTC, bringing the total holdings to 628,791 BTC. Major altcoins like Ether, XRP, Solana, Cardano, and Dogecoin also slightly decreased in line with Bitcoin's trend.

MEXC marks a new turning point: redefining the concept of launchpad with the 'dual-pronged reset' model
📜 The Journey from ICO to IEO
ICO (2017): Opened investment to everyone; anyone with ETH and a wallet could buy tokens. However, the lack of oversight led to many exaggerated scams and a decline in trust.
IEO (2019): Tokens vetted before sale, reputation enhanced. But it came with barriers: whales, high staking requirements, drip allocations, and a lottery system that made it difficult for retail users to participate.

Famous crypto investor Murad Mahmudov is "making waves" after announcing enormous profits from memecoin! He has turned an initial investment of 1.86 million USD into over 70 million USD in memecoin, with unrealized profits amounting to 68.3 million USD according to DropsTab! 🤯
Notably, Mahmudov's "trump card" SPX6900 has increased by more than 10,500% just in the past year, contributing over 66 million USD to total profits.
However, the "memecoin supercycle" that Mahmudov proposed (believing that memecoins outperform Bitcoin/Ether due to community culture) has also faced controversy. Investigator ZachXBT accused him of manipulating the supply of some memecoins and that selling a large amount of SPX could heavily impact the price.

The cryptocurrency market is turning all its attention to XRP as this coin has just experienced a significant drop in open interest. Is this a sign of an impending "crash", or just a necessary adjustment after a period of hot growth?
After reaching a peak of $3.66 on July 18, the price of XRP suddenly dropped sharply by 15%, resulting in an "evaporation" of $2.4 billion in the total value of open contracts for XRP futures. Although this figure is significant, the total value of open contracts remains high, indicating that traders are still holding substantial leveraged positions. This raises concerns about the potential for a chain liquidation wave, which could push the price of XRP below the $2.60 mark.

SEC Approves Redemption and Creation of Physical Tokens for Crypto ETPs
The cryptocurrency market just got some big news from the U.S. Securities and Exchange Commission (SEC). On July 29, 2025, the SEC announced its approval of orders allowing the “in-kind” creation and redemption of crypto-asset exchange-traded products (ETPs). This decision marks a significant change from previous approvals, which were limited to the “in-cash” creation and redemption of spot Bitcoin and Ether ETPs.

Trump Tariff 2.0: The Coming Storm and Unpredictable Developments for Financial and Crypto Markets
July 18, 2025
As the door to August approaches, a new wave of instability is brewing on the international stage as President Donald Trump resolutely pursues ambitious tariff policies. This move not only strains relations with the European Union (EU) but also poses risks of reshaping global capital flows and the financial landscape for both traditional and cryptocurrency markets.

Cryptocurrency on the legal threshold: Important changes in the U.S. Congress
The cryptocurrency market, known for its volatility and lack of regulation, is facing a historic turning point in the United States. The House of Representatives has just passed three important bills, promising to reshape the legal landscape for this trillion-dollar industry. For the financial and economic sectors, these are signals that cannot be ignored.

The cryptocurrency market is thriving thanks to Bitcoin reaching an all-time high and supportive policies from the U.S. Below are three potential altcoins for this weekend, according to analysis from BeInCrypto:
1. Lido DAO ($LDO ): LDO price increased by 22% to $1.13 after BitGo announced support for ETH staking through the Lido protocol. If it breaks the resistance at $1.18, LDO could hit $1.34, a four-month high. However, if it fails to break through, the price could drop to $1.07 or lower.

Can you believe it? The U.S. House just passed a groundbreaking bipartisan bill paving the way for the future of the cryptocurrency industry! 🤯
This is seen as a major victory, overcoming previous challenges and getting closer to establishing a clear legal framework for digital assets in the U.S.
So, what does this mean? 🤔
Legal clarity: This bill could provide more transparency and certainty for businesses and investors in the cryptocurrency space.