Bitcoin Steadies At $118,000 As Ethereum, XRP, Dogecoin Push Higher🕯

Bitcoin and Ethereum saw a rise in large transactions (up 7.2% and 4.2%, respectively) and daily active addresses (up 0.4% and 25.8%). In the past 24 hours, 136,384 traders were liquidated, totaling \$423.35 million. Spot Bitcoin ETFs recorded \$47.04 million in net inflows, while Ethereum ETFs saw \$5.8 million.

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🇺🇸 SEC Crypto ETF Ruling Seen as “Plumbing Fix,” Not Retail Shakeup

The SEC’s approval of in-kind redemptions for Bitcoin and Ethereum ETFs is being hailed by analysts as a structural upgrade—not a transformative change for retail investors. The move allows institutional managers to exchange actual crypto tokens for ETF shares rather than relying on cash, cutting costs and improving efficiency. Despite the backend improvements, experts say everyday investors won’t feel a major impact, and the change paves the way for broader alignment between crypto and traditional investment products.

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US Lawmakers Visit Argentina to Study Crypto Amid Inflation Crisis

A US congressional delegation led by Rep. French Hill visited Argentina to examine how locals are using crypto—especially Bitcoin and stablecoins—as tools for inflation hedging, remittances, and daily transactions. Meeting with President Javier Milei and local fintech firms, the lawmakers reviewed Argentina’s regulatory and tax frameworks to gather insights that could guide US crypto policy development.

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Meme Coin Market Watch: New Coin WLFI Launches on Solana, OG Sees Short-Term Market Cap Surge, Base Chain Veteran Token BNKR Shows Active Trading

According to GMGN data, the top five tokens in the "Next Blue Chip" sector on the Solana chain in the past 6 hours were WLFI, PUMP, OG, MarsMi, and URANUS. WLFI and OG are new meme tokens that have been listed for less than 10 hours, with fewer than a thousand holders, posing a significant risk.

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Indonesia's Cryptocurrency Annual Tax Revenue Reaches $364 Million, User Base Exceeds 20 Million

According to the Indonesia Tax Office, as of this year, Indonesia's annual cryptocurrency tax revenue ranges from 500 billion to 600 billion Indonesian Rupiah (approximately 31.25 million to 36.40 million US dollars). In detail, the tax revenue for the first year in 2022 was 24.6 billion Rupiah, decreased to 22 billion Rupiah in 2023, surged to 62 billion Rupiah in 2024, and up to now in 2025, 11.5 billion Rupiah has been collected.

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Bloomberg: Venture Capitalists are Fueling a New Wave of Cryptomania Sweeping Through College Campuses

According to Bloomberg, as cryptocurrency's reputation in the U.S. public opinion arena gradually "cautiously recovers," a wave of venture capital-backed blockchain enthusiasm is quietly rising on university campuses.

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DevvStream, a US-listed company, has launched its crypto treasury strategy, with the initial purchases of BTC and Solana.

According to BusinessWire, DevvStream Corp. (NASDAQ: DEVS), a US-listed carbon management company, today announced the official launch of its crypto asset treasury strategy, with the initial purchases of Bitcoin (BTC) and Solana (SOL).

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🗞 August 1 2025 cryptocurrency news highlights

【Cryptocurrency】
Indonesia's Cryptocurrency Annual Tax Revenueg Reaches $364 Million, User Base Exceeds 20 Million

【Economy】
US Lawmakers Visit Argentina to Study Crypto Amid Inflation Crisis

【More】
Bitcoin Steadies At $118,000 As Ethereum, XRP, Dogecoin Push Higher🕯

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XRP Price Could Explode as SEC ETF Decision Looms in 21 Days🪙😯

The SEC is reviewing a new streamlined process that could approve an XRP ETF within 21 days, potentially triggering a major price rally. This fast-track framework is raising excitement in the crypto world, as it could significantly boost institutional interest and adoption of XRP.

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Shiba Inu (SHIB) Price Drops 6% But Bulls See Hope in Technical Pattern📶

Shiba Inu (SHIB) fell 6% amid market fears triggered by Trump’s new tariffs. However, traders remain hopeful as technical charts show a potential bullish reversal pattern forming, specifically an inverted hammer, which could signal an upcoming price rebound.

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Bitcoin crashes below $114K, wiping out $863M in leveraged longs 📉

Bitcoin bloodbath as price drops below $114K, triggering $863M liquidation wave
Bitcoin fell below $114,000 on July 20, sparking a violent crypto sell-off. Over $863 million in leveraged long positions—mostly in BTC and ETH futures—were liquidated in a cascading effect. The sudden drop wiped out traders across multiple platforms, highlighting the risks of excessive leverage and thin liquidity at key price levels.

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Ethereum Spot ETFs Extend Inflow Streak as Bitcoin ETFs Face Outflows 📥

For the 20th day straight, U.S. spot Ethereum ETFs posted net inflows, with around $17 million added on the latest day. July inflows reached nearly $5.4 billion, boosting total assets to $21.5 billion—about 5% of Ethereum’s market cap. In contrast, Bitcoin ETFs saw approximately $115 million in outflows, underscoring a rotation toward ETH investments.

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U.S. States are embracing Bitcoin 💪

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An address suspected to be Anchorage Digital bought 14,933 ETH🔥

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DeFi Education Fund urges Senate to strengthen crypto dev protections in draft bill

DeFi Education Fund called on the Senate Banking Committee to frame a key crypto market bill in a more tech-neutral way and strengthen crypto developer protections in a recent letter.

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SEC Chair Aktins calls to ‘reshore crypto’ as companies move back to the US

With officials urging companies to “reshore crypto,” global companies are expanding US operations as the Trump administration rolls out pro-crypto reforms.

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Wall Street Is Buying Crypto ‘Quietly’ — And That’s Bullish, Says Bitmine's Tom Lee

Tom Lee says ether and bitcoin remain in early-stage institutional adoption, and warns investors not to mistake disbelief for a market top.

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Trump's tariffs hit Buffett's Berkshire consumer goods business hard

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🗞 August 2 2025 cryptocurrency news highlights

【Cryptocurrency】
Bitcoin crashes below $114K, wiping out $863M in leveraged longs 📉

【Indicators】
XRP Price Could Explode as SEC ETF Decision Looms in 21 Days🪙😯

【Economy】
Trump's tariffs hit Buffett's Berkshire consumer goods business hard

【More】
Wall Street Is Buying Crypto ‘Quietly’ — And That’s Bullish, Says Bitmine's Tom Lee

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Dogecoin (DOGE) Aims to Reclaim $80B ATH Market Cap as Little Pepe (LILPEPE) Rises as the Top Meme Coin to Watch in 2025😲🐶🐸

In a turbulent 2025 marked by tech layoffs and inflation, crypto is showing resilience. Dogecoin (DOGE) aims to reclaim its \$80 billion market cap, while new meme coin Little Pepe (LILPEPE) is gaining traction. With its stage 8 presale 94.36% filled and tokens priced at \$0.0017, early investors are already up 70%. If it reaches the projected \$0.0030 launch price, current buyers could see a 76.4% return, fueling strong investor interest.

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