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Tamilnadu Crypto News
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By @tamil_btc
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All things considered, $MIM is still a great meme, pumped hard af today. Many tourists, sellers & obvious fudders. Personally still holding, thesis remains the same. Chads are buying the fear.
⭐️ HTX has partnered with World Liberty Financial to support the USD1 Points Program, the world's first global stablecoin loyalty program.

📈 Trade, hold and stake USD1 on #HTX

🔔 Earn loyalty points as you trade!
Stay tuned for more!

trade on
tamilbtc.com/htx
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Ethereum (ETH) has finally crossed the $4,000 mark after a long period of stagnation. Although there was a slight correction, we indicated that the price might drop to the $3,500 level. Currently, the price is testing the resistance area again. A break above $4,100 would pave the way for a potential rise to the all-time high resistance zone of $4,800 to $5,000.
Shrimp-to-Fish Wallets Absorbing BTC Faster Than It’s Minted

Wallets holding less than 100 BTC (Shrimp-to-Fish cohorts) continue to accumulate at a pace exceeding issuance.

🔹 Monthly balance growth: +17K BTC
🔹 BTC issuance: +13.85K BTC
🔹 Shrimp wallets (<1 BTC): Added nearly 10K BTC

This highlights persistent retail-driven accumulation and growing demand from smaller holders despite market uncertainty.
📢 Coinbase Meets Indian Minister to Discuss Blockchain Opportunities

Coinbase’s Chief Legal Officer, Paul Grewal, recently met with Karnataka’s IT Minister, Priyank Kharge, to explore ways to boost blockchain adoption in India.

The discussion covered areas like:
▶️ Developer tools for the blockchain ecosystem
▶️ Cybersecurity improvements
▶️ Training and capacity-building programs
▶️ Using blockchain for public-sector projects

While this was a state-level meeting (Karnataka), it shows growing interest in blockchain innovation in India.
A whale just grabbed $40M worth of $ETH in the past few hours.
Institutions are loading up while most aren’t paying attention.

Wallet Address: 0x23554140eCD8b99CC746d3ba2f799A2e19084b9e

Could Ethereum be gearing up for its next explosive move?
Bitcoin whales are buying at an unprecedented pace.
Crypto Fear and Greed Index

Index Value : 67
Sentiment : Greed
BTC Price : $116672
🚨 JUST IN: CrediX, a DeFi lending platform on Solana, has gone completely silent after suffering a $4.5 million exploit on August 4.

The attack targeted the platform’s admin multi-sig wallet and bridge permissions, allowing the hacker to drain funds and mint unbacked tokens.

Since then, the CrediX team has taken down their website, deleted their X account, and removed other social media channels.

They had previously claimed to be in talks with the exploiter to recover the funds, but no updates have been given, sparking fears this could be an exit scam.

Stay cautious.
UK-based The Smarter Web Company has added 50 BTC to its treasury, now holding 2,100 $BTC worth $229.6M

From building websites to stacking sats like a whale, they’re playing the long game.
Bitcoin Shrimp Wallets Accumulating Faster Than Miners Can Issue

Past month:
🔹 17,000 BTC added by shrimp wallets (<1 BTC)
🔹 13,850 BTC mined

Even the smallest holders are stacking harder than supply coming in.
🚨 UPDATE on Joe McCann

His Asymmetric Liquid Alpha Fund has been shut down after a nearly 80% YTD drawdown.

Meanwhile, the $1.5B Solana treasury SPAC he’s leading is still in motion, not cancelled, aiming to acquire ~7.3M SOL and become the largest private SOL treasury.
💰 BNB is Leading the Pack in 2025!

➡️Market cap: $105B (81% of all Centralized Exchange Tokens)
➡️Top performer of all CEX tokens this year: +12% YTD
➡️Minimal drawdown: only -6% from its all-time high
➡️Powers both Binance and BNB Chain

While others drop, BNB climbs. Still wondering where the smart money is?👀🔥
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Harvard buys $116.6M worth of BlackRock’s spot Bitcoin ETF.
Major Upcoming Events in August
COINBASE TO ADD DEX TRADING TO THE COINBASE APP, ALLOWING USERS TO TRADE MILLIONS OF ASSETS ON BASE: BLOG