GMX was hacked for $42M.

Currently, the hacker has bridged $9.65M to Ethereum and exchanged them into $DAI and $ETH.

ETH Supply Squeeze Incoming

Ethereum exchange balances have dropped to all-time lows, while staking has surged to record highs.

With less ETH available on the market and more locked up, a supply shock could be on the horizon.

El Salvador’s Bitcoin Bet Pays Off

El Salvador is now sitting on nearly $400 million in unrealized profit from its national Bitcoin holdings.

Justin Sun has announced a $100M purchase of $TRUMP.

According to Sun, the alliance between $TRUMP and the TRON network represents the future of crypto.

Snoop Dogg launches gift-themed music video on Telegram

Telegram “Gifts” sold out in just 30 minutes, bringing in $12 million in revenue.

The rapper’s official channel now boasts over 200,000 subscribers

Realized Cap confirms strong $BTC rally

Glassnode reports that Bitcoin’s Realized Cap — which reflects actual capital inflows rather than speculative price moves — surged by $4.4B after the breakout above $112K.

This increase signals real demand and confidence from market participants, not just hype.

Arthur Hayes predicts $ETH at $10K

The BitMEX co-founder shared a weekly ETH/BTC chart, hinting at a potential trend reversal in Ethereum’s favor — and suggesting a path toward $10,000 ETH.

BTC Rally to $112K Fueled by New Longs

Bitcoin’s surge to $112K isn’t just short squeezes — it’s also driven by fresh long positions.
Unlike the end of June, this time open interest is rising, not falling.

That signals real conviction behind the move.

USDC Coming Natively to Sei Network

Circle is launching native $USDC and CCTP V2 on Sei — one of the fastest L1 blockchains.

This move boosts Sei’s utility and brings seamless stablecoin transfers to the ecosystem.

Massive $ETH accumulation!

Newly created wallet 0x35fb has withdrawn 72,050 $ETH($199.6M) from Kraken in the past 24 hours.

Short Squeeze Alert

Over $509 million in short positions were liquidated in the past 24 hours.

Tesla’s Bitcoin bet is paying off

Elon Musk’s Tesla now sits on an unrealized profit of $756 million from its Bitcoin holdings.

Robinhood launches ETH and SOL staking for U.S. users

Robinhood Crypto now allows U.S. customers to stake Ethereum and Solana — starting with as little as $1.

China reconsiders its stance on stablecoins

Shanghai regulators held a closed-door meeting with 60+ officials to discuss new stablecoin rules.

A yuan-backed stablecoin by JD.com and Ant Group is reportedly in the works. Both firms are preparing for licensing in Hong Kong, where the new stablecoin law takes effect on August 1

$SUNDOG added to Binance alpha projects.

JUST IN: $1,100,000,000 in Bitcoin and crypto shorts were liquidated in the past 24 hours.

JUST IN: Ripple has finished a blockchain-based drought insurance pilot in Kenya, using $RLUSD to cover 517 pastoralists.

JUST IN: Bitcoin outperforms Amazon in market capitalization.