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Cryptocurrency ↪ Inside
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🇺🇸 Elon Musk says X will open-source its codebase after a security review and invite independent reviewers to verify the live system matches the published code.


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Six VC-backed blockchains raised ~$500M combined but generate only $360 in daily fees.

Proto analysis highlights Berachain, Celestia, Scroll, Eclipse, Sonic, and Manta saw activity collapse post-hype.

Examples:
➡️ Scroll ($1.8B valuation): $24 daily fees.
➡️ BERA: Down 98% from post-launch highs despite $142M raised.
➡️ Manta: TVL dropped from $650M (airdrop) to ~$4M.

Raising millions and launching airdrops does not guarantee long-term users, revenue, or sustainable demand.


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🇺🇸 President Trump to meet with US Senators tomorrow to discuss Crypto Clarity Act.


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$15 trillion BlackRock CEO tells CNBC that Bitcoin has "more stability at these levels" and is "very bullish on the market over the next 12 months"


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🇺🇸 ETF FLOWS:

BTC, ETH and HYPE spot ETFs recorded net inflows on July 15, while SOL ETFs saw net outflows.


BTC: $107.80M
ETH: $53.83M
SOL: -$707.08K
HYPE: $2.13M



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🇮🇳 India taxes crypto gains at 30% with 1% TDS. 39 million verified users hold $2.1 billion in assets.


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BITCOIN WHALE TRANSFERS $383 MILLION AFTER 8 YEARS OF INACTIVITY

According to Lookonchain, 5,908 BTC worth around $383 million was transferred from a dormant wallet to a new address after eight years of inactivity.


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Forwarded from Bitcoin Insights
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Stanford study reveals widespread manipulation in 5-minute Bitcoin markets

Researchers from Stanford University and Singapore Management University found evidence that traders exploited 5-minute Bitcoin markets on Polymarket by manipulating spot prices shortly before settlement to profit at the expense of retail investors.

The study identified 821 suspected manipulators who allegedly pocketed $8.2 million by placing concentrated transactions in the final seconds before settlement, temporarily moving Bitcoin prices before they quickly reversed.

The researchers concluded that extending the contract duration to 15 minutes and moving away from reliance on a single Chainlink-based settlement price could largely eliminate the manipulation.


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Tanzania’s central bank is preparing a regulatory framework for crypto and stablecoins.


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ZachXBT labels hardware wallets as "absolute trash" and supports Apple.

ZachXBT strongly advises against using hardware wallets for important tasks such as signing transactions or storing balances.

He considers it "much better" to use a separate iPhone exclusively as a crypto wallet.


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Bitcoin is holding key support. Could $128,000 be next?

Bitcoin recently bounced 4% from the $61.6K support level (Q1) in the Power Law model and has already moved back toward the Q3 zone.

According to this on-chain framework, BTC is still trading in a deep accumulation range (below Q25), a zone where previous cycles often saw the start of stronger rallies.

If history repeats itself:
• In about 90 days: A potential move toward $87K (Q19)
• In about 1 year: A potential climb to $128K–$129K (Q36)

This is not a guarantee of a steady rise; volatility and pullbacks remain likely. However, the strong defense of the $61K–$62K support zone keeps the bullish outlook intact, assuming macro conditions and unexpected political or stock market shocks do not disrupt momentum.


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Alibaba shares climbed 4.78% after it was confirmed that the company's AI platform, Qwen, will support Apple AI in China.

Alibaba announced that its Qwen model will power Apple AI in the region following approval from regulatory authorities for use on iPhones.

AAPL stock also rose 4%, hitting a record closing price of $327.50 as traders anticipate strong business results.


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Ostium has suffered an exploit resulting in approximately $24 million in losses.

An attacker manipulated the protocol's price oracle by feeding it fake market data, which generated artificial profits on open positions.

The system then paid out these fake gains directly from the liquidity pool.

The attacker also held a share of the pool, enabling them to repeatedly drain funds.

In just a few transactions, the pool lost 72.5% of its reserves, dropping from $32.7 million to $9 million.

The stolen 12,000 ETH has already been moved through Tornado Cash. Ostium has paused trading and withdrawals, noting that trader deposits were not affected and that losses were limited to the liquidity pool. If you have used Ostium, please monitor official updates.

This incident serves as a reminder that DeFi carries real smart contract and infrastructure risks; avoid keeping large amounts in protocols unless necessary.


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BTC : $64,082
ETH : $1,878.84
BNB : $576.77
SOL : $77.21

Market Cap
Total : $2.27T
DeFi : $68.8B
24hr Vol : $71.3B

Sentiment 
FGI : Fear (34)
Open Interest : $114.57B
24h Liquidation : $301.0M


The crypto market is consolidating after the recent recovery, with Bitcoin holding around the $64K area while Ethereum continues to show stronger momentum compared with previous sessions.

Sentiment has improved from extreme fear, but the market is still not fully confident.

Open interest remains elevated and 24-hour liquidations are still significant, showing that leverage is active and volatility can return quickly if Bitcoin loses momentum.

For now, the market looks stronger than last week — but not yet fully bullish.



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