The image shows Bitcoin charts during the bull market periods of 2016, 2020, and today 🕯

What do you think about the similarities? Do you think that the price of BTC will repeat history and we will go to the moon again right after breaking out through ATH resistance? 🤔

✅ During the US presidential election campaign, crypto has become one of the major topics of discussion. American politicians seem to be competing to see who can make the most sweet promises to single-issue voters 🇺🇸

😁 The crypto conference in Nashville: Donald Trump gave a very bullish speech, the details of which you can read here. Senator Lummis even suggested that the US government buy 1 million bitcoins!

Anyway, all this bullish news was already priced in, and the stock market is not doing well, to say the least, with the NASDAQ down 7% from its July highs, which doesn't help the crypto market to grow, at all 🤷‍♀️

Weekly news digest:

💎 Crypto

🔸 Nine spot Ethereum ETF issuers launched their ETFs initial trading volume was > $1 billion for a few days 

🔸 JD, one of China's largest e-commerce groups, will issue a HK dollar stablecoin on the public blockchain

🔸 Fortnite may utilize blockchain in the future, Epic Games CEO Tim Sweeney said 🎮

🔸 ETHTrustFund rugged its users for $2 million worth of crypto on Base 

🏦 Crypto exchanges

🔸 Kraken exchange began distributing Mt. Gox bitcoins to creditors 

🔸 Coinbase Asset Management is creating a tokenized money-market fund 💰

🔸 The BNB Foundation has announced that a total of 1,64 million BNB, worth $981 million were burned 

💸 Finances and Economy

🔸 Tesla released its quarterly report: The company still holds $640 million worth of BTC, hasn't sold any

🔸 Luxury automaker Ferrari has announced that it will accept cryptocurrency payments in Europe 🏎

🔸 OpenAI has announced its intention to enter the search engine market with the announcement of SearchGPT
 
🔸 Bitcoin financial services company Swan revealed that it will shut down its managed mining operations 

⚖️ Law and Order

🔸 A Bitcoin lobbying group wants the UK to refrain from selling more than 61,000 government-controlled bitcoins
 
🔸 Seven US states have joined forces to oppose the SEC's regulation of crypto 🤝

🔸 U.S. Senate considers vote to ban members of Congress from trading stocks before the November election 

🔸 The Digital Chamber is urging presumptive Democratic nominee Kamala Harris to embrace the U.S. crypto industry as part of her campaign 

 🗣 Personalities

🔸 Founder and owner of Telegram, mentioned the popular Telegram play-to-earn game Catizen 

🔸 Elon Musk has denied donating $45 million a month to a pro-Donald Trump political action committee 🙅‍♂️

🔸 Activist Andrew Left of Citron Research, who regularly accused firms of securities fraud, has been charged with engaging in securities fraud
 
🔸 Robert F. Kennedy Jr. said he’d push the federal government to buy Bitcoin

🚀 Best performers of the week:

Bitcoin Cash - $415.05 (↑3.9%)
TRX - $0.1389 (↑3.2%)
LEO - $5.86 (↑3.0%)

Bitcoin is on the verge of topping $70,000 once again, while Ethereum is soaring and eyeing the $3,400 price level. Meanwhile, the U.S. national debt just passed $35 trillion for the first time in history 😳

Almost $1.5 billion in different altcoins are set to be unlocked for selling during the next month, with 1 billion XRP tokens, worth $609 million at current prices, making up a massive portion of the month's total 🔐

A member of Hong Kong's Legislative Council has called on Hong Kong to "research and consider" including Bitcoin in its strategic financial reserves 🇭🇰

Gemini crypto exchange is warning users to monitor their accounts for unusual activity after confirming that around 15,000 of its customers may have been affected by a data breach at its banking partner ⚠️

🔹 Last 24 hours top 3 gainers:

Bitcoin Cash - $454.45 (↑15.48%)
Bitcoin SV - $52.3 (↑15.38%)
Brett - $0.143 (↑11.95%)

#GM

Crypto exchange Bybit announced that tomorrow, July 30, the token of the popular Telegram game Catizen $CATI will be listed on the pre-market 💰

You can read more about this game here 👈

Do you play Catizen? Have you accumulated some tokens? 🐱

Following news that the U.S. Gov. U.S. government just transferred $2 billion worth of BTC to a new address, bitcoin fell 4.5%, failing to reach the $70,000 mark 📉

Top 7 token unlocks for this week 🔐

The total value of tokens unlocked this week will exceed $276.21 million. Keep an eye on AltLayer unlocks as its token ALT is already heavily underperforming most alts and things can get even worse 👇

• AltLayer — (ALT) $90.28M
• Sui — (SUI) $62.64M
• Optimism — (OP) $54.72M
• ZetaChain — (ZETA) $35.41M
• Worldcoin — (WLD) $11.70M
• Maverick Protocol — (MAV) $10.76M
• dYdX — (DYDX) $10.70M

#unlocks

✅ Fear of the U.S. government starting selling their BTC holdings tanked already retreating prices and sparking investor concerns, BTC didn't manage to break through the $70k resistance level and price retraced 📉

Daily Digest:

🔸 U.S. Gov. U.S. government just transferred $2 billion worth of BTC to a new address

🔸 Bybit will list the token of the popular Telegram game Catizen $CATI on the pre-market tomorrow 🐈

🔸1 billion XRP tokens, worth $609 million set to be unlocked for selling during the next month

🔸 A member of Hong Kong's Legislative Council has called to "research and consider" including Bitcoin in its strategic financial reserves

🔸 Gemini crypto exchange is warning that around 15,000 of its customers may have been affected by a data breach at its banking partner ⚠️

🔸 Hacker from the UK was jailed for 3.5 years for stealing $900,000 worth of crypto

🔸 McDonald’s has suffered its first global drop in sales since 2020

🔹 Prices:

🥇 Bitcoin - $67,228 (↓1.1%)
✨ Ethereum - $3,332 (↑2.1%)
🧪 S&P 500 - 5,463 (↑0.08%)
🕗 DXY - 104.57 (↑0.24%)
🌉 Gold - 2,383 (↑0.01%)

Nothing out unusual for the market 😅

Bitcoin fell to $66,000 early this morning, erasing last week's gains. Other major currencies saw similar losses amid bitcoin's decline. Analysts warn of high volatility ahead 😬

The U.S. SEC is no longer asking a court to decide and deem the tokens named in its lawsuit against crypto exchange Binance (like SOL, BNB, COSMOS, MATIC...) as securities ⚖️

The makers of Catizen had planned to launch their CATI token in July but couldn't, so admitted that the token launch has been delayed ⌚️

Blockchain project Ethereum is celebrating its 9th anniversary. Co-founder Vitalik Buderin has congratulated everyone 🥳

🔹 Last 24 hours top 3 gainers:

BOOK OF MEME - $0.011 (↑6.58%)
XRP - $0.633 (↑3.96%)
Maker - $2838.41 (↑3.49%)

#GM

SEC charges BitClout ⚖️

Securities and Exchange Commission charged Nader Al-Naji, founder of the blockchain-based social media platform BitClout, with fraud and an unregistered securities offering.

🔍 Allegedly, he raised over $257 million from investors under pretenses, using a pseudonym to evade regulatory scrutiny.

The complaint claims he misused $7 million of investor funds for personal expenses and misled investors about the project's decentralization.

This seems to be a recognition that the current SEC leadership doesn't have much time left, and they're just trying to do everything they panned to do before they leave 🤷‍♀️

Hamster Kombat shared new details about the upcoming airdrop 🐹

The team behind the Telegram tap-to-earn game Hamster Kombat released a new whitepaper in which they shed the light on team's plans, game statistics, upcoming airdrop, and tokenmics.

📊 60% of the $HMSTR token supply will be dedicated to players while 40% will be reserved for providing market liquidity, ecosystem partnerships and grants, rewarding squads, and other purposes

You can read more about the Hamster Kombat game here 👈

Playing Hamster Kombat? How many coins have you managed to accumulate so far and what is your hourly in-game income ❔

Protests in Venezuela over rigged election 🇻🇪

Massive protests have erupted in Venezuela after the National Electoral Council, controlled by Nicolás Maduro and his United Socialist Party, declared him the winner of the presidential election. What is obvious to all unbiased experts: The election results were rigged 🗳

Maduro, a corrupt socialist populist who began his career as a bus driver for former dictator Hugo Chávez, has led the country into decline and poverty during his years in power.

Demonstrations have spread across the country, particularly in Caracas, where protesters have clashed with police. Rubber bullets and tear gas have been used against demonstrators 👮

✅ Bitcoin continues to correct, dragging the entire market with it. July is slowly coming to an end and August is known for its dullness and low market volatility, let's see if it will be like this again 👀

Daily Digest:

🔸 OKX will list pre-market futures for Hamster Kombat token HMSTR on Aug 1

🔸 Blockchain project Ethereum is celebrating its 9th anniversary 🎉

🔸 Hamster Kombat released a new whitepaper, 60% of HMSTR supply allocated for airdrop

🔸 Securities and Exchange Commission charged BitClout, with fraud and an unregistered securities offering

🔸 The U.S. SEC is no longer asking a court to decide and deem the tokens named in its lawsuit against Binance as securities 

🔸 The makers of Catizen delayed the launch of their CATI token 😕

🔸 Warren Buffett sold $3 billion worth of Bank of America Corp. shares

🔹 Prices:

🥇 Bitcoin - $66,210 (↓1.9%)
✨ Ethereum - $3,275 (↓2.2%)
🧪 S&P 500 - 5,436 (↓0.50%)
🕗 DXY - 104.45 (↓0.11%)
🌉 Gold - 2,409 (↓0.06%)

Bitcoin will outlive anyone and anything 😲🤑

Hamas's top political leader, Ismail Haniyeh, was killed in an apparent assassination attempt at his residence in Tehran. Hamas and its ally Iran immediately blamed Israel. It seems that we are on the verge of another round of chaos in the Middle East, which could have a negative impact on the markets 😨

After four days in a row of spot ETH ETFs showing net outflows, we finally got a green day yesterday: $33.67 million in net inflows. BlackRock's ETHA leads the way with $117 million in net inflows 🔼

The Wisconsin Department of Financial Institutions (DFI) in the United States launched a publicly accessible tracker to deter crypto and other investment scams 📊

Terra developers briefly halted network operations after an apparent reentrancy attack. It's estimated that $3.5 million in USDC, $500,000 in USDT, 2.7 BTC and more than 60 million of Astroport's ASTRO were lost in the attack 💰

🔹 Last 24 hours top 3 gainers:

Kaspa - $0.2 (↑4.81%)
Mog Coin - $0...05209 (↑4.61%)
XRP - $0.65 (↑2.61%)

#GM

Lately, there’s been a noticeable uptick in Bitcoin leaving centralized exchanges. This could indicate that a supply shock is on the horizon, possibly leading to a price surge and a breakout from the current fluctuation zone. Exciting times ahead 👍

This is how Korean streamer traded with high leverage during Trump's speech 😅

It looks entertaining and fun, but in reality, it is exactly how NOT to trade 🙅‍♂️

If you're interested in a post about the difference between trading and gambling REACT WITH 🐳

Not one to miss an opportunity to capitalize on the hype, Donald Trump starts selling limited-edition sneakers 😁

These sneakers, called "Bitcoin Orange," were high-tops priced at $499, with only 1,000 pairs available (sold out already) 🥇👟

Would you buy these?

✅ The Fed held policy steady, as expected, but the policy statement was more hawkish than most anticipated, Bitcoin dropped below $65k testing the $64,500 support level, so far successfully 😐

Daily Digest:

🔸 Tether has reported a profit of $5.2 billion for the first half of 2024, but its Bitcoin investments seem to have been paused

🔸 Donald Trump raised $25m in Nashville, this is the second-highest fundraiser ever across three different presidential campaigns 💸

🔸 The DFI of State Wisconsin launched a publicly accessible tracker to deter crypto and other investment scams

🔸 Terra developers briefly halted network operations after an apparent reentrancy attack that led to $4m in loses

🔸 The Federal Open Market Committee maintained its benchmark interest rate at 5.25%-5.50% 🏦

🔸 Former U.S. President Donald Trump took to social media to promote Bitcoin sneakers.

🔸 Consumer prices in the EU rose 2.6% in July, estimates were 2.5%

🔹 Prices:

🥇 Bitcoin - $64,732 (↓0.6%)
✨ Ethereum - $3,232 (↓0.4%)
🧪 S&P 500 - 5,522 (↑1.58%)
🕗 DXY - 104.06 (↓0.47%)
🌉 Gold - 2,447 (↑1.55%)

Turkey sent 51-year-old Yusuf Dikeç to the Olympics, and unlike most athletes, he was shooting without special lenses, without ear protection, with his hand in his pocket and both eyes open WITH GLASSES 🤨

He brought home a silver medal 😮