MARKET UPDATES:

-Market sentiment: Extreme Fear

-Index value: 21

-BTC Dominance: 58.44%

-Altcoin season index: 46/100

-Total crypto marketcap: $2.14 Trillion..

-Bitcoin price: $61,600
-ETH Price: $1,700

They haven't missed a day, El Salvador is buying 1 Bitcoin each and every day.

The country now holds 7,700 BTC in its national treasury & is staying committed to its strategy of buying 1 Bitcoin everyday.

RBI wants Indian banks to stay away from crypto.

This could be a major setback for crypto investors, Web3 startups, & India’s growing crypto industry...

IMPORTANT UPDATES:

-$4.7 trillion JPMorgan warns Michael Saylor's 'Strategy' is creating a new risk for the Bitcoin market.

-President Trump says he "didn't" know he made $1.4 billion from crypto.

-President Trump says there's "nothing illegal" and "nothing wrong" with him making $1.4 billion from crypto.

-President Trump's investment accounts made 327 undisclosed stock purchases one day before he paused major tariffs, NBC reports.

-President Trump says he thinks Elon Musk will donate SpaceX stock to Trump accounts.

-Binance officially receives approval to offer crypto services in the Philippines.

-U.S national debt hits a record $39.4 trillion

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RBI Told The Parliament That Crypto Should Be Banned..

On July 2nd, During the Parliamentary Standing Committee on Finance, RBI made a bold move telling that cryptocurrencies should be banned in India.. They say its a threat to economy..

India collects Approx 706 crores in crypto tax but RBI says crypto should be banned..

On the other side, U.S has come up with the ''Clarity Act'' bill, once its passed crypto will boom..

About 1 Million Investors Lost $3.8 Billion on Trump Memecoin..

Yes Guys People who invested in Trump coin have lost $3,810,000,000..

MemeCoin had a peak value of around $75, but it's currently worth less than $2 now..

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Michael saylor's Strategy has sold 3,588 BTC worth $216M to fund dividends on its Digital Credit Securities.

As of today, Strategy holds 843,775 Bitcoins..

Tom Lee's 'BitMine' buys 42,197 Ethereum worth $73 million yesterday..

Bitcoin is under pressure again.


President Trump on Iran:

"The memorandum of understanding is over. I don't want to deal with them anymore."

He says, "They're scum…They're liars…It's a waste of time to continue talking to them."

India's central bank backs crypto ban.

RBI reportedly backs crypto ban over financial stability risks, while India’s tax department warns of offshore trading and tax evasion concerns.

There's 39 million crypto investors in India..

UPDATE:

Parliament’s Finance Committee has invited Crypto industry representatives for discussions on India’s digital asset policy...

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24.72 CRORE CRYPTO SCAM EXPOSED:

Surat Cyber Crime Police have arrested a 29 year old software engineer in connection with an alleged multi state crypto investment fraud of 24.72 crores.

Here's what happened.

A victim reportedly lost ₹72.73 lakh after being lured through Telegram to invest on a fake crypto trading platform.. According to investigators, the accused allegedly provided his bank account, debit card, and online banking credentials to fraud operators in exchange for a 2% commission.

Authorities traced over ₹1.60 crore through his account, while linking it to 8 cyber fraud cases involving a combined amount of ₹24.72 crore.

This is why you should stay cautious on Telegram, WhatsApp, and other social media platforms. Don't trust unknown people and don't send your money or crypto to anyone..

IMPORTANT UPDATES:

-Middle East tensions rise.. 🇺🇸 U.S strikes 140 targets in Iran.. 🇮🇷 Iran claims attacks on U.S bases, while Gulf nations activate air defenses.

-🇺🇸🇮🇷 U.S imposes new sanctions on Iran...

-🇮🇷 Iran says the Strait of Hormuz is closed until "stability is restored." U.S says the Strait of Hormuz is open to all vessels.

-Polymarket files to offer margin trading in the United States.

-Apple sues OpenAI for allegedly stealing trade secrets.

-🇺🇸 Trump DOJ to drop charges against the mastermind of $722,000,000 crypto Ponzi scheme, Bloomberg reports.

-Eric Trump says "ETH is pumping hard & Crypto is the future."

MARKET UPDATES:

-Market sentiment: Fear

-Index value: 28

-BTC Dominance: 58.80%

-Altcoin season index: 56/100

-Total crypto marketcap: $2.17 Trillion..

-Bitcoin price: $63,100
-ETH Price: $1,780

The U.S House will hold a hearing on the crypto CLARITY Act in just 4 days...