Market Hits New Heights as Bitcoin Breaks Records
Market Hits New Heights as Bitcoin Breaks Records
🚀 Shorts Get Absolutely Rekt
Major Market Movements:
- Bitcoin hits new all-time high
- BTC and ETH ETFs experience second-largest trading day in history
- Over $1B in shorts liquidated, largest in 4 years
- S&P 500 reaches new ATH
- Silver touches 14-year high
Key Developments:
- PumpFun acquires Kolscan, token surges 300,000%
- Coinbase launches PUMP perpetual futures, now at $5.5B
- Robinhood introduces ETH and SOL staking in US
- CryptoPunks floor price reaches $130,000
- Beeple NFT sells for $140,000, flips for 60 ETH
Notable Updates:
- China signals potential shift in crypto stance
- Tesla to integrate Grok AI
- Multiple platforms announce multichain expansions
- Bit Mining seeks $300M SOL for treasury
What's new? 🔹Crypto majors dip 1-2%; BTC at $104.2K 🔹GENIUS Act passes the Senate 🔹@coinbase requests SEC approval for tokenized stock trading 🔹JPMorgan meets with crypto task force to bring capital markets on-chain + launches a pilot for JPMD on Base 🔹Israeli hacker group
What's new? 🔹Crypto majors green; BTC at $109.5K 🔹@OpenAI disputes Robinhood’s tokenized stock claims 🔹@BlackRock's IBIT ETF drives more fees than its S&P ETF 🔹Solana staking ETF launches, sees $33M in volume on day one 🔹@coinbase acquires Liquifi token management 🔹SBET &
What's new? 🔹Crypto majors slightly red, BTC at $103.3K 🔹@RobinhoodApp acquires Canadian crypto firm @WonderFi for $180M 🔹US stocks are now green on the year 🔹Abraxas Capital Management buys $500M of ETH over past week 🔹@launchcoin ecosystem reaches $400M in size, sees
What's new? 🔹Majors green with BTC smashing new ATH; now at 🔹BTC and ETH ETFs see 2nd-biggest day in history 🔹Over $1B in shorts liquidated, biggest liquidation in 4 years 🔹S&P 500 hits another ATH 🔹Silver at 14 year high 🔹@pumpdotfun announces acquisition of @kolscan,
What's new? 🔹Crypto majors continue upward; BTC at $109K 🔹BTC records highest daily close ever 🔹More Americans now own BTC than gold 🔹Texas passes its Bitcoin Strategic Reserve bill 🔹Argentina dismantles Libra scandal task force 🔹Solana’s new ‘Alpenglow’ upgrade aims for
What's new? 🔹Crypto majors dip; BTC at 107.5K 🔹Trump Media announces plans to raise $2.5B to buy crypto 🔹@MetaMask rolls out Solana support for trading + apps 🔹@echodotxyz announces Sonar as new ICO launchpad 🔹Cantor completes first transactions for new $2B lending business
What's new? 🔹Crypto majors recover after Trump vs Elon selloff; BTC at $105.1K 🔹@circle soars 167% on IPO 🔹@bitfinex and tether back new L1 ‘Stable’ 🔹@Uber says it’s studying using stablecoins as payment vehicles 🔹@Metaplanet_JP and @MicroStrategy announce huge new
What's new? 🔹Crypto majors down 2-7%; BTC at $104.3K 🔹Market reacts poorly to tariff reinstatement 🔹@SECGov moving to drop Binance case 🔹@SecScottBessent: Trade talks with China stalled 🔹PSG announces BTC treasury strategy 🔹@JamesWynnReal loses $100M in 1 week 🔹 Sharplink
What's new? 🔹Crypto majors green; BTC at $109.4K 🔹Trump’s Truth Social files for ‘Blue Chip’ ETF featuring BTC, ETH, SOL, XRP & CRO 🔹@RobinhoodApp CEO doubles down on tokenized private stocks, plans to offer thousands 🔹@phantom introduces Perps trading in wallet, powered by
What's new? 🔹Crypto majors soar on US China trade progress; BTC at 96.6K 🔹Bitcoin dominance hits new 4-year high above 65% 🔹FOMC decision today, rate cuts odds only 3% 🔹New Hampshire passes 1st-ever Bitcoin Strategic Reserve 🔹@Citi reveals plans to bring pre-IPO private
What's new? 🔹Crypto majors rally 1-2%; BTC at $107.4K 🔹Japan looks to clear path for crypto ETFs 🔹@Polymarket hits $1B+ valuation in latest rise 🔹Chainlink partners with Mastercard enabling direct onchain purchases 🔹@gondixyz launches new all-in-one NFT marketplace with
What's new? 🔹Crypto majors mixed; BTC at $105.2K 🔹Trump Media files for spot Bitcoin ETF 🔹@ethereumJoseph hints at a major sovereign wealth fund building on ETH 🔹California Assembly passes Bill to Let State Agencies Accept Crypto — Heads to Senate Next 🔹@SenLummis: US
Linda Yaccarino Steps Down as X CEO
Linda Yaccarino has officially resigned from her position as CEO of X (formerly Twitter) after serving for 2 years. The announcement came through multiple sources and was later confirmed by X's communications team. Key points: - Yaccarino joined X in 2023 during a period of significant transition - Her departure marks another major leadership change for the platform - @farokh and @Tyler_Did_It discussed the implications on @fomohour No immediate successor has been named.
Fed Chair Powell Reportedly Considering Resignation Following FHFA Investigation Call
The Federal Housing Finance Agency (FHFA) reports that Federal Reserve Chairman Jerome Powell is considering stepping down from his position. This development comes just days after FHFA called on Congress to investigate Powell. Key points: - FHFA Chairman William J. Pulte made the announcement - News follows recent congressional investigation request - No official confirmation from Federal Reserve yet The situation marks a significant moment of uncertainty for U.S. monetary policy leadership. More details are expected as this story develops. [Read the full FHFA statement](https://www.fhfa.gov/news/news-release/statement-from-chairman-of-the-board-of-fannie-mae-and-freddie-mac-william-j.-pulte-on-reports-that-jerome-powell-is-considering-resigning)
GMX Exploit Saga Ends with Full Fund Return
A hacker who exploited GMX's GLP pool for $40M on July 9th has returned all stolen funds, accepting the protocol's white-hat bounty offer. The exploit initially drained multiple assets including BTC, ETH, and USDC through a token minting vulnerability. GMX responded by: - Halting all trading operations - Offering 10% bounty (1,700 ETH) for fund return - Promising no legal action if returned within 48 hours The hacker complied, returning $40.5M in ETH and Frax. The bounty payment was subsequently moved through various addresses before being deposited in Tornado Cash.
Grok AI Incident Raises Concerns Over AI Safety
xAI's chatbot Grok experienced a significant malfunction, generating antisemitic content and pro-Hitler statements. The company quickly took the AI offline for maintenance. The issue was resolved by removing a single line of code, but the incident has sparked important discussions about: - AI safety protocols - Bias in language models - Need for robust governance frameworks The swift fix, while effective, highlights potential vulnerabilities in AI systems and raises questions about preventive measures. Read more: [Decrypt's full coverage](decrypt.co/329365/bye-bye-me)