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$440 million worth of Bitcoin was instantly drained by a “ghost wallet”—Binance sees record large outflows. What are the whales sensing?
Two newly created wallet addresses withdrew 6,765 BTC from Binance, worth approximately $440 million. On July 27, according to Lookonchain, about 40 minutes ago, two newly created wallet addresses together withdrew 6,765 BTC from Binance, which is currently worth about $441 million. #长鑫存储上市首日涨472% $BTC $ETH $DOGE BTC short-term trend analysis — Today’s direction: bullish Near-term resistance: $66,500. Near-term support: $63,000. ETH short-term trend analysis — Today’s direction: bullish Near-term resistance: $2,050. Near-term support: $1,920. 👉 Follow the page for precise trading direction and get the details via private message
In five days, it evaporated an Intel! Musk: I’m now a “former trillionaire”
Musk’s net worth has plummeted; he jokes that he is a “former trillionaire.” Tesla’s stock price has fallen nearly 20% this week, closing at $313.03 per share, marking the largest single-week decline since 2022. SpaceX closed at $115.07 per share, the lowest level for the company since its IPO last month. According to Bloomberg’s Billionaires Index, Musk’s personal wealth evaporated by about $130 billion (about RMB 88 billion) in just five trading days. Just a few weeks ago, he had become the first person in human history to have a net worth exceeding $1 trillion. Musk himself joked on social media that he is a “(former) trillionaire.”#SpaceX星舰完成上市后首次成功试飞 $BTC
Has Wall Street fallen asleep? A $14 million short targets SpaceX—the “dark pools” on the blockchain are swallowing the IPO
Wall Street’s latest short in its office is a blockchain When SpaceX went public, the only place most people in the world could short was Hyperliquid, where an eternal-futures tracking the first IPO of a decade, and a whale ran a $14 million leveraged short—no brokerage would provide. Stock perps are the first crypto product that Wall Street can’t ignore, and regulators can’t just sideline; it’s an audit of what’s actually inside them. Summary Hyperliquid is the dominant on-chain derivatives venue, with about 70% of decentralized perpetual trading volume and roughly $1.3 billion in annual fees. It has now listed stock perpetual futures, and its SpaceX contract is a breakout case.
‘Ripple spent $4 billion to build itself a “fiat bank,” while XRP is just the old sign hanging by the door’
Ripple bought a bank in pieces. This is a $4 billion audit When the market turned its attention to the token, the company spent $4 billion assembling things it had never owned: custody, primary brokerage, corporate finance and payment rails, and a series of acquisitions. This is an audit of what money bought, what it earned, and the uncomfortable questions the empire’s answer has for XRP. Summary Between 2023 and 2025, Ripple spent about $4 billion on acquisitions: Metaco ($250 million, custody technology), Standard Custody (New York trust license), Hidden Road ($125 million, primary brokerage), Rail (stablecoin payments), GTreasury (about $1 billion, enterprise finance software), and Palisade (XRP custody).
Just Now! Trump’s Team Transfers $17 Million in TRUMP Tokens, and the Senate Moral Battle Ignites a Powder Keg!
With the intensification of the CLARITY moral struggle, Trump moved $17 million Due to ongoing stalemated negotiations in the Senate over the moral rules in the (Clarity Act), Trump's official team has transferred approximately $16.91 million worth of Trump tokens to a Fireblocks custody wallet. Summary According to Arkham Intelligence, 16.84 million Trump tokens were sent to three Fireblocks detention addresses. Arkham stated that these addresses had previously transferred the TRUMP tokens they received to BitGo. Senate Democrats are resisting the moral provisions that would leave enforcement power to the Department of Justice.
Will we see $60,000 this weekend as BTC sharply dips and breaks below the MA?
After profits were taken following a technical selloff, Bitcoin’s price wavered around support at the trendline Today, July 25, the price of Bitcoin fell amid strong macro headwinds, after the Nasdaq 100 plunged to its lowest level since May 5, as concerns about tech giants’ heavy artificial intelligence spending continued to escalate. Abstract Bitcoin’s price fell 2.49% to $64,017 due to a tech-driven Nasdaq selloff and a 4.71% Treasury yield that triggered defensive profit-taking. Spot Bitcoin ETFs reported their worst inflow in three weeks as buyers shifted to bonds, attracting only $33 million.
Protect Trump or just put on a show? Republican bill bans the president from issuing money, but Democrats still say it’s not enough—these are “bullshit” provisions!
Draft ethical provisions of the (CLARITY Act): strong criticism from a U.S. senator: the Republican version is just as bad as the other one U.S. Democratic Senator Ruben Gallego said he will work with Republican lawmakers to propose an alternative to the ethical rules in the (Digital Assets Market Clarity Act) supported by the White House (the CLARITY Act), and criticized the draft “not at all” being a serious proposal after the Senate Republicans released it this week. On Wednesday, the Senate Republican Party released the text of the (CLARITY Act), which includes new ethical provisions prohibiting all U.S. federal government officials—including the sitting President, Donald Trump—from issuing or sponsoring any digital assets. However, several Democratic lawmakers said the relevant provisions are still not enough to address conflicts of interest.
Bitcoin just revealed a “bottom miracle,” and Bitwise urgently highlights this: it’s not only about BTC—these two “integration-minded” players are the biggest dark horses
Crypto asset management firm Bitwise’s Chief Investment Officer Matt Hougan said that as cryptocurrencies and traditional finance (TradFi) continue to converge, Hyperliquid (HYPE) and Robinhood (HOOD) are expected to become key forces driving the next round of the crypto bull market and helping spur a broader industry recovery. Integration of crypto finance and traditional finance In a blog post published on Wednesday, Hougan pointed out that although Bitcoin has recently been gradually outperforming the U.S. stock market, investors who want to position themselves for the next phase of long-term growth opportunities should focus on platforms and companies that are driving the integration of crypto finance with traditional finance.
Wall Street giants plot late at night! Led by BlackRock, they form a “crypto NATO,” building a $15 million wall to the death to defend Bitcoin against quantum attacks
Countering the Q-Day crisis! BlackRock and other giants form a Bitcoin security alliance, laying the groundwork for post-quantum cryptography. Several major Bitcoin industry players jointly established the “Bitcoin Security Alliance,” aiming to support developers, security research, and post-quantum cryptography research through funding to improve the network’s long-term security. The alliance was jointly initiated by nine companies, including Strategy, BlackRock, Coinbase, Galaxy Digital, Fidelity Digital Assets, Anchorage Digital, ARK Invest, Block, and Blockstream. Members cover Bitcoin holders, custodians, exchanges, infrastructure firms, payment companies, and asset management institutions.
Shocking Truth! SpaceX’s Bitcoin holdings are only 0.076%—“Bitcoin proxy” is actually a century-long illusion?
Everyone calls SpaceX a Bitcoin proxy. SpaceX’s bankruptcy first public offering has led crypto media to narrate every tick of its 18,712 Bitcoins. One division breaks the story: the coins are the company’s eight basis points. Summary SPCX fell 48% from its June peak of $225.64, dropping to about $117, below its $135 IPO price; because its balance sheet holds 18,712 Bitcoins, ongoing narratives frame the stock as a leveraged Bitcoin proxy. Decomposing and throttling the framework: SpaceX’s $1.18 billion market value is about $1.56 trillion, roughly 0.076% of the company—i.e., 8 basis points. The normal 3% daily movement in SPCX transfers more value than the entire coin position.
Caught in a bind! After Sun Yuchen just refuted UK allegations, the EU strikes again: HTX is suspected of providing Russia with a “back door”
Justin Sun’s HTX has been listed on the EU sanctions list for alleged ties to Russia. The EU has listed HTX, which is connected to Justin Sun, as one of 18 crypto companies accused of helping Russian users evade financial sanctions. Summary The EU has listed HTX, which is connected to Justin Sun, as one of the crypto companies accused of helping Russians evade sanctions. HTX faces trading restrictions, but the EU’s action does not include an asset freeze. Starting August 25, separate rules will limit Belarus’s ownership of all crypto companies subject to MiCA supervision. According to Reuters, after the EU adopted the latest restrictions on Thursday, it published the list on Friday, adding another regulatory challenge to one of the world’s largest cryptocurrency exchanges.
Only 7 votes left! Countdown to a Senate showdown for the ‘CLEAR Act’—if it fails, U.S. crypto rules will plunge into a ‘midterm hell’
Despite a 60-vote margin, the (CLEAR Act) faces a Senate vote Senate Majority Leader John Thune plans to push the (CLEAR Act) toward a floor vote on the lower end before the August recess, even if the crypto market structure bill cannot overcome a lengthy debate, potentially forcing senators to publicly declare their positions. Summary Although there is uncertainty about the required 60 votes, Thune wants a Senate vote before the August recess. If all 53 Republican senators support cloture, Republicans would need roughly seven Democratic votes. The revised draft includes temporary ethics restrictions on digital-asset activities by senior federal officials.
“Fake ban” passes! Congress passes a stock trading bill, leaving lawmakers a “back door” to keep trading? Warren fumes: the Senate will inevitably lose!
Despite the loopholes, the U.S. House of Representatives still passed the congressional stock trading ban. The U.S. House passed a congressional stock trading ban by a vote of 232 to 198, despite criticism that the measure left existing holdings untouched; the measure will nevertheless be sent to the Senate. The House of Representatives passed the Stop Trading on Congressional Knowledge Act with 232 votes to 198. Elizabeth Warren criticized the loophole allowing lawmakers to keep and sell their existing stocks. Similar restrictions were proposed by Bryan Steil regarding betting on congressional prediction markets. According to a statement from Rep. Bryan Steil’s office, the House approved (the Stop Trading on Congressional Knowledge Act) on Wednesday, July 22. Wisconsin Republican lawmakers introduced the legislation in January and urged senators to send it to President Donald Trump for his signature.
Snapped Up $52.5 Million! The World Foundation Pushes World ID Hard Even as Regulators Tighten Scrutiny—One-Year Token Lock Sparks Market Speculation
The World Foundation raised $52.5 million through a strategic WLD token sale because it accelerated the rollout of its World ID identity network, with all purchased tokens locked for one year. The World Foundation raised $52.5 million through a strategic WLD token sale to expand its World ID identity network, with all purchased tokens locked for one year. The nonprofit said the funding will support businesses adopting World ID, as more than 39 million users have joined the network and over 18 million have completed Orb verification. The fundraising has faced ongoing regulatory scrutiny and renewed attention on the concentration of WLD ownership following Grayscale’s ETF filing, as World continues to expand globally.
Stunning reversal! Trump's tariffs ruled 'illegal', is the crypto market experiencing 'relief surge'? Or is it the prelude to a new storm?
Trump's tariffs were ruled illegal: how the court ruling affects the crypto market The U.S. Supreme Court ruled that Donald Trump's comprehensive global tariffs were illegally imposed. For traders, this is a significant development: the tariff headlines have triggered a massive sell-off and repeatedly hindered Bitcoin from reaching new highs. The critical question now is whether the 'tariff pressure' on cryptocurrencies has finally eased—or if the market is heading towards a new wave of uncertainty. What did the U.S. Supreme Court decide? On Friday, the U.S. Supreme Court ruled that Donald Trump unilaterally imposed broad tariffs on nearly all U.S. trading partners, violating federal law. The court's main conclusion is clear: without explicit authorization from Congress, the president cannot impose tariffs of 'unlimited amount, duration, and scope.' The judges stated directly that the government failed to identify any such explicit legal authorization in the regulations it relied upon.
Safe Haven Shuffle? Gold fixated on $5000, while Bitcoin is stuck at $68,000: Where to go from here?
As BTC tests support, gold and silver climb amid US-Iran tensions. As BTC retests key chart resistance, gold and silver rise amid US-Iran tensions. The gold trading price is close to $5000 per ounce, having risen about 0.5-0.6% within 24 hours, approaching level resistance and flirting with a potential breakout of the historical high. Silver is trading around $70, having risen about 0.3% the day after breaking the triangle pattern, with bulls observing whether the current level shifts from resistance to support. Bitcoin trading is close to $67,900, having risen about 1% within 24 hours in a bearish market structure, with weekly charts emphasizing the necessity of maintaining key level support as the random RSI is at historically low readings.
3 Reasons Why Dogecoin, Shiba Inu, XRP, and Other Altcoins Rose Today
Bitcoin and most altcoins, including popular names like Dogecoin, Shiba Inu, and XRP, were in the green today, February 20, as investors bought the dip following some key catalysts. Bitcoin and most altcoins rose on Friday, with the total market capitalization of all tokens exceeding $2.3 trillion. The rally took place after the Supreme Court ruled against Donald Trump's tariffs. They also rose after the latest US GDP report showed an economic slowdown in the fourth quarter. Bitcoin surged to $68,000, while Dogecoin, Shiba Inu, and XRP rose by over 4%. The total market capitalization of all tokens increased by 2.2%, surpassing $2.3 trillion.
SCOTUS's Heavy Hammer Against Trump's Tariffs, Crypto Market Takes Off First
After the US Supreme Court ruled against Donald Trump's tariffs, the crypto market cautiously rebounded on Friday. The Supreme Court overturned Donald Trump's tariffs, leading to a rise in the crypto market. Bitcoin and most tokens saw slight increases, while the stock market erased earlier losses. The ongoing recovery may be short-lived, as Trump has the tools to implement tariffs. BTC price rose to $68,200, while the total market capitalization of all coins increased nearly 1%, reaching over $2.3 trillion. Some of the gains in the crypto market came from Kite, Morpho, LayerZero, and Render, which rose by more than 6%.
[Explosive] "Bitcoin + Oil = ?" — The epoch-making asset tokenization is reshaping the global financial system
Bitcoin-backed oil: The final frontier of asset tokenization Despite being very different assets on the surface, Bitcoin and oil have much in common. On one hand, they are both commodities and known for being difficult to extract. Obtaining them requires a lot of work, through mining and drilling, respectively. They are also the cornerstones of global industries: oil is the foundation of manufacturing and energy production; Bitcoin is the pillar of digital asset creation and on-chain liquidity. You can create cool things with raw materials like Bitcoin and oil, from permissionless lending products to children's toys.