CryptoPatel
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CryptoPatel
Square VerifiedCrypto Entrepreneur. 10 years TA FA. Founder of CryptoPatel. Alpha Hunter. SMC and ICT Trader. Sharing 10x Gems, X: CryptoPatel, Pro Setups, Market Trends 🚀
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AscendEX Officially Shuts Down Operations
Another reminder of why self-custody matters.
AscendEX has stopped exchange operations, with users now limited to account access and withdrawal requests only. The exchange says withdrawals are being manually reviewed, meaning delays or additional verification are possible.
Interestingly, this comes shortly after ZachXBT flagged multiple reports of stuck withdrawals and noted that AscendEX's public wallets appeared to hold very limited balances of major assets like ETH, USDT, and SOL.
It's worth remembering that AscendEX (formerly BitMax) was once a top-10 crypto exchange and had raised $50M from major VC firms before its decline.
If you still have funds on AscendEX, it's a good time to check your account and submit a withdrawal request as soon as possible.
Another reminder of why self-custody matters.
AscendEX has stopped exchange operations, with users now limited to account access and withdrawal requests only. The exchange says withdrawals are being manually reviewed, meaning delays or additional verification are possible.
Interestingly, this comes shortly after ZachXBT flagged multiple reports of stuck withdrawals and noted that AscendEX's public wallets appeared to hold very limited balances of major assets like ETH, USDT, and SOL.
It's worth remembering that AscendEX (formerly BitMax) was once a top-10 crypto exchange and had raised $50M from major VC firms before its decline.
If you still have funds on AscendEX, it's a good time to check your account and submit a withdrawal request as soon as possible.
WSJ: Trump-Linked AI Financial Explores Sale of Core Business
The company is reportedly in talks to sell its payments business for up to $15 million, as it restructures following steep declines in $WLFI token value and its own share price.
The company is reportedly in talks to sell its payments business for up to $15 million, as it restructures following steep declines in $WLFI token value and its own share price.
WLFI0.00%
PDCUS-2.75%
Verified
Zcash Co-Founder Wants to Change Bitcoin's 21M Supply Limit.
He argues that as more private keys are lost over time, Bitcoin's circulating supply will continue shrinking.
His proposal? Replace the fixed cap with a maximum annual issuance of 4% to maintain liquidity and support long-term adoption.
$ZEC
He argues that as more private keys are lost over time, Bitcoin's circulating supply will continue shrinking.
His proposal? Replace the fixed cap with a maximum annual issuance of 4% to maintain liquidity and support long-term adoption.
$ZEC
$BTC broke below the 200-Week EMA! As anticipated.
Lowest weekly close since September 2024. ☝️
The market is now entering the Capitulation phase. Time to pay attention.
If this fractal holds, below $40K could be the best accumulation zone for a long-term $240K Target. 🚀
Lowest weekly close since September 2024. ☝️
The market is now entering the Capitulation phase. Time to pay attention.
If this fractal holds, below $40K could be the best accumulation zone for a long-term $240K Target. 🚀
Verified
Pump.fun keeps selling $SOL : Today, it sold another 122,498 $SOL worth $10.08M.
So far, the platform has sold a total of 4.66M $SOL (~$794.8M) at an average price of $170.7 per coin.
That's nearly $800M worth of SOL sold into the market, something every SOL holder should keep an eye on.
So far, the platform has sold a total of 4.66M $SOL (~$794.8M) at an average price of $170.7 per coin.
That's nearly $800M worth of SOL sold into the market, something every SOL holder should keep an eye on.
Trump Orders Treasury To Cut Off All Trade With Spain
At The NATO Summit In Ankara, President Trump Said He Ordered Treasury Secretary Scott Bessent To Cut Off All Trade With Spain, Per Reuters And CNBC.
👉 "I Don't Want Anything To Do With Spain. Cut Off All Trade, Including Visits"
👉 He Wants No Business With Them, Called Madrid A "Terrible Partner" In NATO
👉 Bessent Replied "Yes, Sir"
Why: Spain Is The Only NATO Member Refusing The New 5% Defense Target, And Denied US Airspace For The Iran Operation.
At The NATO Summit In Ankara, President Trump Said He Ordered Treasury Secretary Scott Bessent To Cut Off All Trade With Spain, Per Reuters And CNBC.
👉 "I Don't Want Anything To Do With Spain. Cut Off All Trade, Including Visits"
👉 He Wants No Business With Them, Called Madrid A "Terrible Partner" In NATO
👉 Bessent Replied "Yes, Sir"
Why: Spain Is The Only NATO Member Refusing The New 5% Defense Target, And Denied US Airspace For The Iran Operation.
Trump Says Iran Ceasefire Is Over, Bitcoin Slips Toward $62,000
At The NATO Summit In Ankara, President Trump Declared The MoU And Ceasefire With Iran Over, Per CoinDesk And Fox News.
🔹 "The Memorandum Of Understanding Is Over, As Far As I'm Concerned"
🔹 "They're Scum, They're Liars, They're Cheats"
🔹 "It's A Waste Of Time To Keep Talking To Them"
$BTC Slipped Toward $61,700, Down About 1%, In A Broad Risk-Off Move After US Strikes On Iran Sent Oil Up And The Dollar Higher. Altcoins Fell Harder.
At The NATO Summit In Ankara, President Trump Declared The MoU And Ceasefire With Iran Over, Per CoinDesk And Fox News.
🔹 "The Memorandum Of Understanding Is Over, As Far As I'm Concerned"
🔹 "They're Scum, They're Liars, They're Cheats"
🔹 "It's A Waste Of Time To Keep Talking To Them"
$BTC Slipped Toward $61,700, Down About 1%, In A Broad Risk-Off Move After US Strikes On Iran Sent Oil Up And The Dollar Higher. Altcoins Fell Harder.
Long-term Bitcoin holders executed one of the cleanest cycle trades:
➤ Sold ~2M $BTC into the $126K rally.
➤ Bought it back after a ~50% drawdown.
Today, they hold a record 78% of all BTC in circulation, A powerful signal of continued long-term conviction.
➤ Sold ~2M $BTC into the $126K rally.
➤ Bought it back after a ~50% drawdown.
Today, they hold a record 78% of all BTC in circulation, A powerful signal of continued long-term conviction.
Verified
$TAC Just Crashed 93% of Its Value - A Brutal Reminder of Crypto's Biggest Risk.
This Is One of Crypto's Biggest Credibility Problems
#TAC (TAC Protocol) just suffered a massive collapse, wiping out around ~93% of its value Within Last 24 Hours.
Dumped From $0.05456 to $0.004024
When Crash like this happen and there's little transparency or accountability from projects or exchanges, it becomes much harder to build trust.
Then we wonder why retail investors hesitate to enter the market.
#CryptoPatel
This Is One of Crypto's Biggest Credibility Problems
#TAC (TAC Protocol) just suffered a massive collapse, wiping out around ~93% of its value Within Last 24 Hours.
Dumped From $0.05456 to $0.004024
When Crash like this happen and there's little transparency or accountability from projects or exchanges, it becomes much harder to build trust.
Then we wonder why retail investors hesitate to enter the market.
#CryptoPatel
JUST IN: Stablecoin transaction volume hit a fresh all-time high of $1.79T in June.
That's a 63% jump from May and 125% higher than a year ago, breaking February's previous record of $1.78T.
That's a 63% jump from May and 125% higher than a year ago, breaking February's previous record of $1.78T.
🇺🇸 Asset Allocation of Trump's Estimated $3.8B Net Worth:
🔹 Real Estate: 38%
🔹 Equities: 19.6%
🔹 Fixed Income (Bonds & Notes): 18.8%
🔹 Crypto Assets: 6.6%
Traditional assets still dominate, but crypto has secured a notable share.
🔹 Real Estate: 38%
🔹 Equities: 19.6%
🔹 Fixed Income (Bonds & Notes): 18.8%
🔹 Crypto Assets: 6.6%
Traditional assets still dominate, but crypto has secured a notable share.
🇺🇸 Judge Torres Denies Kalshi Preliminary Injunction In New York
The Same Judge From SEC v. Ripple Just Ruled Against Kalshi In SDNY.
🔹 NY Gambling Laws Are Not Preempted By The Commodity Exchange Act
🔹 Kalshi Failed To Show Likelihood Of Success On The Merits
🔹 Filed July 7 In KalshiEX v. Williams
Keep The Context Clear:
This Is A Preliminary Denial At The District Level, Not A Final Verdict. Appeal To The Second Circuit Looks Likely. It Deepens A Split Now Heading Toward The Supreme Court.
A Major Loss In The Financial Capital. Watch The Knock-On Effects.
The Same Judge From SEC v. Ripple Just Ruled Against Kalshi In SDNY.
🔹 NY Gambling Laws Are Not Preempted By The Commodity Exchange Act
🔹 Kalshi Failed To Show Likelihood Of Success On The Merits
🔹 Filed July 7 In KalshiEX v. Williams
Keep The Context Clear:
This Is A Preliminary Denial At The District Level, Not A Final Verdict. Appeal To The Second Circuit Looks Likely. It Deepens A Split Now Heading Toward The Supreme Court.
A Major Loss In The Financial Capital. Watch The Knock-On Effects.
Polymarket Enables Instant Bitcoin Lightning Deposits Via Spark
Polymarket Just Turned On Instant Bitcoin Deposits Over The Lightning Network, Powered By Spark, Per Bitcoin Magazine.
▶️ Old Route: 3 To 6 Confirmations, Up To 60 Minutes
▶️ Spark: Funds Credited In Under A Second
▶️ Self-Custodial, Tied To Your Own Keys
One Nuance:
Zero-Conf Rests On A Trust Assumption. Spark Operators Co-Sign Transfers, So It Is Not Pure Trustless Lightning Yet. But You Can Always Exit To Bitcoin L1.
A Real UX Win. Now The First Big Test Of Spark At Scale.
Polymarket Just Turned On Instant Bitcoin Deposits Over The Lightning Network, Powered By Spark, Per Bitcoin Magazine.
▶️ Old Route: 3 To 6 Confirmations, Up To 60 Minutes
▶️ Spark: Funds Credited In Under A Second
▶️ Self-Custodial, Tied To Your Own Keys
One Nuance:
Zero-Conf Rests On A Trust Assumption. Spark Operators Co-Sign Transfers, So It Is Not Pure Trustless Lightning Yet. But You Can Always Exit To Bitcoin L1.
A Real UX Win. Now The First Big Test Of Spark At Scale.
Partly True
$XRP Ledger RWA Tokenization Crosses $4 Billion
Tokenized Real-World Assets On XRPL Jumped From $150 Million To Over $4 Billion In One Year, Per Evernorth.
🔹 500+ Tokenized Products Live
🔹 XRP ETF Inflows Hit 8-Week Streak, $1.49B Cumulative
🔹 New Wallets Up 40% Per Week
But The Fine Print Matters:
$2.2B Of That Is One Energy Token Held By Just 19 Wallets. Only $385M Is Actually Held On-Chain. The Rest Is A Registry, Not A Live Market.
Tokenized Real-World Assets On XRPL Jumped From $150 Million To Over $4 Billion In One Year, Per Evernorth.
🔹 500+ Tokenized Products Live
🔹 XRP ETF Inflows Hit 8-Week Streak, $1.49B Cumulative
🔹 New Wallets Up 40% Per Week
But The Fine Print Matters:
$2.2B Of That Is One Energy Token Held By Just 19 Wallets. Only $385M Is Actually Held On-Chain. The Rest Is A Registry, Not A Live Market.
🇷🇺 Russia Crypto Bill Moves To Second Reading: Digital Currency Law Now Targets July 21 Vote.
Confirmed:
▶️ Passed First Reading 327-13
▶️ Bank Of Russia Licenses Exchanges And Brokers
▶️ Crypto Legal For Foreign Trade, Banned For Domestic Payments
▶️ Law Takes Effect September 1
Russia Is Building A Controlled, Sanctions-Resistant Crypto Market. Not Retail Freedom.
July 21 Is The Date To Watch.
Confirmed:
▶️ Passed First Reading 327-13
▶️ Bank Of Russia Licenses Exchanges And Brokers
▶️ Crypto Legal For Foreign Trade, Banned For Domestic Payments
▶️ Law Takes Effect September 1
Russia Is Building A Controlled, Sanctions-Resistant Crypto Market. Not Retail Freedom.
July 21 Is The Date To Watch.
ETF FLOWS: US SPOT CRYPTO ETFs FLOWS DATA UPDATE (07-07-2026) YESTERDAY
🟩 Bitcoin ETFs: +337 $BTC (+$21.44M)
🟩 Ethereum ETFs: +15,090 $ETH (+$26.93M)
🟩 SOLANA ETFs: +20.61K $SOL (+$1.67M)
🟩 HYPE ETFs: +61.72K $HYPE (+$4.32M)
🟩 $XRP, $LINK, $DOGE, $BNB, $LTC, $AVAX, $DOT, $HBAR Flows Was Zero.
TOTAL US SPOT CRYPTO ETFs INFLOW: ≈ +$54.36M
U.S. BITCOIN ETFs BOUGHT ~337 BTC Worth $21.44M
🇺🇸 BlackRock ETF Has BOUGHT ~861 BTC for $54.80M And 15,090 ETH for $26.93M
🇺🇸 Fidelity ETF Has SOLD ~391 BTC for $24.92M
🇺🇸 ARK 21Shares ETF Has SOLD ~133 BTC for $8.44M
Fact: U.S. Spot Bitcoin ETFs BOUGHT Nearly 1 Days Mined BITCOIN Supply Yesterday.
🟩 Bitcoin ETFs: +337 $BTC (+$21.44M)
🟩 Ethereum ETFs: +15,090 $ETH (+$26.93M)
🟩 SOLANA ETFs: +20.61K $SOL (+$1.67M)
🟩 HYPE ETFs: +61.72K $HYPE (+$4.32M)
🟩 $XRP, $LINK, $DOGE, $BNB, $LTC, $AVAX, $DOT, $HBAR Flows Was Zero.
TOTAL US SPOT CRYPTO ETFs INFLOW: ≈ +$54.36M
U.S. BITCOIN ETFs BOUGHT ~337 BTC Worth $21.44M
🇺🇸 BlackRock ETF Has BOUGHT ~861 BTC for $54.80M And 15,090 ETH for $26.93M
🇺🇸 Fidelity ETF Has SOLD ~391 BTC for $24.92M
🇺🇸 ARK 21Shares ETF Has SOLD ~133 BTC for $8.44M
Fact: U.S. Spot Bitcoin ETFs BOUGHT Nearly 1 Days Mined BITCOIN Supply Yesterday.
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