Today's Highlights
1. Money Frontier 2026 to Take Place in Hong Kong
2. Experience Show Asia 2026 - Malaysia to Occur on 28-29 July
Macro News
BlackRock ETF Sells $212.15 Million Worth of Bitcoin
BlackRock's IBIT ETF saw a massive outflow of $212.15 million in a single day, reflecting renewed institutional selling pressure on Bitcoin.
Vietnamese Analyst Warns of ETF Fund Failures if BTC Drops Below $50K
A Vietnamese analyst suggests that if Bitcoin falls below $50,000, several Bitcoin ETFs may announce early bankruptcies, highlighting ongoing risks in the ETF sector.
James Wynn Realizes $45 Profit from SP500 Short Trade
James Wynn closed part of his S&P 500 short position for a $45 profit, though he still holds a large position with a cumulative loss of $23.4 million.
NVIDIA and SK Group Announce $50 Billion AI Initiative
NVIDIA and SK Group have partnered on a $50 billion AI initiative, with SK supplying high-performance semiconductors and Samsung providing chips to global tech firms.
CLARITY Act Faces Major Hurdles Before US Senate Summer Break
The CLARITY Act is encountering significant legal and political obstacles before the US Senate summer recess, with major financial institutions involved in the ongoing debate.
Industry Hotspots
Three Protocols Suffer Over $35 Million in Security Breaches
In a 24-hour period, AFX Trade, Verus, and B² Network suffered combined losses exceeding $35 million due to security vulnerabilities in their bridges and contracts.
Crypto Whale Activity Hits Highest Level Since March
Crypto whale transactions reached a 5-month high in a single day, with new wallet creation also hitting a two-month high, despite flat token prices.
Stablecoin Usage Surpasses $1.79 Trillion in June
June saw stablecoin transfer volume reach approximately $1.79 trillion, though much of this activity is not directly tied to retail spending.
Litecoin VM Surpasses 140 Million Transactions
Litecoin’s virtual machine has now processed over 140 million transactions, reflecting growing adoption and usage of the blockchain.
KOL and Institutions
@elonmusk
Elon Musk showcased Neuralink's trial participants using brain implants to control powered wheelchairs, marking a significant step toward real-world mobility applications.
@CalebRichardsT4
The market was driven by oil prices and geopolitical events. High leverage trading on weekends is discouraged due to increased volatility and risk.
@javedahmedhere
Bitcoin fell to $64,030, Ethereum to $1,858, and Solana to $74.07. Market sentiment remains fearful, with the Fear & Greed Index at 27.
@Crypto_orbit06
Market cap is calculated as price multiplied by circulating supply. This illustrates why price alone can be misleading when comparing different cryptocurrencies.
@shlomiz
U.S. markets closed mixed on July 24, with the S&P 500 up 0.05% and the Nasdaq down 0.64%. The Dow Jones rose 0.45%, while the Russell 2000 fell 0.35%.
@PythNetwork
Pyth Network delayed its core migration deadline from July 31 to August 18, giving developers more time to prepare for the major infrastructure upgrade.
@BitPaine
Historical Bitcoin highs in 2024 and 2025 followed a power law pattern. A comparable high today would be around $175,000, with bull markets potentially reaching $300,000–$700,000.
@MyriadMarkets
Asking for Bitcoin and Ethereum price predictions at 4 PM UTC, highlighting ongoing interest in short-term price movements.
@yourfriendSOMMI
Critiques the "take profit" strategy, noting that many altcoin holders have not seen returns since 2021, despite widespread optimism.
@gemini_edge
July 24 saw mixed market performance with semiconductor stocks under pressure. Intel fell 7.89%, while Apple rose 3.54%.
This content is generated by AI for informational purposes only and does not constitute investment, financial, or trading advice.