Pro Analysis

A mysterious whale (possibly a miner) has deposited 6,494 $BTC($420.5M) to #Binance over the past 3 weeks. https://arkm.com/explorer/address/bc1qsylwjhesm58uw9vsp7vwgadq5fqna4e3e8qnpd

SECRET SERVICE RECOVERS $25 MILLION IN CRYPTO FROM FIVE INVESTIGATIONS The Secret Service seized $25 million in cryptocurrency through five investigations into international fraud schemes, with $12.1 million from romance scams and $8.6 million from fraudulent investment platforms, affecting thousands of victims worldwide. The largest complaints involve romance scams and fraudulent investment platforms. This recovery is a result of multiple investigations conducted by the Cyber Fraud Task Force.

🚨 STRATEGY AND BLACKROCK FORM $15M BITCOIN SECURITY CONSORTIUM Strategy and BlackRock formed a consortium with 7 other firms to fund post-quantum cryptography research with $15 million. The consortium aims to prepare for the quantum computing threat. This move involves 9 firms in total.

JUST IN: 🇺🇸🇮🇷 Brent Crude Oil surges 5% to $100 after President Trump threatens "massive attack" on Iran.

JUST IN: SpaceX $SPCX closes below its IPO price for the first time since it went public.

🚨 BITCOIN ETF SEES $424 MILLION OUTFLOWS US spot Bitcoin ETFs saw $424 million in net outflows, a significant development in the market, with traders and builders closely watching the impact on liquidity and risk, and compliance teams assessing operational changes, as the market shifts toward practical considerations.

LAB TOKEN CRASHES 97% AFTER ONCHAIN INVESTIGATION ZachXBT linked an entity funded by the LAB team to the token's 97% price crash, with the team rejecting any project-level cause, in a Telegram post.

🇮🇷 Iran says the Strait of Hormuz is closed until "stability is restored." 🇺🇸 US says the Strait of Hormuz is open to all vessels.

BONZO LEND LOSES $9M IN ORACLE EXPLOIT ON HEDERA An attacker manipulated SAUCE token pricing through a vulnerability in Supra's oracle verifier to drain $9M from Bonzo Lend, a lending protocol built on Aave v2 architecture, after exploiting a flaw in the oracle verification layer, with the attacker borrowing roughly $9 million in other assets. The protocol supports multiple assets including HBAR, USDC, and SAUCE. This incident occurred due to the attacker inflating SAUCE valuation.

COINBASE CHIEF LEGAL OFFICER PAUL GREWAL TO TRANSITION TO ADVISORY ROLE Paul Grewal will transition to an advisory role at Coinbase on July 31, with Molly Abraham and Ryan VanGrack stepping into new roles as general counsel and vice chair. Grewal led the exchange's legal team through the 2023 SEC enforcement action. His departure may impact crypto policy and regulation in the US.

BONKDAO LOSES $20M TO MALICIOUS GOVERNANCE PROPOSAL BonkDAO lost $20M to a malicious governance proposal, with the attacker routing through a governance vote, the DAO has identified exchange wallets used to buy BONK ahead of the proposal. The DAO is working with exchanges and law enforcement. This exploit is one of the largest reported this year.

EU BLOCKS RETAIL INVESTORS FROM PREDICTION MARKETS ESMA prohibited the sale of event contracts to retail clients, citing they are financial instruments, with a binary payout structure, and fall under MiFID II, affecting firms like Kalshi, valued at $22 billion. This affects EU investment services.

JUST IN: 🇺🇸 President Trump's investment accounts made 327 undisclosed stock purchases one day before he paused major tariffs, NBC reports.

JUST IN: 🇨🇦🇺🇸 Canada unveils plans for oil pipeline to Asia to become an "energy superpower" and break dependence on US.

XRP SURGES ABOVE $1.08, TRIGGERING $634 MILLION IN CRYPTO SHORT LIQUIDATIONS XRP surged above $1.08, triggering $634 million in crypto short liquidations, with 80.6% of liquidations on short trades, after breaking through resistance at $1.0525. The move caught bearish investors off guard, with 73% of total losses from short positions. This occurred after a calm period between $1.02 and $1.06.

I’m eyeing this micro-cap right now. The price is sitting around $0.00011, with a market cap of roughly $110,000. https://dexscreener.com/solana/et9ssnueqccsao7bq7lutguakhjnumopczzfuvgdczzs

ROBINHOOD EXPANDS TO LONDON WITH L2 BLOCKCHAIN AND AI TOOLS Robinhood Markets launched its biggest global expansion in London, deepening its push into crypto and DeFi with L2 blockchain and AI tools, during its event on Wednesday. The company unveiled its plans, aiming to expand its services. This move marks a significant expansion for Robinhood.

🚨 TRUMP REPORTS OVER $1 BILLION IN CRYPTO EARNINGS AMID INDUSTRY DOWNTURN Donald Trump's financial disclosure reveals over $1 billion in earnings from cryptocurrency ventures, including $635 million in memecoin royalties and over $500 million from token sales linked to World Liberty Financial. These earnings occurred as the broader crypto market experienced a significant slump, with Bitcoin falling approximately 50% from its peak. Trump also holds substantial investments in Ethereum and Bitcoin.

BLACKROCK DEPOSITS $227M BITCOIN AND $25M ETHEREUM INTO COINBASE BlackRock deposited 4,385 Bitcoin and 30,725 Ethereum into Coinbase, valued at $227 million and $25 million. The transfers are part of routine ETF operations. Individual transactions regularly fall between $250 million and $650 million. This reflects institutional-grade management.

Tom Lee's 'BitMine' buys 27,084 $ETH worth $43 million.