📰 Market Overview:
Bitcoin Declines Under $116K
Markets saw a sharp pullback last week, with BTC dipping to around $115,150, down ~2.9% on July 25. Solana and XRP also fell up to 5%. However, Ethereum bucked the trend, climbing modestly (~0.5%) toward $3,346 .
Massive Market Cap Drop:
Amid profit‑taking and macro uncertainty, over $160 billion in value was erased globally—Bitcoin down ~2.7%, and a notable drag on ETH and broader altcoins .
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🏦 Institutional & Corporate Moves:
Crypto Treasuries in Motion
Trump Media & Technology Group (TMTG) announced a $2 billion Bitcoin purchase, echoing corporate crypto‑reserve strategies seen in MSTR and Bitmine, boosting investor confidence at a time when BTC trades near its all‑time highs .
Rising ETH Interest
Ethereum institutional inflows remained strong, with Fidelity alone contributing over $210 million, signalling continued conviction in ETH’s future amid broader ETF traction .
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📜 Regulatory Milestones:
U.S. Passes the GENIUS Act
The new legislation establishes a comprehensive regulatory framework for dollar‑backed stablecoins, fostering greater clarity and adoption—but full rollout may take up to 18 months .
Corporate Tokenization Expands:
Goldman Sachs and BNY Mellon are teaming up to tokenize money‑market funds, enabled by regulatory certainty from the GENIUS Act, which proponents say could cut settlement costs and unlock fractional ownership opportunities .
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🚨 Scams & Security:
Major WFH Crypto Scam Uncovered
In Delhi, authorities arrested a group—including the so‑called “Crypto Queen”—for a scam using USDT to launder ₹17 lakh, underscoring persistent risks around crypto fraud in emerging markets .
Exchange Cyber Breach Hits CoinDCX
India’s CoinDCX temporarily halted Web3 trading after a cyberattack. Co‑founders confirmed all customer funds remain secure as investigations proceed .
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🧠 Local Spotlight: Pakistan:
PVARA Takes Off
Pakistan launched its Virtual Assets Regulatory Authority (PVARA) in July 2025 to oversee virtual asset licensing, compliance, and align digital assets with Islamic finance principles .
State‑Led Crypto Strategy
Pakistan's government rolled out a national Strategic Bitcoin Reserve and allocated 2,000 MW of surplus electricity for crypto mining and AI data centres, positioning the country as a blockchain innovation hub .
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🔭 What to Watch Next:
Area:Key Signals
Price action Support at $115–116K for BTC, $3,300–3,600 for ETH
Institutional flows Monitoring ETF inflows/outflows, corporate treasury strategies.
Regulatory rollout Implementation of the GENIUS Act, tokenization frameworks.
Security environment Evolving fraud and exchange breach patterns.
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💬 Final Thoughts
Bitcoin's current consolidation isn’t a collapse—but hints at healthy recalibration following rapid gains. Ethereum continues to attract institutional interest amid steady inflows, while regulatory clarity from the GENIUS Act and large-scale tokenization initiatives promise to reshape the institutional landscape. That said, the rise of scams and cybersecurity threats remains a concern for retail adoption.
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🔗 Featured Binance News
Binance has rolled out tokenized RWA support for off‑exchange collateral, launched new ZORAUSDT and TAGUSDT USDS‑Margined perpetuals, and kicked off a fee promotion for futures traders .
Notably, the Aspecta (ASP) token debuted on Binance Alpha on July 24, with an exclusive 125‑ASP airdrop for eligible users .
