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Tether, as a builder, is embedding itself into multiple layers of the Bitcoin ecosystem, delving into the nerve center of the new global financial order.
Ethereum’s price has dropped sharply amid rising geopolitical tensions between Israel and Iran. Market indicators suggest continued bearish sentiment, with traders betting on further losses.
Bitcoin is under pressure following geopolitical instability in the Middle East, with technical indicators suggesting the possibility of further price declines. If selling momentum continues, BTC could dip toward lower support levels.
Bitcoin ETFs continue to see inflows, but a slowdown in momentum and declining BTC prices raise questions about future market sentiment
Pi Network’s price crash to $0.40 signals a significant downturn, but a recovery is possible if investors capitalize on the low price. Watch for key support levels at $0.51 and $0.45.
With over $3.5 billion in Bitcoin and Ethereum options expiring today, market volatility is expected. Despite bearish sentiment, Ethereum shows strong upside flows, leading to potential price swings.
SharpLink Gaming’s shares nosedived by 70%, driven by widespread confusion over regulatory filings tied to its $425 million Ethereum treasury strategy. The sharp drop, rather than the treasury move itself, dominated financial discussions and left investors scrambling to understand the fallout. As speculation spread about the causes behind the plunge, SharpLink chairman Joseph Lubin offered … <a href="https://beincrypto.com/sharplink-gaming-shares-plunge-70-chairman-joseph-lubin-offers-clarification/
- 02:32South Korean Crypto Firm Executive Stabbed in Court Over Fraud Allegations, Sentenced to 5 Years on AppealAccording to ChainCatcher, citing Yonhap News Agency, a man in his 50s has been sentenced to five years in prison on appeal for stabbing a cryptocurrency company executive in court. The executive was on trial for allegedly defrauding 1.4 trillion won in crypto assets. The attacker claimed that his actions were justified due to the financial losses caused by the victim. However, the court held that such acts of private retribution cannot be justified, even during a public trial.
- 02:32The Pudgy Penguins NFT Fair Launch Price Was Only About $63 Four Years Ago, Now a Single NFT Has Delivered a 94,780% Return on InvestmentOn July 23, it was reported that four years ago today, the Pudgy Penguins NFT series was fairly launched at a price of 0.03 ETH. At that time, ETH was priced at around $2,100, making the cost of a single "Pudgy Penguin" NFT just $63. As of press time, without factoring in the gains from LilPudgys and the PENGU token airdrop, the floor price of a single "Pudgy Penguin" NFT now stands at 15.97 ETH, approximately $59,700, representing a 94,780% increase from the initial investment.
- 02:17South Korean regulators order halt to ETFs increasing holdings in crypto company stocks such as those of a certain exchangeAccording to ChainCatcher, The Korea Herald reports that the Financial Supervisory Service of South Korea has recently issued verbal guidance to domestic asset management companies, instructing them not to increase their holdings of stocks from certain exchanges, strategy firms, and other crypto-related companies within ETFs. The regulator reiterated that the "Emergency Measures on Virtual Currencies" enacted in 2017 remain in effect, and this administrative guidance explicitly prohibits formal financial institutions from holding or purchasing virtual assets, acquiring related collateral, or making equity investments. Data shows that several ETFs listed in South Korea currently have more than 10% of their holdings in virtual asset-related targets. Among them, the "ACE U.S. Stock Bestseller ETF" managed by Korea Investment Trust holds a 14.59% stake in a certain exchange. The Financial Supervisory Service's latest guidance aims to control the risk exposure of traditional financial products to virtual assets.