☕️ GM! Here are the top events in
#Crypto from the past 24 hours
📊Market Updates
🔸Bitcoin hit a record $124K on rate cut hopes and ETF demand, with analysts expecting momentum to hold through year-end despite consolidation.
🔸Spot ETH ETFs added $523.9M in inflows Tuesday, extending a six-day streak to $2.33B and lifting holdings to $27.6B total.
🔸Standard Chartered hikes ETH year-end target to $7,500 and 2028 target to $25,000, citing treasury and ETF demand plus stablecoin growth.
🔸Bullish shares soared over 150% to $93.83 in NYSE debut after raising $1.11B at $37 per share, backed by Peter Thiel.
🔸Grayscale registered Cardano and Hedera Trust ETFs in Delaware, hinting at upcoming SEC S-1 filings amid altcoin ETF momentum.
🔸Donald Trump Jr. sold a large stake in Thumzup, which raised $50M to buy BTC, ETH, SOL, XRP and expand into crypto mining.
🔸Norway’s sovereign wealth fund now holds indirect exposure to 7,161 BTC worth $863M via firms like Strategy, Block, Coinbase, MARA, and Metaplanet.
🔸Kazakhstan’s Fonte Capital will launch Central Asia’s first spot Bitcoin ETF, BETF, on Aug. 13 via AIX, custodied by BitGo with $250M insurance.
🔸OKX will burn 65.26M OKB and cap supply at 21M, sparking a 170% price surge to $124 after major tokenomics overhaul.
🌟Highlights
🔸Google Play Store now requires FinCEN, state banking, or MiCA licenses for wallet apps, effectively banning most non-custodial wallets.