Bitcoin dropped to $114,100 just before 14:00 UTC, then bounced back to nearly $115,900. It’s now trading around $115,480. In the past hour, over $19 million in $BTC and $30 million in $ETH were liquidated, mostly long positions.
The UK’s FCA will soon allow retail investors to access crypto exchange-traded notes (cETNs) for the first time. This marks a shift from the previous ban and brings the UK closer in line with the US, EU, and others. Retail access will only apply to cETNs listed on FCA-approved exchanges.
Bitcoin dropped to around $114,100 earlier this morning but quickly bounced back above $115,000. Price is now holding near $115,160, showing signs of short-term recovery after a sharp dip.
On July 31, Ethereum spot ETFs saw $17 million in net inflows. That makes 20 days in a row of money coming in. Bitcoin spot ETFs had a $115 million net outflow, the first in six days.
We didn’t even expect spot Bitcoin ETFs to get approved so quickly just 2 years ago. Now the SEC is launching “Project Crypto” - a new initiative to help modernize securities rules and support President Trump’s push to make the U.S. the crypto capital of the world. The pivot is historic.
Jamie Dimon says JPMorgan “will have” a stablecoin. The CEO of America’s biggest bank told CNBC that stablecoins could do things “traditional cash can’t,” adding, “It’s what the customer wants.” Dimon has been critical of Bitcoin in the past, but this is a clear nod to crypto’s growing role in finance.
.@Tether_to made $4.9B in profit in Q2 2025, bringing total profit for the year to $5.7B. That includes $3.1B from core business and $2.6B from BTC and gold holdings. It’s the strongest quarter in Tether’s history.
As of today, the Altcoin Season Index has climbed to 41, up from 35 the day before. This means 41 out of the top 100 coins have outperformed Bitcoin over the past 90 days.
Ether treasuries have now topped $10 billion, as more companies add $ETH to their balance sheets. According to SER data, 64 entities holding over 100 ETH each now control a combined $10.58B, or 2.26% of ETH’s total supply.
xTAO is now the largest publicly traded holder of $TAO, with 41,538 tokens worth around $15.8 million. The firm says it still holds cash for more TAO purchases. This puts xTAO ahead of TAO Synergies (TAOX), which recently disclosed holding 29,899 TAO worth $10 million.