And if you thought the show was over, think again! July 2025 marked the dawn of yet another productive quarter for these digital darlings in the United States. The latest market data suggests that July might just be the best month ever for these crypto-linked funds, with a staggering influx of billions of dollars over the 30-day period. 🤑
Ethereum [ETH] was trading below the $3,550 level that has acted as a support since the 18th of July. If you thought this was a support, you might want to check if you’re still in the right universe. 🌌
“It has been an honor of a lifetime to serve on the Board of Governors of the Federal Reserve System. I am especially honored to have served during a critical time in achieving our dual mandate of bringing down prices and keeping a strong and resilient labor market.”
Bitcoin (BTC), once the darling of libertarians and tech bros alike, slid from its July peak of $123,200 to $112,107 by Saturday. Meanwhile, altcoins like Pi Network (PI), Ethena (ENA), Conflux (CFX), and yes, *Fartcoin* (because apparently nothing is sacred anymore), have entered bear territory after dropping over 10% from their highs. Truly, the only thing inflating faster than these losses is the absurdity of naming a cryptocurrency after flatulence 💨.
Pham’s big idea? Clear out the fog of confusion, assign some shiny new responsibilities, and whip up a fancy, unified oversight framework. Essentially, they’re trying to create a sandbox where the industry can grow—fast, maybe too fast, but hey, what’s life without a little risk? 🎢
Market participants, those brave souls who’ve not yet fled the crypto circus, watch BNB’s every twitch as if it might sprout wings or collapse into a pile of digital confetti 🎪. Analysts insist its “correction” is merely a “healthy pullback,” which in plain English means “don’t panic… yet.” 🐂🐻
Arthur Hayes (@CryptoHayes) just dumped 2,373 ETH (worth $8.32M), 7.76 million ENA (a cool $4.62M), and a staggering 38.86 billion PEPE (about $414.7K) in a frenzy the past 6 hours. No amateurs here, just a whale on the rampage! 🚀
The first day of August arrived not with the gentle whisper of hope but with the thunderous roar of capitulation. Both Bitcoin and ether ETFs were cast into the fiery abyss of red ink, undoing weeks of steady gains. Bitcoin ETFs bled an astonishing $811.25 million, marking the largest outflow since February and the second-largest in history. A sudden shift in investor sentiment? Or perhaps the realization that even digital gold cannot escape the whims of mortal greed? Who can say? 🤷♂️
Why all the fuss? Well, these altcoins aren’t just riding into town on a mule; they’ve got strong fundamentals and momentum that could make even the most skeptical prospector rub their hands with glee. But as we all know, the crypto frontier is as unpredictable as a rattlesnake in a rainstorm. So buckle up, partner, because August might just be the wildest ride yet. 🐍🎢
That same day, the jobs report came out — and let me tell you, it wasn’t exactly a Hollywood blockbuster. Only 79,000 jobs added, instead of the expected 104,000. Sounds like the economy’s having a mild case of the sniffles, but investors? They freaked out. Especially when it turned out the guy responsible for tallying those numbers, Erika McEntarfer of the BLS, might have just been fired for doing her job—Trump called her figures “rigged,” as if the numbers themselves auditioned for a con artist gig.
