Cryptonews

While whales are quietly draining tokens from exchanges, retail traders are snoozing away. 💤 Despite the silent accumulation, prices remain rangebound. 📉

The budget proposal, which sailed through in the late hours of July 3, almost entirely along partisan lines, with only two Republicans daring to vote against it, significantly boosts the US government’s borrowing power. This has, unsurprisingly, earned it a fair share of criticism from Democrats and even some of Trump’s own allies, like the ever-vocal Elon Musk. 🚀

PEPE’s price has been swinging wildly, with a 16.5% trading range that highlights just how quickly sentiment can shift in a market that’s increasingly sensitive to geopolitical and macroeconomic signals, especially when trading volumes are low. 📈📉

Behold, the wallet “12tLs” has sprung to life, transferring a sumptuous sum of 10,000 Bitcoin (BTC), worth an eye-popping $1 billion. Such a hoard! Who knew our slumbering giants had such treasures tucked away? A swift flick of their fins, and behold—wealth is unleashed! 🐋💸

So, what’s behind this massive burn, and why is the price still dropping? Let’s dive in and find out!

This trend reflects a growing appetite among Nigerian investors for emerging opportunities as the broader markets navigate the aftermath of the geopolitical tensions between Iran, Israel, and the US.

These wallets transferred their balances to new addresses, sparking fears of long-term holder capitulation. 

This jolly news comes courtesy of SlowMist’s mid-year “Blockchain Security and AML Report.” The score: $2.37 billion spirited away in just 121 incidents in H1 2025. The kicker? That’s nearly 66% more cash lost than at this time in 2024, although—miracle of miracles—the number of incidents actually went down. It’s like fewer bank robbers, but each one left riding a gilded carriage.

Over at Binance, if you listened close, you could hear a thundering—a hundred million bucks in net taker volume, not from the timid but the hungry, the bold, each one outbidding a neighbor for a little slice of hope before the government flashed its numbers. Classic human nature: just before the dawn, someone’s always buying candles.