#Gate July Transparency Report#
Security and transparency have always been my top priorities. Gate stood out again with its transparency report for July.
In my opinion, the noteworthy developments are as follows:
• The number of users has exceeded 34 million. This indicates that the network is vibrant and has high growth potential.
• The derivative trading volume increased by 46.5% in a month, reaching $740 billion. The market volume is strong, gaining depth outside of spot.
• Launchpad projects attracted significant interest: an average demand of over 7,300 times was received for each. The

MicroStrategy has taken a step towards flexibility in its share utilization policy; they will now be able to sell shares even below the adjusted net asset value (mNAV) level of (. Previously, there was a requirement to sell only at high prices, and this step expands the strategic maneuvering space for the institution.
I think like this:
• Even if the stock price is lower, they have gained a wide margin to raise funds and continue BTC purchases.
• With this change, weekly BTC purchases have become more active — rising from 155 to 430.
• In my opinion, this is a serious strategic revision: th

#Institutions Hold 10M+ ETH#
As someone who has been investing in Ethereum for a long time, I see this reality clearly: Institutions hold over 10 million ETH. This makes me think: The market has now gone beyond individual excitement; serious capital is shaping with long-term strategies.
I think like this:
• Thanks to ETF approvals, major players gained easy access to ETH.
• The staking yield model has become a favorite among those seeking regular passive income.
• The growth of DeFi and the ecosystem ensures that Ethereum remains strong in the long term.
• Private custody solutions facilitate

#Bit Digital’s Pivot Pays Off#
Bit Digital (NASDAQ: BTBT) has undergone a strategic transformation moving away from Bitcoin mining: it has evolved into a company focused on Ethereum (ETH) staking and treasury. This move has provided noteworthy gains from both financial and operational perspectives.
Why is this transformation standing out?
1. Financial Success Reflected in the Results
• The Q2 2025 revenues amounted to 25.7 million dollars, representing an annual decrease of 11.7%. However, net profit rose to 14.9 million dollars from a loss of 12 million dollars in 2024.
• This allowed the c

#Fed Ends Novel Activities Supervision#
The "novel activities supervision" program, launched in 2023 to specifically oversee banks' innovative activities such as crypto and fintech, has been terminated by the Federal Reserve.
From now on, such activities will be monitored not only through a separate process but also integrated into the Fed's daily oversight routine.
This step indicates that the Fed has sufficiently grasped the risks in this area and no longer requires a special oversight mechanism.
So "crypto regulation" is no longer special; it is becoming a normalized process.
According to t

#BTC ETFs Top $153B in Holdings#
Bitcoin ETFs have crossed a new threshold in crypto history: Assets under management exceed 153 billion dollars.
This figure represents not only a magnitude but also the changing perception in the financial world. Bitcoin is no longer just of interest to individual investors; it is securing a permanent place in institutional portfolios.
One of the highlighted details is that BlackRock's iShares Bitcoin Trust (IBIT) fund has reached approximately $80 billion in AUM on its own. This clearly demonstrates how strong the momentum of the leading funds in the market h

#July PPI Beats Expectations#
The Producer Price Index announced today, ( PPI ) data exceeded market expectations. This table shows that there are still strong pressures underlying inflation and that prices continue to trend upward.
From my perspective, the critical aspect of this data is not just the number itself; it is the fact that the Fed's subsequent actions may bring this back into focus, as the increase in producer prices could also reflect on consumer prices.
Market impact:
The strengthening trend in the dollar index may accelerate.
• Upward movements may be seen in US Treasury bond

BULLISH: Michael Saylor's Strategy holds more $BTC than 75% of countries hold in gold.

#July PPI Beats Expectations#
The Inflation Surprise Shook the Markets
In July, the Producer Price Index (PPI) came in at 0.9% on a monthly basis. The expectation was only 0.2%. On an annual basis, it reached 3.3%, the highest level in recent years. Core PPI—i.e., inflation excluding food and energy—was again above expectations at 0.6% month-on-month.
This result cast a shadow over the markets' expectations of "interest rate cuts on the way."
Impact on Crypto: Reaction Instant and Severe
• After testing a new all-time high, Bitcoin quickly pulled back to the $118K region.
• While Ethereum at

#ETH Countdown To A New High#
Ethereum is racing to the top
Ethereum rose to $4,709 today, getting one step closer to the highest levels of 2025. The bullish sentiment in the market following Bitcoin's new ATH has also increased the buying appetite for ETH.
Current Market Outlook
• ETH: $4,709 Very close to the all-time high of $4,864.
• BTC: $120,396 Horizontal movement after the new ATH.
• Volumes in altcoins are clearly increasing.
Technical Levels
Support Levels
Resistance Levels
ETH
$4,650 – $4,680
$4,764 → $4,864
BTC
$118,500 – $119,200
$121,800 – $125,000
Short-Term Expectation
• B

#BTC Hits New ATH#
Historic Peak from Bitcoin
Bitcoin reached a record high price of $120,396 today.
The CPI data coming in below expectations and the strengthening of Fed rate cut expectations have brought buyers back onto the stage.
Market General Status
• BTC: $120,396 Slight profit-taking is observed after the new ATH.
• ETH: $4,696 is hovering near resistance levels.
• The total cryptocurrency market cap is approaching the $4 trillion mark again.
Technical Levels
Support and resistances;
BTC
$118,500 – $119,200
$121,800 – $125,000
ETH
$4,650 – $4,680
$4,764 → $4,900
Short-Term Expec

No Surprise on Inflation in the US, Markets Relaxed 📊
The US inflation data for July has been released. The annual CPI remained at 2.7%, maintaining the level of June, and was slightly below the market expectation of 2.8%.
📌 Key figures:
Headline Inflation (Annual ): %2.7 – Slightly below expectations
Core Inflation (Annual ): %3.1 – Slightly above expectations
Monthly CPI: 0.2% – Consistent with forecasts
Monthly Core CPI: 0.3% – Met expectations
💹 Market Reaction:
The Dollar Index closed at 98.35, down 0.15%.
USD/CHF has become the most depreciated pair (-%0.35)
EUR/USD rose towards 1.165

Big Move from Circle: Arc Blockchain! 🚀
Circle has announced its new project Arc, which will make waves in the crypto world. This new Layer-1 blockchain operates on the Ethereum Virtual Machine (EVM) and uses USDC as the gas token for all transactions. This means that USDC will now be at the center of both payment and asset tokenization operations.
Arc comes fully integrated with Circle's Payment Network. This will enable fast, low-cost stablecoin and currency transfers. According to the litepaper, it achieves 3,000 TPS speed and transaction times under 350 ms with 20 validators. With smaller

#ETH Breaks $4700#
Ethereum has reached a critical level today, surpassing $4,659.
In the last 24 hours, ETH has recorded an increase of over 8% with a strong buying wave, continuing into August with bullish momentum.
The highest level during the day was $4,674, and the lowest was $4,265.
Support & Resistance Levels
Resistances:
• $4,764 – The first level likely to be tested in the short term
• $4,910 – The next target if the rise gains momentum
• $5,196 – Long-term psychological threshold, if broken, potential for new ATH
Supports:
• $4,433 – Daily trend support
• $4,068 – Medium-term p