A well-known cryptocurrency analyst has sparked a debate within the Bitcoin community by suggesting that early Bitcoin investors are losing faith in the asset due to its increasing adoption by institutions. Scott Melker, also known as The Wolf of All Street, mentioned in a recent post that many original whales have started selling their Bitcoin at current prices. While acknowledging that Bitcoin is still amazing, Melker expressed concerns about the asset being co-opted by the very institutions it was meant to hedge against. The discussion surrounding Bitcoin's institutional adoption and its impact on the original ethos has been triggered by these comments. Additionally, Mike Alfred, founder of Alpine Fox, disagreed with Melker's views, emphasizing that people may choose to sell their coins for various personal reasons unrelated to the asset or protocol.

according to Magic Eden data, some mainstream NFTs have risen, including:

according to Arkham monitoring data, about nine minutes ago, a whale address transferred 154.413 million IDOL tokens to Binance, worth $1.94 million.

according to the official announcement, Verasity (VRA) is now listed on Binance Alpha! Users with at least 200 Binance Alpha points can receive an airdrop of 32,238 VRA tokens on a first-come, first-served basis.

according to the official announcement, Binance alpha announced that the VRA token airdrop application will be delayed, and the specific time has not been announced.

Binance announced that it will adjust the minimum price accuracy of 6 U-based perpetual contract trading pairs at 15:00 on August 1, 2025 (GMT+8). The trading pairs involved include LAUSDT, BULLAUSDT, etc., and the price accuracy will be increased by 1-10 times.

 trust department of Japan's largest bank MUFG, Mitsubishi UFJ Trust Bank, has acquired a high-rise building in Osaka for over 100 billion yen (681 million U.S. dollars), with plans to turn it into digital securities and sell tokenized real estate products to retail and institutional investors. The product will be sold to life insurance companies on the institutional side in the form of private real estate investment trusts (REITs).

Coinbase CEO Brian Armstrong clarified the addition of ResearchCoin (RSC) to the listing roadmap: "As a co-founder of ResearchHub, I want to share some details about the preventive measures taken a few years ago to eliminate conflicts of interest: all assets listed on Coinbase will be reviewed by our Digital Asset Support Group (DASG). DASG will review all assets listed on Coinbase from legal, compliance, and network security perspectives; I am not a member of DASG, so I do not have voting rights to decide which assets receive listing approval; my relationship with ResearchHub has been disclosed to the Coinbase board, which is standard practice; I wrote a blog post on this topic in March 2022 and publicly committed not to sell RSC for at least four years - this commitment remains unchanged to this day."

according to on-chain analyst Ai Yi (@ai_9684xtpa), the ancient whale holding 80,000 BTC is close to the end of its selling pressure, while another ancient whale that has been dormant for 14.5 years may be preparing to sell. The address "bc1qsea3m" made its first external transfer since January 2011 yesterday, and the receiving address transferred 50 BTC to the address "bc1q5" 2 hours ago. The latter's ownership is unknown, but it has interacted with addresses associated with Coinbase, B2C2, and Galaxy Digital.

Uniswap Foundation announced that the new DEX Angstrom, developed by MEV defense tool developer Sorella Labs, is now online, providing native MEV protection for token exchange and LP, with support from the Uniswap v4 Hook design lab. Sorella Labs, a crypto startup dedicated to solving the Ethereum MEV problem, completed a $7.5 million seed round of financing in August last year, led by Paradigm, with participation from Uniswap Ventures, Bankless Ventures, Robot Ventures, and Nascent. Sorella Labs is developing tools to address Ethereum's Maximum Extractable Value (MEV) problem, including Angstrom.

Dragonfly partner Haseeb responded to "The US Department of Justice is considering charging DragonFly employees in the Tornado Cash case." "Dragonfly invested in Tornado Cash developer PepperSec, Inc in August 2020 because they believe in the importance of open-source privacy protection technology. Before the investment, Dragonfly obtained external legal advice confirming that Tornado Cash's construction complies with legal requirements and complies with the guidelines issued by FinCEN, a subsidiary of the US Department of the Treasury, in 2019. The US government has publicly stated in court that they are considering charging Dragonfly. Based on legal advice, we have temporarily refrained from making public comments, but have decided not to remain silent." "We believe that Americans have the right to privacy, and the lack of privacy remains one of the biggest unsolved problems in the cryptocurrency field. Therefore, we adhere to our investment position. It is outrageous to charge Dragonfly after many years, contrary to facts and laws, and will have a chilling effect on investments in all US cryptocurrency and privacy protection technologies. Dragonfly intends to vigorously defend itself."

 Binance founder CZ denied involvement in raising funds to create a BNB treasury reserve company. A community member today stated, "CZ is involved in a listed company and holds 28% of the shares, raising funds to create BNB's micro-strategy, closing the seed round last weekend, but did not disclose which company it is." CZ responded to this statement, "Fake."

 according to Farside Investors monitoring, the net inflow of REX-OspreySOL spot ETF was $1.4 million yesterday, with a cumulative net inflow of $120.2 million since listing.

according to on-chain data analyst Yu Jin's monitoring, the largest PUMP institution's private placement address transferred the last 8 billion PUMP coins (approximately $20.11 million) to FalconX 8 hours ago, completing the sale of all its private placement PUMP coins and making a profit of $8.2 million. It is reported that this address participated in the institutional private placement of pump.fun with 100 million USDC, receiving 25 billion PUMP coins (at the same price as the public offering, also not locked), making it the largest institutional private placement address. Starting from the 16th, the address has been transferring PUMP coins to FalconX and cleared them out early this morning. The average transfer price was approximately $0.0043, realizing a profit of $8.2 million.

according to OnchainLens monitoring, a whale address withdrew 13.4 million ENA from Binance an hour ago, worth $7.26 million, and then transferred it to another wallet.

according to on-chain data analyst Yu Jin's monitoring, the "ETH version of MicroStrategy" SharpLink (SBET) address received 145 million USDC from the Circle address 30 minutes ago, which may be used for additional minting to continue to reserve ETH.

according to the data of the Hong Kong stock market, as of the close of trading today, the trading volume of 6 Hong Kong virtual asset ETFs was 33.02 million Hong Kong dollars. Among them: the trading volume of Huaxia Bitcoin ETF (3042.HK) was 14.88 million Hong Kong dollars, the trading volume of Huaxia Ethereum ETF (3046.HK) was 8.83 million Hong Kong dollars, the trading volume of CSOP Bitcoin ETF (3439.HK) was 2.37 million Hong Kong dollars, the trading volume of CSOP Ethereum ETF (3179.HK) was 1.02 million Hong Kong dollars, the trading volume of HashKey Bitcoin ETF (3008.HK) was 3.04 million Hong Kong dollars, and the trading volume of HashKey Ethereum ETF (3009.HK) was 2.88 million Hong Kong dollars.

CryptoQuant analyst Axel posted on social media that the realized net profit and loss chart clearly shows that during the price increase phase, investors will see a clear peak in profit taking. Before the price enters a deep correction, we are likely to see one or two waves of profit taking. Each wave of profit taking will be accompanied by a short-term correction and consolidation, but as long as the realized net profit peak does not exceed the previous extreme value or is of a comparable scale, the bull market trend will remain intact. Ideally, these healthy corrections will cool down the market from an overheated state and continue the upward trend.

 according to the official page, Binance Alpha has launched LN.

according to on-chain data, address 0x8000df...6420 purchased a large quantity of 6 hoodies CryptoPunks at a total price of 808.4 ETH 2 hours ago. The highest price per item in the transaction reached 148.5 ETH, and the lowest was 124.99 ETH. This address currently holds a total of 12 CryptoPunks.