Daily Recap, July 23

🔫 A gang that kidnapped a “crypto millionaire”—whose wallet turned out to contain just $9—was convicted in London.

🚬 Arthur Hayes published a new essay, stating that he expects Bitcoin to rise to $250,000 and Ethereum to $10,000 by the end of the year.

⛪️ A pastor from Colorado and his wife are accused of crypto fraud worth $3,400,000.

💤 Bitcoin hodlers who bought crypto 5 years ago are starting to “wake up”—today, they transferred 10,606 BTC (approx. $1.26 billion) to unknown wallets.

🪙 Tonight, BNB, Binance’s native token, hit a new all-time high above $800.

🪙 Around 519,000 ETH worth $1.9 billion are awaiting withdrawal from staking—the largest figure since January 2024.

🔮 Polymarket is considering launching its own stablecoin.

💸 Payment giant PayPal officially introduced a new platform—PayPal World—which will unite major payment systems and digital wallets in one place.

🪙 Tether has revealed part of its investment portfolio—the CEO stated that the USDT issuer has already invested in over 120 companies, and this number will grow.

📊 Stocks of companies buying up altcoins are rising faster than the coins themselves—on average, 150% per day and over 220% per month, while cryptocurrency prices remain almost unchanged.

💰 MARA Holdings will raise an additional $850,000,000 to buy BTC—the company currently holds 49,940 BTC ($6 billion).

🇷🇺 Putin signed a law under which the mass adoption of the digital ruble (CBDC) will begin on September 1, 2026.

🪙 Jack Dorsey’s company Square is starting to roll out devices for paying for goods with BTC.

🗽 Tether’s leadership visited the White House, and the company is now working on entering the US market.