The Daily Crypto Brief!
Hello readers! Investors poured a record $3.7 billion into Crypto ETFs this week, and Bitcoin is still going strong above $121K. That means the market is full of action and energy. We're here to share the biggest crypto updates, so you're always in the loop with what's trending.
PUMP Token Debuts with a Bang—Surges 50% Above Public Sale Price
Pump.fun, the go-to hub for launching meme coins, just dropped its new token — PUMP — and the hype was real. After a slightly messy launch announcement, the presale went live on July 12 and sold out in just 12 minutes. Fast forward to today: PUMP hit public trading with a starting price of $0.0062, already 50% higher than its presale tag.
So far, 55% of PUMP trades are happening on decentralized platforms like Pumpswap, Raydium, and Meteora. And on the centralized side, Bybit and KuCoin are leading the charge with the most trading action.
Binance Teams Up with Four.Meme for Unique Bonding Curve Token Launch – Full Breakdown Inside
The first project will be revealed on July 15 on their official Wallet X account. Instead of setting a fixed price for tokens, this method adjusts the price in real-time based on demand. The more people buy with BNB, the higher the price goes — all along a smooth curve that’s been designed ahead of time. It’s dynamic, it’s flexible, and it could change how token launches work from here on out.
Grayscale Quietly Files for IPO as Bitcoin Surges Past $120K
Grayscale, one of the biggest names in crypto investment, has secretly filed paperwork with the U.S. SEC, hinting at plans for a stock market debut, according to Reuters.
Why now? Because Bitcoin is booming past $120K, and the U.S. is showing signs of clearer crypto regulations. With investors feeling hopeful and digital assets becoming more mainstream, Grayscale seems ready to ride the wave.
Strategy Adds 4,225 BTC in $472.5M Buy — Bitcoin Returns Now at 20.2% for 2025
Strategy (previously known as MicroStrategy) just grabbed 4,225 more Bitcoins, spending a massive $472.5 million in one week — that’s about $111,827 per coin. This latest buy brings their total stash to a jaw-dropping 601,550 BTC. Overall, they've poured $42.87 billion into Bitcoin, averaging $71,268 per coin.
Thats a wrap for today. Cryptocappy will be back with more updates. Until then have a great day.