Crypto’s July: Stablecoins Boom $4B & Bitcoin Vanishing Act! 🚀💸

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Well, well, crypto fans! July’s been quite the circus – stablecoins adding a scorchin’ $4 billion, and Bitcoin reserves supposedly playing hide-and-seek, dropping a tiny 2% this month. Sounds impressive, right? More like a treasure hunt! 🏴‍☠️

Apparently, folks are taking their precious Bitcoin off the exchanges as if it’s hot potatoes—except this time, it’s a good thing. The reserves have been trickling down since January, and this 2% dip probably has traders sweating, thinking about the legendary Bitcoin supply squeeze. By the way, less than 15% of all Bitcoin was chilling on exchanges since 2018—fancy that? Looks like everyone’s hoarding, waiting for the moon. 🌙✨

Meanwhile, the US Congress decided to get all crypto-friendly… well, at least a little. Three states passed some laws in January. Missouri’s cracking down on crypto ATMs and calling metals “money” again—how quaint! New Hampshire’s setting up a fancy committee to “study” stablecoins (good luck with that!), while Oregon’s just updating their legal mumbo jumbo on abandoned crypto. And in Arizona, the Governor was having none of that crypto hoarding—vetoed a bill to seize the digital loot. 💼🔒

But hold onto your hats—because in the world of stablecoins, things got shiny. On July 18, President Trump (yes, that Trump) signed the GENIUS Act, probably thinking it was about better lighting. This legal masterpiece didn’t promise interest for holders, but still, it added near $4 billion to the stablecoin kingdom, pushing the total over a quarter of a trillion dollars! The number of stablecoin users also jumped 20%, with over 38 million addresses—all busy as bees. The transaction volume? Over $7 trillion in just the first quarter of 2025! 🐝💰

And oh, the buzzwords! Fabian Dori from Sygnum declared that the new laws will inspire “killer apps” – maybe even apps that pay you for brushing your teeth? Who knows! 🤷‍♂️

Meanwhile, Bitcoin was quietly deleting itself from exchanges—down 14% since January. Less Bitcoin on the trading floors, more longing for the long haul, folks! Some analysts whisper “supply shock,” which sounds more dramatic than a soap opera. Prices reached new heights, but with less Bitcoin actually available for trade—brace for market fireworks or just a big fat “I told ya so.”🔥💣

On the RWA (Tokenized Real-World Assets) front, things are booming—now worth over $25 billion! That’s a 2.5% increase in July, mostly thanks to tokenized stocks plotting a 15% rise to over $400 million. Robinhood’s jumping on the bandwagon with tokenized stocks—imagine that, you can buy a slice of some digital apple pie! 🍏🍰 warns legal clouds still loom—private firms tossing around “equity” tokens with no ownership rights—yikes, sounds sketchy but exciting, right?

And the regulatory dance? Seven countries got their act together—Hong Kong set up a shiny registry, Europeans handed out licenses like confetti, and even the US is inching toward federal approval with Ripple, Circle, and even the US government’s own plans. It’s like everybody’s trying to play nicest at the crypto party—until someone gets punched. 🥊🌍

All in all, July’s been a whirlwind of laws, booms, and whispers of Bitcoin’s disappearing act. It’s a wild, wacky world—sort of like a Roald Dahl story, but with more digital money and less candy. Or is it? 😉

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2025-07-30 17:24