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The Crypto Minute
Your Weekly Guide to Surviving the Crypto Rollercoaster.
CoinBrain
July 14, 2025 • Reading Time: 12 minutes
🥳 Happy Bitcoin All Time High, everybody!
This means that somewhere out there, someone is explaining to their spouse why they “definitely sold too early, darling” for the 47th time this year 🫣
No time to follow the market? That’s why we’re here! This is The Crypto Minute by CoinBrain 🧠
⤵️ Today’s Agenda:
We got a new BTC All Time High of $118K amid crazy ETF inflows and institutional interest.
Trump Media & Technology Group applies for the “Crypto Blue Chip ETF“ featuring BTC, ETH, XRP, SOL, and CRO.
Pump.fun officially offers the PUMP token to the public. Sells out in 12 minutes…
A hacker drained $40 million from GMX, decided to give it all back.
And more…
📊 Market Snapshot
| $118,400BTC+9.2% | $2,990ETH+17.2% | $3.72TCrypto Market Cap+12.2% | 68 (Greed)Fear & Greed Index+18 from last week |
📅 Crypto Events You don’t want to Miss
📌 Monday, July 14 – Tornado Cash Trial Begins
The trial of Tornado Cash co-founder Roman Storm kicks off. This case is pivotal for the future of crypto privacy tools.
Regulators argue Tornado Cash facilitated money laundering, while defenders say it’s about open-source code and user autonomy.
Expect volatility in $TORN and privacy-focused tokens, plus some spicy debates across Crypto Twitter.
📌 Tuesday, July 15 – U.S. Inflation Data Drop (12:30 pm UTC)
The U.S. releases Core CPI (excludes food and energy) and headline CPI (includes everything) for June.
If inflation cools more than expected, markets could rally, and risk-on assets like crypto tend to lead the charge.
🐋Smart Money Tracker
Monday, July 7th: The hacker who stole $300M+ from Coinbase users bought 4,863 $ETH ($12.55M) at $2,581 on this day.
Two months ago, the hacker sold 26,762 $ETH($69.25M) at $2,588.
Tuesday, July 8th: An Ethereum ICO participant woke up after ~10 years of dormancy and transferred all 1,140 $ETH($2.88M) out on this day.
They received 1,140 $ETH (costing $353, now worth $2.88M) via 2 wallets at Genesis.
Tuesday, July 8th: A wallet that has been dormant for 6 years transferred all 6,000 $BTC($649M) out on this day.
The wallet received 6,000 $BTC ($58.77M at that time) at $9,796 on July 25, 2019.
Wednesday, July 9th: A Bitcoin OG holding at least 14,000 $BTC($1.52B) woke up after 6 years of dormancy and transferred out 14,000 $BTC recently.
The 3 wallets of this Bitcoin OG received 14,000 $BTC($139M at the time) from Xapo Bank on July 24, 2019, when the price of $BTC was $9,936.
Thursday, July 10th: Smart trader 0xCB92 watched their 50K $ETH short position climb to over $26M in unrealized gains, but never closed.
As $ETH surged, their position hit stop-loss, leaving them with a $716K loss.
Friday, July 11th: James Wynn's $BTC short position got fully liquidated in less than 12 hours, resulting in another loss of $27,921.63!
Saturday, July 12th: Whales are accumulating $IP.
Whale 0x385D accumulated 857,192 $IP ($3.8M), and the whale 0xE0e6 accumulated 814,523 $IP ($3.61M) on this day.
Sunday, July 13th: A trader has already made over $1.5M going long on $PUMP!
Trader 0x6b78 opened a 3x leveraged long on $PUMP a day ago and started taking profits as the price broke above $0.007.
So far, they’ve closed 70.55M $PUMP($503K) for a profit of $122K, and still holds a massive 1.39B $PUMP($8.9M) long position with $1.39M in unrealized gains.
Source: Lookonchain
📰 News Recap (July 8 to 14)
Crypto Newsletter Stories
🚀 Bitcoin Breaks $118K as ETFs Go Brrrr
Bitcoin just smashed through $118,000 like it was made of paper! 📈
The rally comes courtesy of massive institutional appetite - over $2.3 billion has poured into spot Bitcoin ETFs this month alone.
If you "missed" the previous dips, there will be dips in the future too. And we are still in one now.
There are no limits to mathematical numbers or fiat printing, only limited number of bitcoins.
— CZ 🔶 BNB (@cz_binance)
7:13 AM • Jul 11, 2025
BlackRock's IBIT led the charge with nearly $920 million in net inflows over five days.
Meanwhile, over $570 million in short positions got absolutely rekt in 24 hours as bears learned the hard way that "this time is different" actually applies sometimes 🐻💥
Source: TradingView
With Bitcoin's market cap now exceeding Amazon's and analysts eyeing $200K, even CZ is out here saying "this is still a dip in the big picture." Wild times!
🤖 Coinbase Teams Up with Perplexity AI
Coinbase is getting its AI game on by partnering with Perplexity AI to bring real-time crypto data to the masses! 🔥
The partnership rolls out in two phases:
First, Perplexity gets access to Coinbase's market data for trade analysis
Then the AI will start referencing Coinbase data directly in user queries.
Exciting update: Coinbase has partnered with @perplexity_ai to help traders get access to real-time trusted crypto data/info for better decision making.
The first stage is going live today, and there's more to come:
Phase 1 (now): Perplexity is now ingesting our market data,
— Brian Armstrong (@brian_armstrong)
1:26 PM • Jul 10, 2025
CEO Brian Armstrong is dreaming big, saying he's "most excited to see crypto wallets fully integrated into LLMs one day".
Because apparently we need our AI to YOLO into memecoins too 💸
With Perplexity valued at $14 billion, this could be the start of some seriously smart (or dangerously informed) trading bots.
🎯 GMX Hacker Has Change of Heart, Returns $40M
Plot twist of the century: The hacker who drained $40 million from GMX's liquidity pool is actually... giving it back? 😱
After exploiting the V1 GLP pool on Arbitrum, the "white hat" hacker accepted a $5 million bounty and started returning the funds.
#PeckShieldAlert#GMX Exploiter msg: funds will be returned later
— PeckShieldAlert (@PeckShieldAlert)
6:52 AM • Jul 11, 2025
GMX token immediately pumped 14% because apparently the crypto market rewards good behavior now 📊
It's like getting robbed and then having the thief return your wallet with a "sorry, just testing your security" note. Only in crypto, folks!
💰 Pump.fun Raises $600M in 12 Minutes (Tokens Sold Out)
Pump.fun just broke the internet by raising $600 million in a blistering 12 minutes during their $PUMP token ICO! ⚡
Source: Pump.fun
The memecoin launchpad offered 15% of their total supply at a $4 billion valuation and watched it disappear faster than free pizza at a college dorm 🍕
The sale was so popular that Bybit got overwhelmed by demand and had to start refunding users who couldn't get tokens.
At this rate, traditional IPOs are looking slower than dial-up internet 🌙
🌍️ Story of the Week
Trump's Media & Technology group that operates Truth Social is diving headfirst into the crypto ETF game with their "Crypto Blue Chip" fund! 🚀
Fresh off filing with the SEC, this isn't your typical Bitcoin-only ETF - we're talking a full crypto cocktail featuring BTC (70%), ETH (15%), SOL (8%), CRO (5%), and XRP (2%).
Source: sec.gov
Truth Social has already filed for separate Bitcoin and Bitcoin-Ethereum combo ETFs, but this "blue chip" approach is their boldest move yet 💪
The ETF is sponsored by Yorkville America Digital and features Crypto.com's CRO token as a key holding.
Remember when Cronos controversially approved reissuing 70 billion previously burned CRO tokens worth $6.9 billion?
Yeah, that was probably connected to this ETF play all along 🤔
CRO Whales dominating the proposal vote
The competition is heating up too - Bitwise, Grayscale, Franklin Templeton, and REX Shares are all racing to launch their own spot crypto ETFs covering everything from Dogecoin to Polkadot.
Source: cryptodnes.bg
But Truth Social's "Made in America" branding and Trump's crypto-friendly stance could give them a serious edge.
If approved, shares will trade on NYSE Arca, making it easier than ever for traditional investors to get exposure to multiple top cryptos in one convenient package.
The question isn't whether this will get approved - it's how quickly other platforms will scramble to launch their own multi-crypto ETF offerings.
Game on! 🎮
🔒 Major Token Unlocks of the Week
Explore more unlocks with full vesting details.
🗞️ From our Blog
💡 1 Minute Learning: The Byzantine Generals’ Problem in Crypto
📖Picture this: Ancient Byzantium, 1000 AD 🏰
Multiple generals surround an enemy city. They need to coordinate a synchronized attack. But here's the twist - some generals might be traitors! 🗡️
The Challenge:
All loyal generals must agree: Attack or retreat? ⚔️
They can only communicate through messengers 📨
Some generals might be saboteurs sending false messages 🎭
One rogue message could doom the entire army 💀
🤔 Why This Matters in Crypto? Replace "generals" with "computers" and "attack plan" with "transaction data."
Now you've got the exact problem crypto networks face every day! 💰
Without Byzantine Fault Tolerance:
Hackers could send fake transactions ❌
Networks would constantly disagree 🤷♂️
Double-spending would be chaos 💸
Trust? Impossible! 🚫
🔧 How Bitcoin Cracked The Code:
Bitcoin uses Proof of Work as computational voting 🗳️ where miners compete to solve puzzles.
The longest chain rule means the majority wins and becomes the accepted truth.
Economic incentives ensure good behavior pays 💰 while bad actors lose money. Complete transparency means everyone sees everything 👀 on the public ledger.
🚀 Why is this Revolutionary?
Distributed systems like blockchain now provide a way of trustless information processing, making the need for intermediaries, like banks, obsolete (in theory 😉)
Ancient military strategy meets modern finance. Who knew? 🤯
And that’s a wrap! 🎉 Enjoyed this newsletter? Forward it to a friend, and let them know they can subscribe here.
Got any ideas or feedback? We’d love to hear from you! Drop us an email at [email protected].
DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and not investment advice or a solicitation to buy or sell any assets or make financial decisions. Always do your own research and stay safe out there.