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The Crypto Minute
Your Weekly Guide to Surviving the Crypto Rollercoaster.
CoinBrain
July 21, 2025 • Reading Time: 11 minutes
Welcome back, frens! 💝
I think you will be pleased with how the “crypto week“ turned out (discussed below). And kudos if you own some ETH 😄 it finally got a chance to shine!
Let’s unpack all this mess 📦. This is the Crypto Minute by CoinBrain.
⤵️ Today’s Agenda:
After some hurdles, three key crypto bills were signed by President Trump on Friday, concluding the crypto week.
ETH is rallying under the GENIUS Act with strong institutional inflows 🚀
Coinbase upgrades its wallet to an “everything crypto app“, integrating funded decentralized messaging protocol XMTP.
SharpLink Gaming becomes world’s largest institutional ETH holder with holdings approaching $1 billion in value.
And more…
📊 Market Snapshot
| $118,700BTC-2.5% | $3,800ETH+24.5% | $3.95TCrypto Market Cap+8.3% | 67 (Greed)Fear & Greed Index-3 from last week |
📅 Crypto Events You don’t want to Miss
📌 Monday, July 21 - COIN US Perps Launch
Coinbase is dropping US perpetual futures—and that could be big. New trading options often attract fresh capital and spark interest from institutions.
If volumes spike, we might see a ripple effect across COIN-linked tokens and derivatives markets.
📌 Tuesday, July 22 - GOOGL & TSLA Earnings Reports
Two tech titans, one market-moving day. Alphabet (GOOGL) and Tesla (TSLA) are reporting earnings, and strong results could fire up risk appetite across the board.
📌 Thursday, July 24 – US Flash PMI Trio + ECB Press Conference
Flash Manufacturing PMI, Flash Services PMI, and Jobless Claims all hit the wire.
These are fast indicators of economic health and could swing sentiment on rate cuts. Oh, and don’t sleep on the ECB press conference, either.
🐋Smart Money Tracker
Monday, July 14th: Someone accidentally burned 10M $PUMP ($75K) while using a tool to get rid of airdropped junk tokens.
Don't go burning tokens in your wallet unless you know exactly what you’re doing.
Tuesday, July 15th: The Bitcoin OG with 80,009 $BTC($9.46B) seems to be selling $BTC!
In the past hour, they transferred 9,000 $BTC($1.06B) to Galaxy Digital—likely preparing to sell through their services.
Wednesday, July 16th: Pumpfun prepared 187,770 $SOL($30.6M) in fee revenue to buy back $PUMP.
So far, the buyback wallet has spent 118,351 $SOL($19.26M) to buy 2.99B $PUMP at an average price of $0.0064.
Thursday, July 17th: Abraxas Capital is deep in the red on Hyperliquid.
Their two accounts are holding 113,505 $ETH ($389.72M) short positions, with unrealized losses totaling $77.85M — a massive hit!
Friday, July 18th: Whale 0x8c58 started shorting $ETH 6 days ago and is now down over $10.7M.
To avoid liquidation, they just deposited another 3.58M $USDC into Hyperliquid on this day. Current liquidation price: $4,006.2
Saturday, July 19th: SharpLink bought another 4,904 $ETH($17.45M) on this day.
Since July 1, they've accumulated 157,140 $ETH($493M) at an average price of $3,136.
Sunday, July 20th: James Wynn deposited another 536,573 $USDC into Hyperliquid, then opened 25x long on $ETH and 10x long on $PEPE.
Current long positions:
3,269 $ETH($12.12M)
812.16M $kPEPE($11.28M)
Source: Lookonchain
📰 News Recap (July 15 to 21)
📱 Coinbase Goes Full "Everything App" Mode
Coinbase just dropped their Base App, and honestly, it's giving WeChat vibes but for crypto! 🔥
They've rebranded their wallet into this all-in-one social platform where you can post, trade, chat, and even pay with USDC via NFC.
Source: coinbase.com
The app runs on Farcaster for social feeds, lets creators tokenize posts through Zora, and includes hundreds of mini-apps from games to prediction markets.
Plus, they're rolling out Base Pay for Shopify merchants with 1% cashback coming soon.
Sorry EU and Canada friends though - no rewards for you yet! 🤷♂️
💬 XMTP Raises $20M While Sliding Into Coinbase's DMs
Speaking of messaging, XMTP just secured $20M in Series B funding, hitting a spicy $750M network valuation! 📈
The decentralized messaging protocol is now baked directly into Coinbase's new Base App (perfect timing much?).
Source: xmtp.org
Think Signal-level encryption but for your crypto wallet, with cool AI agents like Bankr that let you send money globally in group chats and Flaunch for token sales right in your DMs.
Union Square Ventures' Fred Wilson is so bullish he joined their board as the first outside member! 🎯
📉 PUMP Token Gets Dumped After Epic ICO
Well, that escalated quickly... and then de-escalated! 😅
PUMP token raised a mind-blowing $600M in just 12 minutes during its ICO, but now it's trading right back at its $0.004 debut price after erasing all gains.
PUMP token price. Source: Coingecko
The memecoin generator king is also facing some competition heat from LetsBONK, which has actually overtaken Pump.fun in daily volume this month.
Pump's fighting back with 25% revenue buybacks and a new "community takeover" feature, but the memecoin wars are definitely heating up! 🔥⚔️
💰 SharpLink Becomes the Ultimate ETH Whale
Move over Ethereum Foundation, there's a new sheriff in town! 🐋
SharpLink Gaming just became the world's largest corporate ETH holder with 280,706 ETH (worth ~$858M).
Even surpassing the Ethereum Foundation's own stash…
Source: sharplink.com
They went on a $156M shopping spree last week and are staking 99.7% of their holdings like absolute pros.
With $257M still in the war chest for more purchases, they're clearly not done accumulating.
Talk about diamond hands! 💎🙌
🌍️ Story of the Week
🏛️ Washington's “Crypto Week” Ends With Historic Win!
What a week it's been in D.C.! 🎢
After more procedural drama than a reality TV show, Trump just signed the GENIUS Act into law - making it the first major crypto legislation in U.S. history!
But boy, was it a bumpy ride getting there...
"Crypto Week" started as a disaster when House Republicans threw a tantrum over CBDC language, causing two failed procedural votes that had everyone scrambling.
This week, the House is voting on the GENIUS Act which lays the groundwork for a layered Central Bank Digital Currency (CBDC) where Americans interact with stablecoins but behind the scenes there are the functional surveillance capabilities of a CBDC.
The bill as written does
— Rep. Marjorie Taylor Greene🇺🇸 (@RepMTG)
4:37 PM • Jul 15, 2025
Marjorie Taylor Greene and Chip Roy were leading the rebellion, demanding stronger anti-CBDC protections.
One insider called it a "total mess" - and honestly, that's putting it nicely! 😅
The GENIUS Act is clear: the @federalreserve does not have authority to issue a CBDC.
Chairman @SenatorTimScott will continue pushing back on any overreach from the Federal Reserve.
— U.S. Senate Banking Committee GOP (@BankingGOP)
2:10 PM • Jul 16, 2025
After some behind-the-scenes arm-twisting (probably from Trump himself), lawmakers finally got their act together.
The House passed three major bills:
GENIUS Act for stablecoins (308-122)
Clarity Act for broader crypto regulation (294-134)
Anti-CBDC bill (219-210).
Friday's signing ceremony was pure crypto theater!
Source: Brendan Smialowski/AFP via Getty Images
Trump joked that GENIUS was "named after him" while surrounded by crypto CEOs like Paolo Ardoino (Tether) and Brian Armstrong (Coinbase).
Jeremy Allaire was literally tweeting "en route to the White House" like he was going to prom! 🚗✨
En route to the @WhiteHouse for the historic signing of the GENIUS Act, one of the most transformative pieces of legislation in decades. Global financial system, welcome to the Internet!
— Jeremy Allaire - jda.eth / jdallaire.sol (@jerallaire)
4:07 PM • Jul 18, 2025
🤔 What this means?
GENIUS creates the first federal framework for stablecoins, requiring full dollar backing and annual audits for big players.
The Clarity Act heads to the Senate next, while the CBDC ban gets rolled into the defense budget.
Source: The Block
After years of regulatory uncertainty, crypto finally has its foot in the legislative door.
Trump called it "massive validation" for the industry - and for once, the hype might actually match reality! 🇺🇸🚀
🔒 Major Token Unlocks of the Week
Explore more unlocks with full vesting details.
💡 1 Minute Learning: Why Altcoins Fear the Dollar?
Here’s a spicy macro pattern that flies under the radar:
🧩 Altcoins often move inversely to the U.S. Dollar Index (DXY). But here’s the twist—they react even more violently than Bitcoin.
Why? It all comes down to risk tiers.
When DXY surges, it signals global demand for dollars, usually during times of stress or hawkish Fed vibes.
That tightens liquidity, and the market starts dumping anything “risk-on.” Bitcoin might dip… but altcoins nosedive.
Source: wsj.com
Now flip the script:
📉 When DXY drops, liquidity loosens. Traders go hunting for upside. That’s when alts moon faster than BTC. Think of it as a macro slingshot—the lower the dollar goes, the more tailwind altcoins pick up.
📊 Bonus tip: Chart $DXY vs. the TOTAL3 (crypto market cap excluding BTC and ETH). You’ll be surprised how clean the inverse pattern looks.
🗞️ From our Blog
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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.