marketmoves

₿ Crypto Brief

🎯 UK eyes $7B Bitcoin sale; Ethereum hits $3,800; CoinDCX hacked for $44M, covers losses.

🔸 UK government may sell £5B ($7B) in seized Bitcoin $BTCUSD from a 2018 Ponzi scheme to address fiscal shortfalls, with a framework being developed for liquidation.

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🔸 EU prepares tariffs on U.S. services in response to Trump’s threatened 30% duties on EU goods.
🔸 Trump and Xi may meet at October APEC summit as U.S.-China trade talks intensify before August deadline.

🔸 MicroStrategy $MSTR reported a $14B Q2 gain on Bitcoin $BTCUSD holdings, underscoring its ongoing accumulation and yield strategy.
🔸 ECB expected to hold rates amid U.S.-EU trade tensions and a dense week of global economic data.

🔸 Indian exchange CoinDCX lost $44M in a server breach targeting an operational wallet; customer funds unaffected, losses covered by treasury, Web3 trading paused.
🔸 Ethereum $ETHUSD rallied to $3,800, its 2025 high, with market cap above $450B; derivatives and ETF staking optimism drive institutional flows.