🚀 Latest Developments – July 30, 2025

• Market Capitalization Tops $4 Trillion
The global crypto market soared past $4T, driven by passage of the GENIUS Act, setting a strong tone for future growth  .
• Bitcoin & Ethereum Update
Bitcoin peaked at $123K in mid‑July, but has since slipped toward $118K amid profit-taking and macro volatility .
Ethereum is trading above $3,700, with whales shifting into ETH—ETH now surpassing BTC in spot volume for the first time in over a year .
• ETF Drama Continues
Bitwise’s proposed ETF spot conversion was approved and then paused by the SEC, raising uncertainty around ETF policy clarity  .
• Big Weekend Ahead: U.S. Crypto Policy Report
The White House’s “180‑day” crypto report drops today, potentially outlining a U.S. Strategic Bitcoin Reserve, tokenization regulations, Fed access for crypto firms, and investor protections .
• Regulatory Milestone: GENIUS Act Signed
On July 18, the GENIUS Act became law, mandating 1:1 backing for stablecoins and strengthening federal oversight—boosting regulatory trust in crypto .
• Fraud on the Rise: AI‑powered Scams Surge
Crypto scams rose 456% from May 2024 to April 2025, leading to over $10.7B in reported losses globally. Authorities warn of deepfakes, phishing, and romance scams targeting crypto users  .
• Pakistan Fast‑Tracking Crypto Integration
Pakistan is accelerating efforts to fold crypto into traditional finance: plans include crypto in forex trading, gold markets, and banking—part of broader crypto modernization .
• Corporate Crypto Treasury Boom
Companies from hotels to toy brands have raised $86B in crypto-focused financing this summer. Despite gains, critics warn about speculative risks and market volatility .

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🧾 Post‑Friendly Summary

Crypto Highlights – July 30, 2025
• Global crypto cap hits $4T+ as the GENIUS Act kicks in.
• Bitcoin recently hit $123K, now trending around $118K.
• Ethereum trades above $3,700 and has overtaken BTC for spot volume.
• U.S. policy report drops today—possibly unveiling a Strategic Bitcoin Reserve.
• Stablecoins now federally regulated under the GENIUS Act.
• AI-led crypto fraud surges 456%, with over $10B lost in 2024.
• Pakistan fast-tracks crypto into its mainstream economy.
• Firms raise $86B to build crypto treasuries—but risk remains high.