🔍 Market Snapshot

• Total crypto market cap sits near $3.69 T, down 1.9% in the past 24 hours. Bitcoin trades around $113,700 (−1.4%) after a recent high near $116K. Most top coins show mixed signals, while altcoins such as MAGIC, IDEX, and FIS are rallying with gains of 15–43% .

• Bitcoin stability remains vital — sustained action above $114K could set the stage for a breakout beyond $120K .

📈 Noteworthy Listings via Binance Alpha

• DarkStar (DARK) and Cycle Network (CYC) will debut on Binance Alpha August 4, with exclusive airdrops planned for Alpha Point holders .

⚙️ Regulation Watch

• The U.S. SEC’s Paul Atkins announced sweeping regulations aimed at integrating crypto with traditional capital markets. This includes tailored token-security classification, new disclosures, and enabling tokenized securities—a major shift under a crypto‑friendly administration .

• Meanwhile, Hong Kong’s Stablecoin Ordinance took effect August 1, signaling a robust licensing rush and strong institutional interest in compliant stablecoin use cases .

• In Indonesia, new tax rules for crypto kick in today: overseas exchanges now face a 1% transaction tax (up from 0.2%), and domestic trading is taxed at 0.21%—aimed at strengthening oversight .

💡 Crypto Trends & Outlook

• Binance research highlights a volatile yet optimistic August 2025 momentum—elevated trading volumes, bullish sentiment, and consolidating regulatory clarity suggesting a maturing market environment .

• BNB remains a standout amid Ethereum Layer‑1 & Layer‑2 updates, ongoing burn events, and ecosystem expansion pushing short‑term targets toward ~$680. Let’s hear from you 😎

Will Bitcoin break out this month? Are you participating in the DARK or CYC airdrops? Drop your thoughts below!

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