Plus: Drake raps about Bitcoin

GM. We blended the internet’s weirdest crypto drama into a smoothie - sip carefully, it’s spicy.

🛠️ Vitalik Buterin and Toni Wahrstätter propose a new fix for Ethereum.

🍋 News drops: Drake gives Bitcoin a shoutout, Elon Musk forms a new political party + more

🍍 Market flavor today

Crypto Market Cap: $3.37T -0.45% (24H)
Name		Price	24H	7D
	Bitcoin BTC	$108,344.41	-0.63%	1.32%
	Ethereum ETH	$2,535.64	-1.05%	3.83%
	XRP XRP	$2.32	1.98%	6.44%
	BNB BNB	$660.15	-0.46%	1.22%
	Solana SOL	$151.78	0.07%	-0.07%

Investors stayed greedy all weekend, as Bitcoin traded between $107K and $109K - just a hair below its $111K all-time high from May.

But that record might not last much longer. According to 10xResearch, Bitcoin’s got a good shot at hitting a new all-time high in the next couple of weeks.

Why? A few reasons:

1️⃣ Tariffs delayed

Wednesday was supposed to be the end of the 90-day pause on extra tariffs above the base 10% - but the US decided to delay them again.

The markets took it as a sign that the US doesn't actually want to go through with it - good news for riskier assets like Bitcoin.

2️⃣ Seasonal trends

July’s been a good month for Bitcoin in the past.

(Must be all that vitamin D.)

3️⃣ "Crypto Week" in Congress

Next week, the House Finance Committee is holding what they’re calling Crypto Week, where three major crypto bills will be considered:

• The CLARITY Act (you can dig into that here);

• The GENIUS Act (more on that here);

• And the Anti-CBDC Surveillance State Act, which aims to block the Fed or Treasury from creating a retail Central Bank Digital Currency.

Pro-crypto laws reassure investors that the industry won’t get crushed by regulation, so they feel safer buying assets like Bitcoin.

4️⃣ Inflation check

Finally, next Tuesday, we’ll get June’s CPI report, and if inflation looks tame, investors could take it as a sign to keep buying Bitcoin.

And if nothing else, at least the memes will be good.

🥝 Memecoin harvest

Another day, another cat-themed token going parabolic for reasons unknown 😼📈

Data as of 04:55 AM EST.

Check out these memecoins and plenty more here.

🛠️ Putting the "cap" in capacity

Ethereum 101 for all the new kids in crypto:

Think of Ethereum as a big public computer.

People send it little jobs - like transferring ETH, swapping tokens, or running smart contracts - and every job uses up a bit of its processing power.

That processing power is called gas - basically, how much work your transaction asks the network to do.

Now, to stop anyone from totally frying the system, each block (that’s the bundle of transactions added every ~12 seconds) has a maximum gas limit - about 30M gas right now. This cap ensures the block only handles so much work at once.

But here’s the thing:

Nothing actually stops a single person from writing a huge, bloated transaction that eats up all 30M gas by itself.

That’s like walking into a laundromat and finding that one dude took every single washing machine and is still waiting with a pile of dirty socks for round two.

(If you’re reading this, laundry‑guy from my student dorm back in the day - may both sides of your pillow be warm.)

Anywayz, why’s that bad?

👉 It leaves no room for any other transaction in that block, so everyone else has to wait for the next one = things get slower for everyone;

👉 Malicious actors could intentionally spam huge transactions over and over to jam up the network.

Now, to be clear - this isn’t something that happens all the time. Most users and apps don’t come anywhere close to the block limit.

But it can happen, and attackers have shown a willingness to abuse other similar loopholes in Ethereum before.

So, Vitalik Buterin and researcher Toni Wahrstätter proposed a fix: EIP‑7983, which sets a new rule:

No single transaction can use more than ~16.77M gas (roughly half a block).

👍 This way, no single transaction can dominate the entire block;

👍 It forces large workloads to be split into smaller transactions, which are easier for the network to handle;

👍 It keeps the network more resilient and fair.

And what does this change mean for you?

If you’re just using Ethereum casually, you probably won’t even notice when it goes live - but you’ll benefit from a more predictable, fair, and reliable network.

Plus, hey - it’s another little upgrade that shows Ethereum is still growing up, one improvement at a time.

🍋 News drops

🕵️‍♀️ Thinking about using MEXC but not sure if it’s actually safe? Check out our security review so you know exactly what you’re getting into.

💰 The US Secret Service’s GIOC has seized nearly $400M in crypto over the past 10 years. Most of it's kept in a single offline wallet - one of the largest government-held crypto reserves.

💬 Jack Dorsey, Twitter’s co-founder and Block’s CEO, launched the test version of a decentralized messaging app called Bitchat. It lets you send messages over Bluetooth - no internet required.

🗣️ Say, Drake, I hear you like Bitcoin. Drake gave Bitcoin a shoutout in his new song.

🦅 Elon Musk said he’s starting a new political party called the American Party. He also said it’ll embrace Bitcoin - because "fiat is hopeless."

🇬🇧 Two men in the UK got a combined 12-year prison sentence for scamming over $2.1M from investors. They cold-called people and tricked them with fake crypto investment offers.

🍌 Juicy memes