RaaS #454: GM $4T Market Cap!

Cookies’s New Product Goes Live Next Week, COIN Hits ATH, and Moar!

The crypto market just crossed $4T, 5x its 2018 peak. Ethereum led the charge with a 70% rally since July 1, powered by a massive short squeeze. Record-high ETH shorts got wiped, and the squeeze lit a fire across the market. Feels less like a pump, more like a reckoning.

Decentralized savings are here, and they work. Aave’s sGHO pays 8% APR from revenue, with $150M+ deposited and no lockups or slashing. It’s simple, transparent, and miles ahead of TradFi’s 0.57%.

Eric Trump flexes his alpha sharing skills, but some would call it manipulation.

Bitcoin ETFs added +4,168 BTC (+$492M), with BlackRock scooping up 4,157 BTC alone, while Ethereum ETFs saw +193,551 ETH (+$697M) in net inflows, led by BlackRock again with 158,875 ETH. Totally normal behavior for a market no one takes seriously.

Coinbase (COIN) just hit $435.91, its highest price since the IPO. That’s a 16% jump, riding the tailwind of Bitcoin crossing $120K. Markets are moving like it’s 2021 again, but with more conviction.

After 14 years of diamond hands, the 80,201.98 BTC whale has now transferred the entire stash, worth $9.5B, to Galaxy Digital. All done as of 12 hours ago. Wen will the sell pressure hit? 

Tired of spammy InfoFi takes from people with no skin in the game? Attention Captial Markets drops July 24, where voice scale with capital. You talk because you hold. You win if the project wins. Cookie Snaps was just the preview.

How will these poor CEOs survive?

Symbiotic Summer continues with Hyperlane’s Galxe quest, inviting users to dive into its documentation, understand the mechanics of permissionless cross-chain messaging, and experience seamless interoperability across blockchains.

SharpLink now holds more ETH than the Ethereum Foundation after a fresh $115M buy. Backed by a $425M raise led by Joseph Lubin, they’ve earned 415 ETH in staking rewards and plan to acquire $5B more (1.4M ETH, or ~2.5 years of new issuance).

Top Gainers: C, HOPR, BLACK, PNDC, BC.

Decentralized hedge fund Numerai will repurchase $1 million worth of its native token, NMR, from the open market following a sharp rise in AUM, which has more than doubled in the past year, from $173M to over $440M.

Most bad trades aren’t about strategy; they’re about fear. Scarcity mindset traps you in indecision, poor exits, and emotional swings. Trading isn’t just about charts. It’s about rewiring your relationship with money. Fix the mindset, fix the results. Essentially, I am keeping myself from getting rich.

ETH Strategy is a structured treasury protocol that offers amplified ETH exposure via the STRAT token. STRAT is backed by ETH and benefits from accretive EPS (ETH-per-STRAT) growth through convertible bonds and at-the-market issuance. As EPS grows, STRAT appreciates faster than ETH without liquidation risk.

That’s all for today!