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Market Rallies as Trump Opens 401(k) to Crypto ⚖️ XRP SEC Legal Battle Finally Ends!

This One Chart Could Spark Crypto’s Next Major Move...

AuthorAuthor

Ken Carey & Oliver Dale
August 08, 2025

Happy Friday,

Another big week in crypto, Trump made some big moves for crypto. He signed an executive order blocking banks from debanking crypto companies. Trump also opened the door for crypto in $12.5 trillion 401(k) retirement plans, which could bring crypto to millions of new investors.

On top of that, XRP rallied after finally settling its four-year legal battle with the SEC. Let’s dive in…

🔥 Top Stories This Week

1. XRP Surges 14% as Long SEC Battle Finally Ends
👉 Full story

2. ChatGPT 5: Exciting New Features You Need to Know About
👉 Full story

3. Crypto Developer Roman Storm Found Guilty in Tornado Cash
👉 Full story

4. Trump Signs Order Allowing Crypto and Real Estate in 401(k) Accounts
👉 Full story

5. Has China Banned Crypto Again? Here’s the Full Story
👉 Full story

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🔥 Market Snapshot

📈 Top Weekly Gainer: Mantle (MNT) +50%
📉 Top Weekly Loser: Monero (XMR) -11%

📈 Chart of the Week

S&P 500 - If the S&P 500 breaks its all-time highs, it’s a positive sign for crypto, as bullish momentum continues. However, if it drops below the low from last friday ($6,212), it could signal a deeper pullback in the stock market, which would likely drag the crypto market down with it. Things are about to get interesting!

🧵 Post of the Week

🤖 ChatGPT Crypto Picks

Week 4 - Based on today’s prices, our ChatGPT portfolio is up over 24%. Not bad for 4 weeks!

🔬 A Look On-Chain

Whales bought over 1.8 million Ethereum in July. This points to a bullish outlook for Ethereum, driven by bullish momentum and increasing institutional demand!

💡 Tip of the Week

Always Self-Custody…
If you’re holding long-term, move assets off exchanges and into a secure wallet. Not your keys, not your crypto!

✨ Project Spotlight: Hyperliquid (HYPE)

Hyperliquid had a record-breaking July 2025 with $319 billion in trading volume, leading the decentralized perpetual futures market. Its fast, gas-free blockchain offers a smooth trading experience.

Despite a brief outage, it quickly compensated users and gained strong community trust. With solid finances, growing users, and plans to expand trading options, Hyperliquid is rapidly growing and its native token HYPE shows potential for a rebound.

🔗 Stay Connected

DISCLAIMER: This newsletter is provided for educational purposes only and does not constitute financial advice. The content herein is not an investment recommendation or a solicitation to buy or sell any financial instruments or assets. Readers are advised to conduct their own research and exercise caution in making any financial decisions.