KLEA Crypto Daily: Saturday, August 02, 2025

Published: August 3, 2025 – 00:03 UTC

Here’s a look back at the key stories from August 02, 2025.

Bitcoin Miners Raked in $1.66B in July—Best Haul Since April 2024 Halving

Bitcoin miners hit their highest earnings since the April 2024 halving, with July's mining income jumping approximately 19.42% higher compared to June, providing a much-needed boost for miners.

Bitfinex whale returns: Adam Back sights massive Bitcoin accumulation

Blockstream CEO Adam Back highlighted the return of the "Bitfinex whale," an entity accumulating Bitcoin at a staggering rate, potentially signaling significant market movement with its large buys over time.

UK lifts ban on crypto-linked notes for retail investors after 5 years

The UK has lifted a five-year ban on retail investors accessing crypto-linked investment products, allowing them to buy exchange-traded notes tied to cryptocurrencies like Bitcoin and Ethereum starting October 8. This move comes as regulators aim to restore access to markets once considered too risky.

Injective (INJ) Price Holds $12.68 Despite Mixed Signals as Ethernia Upgrade Boosts Developer Interest

INJ trades at $12.68 with neutral RSI at 45.00, testing crucial support near $12.20 while recent Ethernia upgrade and Cboe ETF filing provide bullish catalysts for potential breakout.

SUI Price Drops 23% as $210M Token Unlock Triggers Major Selloff

SUI trades at $3.49 after plunging from $4.20+ highs following massive token unlock. Technical indicators show oversold conditions with potential bounce signals emerging.

SEC Launches AI Task Force With Mission to Disrupt Legacy Market Oversight

The SEC has activated a high-impact AI task force to embed intelligent technology into its regulatory framework, revolutionize enforcement capabilities, and drive mission-critical innovation agency-wide.

Chainalysis Unveils Cryptocurrency Network Behind Major CSAM Site

Chainalysis identifies a massive cryptocurrency payment infrastructure tied to a major CSAM site on the dark web, revealing over $530,000 in transactions since July 2022.

XRP Overtakes ETH on Coinbase as Revenue Surges and Futures Catch Fire

XRP has overtaken ethereum as Coinbase's top revenue-generating asset, fueled by surging trading volumes, regulatory clarity, and an aggressive expansion into U.S. crypto derivatives.

SEC's ETF Shift Could Send Crypto Flows Into Overdrive

Crypto ETFs have taken a massive leap forward as SEC approval of in-kind mechanisms slashes costs, boosts efficiency, and propels digital assets deeper into mainstream finance.

Source: KLEA News