[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  CryptOpus [@ImCryptOpus](/creator/twitter/ImCryptOpus) on x 10.3K followers Created: 2025-07-24 19:40:51 UTC #Crypto Summary 24.07.2025 ➡️ India Ramps Up #Crypto Tax Surveillance • From April 1, 2026, digital evidence will be used in tax investigations. • #Crypto wallets can be accessed only during income tax raids. • India’s CBDT is working with global bodies on establishing consistent #crypto rules. ➡️ US Developments • Congress introduced a bill for the VA Secretary to study #blockchain tech use in the Department of Veterans Affairs. • US & EU are close to a unified XX% tariff deal, expected to especially benefit EU carmakers and replace Trump’s threatened XX% hike starting August X. Some mutual duty waivers are also included; negotiations ongoing. ➡️ Market Movers: Top Tokens of the Month • Mainstream tokens led the pack, with strong liquidity and institutional flows: #PENGU +401% USELESS +221.9% $BONK +178.8% $CFX +177.8% $XLM +100.4% $ENA +93.6% $CRV +83.3% #FARTCOIN +78.8% LDO +74.1% • Takeaway: Big returns came from visible, highly traded coins - not hidden gems. ➡️ Institutional Moves & New Products • Tokyo-listed Quantum Solutions plans to buy up to XXXXX $BTC in the next XX months, aiming to become Japan’s largest public #Bitcoin holder amid a weak yen and rising inflation. • XXXXXXX $ETH (~$2.4B) are queued for unstaking, set to hit markets next week; XX% of liquidations in the last 24h came from $ETH longs. • GameSquare Holdings bought the rare Cryptopunk "Cowboy ape" (#5577) for $55.15M from Robert Leshner. • XAI and Kalshi have partnered to bring #Grok to prediction markets, live immediately. • Resolv will implement a new mechanism to transfer XX% of daily protocol profits to the fund’s coffers between July XX and August XX. ➡️ #FTX Payout Update #FTX will distribute another $2B in compensation on September XX. • Focus: Approved claims above $50K and new creditors. Claims close August XX. • Funds via BitGo, Kraken, and Payoneer, with KYC/tax forms needed. • Users in restricted jurisdictions may face delays. Targeting $14.7B–$16.5B total repayments at 2022 bankruptcy rates. 💛  XXXXX engagements  **Related Topics** [blockchain](/topic/blockchain) [coins wallets](/topic/coins-wallets) [tax bracket](/topic/tax-bracket) [india](/topic/india) [#crypto](/topic/#crypto) [Post Link](https://x.com/ImCryptOpus/status/1948468440093884903)
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CryptOpus @ImCryptOpus on x 10.3K followers
Created: 2025-07-24 19:40:51 UTC
#Crypto Summary 24.07.2025
➡️ India Ramps Up #Crypto Tax Surveillance
• From April 1, 2026, digital evidence will be used in tax investigations. • #Crypto wallets can be accessed only during income tax raids. • India’s CBDT is working with global bodies on establishing consistent #crypto rules.
➡️ US Developments
• Congress introduced a bill for the VA Secretary to study #blockchain tech use in the Department of Veterans Affairs.
• US & EU are close to a unified XX% tariff deal, expected to especially benefit EU carmakers and replace Trump’s threatened XX% hike starting August X. Some mutual duty waivers are also included; negotiations ongoing.
➡️ Market Movers: Top Tokens of the Month
• Mainstream tokens led the pack, with strong liquidity and institutional flows:
#PENGU +401% USELESS +221.9% $BONK +178.8% $CFX +177.8% $XLM +100.4% $ENA +93.6% $CRV +83.3% #FARTCOIN +78.8% LDO +74.1%
• Takeaway: Big returns came from visible, highly traded coins - not hidden gems.
➡️ Institutional Moves & New Products
• Tokyo-listed Quantum Solutions plans to buy up to XXXXX $BTC in the next XX months, aiming to become Japan’s largest public #Bitcoin holder amid a weak yen and rising inflation.
• XXXXXXX $ETH (~$2.4B) are queued for unstaking, set to hit markets next week; XX% of liquidations in the last 24h came from $ETH longs.
• GameSquare Holdings bought the rare Cryptopunk "Cowboy ape" (#5577) for $55.15M from Robert Leshner.
• XAI and Kalshi have partnered to bring #Grok to prediction markets, live immediately.
• Resolv will implement a new mechanism to transfer XX% of daily protocol profits to the fund’s coffers between July XX and August XX.
➡️ #FTX Payout Update
#FTX will distribute another $2B in compensation on September XX.
• Focus: Approved claims above $50K and new creditors. Claims close August XX. • Funds via BitGo, Kraken, and Payoneer, with KYC/tax forms needed. • Users in restricted jurisdictions may face delays.
Targeting $14.7B–$16.5B total repayments at 2022 bankruptcy rates.
💛
XXXXX engagements
Related Topics blockchain coins wallets tax bracket india #crypto