# Daily Crypto Recap: Shocking Kidnapping Conviction and Major Market Moves

> Results for Wednesday , July 23

**Published by:** [block1337](https://paragraph.com/@block1337/)
**Published on:** 2025-07-23
**Categories:** #crypto #bitcoin #ethereum #cryptonews #investing
**URL:** https://paragraph.com/@block1337/daily-crypto-recap-shocking-kidnapping-conviction-and-major-market-moves

## Content

Daily Recap, July 23🔫 A gang that kidnapped a "crypto millionaire" (whose wallet had only $9) was convicted in London. 🚬 Arthur Hayes published a new essay predicting Bitcoin will reach $250K and Ethereum $10K by year’s end. ⛪️ A Colorado pastor and his wife are accused of a $3.4M crypto fraud. 💤 Bitcoin hodlers from 5 years ago are "waking up"—today, they moved 10,606 BTC (~$1.26B) to unknown wallets. 🪙 BNB, Binance’s native token, hit a new all-time high above $800 overnight. 🪙 Around 519K ETH (~$1.9B) is queued for unstaking—the largest amount since January 2024. 🔮 Polymarket is considering launching its own stablecoin. 💸 PayPal officially unveiled PayPal World, a new platform integrating major payment systems and digital wallets. 🪙 Tether revealed part of its investment portfolio—its CEO said USDT’s issuer has already invested in 120+ companies and plans to expand. 📊 Stocks of firms buying altcoins are surging faster than the coins themselves—up ~150% daily and 220+% monthly, while crypto prices remain flat. 💰 MARA Holdings is raising an additional $850M to buy BTC (it currently holds 49,940 BTC worth $6B). 🇷🇺 Putin signed a law setting a mass rollout of Russia’s digital ruble (CBDC) for September 1, 2026. 🪙 Jack Dorsey’s Square begins deploying devices for BTC payments. 🗽 Tether’s executives visited the White House and are now working on entering the U.S. market.

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