TokenPost
Hello. This is TokenPost. Today, we will quickly look through the materials we've prepared and delve deeply into the latest trends and meanings of the rapidly changing cryptocurrency market. We'll explain the key information you must know in an easy-to-understand way.
Host
Good. Let's first review the market conditions as of 4 PM on Monday, August 4th, 2025.
TokenPost
Yes, yes
Host
Today, the market is generally mixed. There's no clear direction, and investors seem to have become somewhat cautious.
TokenPost
It's a mixed market. Let's look at the BTC price first. Currently, it's trading at $114,440.70, up 0.75% from the previous day. There's no significant movement.
Host
That's right. However, Ethereum ETH is relatively strong.
TokenPost
Oh, Ethereum.
Host
It's up 2.85% to $3,540.81, and especially XRP is notable, rising 5.05%.
TokenPost
Wow, 5%?
Host
And Solana SOL is up 1.03%. Major altcoins are showing a better trend compared to Bitcoin.
TokenPost
I see. The total cryptocurrency market capitalization is now around $3.72 trillion, with a 24-hour trading volume of about $110 billion. Bitcoin's market share has slightly decreased to 61.22%, while Ethereum's has increased to 11.48%. How should we interpret this market share change?
Host
Yes, the decrease in Bitcoin's market share and the strength of altcoins could indicate that some risk appetite has emerged in the market, or there might be expectations of positive news for individual altcoins. However, the derivatives market trading volume has decreased by about 26.49% from the previous day, which is worth noting.
TokenPost
Oh, it has decreased significantly.
Host
It could be interpreted as a wait-and-see signal, as if everyone is observing something important that might be announced or changed.
TokenPost
Ah, as you mentioned, one of the important changes is the regulatory news.
Host
That's right. Especially the news that the Commodity Futures Trading Commission CFTC and the Securities and Exchange Commission SEC are collaborating is most notable. They're calling it CryptoSprint.
TokenPost
Yes, according to the White House guidelines, these two agencies are beginning to work together to clarify cryptocurrency regulations.
Host
Yes, according to Cointelegraph, Caroline, the acting CFTC chairperson nominee, mentioned that this is a movement to realize the Trump administration's vision of making the US the cryptocurrency capital of the world.
TokenPost
Oh, the goal is quite significant. What specific areas will they be addressing? Previously, these two agencies used to dispute jurisdictional issues.
Host
That's right. The key tasks of this collaboration can be seen in three main areas. First, establishing clear criteria for classifying cryptocurrencies as commodities.
TokenPost
Ah, the commodity classification criteria.
Host
Second, creating registration requirements for changes in decentralized finance (DeFi).
TokenPost
Yes
Host
Third, refining regulations for blockchain-based derivative products. Especially if the commodity classification criteria become clear, market uncertainty could be significantly reduced.
TokenPost
That's right. That would be the most important. There's talk about introducing a joint regulatory sandbox. What would this mean for companies?
Host
The regulatory sandbox is a system that temporarily relaxes regulations to allow testing of new financial services or technologies in the actual market.
TokenPost
Yes
Host
If implemented, it could create an environment where innovative cryptocurrency-related services can be more freely experimented with and developed. We'll need to continue watching how US regulations will be specifically shaped.
TokenPost
Besides these US movements, there are also various other domestic and international news. Could you briefly highlight them?
Host
Domestically, Toss and Bithumb are discussing cooperation to build a payment system based on stablecoins.
TokenPost
Toss and Bithumb?
Host
Similar to how Naver Pay and Upbit are already cooperating, we'll need to watch if competition in the domestic simple payment market using stablecoins will become more active.
TokenPost
Interesting. In terms of technology development, the Cardano community has passed a proposal to support development funds of about $71 million.
Host
That's right. It includes things like the Hydra protocol for improving transaction speed, so it might be an important milestone for the Cardano ecosystem.
TokenPost
I see. We're also continuously hearing news about companies investing in Bitcoin.
Host
Yes, that's right. European listed companies like Capital B, British web development company Smart Web Company, Swedish health tech company hx10, and others have raised funds to invest in Bitcoin. Japanese Meta Planet has also reportedly bought additional Bitcoin.
TokenPost
Ah, so institutional interest is still high.
Host
Yes, that's right.
TokenPost
On the other hand, the former finance minister in the UK made some critical remarks. He pointed out that the lack of clear regulations is causing the UK to fall behind in the innovation flow. It makes us think again about the importance of regulatory clarity.
Host
That's right. It's really important. And there's also a somewhat unfortunate news.
TokenPost
Yes
Host
Do you remember James Howells, who lost a hard drive containing 8,000 BTC in 2013?
TokenPost
That famous person. Yes
Host
He tried to find that hard drive for over 10 years but has finally given up the search.
TokenPost
So he couldn't find it. At today's value, it's almost over 1 trillion won
Host
Yes, it's an enormous amount. It should be considered permanently lost.
TokenPost
Wow, it's really unfortunate. Looking at the news we've covered today, while regulatory environment changes, technological developments, and increased corporate participation are important, it also reminds us once again how crucial it is for individuals to safely store and manage cryptocurrencies.
Host
That's right.
TokenPost
What aspect do you find most important in this changing flow? We'll leave this as a question for our next in-depth discussion. This is TokenPost signing off.
Host
Thank you.
