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ETH $1.9K · South Korea to tax crypto gains over $1,740 starting 2027 ‌ ‌ ‌ ‌ ‌
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Coin Mornings
Your daily crypto, before coffee.
Issue #47 · Thursday, July 30, 2026
Market mood  Fear · 28/100  ▼ from 29 yesterday
Bitcoin held near $64,500 as markets absorbed Fed hawkishness and geopolitical tensions, with crypto regulation and security breaches dominating news.
 
 

  The Numbers

Bitcoin (BTC)$64,506  -0.2%
-1.7% this week
Ethereum (ETH)$1,918  -0.2%
-0.4% this week
Total crypto market$2.29T  +0.2%
BTC dominance 56.6% · BTC 49% below its all-time high

  The Movers

Top gainers (24h)

PI Pi Network+5.3%
INJ Injective+4.2%
BEAT Audiera+4.0%
NEAR NEAR Protocol+3.6%

Top losers (24h)

M MemeCore-17.9%
VVV Venice Token-6.7%
STABLE ​​Stable-4.6%
ALGO Algorand-2.9%

From the top 100 coins by market cap.

  The Read

Where the chart sits — description, not prediction

Bitcoin sits between its 50-day ($63.4K) and 200-day ($71.6K) averages — a trend in transition. Over the past 30 days it has traded between $60.0K and $66.5K; today's price sits in the upper third of that range. RSI(14) is 54 — momentum is roughly neutral.

See all nine coins on the daily markets page →

  The Brief

 South Korea to tax crypto gains over $1,740 starting 2027

South Korea's parliament is moving forward with a long-delayed tax plan on cryptocurrency profits, set to take effect January 1, 2027, after multiple postponements. (CoinDesk)

 Bitcoin resilience tested amid Fed hawkishness, oil surge, geopolitical stress

Bitcoin remained near $64,000 despite the Federal Reserve signaling potential rate increases, Iranian ballistic missile strikes, and broader stock market weakness. (CoinDesk)

 Crypto exchange Luno cuts 20% of workforce as trading volume declines

DCG-owned exchange Luno reduced headcount again as retail trading activity continues declining, following a larger 35% layoff in early 2023. (CoinDesk)

 Fake Flare Network staking site stole $8.5 million in XRP

Scammers created a counterfeit Flare Network site using fake Wikipedia entries and YouTube videos to legitimize a phishing scheme targeting XRP holders. (Decrypt)

Partner

Not your keys, not your coins.

A Ledger hardware wallet keeps your crypto offline and out of reach of exchange hacks.

Shop Ledger wallets →

Crypto 101

Why do exchanges ask for ID?

US law requires "know your customer" checks to prevent money laundering — the same rules banks follow. Regulated exchanges verify identity before allowing trading.

“Dollar-cost averaging beats market timing for most people, most of the time.”

Coin Mornings is an educational digest for US readers. Nothing here is financial, investment, tax, or legal advice. Crypto is volatile — never invest more than you can afford to lose. Some links are affiliate links; we may earn a commission at no cost to you. Prices via CoinGecko, sentiment via alternative​.me, captured shortly before send.

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