Pi Coin has seen significant price movement recently, experiencing a notable drawdown that brought it close to crucial support levels.
Despite this decline, the altcoin managed to hold its ground above a potential all-time low (ATL). Inflows from investors are now providing the much-needed momentum for Pi Coin’s recovery.
Pi Network Is Gaining Traction
The current market sentiment for Pi Coin shows some positive signs. The Moving Average Convergence Divergence (MACD) indicator reveals that the bearish momentum has yet to gain strong traction.
A recent bullish crossover, accompanied by green bars on the histogram, suggests that Pi Coin still has the potential to recover. This is a crucial development, as it indicates that the altcoin could regain upward momentum, potentially avoiding a drop to its ATL.
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The macro momentum for Pi Coin is also showing signs of improvement, as indicated by the Chaikin Money Flow (CMF). The CMF has seen a sharp uptick, signaling an increase in inflows into the altcoin.
While the indicator is still below the zero line, the rising trend suggests that Pi Coin is regaining traction. This could be a critical factor in helping the altcoin maintain its price above the support levels and prevent it from falling to new lows.
Moreover, the growing investor participation in Pi Coin is a positive indicator of its recovery potential. As more investors show interest in the token, it could create a stable foundation for future price growth.
This influx of capital could also support the altcoin in breaking through resistance levels, leading to a potential price rebound.
Pi Coin’s price has decreased by 9.7% in the last four days, with the altcoin trading at $0.442 at the time of writing. It has recently approached the local support level of $0.440, which has been holding steady.
A key factor for Pi Coin’s recovery will be its ability to bounce off the $0.440 support and secure $0.450 as a new level of support. This could set the stage for a price rebound, pushing Pi Coin towards $0.493 and helping it regain the losses incurred over the past days.
However, if investor sentiment shifts from accumulation to selling, Pi Coin may face further downside risk. A breakdown below $0.440 could see the altcoin testing the all-time low of $0.400.
Pi Coin is currently just 9.6% away from this critical level, and if selling pressure mounts, it could reach the ATL once again.
While the broader crypto market is in retreat, Ethena (ENA) is defying the trend, rallying nearly 20% in the past 24 hours and catching the attention of traders across the board.
But what really stands out is the convergence of key signals such as rising whale activity, steady exchange outflows, and a bullish chart setup. All signs suggest that something bigger may be brewing. Could ENA be gearing up for a breakout rally?
Whales Are Gobbling Up Ethena
The most important trend right now is that whales are buying, and not selling. According to Nansen’s dashboard, ENA whale holdings have jumped 8.15% in the last seven days. At the current price, that stands close to $1.87 million.
Ethena price and whale accumulation pattern: Nansen
That’s a sharp increase, and it’s happening while most of the market is either flat or down. This kind of whale behavior usually signals confidence; big players are positioning for a larger move.
At the same time, exchange balances are falling. Over the past week, 1.07 billion ENA tokens have left exchanges.
That means Ethena (ENA) is moving into private wallets, not trading platforms. When this happens, it’s often a sign that holders plan to sit tight. Less supply on exchanges means fewer chances of sudden selling.
In short, big wallets are scooping up ENA, and the token is quietly disappearing from exchanges. That’s a strong bullish setup.
OBV Divergence Hints at Momentum Building Underneath
The chart shows something even more interesting. While ENA’s price made a lower high, the On-Balance Volume (OBV) made a higher high at the time of writing. This is called a bullish divergence; it happens when volume flows suggest buyers are stronger than the price action shows.
At the time of writing, ENA is still inside a converging wedge pattern and trading near $0.57. The OBV trend is breaking higher, which hints that buying pressure is building under the surface. Buyers are quietly stepping in even as the price consolidates.
This kind of divergence often appears before a breakout. Combined with the whale activity, it shows that accumulation may already be underway.
On-Balance Volume (OBV) tracks whether volume is flowing into or out of a token, helping spot hidden trends.
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The Wedge Breakout Could Ignite the Next Leg for ENA’s Price, But $0.60 Is Key
Technically, ENA has been trading inside a wedge since late June. However, just to add another layer of validation, the chart uses the trend-based Fibonacci extension tool. This tool or indicator is used to chart price targets during an uptrend.
The first point of the Fibonacci extension plotting began near $0.22 and extends to a recent swing high around $0.59. Yesterday, ENA retraced to $0.42, but today it’s bouncing back hard and hovering just under the breakout zone.
The big number to watch now is $0.60. That’s the 0.5 Fibonacci extension level from the recent trend. A clean breakout above the wedge at $0.58, followed by the $0.60 mark, could unlock a rally toward $0.65, $0.71, or even beyond. More so with the current whale and volume backing.
However, here’s the catch. If ENA fails to break out and drops back below $0.51, the bullish case weakens. That would invalidate the wedge breakout thesis and could trigger a pullback.
RealT, a Florida-based RWA issuer, is being sued after offering tokenized shares of dozens of homes it does not own. Additionally, code and tax violations have accumulated over 408 properties in RealT’s possession.
This incident highlights a serious potential problem for the entire RWA market. Can these companies really offer returns on property incomes, or will Ponzi schemes power investor yields?
Local media reported that RealT’s fake RWA scheme was very simple. Essentially, the firm offered tokenized shares of 39 homes in Detroit’s Eastside neighborhood.
RealT used this method to obtain $2.72 million of investor funds, well exceeding the $1.1 million asking price of the homes in question. However, it never actually purchased this real estate.
“We’re getting closer to a Ponzi/Madoff-type scheme. If this is true, the very notion of a Real World Asset is void, and I would call into question my entire investment strategy. More clearly stated, I’m withdrawing all my investments from RealT,” an anonymous investor told reporters in an interview.
The company began advertising these RWAs in 2023. Potential users were promised a share of the properties’ rental incomes, but many of RealT’s homes are vacant and/or dilapidated. The city of Detroit is even suing over code and tax violations at 408 of its properties.
To be clear, RealT does own hundreds of the Detroit properties it’s promoting with RWAs. However, it did not complete the purchase for 39 homes in one neighborhood, but it’s nonetheless taken over property management.
Further investigation revealed more than 20 similar cases, where RealT sold tokenized shares of homes it did not own. Even more could exist.
A Big Problem for RWAs
RealT’s scam questions some of the foundational principles of the RWA market. Essentially, this operation couldn’t possibly be profitable even if the firm actually owned every single property it advertised.
To be blunt, there is practically zero experiential overlap between running a Web3 startup and renting out dilapidated houses.
The vacancy rate on RealT’s houses was up to 10x the advertised amount. How can token owners collect a share of nonexistent rents? Many of these homes were explicitly rent-controlled, enticing tenants to live in abandoned neighborhoods.
This measure might encourage Detroit’s urban renewal, but not investor returns.
That’s without counting property taxes, blight tickets, and other such concerns. Property management is a full-time job, but much of RealT’s operations need to focus on attracting crypto investors. In this environment, investor capital might replace the purported engine of real growth—in short, a classic Ponzi scheme.
All that is to say, the RWA market has regulators and investors alike salivating, but the RealT case reminds us of the practical difficulties involved.
The final week of July has seen a noticeable pullback across the crypto market, with Bitcoin (BTC) trading within a tight consolidation range. This muted performance has dampened broader market sentiment, dragging many altcoins lower.
Despite the cautious tone, retail interest in Nigeria—one of Africa’s most active crypto markets—has remained resilient. On-chain and social data reveal that Bonk (BONK), Sui (SUI), and Pepe (PEPE) have emerged as the top three trending altcoins in the country during the final week of July.
BONK
According to Ayotunde Alabi, CEO of Luno Nigeria, Solana-based meme coin BONK is among the top trending assets in Nigeria this week. The recent resurgence in the demand for meme assets has pushed BONK’s value up by over 150% in the past 30 days.
Alabi told BeInCrypto that BONK’s surge in popularity may be tied to the wider altcoin rally. Still, its appeal among Nigerian investors is also driven by its affordability and perceived upside. In a market where many top coins appear overbought, low-cost tokens like BONK offer speculative traders a chance to enter early and ride potential momentum.
“Interest could be based on the broader altcoin momentum, but investors could also be drawn to the low price entry point and potential for long-term growth,” Alabi pointed out.
The meme coin trades at $0.00003 at press time, up 7% in the past 24 hours. BONK could extend its rally toward $0.000038 if buying pressure is sustained. A successful breach of that resistance could propel the altcoin to reclaim its year-to-date high of $0.000040.
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On the other hand, if demand weakens, BONK’s price could dip to $0.000034.
SUI
This week, layer-1 (L1) coin SUI is another altcoin trending among Nigerian traders. According to Alabi, SUI’s resilience and rising visibility in Nigeria can be linked to its expanding ecosystem and increasing institutional validation.
With big names like Grayscale and VanEck backing the token through new investment vehicles, the CEO mentioned that Nigerian investors are paying closer attention to its long-term potential.
He added that the increase in SUI’s total value locked (TVL) over the past month signals a growing adoption and capital confidence in the network’s infrastructure. According to DefiLlama, this currently stands at $2.148 billion, rising by 25% since the beginning of July.
This uptick in TVL reflects increased market-wide participation and suggests that more users and developers are actively engaging with the Sui ecosystem.
SUI currently trades for $3.99. If network activity remains high, demand for the SUI coin will increase, pushing its price toward $4.09. A break above this level could trigger a move to $4.29.
However, if profit-taking continues, the coin’s value could dip to $3.68.
PEPE
Despite a slight pullback over the past week, PEPE also remains on Nigerian traders’ radar. According to Alabi, the coin has benefited from the broader memecoin revival, with gains of around 18% over the last 30 days.
He explained that the strong performance of more established tokens like Dogecoin (DOGE)—which gained roughly 30% in the same period—has helped to renew market confidence in smaller memecoins like PEPE.
PEPE trades at $0.000012 at press time, noting a 5% uptick in the past 24 hours. If buy-side pressure strengthens, the meme coin’s rally could reach $0.000014.
El Salvador has quietly added more Bitcoin to its national treasury, despite recent claims from the International Monetary Fund (IMF) suggesting otherwise.
The country’s latest move signals continued support for its pro-Bitcoin policy, even as external pressure mounts.
El Salvador’s Bitcoin Reserve Numbers Face IMF Doubt
On July 24, El Salvador’s Bitcoin Office confirmed a fresh purchase of 8 BTC, valued at approximately $948,392. The announcement shows the coins were acquired at an average price of $118,549 each.
El Salvador Bitcoin Purchase As Claimed by the Government. Source: Bitcoin Office
According to the IMF, the country has been shuffling coins between wallets rather than making new acquisitions. It argues that these internal transfers create the illusion of accumulation when, in reality, the total amount of BTC held remains unchanged.
The IMF also said the national Bitcoin wallet system does not accurately update reserve figures in real time, leading to further confusion.
John Dennehy, founder of the Bitcoin education project ‘My First Bitcoin’, supported this view. He described the recent wallet activity as “misleading,” stating that transfers between internal accounts are being framed as fresh purchases without increasing the total holdings.
Another day, another Bitcoin transferred from an undisclosed govt controlled wallet to a public facing govt controlled wallet
It’s misleading to present this as El Salvador stacking when in reality the total amount stays the same
The Salvadoran government has not officially responded to the IMF’s statement. However, it continues to highlight its broader Bitcoin strategy, particularly in education.
Stacy Herbert, Director of El Salvador’s Bitcoin Office, pointed to a growing list of national programs aimed at increasing Bitcoin literacy.
These include initiatives like Node Nation for high school students, the Bitcoin Diploma program, and CUBO+, which engages young tech talent across the country. Over 80,000 civil servants are also receiving training under a program known as ESIAP.
Galaxy Digital has disclosed the sale of more than 80,000 Bitcoin—worth over $9 billion—on behalf of a long-term investor.
The transaction, revealed on July 25, is one of the largest ever executed in Bitcoin’s history.
Analysts Trace Galaxy’s $9 Billion BTC Sale to Early MyBitcoin-Era Wallet
According to Galaxy, the Bitcoin belonged to an unnamed client who acquired it during Bitcoin’s earliest days and had held the coins for more than a decade.
The firm described the move as part of the client’s estate planning, hinting at a strategic decision to realize gains after years of holding.
Galaxy Digital’s Embedded Message on Bitcoin Network. Source: Mempool
The transaction included 1 satoshi—Bitcoin’s smallest unit—being sent to each recipient address. This symbolic act captured the attention of blockchain analysts.
“if the press release isn’t on-chain, did it even really happen? this transaction is funded with 80,000 sats from a Galaxy Digital address, and pays 1 sat of dust to each of the addresses involved in the 80,000 BTC sale,” pseudonymous Bitcoin analyst Mononaunt said.
Following the disclosure, blockchain investigators traced the coins to addresses tied to MyBitcoin, one of the earliest Bitcoin wallet services. The platform shut down in 2011 after a notorious hack, leaving many coins unaccounted for.
“It likely belongs to the hacker or the anonymous founder known as Tom Williams. It seems Galaxy Digital bought the #Bitcoin from them, but I’m not sure if they did any forensics,” Ju added.
Meanwhile, market analysts also questioned the strategy behind unloading such a large amount in a single transaction.
Bloomberg’s Eric Balchunas suggested the scale of the Bitcoin sale would have caused significant slippage. He added that the urgency behind the move raised important questions about the seller’s motive.
“Have they lost faith that badly that they want to take that much money out that quickly? Unless they plan to buy the LA Lakers in cash, it seems odd/even concerning,” Bachunas questioned.
However, Eliezer Ndinga of 21Shares suggested that if Galaxy facilitated the transaction, it likely conducted stringent KYC checks, reducing the chances that the seller was an unidentified bad actor.
“It’s a behavior akin to a hacker but if that amount was processed by Galaxy I assumed they had a stringent KYC process to enable transaction to go through,” Ndinga said.
As of press time, BTC is trading above $117,000, a remarkable turnaround for a digital asset that had fallen to a multi-week low under $115,000 amid the sell-off.
Roman Storm’s landmark trial is still ongoing, and federal prosecutors admitted that they’re considering charges against employees at Dragonfly Capital, a VC that backed Tornado Cash.
The presiding Judge sealed a statement describing the specific employees in question. However, the possible charges wouldn’t be directed at Dragonfly or the entire firm. General Partner Tom Schmidt was asked to testify, but pled the Fifth.
Today, they referred to Tornado Cash’s other business connections, specifically its VC backer Dragonfly Capital.
AUSA Rehn: We’ve spoken with Tom Schmidt’s lawyer John Bostick Judge: Are you looking at possibly prosecuting everyone at DragonFly? AUSA Rehn: Not everyone, but Schmidt and
Rehm: My chief says we’ll ask to seal this Judge Failla: Yes, I seal it
Apparently, these emails discussed whether or not to add KYC guidelines to Tornado Cash. Some online commentators speculated that the firm explicitly advised Tornado Cash to disregard KYC protocols, but this is controversial.
Possible New Charges
In any event, US prosecutors claimed that they’re considering charges against several Dragonfly employees due to their possible involvement in Tornado Cash’s alleged illegal activity.
These charges wouldn’t apply to the entire corporate entity or every employee, but the presiding Judge agreed to seal the exact transcript of this exchange.
Tornado Cash’s lawyers requested that Tom Schmidt, a general partner at Dragonfly, testify on the platform’s behalf. However, Schmidt’s attorney invoked the Fifth Amendment, refusing to do so.
Essentially, he argued that Schmidt would be forced to bear witness against himself, which is unconstitutional. It’s unclear if this argument will hold up, but Schmidt didn’t testify today.
For now, then, it’s difficult to make any predictions about Dragonfly’s entanglement with the Tornado Cash case. If prosecutors decline to criminally charge the prominent VC firm, this might jeopardize Schmidt’s bid for immunity.
Of course, the defense called him as a witness, so he could potentially refuse to testify without the Fifth Amendment’s protection.
The trial is now in recess for the weekend, and closing arguments are expected next week.
The crypto market changed its tone midway through the week from bullish to bearish, creating concern for the investors. Since the weekend is known for being a high volatility period, some altcoins could be moving in an unprecedented manner.
Thus, BeInCrypto has highlighted three such tokens that the investors should watch for the better and for the worse.
Conflux (CFX)
CFX has been one of the top-performing altcoins this week, posting an impressive 85% rally. Trading at $0.188, the altcoin is set for potential recovery, with further upward movement expected. This price action reflects renewed investor interest and signals a continued uptrend, supported by the broader market’s positive sentiment.
The formation of a Golden Cross between the 50-day and 200-day EMAs further supports the bullish outlook for CFX. As the 50-day EMA crosses over the 200-day EMA, it indicates momentum building for a potential price surge. This could push CFX past the current resistance of $0.194, targeting $0.240.
However, if investor sentiment shifts and selling pressure increases, CFX could face a significant decline. A sell-off could result in a drop to $0.146, erasing much of the recent gains. This downside risk highlights the importance of maintaining investor confidence to sustain the bullish momentum for CFX.
Pudgy Penguins (PENGU)
PENGU fell 12% in the last 24 hours, trading at $0.037. The altcoin slipped below the support level of $0.040 after a failed attempt to breach its all-time high (ATH) of $0.046. This downturn reflects waning momentum and investor uncertainty.
Despite the recent setback, there remains hope for a new ATH among investors. The Parabolic SAR indicator below the candlesticks suggests an active uptrend, signaling that PENGU could continue to rise. If the market conditions stabilize, the altcoin could regain its bullish momentum, potentially surpassing the previous highs.
However, if the market turns bearish, PENGU could face further losses. A drop to the support level of $0.029 is possible, invalidating the bullish outlook.
Pump.fun (PUMP)
PUMP has noted a sharp 25% drop during the intra-day lows over the last 24 hours, trading at $0.00258. The altcoin, continues to lose traction in the market which is signaling further decline.
The next major support for the token sits at $0.00212, and if the selling persists, this level might be tested this weekend. This, in turn, could trigger further selling from PUMP holders, making it vulnerable to further correction.
However, since PUMP managed to recover from today’s slump, it could secure the support at $0.00249. A successful rebound at this level could pave the way for a push past $0.00292, sending the altcoin towards $0.00380.
The broader crypto market has dropped over 5% this week, but the Real World Asset (RWA) sector is showing signs of resilience. While most altcoins struggle, the RWA market cap remains relatively stable at around $49.8 billion, indicating steady interest despite broader market weakness.
Amid this backdrop, a few RWA tokens have not only held their ground but also posted solid gains, attracting both whale activity and on-chain attention. We’ve picked three standout RWA tokens that are showing strong momentum as August approaches. Read on to learn which coins are gaining traction, what’s driving their rally, and why they should be on your radar.
Maple Finance (SYRUP)
Maple Finance is a DeFi lending protocol that lets trusted firms borrow crypto without collateral. It’s built for real-world use, and interest is rising as more institutional players tap into on-chain credit.
SYRUP, Maple’s RWA token, is flashing strength. It’s up 31% over the past week and 25% in just 24 hours. The move is backed by strong on-chain action. Whale holdings have surged 26.25% in a day, now totaling 11.98 million SYRUP.
Smart money wallets are also up 22.57% in the same period. Exchange balances fell by 16%, suggesting lower selling pressure.
Maple Finance, as the top RWA altcoin for August: Nansen
From a technical view, SYRUP has broken past a key Fibonacci resistance at $0.57, which marks the 0.5 Fib extension level. It’s now trading near $0.60, with the next key resistance at $0.65 (previous swing high). If that breaks, the full extension could push the price toward $0.7407.
Note that this RWA token managed to break through multiple resistance levels with a single rising candle, but the sellers quickly pushed the prices down.
If price breaks back below $0.55 and exchange balances reverse, the upside case weakens. But for now, bulls seem in control.
For token TA and market updates: Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
Zebec Network (ZBCN)
Zebec Network is a Solana-based real-world asset (RWA) payments platform focused on programmable cash flows. It allows users and institutions to stream payments in real-time, making it useful for payroll and subscriptions. Its use case is gaining attention as RWA protocols grow in demand.
ZBCN, the RWA token, has jumped 44.3% over the past week and is up 11.5% in the last 24 hours. This surge comes alongside a steady uptick in whale and smart money interest, making it one of the strongest altcoin performers during the broader market dip.
From Nansen’s dashboard, whale holdings have risen 1.52% over the past 7 days to 487.98 million ZBCN, while smart money holdings are up 7.84% to 50.51 million. These inflows suggest quiet accumulation by deep-pocketed investors. Public figure wallets also rose 4.61%. Meanwhile, exchange balances have dropped slightly to 21.14 billion, which hints at reduced sell pressure.
The price has broken past the downtrend resistance and has flipped the $0.0038 into a strong support zone. It now sits around the $0.0042 level. If it clears the $0.00478 Fibonacci resistance next, a move toward $0.0055 or even $0.0063 could follow.
However, if it fails to hold $0.0038, a short-term correction toward $0.0023 may be possible.
OriginTrail (TRAC)
OriginTrail is a Web3 data and AI project focused on supply chain transparency and real-world asset integration. It helps verify and track physical items on-chain, from pharmaceuticals to luxury goods. With RWA demand rising, OriginTrail is gaining attention.
TRAC price is up 2.1% today, bucking the broader market’s weakness. In the last 7 days, whale holdings are up 323%, signaling rising big-player interest. Nansen data shows top 100 holders increased their stash by 2.03%, while exchange balances dropped 4.24%, suggesting less selling pressure ahead.
Even though the exact token numbers aren’t high, whale interest cannot be undermined.
On the price chart, TRAC recently broke above the $0.48 resistance and is now hovering around $0.50. If it clears $0.53 (a level rejected earlier), the Fibonacci extension chart points to upside targets at $0.69 (the 1.618 Fib extension).
If the price falls below $0.48, the rally may pause and test the support at $0.44 or even $0.41. But with whales stacking and exchange supply dropping, the bullish momentum looks intact, and TRAC may have more upside as RWA narratives heat up.
Elon Musk has emerged as the most influential figure in crypto, surpassing US President Donald Trump. The top ranks of crypto influence also include current and former Congresspeople. Notably, only one non-US politician and one woman made it onto this influential list.
The analysis carried out by ApeX Protocol used data-driven metrics to identify and rank public figures who have the most influence in crypto today.
Crypto’s Most Influential Voices Today
Earlier this month, trading platform ApeX Protocol released an in-depth analysis identifying crypto’s most influential voices. Their methodology combined estimated crypto holdings, net worth, and social media reach.
“What this ranking really shows is that crypto influence isn’t just about who has the biggest wallet. It’s also about who’s being listened to… That kind of mix is what makes the crypto space so unique right now. It’s not just tech or finance, it’s politics, communication, and culture all wrapped into one,” an ApeX spokesperson said.
Politicians who have the most influence in crypto. Source: ApeX Protocol.
Final scores were determined by total followers across X and Instagram, reflecting each figure’s ability to shape public opinion and attract attention to the crypto space.
1. Elon Musk
The Tesla CEO and Dogecoin enthusiast surpassed President Trump as crypto’s most influential political figure. Musk’s substantial social media following of 221.2 million, where he frequently shares his crypto views, and his estimated $2 billion in crypto holdings, including corporate investments, propelled him to the top across all measures.
2. Donald Trump
The sitting US President secured the second position. He commands 142.7 million followers on X and possesses the third-highest crypto portfolio, exceeding $1.3 million. A report published by the Democracy Defenders Fund earlier this year found that the President’s crypto assets make up 37% of his total wealth.
3. Nayib Bukele
El Salvador President Nayib Bukele is the only non-US politician in the top 10. He holds an estimated $8.4 million in crypto assets and, despite initially making Bitcoin legal tender, later reversed this under pressure from the International Monetary Fund. He frequently engages with his 17.6 million followers on social media about crypto.
4. Robert F. Kennedy Jr.
The current Secretary of Health and Human Services holds $750,000 worth of cryptocurrency in his portfolio. He has widely followed social media accounts totalling nearly 11 million.
Robert F. Kennedy Jr becomes more of a legend everyday.
Kennedy frequently refers to Bitcoin as the “currency of freedom.” He believes it offers a hedge against inflation for middle-class Americans and can act as a remedy against the devaluation of the US dollar, which he fears is at risk.
5. Ted Cruz
The current US Senator for Texas and former Solicitor General of his home state holds approximately $32,500 in cryptocurrency. He maintains a significant social media presence with 9.1 million followers across X and Instagram.
Cruz strongly advocates Texas as a Bitcoin mining and crypto hub for jobs, innovation, and growth. He champions Bitcoin and other cryptocurrencies as vital safeguards against government control and for financial freedom, emphasizing decentralization against overreach, unlike Central Bank Digital Currencies.
6. JD Vance
Following closely behind Senator Cruz, Vice President JD Vance emerged as a key influential figure in cryptocurrency, securing the sixth spot. His impact is drawn from his role in public office and his substantial social media reach of 6.2 million followers. His estimated crypto holdings of $375,000 place him ahead of most politicians.
Vance believes the US should strategically embrace Bitcoin, especially given China’s ban on cryptocurrency trading and mining. He suggests Beijing’s Bitcoin opposition should motivate the US to adopt it.
The Vice President has also commended the US government’s establishment of a Strategic Bitcoin reserve and consistently encourages the crypto community to remain politically active.
7. Madison Cawthorn
Madison Cawthorn, the 29-year-old former Republican US Representative for North Carolina, holds $116,500 in digital assets.
As the youngest public figure on this list, he maintains a significant social media presence with over 1.18 million followers. Identifying as a constitutional conservative, he demonstrates crypto’s appeal among a new generation of political voices.
Cawthorn generally favors crypto. He previously promoted the “Let’s Go Brandon” (LGB) coin, expressing bullish sentiments like “This is going to the moon.” Yet, his crypto dealings sparked controversy.
In December 2022, the House Ethics Committee determined he improperly promoted a token in which he held an undisclosed investment and received an “improper gift” through favorable terms.
A recent disclosure filed with the #US House of Representatives revealed that @RepCawthorn failed to report $950,000 in #crypto trades!
He also failed to file timely transaction reports. Allegations of insider trading were investigated, though the Committee didn’t conclude he profited from non-public information.
8. Cynthia Lummis
Wyoming Senator Cynthia Lummis is a leading advocate for cryptocurrency in Congress, often called the “Queen of Crypto,” and is the only woman on this list to make the top 10.
She holds an estimated $230,000 in crypto reserves and commands an engaged social media following of over 390,000. Lummis currently chairs the Senate Banking Subcommittee on Digital Assets.
Pro-digital assets. Pro-innovation. Pro-America.
These market structure principles will guide legislation to make the U.S. the crypto capital of the world. pic.twitter.com/UQki5meTcc
In March 2025, she reintroduced the BITCOIN Act to establish a US Strategic Bitcoin Reserve. Lummis also co-sponsored the GENIUS Act, which President Trump recently signed into law.
She supports the CLARITY Act, a bill that, if enacted, would establish a regulatory market structure for digital assets.
9. Francis Suarez
Miami Mayor and prominent lawyer Francis Suarez comes in second-to-last place with $10,000 worth of virtual currencies and over 200,000 followers across social media.
Despite being on the lower end of the net worth scale, the Republican mayor has gained significant national attention for his strong advocacy and ambitious cryptocurrency-related initiatives.
Suarez has actively pursued a vision to make Miami the “Bitcoin capital of the world” to drive economic growth and attract tech talent. His initiatives include accepting his salary in Bitcoin and enabling tax payments in crypto.
He also played a key role in launching MiamiCoin and actively recruits crypto businesses. Despite market volatility, he views Bitcoin as a “currency of freedom” and a vital tool for economic diversification.
10. Pat Toomey
American businessman and former Representative from Pennsylvania Pat Toomey rounds out the top ten with nearly $8,000 worth of crypto and almost 187,000 followers on social media.
As former Ranking Member of the Senate Banking Committee, Toomey championed the need for a defined regulatory framework distinguishing crypto commodities from securities.
Toomey was a key figure in stablecoin legislation, introducing the 2022 Stablecoin TRUST Act to ensure proper backing and transparency.
Honorable Mentions: Michael Collins and Michael McCaul
Michael Collins, a US Representative for Georgia, holds an estimated $8,000 in cryptocurrency. While he only has 130,000 followers across social media, his substantial $18.75 million net worth keeps him influential in the broader crypto conversation, placing him just outside the top 10.
Michael McCaul, a US Representative for Texas and the current House Foreign Affairs Committee Chairman, concludes the list of influential political figures in crypto.
He possesses the third-highest net worth in the ranking at an estimated $200 million. McCaul’s reported crypto holdings are tied to those of Michael Collins.