🗣 Senator Cynthia Lummis states that the Clarity Act "is likely our last chance to get real legislation for digital assets on the books before 2030." She emphasizes that failure to pass the Clarity Act would result in spending the next decade catching up. #regulation

🇺🇸👀 Crypto #ETF Flows Today:

Bitcoin ETFs:
1D NetFlow: +197 $BTC (+$12.21M)
7D NetFlow: +1,244 $BTC (+$76.99M)

Ethereum ETFs:
1D NetFlow: +12,193 $ETH (+$21.19M)
7D NetFlow: +52,319 $ETH (+$90.93M)

🐳 #AI Paradigm raised 1.2 billion dollars to establish a fund focused on AI.

🐳 #BTC Mike Flaum stated that his strategy had 193,000 Bitcoin in early 2024, which quadrupled in 2.5 years. He noted that they believed reaching 200,000 was a significant achievement. Flaum also predicted a market bottom this summer, expecting a trend upward through year-end, while criticizing naysayers for overlooking the compounding effects.

⚠️ Bitcoin tends to rally in July, even in bear markets.

In 2018 and 2022, #BTC gained +20% and +17% in July despite weak broader trends.

With Bitcoin entering this July fresh off a $57.7K bear-market low, seasonality now skews near-term risk toward more upside.

📊 #BTC AI data center developer Hyperscale Data has purchased an additional 50.65 Bitcoin, bringing its total holdings to 899.65 BTC.

Bitcoin 100 Ranking: 49.

🇺🇸🗣 CFTC Chairman Mike Selig states that there will never be a CBDC under President Trump. He emphasized, "It is a policy of this administration to prevent a central bank digital currency from coming to fruition." #regulation

🕵️‍♂️ A whale consolidated ~$5.85M in $HYPE and $LIT into a single wallet, likely accumulated through Galaxy Digital.

Received:
• 78.1K $HYPE ($5.25M)
• 263.7K $LIT ($601K)

Address: 0xD9E7B0492B9a1E6b99F9Bbf5D5Ac5a7F19ca2Be9

🏦 #BTC BlackRock bought $250M worth of Bitcoin over the past 2 days after more than 2 weeks of daily selling, per Arkham.

🕵️ #BTC #ETH Nexo Launches Crypto Card for Spending and Borrowing in Argentina

Nexo launched the Nexo Card in Argentina, enabling eligible users to spend digital assets in debit mode or borrow against their holdings in credit mode without selling them. The card allows users to switch between these modes in one interface, offering cashback on eligible purchases and interest on idle in-app balances.

📊 #BTC Bottom Building in Progress

Bitcoin remains in deep value after five months below key investor cost bases. Long-term holder capitulation has peaked at $280M per day, while ETF flows remain net negative. Derivatives are leaning cautiously long, but the options market still prices in downside risk. The bottoming process is advancing, but it is not yet complete. #etf

🇺🇸⚠️ CFTC Chair on Passing the Clarity Act: "We're So Close."

"We have to get this done. It's absolutely critical that we have a federal standard for crypto assets.". #regulation

👮 #BNB Binance has started to cooperate less with US authorities in investigations related to cryptocurrency matters.

🇮🇷🗣 Trump says he is no longer sure he wants a deal with Iran, adding, “Let’s just finish the job.”

🔮 $200 billion VanEck expects Bitcoin to be "materially higher" in a year.

VanEck's Matthew Sigel is advising clients to gradually build their #BTC positions over the coming months.

🗽 #ETH Robinhood Chain’s total value secured grew 60% in just 15 hours, rising from $259.04M to $415.09M.

What’s driving the increase?

• ETH & derivatives: $12.72M → $59.29M (~5x)
• Other assets: $288K → $94.99M (0.1% → 22.8% of TVS)
• Stablecoins: $246.31M → $260.80M #stablecoin

🗣 Elon Musk says "AI is advancing at an incredible pace."

📊 BlackRock $IBIT has withdrawn another 883.6 $BTC ($54.8M) from Coinbase Prime.

Over the past 24 hours, the ETF has received 3,268 $BTC (~$208M) from Coinbase Prime. #etf

🆕 Federal Reserve says a few officials support raising interest rates.