🗣 Adam Back stated, "The adoption of Bitcoin treasuries remains largely ahead of us. That's another catalyst that's still coming." He also remarked, "Everybody buys #BTC at the price they deserve.".

📉 US inflation falls to 3.5%, lower than expectations. #macro

🇺🇸📝 #macro US:
- Consumer Price Index (CPI; June):
- m/m: -0.4% (forecast: -0.1%; prior: 0.5%)
- y/y: 3.5% (forecast: 3.8%; prior: 4.2%);
- Core CPI (y/y): 2.6% (forecast: 2.8%; prior: 2.9%).

🇺🇸🗽 Macro Kevin Warsh:

- Economic activity is growing at a steady pace.
- The housing sector presents a different picture and continues to lag behind.
- The American labor market overall looks stable.
- The Federal Reserve is monitoring the impact of artificial intelligence on inflation and the labor market.
- It is intolerant of sustained high inflation. #ai

🚀 #BTC Bitcoin pumps to $63,871

🕵️‍♂️ 3,071.42 #BTC ($195,905,830)
Aggregated inflows to Binance.

⛏️ Solo miner running a $150 Bitaxe Gamma ASIC mined Bitcoin block #957382, gaining 3.1382 $BTC of block reward.

💸 #BTC $100,000,000 worth of crypto shorts liquidated in the past 60 minutes.

🕵️ 268,000,000 $USDC (268,100,902 USD) transferred from Coinbase Institutional to Coinbase.

💸 After losing $46.46M shorting $HYPE, Loracle.hl opened new positions today: long on $SKHX and short on oil.

His PnL has been a roller coaster, swinging from a peak profit of $42.87M to a $17.27M loss, and now back to an overall profit of $2.06M.

😱 $IBM crashes 25% at open after reporting lower than expected earnings.

🕵️ Grayscale transferred 852.7 $BTC worth $54.4M to Coinbase Prime.

🙅 Warren Buffett plans to donate his remaining Berkshire Hathaway stake over the next eight years. He has also removed the Gates Foundation from his list of future recipients.

🗣 Senator Cynthia Lummis on Clarity Act: "We'll introduce bill text in the next few days — it's time to land this plane"

💸 #BTC Over the past two weeks, a major liquidation cluster has formed between $56,200 and $57,500.

Bitcoin needs to remain above its current price levels; otherwise, the most likely scenario is a move lower to liquidate these leveraged long positions.

🧑‍💻 Chinese AI firm DeepSeek prepares to file for an IPO as soon as this year.

🇺🇸👀 Crypto #ETF Flows Today:

Bitcoin ETFs:
1D NetFlow: -6,904 $BTC (-$440.45M)
7D NetFlow: -8,166 $BTC (-$521.02M)

Ethereum ETFs:
1D NetFlow: -8,807 $ETH (-$16.38M)
7D NetFlow: +26,101 $ETH (+$48.55M)

🇨🇳🗣 #ID Just In: Coinbase Opens Registration to Users in China

On July 14, multiple social media users reported that Coinbase had opened account registration to users in China. Wu Blockchain confirmed the change with Coinbase staff, who stated that users can now complete verification using a Chinese national ID and a mainland China address. Previously, the process required a Chinese passport and a Hong Kong address.

🇺🇸🗣 Fed Chair Kevin Warsh states that the US should not bail out anyone, including the crypto sector. #macro