π’ President Trump is calling on the U.S. Senate to pass the CLARITY Act, warning that failing to do so could allow China to take the lead in digital finance and AI.
π’ According to Glassnode, Bitcoinβs bottoming process is progressing, though downside risks remain even after long-term holder capitulation appears to have peaked.
π’ According to Bitwise, individual investors hold 66.1% of Bitcoinβs total supply, while businesses account for 7.8% and funds and ETFs hold 7.2%.
π’ A block worth around $200,000 was mined by a lone Bitcoin miner using a sub-$200 Bitaxe mining setup, making it the 12th block discovered by a hobby miner in 2026.
π’ The ECB has chosen 36 payment providers, including Stripe, Revolut, and Deutsche Bank, to participate in digital euro testing ahead of a planned 2027 pilot.
π’ Michael Saylor described Bitcoin as βdigital capital,β saying Strategy is building on that foundation by turning it into βdigital credit.β
π’ President Trump has replaced the proposed 20% U.S. reimbursement fee with trade and investment agreements involving Gulf nations, while introducing a blockade targeting Iranian shipping.
π’Japan has officially approved legislation to legalize Bitcoin and crypto ETFs, while also moving toward cutting crypto taxes from 55% to 20%. The worldβs fourth-largest economy is making a significant push toward broader crypto adoption.
π’ Despite the recent sell-off in the market, Cathie Wood's ARK Invest continued its July purchases by acquiring an additional 220,000 Circle ($CRCL) shares valued at $13.9 million.
π’ DePIN is one of the worst-performing cryptocurrency sectors, with its entire market capitalisation down 83% from its peak in March 2024 to $3.46 billion.