🌎 CRYPTO CLASS HQ - PROFESSOR CRYPTO
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📢 Apple has regained its position as the world's most valuable company, reaching a $4.95 trillion market capitalization and surpassing Nvidia.
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📢 Nvidia's five-year CDS widened following reports of new AI deals linked to its reported $750 billion AI infrastructure expansion.
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📢 New York Attorney General Letitia James warned that the CLARITY Act could weaken state oversight of the crypto industry, urging Congress to strengthen the bill with additional consumer protections instead.
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📢 According to Grayscale, $HYPE ETF inflows are outperforming those of $BTC, $ETH, $SOL, and $XRP at the same stage of their lifecycle on a market-cap-adjusted basis.
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📢 According to PeckShield, the exploiter behind the Across Protocol attack has returned 331.8 $ETH, valued at roughly $624,000, following the $3.6 million Solana exploit.
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📢 According to CryptoRank, RWA tokens outperformed all major crypto narratives in July, posting a median return of 10%.
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📢 Coinbase says Federal Reserve payment accounts should broaden financial access while allowing participants to earn interest, with regulation based on actual risk levels.
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📢 According to a CryptoQuant analyst, TradFi perpetual open interest has more than doubled to over $2 billion since May, with Binance accounting for roughly 35% of open interest across both crypto and TradFi perpetual markets.
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📢 Uniswap founder Hayden Adams dismissed concerns over the v4 fee switch, saying liquidity provider earnings remain unchanged because protocol fees are additive rather than deducted from LP rewards.
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📢 Trade.xyz says it will reimburse liquidation losses caused by the SKHYNIX price anomaly on July 27, despite maintaining that its oracle system functioned as intended.
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📢 A Bitcoin miner mined an empty block at block height 960,017.
📢 According to CryptoQuant, TradFi perpetual open interest has surged to more than $2 billion since May, with Binance capturing roughly 35% of the market.
📢 The U.S. Treasury repurchased $2 billion in long-term government debt.
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📢 Ethereum Institutional has completed its initial ecosystem funding round, securing backing from more than 100 participants across the Ethereum ecosystem.
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📢 Digital Currency Group (DCG) has urged U.S. Senate leaders to approve the CLARITY Act, calling for clear crypto regulations instead of regulation through enforcement.
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📢 According to CryptoRank, crypto venture capital activity has dropped to its lowest level since November 2020, with just 150 unique funds participating in funding rounds this month.
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📢 According to River, Bitcoin bear markets have historically lasted an average of 383 days.
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📢 According to a16z, the average startup founder is getting younger, while the average founder of a unicorn company is getting older.
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📢 Jack Dorsey's Block has urged U.S. Senate leaders to bring the CLARITY Act to a floor vote, calling for clear crypto regulations and stronger legal protections for developers and self-custody.
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📢 According to RWA.xyz, the number of tokenized equity holders has climbed to a record 759,000, rising 92% over the past 30 days and 522% year-to-date.
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