📢 The market for stablecoins is currently smaller than it was on January 1.

📢 Paulo Ardoino: Tether does not currently have any plans to create a blockchain.

📢 El Salvador continues to make purchases. Nearly every day. Nothing sells.

📢 According to Darkfost, a CryptoQuant analyst, 3.56 million Bitcoin, or 17.7% of the total amount in circulation, is currently deemed lost.

📢 According to Alex Thorn, head of research at Galaxy, the Coldcard attack is still going on.

📢 $BTC, $ETH, and $SOL are all trying to recover, but none has confirmed a full trend reversal yet. $BTC is testing resistance around the low $63K area, $ETH is holding the strongest short-term structure above $1,830, while $SOL is sitting at a key pivot near $75.50. The market is improving, but it still needs clean breaks above nearby resistance before this recovery can develop into a sustained move.

📢 Top Gainers

Bitway BTW
Chainlink LINK
World Liberty Financial WLFI
Worldcoin WLD
OKB OKB
JUST JST

Top Losers

Uniswap UNI
Pepe PEPE
Cardano ADA
Bitcoin Cash BCH
Hedera HBAR
Ondo ONDO

📢 U.S. businesses are ramping up AI spending, with the top 1% now spending a record $7,400 per employee each month, more than 600× the median firm’s spending.

📢 Consumer confidence has fallen to an all-time low despite stocks trading at record highs, while Bitcoin has been left behind as capital rotates into equities, AI, and commodities, according to Glassnode.

📢 According to CryptoRank, stablecoin card top-up volume surpassed $1 billion for the first time in July.

📢 The U.S. Treasury has released proposed rules for the GENIUS Act on stablecoins, kicking off a 60-day public comment period.

📢 U.S. 30-year Treasury yields surged to 5.28%, the highest since 2007, as fiscal deficits, heavy corporate borrowing and Fed policy uncertainty weigh on Treasury demand despite softer inflation, potentially driving borrowing costs higher across the economy.

📢 The tokenized RWA market has expanded to $44.7B, with Ethereum dominating at $23.3B, according to Token Terminal.

📢 The Blockchain Association is urging the SEC to repeal outdated Rules 611 and 610(e), arguing that U.S. market structure rules need to evolve alongside the growth of tokenization.

📢 Bitcoin outperformed equities today, according to @glassnode, but it has beaten the S&P 500 on just one-third of trading days over the past three months, marking its longest underperformance streak in six years.

📢 Trump shared a map depicting the Strait of Hormuz as “New US Territory.”

📢 Robinhood Chain’s TVL has surged 45% in August to a record $542M, driven largely by stablecoin inflows, with Ethena’s USDe up 50% this month. Meanwhile, tokenized stocks have fallen from one-third of TVL to just 6%, despite being touted as the chain’s flagship use case.

📢 India’s cash circulation continues to grow at double-digit rates despite the rapid expansion of digital payments, according to the RBI.

📢 OpenAI’s ChatGPT-5 and DeepSeek V4 Flash have recorded high success rates on cybersecurity tasks.

📢 🇩🇪 Germany’s 30-year borrowing costs have climbed to a 15-year high amid rising debt and inflation concerns. The country issued €4B in bonds at a 3.783% yield, attracting more than €38B in demand, while its 2027 net financing needs are projected at €204B and Bund issuance is set to hit a record €163B.