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📢 The Blockchain Association is urging the SEC to repeal outdated Rules 611 and 610(e), arguing that U.S. market structure rules need to evolve alongside the growth of tokenization.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

📢 Conviction buyers continue to accumulate $BTC, with the strongest buying activity concentrated around $60K in January, according to Glassnode.

📢 Solana recorded 1.2B weekly transactions, excluding vote transactions.

📢 Strategy says 12 of its 15 largest institutional shareholders increased their MSTR holdings in Q2, collectively adding around $1.2B in exposure.

📢 $1.19B worth of crypto positions were liquidated over the past hour, with shorts accounting for $1.10B of the total.

📢 Bitcoin’s spot demand is nearing a positive flip for the first time since February, a historically bullish signal that has delivered an 18.1% median 60-day gain with a 78% win rate, according to CryptoQuant.

📢 Rain has launched the Agentic Payments Alliance, bringing together 26 founding members, including Visa, Mastercard, Circle, Solana, and Uniswap.

📢 Hyperliquid and Ethereum are leading the broader crypto market in today’s rally, outperforming all other major digital assets, according to Glassnode.

📢 Ethereum’s exchange supply has dropped about 15% over the past 11 weeks, while Bitcoin’s exchange balances have quietly recovered, according to Santiment.

📢 US stocks are on track for their second-best decade ever, with the S&P 500 already up 141% since the end of 2019 and projected to gain roughly 277% by decade-end, according to The Kobeissi Letter.