📢 OpenAI backs California’s SB 53, calling for stronger monitoring of frontier AI models and enhanced cybersecurity safeguards.

📢 According to River, 49.6M U.S. adults own Bitcoin, nearly 21M more than the 28.8M who own gold.

📢 The Trump team sold $TRUMP tokens and received 3.39M $USDC through liquidity add/remove activity.

📢 China reportedly bought significantly more gold than officially disclosed, acquiring an estimated 88 tonnes through the OTC market in May and June alone, pushing its total reserves to a record 2,366 tonnes.

📢 Bitcoin’s latest ~22% rally was driven with less leverage, as coin-denominated open interest dropped to a one-month low, according to Santiment.

📢 Metaplanet’s Simon Gerovich says Bitcoin’s 21M supply cap could make it increasingly valuable as AI makes other goods and services easier to produce.

📢 Hyperliquid Policy Center called on the SEC and CFTC to align their regulatory frameworks for perpetual futures.

📢 President Trump says tariffs on Canadian cars, trucks, auto parts, and steel will increase to 50% starting January 1, 2027.

📢 Legal teams led enterprise Codex adoption from February to June, with weekly active users surging 108x, according to a16z.

📢 According to CryptoQuant analyst, $215 billion entered altcoins in three days, signaling a potential early altseason.

📢 Crypto advocacy groups CCI and the Blockchain Association have sued Illinois over its 0.2% crypto tax, arguing that the levy violates the U.S. Constitution as well as federal and state laws.

📢 Zcash mining generated an estimated $727 per megawatt-hour, more than 3× the industry HPC estimate and over 4× Bitcoin mining revenue, according to TheEnergyMag.

📢 Bernstein set a $140 price target for Circle as USDC supply grew by $2B in just one week.

📢 Under the GENIUS Act, the Blockchain Association submitted feedback on proposed client ID regulations for stablecoin issuers. It supports the fundamental strategy but requests important clarifications.

📢 Gen Z is increasingly viewing sports betting as a form of “investing,” according to Bloomberg, with a Betterment survey finding that 26% of Gen Z investors include sports betting in their financial plans.

📢 CryptoQuant founder Ki Young Ju says “newbie capitulation” marks the final stage of every bear market, as Coinbase’s volume dominance rises while its premium remains negative.

📢 Aave V4 active loans have reached a new all-time high of $213M.

📢 Bloomberg’s Eric Balchunas says the return of gold and Bitcoin ETFs to the top 10 most-traded funds could signal that the “debasement trade” is beginning to replace the AI-driven market frenzy.

📢 U.S. consumer spending on Apple’s App Store declined year over year in Q2 for the first time in a decade, according to Sensor Tower data.

📢 $BTC appears to be entering the early stages of a bull market, but confirmation still depends on breaking above its 365-day moving average near $83,000, according to a CryptoQuant analyst.