📢 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.

📢 The Blockchain Association urged the SEC and CFTC to coordinate on equity perpetuals, arguing that clearer regulations could help bring the offshore market back onshore.

📢 U.S. banks are carrying $326.7B in unrealized losses on investment securities, with the total increasing for two consecutive quarters.

📢 Bitcoin has gained roughly 20% since Bitcoin Vector’s impulse turned positive, with the strategy now fully allocated and targeting $82.8K next, according to Glassnode.

📢 Nearly 90% of students and parents want colleges to offer crypto education, yet only 28% of accredited U.S. business schools provide blockchain courses, according to OKX.

📢 HPC and tradeXYZ called on the CFTC to bring energy perpetuals to U.S. markets, highlighting their potential for 24/7 price discovery and hedging.

📢 Gold and Bitcoin ETFs attracted a record $7B combined inflow over the past week, led by GLD and BlackRock’s IBIT, according to ETF analyst Eric Balchunas.

📢 Nearly all of the top $XRP traders on Hyperliquid are currently holding short positions.

📢 The U.S. government moved Bitcoin seized from Alameda-linked accounts, raising speculation over whether more BTC could be sold.

📢 Tokenized real-world assets have grown to a $44.7B market cap, with $2.9B deployed across DeFi and $321.8M in DEX trading volume over the past 24 hours.

📢 CryptoQuant analyst João Wedson reports that Binance's spot trading volume has dropped to only 10% of its perpetual futures volume.

📢 A CryptoQuant analyst highlights that XRP whales recently pulled 231 million XRP off Binance, marking the largest six-month exchange outflow.