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π£ No BTC purchases for the fourth consecutive week: Holdings remain unchanged at 843,775 BTC, with an average acquisition cost of approximately $75,476 per BTC.π£ Sold $263.5 million worth of #MSTR shares: Through its ATM program, Strategy sold approximately 2.73 million Class A shares.π£ Significantly increased cash reserves: Added around $225 million, bringing total USD reserves to $3.225 billion.π£ Clear objective: Ensure the company can cover dividend and interest payments for up to 22 months, even if Bitcoin trades sideways or experiences a sharp decline.π£ No BTC sales: Strategy is prioritizing equity issuance rather than touching its Bitcoin treasury β which remains the largest corporate BTC holding in the world.
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π‘ Purchased an additional 7,430 ETH, worth approximately $14 million, over the past week.π‘ Total holdings increased to 5.8 million ETH, equivalent to around 4.8% of Ethereumβs total supply.π‘ Average purchase price: $3,364 per ETH.π‘ Share buyback: The company allocated capital to repurchase $86 million worth of common stock, demonstrating strong confidence in its intrinsic value.π‘ MAVAN staking platform: The platform is expanding to serve institutions and ecosystem partners, with the majority of Bitmineβs ETH holdings β amounting to millions of tokens β already staked and generating stable revenue.
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π£ Ethics provision: The measure would restrict the President, Vice President, and senior federal officials from profiting from crypto while in office. This has been a mandatory demand from Democrats, particularly after Trump reportedly earned more than $1.4 billion from crypto last year.π£ Next steps: The amended text is expected to be released within the next few days. The Senate must complete its vote before the August summer recess. If approved, the bill will return to the House of Representatives for consideration of the revised version before being sent to President Trump to sign into law.π£ Market impact: The probability of the CLARITY Act passing in 2026 on Polymarket surged from 32% to 46% immediately after the news.
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1β£ Diplomatic option: Accept a proposed 10-day ceasefire from mediators, reopen the Strait of Hormuz, and resume negotiations.2β£ Military option: Coordinate with Israel to launch a large-scale attack aimed at forcing Iran to make concessions.
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π£ Enhances OKXβs institutional credibility as the exchange expands further into the U.S. market.π£ Provides stronger support for asset-tokenization initiatives and partnerships with traditional financial exchanges, including ventures involving ICE, the parent company of the NYSE.
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π£ Brent crude remains firmly above $91 as U.S.βIran tensions continue.π£ The U.S. has carried out strikes on Iran for the 11th consecutive night, but Iran remains defiant and has shown little interest in reaching a deal.π£ Trump has threatened a major strike on Pickaxe Mountain, a key Iranian nuclear site. However, the market appears increasingly numb to such threats: whenever Trump publicly signals an attack, traders tend to believe it is less likely to happen.π£ U.S. stocks rallied strongly, led by semiconductor names:π SK Hynix, Micron, and SanDisk all surged nearly 10%.π£ The market is entering Q2 earnings season, with tomorrowβs focus turning to the AI sector. Major companies are pouring billions of dollars into AI, but profits have yet to match the scale of their investments.π£ Bitcoin continues to rise, reaching a five-week high and moving toward $67K.π Key drivers: Renewed ETF inflows + expectations that Trump will push the CLARITY Act forward.
Keep a close eye on AI earnings reports and developments in the Strait of Hormuz!
@BackcomGlobal
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This marks a major step in Russiaβs efforts to legalize and regulate the crypto industry, improving transparency while supporting international payments. Stay tuned for further updates after President Putin signs the bill!
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π€ Escalating U.S.βIran tensions: The U.S. struck Iranian military targets for the 11th consecutive night, including missile systems, drones, and air-defense infrastructure.π€ Iran retaliated with attacks on U.S. positions in Bahrain, Kuwait, and Jordan.π€ The threat of a maritime blockade by the Iran-backed Houthi forces in Yemen, targeting Saudi-linked shipping in the Red Sea, has raised concerns over disruptions to major oil transportation routes.
Keep a close eye on todayβs U.S. crude oil inventory data from the EIA!
@BackcomGlobal
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Total net inflow: +$245.8M, including:
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From this point forward, whenever Iran attacks a vessel in the Strait of Hormuz using missiles, rockets, drones, or any other weapon, the United States will bomb and destroy a bridge or power plant β including targets located near or inside the capital, Tehran.
Oil markets and geopolitical risks are rising sharply. Stay alert for further developments.
@BackcomGlobal
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π£ President Donald Trump has agreed to the ethics language included in the CLARITY Act.π£ The provision would prohibit federal officials β including the President, Vice President, and members of Congress β from issuing cryptocurrencies.π£ Enforcement authority would be given to the Department of Justice (DOJ) instead of state attorneys general.
π€ Democrats are opposing the decision to give enforcement power to the DOJ and want individual states to retain oversight authority.π€ This is considered the final major obstacle before the CLARITY Act can move toward a vote in the Senate.
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π£ Ethics provisions: Restrictions on federal officials β including the President and members of Congress β from holding or issuing crypto assets.π£ Provisions related to DeFi.
π€ Republican Senator Thom Tillis is leading negotiations on behalf of the Republican Party.π€ The details of the potential agreement have not yet been made public.π€ The bill needs at least 60 votes in the Senate to overcome a filibuster and pass.
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π¨ ETF FLOWS | JULY 22
Total net inflow = +$140.5M, including:
π£ BTC Spot ETF: +$69.1M
π£ ETH Spot ETF: +$72.7M
π£ SOL Spot ETF: -$1.3M
π£ HYPE Spot ETF: +$0.0M
β Crypto ETF inflows are like an all-you-can-eat buffetβeveryone wants to dig in, but nobody wants to clean up afterward!
@BackcomGlobal
Total net inflow = +$140.5M, including:
π£ BTC Spot ETF: +$69.1M
π£ ETH Spot ETF: +$72.7M
π£ SOL Spot ETF: -$1.3M
π£ HYPE Spot ETF: +$0.0M
β Crypto ETF inflows are like an all-you-can-eat buffetβeveryone wants to dig in, but nobody wants to clean up afterward!
@BackcomGlobal
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π΄ The United States has generated more than $13 billion from Venezuelan oil sales in 2026.π΄ This follows Washingtonβs control over Venezuelaβs oil exports after the arrest of former President NicolΓ‘s Maduro earlier this year.π΄ Revenue from Venezuelan oil has been managed through U.S.-controlled accounts β initially via Qatar and later transferred into the U.S. Treasury system β with a portion allocated to Venezuelaβs interim government.
π‘ The U.S. is coordinating the marketing and distribution of Venezuelan oil through major commodity trading firms.π‘ The objective is to increase Venezuelaβs oil production, stabilize global energy supplies, and support the new government.π‘ Some estimates suggest that around $8 billion was generated in the first four months of the year alone.
This development highlights the growing influence of the United States over Venezuelaβs oil industry and the global energy supply.
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Geopolitical risks are now weighing heavily on both energy markets and equities. Stay alert for further developments!
@BackcomGlobal
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π₯π₯ EU Imposes New Sanctions Targeting Russiaβs Banking and Crypto Sectors π·πΊ
πͺπΊ The European Union has approved its 21st sanctions package against Russia, introducing tougher measures:
β‘οΈ The new sanctions package focuses on the financial, crypto, and energy sectors, aiming to further restrict Russiaβs ability to finance the war.
π Markets will closely monitor Russiaβs response and the potential impact on oil prices and global crypto capital flows.
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π€ Targeting 94 financial institutions, including the Moscow Exchange.π€ Banning transactions with multiple crypto platforms and Russia-linked oil trading entities.π€ Keeping the price cap on Russian oil unchanged at $44.10 per barrel.
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