📈💰 #ETH Bitmine increased its holdings by ~320,000 ETH over the week and now holds ~$4.96 billion worth of ETH (have become the largest holders of ETH).

💰 #ETH SharpLink raised $400M to buy ETH and reported that they currently own approximately 598,800 ETH.

🤝 #LINK Chainlink collaborating with Fortune 500 Intercontinental Exchange (ICE) to provide foreign exchange and precious metals data on the blockchain.

🐶 #BONK Safety Shot forms a strategic alliance with Bonk's founding investors, initiating BONK's treasury strategy.

💰 #IP Heritage Distilling has raised $360M to buy IP tokens with support from a16z, Amber Group, Arrington Capital and others.

Heritage will receive 52.4 million IP tokens and lock them up for an extended period of time. Story Foundation will buy back $82 million worth of IP within 90 days.

💰 #SUI Mill City Ventures III (#MCVT) acquired 5.6 million SUIs and the total treasury stock exceeded 81.87 million tokens.

💰 #zeUSD Zoth received a $15M strategic investment from Bolts Capital.

🚀👀 Blue Origin, owned by Jeff Bezos, announced it will accept #BTC and other cryptocurrencies as a payment method - Bitcoin Magazine

🥳 #TON Ton Foundation stated that Coinbase Ventures now owns TON

🙋‍♂️ #ETH FG Nexus announced the purchase of 47,331 ETH worth $200 million and plans to tokenize some of the assets.

Will also partner with Anchorage Digital and Galaxy to promote ETH as a corporate reserve asset globally and accelerate the development of real asset tokenization and stablecoin revenue business in the Ethereum ecosystem.

📈🤔 #ETH Clearing $4,300 could send Ethereum straight toward $5,241, according to the Pricing Bands.

🗽👀 #WAL Grayscale incorporated Walrus Trust in Delaware.

🇺🇸🏦 #PYUSD Paxos have applied for a trust bank license in the US. reuters

📈 #BTC accumulator address demand hits a new ATH

🍰🧯#CAKE PancakeSwap burned CAKE for >$99 million.

📊👀 Glassnode Report:
- In the spot market, the Relative Strength Index (RSI) rose from 41.5 to 47.5, moving out of oversold territory, while the CVD index rose sharply from active selling to near neutral;
- But trading volume in the spot market fell 22% to $5.7 billion, indicating that the recovery is not yet broad-based participation;
- The CVD index in the futures market indicates a marked shift to aggressive buyer movement and a rebound in confidence among leveraged traders;
- Overall, the market has moved from seller exhaustion to a strong rebound near recent market tops, but market dynamics should be closely monitored as high profitability and the potential for profit taking can quickly change sentiment.

🙋‍♂️ #UNI The Uniswap Foundation has proposed the "Duna DAO" structure, paving the way for the long-awaited fee change.

📈🤔 #BTC hash ribbons indicator flashes bullish cross. Miner capitulation is over and rallies have often followed by growth.

🔒📝 The biggest token unlocks this August by market cap: #AVAX, #ARB, and #APT.

🗽👀 #UNI Senator Lummis: Congrats to Uniswap for setting down roots in Wyoming! Our state’s laws for digital assets are best-in-class, and I commend the Wyoming Legislature for its foresight in creating decentralized nonprofit associations.

🕵️‍♂️ #ETH Lookonchain: This mysterious institution created another 2 wallets and accumulated 44,999 ETH ($194M) in the past hour.

Over the past 7 days, they have accumulated 266,165 ETH ($1.15B) from FalconX, Galaxy Digital, and BitGo.