🇵🇭 A Philippine senator says he intends to propose a bill to put the country's national budget on a blockchain platform. theblock

🇺🇸 Trump lists 11 people as nominees for Fed chairman, 3 of them are positive on cryptocurrency. cointelegraph #macro

👍 Soneium introduces a points system to track and incentivize user activity on its blockchain. theblock.co

📊🤔 #BTC Bitwise: In order for bitcoin's MVRV ratio to reach a value of 7 - which has signalled excessive valuations in the past - bitcoin's price would need to increase by a factor of 3.04 x times.

This bull market is far from over.

🤔 #YZY According to Bubblemaps, of the 70,200 traders who invested in YZY, over 51,800 suffered losses, with three traders losing >$1 million. However, 11 wallets made >$1 million. cointelegraph

🔝 Top 15 best-performing tokens of the summer. #USELESS #MYX #LIF3

🚀👀 #CRO soars over 100% following Trump Media partnership announcement

On Tuesday, Trump Media & Technology Group revealed plans to launch a joint $6.4 billion Cronos treasury in collaboration with Cryptocom. Following the announcement, CRO surged from $0.16 to $0.34, delivering gains of more than 100% to its holders.

📊👀 #BTC CQ: The 109K – 112K range is a critical pivot zone in the short term. A weekly close above this region could strengthen the trend, while closing below it may accelerate the correction.

💰 #BMNR Ark Invest buys $15.6 million worth of BitMine stock. theblock.co

Tom Lee's #ETH treasury is now officially on ARK's radar

🐳 Whales bought #HYPE:

- Two whales bought 175,130 HYPE ($8.47M) in the past 12 hours;
- Two whales bought 358,279 HYPE ($18.23M) yesterday.

Addresses:
- 0x09d4083ffd20d21acb9118465ad7c52ac8b548f7
- 0x8319eF53245d8FFfe01Ae8FB4Ad0A22016BDbB42
- 0xFF0aD2ff560a84474c818521c6AeDCCbdCe24FbF
- 0x7E4E766d0aE5ea9cDED0c694669194Db92800107

🗽🆕 #TON Robinhood US will list TON

📊👀 #BTC Glassnode: Bitcoin trades below the $113.6k and $115.6k cost basis of the 1M and 3M cohorts. With short-term holders under water, rallies may face resistance as these investors seek to exit at breakeven.

🥳 #USDT #BTC Tether announced plans to launch USDT on RGB, a protocol for issuing Bitcoin-based digital assets.

🙋‍♂️ #LINK Caliber create a strategic digital asset treasury that focuses on LINK.

📊 #BTC CQ: Bitcoin Supply in Profit has reached a historically critical threshold. Dropping back below this 90% threshold has very often marked the beginning of a corrective phase, whether short or long term… We have now just reached this critical 90% level.

🇺🇸👀 #macro US:
- GDP (Q2): 3.3% (pre: -0.5%);
- Initial Jobless Claims: 235k (pre: 235k)

💰 Stablecoin startup M0 announced the completion of a ¥40 million Series B funding led by Polychain and Ribbit Capital, with participation from Pantera and Bain Capital.

💰 A group of former Jump Trading, Coinbase and Citadel Securities engineers have raised $20 million in new funding for startup aPriori. coindesk

🏦🥳 #AVAX #RWA Libeara, tokenization platform Standard Chartered SC Ventures, and FundBridge Capital launch ULTRA US Treasury tokenized fund on the Avalanche blockchain.

🇺🇸 Lisa Cook sued Trump, Jerome Powell and the Fed Board over her removal as a member of the Fed Board of Governors.

🗽👀 #LINK The US Department of Commerce and Chainlink are now outputting the government's macroeconomic data to onchain.