📊 Macro Kevin Warsh:

- Recent inflation data do not fully reflect the potential inflationary situation.
- AI will help increase wages and employment in the long term.
- In the short term, investments in AI contribute to job creation. During this period, artificial intelligence will bring about revolutionary changes.
- Productivity growth will have a sustainable disinflationary impact.
- The Fed's balance sheet should be as small as possible so that it can be increased in times of crisis. #ai

🇺🇸🗣 President Trump stated that the U.S. will strike “a lot of deals” with Iraq, and American companies are expected to expand oil production in the country, according to Reuters.

👀 Warren Buffett cuts off donations to the Gates Foundation following revelations about Bill Gates' interactions with Jeffrey Epstein.

🧑‍💻 Claude AI Developer Anthropic To Meet With IPO Investors In The Coming Weeks.

🗽 Coinbase Chief Policy Officer Talks Clarity Act on FOX

"The policy change has occurred already. Clarity is an opportunity to bed down those policies into permanent law, and I'm very confident we'll get there." #regulation

🕵️ #BTC #ETH Financial Director of BlackRock stated that the firm aims for investors to use digital wallets for efficient allocation of funds between cryptocurrencies, stablecoins, and long-term stocks and bonds. #stablecoin

💼 BlackRock officially becomes the first investment firm in history to surpass $15 trillion in assets under management.

🥷 Summer.fi has announced the cessation of operations due to an attack on the protocol. The frontend service will be available until August 31st. #hack

📉 Elon Musk's SpaceX $SPCX hits post-IPO low, falling under $135

🇺🇸🗽 White House officials to meet with US Senators to help advance Crypto Clarity Act.

🕵️ #BTC Green Shoots

Bitcoin's bottom is still building, but its character is shifting. Long-term holder capitulation is cooling, buyers absorbed the June lows, and price is climbing back toward the levels that capped it.

🇺🇸🗽 President Trump to meet with US Senators tomorrow to discuss Crypto Clarity Act.

📊 Arthur Hayes appears to be accumulating $ETH OTC.

He sent 1.25M $USDC to Galaxy Digital and received 646.33 $ETH ($1.24M) minutes later.

Separately, another 1.25M $USDC was sent to FalconX, likely for another OTC transaction.

Track:

Data from @nansen_ai.

🚀 #BTC $15 trillion BlackRock CEO tells CNBC that Bitcoin has "more stability at these levels" and is "very bullish on the market over the next 12 months."

📝 Macro Beige Book from the Federal Reserve:

- At the end of May and in June, economic activity in eleven out of twelve Federal Reserve districts grew at moderate paces, while one district reported no change.
- Continued moderate growth in economic activity is expected.
- Companies have expanded their use of AI.
- Labor market conditions have improved.
- Prices are rising moderately. #macro

🏦 #BTC Lyn Alden's 'Orange Juice' Raises $40 Million to Launch a Permanent Capital Holding Company Backed by a BTC Treasury.

"It’s a company that acquires, improves, and permanently holds cash-flowing businesses, backed by a bitcoin treasury," said Lyn Alden.

📊 JPMorgan tokenizes the Invesco QQQ Trust, converting the ETF into a real-world asset token. #etf

🇺🇸🕵️‍♂️ The U.S. Government transferred 19.615M $USDT from its Gotbit seizure wallet to Coinbase Prime, emptying the wallet.

💵 250,000,000 $USDC (250,040,249 USD) minted at USDC Treasury.

🇮🇳📈 #TDS India taxes crypto gains at 30% with 1% TDS. Still, 39 million verified users hold about $2.1 billion in assets.

🗽 The Federal Law Enforcement Officers Association has endorsed the Clarity Act.

This marks the second law enforcement endorsement. #regulation