💼 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

📌 Top 5 News for 24 Hour:

1. $111.1M crypto shorts liquidated in 1 hour. →
👁 237 | ❤️ 0 | 🔁 6

2. Japan classifies crypto as financial instrument, paving way for Bitcoin ETFs. →
👁 297 | ❤️ 0 | 🔁 4

3. European middle class struggles financially, limiting Bitcoin investment. →
👁 206 | ❤️ 1 | 🔁 4

4. Abraxas Capital shifts from BTC to ETH. →
👁 236 | ❤️ 0 | 🔁 4

5. Hack on LayerZero Executor wallets results in $2.4 million loss across multiple blockchains. →
👁 263 | ❤️ 1 | 🔁 3

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🆕 #BTC Lyn Alden just raised $40 million to launch Orange Juice, a permanent capital company backed by a Bitcoin treasury. They intend to pursue a public listing in the future to provide a liquid ownership currency and access to capital markets.

🆕 #BTC Lyn Alden just raised $40 million to launch Orange Juice, a permanent capital company backed by a Bitcoin treasury. They intend to pursue a public listing in the future to provide a liquid ownership currency and access to capital markets.

💵 250,000,000 $USDC (250,043,750 USD) minted at USDC Treasury.

🗽 Coinbase Chief Policy Officer stated that the Clarity Act is "a dramatic advance in consumer protection and market integrity."

🗽 Coinbase Chief Policy Officer stated that the Clarity Act is "a dramatic advance in consumer protection and market integrity."