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JUST IN: 🟠 $2.8 trillion Citi just disclosed it bought 238,538 shares ($22.4 million) more of #Bitcoin treasury company Strategy
$MSTR.

It now holds a total of 961,554 shares ($90.5 million). The 3rd-largest bank in the U.S.

Source: https://x.com/BTCtreasuries/status/2084630491098169737
Follow the daily developments shaping Bitcoin.

πŸ“£ https://x.com/BTCTimescom
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NEW: 🟠 The Bitcoin Policy Institute puts out the best video to explain the difference between an exploitable ColdCard seed phrase and a properly generated seed phrase.

Source: https://x.com/BitcoinNewsCom/status/2084426193999176118
NEW: 🟠 American Bitcoin increases its Bitcoin reserve by 14% QoQ to 8,002 BTC in Q2.

Source: https://x.com/BitcoinNewsCom/status/2084647796544844145
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JUST IN: πŸ‡ΊπŸ‡Έ Former Senator Pat Toomey says it's "essential the Senate passes the" Clarity Act this week πŸ‘€

"We've been working on this for years. The Senate needs to have this vote this week" ‼️

Source: https://x.com/BitcoinMagazine/status/2084716548623659455
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JUST IN: πŸ‡ΊπŸ‡Έ Former CFTC Commissioner on CLARITY ACT progress:

"I think we're getting there on ethics. We seem to be on the 10 yard-line here. The right players are working on it...I think we're headed in a direction we're gonna get a good vote on this bill" πŸ‘

Source: https://x.com/BitcoinMagazine/status/2084736089974046983
US Senators call for SEC investigation into President Trump's crypto memecoin, accusing him of a "rug pull."

$TRUMP coin is down 95% since launch.

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JUST IN: 🟠 $86 billion Mizuho Bank says Clarity Act will NOT pass in August

"It will happen at some point, but not in 2026."

Source: https://x.com/BitcoinArchive/status/2084735613874438384
BREAKING: πŸ‡ΏπŸ‡¦ South Africa to cap Bitcoin & crypto sent abroad.

β€’ Individuals limited to $120k a year.

β€’ Up to $600k if tax compliant.

β€’ Exchanges must report offshore transfers.

Source; https://x.com/BitcoinArchive/status/2084727865002660108
Ethereum researchers propose to CUT validator rewards to ZERO if half of all ETH becomes staked.

The proposal EIP-8363 would gradually reduce newly created ETH rewards, reaching zero if staking rises from around 34% today to 50% of total supply.

Critics warn the move could force out solo stakers, giving larger operators even more control.

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BREAKING: 🟠 Elon Musk's SpaceX $SPCX just announced they did not sell any #Bitcoin in Q2 and are still holding 18,712 BTC.

Fresh off the largest IPO in history, the aerospace giant continues to back BTC as a core treasury reserve.

Bitcoin 100 Ranking: 8

Source: https://x.com/BTCtreasuries/status/2084736206395310237
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IMPORTANT: 🟠 Your recovery phrase backs up your bitcoin, so keep it offline.

Don't photograph it, don't type it into any website, and don't drop it into your notes app.

Put it on paper, or better still, steel.

Source: https://x.com/Blockstream/status/2084024450660303186
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JUST IN: πŸ‡ΊπŸ‡Έ Senator Cynthia Lummis says "I believe we will get a vote on the Clarity Act before August recess." πŸ‘€

"I don't think we'll be leaving on Friday, I think we'll go into the weekend."

Source: https://x.com/BitcoinMagazine/status/2084999143655682140
JUST IN: 🟠 Publicly traded #Bitcoin mining company Cipher Digital $CIFR has sold 470 BTC to fund AI data center development and now holds a total of 646 BTC.

Bitcoin 100 Ranking: 58

Source: https://x.com/BTCtreasuries/status/2084989979470819549
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JUST IN: 🟠 $15 billion investment bank TD Cowen analyst Lance Vitanza just said, "We have a buy rating on #Bitcoin treasury company Strive $ASST with a price target of $28, and a buy rating on its preferred stock $SATA."

"We have a very constructive outlook on Strive."

Source: https://x.com/BTCtreasuries/status/2084731095262888180
NEW: πŸ‡·πŸ‡Ί Russia President Putin has signed a law providing comprehensive regulation for digital assets and rights for investors πŸ‘€

"The legislation governs the organization, accounting, and custody of digital currencies and foreign digital instruments."

Source: https://x.com/BitcoinMagazine/status/2085075028966531124
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NEW: πŸ‡ΊπŸ‡Έ Sen. Rick Scott says Sen. Lummis has "Worked her butt off with the Clarity Act" and urges the Senate to stay and pass the bill:

"We’ve got to figure out how do we get these things done…We’ve got to stay here and start talking to each other.”

Source: https://x.com/BitcoinMagazine/status/2085056233204011366
FYI: 🟠 $10 billion investment bank Maxim Group has lowered its price target on #Bitcoin treasury company Strategy $MSTR from $250 to $215 and maintains a buy rating.

That's still a 120% upside.

Source: https://x.com/BTCtreasuries/status/2085054656531820801