JUST IN: 🇺🇸 Citibank CEO says Clarity Act could promote financial crime 👀

"We have not given up on making improvements to the bill."

Source: https://x.com/BitcoinArchive/status/2088268922856358112

BREAKING: 🇮🇪 Ireland MANDATES ID-checks on self-custody crypto wallets❗️

• Exchanges must indentify transfers.

Source: https://x.com/BitcoinArchive/status/2088283205392543888

JUST IN: 🟠 MSCI could REMOVE Michael Saylor's Strategy and Metaplanet from indexes 👀

• Study looks cash flow & 'real business'

• Hits firms that raise cash to buy assets

• Still under review, decision due in October

Source: https://x.com/BitcoinArchive/status/2087964978628243857

STRATEGY: 🟠 “Bitcoin doesn’t need MSCI. Neither does Strategy”

Source: https://x.com/BitcoinArchive/status/2088248495345967119

GEORGE BODINE: 🟠 "It means a lot to me to get Bitcoin. That's what I want in life. That's what you should want, not some f***ing stock or or STRC or any other damn thing."

"One of the worst ads that they ever put out was from that same company that said 'we turned Bitcoin into money.' What a bunch of crap. Bitcoin is money."

Source: https://x.com/SimplyBitcoin/status/2088249284131246546

JUST IN: 🟠 Gemini discloses adding 1,689 BTC Bitcoin to their treasury, now totaling 5,528 BTC! 🚀

Source: https://x.com/BitcoinMagazine/status/2088321821753884934

NEW: 🇦🇪 UAE sovereign wealth funds Mubadala and Abu Dhabi Investment Council report owning a combined $763.7 million of BlackRocks Bitcoin ETF 👀

Source: https://x.com/BitcoinMagazine/status/2088298762426843184

JUST IN: 🟠 $326 billion Edleman Financial discloses owning $34 million in Bitcoin ETFs 💥

Source: https://x.com/BitcoinMagazine/status/2088358773005963567

Trump stated paying the $35T US national debt with Bitcoin

The debt has since risen to $40T, but the plan has not materialized.

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Treasury Secretary Bessent said Bitcoin is becoming a store of value

Bessent added, "People want to get their money out of China, but they won't let them."

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ICYMI: 🟠 Wells Fargo increased $MSTR Strategy position by 150%, now worth $185M.

Source: https://x.com/BitcoinArchive/status/2088340007161327950

Source: https://x.com/SimplyBitcoin/status/2088566932223959146

BTW: 🟠 Jeff Ross says the AI tech bubble is behaving similar to the 2007 housing bubble:

“The government will be forced to step in and flood it with cash to save it and what that means is it’s going to debase all Americans and all users of the US dollar… so they’re going to socialize the losses.”

Source: https://x.com/SimplyBitcoin/status/2088455591928754360

NEW: 🟠 Artem Chystiakov introduced DAMP, a decentralized asset management protocol for stablecoins and RWA on the Liquid Network 🌊

Fully onchain and self-custodial. No cosigner service is needed, powered by Simplicity.

Link to the full paper: https://github.com/Arvolear/research-papers/blob/master/simplicity/DAMP.pdf

Source: https://x.com/Arvolear/status/2087534358471074209

FYI: 🇺🇸 Former House Financial Services Committee Chair Patrick McHenry tells Bloomberg that the CLARITY Act will pass and Big Banks will turn into crypto's biggest supporters:

"Clarity Act will be passed later this year"

Source: https://x.com/AltcoinDaily/status/2088351556290961593

HISTORY: 🟠 9 years of Bitcoin from space 🛰️

On this day in 2017, Blockstream Satellite launched, giving Bitcoin nodes a way to receive the blockchain without relying on the internet.

Nine years later, the network continues broadcasting Bitcoin data around the world, 24/7 adding another layer of resilience to Bitcoin’s infrastructure.

No internet required. Just Bitcoin, beamed from space.

Historic announcement: https://x.com/blockstream/status/897460146074288129

Billionaire Mark Cuban says computer chips "will be the new crypto."

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Franklin Crypto's head says the industry will be "just fine" even if the CLARITY Act never passes.

Chris Perkins says the SEC and CFTC are already creating "policy and precedent every single day."

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