Bit Mining acquires 27,191 SOL for approximately $4.89 million and launches its first Solana validator.

Glassnode reports that the cryptocurrency market has shifted from a euphoric phase to one of revaluation, evidenced by declining reserves and reduced seller activity, suggesting a potential rebound. However, market fragility appears to be increasing, with structural vulnerabilities exposing it to external shocks and delayed demand recovery.

The current market environment is characterized by increased volatility and uncertainty as of today.

Coinbase has added Mamo to its listings.

Coinbase Adds Euler (EUL) to Listings, Expanding Cryptocurrency Offerings

Prove (SUCCINCT) has been added to Coinbase's listings.

SEC clarifies that liquid staking tokens are not considered securities.

Coinbase has added Towns to its listings.

Metamask to Launch Its Own Stablecoin

Robinhood has added #NDO and #FLOKI to its U.S. trading platform.

Today's Summary and Tomorrow's Events - https://t.me/bingx1/2147483647

CZ has filed an appeal with a bankruptcy court seeking to dismiss claims from FTX that demand the return of $1.76 billion.

Net outflows from spot Bitcoin ETFs totaled approximately $196.2 million yesterday, while spot Ethereum ETFs saw net withdrawals of around $73.3 million.

Binance futures trading volume hits six-month high as Bitcoin experiences heightened volatility. cointelegraph

Michigan Pension Fund increases Bitcoin holdings by $11 million within Ark ETF.

PUMPFUN issued 13,690 new tokens over the past 24 hours, while LETSBONK issued 13,392 tokens. Despite higher token issuance, LETSBONK continues to lead in daily trading volume with $87.7 million, compared to PUMPFUN's $82.4 million.

Mizuho has increased its target price for Coinbase shares to $267 amid a rebound in trading volumes during July. theblock.com

The former chief of staff to SEC Chairman Gensler has compared liquid staking to a dangerous mortgage practice that contributed to Lehman Brothers' collapse, cautioning against potential risks to the cryptocurrency industry. decrypt

Indonesia is exploring the possibility of establishing a national Bitcoin reserve. cointelegraph

China claims that iris scans associated with Worldcoin pose a threat to national security. coindesk.com

Bitbridge Plans to Go Public with Focus on Bitcoin Treasury Management and Lending Services
Bitbridge intends to become a publicly traded company specializing in Bitcoin treasury management and will launch lending services backed by Bitcoin. More details are available at theblock.com.