🇺🇸 American public miners set a record — their combined share of the BTC network hashrate reached 31.5%.

Since April, they have added 11 EH/s of power, with CleanSpark, Hive Technologies, and Riot Platforms increasing the most — their total hashrate has almost doubled in a year, while the entire network has added 55%.

🪙 Bank of America has included Bitcoin in its list of the greatest innovations of the last 1,000 years.

In the study, the bank compared key technological breakthroughs — from the printing press to quantum computing — to population growth, noting that Bitcoin is at the peak of accelerating progress. It is considered not just an asset, but a systemic innovation that can change the financial system, just as the Internet and electric cars did.

Although the bank does not yet offer BTC purchases, it is ready to implement crypto payments as soon as clear rules appear.

🪙 Currently, 100 companies hold more than 830,000 BTC.

🪙 BlackRock now holds 3% of all Bitcoin through its ETF.

🪙 Norway-based K33 has secured SEK 185M (About $17M) to buy more Bitcoin for its treasury.

🇺🇸 The Governor of Texas signed SB21, creating the Texas Strategic Bitcoin Reserve, a separate state fund that holds Bitcoin as a strategic asset.

Also signed was HB4488, which protects the fund from being diverted to the general budget.

BTC went donw 📉

🪙 Bitcoin: CryptoQuant Network Activity Index Nears Four-Year Low

🪙 Miners of the "Satoshi era" have almost stopped selling their coins: in 2025, they sold only 150 BTC, while in 2024 - almost 10,000 BTC.

Previously, such "old" miners often began selling after a sharp increase in price, which often coincided with the peak of the market.

🪙 Bitcoin holders have realized over $650 billion in profits in this bull market, surpassing the 2020-2022 figures.

🪙 Since January, Bitcoin's mempool has been completely empty. Runes' long-term mechanics have not supported the hype, and all other token standards have stopped showing transaction volume, probably shifting to custodial platforms.

📊 Last week, the net inflow into spot Bitcoin ETFs was $2.22 billion, while the net inflow into spot Ethereum ETFs was $283.4 million.

🪙 The second quarter was productive for Bitcoin, with the rate growing by almost 30%. However, in June, the quotes rose by only 2.5%.

🦄 American Bitcoin miner Hut 8, a subsidiary of Eric and Donald Trump Jr. on the board, has raised $220 million ahead of its public listing.

The funds were raised to scale the business by issuing shares, which will be used to purchase equipment and bitcoins.

Hut 8, in turn, also plans to open a subsidiary in Dubai. It will focus on trading strategies and accumulating cryptocurrencies on the balance sheet.

⛔️ Arizona Governor Katie Hobbs has VETOED Bitcoin Reserve bill HB2324, per report.

🔌 🇪🇹Ethiopian authorities to raise energy tariffs amid mining boom

Electricity demand from cryptocurrency mining data centers in Ethiopia will reach 30% of the country's total consumption in 2025 — 8 TWh. This is stated in a report by the relevant ministry.

Against this background, the authorities have planned a tariff reform. Over the next four years, electricity prices for businesses will increase by 400% — from $0.015 to $0.075 per kWh.

All electricity in Ethiopia's national grid is 100% generated from renewable sources, but 25% of the country's capacity is idle due to a lack of imported spare parts for repairs. Large industrial consumers face an average of 39 power outages per month for a total of 21 hours.

🍀 A solo miner successfully mined a Bitcoin block, earning 3.173 BTC ($349,000) in rewards.

A miner with this power has a probability of finding a block of about 1 in 25,000 — that is, a chance of only about 0.004%.

📊Weekly crypto asset flows ($M USD). Bitcoin received $790M and Ethereum $226M, out of a total inflow of $1.042B.