🇺🇸 Trump family-backed mining company American Bitcoin orders 16,299 Antminers U3S21EXPH from Bitmain for a deal worth approximately $314,000,000.

💸 Coinbase analysts believe that the alt season may begin in September:

🔴BTC's share of the market has fallen from ~65% in May to ~59% in August - a sign of capital flowing into altcoins.

🔴The expected Fed rate cut in September-October may free up some of the $7.2 trillion in money market funds.

🔴 Institutions are still focused on BTC and ETH, and the growth of altcoins depends on the arrival of retail investors.

📊 Pantera Capital’s 2022 Bitcoin model predicted $117,482 for Aug. 11, 2025, just 1% off the actual $118,700.

The forecast, based on halving cycle patterns, also correctly pinpointed the cycle peak this month.

📊 Digital asset funds saw $3.75B inflows last week, the fourth-largest on record.

AuM hit an ATH of $244B, per CoinShares.

🍀 A solo Bitcoin miner has mined a block, earning 3.17 $BTC ($371K)

🔍 Google bought more shares in mining company TeraWulf up to 14% and becoming its largest shareholder.

Earlier, Google invested $3.7 billion in TeraWulf.