❗️ Clarity Act bill announced ends lawsuits over so-called "lost" Bitcoin due to on-chain inactivity

This legislation stops attempts to forfeit dormant BTC and prevents future "Noah Doe" cases.

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❗️ Trump ordered a halt to planned US military strikes on Iran

Talks to reopen the Strait of Hormuz, mediated by Oman, had resumed just hours earlier, and Axios reported the negotiations were making progress.

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🔥 Michael Saylor hinted at a new Bitcoin announcement tomorrow

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⭐ The Most Important Only.

— Telegram announced the largest rollout of a non-custodial crypto wallet in history this summer

— BitMEX announced it will permanently be closed

— Strategy, BlackRock, Fidelity and Coinbase will commit $15M to open-source Bitcoin development

— South Korea's Mirae Asset has acquired crypto exchange Korbit

— Republicans updated the CLARITY Act to bar US presidents and federal officials from issuing or endorsing digital assets

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⚪️ BitMart announced it will shut down its crypto exchange operations

Operations are set to cease, making BitMart the latest platform to stop serving users.

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💲 MicroStrategy reported it sold $544.5 million worth of stock and paused Bitcoin purchases

The company kept its Bitcoin holdings at 843,775 BTC, did not acquire more, and repurchased $25 million in STRC preferred shares last week.

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💻 Circle acquired IBM's blockchain patent portfolio, covering over 680 patent families and nearly 1,000 granted patents

Circle stated that this move positions it as the largest US blockchain patent holder and enhances the intellectual property supporting USDC, its payments network, and Arc.

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📢 US SEC Chair Paul Atkins said he is optimistic that Congress will pass the Clarity Act

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❕ Russia's Federal Security Service has charged Telegram founder Pavel Durov with facilitating terrorist activities

An international warrant has been issued for Durov's arrest.

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📢 Trump said US strikes will take place against Iran in response to attacks on US targets in Jordan

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⚠️ US Treasury sanctioned two firms linked to Iran’s Islamic Revolutionary Guard Corps for a crypto insurance scheme

US Treasury stated the entities used maritime services and digital asset payments to bypass sanctions.

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✔️ The Federal Reserve has left interest rates unchanged at 3.50 % – 3.75 %

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📢 Block stated support for the Digital Asset Market (Clarity) Act

Block wrote, "I'm writing to express our strong support for the Digital Asset Market (Clarity) Act, and to respectfully urge Senate floor consideration of this bill."

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⚡️ South Korean lawmakers proposed amendments to let regulators freeze crypto exchange accounts tied to illegal transfers

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⚪️ South Korea will implement a 22% capital gains tax on Bitcoin and crypto starting in 2027

Profits from selling, swapping, or lending crypto will be taxed, with the first $1,740 of yearly net gains remaining tax-free and no additional Assembly vote required.

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💎 Australia's eSafety regulator sued Telegram in Federal Court, alleging the platform kept videos of terrorist executions online for up to three weeks after user reports

The regulator is seeking penalties up to A$54.6 million, and the lawsuit was filed a day after Russia charged Pavel Durov with aiding terrorism.

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💻 Pavel Durov said Russia has labeled him a “terrorist” after he refused to comply with demands for mass surveillance and censorship on Telegram

He added that Russian law also bans him from “publishing information on the Internet.”

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💲 Strategy reported an $8 billion loss in Q2 as its BTC holdings grew by 11%

The company has sold around $218 million worth of bitcoin year-to-date to pay preferred stock dividends.

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📉 Glassnode reported the current bear market is 49% deep — making it the mildest by depth so far

Previous bear markets bottomed at lower levels and typically lasted about one third longer before reaching their lows.

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✅ Circle has won a limited-purpose trust charter from the New York Department of Financial Services for Circle Internet Trust Company

This state-level approval follows the federal OCC national trust bank authorization Circle received earlier in the month, establishing regulatory compliance at both the state and federal level.

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💲 Tether announced quarterly USDT attestation for Q2 2026, reporting approximately $1.5B net operating profit and record user growth despite global market volatility

Tether reported over 184.6B USDT issued and around $4.1B in excess reserves by the end of Q2 2026, emphasizing ongoing financial inclusion in developing markets.

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