🔔 Marathon Purchases $100M in Bitcoin, Returns to 'Full HODL' Strategy

➡️ Marathon Digital Holdings has acquired $100 million worth of Bitcoin over the past month, planning to "HODL" as a strategic treasury reserve asset, according to CEO Fred Thiel.

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https://x.com/fgthiel/status/1816445977059868780

🔔 Revolut Secures UK Banking License, Embracing Crypto-Friendly Status

➡️ Revolut has obtained a U.K. banking license after a three-year wait, entering the mobilization stage with the Prudential Regulatory Authority. This move sets it up to become a full bank and offer crypto services. The fintech giant, valued at $45 billion, also plans to sell $500 million in employee-owned shares.

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https://www.revolut.com/news/revolut_receives_uk_banking_licence/

🔔 Presidential candidate Robert F. Kennedy Jr. praised the role Bitcoin could play in improving the US economy at the Bitcoin2024 event, proposing sweeping changes to US monetary policy. He pledges four Bitcoin-related executive orders upon taking office as President:

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🔔 WazirX founder Nischal Shetty has planned the recovery of the stolen assets.

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🔔 BitFlyer Acquires FTX Japan, Announces Plans for Crypto ETFs

➡️ BitFlyer Holdings has acquired FTX Japan and plans to launch crypto-based ETFs. BitFlyer now wholly owns FTX Japan and intends to offer crypto custody solutions for institutional investors. CEO Yuzo Kano emphasized their goal to securely store BTC for ETFs, aiming to become a key industry infrastructure. FTX Japan was previously part of the collapsed FTX exchange.

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https://x.com/YuzoKano/status/1816703511079584041

🔔 Asset management giant VanEck is once again teasing the possibility of introducing a spot Solana ETF.

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🔔 At the 2024 Bitcoin Conference, Jan van Eck, CEO of the investment management firm VanEck, revealed that more than 30% of his portfolio is now in Bitcoin.

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🔔 Michael Saylor says the US government should hold the majority of Bitcoin

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🔔 Coinbase, one of the largest crypto exchanges in the world, has added three members to its board of directors—including an OpenAI executive and a former U.S. Solicitor General.

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🔔 StarkWare will be integrating the Cosmos-based IBC protocol on Starknet in collaboration with Informal Systems.

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🔔 International police agency, issued two red notices on Thursday for promoters Ching-Kit Wong and Tsun-Ting Mok.

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🔔 Uniswap, a decentralized cryptocurrency exchange, has announced an update for UniswapX, and users are hoping for more activity.

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🔔 Luxury sports car giant Ferrari is set to expand crypto payment options to its European dealer network this month following its U.S. launch.

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🔔 Casper Network Suspends Operations Following Security Breach

➡️ Casper Network, known for decentralized applications, experienced a security breach, prompting a temporary halt of operations. The Casper team, along with validators, suspended the network to mitigate the impact and prevent exploitation. The Casper Association, Casper Labs, and validators are collaboratively working to resolve the issue.

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https://x.com/Casper_Network/status/1817567910275014748

🔔 Weekly United States Bitcoin ETFs Net Flow

🔔 BREAKING: "Never sell your Bitcoin! The federal government holds 210,000 Bitcoin. If elected, my administration will keep 100% of all Bitcoin the United states owns." - Donald Trump

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🔔 US Senator Tim Scott says "Bitcoin's future has to be in America."

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🔔 Swiss Regulator FINMA Proposes New Rules for Stablecoin Issuers

➡️ FINMA proposed new guidelines classifying stablecoin issuers as financial intermediaries, requiring AML compliance and depositor protection measures. This aims to enhance regulatory oversight and mitigate financial risks.

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https://www.finma.ch/en/~/media/finma/dokumente/dokumentencenter/myfinma/4dokumentation/finma-aufsichtsmitteilungen/20240726-finma-aufsichtsmitteilung-06-2024.pdf?sc_lang=en&hash=03D675C1247EAFAE0C391363A2F18B9A

🔔 Senator Lummis Proposes U.S. Purchase 1M Bitcoin to Reduce National Debt

➡️ U.S. Senator Cynthia Lummis plans to introduce legislation to establish a "strategic bitcoin reserve" to reduce national debt by purchasing 1 million BTC over five years, to be held for at least 20 years. She compared the initiative to the Louisiana Purchase. At current prices, the bitcoin would be worth around $68 billion.

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https://www.lummis.senate.gov/press-releases/lummis-announces-revolutionary-proposal-to-supercharge-the-dollar-bolster-u-s-economy/

🔔 Cantor Fitzgerald Launches $2B Bitcoin Financing Business

➡️ Billionaire Howard Lutnick, CEO of Cantor Fitzgerald, announced the launch of a $2 billion Bitcoin lending program at Bitcoin 2024. Lutnick expressed strong support for the cryptocurrency community, linking his personal losses during 9/11 to his commitment to Bitcoin. The program will offer leverage to Bitcoin owners, signaling a bullish move for financial institutions and the market.

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https://www.prnewswire.com/news-releases/cantor-fitzgerald-to-launch-bitcoin-financing-business-302208093.html