🔔 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

🔔 WazirX Introduces Fund Recovery Plan Following $230M Hack

Indian crypto exchange WazirX announced a socialized loss strategy to address the recent cyberattack that resulted in a $230 million theft, impacting 45% of user funds. WazirX will allow users immediate access to 55% of their assets while locking the remaining 45% in Tether-equivalent tokens, aiming for a fair and swift recovery process.

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https://x.com/WazirXIndia/status/1817017630877974650

🔔 Hong Kong legislator Johnny Ng plans to explore adding Bitcoin to the city's financial reserves.

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🔔 Major Token Unlocks in August 2024🔒

📆 August 1st:
- XRP: 600 million tokens
- Sui: 64 million tokens
- dYdX: 8.33 million tokens
- ZetaChain: 53.9 million tokens

📆 August 3rd:
- Wormhole: 600 million tokens

📆 August 9th:
- ImmutableX: 32.5 million tokens

📆 August 12th:
- Aptos: Significant portion of APT tokens

📆 August 14th:
- The Sandbox: Major unlock of SAND tokens

📆 August 20th:
- Avalanche: 9.4 million tokens

📆 August (Date TBD):
- Starknet and Arbitrum: Significant token unlocks

🔔 Ethereum ETF Launch Attracts $2.2 Billion in Inflows: CoinShares

➡️ The launch of spot-based Ether ETFs has driven substantial inflows, with new ETFs attracting $2.2 billion and a 542% increase in ETH ETPs, according to CoinShares. However, these gains were offset by $285 million in net outflows from incumbent funds, including Grayscale’s $1.5 billion trust.

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https://etp.coinshares.com/knowledge/market-activity/fund-flows-29-07-24

🔔 Elon Musk Declares: "I Won't Be Promoting Crypto"

➡️ Elon Musk, in a podcast, mentioned the merit in Bitcoin and other cryptocurrencies. He expressed a fondness for Dogecoin, citing his love for "dogs and memes." Musk clarified that he doesn't intend to promote any crypto seriously and would only do so in a joking manner.

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https://x.com/dogeofficialceo/status/1817749701627933097

🔔 US Government Transfers $2 Billion in Silk Road Bitcoin

➡️ The U.S. government moved over $2 billion worth of seized Bitcoin from the Silk Road marketplace to an unknown wallet, according to Arkham Intelligence. This comes after former President Donald Trump proposed creating a national "strategic Bitcoin stockpile" and stopping the sale of seized Bitcoin if re-elected. The government's plans for the transferred Bitcoin are still unknown.

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https://platform.arkhamintelligence.com/explorer/tx/2e0b8f39af7d57989a9f911f211d88541473536b42ee4ebd4503cff525155bb0