"Mistakes are the portals of discovery."
— James Joyce

BITCOIN PRICE ACTION

• Bitcoin’s Macro Mirror: Global Liquidity Trends Hint At Bullish Continuation (NewsBTC)
• Bitcoin Price Could Hit A Small Roadblock To ATH As CME Gap Threatens Crash (NewsBTC)
• Bitcoin will make history at $340K if BTC beats last cycle's 2,100% gains (Cointelegraph)
• Bitcoin Traders Eye $135K, Ether $4.8K in Crosshairs as CPI Data Looms (CoinDesk)
• Watch Out for Potential Bitcoin Double Top as Bulls Fail to Break $122K Again (Coindesk)
• Bitcoin ‘ugly daily candle’ may signal drop below $117K: Trader (Cointelegraph)
• Bitcoin $115K Bets In Demand as Downside Fear Grips Market Ahead of U.S. CPI Report (CoinDesk)
• Bitcoin gets $95K target as ‘ugly’ BTC price candle spoils breakout (Cointelegraph)
• Milestone: Bitcoin has not been declared dead in over a year (Finbold)
• Bitcoin Price Decouples from VC Investment Trends (BeInCrypto)
• Bitcoin Profit Taking Appears Modest Even Near All-Time High (CoinDesk)
• “Bitcoin feels “expensive” at $120K. Until it’s $500K.” (@BTC_Archive)
• Bitcoin Cycle Model suggests Bitcoin is about to launch into a massive bull market rally. 🚀 (@BTC_Archive)

• 🇺🇸 U.S. Domestic Liquidity is rising. Bullish for Bitcoin 🐂 (@BTC_Archive)

BITCOIN ADOPTION

• Steak ‘n Shake thanks Bitcoiners as same-store sales rise 11% in Q2 (Cointelegraph)
• Jeff Bezos’ Blue Origin Now Takes Bitcoin For Spaceflights (NewsBTC, BeInCrypto)
• Bitcoin Helps a Steak N'Shake Food Chain Overthrow McDonald’s and Domino’s (BeInCrypto)
• Jack Dorsey’s Block is rolling out a full range of Bitcoin banking tools for small businesses 🚀 (@BTC_Archive) 

BITCOIN MINING

• Bitcoin miner Bitfarms looks to redomicile in US as its revenue jumps 87% year-over-year (The Block)

CORPORATE TREASURY

• JUST IN: 🇳🇴 Norwegian sovereign wealth fund boosts Bitcoin exposure 192% to $844 MILLION 🚀 (@BTC_Archive)
• Metaplanet Boosts Bitcoin Reserves with $61M Purchase (CoinDesk, CryptoPotato, The Block, BeInCrypto, Cointelegraph)
• The Smarter Web Company acquires another $35 million worth of bitcoin as total holdings reach 2,395 BTC (The Block, Cointelegraph)
• 8% of Ethereum Supply Now Sitting in ETFs or Company Reserves (Decrypt)
• SharpLink Gaming shares dip after $400M deal to boost Ether holdings (Cointelegraph)
• BitMine files to expand its at-the-market equity offering by $20 billion to fund more ETH purchases (The Block, Cointelegraph)
• Trump’s crypto ventures yield $2.4B since 2022: Report (Cointelegraph)

ETHEREUM

• Ether profit-taking on the rise as ETH tiptoes near $4.3K (Cointelegraph)
• ETH Surpasses BTC in Year-To-Date Gains (Bankless, The Block)
• ETH Transaction Volume Climbs on Price Rally, Cheaper DeFi Costs (CoinDesk)
• CME Ethereum futures volume hits record $118 billion in July amid renewed market frenzy (The Block) 
• Can Bulls Push Past $5,000 on the Back of Massive ETF Inflows? (CryptoPotato)
• Ethereum Exchange Reserves Sink—Is All-Time High Imminent? (BeInCrypto)
• Binance Swallows $64,000,000 in Ethereum (ETH): Details (UToday)
• Ethereum Open Interest Nears $60 Billion as ETH Hovers Near All-Time High (Decrypt)
• Ethereum Shorts Rekt as ETH Tops $4,500 for First Time Since 2021 (Decrypt)

ALTCOINS

• Ripple-SEC Rally Cools as XRP Drops 2% on Heavy Profit-Taking (CoinDesk)
• 900,000,000 XRP Bought in 48 Hours: Next Stop $3.60 for Ripple? (CryptoPotato)
• XRP Price Flirts With Breakdown—Bulls on the Defensive (NewsBTC)
• XRP faces major risk of dropping below $3 as whale hints at $50M sell-off (Finbold)
• Whales Buy XRP As Escrow Unlock Rumors Encourage FUD (BeInCrypto)
• Binance Coin (BNB) Pushes Higher, Surpasses Nike, DoorDash in Market Cap (CryptoPotato)
• BNB Climbs Above $810 as Buyers Target $815 Resistance (CoinDesk)
• Solana treasury firm DeFi Development Corp estimates it earns $63k per day in 'SOL-denominated revenue' on its 1.3M token stockpile (The Block)
• Dogecoin Flashes Major Breakout as $0.70 Becomes New Target (UToday)
• Sharp 7% Drop Sends DOGE Toward 22-Cents Support on High-Volume Selloff (CoinDesk)

STABLECOINS

• GENIUS ban won’t stop institutions from seeking stablecoin yield — ex-Standard Chartered exec (Cointelegraph)

• Paxos renews push for US bank license as stablecoin rules take shape (Cointelegraph)

ETFs

• Kazakhstan’s Fonte Capital Introduces Central Asia’s First Spot Bitcoin ETF (CoinDesk)
• U.S. Spot Ether ETFs Hit $1B Daily Inflow for First Time; BlackRock Buys 150,000 ETH (CoinDesk, CryptoPotato, Cointelegraph, BeInCrypto, The Block, Decrypt)

• JUST IN: $10 TRILLION Vanguard is now the 2nd-largest holder of Vivek Ramaswamy’s Bitcoin treasury firm. Yet still won't offer Bitcoin ETFs to clients 🤔 (@BTC_Archive)

REGULATION

• SEC Issues Waiver Fulfilling Key Demands of XRP Case (BeInCrypto)
• SEC to focus on ‘clear’ crypto regulations after Ripple case: Atkins (Cointelegraph)
• SEC confirms end of XRP lawsuit (Finbold)

VOICES

• David Bailey: Nakamoto CEO Hints at $1,000,000,000 Bitcoin Purchase, Says Firm Plans on Being Among Top BTC Holders in the World (The Daily Hodl, The Street, Cointelegraph)
• Bo Hines: 🚨BREAKING: Former Trump advisor says the president has given Congress a “clear directive” to establish a strategic Bitcoin reserve. It's happening 🚀 (@BTC_Archive)
• Graham Cooke: Google Vet Says Quantum Computers Can't Hack Your Bitcoin (UToday)
• Joe Lubin: Ethereum Co-Founder Sees ETH Overtaking BTC in Market Cap Within a Year (BeInCrypto)
• Ali Martinez: Crypto analyst predicts XRP set to explode 400% after new update (The Street)
• LARRY FINK: “My opinion five years ago was wrong. I believe Bitcoin is legitimate.” (@BTC_Archive)
• 🇺🇸 U.S. Treasury Secretary Bessent: “Bitcoin is one of the most crucial things in the world right now.” (@BTC_Archive)

THE BAD

• Do Kwon Expected to Plead Guilty Over $40 Billion Terra Collapse (Decrypt, BeInCrypto, The Block, Cointelegraph, CryptoPotato, Bankless, CoinDesk)
• Even $6K in crypto can get you kidnapped, warns expert (The Street) 

VIDEO OF THE DAY

PODCAST OF THE DAY

Bitcoin Near Record Levels - Will The Crypto Rally Go Parabolic? (The Wolf of All Streets)