Trading
Digital Asset Treasuries
Michael Saylor reveals how ChatGPT helped Strategy unlock $15 billion for its Bitcoin machine
Strategy turned to artificial intelligence to help design unconventional preferred stocks like STRC and STRK.
ETF
Bitcoin and Ethereum ETFs break $1B in their best week since April and BlackRock brought in 80% of the cash
US crypto ETFs pulled in more than $1 billion, with IBIT and ETHA absorbing roughly $896 million combined.
Analysis
Bitcoin, XRP, Solana and Tron beat Ethereum and Cardano every month since 2022 on investor buying
Putting $100 into crypto every month since 2022 produced a 195% gain in TRX but left Cardano buyers down more than 50%.
Legislation
CLARITY Act is finally headed for a 60-vote Senate showdown in September
Thune formally started the process for a September vote as lawmakers race to settle ethics, stablecoin and illicit-finance disputes.
Digital Asset Treasuries
Trump Media’s $6.4 billion crypto venture canceled amid escalating Trump ethics concerns
The companies terminated their planned CRO treasury venture and a separate ETF partnership as political scrutiny of Trump’s crypto businesses intensifies.
Market
Bitcoin’s $65K recovery shows its growing immunity to bad news as ETFs and whales buy $2 billion
Spot Bitcoin funds are heading for their best week since April while whales add more than $1.2 billion, even as derivatives traders refuse to chase the rally.
Legal
BitGo investors face flood of Aug. 7 class-action deadline warnings
The lawsuit accuses BitGo of understating crypto risk, but today’s deadline applies only to investors seeking the lead-plaintiff role.
Legislation
Senate abandons August CLARITY Act vote – leaving 14 ‘work days’ until midterm election season kills it
Supporters now have roughly 14 scheduled weekdays to rebuild a 60-vote coalition before the midterm campaign sharply narrows the calendar.
ETF
Wintermute takes aim at Wall Street’s crypto ETF gatekeepers
Its new SEC-registered broker-dealer can pursue roles currently occupied by traditional market makers such as Jane Street.
ETF
BlackRock’s rare ETHA reverse split is about to make trading Ethereum 70 times cheaper than Coinbase
ETHA’s reverse split carries none of the usual delisting pressure and could instead improve its price profile and trading costs.
Legislation
Senate has hours to advance CLARITY, but Bitwise says missing deadline sets up a crypto rally
Matt Hougan says passage would be bullish, but a decisive failure could release capital held back by months of regulatory uncertainty.
Hacks
Coldcard’s $130 million crisis is pushing Bitcoin back into Wall Street’s hands
Exchange reserves surged as users fled exposed wallets, while one analyst said spot ETFs could offer a simpler custody option.
