Digital Asset Treasuries
BitMine is now $484 million away from completing its 5% Ethereum target
The Tom Lee-led company added just 7,430 ETH last week as it diverted about $86 million to buying back its own shares.
Sentiment: Neutral
Latest stories
Derivatives
Most world cup traders won less than $5 on Polymarket while FIVE wallets walked away with millions
Polymarket and Kalshi captured record sports activity, but only 54 Polymarket addresses collected nearly 60% of all gains.
Market
Bitcoin breaks $66k as US debt hits $39.5 trillion creating Bitcoin’s next liquidity test for August 3
Treasury’s August 3 borrowing update will show how much new government debt markets must absorb as Bitcoin trades near $65,000.
Digital Asset Treasuries
Bitcoin treasury company discovers buying own stock adds 24% more BTC per share than buying Bitcoin
Across its first five buybacks, B HODL added 24% more gross Bitcoin per share for every pound spent than a direct BTC purchase would have.
Censorship
France blocked Polymarket after its transaction controls failed to stop 578,751 new French visitors
ANJ cited Similarweb estimates after operator-level controls were circumvented in practice while the platform's live odds remained visible.
Trading
Hyperliquid challenges Polymarket with $32 million opening for prediction-market builders
The HIP-4 framework could accelerate prediction-market listings, though prospective operators must lock 500,000 HYPE tokens.
Trading
Bitcoin whale dumps $122 million 40x long right before liquidation can strike
The Hyperliquid Bitcoin whale wipes out $61,605 liquidation risk, erasing the market’s clearest liquidation target.
Analysis
Bitcoin ETF inflows return, but $2.3 billion stablecoin liquidity drain leaves $57,000 exposed
The split between improving Wall Street demand and weakening trading liquidity leaves $57,000 in view if support fails.
Wallets
MetaMask code was open to a North Korea-linked contractor for a month before Consensys halted releases
Consensys found no compromised assets or data, no malicious code deployment and no user impact, but contractor access controls face scrutiny.
Macro
Bitcoin rallied on cheaper gas while Americans expect rents to surge 8.3%
Both of the two big US report that landed this week have a blind spot that makes it harder to tell a healthy consumer from a squeezed one.
Macro
Bitcoin is trading through a dangerous weekend as 20% of the world’s oil hangs in the balance
Bitcoin will trade through the weekend while oil futures, Treasuries, and US equities remain closed, making it the first global risk asset forced to absorb Hormuz developments.
Regulation
Trump posts may soon reach trading bots before users and prediction markets are not ready
Trump Media’s proposed $100,000 feed would sell institutional traders faster access to the president’s market-moving posts.