The Week Ahead: infinityhedge | Big Week

Mon/28
*U.S. Treasury’s Quarterly Refunding Announcement (QRA)
*Saylor expected to announce BTC purchase
*US, China 3rd trade talks (expected to extend tariff pause by another 90 days per SCMP sources)
*‘Harmonic’ Mathematical Superintelligence Announcement

Tue/29:
*IMF Economic Outlook Update
*U.S. JOLTS
*Earnings: PayPal, Visa, Spotify, MARA Holdings

Wed/30:
*U.S. ADP, Q2 GDP
*U.S. Treasury QRA (borrowing estimate)
*FOMC Meeting: Fed expected to keep rates unchanged but all eyes will be on Powell to see whether he’ll respond to Trump’s relentless pressure, change his tune
*Earnings: Meta, Microsoft, Robinhood, arm
*Ethereum’s 10th anniversary celebration
*U.S. Digital Asset Working Group will release report: may include recommendations on funding a strategic Bitcoin reserve

Thu/31
*BoJ Interest Rate Decision: expected to keep rates unchanged
*U.S. PCE
*Earnings: Apple, Amazon, Reddit, MicroStrategy, Coinbase, Riot

Fri/01
*Trump Tariffs Deadline, tariff letters
*U.S. ISM, NFP report
*Hong Kong’s stablecoin bill takes effect (similar to the GENIUS Act)
*Earnings: Exxon, chevron

Sat/02: Berkshire Hathaway earnings

Whole Week: Trade-Tariffs Week, Earnings Week, Economy Week, Crypto policy Week, Roman Storm trial

More about the week Ahead and What Happened last week:
https://infinityhedge.substack.com/p/the-7-days-e5e

According to Bloomberg, the EU and U.S. have reached a trade deal to avoid a tariff war. The EU agreed to a 15% tariff on most exports, including cars, and pledged to buy $750 billion in U.S. energy, invest $600 billion in the U.S., open its markets, and purchase American military equipment. Key details remain undisclosed, and some terms are still in dispute. — link

In the next 7 days, major one-time token unlocks (over $5 million) include: SUI, JUP, ENA, OP, KMNO, SIGN, GPS, ZETA, and REZ. Significant linear unlocks (daily unlocks over $1 million) will occur for: SOL, WLD, TIA, DOGE, TAO, AVAX, SUI, DOT, IP, MORPHO, SEI, ETHFI, JTO, FIL, and ENS. The total unlocked value is expected to exceed $686 million. — link

Japanese publicly listed company Metaplanet has purchased 780 BTC at an average price of approximately $118,622 per bitcoin, totaling around $92.5 million. As of July 28, Metaplanet holds a total of 17,132 BTC, acquired for approximately $1.73 billion at an average purchase price of about $101,030 per bitcoin. — link

From July 21 to July 25 (ET), spot Ethereum ETFs saw a weekly net inflow of $1.85 billion — the second-highest on record. Spot Bitcoin ETFs recorded a weekly net inflow of $72.06 million, marking seven consecutive weeks of inflows. — link

South Korea’s largest crypto exchange, Upbit, is set to list OP trading pairs with KRW, BTC, and USDT. Optimism (OP) is a Layer 2 solution developed to address Ethereum’s scalability issues. — link

Bloomberg reports that Trump Media & Technology Group (TMTG) has invested $300 million in a Bitcoin-linked options strategy, potentially aiming to capitalize on BTC price swings. The company currently holds around $2 billion in crypto assets, making it one of the few publicly traded firms involved in such leveraged exposure. — link

Binance will launch BANANAS31/TRY, CVX/USDC, FUN/USDC, and LISTA/USDC spot trading pairs and Trading Bots at 16:00 (UTC+8) on July 29. USELESS is also live on Binance Alpha. Previously, the Solana-based meme coin USELESS was bridged to BNB Chain via Chainlink CCIP. — link

Digital asset investment products saw US$1.9bn in inflows last week, bringing month-to-date inflows to a record US$11.2bn. Ethereum attracted US$1.59bn in inflows, its second-largest week ever. Bitcoin, by contrast, experienced minor outflows totalling US$175m. — link

Binance has launched RWUSD, a principal-protected product offering up to 4.2% APR, benchmarked to yields from tokenized U.S. Treasuries and other RWAs. Users can subscribe 1:1 using USDT or USDC. RWUSD is non-transferable, non-tradable, and cannot be withdrawn on-chain. — link

According to Spot On Chain, Tether minted 1 billion USDT on Tron today. Over the past 25 days, Tether has issued a total of 8 billion USDT — 2B on Tron and 6B on Ethereum. During the same period, Bitcoin price surged 16.5%, climbing from $105,430 to a new all-time high of $122,780. — link

QCP: ETH nears $4K amid seven straight days of stronger ETF inflows than BTC. BTC remains stable despite slower inflows and a major sell-off, with dominance steady at 60%. Elevated open interest and funding rates suggest near-term caution, but dip-buying by institutions and strong momentum support continued upside. — link

Grab, the largest ride-hailing app in Southeast Asia, announced that users in the Philippines can now top up cryptocurrencies (such as BTC, ETH, USDC, USDT) into their GrabPay wallets. The feature was first launched in Singapore in 2024 and has now been expanded to the Philippines, a country with a population of 112 million. — link

BNB briefly surpassed $860 today, reaching a new all-time high and currently trading at $846.71. According to 8marketcap, BNB’s market cap has risen to $119.3 billion, marking a 24-hour increase of 6.48% and a 7-day gain of 12.74%. It has climbed 13 positions in global asset rankings to 184th, surpassing Strategy (190th) and SoftBank International (193rd). — link

BTCS Inc. (Nasdaq: BTCS) announced that it has increased its ETH holdings by 14,240 ETH, bringing its total to 70,028 ETH, valued at approximately $270 million based on an ETH price of $3,850. BTCS has raised $207 million this year through its DeFi/TradFi flywheel strategy, and completed a $10 million convertible note financing. 一 link

MICROSTRATEGY REPORTS NO NEW BITCOIN BUYS OVER THE PAST WEEK: FILING

🔗 velo.xyz

Who Is Tom Lee? From Wall Street Star to Ethereum MicroStrategy Architect

Tom Lee, former JPMorgan strategist and Fundstrat co-founder, now chairs BitMine Immersion Technologies, leading its $2B Ethereum treasury strategy. He believes Ethereum’s role in stablecoins and real-world assets positions it as Wall Street’s preferred blockchain. Lee projects ETH to reach $10K–$15K by year-end, calling it a rare corporate treasury opportunity. Read more — link

MARA Holdings (Nasdaq: MARA) has completed a $950 million convertible note offering due 2032 with 0% interest. Net proceeds of ~$940.5 million will be used to buy Bitcoin, repay debt, and fund corporate growth. The notes are convertible at ~$20.26/share, with capped call protection at $24.14 to reduce dilution. — link

Nasdaq-listed BTCS buys $55 million in ETH, boosting holdings to over 70,000 ETH — link | AI comment

Finance firm Mill City Ventures to buy $441M in SUI tokens, pivoting to crypto treasury strategy — link | AI comment

CEA Industries (Nasdaq: VAPE) and 10X Capital, with the support of YZi Labs, announce a $500M private placement (including $100M in crypto) to establish the world’s largest publicly listed BNB-focused treasury company. The deal, set to close by July 31, could reach $1.25B with warrant exercises. Over 140 institutions joined, including Pantera, GSR, dao5, and Arrington. — link