MSTR flywheel in full force on $SBET

They raised $400M+ in a week which is pretty impressive.
Saylor "only" raised $300M+ last week through the MSTR ATM.

That's overall bullish for $ETH and alts.

Basically SBET will keep buying ETH as long as the SBET/ETH ratio does not dump.

Phantom Wallet YTD Revenue Doubles All Other Tracked Wallets Combined (Including Metamask, Trust Wallet, and Coinbase Wallet)

Source: https://x.com/sealaunch_/status/1943738888746332181

According to CNBC, JPMorgan Chase CEO Jamie Dimon said on the earnings call that despite his skepticism toward stablecoins, the bank will participate in efforts involving both the JPMorgan deposit coin and stablecoins amid rising fintech competition. Citigroup executives on the same day said they are considering issuing a Citi stablecoin and are exploring tokenized deposits and crypto custody opportunities. — link

eth/btc
sbet/mstr

up

pumpfun started buyback

https://x.com/Dumpster_DAO/status/1945169971576783198

HOUSE REPUBLICANS HAVE FAILED TO CLEAR A PROCEDURAL MOTION THAT WOULD ALLOW CONSIDERATION OF A PAIR OF CRYPTO BILLS

CRYPTO WEEK CANCELLED ⚠️

According to an SEC filing, Peter Thiel, co-founder of PayPal and prominent Silicon Valley investor, indirectly holds a total of 5,094,000 shares of common stock in Bitmine Immersion Technologies, Inc. through multiple affiliated entities, representing 9.1% of the outstanding shares. — link

On July 15, spot Bitcoin ETFs saw a total net inflow of $403 million, marking nine consecutive days of net inflows. Spot Ethereum ETFs recorded a total net inflow of $192 million, marking eight consecutive days of net inflows. — link