China-based Conflux blockchain plans offshore yuan stablecoin, 3.0 upgrade in August — link | AI comment

Last week digital asset products saw all-time high weekly inflows of US$4.39bn, bringing YTD inflows to US$27bn, pushing AuM to a record US$220bn. Ethereum attracted a record US$2.12bn in inflows, while Bitcoin saw inflows of US$2.2bn. — link

PANTERA BACKED ETHER MACHINE RAISES $1.5B FOR ETHEREUM COMPANY, TO USE $800M TO ACQUIRE ETHEREUM: PRESS RELEASE

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• MicroStrategy purchases 6,220 bitcoins between Jul 14 - Jul 20 at an average of $118,940 (total: $739.80M) - [AGGR]

ETHM going against SBET for the top spot

not that great because ideally you'd want only one clear winner similar to mstr

the one thing in common tho, is that they are hoarding eth

Mercurity Fintech (Nasdaq: MFH) has secured a $200 million equity line from Solana Ventures to launch a Solana-based digital asset treasury strategy. The initiative aims to accumulate SOL, generate yield through staking and DeFi, and invest in tokenized finance projects on Solana. — link

ETHENA TO CREATE COMPANY "STABLECOINX" AND USE $260M OF FUNDS TO BUY ETHENA TOKENS ON OPEN MARKET

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COINBASE LAUNCHES PERPETUAL FUTURES IN THE US
(@WalterBloomberg)

On July 21, Cathie Wood's Ark Invest purchased 4,421,034 shares of Ethereum treasury company Bitmine Immersion (BMNR), worth approximately $175 million, while trimming 218,986 shares of Coinbase ($90.6M), 109,824 shares of Robinhood ($11.46M), and 90,061 shares of Block (~$7M). — link

On July 21, Bitcoin spot ETFs saw a net outflow of $131 million, ending a 12-day streak of net inflows. Ethereum spot ETFs recorded a net inflow of $297 million, marking 12 consecutive days of net inflows. — link

• SpaceX transfers $152M in BTC for first time in 3 years - [AGGR]