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$BTC ① Bitmine Immersion Technologies (BMNR) announces that its total cryptocurrency and cash holdings have now exceeded $11.1 billion
Bitmine Immersion Technologies (BMNR) announces that its total cryptocurrency and cash holdings have now exceeded $11.1 billion
② With Senate deadline moved to August, the "Clean Act" failed to meet the July 4 target
The "CLARITY Act" failed to meet the White House's July 4 signing target, leaving the Senate with a compressed window to complete cryptocurrency market structure legislation before lawmakers' August recess. The bill aims to split digital asset regulation between the U.S. Securities and Exchange Commission
③ Strategy sells 3,588 BTC to fund preferred dividends
Between June 29 and July 5, Strategy sold 3,588 BTC for approximately $216 million, using the proceeds to pay preferred stock dividends on its digital credit securities. The sale included quarterly dividends for STRF, STRE, STRK, and STRD, as well as the full monthly dividend for STRC in June. Strategy
④ As megacap leadership expands, U.S. stock market hits a record $81 trillion
The market capitalization of U.S. stocks has climbed to about $81 trillion, giving U.S. stocks roughly 48% of the global market cap, widening Wall Street's lead over all other major stock markets. China remains the second-largest stock market at about $17 trillion. The U.S. total is about 375%l
⑤ $6 trillion stalemate: Banks vs. crypto for stablecoin yields
The biggest debate in U.S. finance right now revolves around one clause: whether a digital dollar can pay interest to its holders. Banks say yield-bearing stablecoins will consume trillions in deposits and disrupt the lending machine. Crypto says banks are…
⑥ Strategy sells 3,588 BTC to fund digital credit dividends
Strategy sold 3,588 BTC for $216 million to fund digital credit dividends, leaving 843,775 BTC and $2.55 billion in U.S. dollar reserves.
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