Strategy Purchased 155 More BTC Last Week
According to Aggr News, MicroStrategy purchased 155 BTC at an average price of $116,401 between August 4 and 10. The total investment reached $18 million.
Trump: Cryptocurrencies Will Advance Further Under the Trump Administration
According to Cointelegraph, U.S. President Donald Trump stated that the development of cryptocurrencies will accelerate during his administration.
Empery Digital Increases Bitcoin Holdings to 4,018 BTC
Nasdaq-listed Empery Digital announced that it purchased 17.51 BTC, valued at $2 million. With an average purchase price of $117,552, the company’s total BTC holdings now stand at 4,018.36.
With the approval of crypto investments in the US’s 401(k) retirement plans, the weekly net inflow reached $572 million. Ethereum ETPs led with $268 million in inflows, while Bitcoin saw $260 million in inflows. Solana, XRP, and Near also received $21.8 million, $18.4 million, and $10.1 million in inflows, respectively.
Goldman Sachs: Consumers May Bear 67% of Tariff Costs
Goldman Sachs analysts have stated that current tariff costs will increasingly shift to US consumers. As of June, consumers were bearing 22% of the costs, but this figure is projected to rise to 67% with new tariffs. This is expected to increase inflation in the US by the end of the year.
Chainlink and ICE Are Moving Foreign Exchange and Precious Metal Data to Blockchain
Chainlink has partnered with Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, to integrate global foreign exchange and precious metals price data from ICE Consolidated Feed into Chainlink Data Streams. This step aims to accelerate tokenization and automated payment applications at the enterprise level.
LISTA DAO Offers to Permanently Burn 20% of Token Supply
LISTA DAO has proposed to burn 200 million tokens out of the total 1 billion tokens issued under LIP 021, reducing the maximum supply to 800 million. The vote will take place on August 11–14. Additionally, the 40% frozen allocation can be flexibly distributed between DAO funds and veLISTA rewards.
Matador Technologies Purchases 5 More BTC
Publicly traded Matador Technologies purchased 5 BTC at an average price of $116,619 through Netcoins. The company’s total BTC holdings have increased to 77.4.
Trump Media Submits Revised Registration Statement for Bitcoin ETF
Trump Media & Technology Group, trading under the ticker symbol DJT.O, submitted an updated registration statement for its Bitcoin ETF application.
6,000 $ Target Emerges in Ethereum Options Market
According to Deribit data, the most actively traded strike price for Ethereum call options expiring on December 26 was $6,000. Sean McNulty, derivatives products manager at FalconX, noted that Ethereum is outperforming Bitcoin due to ETF fund inflows, institutional adoption of ETH, and the growth of the stablecoin market.
