🇦🇹 Raiffeisen Bank hikes $MSTR stake by 3,080% Austria’s $258 billion Raiffeisen Bank International disclosed an increase in its holdings of Bitcoin treasury company Strategy $MSTR, per BTCtreasuries. The bank’s expanded position was reported via X.
🏦 Mizuho Bank: Clarity Act Not Passing in August The $86B bank said the US Clarity Act will not pass in August, and that it will happen "at some point, but not in 2026," per a BitcoinArchive post.
📉 Maxim Group trims $MSTR price target to $215 from $250. The $10B investment bank maintains a buy rating on Bitcoin treasury company Strategy, still implying roughly 120% upside according to the firm's note.
🇺🇸 Sen. Rick Scott urges the Senate to stay and pass Lummis' Clarity Act, per Bitcoin Magazine. Scott said Lummis "worked her butt off with the Clarity Act" and called on colleagues to stay and negotiate: "We've got to stay here and start talking to each other."
📜 Putin Signs Russian Cryptocurrency Law Vladimir Putin has officially signed legislation regulating cryptocurrency in Russia, per WatcherGuru. The new law establishes a legal framework for digital assets in the country.
🟠 TD Cowen initiates buy ratings on Strive's $ASST and $SATA. Analyst Lance Vitanza set a $28 price target on the Bitcoin treasury company's common stock and issued a buy on its preferred stock, per a BTCtreasuries post. "We have a very constructive outlook on Strive," Vitanza said.
📊 Robinhood L2 Tops Layer 2 Revenue Rankings for July Robinhood became the leading Layer 2 chain by transaction fee revenue in July, pulling in $3.5M of the ~$6.3M combined total across major L2s, per CryptoRank data. That represents nearly 56% of all fees generated. Base posted a steadier but far lower daily revenue figure over the same period.
📊 $HOOD Tops Layer 2 Revenue in July Robinhood became the leading Layer 2 chain by transaction fee revenue in July. Combined L2 fees reached ~$6.3M, with Robinhood generating $3.5M—nearly 56% of the total. Base posted steadier but significantly lower daily revenue.
📜 Lummis: Clarity Act Vote Expected Before August Recess Senator Cynthia Lummis said she believes the Senate will get a vote on the Clarity Act before the August recess, per Bitcoin Magazine. She added that the chamber likely won't leave Friday, with work expected to extend into the weekend.
🔍 Mastercard and Borderless test shared identity checks for stablecoin transfers Mastercard and Borderless are testing a shared identity verification system for cross-border stablecoin transfers, according to Cointelegraph. The pilot leverages Mastercard's Crypto Credential framework to bring added trust to the payment process.
📰 Nomura’s Laser Digital backs ZIGChain for UAE onchain private credit push. Laser Digital, the digital-assets arm of Nomura, invested in ZIGChain to support its onchain private credit expansion in the UAE. The investment is understood to be in the high single-digit millions, per CoinDesk.
📉 Memecoins See Market Cap and Trading Volume Slide in July CryptoRank data shows memecoin total market cap declined in July alongside a 20% drop in trading volume, indicating weaker speculative demand and continued capital outflows. Murad's memecoin-only portfolio fell from a $67M peak in July 2025 to roughly $10M a year later—an approximate 85% drawdown.
🇺🇸 Senate has two days to pass the Crypto Clarity Act. The U.S. Senate faces a two-day window to pass the Crypto Clarity Act before leaving for summer recess, according to WatcherGuru.
🔒 Blockstream: Keep Bitcoin Recovery Phrases Offline According to Blockstream, recovery phrases that back up $BTC should never be photographed, typed into websites, or saved in notes apps. Recommended storage options include paper or steel.
⚡ $40K+ hackathon targets $BNB AI agent discovery. More than 200,000 AI agents are registered on BNB Smart Chain, but finding one is still the hard part. Build the Era is an open hackathon calling for a marketplace where agents get found, compared, and hired. The winning build could become the official BNB Agent Studio marketplace; build period runs Aug 5–Sep 9.
💀 Founder declares AI agent token dead after $2.4B market cap wipeout Eliza Labs founder Shaw Walters said the ELIZAOS foundation is closing and advised holders to sell, according to Coindesk. The token, which replaced $AI16Z following a lawsuit and rebrand, is down 97% from its peak.
📉 SpaceX extends decline to 11% premarket as lockup expiration and capex spending fears weigh. According to CoinDesk, the slide follows the company’s first earnings report, with investors focused on capital spending, free cash flow pressure, and an upcoming insider lockup expiry. SpaceX reported no $BTC sales during the second quarter.
💰 Yellow Card raises $40M to connect banks with stablecoin processing. The round brings the company’s total financing to more than $120M since it was founded 10 years ago, according to CoinDesk.
🔐 SHIB Veteran Drops Ecosystem Update Alongside 'Official' Accounts Warning According to U.Today, a Shiba Inu community veteran shared recent ecosystem progress while flagging a security concern over accounts marked "official." The reminder urges $SHIB holders to verify authenticity.
⚖️ Binance affiliates sue RedotPay founders over alleged user diversion. Binance-linked entities have filed a $470 million lawsuit in Hong Kong accusing crypto payments firm RedotPay’s founders of funneling hundreds of thousands of customers to a rival product in what they describe as a fraudulent scheme, per Bloomberg.
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