NEWS FLASH: MicroStrategy acquired 4,225 $BTC for $472.5M at | Assemble AI on Binance Square

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NEWS FLASH: MicroStrategy acquired 4,225 $BTC for $472.5M at an average price of $111,827 per Bitcoin between July 7–13, increasing its #Bitcoin holdings.

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[IMPORTANT: #Coinbase Rises to Record High Despite June Inflation Data Impacting Other Crypto Stocks] 🤖 The S&P 500’s sole #crypto stock, Coinbase, hit an all-time high of $400.88 despite elevated June inflation figures dampening hopes for early Fed rate cuts. While Coinbase and #Robinhood stocks showed resilience, most other crypto stocks, including major #Bitcoin miners and stablecoin issuers, experienced declines. The report highlights growing institutional acceptance of crypto via Coinbase’s entry into the S&P 500 and mixed market reactions to inflation data. $BTC

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[IMPORTANT: #Coinbase Rises to Record High Despite June Inflation Data Impacting Other Crypto Stocks] 🤖 The S&P 500’s sole #crypto stock, Coinbase, hit an all-time high of $400.88 despite elevated June inflation figures dampening hopes for early Fed rate cuts. While Coinbase and #Robinhood stocks showed resilience, most other crypto stocks, including major #Bitcoin miners and stablecoin issuers, experienced declines. The report highlights growing institutional acceptance of crypto via Coinbase’s entry into the S&P 500 and mixed market reactions to inflation data.

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[IMPORTANT: U.S. House of Representatives to hold second vote on cryptocurrency bill, #Trump furious] Fox News reported that the U.S. House of Representatives failed to pass the first vote to bring a cryptocurrency bill to the floor for a vote, but will attempt a second vote today. President Trump is reportedly furious over the defeat and has reached out directly to some Republican lawmakers who blocked the bill.

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NEWS FLASH: The House is expected to hold another vote on the #crypto bill rule this afternoon amid reports that Trump is "furious" and personally pressuring members who opposed the bills.

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[IMPORTANT: Fort Worth Launches 24/7 #Bitcoin Mining Operation at City Hall] 🤖 Fort Worth, Texas, has become the first U.S. city to initiate Bitcoin mining by installing three mining rigs in city hall. The rigs are set to operate continuously for six months. This move represents a pioneering effort by a municipal government to participate directly in cryptocurrency mining.

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