❌ SEC delayed the decision on Bitcoin-ETF from Truth Social and Solana Trust
The SEC has extended the review period for the Bitcoin-ETF application from Truth Social until September 18 (was until August 4); similarly, the decision on Grayscale's Solana Trust has been postponed to October 10. Such delays may temporarily dampen institutional confidence in the launch of new ETF products.
❌ Micro-purchases by Michael Saylor: Strategy stopped buying BTC last week
Strategy did not purchase any BTC last week — after two weeks of relatively active buying. Total purchases in July decreased by 39% compared to June. This may indicate a cooling of institutional demand, although the market remains generally favorable.
✅ ETF inflows to ETH: 16 consecutive days — $452.7 million
Ethereum-ETFs continue to attract institutional funds — $452.7 million inflows in the last session, part of a 16-day increase. This strengthens ETH as a fundamental asset and indicates growing institutional trust in the second-largest asset by market capitalization.
✅ Altseason is finally here: altcoins are drawing attention away from BTC
Bitcoin is consolidating after an ATH of $123,000, and trading is gradually shifting towards altcoins. BTC DOMINANCE has fallen, and analysts predict that the rise of altcoins (SOL, XRP, BNB, and others) could push BTC to $150,000 in the next cycle.
✅ Charts show Bitcoin's potential to reach $330,000 this cycle
Technical analyst Gert van Lagen uses the AVIV Ratio (the ratio of active capitalization to realized), which remains below historical highs. History shows: under such conditions, BTC could rise to $330,000 by the end of the market cycle.
✅ Historic regulatory change: the end of the 'war on crypto'
In Trump's second term, the strict regulatory policy was halted: cases against Coinbase, Kraken, OpenSea were dropped; a crypto advisory office was created; the national BTC reserve was restored. Such moves symbolize a political shift towards supporting the crypto market.
✅ Citi changes the model's foundation: adoption is more important than mining
A new bill in the Senate introduces hybrid control over digital assets between the SEC and CFTC. This creates a predictable legal framework for stablecoins, DeFi, and ETF structures, boosting institutional confidence and investor trust.
✅ Crypto treasury strategies are growing: ETH and BTC as corporate reserves
Companies, including MicroStrategy, actively hold crypto assets as part of corporate treasury strategies: ETH alongside BTC. This approach enhances the legitimacy of crypto in the corporate sector and supports long-term demand.
❓️ Reducing the risk of extinction from artificial intelligence should be a global priority alongside other large-scale societal risks
On Wednesday, the U.S. president unveiled his 'Artificial Intelligence Action Plan' #AmericaAIActionPlan and signed three executive orders. All of them, according to Trump, were designed to free artificial intelligence companies from regulatory burdens.
“From now on, the policy of the United States will be to do everything possible to become the world leader in artificial intelligence,” he said before signing his orders.
Trump's doctrine is likely to benefit American companies involved in artificial intelligence. Many of them, such as OpenAI, Meta, and Google DeepMind, have provided recommendations to the president and praised the new policy.
However, the question remains whether the relaxation of stricter rules in the United States will benefit humanity.
Leaders in the artificial intelligence industry have long warned about the threats posed by AI — from misinformation and economic inequality to the complete loss of any human control.
In 2023, a group of prominent artificial intelligence scientists, including OpenAI CEO Sam Altman, Google DeepMind CEO Demis Hassabis, and Anthropic CEO Dario Amodei, signed a one-sentence statement calling for AI regulation.
“Reducing the risk of extinction from artificial intelligence should be a global priority alongside other large-scale societal risks, such as pandemics and nuclear war,” the statement said.
Altman stated last year that artificial intelligence could have a 'negative impact that goes far beyond one country.' He said that this technology should be regulated by 'an international agency that studies the most powerful systems and ensures proper safety testing.'
However, the Trump administration is likely to obstruct any international agreement. Besides its own efforts to ease domestic restrictions, it has largely dismissed other forms of global cooperation in favor of its 'America first' policy.