Weekly Summary
1. 🇺🇸 President Trump officially signs an executive order to open the $12.5 trillion 401(k) retirement market for investment in cryptocurrencies.
2. The SEC and Ripple ($XRP) officially end their legal battle after jointly withdrawing appeals.
3. President Trump signs an executive order to stop bank discrimination against cryptocurrencies, debt, and politics.
4. Canada loses 40,800 jobs in July, the largest monthly decline since the COVID-19 pandemic.
5. Harvard University purchases $116,666,260 from BlackRock's Bitcoin spot fund.
6. Crypto official David Sachs says the executive orders signed by Trump this week will give 90 million Americans access to cryptocurrencies.
7. 82% of S&P 500 companies exceeded quarterly earnings estimates, despite tariffs imposed by Trump.
8. The SEC announces that Liquid Staking activities for cryptocurrencies are not considered securities.
9. Dubai officially grants the first license for cryptocurrency options contracts.
10. Ethereum ($ETH) surpasses $4,300 for the first time since 2021.
