Good morning!!!
* The president of the SEC encourages everyone to SELF-CUSTODY the Bitcoin and cryptocurrencies they hold.
A SURPRISING statement that supports the original spirit of decentralization.
* Visa and Mastercard stated that the current use of stablecoins remains insignificant and insufficient to challenge their dominant position in the payment market.
* BitMEX co-founder Arthur Hayes stated that the U.S. tariff bill expires in the third quarter.
* Eric Trump recommends 'BUYING the dips of Bitcoin and Ethereum'.
The presidential family publicly supports the crypto market again.
* Alex Rampell, partner at a16z, warns that while 'Operation Chokepoint 2.0' has ended, major U.S. banks are pushing a new 'Operation Chokepoint 3.0'.
* Crypto ETFs had their BEST MONTH in HISTORY in JULY.
$12.8 BILLION flowed in… at a rate of $600M daily.
* On August 1, spot Bitcoin ETFs recorded a total net outflow of $812 million, the second-largest daily outflow in history.
* Spot Ethereum ETFs also experienced a total net outflow of $152 million.
* Gate Group has officially launched the Gate US trading platform, which now offers spot cryptocurrency trading services to users in 23 U.S. states.
* Sonic Labs launches the first CLOB airdrop, allowing users to exchange the acquired portion of their allocation as fNFT ERC 1155.