? MicroStrategy raises holdings to 226,500 bitcoin, introduces BTC yield metric
MicroStrategy said Thursday that since the beginning of the second quarter, it had acquired 12,222 bitcoin for $805.2 million and introduced a new key performance indicator for its bitcoin strategy. Its total bitcoin holdings, 226,500, came at a cost of $8.3 billion, or $36,821 per bitcoin, as of July 31. The company said its "BTC yield" stands at 12.2% in the year-to-date period, and it will target 4% to 8% annually over each of the next three years.

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? Fidelity launches competitive Bitcoin ETP on London Stock Exchange
Fidelity International has launched the Fidelity Physical Bitcoin ETP on the London Stock Exchange for professional investors, according to a July 31 press release. The launch comes as Bitcoin investment products are multiplying worldwide following the record-setting success of US-based spot Bitcoin exchange-traded funds (ETFs) launched in January.

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? Ethereum turns 9 with a $400B market cap and 2.45B transactions
The network, launched on July 30, 2015, was co-founded by several prominent crypto stakeholders, including Vitalik Buterin, Polkadot’s founder Gavin Wood, Consensys CEO Joseph Lubin, and Cardano’s founder Charles Hoskinson. Since then, it has become the second-largest blockchain with a huge ecosystem that has birthed many copy-cats. According to Etherscan, the network has processed 2.45 billion transactions in 20.4 million blocks during its nine-year history.

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?? US government-associated crypto wallet transfers $2 billion of DOJ-seized bitcoin: Arkham data
A wallet labeled as belonging to the U.S. government transferred $2 billion worth of bitcoin to an unidentified wallet on Monday, according to Arkham Intelligence data. The nearly 28,000 BTC, valued at over $2 billion, appears to be tied to funds the U.S. Department of Justice previously confiscated from the now-defunct dark web market Silk Road. Late last year, a U.S. appeals court finalized a mandate that formalized the forfeiture of 69,370 of bitcoin and other crypto connected to Silk Road.

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? Bitcoin 7-Day Hashrate Average Hits Record 677 EH/s, Surpassing May 25 High
According to recent data, bitcoin’s total hashrate achieved a record high this week, based on the seven-day simple moving average (SMA). On July 25, the hashrate, measured by the seven-day SMA, reached 677 exahash per second (EH/s), surpassing the 659 EH/s recorded on May 25.

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? Trump says he'll fire SEC Chair Gensler and create strategic bitcoin reserve if elected: Bitcoin 2024
Donald Trump further outlined his crypto platform on stage at Nashville's Bitcoin 2024 conference in an address on Saturday after taking the stage an hour after his address was scheduled to begin. During Trump's speech, which mainly covered a wide range of general campaign-related policies, the former President also outlined more specific promises when it comes to bitcoin and the wider crypto industry.

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? Bitwise hangs banner on NYSE facade to promote spot Ethereum ETF
Bitwise Asset Management hung a banner showcasing its latest spot Ethereum exchange-traded fund on the facade of the New York Stock Exchange on Thursday, according to a video posted on X by the firm’s executive. Teddy Fusaro, president of Bitwise, posted the video clip in which a banner was raised over Wall Street. The banner reads “ETHW, Bitwise Ethereum ETF,” advertising the newly launched ETF product.

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? Hashdex files S1 for an ETF that holds bitcoin and ether, leaves door open for other assets
Crypto asset management firm Hashdex took the next move in its plan to launch an exchange-traded fund that directly owns spot bitcoin and ether, establishing what could be the first index-based crypto ETF in the United States. Hashdex filed its registration statement, also called an S-1, with the U.S. Securities and Exchange Commission on Wednesday. The fund, called the Hashdex Nasdaq Crypto Index US ETF would own bitcoin and ether, but could later hold more assets depending on how the regulatory landscape unfolds.

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?? Russian lawmakers pass bill legalizing Bitcoin mining, crypto payments for international trade
The Russian State Duma passed a bill legalizing Bitcoin mining and allowing the use of crypto for international trade. The bill, which was first introduced a few years ago, is expected to take effect on Sept. 1, pending final approval from the federation. Based on local reports, the vote tally from the session was conclusive, with 404 votes in favor, representing 89.8% of the total. No members voted against or abstained from voting.

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? Bitcoin Now In French Pension Plans!
VanEck has partnered with Inter Invest to introduce Bitcoin to French pension savings plans through an innovative Exchange Traded Note (ETN). This groundbreaking collaboration marks the first time French pension investors can gain exposure to digital assets in a regulated and secure manner. The product, the $407 million VanEck Bitcoin ETN (VBTC), provides a new way to include Bitcoin in retirement portfolios, offering transparency, security, and diversification.

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