Michigan State Pension Fund Triples Bitcoin ETF Holdings to $10.7M 💰

Michigan’s State Retirement System has increased its ARK 21Shares Bitcoin ETF holdings to 300,000 shares, valued at approximately $10.7 million—a threefold rise from its previous position earlier this year. This move highlights growing institutional confidence in regulated crypto ETFs as pension funds diversify into digital assets.

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FBTC had a net outflow of $99.1 million, and GBTC had a net outflow of $19.7 million.💪

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Hyperliquid whales continue to withdraw USDC, with over 36 million USDC flowing out in 24 hours😁

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Memecoin Market Observation: New Solana Chain Tokens DeepSeekAI and SPARK Climb the Charts; Base Chain Blue-Chip Tokens ZEN and Billy Emerge

According to GMGN data, the top five Solana chain tokens by market capitalization over the past six hours in the "Hot" sector are Fartcoin, DeepSeekAI, USELESS, TROLL, and SPARK. DeepSeekAI and SPARK have been online for less than 24 hours, so they may present significant risks. Please proceed with caution.

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Glassnode: Both Bitcoin whales and retail investors have increased their holdings of BTC over the past 15 days, potentially reflecting dip-fishing during the pullback.

Glassnode stated in a post, "Over the past 15 days, both whales (holding over 10,000 BTC) and retail investors (holding less than 1 BTC) have, on average, increased their holdings. This suggests they are bottom-fishing during the recent pullback. However, this signal has a lag as it reflects data smoothed over a 15-day period."

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BITCOIN: 🟠 Michael Saylor's STRATEGY has raised $18 BILLION to buy Bitcoin so far this year 🔥

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🗞 August 6 2025 cryptocurrency news highlights

【Cryptocurrency】
Memecoin Market Observation: New Solana Chain Tokens DeepSeekAI and SPARK Climb the Charts; Base Chain Blue-Chip Tokens ZEN and Billy Emerge

【Indicators】
Solana (SOL) Price Eyes $200 After Whale Buys $12M Worth of Tokens🪙

【More】
Michigan State Pension Fund Triples Bitcoin ETF Holdings to $10.7M 💰

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Ethereum ETFs Outshine Bitcoin With $73M Inflows Amid Price Surge🔹💰

Ethereum ETFs saw $73.22 million in inflows, led by BlackRock’s ETHA fund with $78 million, indicating growing investor confidence in ETH. In contrast, Bitcoin ETFs experienced $196 million in outflows, reflecting concerns over U.S. macroeconomic conditions and potential Federal Reserve policy constraints.

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Trump’s tariffs threaten U.S. Bitcoin mining momentum⚠️

Trump's new import tariffs on Bitcoin mining hardware from key Southeast Asian markets are causing major challenges for U.S. mining firms, increasing costs and disrupting supply chains. Finalized on July 31, the tariffs threaten to derail efforts to establish the U.S. as a global Bitcoin mining hub.

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🇨🇳China Tests Stablecoins to Curb Capital Flight as U.S. Dominance Looms

China is preparing to authorize its first dollar-backed stablecoins, aiming to internationalize the renminbi and stem capital outflows. Regulators caution the move poses money-laundering risks, even as policymakers view digital tokens as a tool to compete with U.S. financial influence and reinforce monetary stability.

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Bitwise CIO: Governments and Institutions Eye Bitcoin Reserves 💰

Bitwise CIO claims institutional and governmental discussions about adding Bitcoin to reserves are increasing, signaling the early phase of exponential demand growth for the asset.

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If you invested your $3k U.S. stimmy checks in Bitcoin you would have 0.6361 BTC currently worth $72k.🔥

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a cryptocurrency exchange, is expected to officially list on the New York Stock Exchange on August 13, holding 24,000 Bitcoins and other cryptocurrency assets.‼️

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The number of ETH staked has decreased by 97,572 over the past month, representing a slight decrease of 0.1% in the circulating supply.

According to data from validatorqueue, the number of ETH staked has decreased by 97,572 over the past month, from 35,530,752 on July 9th to the current 35,433,180. Despite a sharp drop on July 25th, the number quickly recovered to its previous level.

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Galaxy Digital-Backed MetaCene Parent Company Secures Dreampoint Holdings Investment at $100 Million Valuation

Hong Kong-listed company Drin Holdings (01709. HK) announced that its managed private equity fund has invested in the parent company of the AI large-scale model game MetaCene at a valuation of $100 million. The two parties will also deepen their cooperation in RWA, stablecoin issuance, and Drin will also participate in the management of its asset MAK.

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President Trump will sign an executive order on Thursday that aims to allow private equity, real estate, cryptocurrencies, and other alternative assets in 401(k) retirement accounts. It is set to be the biggest move yet by the Trump administration to bring private assets to defined-contribution accounts.

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Over $18,000,000,000 Bitcoin short positions at risk of liquidation if Bitcoin reaches $125,000.

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🗞 August 7 2025 cryptocurrency news highlights

【Cryptocurrency】
President Trump will sign an executive order on Thursday that aims to allow private equity, real estate, cryptocurrencies, and other alternative assets in 401(k) retirement accounts. It is set to be the biggest move yet by the Trump administration to bring private assets to defined-contribution accounts.

【Indicators】
Over $18,000,000,000 Bitcoin short positions at risk of liquidation if Bitcoin reaches $125,000.

【More】
Galaxy Digital-Backed MetaCene Parent Company Secures Dreampoint Holdings Investment at $100 Million Valuation

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A certain whale has accumulated over $310 million worth of ETH in the past three days, with an unrealized gain of $17.88 million🔹

A certain whale address has accumulated a total of $314.22 million worth of Ethereum (ETH) in the past three days, now valued at $332.1 million, with a floating profit of $17.88 million.

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Bitcoin jumps as Trump is set to sign an order that allows cryptocurrencies in 401(k)s💰

The crypto market surged Thursday amid optimism that Bitcoin and other digital assets may soon be included in 401(k) retirement plans. Bitcoin's price rose above \$116,000 for the first time since July 31, with the potential for widespread retirement account adoption seen as a major milestone for mainstream crypto acceptance.

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