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πŸ‡ΊπŸ‡Έ U.S. Treasury Secretary Bessent shares an historic video titled β€œCrypto, Welcome Home”

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Indonesia Quadruples Tax on Overseas Crypto Trades Starting August 1 ⚠️

Indonesia will raise the tax on overseas crypto transactions from 0.2% to 1% and double the domestic exchange tax to 0.21%. The VAT on crypto mining will also increase to 2.2%, while the 0.1% special mining tax will be scrapped in 2026. The move reflects a shift to treat crypto as a financial asset, aiming to boost state revenue and tighten regulation on offshore activities.

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As of July 29th, total Bitcoin held by U.S. spot ETFs stands at 1.325M BTC.πŸ’ƒ

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Simplicity smart contracts set to activate on Liquid, bringing safer, verifiable scripting to Bitcoin’s sidechain.πŸ› 

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BlackRock's ETHA holds $11.32 billion worth of ETH, representing 2.46% of the ETH supply.

According to Arkham data, BlackRock's Ethereum spot ETF ETHA has accumulated buy orders worth $375 million of ETH this week, and ETHA currently holds $11.32 billion worth of ETH, accounting for 2.46% of the ETH supply.

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Base ecosystem tokens saw a general increase, with CLANKER up 31.96% in 24 hours.

According to GMGN market data, Base ecosystem tokens saw a general increase, including:

CLANKER saw a 24-hour increase of 31.96%, with a current market capitalization of $58 million and a 24-hour trading volume of $5.3 million;
BNKR saw a 24-hour increase of 40.99%, with a current market capitalization of $84 million and a 24-hour trading volume of $15.65 million;
DRB saw a 24-hour increase of 35.91%, with a current market capitalization of $22.48 million and a 24-hour trading volume of $2.24 million;
NOICE saw a 24-hour increase of 5.13%, with a current market capitalization of $29.5 million and a 24-hour trading volume of $2.06 million;
KTA saw a 24-hour increase of 4.9%, with a current market capitalization of $1.2 billion and a 24-hour trading volume of $17.5 million;
MAMO saw a 24-hour increase of 12.13%, current market capitalization $120 million, 24-hour trading volume $1.27 million.

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Robin Energy has adopted Bitcoin as its primary treasury asset, with an initial investment of $5 million.

Robin Energy, a US-listed international shipping company, has adopted Bitcoin as its primary treasury asset, with an initial investment of $5 million, with a maximum allocation of 50% of its cash reserves.

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Cryptocurrency and AI Researcher Wang Chao: Content Token should be explored, but the success rate of highly speculative tokens is questionable

Cryptocurrency and AI researcher Wang Chao, as a guest on BlockBeats' "Content Coin: Hype, Hope, or the Second Spring of Creator Economy?" themed Space, expressed his views. He stated that some AI-generated content is definitely valuable, but the value of packaging AI-generated content into tokens is still questionable and depends on whether the generated content has value. All data itself has asset attributes, but this value is difficult to measure using the traditional price system. It is not denied that content tokens should be explored, and some content tokens are valuable, but there is a strong doubt about the probability of success of a highly speculative token.

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Shiba Inu Buying Activity Increases by 14%πŸ“Ά

Shiba Inu (SHIB) saw a double-digit surge in buying activity on Thursday despite three months of price stagnation, which has frustrated investors. The recent increase in buying suggests that traders believe SHIB may have bottomed out, prompting renewed interest. SHIB even briefly turned green as buyer demand outpaced sellers.

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Bitcoin Steadies At $118,000 As Ethereum, XRP, Dogecoin Push HigherπŸ•―

Bitcoin and Ethereum saw a rise in large transactions (up 7.2% and 4.2%, respectively) and daily active addresses (up 0.4% and 25.8%). In the past 24 hours, 136,384 traders were liquidated, totaling \$423.35 million. Spot Bitcoin ETFs recorded \$47.04 million in net inflows, while Ethereum ETFs saw \$5.8 million.

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πŸ‡ΊπŸ‡Έ SEC Crypto ETF Ruling Seen as β€œPlumbing Fix,” Not Retail Shakeup

The SEC’s approval of in-kind redemptions for Bitcoin and Ethereum ETFs is being hailed by analysts as a structural upgradeβ€”not a transformative change for retail investors. The move allows institutional managers to exchange actual crypto tokens for ETF shares rather than relying on cash, cutting costs and improving efficiency. Despite the backend improvements, experts say everyday investors won’t feel a major impact, and the change paves the way for broader alignment between crypto and traditional investment products.

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US Lawmakers Visit Argentina to Study Crypto Amid Inflation Crisis

A US congressional delegation led by Rep. French Hill visited Argentina to examine how locals are using cryptoβ€”especially Bitcoin and stablecoinsβ€”as tools for inflation hedging, remittances, and daily transactions. Meeting with President Javier Milei and local fintech firms, the lawmakers reviewed Argentina’s regulatory and tax frameworks to gather insights that could guide US crypto policy development.

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Meme Coin Market Watch: New Coin WLFI Launches on Solana, OG Sees Short-Term Market Cap Surge, Base Chain Veteran Token BNKR Shows Active Trading

According to GMGN data, the top five tokens in the "Next Blue Chip" sector on the Solana chain in the past 6 hours were WLFI, PUMP, OG, MarsMi, and URANUS. WLFI and OG are new meme tokens that have been listed for less than 10 hours, with fewer than a thousand holders, posing a significant risk.

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Indonesia's Cryptocurrency Annual Tax Revenue Reaches $364 Million, User Base Exceeds 20 Million

According to the Indonesia Tax Office, as of this year, Indonesia's annual cryptocurrency tax revenue ranges from 500 billion to 600 billion Indonesian Rupiah (approximately 31.25 million to 36.40 million US dollars). In detail, the tax revenue for the first year in 2022 was 24.6 billion Rupiah, decreased to 22 billion Rupiah in 2023, surged to 62 billion Rupiah in 2024, and up to now in 2025, 11.5 billion Rupiah has been collected.

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Bloomberg: Venture Capitalists are Fueling a New Wave of Cryptomania Sweeping Through College Campuses

According to Bloomberg, as cryptocurrency's reputation in the U.S. public opinion arena gradually "cautiously recovers," a wave of venture capital-backed blockchain enthusiasm is quietly rising on university campuses.

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DevvStream, a US-listed company, has launched its crypto treasury strategy, with the initial purchases of BTC and Solana.

According to BusinessWire, DevvStream Corp. (NASDAQ: DEVS), a US-listed carbon management company, today announced the official launch of its crypto asset treasury strategy, with the initial purchases of Bitcoin (BTC) and Solana (SOL).

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XRP Price Could Explode as SEC ETF Decision Looms in 21 DaysπŸͺ™πŸ˜―

The SEC is reviewing a new streamlined process that could approve an XRP ETF within 21 days, potentially triggering a major price rally. This fast-track framework is raising excitement in the crypto world, as it could significantly boost institutional interest and adoption of XRP.

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Shiba Inu (SHIB) Price Drops 6% But Bulls See Hope in Technical PatternπŸ“Ά

Shiba Inu (SHIB) fell 6% amid market fears triggered by Trump’s new tariffs. However, traders remain hopeful as technical charts show a potential bullish reversal pattern forming, specifically an inverted hammer, which could signal an upcoming price rebound.

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