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Injective integrates with OndoFinance, introducing the USDY tokenized treasury instrument. This partnership expands RWA offerings and boosts capital efficiency in Injective’s dApps. Also, Injective launches AINJ with 21Shares, offering exposure to INJ and staking rewards. #Update
Democratic PAC raises over $50M online after Biden exits the race, endorsing Kamala Harris. This showcases digital donation power, including support from crypto voters. Harris now has access to Biden’s $96M war chest. Chamber of Digital Commerce pushes for a pro-crypto stance. #Update
The Terra Luna Classic community passed a major upgrade proposal v3.1.3 with 99.99% support. Key changes include adjusting Oracle Split logic, preventing memory leaks, and setting a 0.5% burn tax. Validators must update post-chain halt. $LUNC saw a 42% rally, reflecting increased trader interest. #Update
Toncoin ($TON) saw a 5360% surge in daily active addresses YoY, hitting 373K as of July 15. Over half of the projects on TON are Telegram bots, while a new partnership with Animoca Brands’ Mocaverse boosts market position. Toncoin’s price increased 377% to $6.97. #Update
The Digital Chamber urges VP Kamala Harris to support crypto after President Biden’s decision not to endorse her. They highlight blockchain’s potential for economic growth and financial inclusion, especially among Black, Latino, and immigrant communities. Industry leaders criticize Biden’s anti-crypto stance. #Update #CryptoNews
Bitcoin ($BTC) has decoupled from the S&P 500, surging amidst U.S. policy changes and market turbulence. Michael Saylor notes BTC’s 55% gain since Aug 2020, outperforming the S&P 500 and Nasdaq. This positions BTC as a potential safe-haven asset. #CryptoNews
Ripple vs. SEC: Former SEC lawyer Marc Fagel says no evidence of settlement; expects final judgment in weeks. $XRP hits $0.63 amid positive developments and surging Asian trading volumes. Options traders eye $0.70. Verdict on penalties likely by late July/August. #CryptoNews
Bitcoin Conference 2024 in Nashville from July 25-27 features keynotes by Donald Trump and MicroStrategy’s Michael Saylor. Major sessions include Bitcoin’s role in finance, mining economics, and ETFs. Elon Musk might attend. #Bitcoin #BTC
Crypto investment funds attracted $1.35B in inflows, boosting AUM to $97.6B. $ETH saw $45.3M in inflows amid optimism for spot ETFs in the US. $SOL, $XRP, and multi-asset products also gained. Trading volumes surged 45%. The US led with $1.3B inflows. #Update
DeFi TVL soared 72.8% to $94.1B in six months, driven by institutional investment and U.S. SEC approval of spot Bitcoin ETFs. Bitcoin hit an all-time high above $73K. Crypto market cap reached $2.27T, up 37% YTD. NFTs remain volatile. #Crypto #Update
Mt. Gox is set to repay its creditors in Bitcoin, just as Ethereum ETFs launch on July 23. With 138,000 BTC ($8.91B) in control, this has boosted market sentiment, pushing Bitcoin above $68,000 and Ethereum over $3,550. Cryptocurrency trading volume is up 43%. #CryptoNews
Elon Musk (@elonmusk) arrived in Tennessee on July 21, fueling rumors about his attendance at the Bitcoin Conference in Nashville on July 27. His laser eyes profile pic, a Bitcoin symbol, adds to the buzz. Speculation includes Trump proposing a US Strategic Bitcoin Reserve. #BitcoinConference2024
Nate Geraci of The ETF Store predicts a combined spot ETF for $BTC, $ETH, and $SOL. With spot Ethereum ETFs launching July 23, the crypto market remains bullish. Meanwhile, Bitcoin prices hit $68K, Ethereum $3550, and Solana $180, with surging trading volumes. #CryptoNews
Japanese company Metaplanet boosted its Bitcoin ($BTC) holdings by 20.381 BTC, totaling 245.9 BTC (approx. $15.5M). This led to a 20% rise in its stock price. The acquisition aligns with their strategy to buy 1B yen in BTC amid Japan’s economic challenges. #Crypto #Update
