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World Liberty Financial, associated with Donald Trump, plans to create a strategic reserve of cryptocurrencies, reflecting the organization's expanding footprint in the digital finance sector.

Dave Portnoy sparks controversy with meme coin trades and promotion, accused of profiting off followers with pump-and-dump schemes.

The proposal follows similar legislative moves by other U.S. states exploring Bitcoin adoption in their financial reserves.





Quick Take The prices of various cryptocurrencies have dipped after President Trump told reporters that he plans to implement new 25% tariffs on steel and aluminum next week. The price of Bitcoin, which briefly surpassed $100,000 on Friday, has slid to around $95,000, with Ethereum down 3.5% in the past 24 hours. The price action comes shortly ahead of Super Bowl LIX, expected to be the most-watched telecast of the year.


- 14:37Bitwise CIO: The CLARITY Act Could Reshape Crypto Asset Valuation Like the Treasury MarketAccording to a report by Jinse Finance, Bitwise Chief Investment Officer Matt Hougan stated that the U.S. House of Representatives passed two landmark bills on Thursday. One of them, the CLARITY Act, provides clear definitions for digital assets and delineates regulatory responsibilities between the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). Meanwhile, another piece of legislation called the GENIUS Act has become the first federal-level crypto law in U.S. history, establishing nationwide standards for the issuance and regulation of stablecoins. This has prompted institutional investors and market analysts to reconsider the future valuation, trading methods, and structural design of digital assets. After the bills were passed, Matt Hougan commented on their impact on the digital asset market. He noted that, in particular, the CLARITY Act could introduce an entirely new pricing mechanism for crypto assets, similar to the valuation methods used for bonds in traditional finance (TradFi).
- 14:37Giants Protocol: Considering Locking Up 90% of Team TokensAccording to ChainCatcher, Giants Protocol Core has announced that it is currently considering locking more than 90% of the team’s tokens to support its long-term strategy—starting with real-world assets (RWA) and advancing the “global asset tokenization” initiative. Giants Protocol stated that to ensure comprehensive compliance and regulation on a global scale, it is exploring a compliant IPO in the United States to further solidify its vision: building a fully autonomous, decentralized, and equitable economic system for the world. The company will also conduct a G RWA roadshow in major cities worldwide.
- 14:19U.S.-listed company BTCS rises 28.67% after increasing ETH holdings through recursive borrowingOdaily Planet Daily News: U.S.-listed company BTCS rose by 28.67%, currently trading at $8.3, after increasing its ETH holdings through a revolving loan strategy.In addition, on July 16, it was reported that BTCS was included in the Russell Microcap Index.