A solo Bitcoin miner has successfully mined block 960804, earning the 3.125 BTC block reward, worth roughly $200,000 at current market prices.
While solo mining victories have become increasingly rare as industrial scale operations dominate the sector, this latest success may not have come from a typical home miner.
CKPool software developer Dr. ck was among the first to congratulate the miner but noted that the mining operation reached a peak hashrate of around 100 petahashes per second, far beyond what most hobby miners can achieve.
Based on that level of computing power, Dr. ck suggested the miner likely rented hashpower rather than relying on personally owned equipment.
Crypto market commentator Bitcoin Archive also said the successful miner was “not the average Joe,” while acknowledging that winning a block still required a considerable amount of luck given the intense competition across the Bitcoin mining network.
The achievement comes as the Bitcoin community continues to deal with the ongoing Coldcard wallet security incident, which has resulted in millions of dollars worth of Bitcoin being stolen from affected users. Despite those attacks, Dr. ck noted that the Bitcoin network itself has continued to function normally without disruption.#crypto#cryptonews https://coinsignals.nethttps://t.me/coinsignalpublic
The outlook for the CLARITY Act has weakened further after the White House reportedly failed to respond to a key counterproposal, reducing optimism ahead of a possible vote.
Journalist Eleanor Terrett reported that despite expectations of progress over the weekend, negotiations remain stalled.
Last week, Terrett revealed that Senators Thom Tillis and Ruben Gallego had proposed stronger ethics provisions, including language that would allow state attorneys general to enforce laws involving federal officials.
In an update on Monday, citing a source familiar with the discussions, she said the White House has yet to respond to that proposal.
“A deal on the CLARITY Act’s biggest outstanding issue has yet to materialize heading into the week of a potential vote.”
With no meaningful breakthrough in negotiations, expectations for the bill’s approval continue to fade. Estimates from Washington analysts and prediction markets now place the chances of passage at around 28%, a sharp decline from roughly 70% earlier this year.#crypto#cryptonews https://coinsignals.nethttps://t.me/coinsignalpublic
Michael Saylor has responded after Strategy disclosed its third Bitcoin sale in recent months, clarifying that his long repeated advice to “never sell your Bitcoin” was intended for individual investors rather than publicly traded companies.
Saylor, the company’s co founder, former Chief Executive Officer, and current Executive Chairman, emphasized that he has never personally sold any of his Bitcoin holdings.
He explained that Strategy operates under different financial considerations because it is a public company rather than a personal investment portfolio.
“Never sell your Bitcoin was meant for savers. I have never sold a single BTC. Strategy is a public company, not my wallet. Since 2020, it has disclosed that it may buy or sell BTC to manage capital. Our shared conviction in Bitcoin remains unchanged.”
According to the company’s latest filing, Strategy sold 1,638 BTC over the past week, following the sale of 3,588 BTC at the end of June.
Part of the proceeds was used to repurchase additional shares of its Variable Rate Series A Perpetual Stretch Preferred Stock, known as STRC. The buybacks helped support the stock’s recovery, with STRC climbing to around $92 after previously falling to about $75. Although the shares remain below their $100 par value, they have rebounded significantly from recent lows.#crypto#cryptonews https://coinsignals.nethttps://t.me/coinsignalpublic
XRP holders can now access decentralized lending on Ethereum without selling their tokens, following the approval of FXRP as collateral in Sentora’s RLUSD lending vault on Morpho.
The integration, announced by Flare, represents a significant step in expanding XRP’s role within decentralized finance by allowing users to borrow RLUSD while maintaining exposure to their XRP holdings.
FXRP Approved for Institutional Lending
According to a press release, Sentora approved FXRP for use in its institutionally managed RLUSD vault on August 3. The vault currently holds approximately $280 million in RLUSD and now supports a dedicated FXRP and RLUSD lending market through Morpho Blue.
The development marks the first time an XRP based asset has been accepted as collateral in an institutional lending vault on Ethereum’s mainnet.
Users can create FXRP through Flare’s FAssets system, transfer it to Ethereum using Stargate, and use it as collateral to borrow RLUSD without having to sell their XRP.
The lending market is open to all participants without a whitelist requirement. A borrowing limit has been introduced at launch, with the cap expected to increase as liquidity in the market expands.
Flare Co founder and Chief Executive Officer Hugo Philion said XRP’s participation in decentralized finance has historically been limited by a lack of infrastructure. He added that the approval demonstrates institutional confidence in FXRP as a recognized collateral asset on Ethereum rather than simply another bridged token.
Sentora Co founder and Chief Technology and Product Officer Jesus Rodriguez echoed that view, saying the integration brings XRP into on chain credit markets and significantly expands its utility within decentralized lending.
Risk Management and Future Plans
Before approving FXRP as collateral, Sentora conducted a detailed assessment covering market performance, pricing oracles, liquidity conditions, and liquidation mechanisms. The company said FXRP will remain subject to the same ongoing monitoring standards applied to all approved collateral assets.
Morpho Blue isolates individual lending markets, meaning any risks associated with the FXRP and RLUSD pool remain contained within that specific market. Each pool also operates with its own pricing oracle and liquidation rules.
Borrowers will pay interest based on market utilization and must maintain sufficient collateral to avoid liquidation.
Looking ahead, Flare is developing Smart Accounts that will enable users to complete the borrowing process directly from XRP Ledger wallets. The company is also working on a direct bridge that will allow FXRP to move from the XRP Ledger to Ethereum without additional transfer steps.#crypto#cryptonews https://coinsignals.nethttps://t.me/coinsignalpublic
Bitmine Immersion Technologies has expanded its Ethereum holdings once again, purchasing another 10,399 ETH over the past week as it continues to strengthen its position as the world’s largest corporate holder of the cryptocurrency.
Following the latest acquisition, the company’s treasury has grown to 5,797,813 ETH, putting it just below the 5.8 million ETH milestone.
Ethereum Treasury Continues to Grow
According to the company’s latest announcement, Bitmine’s combined cryptocurrency holdings, cash, and other investments are now worth approximately $11.3 billion.
Its Ethereum reserves alone are valued at roughly $10.9 billion, reflecting ETH’s recent pullback from above $1,900 to below $1,850. The company now controls about 4.8% of Ethereum’s circulating supply, further solidifying its lead among corporate ETH holders.
Bitmine has also narrowed the gap with Strategy, the largest corporate cryptocurrency holder overall. While Bitmine continues accumulating Ethereum, Strategy has paused its Bitcoin buying and recently disclosed its third Bitcoin sale of the year.
Chairman Tom Lee said the company has increased its Ethereum holdings every week since adopting its Ethereum treasury strategy on June 30 last year. He added that Ethereum’s recent price performance, which has outpaced Bitcoin and many other major cryptocurrencies, reflects improving fundamentals for both the asset and the broader crypto market.
Lee noted that ETH outperformed the Nasdaq 100 by 25 percentage points during July, marking its strongest relative monthly performance since July 2025.
He said:
“In July, ETH outperformed the Nasdaq 100 by 2,500 basis points, or 25 percentage points. This is the largest outperformance since July 2025, and we believe it reflects the strengthening fundamentals of crypto. Last July, ETH climbed from $2,375 to $4,057 by the end of August.”
Staking Operations Continue to Expand
In addition to building its Ethereum treasury, Bitmine is expanding its staking business through its institutional platform, MAVAN.
The company has already committed approximately 4.92 million ETH to staking, representing about 85% of its total holdings.
Based on current staking yields, Bitmine estimates it could generate approximately $291 million in annual staking rewards, translating into roughly $247 million in annualized staking revenue.#crypto#cryptonews https://coinsignals.nethttps://t.me/coinsignalpublic
Crypto traders are paying close attention to this week’s Federal Reserve H.4.1 report after investor Arthur Hayes suggested it could reveal whether Japan used its US Treasury holdings as collateral to obtain dollars during its recent efforts to stabilize the yen.
The report could provide fresh insight into global liquidity conditions and central bank actions that may ultimately influence risk assets such as Bitcoin.
Focus Turns to the Fed’s Balance Sheet
The Federal Reserve’s weekly H.4.1 report details changes to its balance sheet, including repurchase agreement activity involving foreign central banks. Hayes believes the report could confirm whether Japan accessed dollar liquidity through the Fed’s Foreign and International Monetary Authorities repo facility instead of selling its US Treasury holdings.
His comments came after coordinated currency intervention last week. US Treasury Secretary Scott Bessent said the measures were intended to address what he described as disorderly movements in the Japanese yen. He added that the US remains in close communication with the Bank of Japan and Japan’s Ministry of Finance and is prepared to participate in additional coordinated intervention if necessary.
Bessent also expressed support for expanding the FIMA repo facility, which allows foreign central banks to borrow US dollars by using Treasury securities as collateral.
Responding to those remarks, Hayes argued that increasing counterparty limits would effectively allow the Federal Reserve to create additional dollar liquidity backed by Japan’s Treasury holdings.
The H.4.1 report joins a busy calendar of market moving events this week, including the ISM Manufacturing Purchasing Managers Index and Friday’s closely watched US Nonfarm Payrolls report.
Yen Carry Trade Remains a Key Risk
Bitcoin advocate Adam Livingston described the recent US and Japanese policy actions as a remarkable example of global macroeconomic coordination. He noted that Japan spent years maintaining ultra low interest rates and expanding its money supply, making the yen a preferred funding currency for global carry trades.
As the yen weakened, however, US officials argued that the currency had become significantly undervalued.
According to Livingston, Japan needs access to US dollars to support its currency. Selling large amounts of US Treasuries could push Treasury yields higher, increase US borrowing costs, and tighten global liquidity. By borrowing dollars through the FIMA repo facility instead, Japan can avoid disrupting bond markets.
The cryptocurrency market has been watching developments closely because Japan’s low interest rate environment has long supported the yen carry trade, where investors borrow inexpensive yen to invest in higher yielding assets such as stocks and cryptocurrencies.
Last week, analyst EGRAG CRYPTO warned that a rapid unwinding of those positions could trigger widespread selling across risk assets, including Bitcoin, if the yen strengthens too quickly.
Crypto Market Awaits Fresh Catalysts
At the time of writing, the total cryptocurrency market capitalization was holding near $2.2 trillion after declining about 0.8% over the previous 24 hours.
Bitcoin was trading just below $63,000, down around 1% on the day and more than 4% over the past week. Ethereum was hovering near $1,800, roughly 6% lower than its level a week earlier.
Market analyst Daan Crypto Trades noted that both Bitcoin and the broader crypto market have lagged behind the recent recovery in technology stocks. He suggested that investors have been rotating liquidity back into equities, while cryptocurrencies may continue to underperform unless the stock market enters a period of consolidation.#crypto#cryptonews https://coinsignals.nethttps://t.me/coinsignalpublic
Strategy has strengthened its balance sheet by boosting its US dollar reserves and expanding its preferred stock buyback program, even as it sold more than $100 million worth of Bitcoin last week.
The company added $250 million to its cash holdings, bringing its total dollar reserve to approximately $4 billion. It also repurchased about $81 million of its Variable Rate Series A Perpetual Stretch Preferred Stock, known as STRC.
These moves are part of Strategy’s recently introduced Digital Credit Capital Framework, which is designed to improve financial flexibility. The company plans to use its cash reserves primarily to cover preferred stock dividend payments and debt interest obligations, reducing the likelihood of having to sell Bitcoin during periods of market volatility.
However, the company’s latest regulatory filing revealed a detail that Executive Chairman Michael Saylor did not highlight publicly. Between July 27 and August 2, Strategy sold approximately 1,638 BTC for about $105 million at an average price of $63,957 per Bitcoin. The disclosure was included in the company’s official filing.#crypto#cryptonews https://coinsignals.nethttps://t.me/coinsignalpublic
The cryptocurrency market started the week on a weaker note, with Bitcoin slipping back below $63,000 and most major altcoins extending their losses. Pi Network surrendered its recent gains, while only a handful of tokens, including MemeCore and Algorand, managed to trade in positive territory.
Bitcoin Slides Back Toward $62K
Bitcoin began last week with strong momentum, successfully defending the $64,000 support level and climbing to around $65,600 on two separate occasions. However, both rallies were rejected, with the second decline pushing the cryptocurrency below $62,800 just ahead of the Federal Reserve’s policy meeting.
Price volatility increased around the Fed announcement, which ended with interest rates remaining unchanged despite expectations from some market participants for a rate increase. Bitcoin briefly recovered on Friday, reaching approximately $65,400 before heavy selling pressure triggered another sharp decline.
The leading cryptocurrency then dropped by nearly $3,000 to around $62,400. It recovered to $63,000 on Saturday before falling back to $62,200 later that day.
Optimism returned briefly on Sunday after US President Donald Trump canceled planned military action against Iran and spoke about a possible agreement to reopen the Strait of Hormuz. That news helped lift Bitcoin to about $63,700, but the rally quickly lost momentum.
Selling pressure resumed on Monday, sending Bitcoin back to roughly $62,200. While that level has once again provided support, the asset remains more than 4% lower over the past week. Its market capitalization has fallen to around $1.25 trillion, while its market dominance has slipped below 56.5%.
Altcoins Continue to Struggle
Ethereum failed to break above $1,980 during July’s rally and has now fallen below $1,850 following another daily decline.
XRP is hovering just above the $1.05 support level, an area that analysts continue to view as a critical battleground. Holding that level could keep the door open for a stronger recovery.
Other major cryptocurrencies, including Solana, Dogecoin, Cardano, Chainlink, and Monero, also posted losses. Hyperliquid and BounceBit recorded only modest gains.
Pi Network was among the strongest performers over the weekend, rising about 5% to 6% even as the broader market remained subdued. However, those gains quickly disappeared on Monday, with PI falling more than 5% to trade below $0.084.
MemeCore and Algorand were among the few cryptocurrencies posting daily gains, while BEAT recorded one of the largest losses, plunging 24%. ONDO also came under pressure, dropping around 6%.
The overall cryptocurrency market lost roughly $40 billion in value over the past 24 hours, bringing the total market capitalization down to approximately $2.22 trillion.#crypto#cryptonews https://coinsignals.nethttps://t.me/coinsignalpublic
Bitcoin, the broader cryptocurrency market, and traditional financial assets are heading into a pivotal week, with several major economic reports, corporate earnings, and geopolitical developments expected to shape investor sentiment.
Although one key event has already unfolded, its impact on crypto markets has been relatively modest so far, leaving traders waiting for stronger catalysts.
Economic Data Takes Center Stage
Markets initially reacted after US President Donald Trump called off planned military strikes against Iran over the weekend. Trump also said progress was being made toward an agreement involving the Strait of Hormuz, though Iranian officials rejected those claims.
The announcement lifted US stock futures while sending oil prices lower. However, cryptocurrencies saw only a brief rally, with Bitcoin climbing to around $63,500 before quickly losing momentum and slipping back below $63,000 by Monday.
Attention is now shifting to a series of important US economic reports that could influence expectations for Federal Reserve policy.
The July ISM Manufacturing Purchasing Managers Index will be released later today, offering one of the earliest readings on the health of the US economy. On Tuesday, investors will receive the June JOLTS Job Openings report, followed by Wednesday’s ADP employment data, both of which provide an early look at labor market conditions ahead of Friday’s closely watched Nonfarm Payrolls report.
The monthly jobs report remains one of the Federal Reserve’s most important economic indicators. Stronger than expected employment data could reduce expectations for interest rate cuts, while weaker figures may strengthen the case for monetary easing.
Earnings Season Adds Another Market Catalyst
This week also marks a busy period for corporate earnings, with nearly one fifth of S&P 500 companies scheduled to report quarterly results.
Among the most closely watched companies are SpaceX and AMD, which report on Tuesday, followed by SanDisk on Wednesday.
While these companies are not directly tied to the cryptocurrency market, apart from SpaceX’s Bitcoin holdings, strong earnings from major technology firms have often encouraged investors to increase exposure to higher risk assets, including digital currencies.
Analysts at The Kobeissi Letter have described this as a significant week for financial markets, as it combines geopolitical developments, key labor market reports, manufacturing data, and corporate earnings shortly after one of the Federal Reserve’s most closely watched policy decisions in recent years.
A slowing US economy alongside easing geopolitical tensions could provide support for Bitcoin and the wider cryptocurrency market. On the other hand, stronger economic data or renewed conflict in the Middle East could increase pressure on risk assets and potentially send Bitcoin back toward the $60,000 level.#crypto#cryptonews https://coinsignals.nethttps://t.me/coinsignalpublic
Ripple has strengthened its institutional digital asset strategy by investing in two infrastructure companies, Zilo and Licuido. The investments are aimed at accelerating the adoption of regulated tokenized funds, digital settlement, and collateral management on the XRP Ledger. The company did not disclose the financial terms of either deal.
The move builds on Ripple’s existing relationships with both firms as it continues expanding its ecosystem for institutional finance.
Commenting on the announcement, Nigel Khakoo, Ripple’s Senior Vice President of Trading and Markets, said:
“… ZILO and Licuido provide core capabilities that are essential to further scaling this shift: regulated digital transfer agency infrastructure and liquidity for issuance and collateral mobility. This is just the beginning of the journey, and we see a substantial opportunity to bring huge efficiencies to the investment sector over the next decade.”
Building Infrastructure for Institutional Markets
Zilo develops transfer agency and fund administration technology, providing asset managers and custodians with regulated digital record keeping for tokenized fund shares.
Licuido operates a platform regulated by the United Kingdom’s Financial Conduct Authority that enables the issuance, distribution, trading, and use of traditional financial assets as digital collateral.
Ripple plans to integrate the technologies from both companies into the XRP Ledger, allowing institutions to issue tokenized assets, securely hold them in custody, transfer them between investors, and use them as collateral without depending on traditional financial infrastructure.
The company’s RLUSD stablecoin will serve as the regulated cash component for delivery versus payment transactions, allowing both the asset and payment sides of a trade to settle simultaneously on the XRP Ledger.
Expanding Ripple’s Institutional Ecosystem
The latest investments are part of Ripple’s broader strategy to build a comprehensive platform for institutional tokenization, digital payments, stablecoins, and asset trading.
Last month, the company introduced Ripple Mint and invested in compliance technology provider Notabene, further strengthening the infrastructure available to institutions using RLUSD.
Ripple has also collaborated with major financial institutions, including Aviva Investors, Franklin Templeton, and DBS, on tokenized fund and digital collateral initiatives. According to the company, the addition of Zilo and Licuido will help transform those individual projects into scalable infrastructure that can support asset managers across the broader financial industry.#crypto#cryptonews https://coinsignals.nethttps://t.me/coinsignalpublic
