The US stock market opened with mixed ups and downs for cryptocurrency stocks, with SharpLink rising 4.55%

Foresight News reported that according to Argentine media Clar í n, advisor Hayden Davis of the LIBRA project submitted documents in a US court, acknowledging for the first time that LIBRA is a Meme token and denying that it is an investment project with a business plan. This contradicts President Javier Milei's claim that he is "helping the Argentine economy". The case involves approximately $280 million in frozen assets, and a New York court will hold a hearing on August 19th to examine whether Hayden Davis and his partners are suspected of manipulating LIBRA and profiting from it. Previously, on January 30th of this year, Hayden Davis transferred nearly 500000 USDC from his affiliated wallet to Kraken during a meeting with Javier Milei at the Presidential Palace, suspected to be related to the flow of project funds.

According to Golden Finance, listed company Bitcoin Treasury Capital announced the purchase of 10 bitcoins for approximately $1.2 million (or 11.5 million Swedish kronor), with an average purchase price of $119687 per bitcoin. As of July 26, 2025, the company holds approximately 166 bitcoins.

According to Decrypt, US Senator Elizabeth Warren criticized lobbying activities in the cryptocurrency industry and compared it to legislation before the 2008 financial crisis. US Senator Warren acknowledges the necessity of cryptocurrency legislation, but also criticizes the industry's impact on US politics. It claims that the Genius Act is an example of the cryptocurrency industry "enacting its own legislation". She compared it to another bill, the 2000 Commodity Futures Modernization Act, which may have indirectly influenced the 2008 financial crisis.

According to WhaleAlert monitoring, 3581 ETH ($50741865) were transferred from an unknown wallet to Coinbase.

According to AiCoin monitoring, a large amount of funds flooded into the US spot BTC ETF market yesterday, with a net inflow of up to 131 million US dollars, of which IBIT was the largest inflow, with a daily net inflow of 92.8 million US dollars; Next is ARKB, with a total of 30.3 million US dollars. According to the "Spot BTC ETF Tracking" real-time trading strategy developed by AiCoin, there is a significant positive correlation between the inflow of ETF funds and BTC prices. Subscription indicators can be used to automatically place orders based on the flow of funds in the program. Data for reference only