$BTC is back above $64,000.
US stock futures are up, while Oil is slightly down.
Pre-market stock trading insights:
▫️Nasdaq futures is up 0.29% 🟠
▫️S&P futures is up 0.14% 🟠
🇺🇸 Trump Media & Technology Group adds 4,662 #Bitcoin to its treasury, bringing total holdings to 12,062 $BTC, making it the 12th largest public Bitcoin treasury.
The firm's Q2 report outlined plans to implement a "more disciplined digital asset treasury management framework."
🇺🇸 The SEC is moving on crypto regulation.
With the CLARITY Act still stuck in Congress, the SEC is preparing to consider its own “Regulation Crypto” framework this Friday.
The proposal could create a clearer path for certain crypto projects to raise capital in the US.
And this is important.
Crypto regulation isn't waiting around for Congress anymore.
The SEC is starting to build the rules itself.
Friday could be a big step toward finally giving the industry some clarity.
🏦 VISA COMMENTS ON STABLECOIN COMPETITION
Visa's CEO said the company's role is not to choose winners among stablecoins such as #OpenUSD, #USDT, and #USDC, as competition in the digital payments sector continues to grow.
Market Implication:
Growing interest from major payment companies reinforces the long-term potential of stablecoins in global finance.
#Stablecoins #Visa #Blockchain #Crypto
$BTC
Monthly close is in 2 days, and so far it doesn't look like a particularly bearish close. We've already established both the monthly high and monthly low.
If price starts pushing higher and sweeps the current monthly high into the beginning of August, I'd be very cautious.
At the start of a new month, BTC often targets significant highs or lows to establish the month's range, so that's something to watch closely in August. If we begin selling off in August without first sweeping July's wick high, then the 60K–61K region becomes the key area to observe.