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BITCryptoXchg

🗞️Daily Market Brief

⭐News Brief
- Yesterday, the U.S. #BitcoinSpotETF experienced a net outflow of $72.1 million.
- Yesterday, the U.S. #EthereumSpotETF saw a net outflow of $1.78 million.
- #Telegram founder Pavel #Durov has been formally charged with six serious offenses.
- #USDC Treasury has minted 50,039,800 USDC on the Ethereum blockchain.
- #Trump: Ready to announce plans to make the United States the global "crypto capital.

⭐️Investing & Financing
- Multi-chain infrastructure Edge Matrix Chain has completed $20 million in funding, led by Polygon Ventures and Amber Group.
- The stablecoin payment network Bridge has raised $58 million, with participation from Haun Ventures and others.
- #Apple is in talks to join a new round of funding for #OpenAI.

⭐️Regulatory Updates
- The U.S. House Financial Services Committee plans to hold several cryptocurrency hearings in September, discussing issues such as #DeFi and #SEC enforcement.
- The Japan Cryptocurrency Business Association has proposed changing the maximum personal income tax on crypto assets from 55% to a flat rate of 20%.
- Bharat Rama, economic advisor to Harris, confirmed during an interview on CNBC's "Squawk Box" that Harris plans to tax unrealized gains. This measure would apply to individuals with an annual income of at least $100 million who have not paid at least 25% in taxes.

#DailyCryptoNews #CryptoNews #CryptoMarket #ETHETF #Cryptocurrency #BTCETF #$BTC #Bitcoin

All You Need to Know in 10s
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