$PUMP REBOUNDS, CRYPTO EDGES LOWER, CHINA TESTING STABLECOINS
Crypto unstable amid weaker macro image. BTC ETF outflows proceed, ETH turns optimistic. Brief time period BTC holders dump $18b as whales purchase. Liquid staking Actions usually are not securities: SEC. China testing out Yuan stablecoins. Brazil considers BTC reserve. Japan’s SBI recordsdata for varied crypto ETFs. Michigan pension fund triples BTC ETF publicity. Sharplink purchased $304m ETH final week. Metamask plans to launch stablecoin. Base briefly goes down resulting from sequencer failure. CZ seeks dismissal of $1.8b FTX lawsuit. Hyperliquid earned 35% of July blockchain income. BitBridge to go public as BTC treasury agency. BNB discloses new infrastructure roadmap. LTC leads alts, MEI Pharma launches $100m treasury. Pendle to permit hypothesis on crypto funding charges.