📈ETH surges as US Government is exposed for selling its BTC

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BTC $118,133 (-0.6%) | ETH $3,435 (+8.7%) | SOL $176 (+5.5%)

• Coinbase Wallet rebrands to Base App, featuring an all-in-one platform for socials, trading, payments, and mini apps

• The US government reportedly holds 85% less BTC than originally expected as full list of holdings is found

• ETH breaks $3,400 for the first time since January 2025

• ETH ETFs record an all time high in net inflows yesterday ($727 million)

• Sharplink Gaming buys another 9.4k ETH worth $32M

• The House passes the 3 Crypto Bills (Genius Act, Clarity Act, Anti-CBDC Act), final bill is for president to sign into law

• Bill introduced in Congress requiring lenders to consider crypto holdings when applying for mortgage

• Bank of America reportedly preparing to launch its own stablecoin

• Bitcoin ETFs mark 10 consecutive days of net inflows, including $799 million on July 16th