Strategy (formerly MicroStrategy) announced on July 21, 2025, that it will publicly offer 5 million STRC Series A preferred perpetual shares with variable dividends, aiming to use the proceeds for Bitcoin purchases and general corporate purposes.
According to the Financial Times, JPMorgan is considering providing loans backed by crypto-assets such as Bitcoin and Ethereum. If this plan materializes, it will represent a significant policy shift for CEO Jamie Dimon, who previously called Bitcoin a "fraud" and predicted its collapse.
According to Arkham data, SpaceX transferred $152 million worth of Bitcoin, marking its first Bitcoin movement in three years.
Ethena announced a $360 million PIPE deal for its newly formed company "StablecoinX," while the foundation also launched a $260 million open-market token buyback.
At the time of writing, Bitcoin (BTC) is trading at $117,370, while Ethereum (ETH) is at $3,680.
The Fear and Greed Index stands at "67," indicating market greed.
Important developments during the day:
Economy (General): FED Chairman Powell will deliver a speech.
Polkadot (DOT): AMA event with Harbour Advisory.
