10 #Bitcoin ETFs inflows 7,066 $BTC(+$703.6M) and 9 #Ethereum ETFs inflows 14,425 $ETH(+$48.32M) yesterday.

According to CCTV International News, US President Donald Trump will convene executives from some of the world’s largest mining companies at the US State Department on local time August 7, aiming to take action to "ensure the supply of critical minerals for the United States and its allies". Reuters reports that the US is currently in urgent need of critical minerals to replenish its weapons stockpiles depleted during the conflict with Iran. Expected industry giants to attend include global mining leader Rio Tinto, Australia’s BHP Group, US-based Freeport-McMoRan Copper & Gold, US’s Mountain Pass Materials, US Rare Earths, US Energy Fuels, and Canada Metal Company, among others. According to sources, the Trump administration plans to announce multiple transactions and memoranda of understanding (MOUs).

According to U.S. Securities and Exchange Commission (SEC) filings, Alphabet (GOOG.O) reported holding 551.2 million Class A shares of SpaceX (SPCX.O).

According to Bitget market data, spot silver surged 5.00% intraday, currently trading at $64.60 per ounce. Spot gold extended its gains to hit a new high since June 18.

Bernstein announced it has raised SpaceX's (SPCX.O) price target from $239 to $248.

CryptoQuant analyst Axel Adler Jr. published a post noting that Bitcoin’s Long-Term Holder Spent Output Profit Ratio (SOPR) has fallen to 0.92, a sign that long-term holders are capitulating. However, Bitcoin’s price remains 30% higher than this group’s average cost basis of $49,300, with primary selling pressure still centered on short-term holders.

Stripe’s stablecoin infrastructure firm Bridge’s Luxembourg entity, Bridge Building, has joined the EU’s Markets in Crypto-Assets (MiCA) registration list after securing regulatory approval in Luxembourg. Per the latest update from the European Securities and Markets Authority (ESMA), Bridge’s addition brings the total count of MiCA-authorized e-money token (EMT) issuers on the EU registration list to 42. The development follows weeks after Bridge announced on July 2 that it had obtained Crypto Asset Service Provider (CASP) authorization under MiCA and an e-money institution (EMI) license from Luxembourg’s financial regulator. Mai Leduc Blount, Bridge’s product lead, noted that these approvals allow EU businesses to develop stablecoin and payment products under a regulated framework.