Main Password: BancaStato launches Bitcoin trading service, with a main trading volume of $200 million betting on this direction

Strategy founder Michael Saylor stated that STRC has become the largest holder of the three major preferred stock ETFs in the United States, with a total holding size of $756 million, covering BlackRock's PFF, Virtus InfraCap's PFFA, and VanEck's PFXF. Digital credit is entering the mainstream of institutions.

Phong Le stated that the proportion of retail holdings in STRC decreased from 78% to 71% between March and July, while the institutional adoption rate increased to 105%. （Cointelegraph）

Yemeni Houthi militants hit two Saudi oil tankers on Thursday. Pakistani officials said that the cessation of attacks by Yemeni Houthi militants on Saudi Arabia and other Gulf countries is a prerequisite for resuming US Iran negotiations, and Pakistan has conveyed this message to Iran.

Coinbase Institutional and Glassnode have released a report maintaining a neutral outlook for the cryptocurrency market in the third quarter of 2026. The total market value of the cryptocurrency market without stablecoins in the second quarter decreased by about 12%, and the supply of stablecoins reached a historical high. On chain data shows that Bitcoin is transitioning from a correction phase to an accumulation phase, with valuation compression, recent active supply approaching multi-year lows, and the proportion of profitable supply falling below historical statistics. The macro liquidity environment is tight, and Federal Reserve Chairman Kevin Walsh maintains a hawkish stance. The US dollar is strong, coupled with geopolitical risks, selling pressure from digital asset inventories, and net outflows from BTC/ETH spot ETFs in the first half of the year, overall caution is maintained.

Analyst @ nin_otrade pointed out that 6M-12M holders have recently transferred tokens to the exchange, and this group is undergoing asset rebalancing or reconfiguration. （CryptoQuant）