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Linea confirms snapshot was taken for upcoming token airdrop
Linea confirms snapshot was taken for upcoming token airdrop

Quick Take Linea, the Ethereum Layer 2 network backed by Consensys, has confirmed that a snapshot was taken for its upcoming token airdrop.

The Block·2025/07/29 16:00
Top Bitcoin miner MARA issues warning on treasury boom, possible BTC price pressure: 'They can't all be successful'
Top Bitcoin miner MARA issues warning on treasury boom, possible BTC price pressure: 'They can't all be successful'

Quick Take MARA Holdings CEO Fred Thiel, leader of the publicly traded miner with the largest Bitcoin stockpile, said not all treasury companies will be successful. Thiel said Bitcoin whales are selling, and there could be downward price pressure as demand potentially wavers.

The Block·2025/07/29 16:00
Strategy Scoops Up $2.5B in BTC as ETFs Hit 4 Straight Days of Inflows
Strategy Scoops Up $2.5B in BTC as ETFs Hit 4 Straight Days of Inflows

Michael Saylor’s Strategy has recently added another 21,021 BTC to its treasury amid rising institutional interest and subdued volatility.

Coinspeaker·2025/07/29 16:00
White House's working group releases lengthy crypto report including legislative proposals, crypto stockpile details
White House's working group releases lengthy crypto report including legislative proposals, crypto stockpile details

Quick Take In January, Trump tasked a crypto working group with laying out recommendations for a regulatory framework for digital assets, including stablecoins. During a press briefing earlier in the day, senior administration officials said the report was likely the most comprehensive product that’s been released for digital assets.

The Block·2025/07/29 16:00
Overheating in Bitcoin (BTC) Market Less Severe Than Past Correction Phases
Overheating in Bitcoin (BTC) Market Less Severe Than Past Correction Phases

CryptoQuant flags a brief cool-down in the market where Bitcoin corrections are likely to be softer than past downturns.

Cryptopotato·2025/07/29 16:00
Flash
12:51
Steakholder Foods Ltd. announced that the initial market launch of its innovative product Perfecta will begin in the northeastern region of the United States.
The company has established a clear expansion roadmap, planning to further extend its business reach into broader market regions in the third and fourth quarters of 2026.
12:47
StarkWare plans to significantly reduce the number of STRK delegation program validators, raising the single delegation limit to 20 million tokens.
Foresight News reported that, according to a proposal released by StarkWare, major adjustments are planned for the STRK delegation program, reducing the number of validators from over 130 to a maximum of 31, and shifting the strategy from “broad coverage” to “deep collaboration.” The third round of delegation is divided into two channels: Channel A allows a maximum of 26 spots, with each validator eligible to receive at least 15 million STRK delegation, up to 20 million. To qualify, validators must have achieved a 99% uptime on the mainnet over the past three months and meet at least one of the following criteria: rank in the top 8 for STRK staking volume (excluding StarkWare and the Starknet Foundation), be among top cross-chain infrastructure providers (up to 8 additional spots), or be ecosystem application developers who have paid at least $2,000 in network fees per month on average over the past three months (up to 10 additional spots). Channel B allows a maximum of 5 spots, with each validator receiving 5 million STRK, targeting community members who actively participate in decentralization discussions and require a 99% uptime on both the mainnet and testnet. The new rules are proposed to take effect in five weeks, and a two-week period for community feedback is now open.
12:44
Saudi Arabia Significantly Cuts Crude Oil Prices, Largest Drop in 26 Years
On July 6, as global supply increases intensified competition among buyers, Saudi Arabia lowered the official selling price of its main crude oil grades for August to Asian customers, marking the largest drop in at least 26 years. According to a pricing schedule, Saudi Aramco reduced the price of Arab Light crude oil for August exports to Asia by $11 per barrel, with a discount of $1.50 per barrel compared to regional benchmark prices, exceeding the expected drop of $8 per barrel from institutional surveys. Recently, Middle Eastern crude oil prices have declined. After resuming exports from the Ras Tanura port, Saudi Aramco temporarily increased crude oil shipments to about 90% of pre-war levels. Before the war, Ras Tanura was the main shipping port for Saudi crude oil exports. Due to the war blocking the Strait of Hormuz, Saudi Aramco redirected most of its crude oil flows to Yanbu port on the Red Sea. Previously, the OPEC+ oil-producing countries agreed to continue a slight increase in production in August. Now, with shipping in the Strait of Hormuz resuming, Gulf oil-producing countries such as Saudi Arabia, Iraq, and Kuwait will be able to take advantage of their higher quotas.
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