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With institutional staking gaining momentum, Sol Strategies' latest validator acquisitions and strategic hires indicate a broader shift toward consolidation within the Solana ecosystem. As competition intensifies, the company's expanding infrastructure signals a continued dedication to the Solana ecosystem.

The investor shorted 6,210 BTC at an entry price of $84,043 per Bitcoin, using borrowed funds to increase the size of the position.



Quick Take As expected, the U.S. Federal Reserve left interest rates unchanged Wednesday at a range between 4.25% and 4.50%. The CME FedWatch currently projects a 16% chance of a rate cut in May with the odds increasing significantly in June.

- 12:08Strategy increased its holdings by 6,220 BTC last weekAccording to Jinse Finance, Strategy purchased 6,220 bitcoins between July 14 and July 20 at an average price of $118,940, with a total investment of approximately $739.8 million.
- 12:03U.S. Treasury Secretary Bessent: The Quality of Trade Agreements Matters More Than Their TimingOdaily Planet Daily News: U.S. Treasury Secretary Bessent stated that trade negotiations are currently underway, and he is more concerned with reaching a high-quality agreement than with completing the deal by August 1. Bessent noted that they are not in a hurry, though it is conceivable that the EU would prefer to negotiate more quickly; at the very least, the EU is now more engaged. His top priority at present is to secure the best possible agreement for the U.S. (regarding the Japan issue). Some analysts believe that Bessent’s remarks suggest that there may be another round of “delaying tactics” by August 1, so it remains to be seen. Meanwhile, regarding the Powell issue, Bessent commented, “Ultimately, it is Trump’s decision on Powell.” He then added that they need to view the Federal Reserve as an institution as a whole. (Jin10)
- 12:03BTCS Reveals Company’s ETH and Cash Holdings Total $242 MillionOdaily Planet Daily News: Blockchain technology company BTCS Inc. (NASDAQ: BTCS) announced that as of now, the total market value of its holdings—including 55,788 Ethereum (ETH), cash, and other liquid assets—amounts to approximately $242 million (calculated at an ETH price of $3,600). In addition, BTCS has agreed to issue approximately $10 million in convertible notes at a price of $13 per share, representing a 198% premium over the closing price on July 18. Over the year, the company has raised a total of $189 million through its DeFi/TradFi Accretion Flywheel strategy and plans to continue expanding its ETH holdings and enhancing shareholder value through both decentralized and traditional financial instruments. (GlobeNewswire)