1. Strategy purchased Bitcoin worth $255 million last week at an average price of $77,906;
2. Bitmine's total assets reached $13.3 billion, holding over 5.07 million ETH, accounting for 4.21% of the total supply;
3. DeFi United's fundraising amount exceeds $300 million;
4. The U.S. Senate actually has only about 9 to 10 working weeks left to advance the Clarity Act;
5. Canada proposes to ban the use of cryptocurrency for political donations;
6. Kalshi completes its first customized block trade, with liquidity provided by Jump;
7. Circle: Purchases AAVE tokens to support DeFi ecosystem development;
8. Bernstein: Bitcoin bull market cycle will be longer, driven by institutional capital and stablecoin demand;
9. Avalanche Foundation: Supports DeFi United to restore rsETH collateral support;
10. Consensys and its founder Joseph Lubin will provide 30,000 ETH for Aave rsETH bad debt remediation;
11. Strive increased its Bitcoin holdings by 789 BTC, now holding a total of 14,557 BTC;
12. Curve founder proposes recovering DeFi bad debts through a market-based model.
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Svmuu Morning Brief
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