🗞️ Need to catch up on the news? Here's our top 10 from today:

🔸 The SEC's tokenization innovation exemption has been further delayed, possibly tied to ongoing back-and-forth over the Clarity Act's tokenization section, per Eleanor Terrett.

🔹 VanEck says Bitcoin is "approaching a cyclical bottom," with near-bottoming signs that may warrant investors beginning to scale back in.

🔸 Trump-backed World Liberty Financial delays plans to sell a digital token tied to a Maldives resort, as the Iran war disrupts regional travel, per Bloomberg.

🔹 Elon Musk discloses a 48.4% stake in SpaceX, worth over $900 billion, per regulatory filing.

🔸 Ethereum Foundation researcher Justin Drake announces the EF is dropping Poseidon in favor of SHA or BLAKE hashes.

🔹 The SEC abruptly canceled Friday’s vote on proposed crypto exemptions for startup fundraising, citing an unforeseen scheduling issue.

🔸 The White House is expected to host crypto and prediction market executives next Wednesday, one day before the CFTC’s Innovation Advisory Committee meeting.

🔹 The S&P 500 hits 7,800 for the first time in history.

🔸 The CFTC will discuss crypto regulation, AI agents and prediction markets at its inaugural Innovation Advisory Committee meeting on Aug. 20.

🔹 Japan’s government reportedly backs a BOJ rate hike as soon as next month, per Bloomberg.