PANews reported on July 24 that according to The Block , the deBridge Foundation has launched a reserve fund to use 100% of the protocol revenue to repurchase its native DBR tokens on the open market. As of July 24 , the fund has acquired 1.3% of the total supply of DBR since its launch in June , worth nearly $ 3 million. The deBridge treasury now holds $ 30.1 million in assets, covering DBR , USDC , SOL and ETH . In addition, the fund is also exploring income strategies and has launched a public dashboard to track assets and income in real time.



Bitcoin’s market cycles may stretch longer as ISM manufacturing data remains weak, hinting at extended macro headwinds and slower business recovery. The Institute for Supply Management’s (ISM) Manufacturing Purchasing Managers’ Index (PMI) has historically aligned with major peaks in Bitcoin’s market cycles — a pattern that, if repeated, could imply a longer-than-usual cycle this time around.The correlation between the ISM PMI and Bitcoin’s (BTC) price was first popularized by Real Vision’s Raoul Pal and has since gained traction among macro-focused crypto analysts.“All 3 past Bitcoin cycle tops have broadly aligned with this monthly, oscillating index,” analyst Colin Talks Crypto noted, referencing the recurring overlap between Bitcoin’s market highs and the PMI’s cyclical peaks.Read more