Surging Ethereum network activity and growing adoption of layer-2 scaling solutions pave the way for an ETH price rally to $3,000.

Surging Ethereum network activity and growing adoption of layer-2 scaling solutions pave the way for an ETH price rally to $3,000.
This week’s Crypto Biz examines Hong Kong’s crypto ETF market, Morgan Stanley’s green light for Bitcoin funds, Xapo Bank license in the UK, and Core Scientific’s billionaire deal with CoreWeave.
The “Silicon Beach” wants to make sure Bitcoin has a place there, with help from a blue-collar-oriented nonprofit.
With the US election in November and polls showing Harris in a dead heat with Donald Trump in battleground states, Democratic voices in the crypto industry are speaking up.
Recent breakthroughs in photonic computing could finally make human-level AI possible.
It could be followed with deployments on Optimism and Base.
The crypto industry could gain significant mainstream attention following Trump’s eldest son’s plans to launch a bank-rivalling DeFi platform.
The small Central Asian country is currently taking public comments on its framework legislation.
Bullish traders bought Bitcoin’s recent dip, possibly setting BTC on the way to a new all-time high.
Ripple believes the total stablecoin market will have swollen to $2 trillion by 2028 as demand for the low-volatility fiat-pegged tokens grows.
Bitcoin still faces significant resistance at $62,000, and if it breaks, it could liquidate over $845 million of leveraged shorts.
According to Tether CEO Paolo Ardoino, recently approved MiCA regulations threaten both banks and stablecoin issuers.
If approved, the ETF would be the first US fund to hold a diversified portfolio of spot cryptocurrencies.
Buyers are struggling to build upon Bitcoin’s sharp recovery on Aug. 8, indicating that the bears remain active at higher levels.
Bitcoin order book action is currently marked by significant sell-side liquidity, but this could disappear at any time, analysis says.
Discover the telltale signs of a true crypto veteran through market crashes, memecoins, and the highs and lows of digital gold.
ERC-7683 aims to standardize cross-chain trade execution, enhancing interoperability between decentralized networks.
Despite capturing just 0.3% of retail bank assets, Hong Kong's virtual banks are exploring opportunities in the Web3 space.
While a strategic Bitcoin reserve may be good for price action, the US Treasury controlling 19% of the BTC supply raises unprecedented centralization concerns.
Tech companies release a joint letter requesting more time from the EU to comply with AI Act requirements, citing challenges due to the summer recess.
After proceedings in an Irish court, the local Data Protection Commission said X agreed to suspend processing personal data of EU users to train its AI system.
Thailand has been moving toward a more crypto-friendly stance throughout 2024, approving a Bitcoin ETF, initiating tax breaks for crypto and more.
The newly minted stablecoins could help push Bitcoin’s price above the $65,000 resistance, which is the short-term whale holder's realized price.
The outcome of the case could have significant implications for the future of cryptocurrency in Nigeria.
Kanpai Pandas NFTs saw a 45% floor price drop amid allegations that the team promoted a Trump-themed token which was later disavowed by the Trump family.
Bitcoin Heartbeat by BVM offers a unique, real-time glimpse into Bitcoin’s L2 and L3 rollup projects, enhancing transparency and verifiability.
Turkey’s crypto economy is poised for growth as local and international companies show keen interest ahead of new legislation.
Bitcoin is still due to close a daily chart “death cross,” but $62,000 resistance could be key to mitigating the BTC price downside that has followed in the past.
The Ethereum co-founder has a history of making multimillion-dollar cryptocurrency donations.
Solana validator Laine said that an attacker could have attempted to reverse engineer the vulnerability, which could have halted the network.
