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Increasing Ethereum network use strengthens the case for ETH price rally to $3K

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

Crypto Biz: Massive inflows to exchanges amid market turbulence

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.

City of Santa Monica launches Bitcoin Office, plans October festival

The “Silicon Beach” wants to make sure Bitcoin has a place there, with help from a blue-collar-oriented nonprofit.

Will the Harris-Walz presidential campaign prioritize crypto policy?

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.

Scientists illuminate a path to quantum AGI with new light-based chips

Recent breakthroughs in photonic computing could finally make human-level AI possible.

Synthetix to add Chainlink when v3 exchange launches on Arbitrum

It could be followed with deployments on Optimism and Base.

Trump Jr. to launch DeFi platform, $510B sell-off wipes 2024 crypto gains: Finance Redefined

The crypto industry could gain significant mainstream attention following Trump’s eldest son’s plans to launch a bank-rivalling DeFi platform.

Kyrgyz Republic proposes digital som legislation, CBDC launch by 2027

The small Central Asian country is currently taking public comments on its framework legislation.

Bitcoin’s V-shaped recovery could put BTC on path to new all-time high — Analysts

Bullish traders bought Bitcoin’s recent dip, possibly setting BTC on the way to a new all-time high.

Ripple begins testing RLUSD stablecoin on mainnet

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 bear trap over? BTC price fractal hints at parabolic move next

Bitcoin still faces significant resistance at $62,000, and if it breaks, it could liquidate over $845 million of leveraged shorts.

MiCA regulation poses ‘systemic risk’ to banking system, says Tether CEO

According to Tether CEO Paolo Ardoino, recently approved MiCA regulations threaten both banks and stablecoin issuers.

Regulators postpone listing decision for Hashdex Nasdaq Crypto Index ETF

If approved, the ETF would be the first US fund to hold a diversified portfolio of spot cryptocurrencies.

Price analysis 8/9: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

Buyers are struggling to build upon Bitcoin’s sharp recovery on Aug. 8, indicating that the bears remain active at higher levels.

Bitcoin whale games get traders nervous as 12K BTC appears for sale

Bitcoin order book action is currently marked by significant sell-side liquidity, but this could disappear at any time, analysis says.

10 signs you’ve been in the crypto industry too long

Discover the telltale signs of a true crypto veteran through market crashes, memecoins, and the highs and lows of digital gold.

Vitalik Buterin backs proposed ERC-7683 for cross-chain trade standards

ERC-7683 aims to standardize cross-chain trade execution, enhancing interoperability between decentralized networks.

Hong Kong virtual banks eye Web3 growth despite regulatory hurdles

Despite capturing just 0.3% of retail bank assets, Hong Kong's virtual banks are exploring opportunities in the Web3 space.

Bitcoin as a US reserve asset is ‘great for price’ but poses significant risks — Charles Hoskinson

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 firms pen letter to EU requesting more time to comply with AI Act

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.

Elon Musk’s X suspends data collection for AI training, EU watchdog says

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 launches regulatory sandbox to test crypto services

Thailand has been moving toward a more crypto-friendly stance throughout 2024, approving a Bitcoin ETF, initiating tax breaks for crypto and more.

Tether mints $1.3B USDT since market bottom — Can it push Bitcoin above $65K?

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.

Nigerian activist battles for Bitcoin rights in major legal challenge

The outcome of the case could have significant implications for the future of cryptocurrency in Nigeria.

Kanpai pandas NFTs plunge 45% amid Trump token controversy

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.

New platform tracks Bitcoin rollup performance in real time

Bitcoin Heartbeat by BVM offers a unique, real-time glimpse into Bitcoin’s L2 and L3 rollup projects, enhancing transparency and verifiability.

Turkey sees surge in crypto license applications amid new regulations

Turkey’s crypto economy is poised for growth as local and international companies show keen interest ahead of new legislation.

Bitcoin price must flip $62K to avoid worst ‘death cross’ consequences

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.

Vitalik Buterin moves $8M Ether to new wallet — Possible donation ahead?

The Ethereum co-founder has a history of making multimillion-dollar cryptocurrency donations.

Solana prevents potential outage, patches critical vulnerability

Solana validator Laine said that an attacker could have attempted to reverse engineer the vulnerability, which could have halted the network.

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