Arthur Hayes predicts Bitcoin (BTC) could reach $250,000 by the end of the year, with Ethereum (ETH) potentially hitting $10,000.

Ethereum has recently experienced notable growth, indicating a potential short-term correction. However, amid broader market dynamics, this upward movement remains modest compared to the overheating observed in the futures market in March and projected for November 2024. Any correction, should it occur, is expected to be limited and short-lived.

Kit 0x3e38 acquired 475 WBTC for $56 million at an average price of $115,733, funded by AAVE. He also established a long position on 434.6 BTC, totaling $51.6 million, with 10x leverage on Hyperlique.

Three new wallets were identified today, collectively receiving 10,703 ETH valued at approximately $39.6 million from Kraken. More details are available here.

Upbit Announces Termination of QuizTalk (QtCon) Transaction Support

Upbit has announced the discontinuation of transaction support for QuizTalk (QtCon). The decision was made on August 25 at 15:00. For more details, visit the official notice.

CoinShares secures MiCA license across the EU. coindesk

Tether Launches New Investment Portfolio, Holds Equity in Over 120 Companies

Zora saw a substantial rally, posting gains of over 100%. As of 19:50 Moscow time yesterday, it led in spot trading volume among digital assets. By 00:40 today, it also ranked first in futures trading across all centralized exchanges and on Hyperlique. Later, at 01:06, Zora continued to lead in open interest growth metrics.
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Mara Holdings secures $850 million in funding to acquire Bitcoin. The company currently holds over 50,000 BTC.

Goldman Sachs and Bank of New York Mellon are providing institutional investors the opportunity to allocate capital to tokenized cash market funds. [CNBC]

Hong Kong-based Privasea AI is partnering with telecommunications provider Hong Kong Telecom (HKT) to develop eSIM cards for Web3 applications. More details are available here.

Upexxi acquires 83,000 SOL.

Brazilian management firm VERT has launched a tokenized private credit platform on the Sendchane XRP Ledger and EVM. More details are available at Coindesk.

Russia's central government has enacted legislation to facilitate the phased deployment of a digital ruble, with implementation scheduled to commence on September 1, 2026.

World Liberty Financial (WLFI) has partnered with Vaulta. Vaulta tokens will be integrated into WLFI reserves, and $1 will be allocated toward Vaulta's infrastructure development.

A experienced a 10 percent increase following the announcement of the WLFI partnership with Vaulta. Notably, substantial token acquisitions began roughly ten minutes before the public disclosure. See chart.

Nature's Miracle (NMHI) plans to purchase up to $20 million in XRP.

The European Union and the United States are nearing the finalization of a trade agreement that would impose a 15 percent tariff and eliminate duties on several categories including aircraft, alcohol, and medical equipment.

Retail traders' enthusiasm is waning rapidly, potentially setting the stage for a rally in Bitcoin.

Last week, Ethereum trading volume totaled $25.7 billion, surpassing Bitcoin’s $24.4 billion, according to data. The ETH/BTC trading volume ratio rose above 1 for the first time since June 2024, signaling increased investor interest in ETH and altcoins.

Joe McCann plans to raise $1 billion to establish a company that will oversee SOL.