β‘οΈ UPDATE: A Manhattan federal judge has unfrozen about $57.6 million in USDC linked to the Libra meme-coin scandal.
Promoters Hayden Davis and Ben Chow can access the funds again after meeting the court's requirements.
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Promoters Hayden Davis and Ben Chow can access the funds again after meeting the court's requirements.
Read more: ct.com
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π₯ Eric Trump: βThereβs no doubt Bitcoin will hit $1 million.β
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πΊπΈ NOW: A U.S. government wallet received 76.56 ETH from Coinbase, worth about $332,000, likely linked to the Uranium Finance exploit from April 2021.
In February 2025, authorities seized around $31 million in assets from the DeFi hack.
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In February 2025, authorities seized around $31 million in assets from the DeFi hack.
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π Here's the 24-hour news roundup!
πΊπΈ Elon Musk reportedly paused plans for launching his pro-Bitcoin "America Party," choosing to focus on his companies, per WSJ.
πΊπΈ ETF FLOWS: Roughly $523.3M in BTC and $422.2M in ETH were sold on Aug. 19.
π¨ Retail traders turned ultra-bearish after BTC slipped below $113K.
π₯ SoFi Technologies teams up with Lightspark to integrate Bitcoinβs Lightning Network and Universal Money Address, making it the first US bank to use Lightning for remittances.
π§π· Brazil will hold a public hearing on its proposed national Bitcoin reserve.
π¨π³ China could approve yuan-backed stablecoins later this month, Reuters reports.
π₯ Secretary Bessent expects the stablecoin market to reach $2T and become a major buyer of US Treasuries.
β‘οΈ The Bitcoin Fear & Greed Index has fallen to 44, signaling βfear,β after 56 yesterday and 73 last week.
π₯ The ETH/BTC ratio climbs to a 2025 high above 0.037 as spot Ethereum ETFs pull in $9.4B and treasuries now hold over 2% of ETHβs supply.
π₯ Goldman Sachs says the stablecoin market could grow into trillions of dollars.
π¨ Bitcoin demand has cooled, with inflows down to 59K BTC and ETFs at a four-month low.
π₯ Coinbase CEO Brian Armstrong says Bitcoin could reach $1 million by 2030.
πΊπΈ Fed minutes show most FOMC officials viewed inflation as a greater risk than labor-market concerns at the July meeting.
β‘οΈ A Manhattan federal judge has unfrozen $57.6 million in USDC tied to the Libra meme coin scandal.
πΊπΈ The Winklevoss twins donated 188 BTC worth $21M to a pro-Trump PAC ahead of the US midterms to back President Trumpβs crypto agenda.
π¨ Senator Cynthia Lummis says, βWe will have the crypto market-structure bill to the presidentβs desk before the end of the year.β
More here: ct.com
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πΊπΈ Elon Musk reportedly paused plans for launching his pro-Bitcoin "America Party," choosing to focus on his companies, per WSJ.
πΊπΈ ETF FLOWS: Roughly $523.3M in BTC and $422.2M in ETH were sold on Aug. 19.
π¨ Retail traders turned ultra-bearish after BTC slipped below $113K.
π₯ SoFi Technologies teams up with Lightspark to integrate Bitcoinβs Lightning Network and Universal Money Address, making it the first US bank to use Lightning for remittances.
π§π· Brazil will hold a public hearing on its proposed national Bitcoin reserve.
π¨π³ China could approve yuan-backed stablecoins later this month, Reuters reports.
π₯ Secretary Bessent expects the stablecoin market to reach $2T and become a major buyer of US Treasuries.
β‘οΈ The Bitcoin Fear & Greed Index has fallen to 44, signaling βfear,β after 56 yesterday and 73 last week.
π₯ The ETH/BTC ratio climbs to a 2025 high above 0.037 as spot Ethereum ETFs pull in $9.4B and treasuries now hold over 2% of ETHβs supply.
π₯ Goldman Sachs says the stablecoin market could grow into trillions of dollars.
π¨ Bitcoin demand has cooled, with inflows down to 59K BTC and ETFs at a four-month low.
π₯ Coinbase CEO Brian Armstrong says Bitcoin could reach $1 million by 2030.
πΊπΈ Fed minutes show most FOMC officials viewed inflation as a greater risk than labor-market concerns at the July meeting.
β‘οΈ A Manhattan federal judge has unfrozen $57.6 million in USDC tied to the Libra meme coin scandal.
πΊπΈ The Winklevoss twins donated 188 BTC worth $21M to a pro-Trump PAC ahead of the US midterms to back President Trumpβs crypto agenda.
π¨ Senator Cynthia Lummis says, βWe will have the crypto market-structure bill to the presidentβs desk before the end of the year.β
More here: ct.com
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π¨ BREAKING: TRM Labs launches Beacon Network, the first real-time crypto crime response network.
The platform partners with major exchangesβincluding Coinbase, Binance, and Krakenβto prevent illicit funds from being cashed out, as 2025 hits a record $2.3B stolen from the crypto ecosystem.
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The platform partners with major exchangesβincluding Coinbase, Binance, and Krakenβto prevent illicit funds from being cashed out, as 2025 hits a record $2.3B stolen from the crypto ecosystem.
Read more: ct.com
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