🗞 Here's the 24-hour news roundup!
🇺🇸 Elon Musk reportedly paused plans for launching his pro-Bitcoin "America Party," choosing to focus on his companies, per WSJ.
🇺🇸 ETF FLOWS: Roughly $523.3M in BTC and $422.2M in ETH were sold on Aug. 19.
🚨 Retail traders turned ultra-bearish after BTC slipped below $113K.
🔥 SoFi Technologies teams up with Lightspark to integrate Bitcoin’s Lightning Network and Universal Money Address, making it the first US bank to use Lightning for remittances.
🇧🇷 Brazil will hold a public hearing on its proposed national Bitcoin reserve.
🇨🇳 China could approve yuan-backed stablecoins later this month, Reuters reports.
🔥 Secretary Bessent expects the stablecoin market to reach $2T and become a major buyer of US Treasuries.
⚡️ The Bitcoin Fear & Greed Index has fallen to 44, signaling “fear,” after 56 yesterday and 73 last week.
🔥 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 ETH’s supply.
🔥 Goldman Sachs says the stablecoin market could grow into trillions of dollars.
🚨 Bitcoin demand has cooled, with inflows down to 59K BTC and ETFs at a four-month low.
🔥 Coinbase CEO Brian Armstrong says Bitcoin could reach $1 million by 2030.
🇺🇸 Fed minutes show most FOMC officials viewed inflation as a greater risk than labor-market concerns at the July meeting.
⚡️ A Manhattan federal judge has unfrozen $57.6 million in USDC tied to the Libra meme coin scandal.
🇺🇸 The Winklevoss twins donated 188 BTC worth $21M to a pro-Trump PAC ahead of the US midterms to back President Trump’s crypto agenda.
🚨 Senator Cynthia Lummis says, “We will have the crypto market-structure bill to the president’s desk before the end of the year.”
More here: ct.com
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🇺🇸 Elon Musk reportedly paused plans for launching his pro-Bitcoin "America Party," choosing to focus on his companies, per WSJ.
🇺🇸 ETF FLOWS: Roughly $523.3M in BTC and $422.2M in ETH were sold on Aug. 19.
🚨 Retail traders turned ultra-bearish after BTC slipped below $113K.
🔥 SoFi Technologies teams up with Lightspark to integrate Bitcoin’s Lightning Network and Universal Money Address, making it the first US bank to use Lightning for remittances.
🇧🇷 Brazil will hold a public hearing on its proposed national Bitcoin reserve.
🇨🇳 China could approve yuan-backed stablecoins later this month, Reuters reports.
🔥 Secretary Bessent expects the stablecoin market to reach $2T and become a major buyer of US Treasuries.
⚡️ The Bitcoin Fear & Greed Index has fallen to 44, signaling “fear,” after 56 yesterday and 73 last week.
🔥 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 ETH’s supply.
🔥 Goldman Sachs says the stablecoin market could grow into trillions of dollars.
🚨 Bitcoin demand has cooled, with inflows down to 59K BTC and ETFs at a four-month low.
🔥 Coinbase CEO Brian Armstrong says Bitcoin could reach $1 million by 2030.
🇺🇸 Fed minutes show most FOMC officials viewed inflation as a greater risk than labor-market concerns at the July meeting.
⚡️ A Manhattan federal judge has unfrozen $57.6 million in USDC tied to the Libra meme coin scandal.
🇺🇸 The Winklevoss twins donated 188 BTC worth $21M to a pro-Trump PAC ahead of the US midterms to back President Trump’s crypto agenda.
🚨 Senator Cynthia Lummis says, “We will have the crypto market-structure bill to the president’s desk before the end of the year.”
More here: ct.com
News | Markets | YouTube
BitSnap
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🚨 BREAKING: TRM Labs launches Beacon Network, the first real-time crypto crime response network.
The platform partners with major exchanges—including Coinbase, Binance, and Kraken—to 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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The platform partners with major exchanges—including Coinbase, Binance, and Kraken—to 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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⚡️NEW: The Ethereum Foundation rolls out Phase 2 of the 'Trillion Dollar Security' initiative, focusing on wallet UX improvements.
It tackles wallet security, addresses blind signing issues, and builds vulnerability databases to curb smart contract exploits.
Read more: ct.com
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It tackles wallet security, addresses blind signing issues, and builds vulnerability databases to curb smart contract exploits.
Read more: ct.com
News | Markets | YouTube
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🔥 Bullish take: Coinbase founder says all asset classes will move on-chain.
Read more: ct.com
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Read more: ct.com
News | Markets | YouTube
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