โก๏ธNEW: Tom Lee argues that Ethereum is where Wall Street and AI intersect.
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๐บ๐ธ Today: The OCC says community banks can partner with stablecoin companies to spark innovation and roll out new products.
Comptroller Jonathan Gould notes that stablecoins open up new ways for these banks to meet their communitiesโ payment needs, even as the regulator updates its supervisory framework.
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Comptroller Jonathan Gould notes that stablecoins open up new ways for these banks to meet their communitiesโ payment needs, even as the regulator updates its supervisory framework.
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๐จ BREAKING: Goldman Sachs now expects the Fed to cut interest rates three times before year-end, as the U.S. job market softens.
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๐จ UPDATE: In just one hour, more than $83,000,000 was liquidated, with $81.53M coming from long positions.
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๐บ๐ธ ETF FLOWS: Roughly $121.7 million worth of BTC and $196.6 million worth of ETH were sold on Aug. 18.
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๐จ Update: roughly 910,461 ETH, worth about $3.9B, is currently stuck in Ethereumโs exit queue.
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๐ฅ BREAKING: Google raises its stake in Bitcoin miner TeraWulf to 14%, making it the companyโs largest shareholder.
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๐บ๐ธ NEW: Illinois governor signs two bills to shield crypto consumers, blasting Trump's "crypto bros" for shaping federal policy.
The measures establish regulatory oversight of digital asset exchanges, set cybersecurity standards, and introduce anti-fraud protections.
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The measures establish regulatory oversight of digital asset exchanges, set cybersecurity standards, and introduce anti-fraud protections.
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๐ฐ๐ท TODAY: South Korea's Financial Services Commission has issued administrative guidance directing crypto exchanges to pause any new lending activities until clear guidelines are in place.
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๐จ UPDATE: BlackRock's spot Ethereum ETF sold 19,500 ETH, worth $87.2 million, on August 18.
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๐ฅ BULLISH: Japan's 3D-printed housing firm Lib Work Co. says it will adopt Bitcoin as part of its corporate treasury, planning to buy about $3.3 million worth of BTC as a hedge against inflation.
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โก๏ธ UPDATE: Polymarket users are predicting a 71% chance the Fed will cut rates by 25 basis points in September.
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๐ฅ DONALD TRUMP JR.: โCrypto will shape the future of finance.โ
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๐จ BREAKING: Tether taps Bo Hines, former White House Crypto Council executive, as Strategic Advisor for digital assets.
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๐ฅ BULLISH UPDATE: SharpLink acquired 143,593 $ETH at ~$4,648, lifting its total holdings to 740,760 $ETH.
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๐บ๐ธ Just in: Robinhood now lists the $SUI token for trading in the U.S.
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๐ฅ BULLISH: KindlyMD has acquired 5,744 BTC, valued at about $679M, through its Nakamoto subsidiary, bringing total holdings to 5,765 BTC.
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๐บ๐ธ JUST IN: Donald Trump is set to sit down for an interview with FOX today at 8:00 AM.
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๐ฅ UPDATE: Cardone Capital adds 130 $BTC in the Miami River refinance, marking its fourth real estate deal tied to Bitcoin.
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๐ฅ LATEST: Public companies and investment funds now own more than 2% of Ethereum's total supply.
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โก UPDATE: Paul Atkins will discuss Project Crypto at SALTโs Wyoming Blockchain Symposium today.
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