Which country will designate Bitcoin as legal tender next? 👇🏻👇🏻👇🏻

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⚡ UPDATE: Elon Musk’s X Corp and former Twitter staff have struck a tentative deal to settle a $500M severance lawsuit.

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🇺🇸 Just in: CFTC Acting Chairman Pham unveils the next crypto sprint aimed at implementing the Trump administration’s crypto recommendations.

“We’re going to win on crypto.”

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🇺🇸 Today: The Pennsylvania House unveils a bill to prohibit public officials from trading Bitcoin and other cryptocurrencies while in office.

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🚨 Update: About $13.8 billion in Bitcoin options are set to expire on Aug. 29, and their outcome could decide whether Bitcoin’s 9.7% correction marks the end of the current bull run or just a temporary pause.

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⚡️New from JPMorgan: four factors behind ETH's outperformance over BTC in recent weeks.

The analysts point to four drivers: expected spot ETH ETF staking approvals, corporate treasury adoption of ETH, clearer SEC guidance on liquid staking, and in-kind ETF redemptions.

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🚨 Breaking: Invesco Galaxy has filed an amended S-1 with the SEC for its Solana ETF.

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🔥 LATEST: State Street, with $5.1 trillion under management, joins JPMorgan's tokenized debt platform as its first external custodian, enabling it to hold blockchain-based debt securities on behalf of investors.

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🚨 UPDATE: Ye’s $YZY token has fallen by more than 70% in the first 24 hours after its launch.

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🗞 Catch up on the latest news from the past 24 hours!

🚨 Rapper Ye just launched his own token, $YZY, with a market cap briefly topping $3B per Nansen data.

🚨 Kraken and Backed expand xStocks to the TRON blockchain, enabling TRC-20 tokenized US stocks.

🚨 TRM Labs launches Beacon Network, the first real-time crypto crime response network.

🇺🇸 ETF FLOWS: About $315.9M in BTC and $240.2M in ETH were sold on Aug. 20.

⚡️ Ethereum Foundation’s "Trillion Dollar Security" rolls out Phase 2, focusing on wallet UX improvements.

🔥 Justin Sun says the Tron community will adjust network fees as TRX price and transaction costs rise to stay competitive.

🔥 Gemini secures MiCA license from MFSA.

🇺🇸🇪🇺 US and EU issue a joint trade deal statement.

⚡️ MetaMask unveils the first native stablecoin, $mUSD.

🔥 Bank of America says stablecoin demand for Treasuries could rise by $25B–$75B.

🇰🇷 Tether and Circle execs to meet South Korea’s largest banks this week, per Yonhap.

🚨 Verb Technology (soon to be Ton Strategy Company) announced $780M in treasury assets, including $713M in Toncoin, as part of its TON accumulation strategy.

🚨 Onchain sleuth Dethective links the $YZY sniper wallet to LIBRA insiders. Nearly $23M moved across both launches.

🔥 DOJ’s Matt Galeotti said new 1960(b)(1)(C) charges will not apply to “truly decentralized, peer-to-peer software” without third-party custody.

🇺🇸 CFTC Acting Chairman Pham announces the next crypto sprint initiative to implement the Trump administration's crypto recommendations.

🇺🇸 Pennsylvania House introduces a new bill to ban public officials from trading Bitcoin and crypto while in office.

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🔥 Bullish: UBS, the Swiss investment bank, says overseas Chinese family offices are allocating roughly 5% of their portfolios to crypto.

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🇯🇵 Breaking: Ripple and Japan's SBI Holdings—through its subsidiary SBI VC Trade—announce a partnership to distribute the RLUSD stablecoin in Japan in Q1 2026.

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🚨 Breaking: Japan's SBI Holdings has joined forces with Startale Group to develop a full on-chain trading platform for crypto, tokenized stocks, and RWAs.

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🚨 UPDATE: BlackRock's spot Ethereum ETF bought 53,890 ETH, worth $233.6 million, on Aug. 21.

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🇪🇺 BREAKING: The EU is fast-tracking its digital euro project, weighing a rollout on public chains like Ethereum or Solana instead of private networks, according to the Financial Times.

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🇺🇸 ETF FLOWS: On Aug. 21, roughly $194.4M of BTC were sold and $287.6M of ETH were bought.

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⚡️ NEW: Meta inks a $10B deal with Google to ramp up its cloud infrastructure for AI, Bloomberg reports.

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🇺🇸 Today at 10:00 A.M. ET, Fed Chair Powell will speak at the Jackson Hole Economic Symposium.

Could a rate cut be on the table?

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🇯🇵 NEW: Eric Trump is set to head to Tokyo in September for Metaplanet's shareholder meeting, part of his cryptocurrency push, Bloomberg reports.

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🔥 LATEST: BlackRock has become the largest known Bitcoin custodian, overtaking exchanges, according to CryptoQuant.

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🚨 Today’s update: 75,451 traders were liquidated in the last 24 hours, wiping out $215.78M.

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