โก๏ธ NEW: The Solana Policy Institute has donated $500K to back the legal defense funds for Tornado Cash developers Roman Storm and Alexey Pertsev.
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๐จ BREAKING: Lightning Labs CEO Ryan Gentry files for a $200M SPAC called Bitcoin Infrastructure Acquisition Corp, targeting digital financial infrastructure players, with board members from DeFi Dev Corp and Nakamoto (Kindly).
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๐บ๐ธ ETF FLOWS: On Aug. 28, roughly $178.9M in BTC and $39.1M in ETH were bought.
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๐จ TODAY: Bitcoin miner IREN climbs 14% in after-hours trading after posting a record Q2: revenue of $187.3M and net income of $176.9M, underpinned by growth in its BTC mining segment and a push into AI.
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๐จ ALERT: If ETH hits $5,000, more than $5B of short positions could be liquidated.
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๐ฅ Eric Trump: I have no doubt that $BTC will hit a million and go much higher.
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๐ ALERT: An ETH ICO participant held onto 0.01 ETH for a decade, turning a $49 stake into about $694K โ a 14,177x return.
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๐จ BREAKING: BlackRock's $ETH ETF has accumulated about $968 million in net inflows this week. Read more: ct.com. News | Markets | YouTube
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๐บ๐ธ Just in: US core PCE price index rose 2.9% year-over-year in July, in line with expectations and up from 2.8% in June.
Month-over-month, it clocked in at 0.3%, matching forecasts and unchanged from June.
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Month-over-month, it clocked in at 0.3%, matching forecasts and unchanged from June.
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๐ฅ Big news: The Strategic Solana Reserve now holds 8.7 million $SOL, worth about $1.8 billion.
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โก๏ธToday: Justin Sun announces a 60% reduction in TRON network fees โ the largest cut since its launch.
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๐จ Heads up: roughly $14 billion in Bitcoin shorts could be liquidated if the price moves up to around $120,000. Read more: ct.com. News | Markets | YouTube
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๐จ Fresh take: CZ says the biggest mistake in crypto is selling the dip. Read more: ct.com. News | Markets | YouTube
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โก๏ธ BULLISH: Bitwise projects Bitcoin could reach $1.3M by 2035, with an upside near $3M and a downside around $88K.
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๐ฅ BULLISH: Tom Lee says Wall Street plans to base its core infrastructure on $ETH, calling it the backbone of global finance.
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๐จ BREAKING: House of Doge approves a $200M Treasury in $DOGE, to be chaired by Musk's lawyer, Alex Spiro.
Musk's involvement remains unclear.
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Musk's involvement remains unclear.
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โก THROWBACK: In 2019, Marc Cuban said bananas were more useful than $BTC. Today, he believes $BTC is a better version of gold.
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๐ฅ INSIGHT: Before the dip, Bitcoin closed above $110,000 for 52 consecutive days.
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๐ธ๐ป NEW: El Salvador is distributing its Bitcoin holdings across several wallets to guard against the threat of quantum computing.
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๐จ BREAKING: A whale pulled $81 million worth of ETH from OKX in the last 24 hours.
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โก INSIGHT: XRP analysts still expect XRP to hit $20, even as the distribution phase plays out.
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