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Double-Digit Gains From These 2 Altcoins, Bitcoin Struggles at $63K: Weekend Watch
Bitcoin’s price failed at $65,000 earlier this week, and the subsequent correction pushed it south to a 17-day low of $62,400 before it found some support and rebounded to $63,000. Most larger-cap alts are also in the red in the past 24 hours, led by more painful losses from HYPE, UNI, and AAVE. BTC Back…


CLARITY Act Faces Another Critical Weekend as Passage Odds Slide
The uncertainty around the highly anticipated regulatory bill continues with new negotiations in Washington. New ethics proposals and political disagreements threaten the legislation’s chances of becoming law this year. Prediction markets now assign a much lower probability of becoming law this year, around 31%-35%, down from the 70% peaks earlier this year. Highly Important Weekend…

Arthur Hayes Does It Again: Buys ETH High, Sells It Low
One of the most recognizable and well-known figures in the cryptocurrency space has displayed a somewhat controversial approach to his Ethereum investments over the past few months. The most recent data shared by Lookonchain doubled down on his sporadic approach, as he had realized another loss. The analytics resource informed that the former BitMEX CEO…


BTC Price Warning: 4 Reasons Bitcoin Could Drop Further Next Week
Bitcoin tried but failed at $65,000 on several occasions in the past week, and there are now multiple and different signals suggesting that another leg down is on the cards. From war escalation to ETF withdrawals, let’s dive in. Macro Factors Let’s start with the Wednesday developments on US soil when the central bank decided…

Four in a Row: Will XRP Buck Its Bearish August Streak?
The broader crypto market posted some much-needed gains in July, and Ripple’s cross-border token extended a very impressive streak that began in 2020. However, the new month is already here, and the past four Augusts weren’t very bullish for the asset. Can XRP defy its painful August performance, or is another leg down looming? 7…

Is Cardano (ADA) Finally Shifting From Sell-Off to Accumulation?
Cardano was up by 4% over the past 24 hours after a few choppy sessions earlier in the week. The crypto asset climbed from around $0.164 to above $0.17. The latest uptick has pushed its monthly gains to around 12%. Amidst improving price structure, new data suggests that ADA may be entering a different phase.…

Bitcoin And Ethereum Edge Higher As Traders Watch Altcoin Rotation
Bitcoin and Ethereum edged higher into July 31, while a small shift in market dominance suggested traders were again watching whether capital was rotating toward major altcoins. The validated notes show Bitcoin rising 0.29% to about $64,145.86, while Ethereum traded around the $1,890 to $1,920 range, briefly dipping below $1,900 before recovering. At the same…

Coldcard Bitcoin Thief Likely Used Top Blockchain Services Provider: Report
Bitcoin Magazine Coldcard Bitcoin Thief Likely Used Top Blockchain Services Provider: Report Since over $70 million in Bitcoin was stolen yesterday by an attack that exploited a fault in the Coldcard’s system, it has been reported that the thief used a top blockchain services provider for help. Writing on X Friday, engineer at payments company…

NEAR Adds Staking-Based Payments For AI Compute Credits
NEAR has launched a staking-based payment model for NEAR AI, giving users a way to lock NEAR tokens and receive monthly compute credits instead of paying through traditional cloud billing or credit-card rails. According to the validated notes, the system gives users access to 43 hosted AI models, including models from OpenAI, Anthropic, and Google.…

UNI Just Hit a 6-Month High as Uniswap Rolls Out New Token Discovery Tab
UNI rose 13% over the past 24 hours and reached $4.54 – a level not seen since January this year. The latest rally has lifted the asset’s gains over the past month to 60%. The move came as Uniswap announced Launches in beta, a new tab on its Web App for discovering top token offerings.…

How a Dubai Crypto Exchange and Online Gambling Helped Move $4 Billion for Iran
submitted by /u/UNITED24Media [link] [comments]

ENS Labs Scales Back Treasury Proposal After Delegate Pushback
ENS Labs has revised a governance proposal after delegate criticism over treasury control, choosing to keep the DAO’s primary operational wallet custody in place rather than moving broader control to the Foundation. According to the validated notes, the revised plan scraps the more contentious transfer of the DAO’s operational wallet, which includes ETH and stablecoins.…

Younger Democrats Understand Clarity Act And Bill Should Pass, Says Coinbase’s Chief Policy Officer
Bitcoin Magazine Younger Democrats Understand Clarity Act And Bill Should Pass, Says Coinbase’s Chief Policy Officer The Clarity Act will likely get through despite some — older — Democrats holding it back, according to Coinbase’s Chief Policy Officer, Faryar Shirzad. Speaking on The Hill’s morning Rising show Friday, Shirzad said that crypto was “maybe the…

Uniswap Fee Switch Activation Puts UNI Burn Mechanics Back In Focus
Uniswap governance has activated a protocol fee switch on v4 liquidity pools, pushing protocol revenue higher and directing collected fees toward UNI buy-and-burn mechanics rather than direct distributions to tokenholders. The validated notes point to Uniswap Governance Proposal 100 passing with about 46.6 million votes in favor and roughly 1.27 million opposed. The mechanism collects…

Hyperliquid (HYPE) Could Soar by 40% But Under This Condition: Details
Most leading cryptocurrencies have headed south over the past 24 hours, yet Hyperliquid’s HYPE is among the few to defy the latest red wave. While it has risen by a mere 1.5%, one analyst assumed it might be gearing up for a staggering 40% pump in the near future. The Necessary Condition Currently, HYPE trades…

CleanCore’s $800M AI Contract Shows Dogecoin Treasury Firms Are Changing Shape
CleanCore Solutions has signed a 10-year colocation agreement with Cerebras Systems valued at $800 million, and the story is not just that a small public company has moved into AI infrastructure. It is that a company previously known in crypto circles for its Dogecoin treasury has now made a much larger corporate pivot. According to…

Coinkite Releases Fixed Firmware After Coldcard Bug; AI Likely Involved In The Breach
Bitcoin Magazine Coinkite Releases Fixed Firmware After Coldcard Bug; AI Likely Involved In The Breach Over a thousand bitcoins are believed to have been stolen so far in a hack that started to be discussed on social media in the afternoon of July 30th. Coinkite, one of the most reputable hardware wallet manufacturers, was revealed…

Kansai Electric Rewards App Opens JPYC Stablecoin Conversion On Polygon
A rewards subsidiary of Kansai Electric Power has launched a loyalty-points conversion route into JPYC on Polygon, giving Japanese users a small but meaningful bridge between closed-loop reward points and on-chain stablecoin payments. The integration involves MOACT’s rewards app, NORM Points, JPYC, Polygon, and HashPort Wallet. According to the validated notes, users can convert loyalty…


Japan’s Bond-vs-Yen Dilemma Could Shake Bitcoin and Crypto: Analyst
Bitcoin’s reaction to the Bank of Japan’s latest policy decision may look calm on the surface, but one analyst believes a much bigger liquidity risk is building beneath global markets. His warning came after the BOJ left its benchmark interest rate unchanged at 1% on July 31. Japan’s Bond Market Dilemma Could Spill into Crypto…

Lite Strategy Funds $5.4M Buyback With Litecoin Sales And Covered Calls
Lite Strategy has repurchased 4.9 million shares for $5.4 million, using Litecoin treasury activity and covered-call premiums to fund the buyback. The company said the repurchase represented 13% of shares outstanding, with an average price of $1.11 per share. The validated notes show Lite Strategy holding 819,070 LTC against 31,882,648 shares outstanding after the transaction.…

US Closes in on Iran’s Strait of Hormuz Bitcoin Insurance Policy, Sanctions Companies
Bitcoin Magazine US Closes in on Iran’s Strait of Hormuz Bitcoin Insurance Policy, Sanctions Companies Iran has been dodging sanctions by accepting pay in Bitcoin from ships passing through the Strait of Hormuz, according to a Friday announcement from the U.S. Treasury’s Office of Foreign Assets Control. The OFAC sanctioned the companies tied to the…
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