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WisdomTree withdraws its Ethereum Trust S-1 registration filing

WisdomTree has requested to withdraw its Ethereum Trust registration filing with the SEC while asking to apply the fees as a credit for "future use."

Bitcoin traders brace for sub $52K BTC price as crypto and macroeconomic headwinds intensify 

Bitcoin traders appear to be throwing in the towel and coming to terms with the reality that BTC price could fall below $50,000 in the short term.

New Android malware steals private keys from screenshots and images

According to a recent FBI warning, North Korean hackers are "aggressively targeting" the crypto industry with “well-disguised” attacks.

Crypto Biz: US regulators crack down on Uniswap

This week’s Crypto Biz explores several regulatory developments targeting crypto firms, including charges against Uniswap, a delay in a decision on an eco Bitcoin ETF, and a potential challenge to FTX’s repayment plan.

Coinbase secures partial victory over SEC in motion to compel discovery

Paul Grewal, Coinbase’s chief legal officer, said the SEC would be compelled to produce “important discovery” in its civil case after a judge’s order.

VanEck to shutter Ethereum futures ETF

Spot Ethereum ETFs are stealing the show and killing demand for futures-based crypto ETFs.

Atari founder’s new firm partners with Skale Labs for gasless blockchain gaming

According to Web3 gaming firm Moxy, the deal will save the company around $3.5 million in gas fees annually.

New Synthetix app chain aims for cross-chain liquidity for SNX staking, perps

Competition is mounting among DeFi derivatives protocols after Synthetix launched on Arbitrum in July.

Uniswap settles CFTC charges, Polygon’s new ‘hyperproductive’ POL token: Finance Redefined

The CFTC’s director warned that other DeFi ecosystems may also be fined for offering illegal trading services, while Polygon’s native token executed a key technical upgrade.

Crypto PACs spend $14M targeting crucial US Senate and House races

With most state primaries for the US House and Senate completed, the Fairshake PAC and its affiliates are supporting candidates in the November election.

US companies forecast to buy $10.3B in Bitcoin over next 18 months — Report

The report claimed, a cash treasury “supplemented with a 3% allocation to Bitcoin” would have shielded companies from inflation since 2020.

One week later: X’s future in Brazil on the line as Supreme Court reviews ban

With Lula supporting Moraes and the Bar Association challenging the decision, Brazil’s Supreme Court must decide X’s fate amid free speech concerns.

Vitalik says ‘at present’ his donations yield better gains than investments

The commentary came as the Ethereum co-founder denies allegations that he’s cashing out crypto for profit.

Price analysis 9/6: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB 

Bitcoin bears have pulled the price below the support of the range, starting a potential downtrend toward $49,000. 

Durov announces disabling personal geolocation on Telegram

Telegram’s “People Nearby” feature has been suspected of being a way for state authorities to locate and track dissidents.

Advocates call for crypto to be discussed at US presidential debate

The Chamber of Progress cited Donald Trump “revers[ing] his previous position on cryptocurrency” and a lack of clarity from Kamala Harris’ campaign.

Crypto market enters ‘extreme fear’ as analysts warn of Bitcoin below $50K

Market analyst concerns over a correction below $50,000 are mounting, as crypto market sentiment returns to early August lows.

Bitcoin price dips to new 1-month low after $57K US jobs data 'fakeout'

Bitcoin fools traders up and down as BTC price volatility accompanies the week's final US employment data release.

Celebrities boost crypto projects but don’t guarantee legitimacy

In some cases, celebrity backing for a crypto project is a red flag because it’s a scam ad made by criminals. 

India reconsiders foreign crypto exchange registrations: Report

India’s Financial Intelligence Unit is studying registration requests from four overseas crypto exchanges that were earlier banned for noncompliance with the country’s AML laws.

Bitcoin set for sub $50K correction in September — Analysts

Declining trading volumes and slowing ETF inflows could set the stage for a correction below $50,000 before a rally to new highs.

Japan’s major banks back new stablecoin project for global trade

Project Pax, backed by Japan’s top banks, seeks to streamline cross-border transactions using stablecoins, addressing inefficiencies identified by the G20.

Libre launches Brevan Howard, BlackRock, Hamilton Lane funds on Aptos

After Solana and Near, Libre protocol is deploying its pool of tokenized funds on the Aptos blockchain. 

Watch these 3 BTC price levels if Bitcoin breaks below $55K

Bitcoin’s recent drop to $55,250 reclaimed an untouched demand zone from August, which may push prices for an immediate swing high at $58,000. 

Arthur Hayes sees sub-$50K BTC price as Bitcoin risks 'stark' trend shift

BTC price targets are increasingly looking for a rematch with last month's lows as Bitcoin chartists highlight formidable resistance levels.

Crypto venture capital funding surges to $633M in August rebound

Crypto VC funding rose 15% from July, with growing investor interest in blockchain infrastructure development.

Ripple co-founder signs letter endorsing Harris for president

Previously, another former Ripple board member, Gene Sperling, left the White House to join Kamala Harris’ 2024 presidential campaign.

Rare Ape CryptoPunk sells for $1.5M amid market downturn

CryptoPunk #6915, one of only 24 Apes, saw offers earlier this year of over $6 million, marking a 78% drop in value.

Riot Platforms’ Bitcoin holdings cross 10K BTC, production drops

Riot Platforms reports a drop in Bitcoin production for August 2024 but stays bullish with expansion plans to increase its mining capacity and optimize energy costs.

X complies with EU data laws, stops AI chatbot data collection

X has resolved its legal battle with the European Data Protection Commission by agreeing to halt AI data collection practices and erase user data.

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