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Crypto adoption crosses party lines amid Washington’s political deadlock

Support for crypto among United States politicians and voters appears to be crossing party lines with bipartisanship agreements.

FedNow showcases DLT-powered payments system as service provider

The Federal Reserve wrote that it does not support or endorse any showcase providers featured on its website.

13% of applications approved: British regulator discloses crypto registration stats

Since January 2020, almost three hundred crypto companies have applied for registration with the Financial Conduct Authority, 38 of which were approved.

BTC price breakout by end of August? 5 things to know in Bitcoin this week

Bitcoin stays frustratingly quiet after the weekly close, but BTC price forecasts are giving ever-shorter breakout deadlines.

Pro-Bitcoin Javier Milei wins most votes in Argentina primary election

Argentine presidential hopeful Javier Milei — a pro-Bitcoin, anti-central bank libertarian — has won a majority of the votes in a primary election.

Pro-Bitcoin Javier Milei wins most votes in Argentina primary election

Argentine presidential hopeful Javier Milei — a pro-Bitcoin, anti-central bank libertarian — has won a majority of the votes in a primary election.

Weekend Wrap: Uniswap dev sacked for alleged rug, Steadefi hacker goes mixing and more

Uniswap developer AzFlin has admitted to creating the FRENS token but has argued what he did doesn't constitute a rug pull.

Weekend Wrap: Uniswap dev sacked for alleged rug, Steadefi hacker goes mixing and more

Uniswap dev loses job, was it worth it?

A Uniswap developer known as “AzFlin” has been sacked by the founder of Uniswap Labs, Hayden Adams, for allegedly creating a memecoin and rug pulling it a few hours later for 14 wrapped-Ether (wETH), worth $25,800.

It is understood that AzFlin developed and deployed FrensTech token (FRENS) on Coinbase’s new layer 2 blockchain Base on Aug 12 before selling the tokens raised from the liquidity shortly after.

Adams publicly confirmed the sacking of AzFlin, adding that such behaviour is neither supported nor condoned at Uniswap Labs.

The developer has mocked the situation at hand with a series of light-hearted posts along with a new X (formerly Twitter) cover photo.

AzFlin is making fun of their new unemployment status. Source: X (formerly Twitter).

AzFlin, however, claims that no rug pull was committed.

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This scenario could spark Gary Gensler’s resignation: Former SEC official

John Reed Stark believes SEC chair Gary Gensler could throw in the towel, depending on a possible scenario to play out in 2024.

This scenario could spark Gary Gensler’s resignation: Former SEC official

John Reed Stark believes SEC chair Gary Gensler could throw in the towel, depending on a possible scenario to play out in 2024.

Zunami Protocol confirms stablecoin pools attacked, $2.1M loss estimated

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Decentralized finance protocol Zunami Protocol has confirmed it has encountered an attack on its "zStables" stablecoin pools.

Blockchain security firm PeckShield was one of the first to detect the possible exploit on Curve on August 13 at 10:47 UTC. Zunami then confirmed the attack about 20 minutes later.

Zunami said that collateral in the pools remain secure and that the issue is now under investigation.

It is currently believed a flash loan price manipulation attack has taken place, with Zunami USD and Zunami ETH pools impacted

Zunami Protocol confirms stablecoin pools attacked, $2.1M loss estimated

Blockchain security firm PeckShield estimates the protocol suffered more than $2.1 million from the price manipulation attack.

An ETF will bring a revolution for Bitcoin and other cryptocurrencies

A Bitcoin ETF is on the cusp of receiving approval in the United States — and it may not be long before we see one in Hong Kong or elsewhere in Asia.

Bitcoin’s sideways price action leads traders to focus on SHIB, UNI, MKR and XDC

Bitcoin (BTC) is on track to form two successive Doji candlestick patterns on the weekly charts but a positive sign is that the price is sustaining above the 20-week exponential moving average ($28,072). This suggests that the bulls have not lost their grip.

Popular trader TechDev used the three-week timeframe to show that Bitcoin’s compression above the 20-period moving average was approaching values seen only four times since Bitcoin’s creation. Interestingly, on all three previous occasions, the expansions happened to the upside, suggesting that history favors the bulls.

Crypto market data daily view. Source: Coin360

However, in the near term, the lack of volatility has pulled Bitcoin futures trading volumes to their lowest levels since December 2022. Cointelegraph contributor Marcel Pechman believes this shows that traders may have shifted to other markets or maybe avoiding making moves at the current levels.

While several altcoins are looking to Bitcoin for direction, some have outperformed in the near term. Let’s study the charts of the top-5 cryptocurrencies that are looking positive over the next few days.

Bitcoin price analysis

Bitcoin has been trading near the 20-day EMA ($29,447) for the past two days, signaling indecision between the bulls and the bears.

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Bitcoin’s sideways price action leads traders to focus on SHIB, UNI, MKR and XDC

SHIB, UNI, MKR and XDC show signs of strength even as Bitcoin price remains stuck inside a narrow range.

Voyager's token transfer to Coinbase grows selloff suspicions

The motive behind these transactions has triggered more speculation within the larger crypto community.

Coinbase gains legal support as scholars file amicus brief

In their filing, the legal practitioners advocated for the Court to steadfastly adhere to the established definition of the term 'investment contract' when interpreting its scope.

Coinbase gains legal support as scholars file amicus brief

In their filing, the legal practitioners advocated for the Court to steadfastly adhere to the established definition of the term 'investment contract' when interpreting its scope.

Bitcoin centralized by corporate giants should not be feared – Michael Saylor

During a recent podcast interview, Michael Saylor explained that Bitcoin being bought and centralized by corporations should not be feared. He outlined three main reasons driving the need for custodians.

Using courts for every crypto issuance will squash innovation: Grayscale CEO

Grayscale CEO Michael Sonnenshein emphasized the need for a balanced regulatory approach to cryptocurrency to avoid hindering innovation in the United States.

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