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Solana to $1K seems unlikely, but network fundamentals forecast $190 SOL

Analysts forecast $300 to $1,000 SOL, but network data suggests that a rally to $190 is a more realistic expectation.

$1.6B port investment could revive El Salvador’s Bitcoin City plans

The Turkish Yilport Holdings made the largest-ever private investment in El Salvador and will develop the port at the proposed site of Bitcoin City.

Canada needs to overhaul crypto regulations — Coinbase exec

The Canadian government has previously come under fire for undermining the economic freedom of its citizens and freezing crypto donations.

FBI will ‘neither confirm nor deny’ the existence of Satoshi records

An investigative journalist reported that the FBI issued a standard “Glomar response” to a request for information on Satoshi Nakamoto but with an “interesting assertion.“

Coinbase expands crypto services to Hawaii

Hawaii residents can gain access to the Coinbase platform, including crypto staking options, following recent regulatory changes.

DeFi and Ethereum are the ‘new narrative’: Michaël van de Poppe, X Hall of Flame

Ethereum and DeFi will “both surge in the coming months” according to analyst Michaël van de Poppe: X Hall of Flame

Hive Digital sales up 36% as Bitcoin miner forays into AI compute

Hive's new high-performance computing platform clocked around $2.6 million in sales in the second quarter of 2024.

Bitcoin buyers wait below $58K as Japan wipes out record stocks crash

Bitcoin appears in no mood to celebrate despite Japanese stocks fully recovering from a historic drop.

Kamala Harris may continue the Biden administration’s crypto crackdown

Harris is preparing to unveil plans about her economic policy in a mid-August speech. 

Blockchain-based elections a real option with zero-knowledge tech

New developments make voting with decentralized tech a more realizable goal.

Bitget Wallet overtakes MetaMask by downloads — CryptoRank

Formerly known as BitKeep, the Bitget Wallet was acquired by the Bitget exchange for $30 million in 2023. 

Grayscale launches investment fund for MakerDAO token

Grayscale also launched funds for protocols Bittensor and Sui in August.

Bitcoin at ‘perfect’ macro setup, but dip below $58K risks $500M in liquidations

Bitcoin could gain significant traction from the growing M2 money supply, but a correction below $58,000 is still on the table before more upside.

Mt. Gox’s suspected Bitgo $2.1B BTC wallet activates

A test transaction from a dormant Mt. Gox wallet triggers speculation of Bitgo’s role in the ongoing Bitcoin distribution to creditors.

Pump.fun hits record $28.7 million monthly agreement income for July

The memecoin creation platform's record monthly income showcases the growing retail interest towards Solana-based memecoins like WIF and BONK.

Curve Finance reduces CRV emissions, boosting DAO sustainability

Curve Finance’s CRV token emissions reduced to 162.7 million annually, while Curve DAO earnings surpass emissions for the first time.

Solana whale continues $84M dump with $2.8M sale

The Solana whale employed a dollar-cost averaging strategy, gradually selling tokens over time rather than making a single, large transaction.

New York regulator hunts crypto and AI specialist for policy unit

The NYDFS is recruiting a policy specialist to address key crypto, DeFi and AI issues within financial services.

Ethereum ICO whale deposits 48.5K ETH at 1,024,416% profit

The Ethereum whale deposited 48,500 ETH to a cryptocurrency exchange in just over four weeks, during which Ether’s market cap shed approximately $80 billion.

3AC liquidators file $1.3B claim against Terraform Labs

3AC liquidators alleged that Terraform Labs misled the Singaporean hedge fund about the stability of tokens in the Terra ecosystem.

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