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Bitcoin onchain indicator signals $58.5K price near 'favorable' buy level

A CryptoQuant contributor has indicated that a slight decrease in Bitcoin's Puell Multiple index could present a 'favorable buying opportunity.'

80-year-olds making crypto withdrawals will ‘get a call,’ says crypto exec

Independent Reserve CEO Adrian Przelozny says the exchange has a team that spends all day calling potential scam victims to question their suspicious transactions.

Telegram CEO cannot leave France, OpenSea receives Wells notice, and more: Hodler’s Digest, Aug. 25 – 31

Telegram CEO Pavel Durov has been placed under judicial supervision after a court appearance, OpenSea receives Well Notice: Hodler’s Digest

Anthropic CEO says future of AI is a hive-mind with a corporate structure

Even artificial workers can’t escape the bureaucracy.

Physics for fintech: How quantum AI can make humans better crypto traders

Scientists are using quantum algorithms to uncover new insights into how our brains learn and apply information.

Telegram financial statement shows it holds $400 million in crypto 

The messaging app had about four million premium users at the end of 2023.  

Why is the SEC going after digital art and monkey pictures?

The SEC has targeted the largest NFT marketplace for unregistered securities trading, and the crypto community is outraged.

What the California AI ‘killswitch’ bill means for decentralized AI

The AI industry is split over new legislation in California that would implement a sort of emergency stop in AI systems.

Mpeppe investors say project stole their coins ahead of casino plans

Blockchain data shows that the project has not sent tokens to any investors.

Hong Kong accepts crypto license application past deadline

Hong Kong Digital Asset Xchange is the latest firm to apply for a license, having submitted its application on Aug. 27.

Vitalik Buterin denies selling Ether for profit

Ethereum co-founder Vitalik Buterin addresses allegations of profiting from ETH sales, emphasizing his long-term support for Web3 projects and charities.

Bankrupt Bitcoin miner Rhodium gets court approval for loan in BTC or USD

The company was authorized to choose between receiving a $30 million or a 500 Bitcoin loan from Galaxy Digital.

Bitcoin must reach a ‘higher high’ to confirm uptrend after dip below $58K

If Bitcoin is to maintain its longer-term uptrend, it must avoid breaking down below $56,000, according to a crypto analyst.

Coinbase sees its first crypto transaction between AI agents 

Coinbase CEO Brian Armstrong sees the transaction as an “important step to AIs getting useful work done.”

'Absolutely nuts' — Crypto community reacts to X suspension in Brazil

Some members of the crypto community believe this could trigger a domino effect, with other countries potentially following Brazil's lead.

Solutions without problems: How many Ethereum layer 2s are too many?

 Layer 2s are a short-term success story, but the long-term picture appears less rosy.

Bitcoin analysis warns BTC price risks 2023 rerun when stocks shed 10%

Bitcoin bulls may be in for a grim reminder of how the start of Q4 can be difficult for BTC price bullishness.

Five crypto market predictions that haven’t come true — yet

Crypto narratives sometimes promise a trip to the moon, but not all rockets make it, and markets tend to have a sloppy memory, often falling into the same traps.  

Why crypto miners are ditching debt for equity

Crypto miners are moving away from debt and embracing stock dilution to fuel their AI and HPC ambitions, but the payoff is still uncertain.

Scientific paper argues Bitcoin mining can reduce methane emissions

According to a United Nations report, Methane gas runoff is “80 times more harmful than CO2 for 20 years after it is released.”

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