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Solana price hits a wall at $150 as several headwinds intensify

SOL price struggles to gain upward traction as DApp volumes plunge, spot ETF odds dwindle, and memecoins fail to rally.

Wyoming mayoral candidate wants to run capital city with AI bot

Victor Miller entered the race and now uses a nickname to distinguish himself from the “Virtual Integrated Citizen, The Official Robot” he says is on the ballot.

Bitcoin short-term holders ‘over-reaction’ a factor in BTC’s drop below $50K — Glassnode

Glassnode says short-term holders have “carried the brunt” of losses from Bitcoin’s recent drop below $50,000.

German BaFin regulator cracks down on crypto ATMs

According to Coin ATM Radar, there are currently 38,725 crypto ATMs worldwide, with a vast majority located inside the United States.

Authors file copyright lawsuit against Anthropic for AI model training

The latest in a series of cases concerning copyright and AI looks at the sources Anthropic used to train its Claude large language models.

Bitcoin demand sharply declining since April — CryptoQuant

The slowdown in Bitcoin demand can be attributed to a sharp decline in purchases in the United States.

Private transactions now dominate Ethereum order flow: Report

Private orders consume more than 50% of gas used on Ethereum, according to Blocknative.

Donald Trump floats making Elon Musk a Cabinet member

After a public endorsement from the Tesla CEO and an X Spaces discussion, Donald Trump said he would consider placing Elon Musk in a Cabinet position in 2025.

Bitcoin whales now add just 1% to their BTC holdings per month

Bitcoin large-volume investors have slowed their BTC accumulation to a crawl versus the run-up to all-time highs earlier this year.

Beat crypto airdrop bots, Illuvium’s new features coming, PGA Tour Rise: Web3 Gamer

Illuvium founder asks: Where are all the new Web3 Games? NFT allowlist to eliminate gaming bots, official PGA golf tour game. Web3 Gamer.

Nigerian SEC to issue crypto platform licenses as market size grows: Report

In June, the SEC updated its regulations to better oversee cryptocurrency platforms and exchanges and improve monitoring of digital asset trading.

Bitcoin mining expenses surge 168% amid capacity growth

BitFuFu expands its mining capacity by over 60% despite a dramatic rise in Bitcoin mining costs post-halving.

Binance’s return to India comes with $86M tax demand

While Indian AML agencies have given Binance the green light to resume operations, authorities are still seeking $86 million in tax liabilities from the firm.

Base hits 4M active addresses amid ‘Onchain Summer’ campaign

Base said it had allotted 600 ETH, worth $2 million, for developers who would build on the blockchain from June to August this year. 

Ledn secures industry-first $50M Bitcoin-backed syndicated loan

Ledn’s groundbreaking $50 million Bitcoin-backed loan, syndicated by Sygnum, is set to transform retail lending and institutional crypto finance.

Starknet set for first mainnet staking vote: What STRK holders need to know

Starknet’s inaugural staking vote introduces mechanisms for minting and parameter adjustments, paving the way for staking by October 2024.

Linea receives first contributor for open-source L2 rollup

Status partners with Linea, marking the beginning of a significant contribution to Linea’s zkEVM-powered L2 rollup as part of a broader decentralization effort.

State Street reveals digital asset platform for institutional clients

The firm revealed it has “$44.3 trillion in assets under custody and/or administration and $4.4 trillion in assets under management.”

Adobe rival Procreate bets against gen AI to support human creativity

In stark contrast to mainstream competitors, Procreate has said it would not use generative AI features in its products to protect artists.

Bitcoin seen following stocks as BTC price gains 2.5% to attack $61K

Bitcoin stands to gain from increasingly risk-on macro sentiment, but can it shift a stubborn BTC price range?

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