Spot Bitcoin ETFs drive $50B in inflows, but SEC rejections and upcoming US elections could shape future regulations. Trump’s pro-crypto stance may boost sentiment, while Harris’s policies remain unclear. Grayscale judgment pivotal for Bitcoin ETF approval.
Donald Trump’s new crypto project, World Liberty Financial, will be built on $AAVE and $ETH, featuring a governance token WLFI with transfer restrictions. Similarities with compromised Dough Finance raise security concerns.
Ethereum ETFs face early challenges as US-traded funds see $476M outflows and Grayscale’s ETHE loses $2.6B. However, BlackRock’s ETHA and Fidelity’s FETH gain $1B and $393M, respectively, signaling a resilient future for $ETH ETFs.
Telegram games introduce 50% of users to crypto, says Blum CEO Gleb Kostarev. Emphasizes education to retain and protect newcomers. DeFi adoption could grow but faces hurdles from Apple and Google policies.
Elon Musk’s xAI has launched Colossus, the world’s most powerful AI training system, using 100,000 Nvidia H100 GPUs. xAI plans to double this capacity soon. The system aims to enhance chatbot functionality by 2025.
BitGo partners with BiT Global to enhance security and expand in Asia. CEO Mike Belshe emphasizes transparency amid concerns over Justin Sun, critiquing Threshold’s proposal and Coinbase’s cbBTC. This move underscores the dynamic nature of the cryptocurrency industry.
Veteran trader Peter Brandt turns bearish on $BTC, citing a pattern of lower highs and lows. Crypto expert Ali Martinez warns of a potential 75.50% correction. Bitcoin wallet growth declines, contrasting with increases in Ethereum and Tether.
CF Benchmarks CEO Sui Chung says Solana ETFs are unlikely due to unmet SEC prerequisites and the absence of a regulated futures market. Despite this, $SOL enthusiasts remain hopeful for future ETF approval to boost market investment.
Hamster Kombat ($HMSTR) secures listing on Bybit, trading starts Sept 26, 2024. Speculation rises about potential Binance listing. KYC required for trading on OKX. These developments could increase $HMSTR’s market presence and value.
Polygon Productions teams up with TOKEN2049 to deliver an immersive audiovisual experience at AFTER 2049, featuring a 360° spatial sound system and synchronized lighting. Over 20,000 participants expected at iconic Singapore locations, including Marina Bay Sands.
US Fed expected to cut rates by 0.5%, shifting focus to job market health. $BTC and altcoins may rally as investor risk appetite grows. August saw 125K new jobs with 4.3% unemployment. Stay alert to further Fed announcements.
Hypernative secures $16M in Series A funding led by Quantstamp to enhance Web3 security. Their AI-driven solutions have saved clients over $100M and identified 99.5% of hacks. Plans include expanding global operations and workforce.
Potato Cat revolutionizes NFT trading on $SOL by eliminating bid/ask spread losses with a seamless swap marketplace and a proposal engine for fair deals. Users earn “Potatoes” rewards, and a memecoin launch is planned.
Nexo resumes UK user registrations post-FCA compliance, partnering with Gateway 21 to meet new promotion rules. Onboarding now features risk warnings and questionnaires. FCA issued 450 crypto ad violations warnings between Oct-Dec 2023. @Nexo @gateway21
