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Shiba Inu (SHIB) & Dogecoin (DOGE) Face Meme Extinction As Top Crypto ICO Pepe Dollar (PEPD) Draws SHIB & DOGE Whales😲

DOGE and SHIB are rallying on whale buys, ETF speculation, and burn-rate spikes, but face growing competition from utility-focused meme coin PEPD, which is drawing major investors from both.

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Bitcoin Highs Erode Within Hours Amid Profit-Taking and Cooling Sentiment πŸ“‰

Bitcoin briefly hit a record high near $124,089 before dropping below $117,500, wiping out over $227 million in leveraged longs. Analysts cite profit-taking and hotter-than-expected U.S. inflation data, which reduced Fed rate cut expectations and cooled market momentum.

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πŸ—½ Treasury Secretary Scott Bessent says the Treasury is exploring budget-neutral pathways to acquire more Bitcoin and make America the "Bitcoin superpower of the world."

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A user fell victim to an address poisoning attack and mistakenly sent 140 ETH, resulting in a loss of approximately $636,000‼️

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The whale that accumulated ETH in January and May this year liquidated its position during this round of price drop, realizing a profit of $19.64 million.πŸ”₯

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American Bitcoin, a cryptocurrency mining company affiliated with the Trump family, is seeking to acquire a listed company in Hong Kong or Japan to finance its Bitcoin treasury strategy.

According to the Financial Times, American Bitcoin, a cryptocurrency mining company backed by US President Donald Trump's eldest son, Donald Trump Jr., and second son, Eric Trump, is planning to acquire a listed company in Hong Kong or Japan.

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$4.6 billion worth of BTC and $1.3 billion worth of ETH options expired today, with the peak pain points at $118,000 and $4,000, respectively.

Greeks. Live analyst Adam released today's options delivery data:

39,000 BTC options expired with a Put-Call Ratio of 0.95, a peak pain point of $118,000, and a notional value of $4.6 billion.
280,000 ETH options expired with a Put-Call Ratio of 1.04, a peak pain point of $4,000, and a notional value of $1.3 billion.

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Block Proto team announces Rig: a highly durable modular bitcoin mining machine with easily replaceable hashboards, an open source software stack, and energy efficiency of up to 14.1 J/Th ⚑️

Massive disruption to the mining hardware landscape.

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πŸ‡ΈπŸ‡» El Salvador approves Investment Banking Law. A new legal framework will allow specialized investment banks to operate in the country, regulated, supervised, and focused on complex financing and digital assets like Bitcoin.

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Ethereum briefly dropped below $4,400, now trading at $4,413, with a 24-hour decrease of 4.3%.πŸ”Ή

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Bitcoin accumulation demand reaches its highest level ever πŸ’ͺ

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Bitcoin Falls Below $117K as β€œGhost Month” Spurs Caution ⚠️

Bitcoin dropped under $117,000 on August 14β€”its sharpest fall in a monthβ€”amid fears that the culturally significant β€œghost month” could trigger a deeper pullback, historically pushing prices toward $100K–$105K. Despite the drop, spot demand remains strong, with $3.88B in USDC flowing to exchanges and limited capitulation at 16,800 BTC sold at a loss. Key support is seen at $116K–$117K, but traders remain wary.

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πŸ¦… SEC Chair Paul Atkins: β€œProject Crypto” to Deliver Clarity and Certainty for Digital Assets

SEC Chair Paul Atkins has unveiled β€œProject Crypto,” an agency-wide initiative aimed at modernizing securities rules to accommodate digital assets and blockchain-based markets. Atkins emphasized that the SEC is β€œmobilizing” all of its divisions to provide clear regulatory guidelines on crypto custody, token classification, and tradingβ€”even without waiting for new legislation from Congress. His goal: to give market participants β€œcertainty and clarity” and accelerate America’s transition to becoming the global hub for crypto and on-chain finance.

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Fidelity FETH saw a net outflow of $272 millionβ˜„οΈ

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Trump-linked American Bitcoin seeks Asia acquisitions to boost BTC holdings

American Bitcoin is reportedly exploring acquisitions in Japan and Hong Kong to expand its Bitcoin stockpile.

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UAE travelers can book flights with Bitcoin, Ether, USDT and more via Emirates, Travala, and Air Arabia

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Trump formulated the "Corporate Loyalty List" and ranked 553 American companies and associations according to the support of the "Big and Beautiful" bill

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Digital Currency Group sues subsidiaries over $1.1B promissory note

The latest legal battle between Digital Currency Group and Genesis centered on a promissory note issued amid the collapse of Three Arrows Capital in 2022.

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