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⚠️18 US states sue the SEC, alleging unconstitutional overreach and unfair persecution of the crypto industry under Gary Gensler.

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πŸ‘€ Trump nominates Congressman Matt Gaetz, a known Bitcoin supporter, for Attorney General. Gaetz proposed a bill in June requiring the IRS to accept Bitcoin payments.

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πŸ’Έ Bitcoin spot ETFs saw $400M in outflows yesterday, while Ethereum ETFs remained flat.

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πŸ” Marathon Digital’s quarterly Bitcoin balance change: +13,031 BTC over the year.

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πŸ“‘ Pennsylvania proposes investing $700M from state funds into Bitcoin β€” the bill suggests allocating up to 10% of government reserves.

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πŸ“± ARK Invest CEO Cathie Wood predicts Bitcoin will reach $1.5 million by 2030.

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πŸ”” Bitwise files with NYSE Arca to list the Bitwise 10 Crypto Index Fund (BITW), aiming to launch the world's first and largest crypto index fund.

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🧠 Elon Musk rejected Sam Altman's 2018 proposal for OpenAI to launch a cryptocurrency, court filing reveals.

"It would simply result in a massive loss of credibility for OpenAI and everyone associated with the ICO," Musk said.


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πŸ“Š Grayscale boosts NEAR allocation in its Decentralized AI Fund by 2%.

NEAR now makes up 31.2% of the fund. Insider knowledge? 🀨

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⚑️ Donald Trump officially appoints renowned investor and crypto advocate Grant Cardone as head of the Department of Wealth Education.

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❌ Elon Musk rejected Sam Altman’s 2018 proposal for OpenAI to launch its own cryptocurrency, according to court documents.

Musk reportedly said:
β€œThis will only result in a massive loss of trust in OpenAI and everyone involved in the ICO.”


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↗️ $XRP surged nearly 20%

The market seems to be betting on Gary Gensler’s exit and a potential resolution of the SEC vs. Ripple case.

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πŸ“Š Bitcoin ETFs Advance

The SEC has approved the eco-focused 7RCC Bitcoin ETF for listing on NYSE Arca, with 80% in Bitcoin and 20% in Carbon Credit Futures. This aligns with recent CFTC support for spot Bitcoin options trading.

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πŸ”’ Giggle Academy Hacked Amid $800M Crypto Phishing Crisis

A breach on Giggle Academy’s X account spread phishing links and fake CEO announcements. This highlights the $800M crypto phishing losses in 2024, fueled by advanced tactics like wallet draining and address poisoning.

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πŸ‘€ Bitcoin’s NVT golden cross indicates that the recent surge past $93,000 may be a stepping stone toward $100,000, rather than the cycle’s peak.

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