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Coinbase just announced that its protocol security team will offer free security reviews to a select cohort of apps and protocols building on the Base chain, which is currently in beta. The initiative is coming shortly after Arbitrum announced a similar campaign that saw the Arbitrum Foundation allocate $14 million in ARB tokens to subsidize […] Source: cryptopolitan.com (Read Full Article)
Bitcoin holders' unrealized profit has reached a new peak of $1.41 trillion
Bitcoin investors now have $1.41 trillion in unrealized profit, according to Glassnode. The on-chain analytics platform disclosed this, noting that it is an all-time high in unrealized gains. According to Glassnode, this is the highest paper gains for Bitcoin investors, surpassing the $1.3 trillion in November 2024. Based on this milestone, analysts believe there could […] Source: cryptopolitan.com (Read Full Article)
Coinbase follows Arbitrum’s playbook to offer free security reviews to Base builders
Coinbase just announced that its protocol security team will offer free security reviews to a select cohort of apps and protocols building on the Base chain, which is currently in beta. The initiative is coming shortly after Arbitrum announced a similar campaign that saw the Arbitrum Foundation allocate $14 million in ARB tokens to subsidize […] Source: cryptopolitan.com (Read Full Article)
Cboe, NYSE Arca move to streamline crypto ETF listings with SEC rule change request
Proposed filings aim to eliminate the need for individual ETF approvals and come a day after the SEC greenlit in-kind transactions for crypto funds. Source: cointelegraph.com (Read Full Article)
Cboe, NYSE Arca move to streamline crypto ETF listings with SEC rule change request
Proposed filings aim to eliminate the need for individual ETF approvals and come a day after the SEC greenlit in-kind transactions for crypto funds. Source: cointelegraph.com (Read Full Article)
Stocks and crypto slides following Fed rate decision today
Stocks reversed sharply on Wednesday after Jerome Powell said the Federal Reserve has made “no decisions” on a rate cut for September, ending weeks of speculation across Wall Street and crypto markets. The statement came during a press conference following the Fed’s latest policy meeting and immediately triggered losses across major indexes and crypto assets. […] Source: cryptopolitan.com (Read Full Article)
SOL, ETH Dominate Crypto Conversations Across Platforms: TRX, XLM Follow Suit
Solana and Ethereum dominate social media discussions, primarily driven by institutional interest, DeFi activity, regulatory updates, wallet scams, and major anniversaries. Source: cryptopotato.com (Read Full Article)
Shiba Inu (SHIB) Price Prediction: Price Rises 20%, Is Mutuum Finance (MUTM) the Next Crypto to Explode?
Shiba Inu (SHIB) is making headlines with a surprising 20% price jump, reigniting investor discussions about meme coin momentum. Yet, as traders chase the next big move, attention is rapidly turning toward Mutuum Finance (MUTM), a rising DeFi coin positioning itself as a potential breakout star. The token has surpassed the $13.7 million milestone during […] Source: partner.cryptopolitan.com (Read Full Article)
Russia orders data centers report on miners using their services
Russian data centers and hosting providers have been obliged to share all relevant information about crypto miners using their services with the state tax authority. The new order from the revenue agency comes as the Russian government prepares to limit the use of computing power and electrical energy in the minting of digital currencies. Mining […] Source: cryptopolitan.com (Read Full Article)
Bitcoin Drops Below $118.5K as Fed Decision and Tariff Fears Shake Crypto Market
Bitcoin faced renewed selling pressure on Wednesday, falling 0.45% to $118,446.5 as traders braced for pivotal macroeconomic events. Related Reading: Bitcoin Heat Macro Phase Signals Market Sits Between Accumulation And Distribution This drop comes amid heightened caution ahead of the Federal Reserve’s July policy meeting and the looming implementation of steep U.S. tariffs on August 1. Despite a strong July performance, the flagship cryptocurrency remains under pressure due to profit-taking and broader market uncertainty. The decline follows a stretch of consolidation near the $120,000 level, a psychological resistance zone that prompted selling from long-term holders and institutions. Even Strategy’s historic $2.5 billion Bitcoin acquisition, adding 21,021 BTC, failed to spark a rally, suggesting investor fatigue and risk aversion are taking hold. BTC’s price trends to the upside on the daily chart. Source: BTCUSD on Tradingview Fed Decision and Tariff Jitters Weigh on Sentiment Investor focus remains fixed on the Federal Reserve’s rate decision, with expectations that the central bank will hold interest rates steady. However, analysts remain divided on the Fed’s longer-term stance amid calls for cuts by President Trump and signs of economic cooling. Market concerns are further amplified by impending U.S. tariffs ranging from 15% to 50%, set to take effect at the start of August. Although tariffs don’t directly impact crypto prices, they influence global sentiment and contribute to increased volatility across risk assets like Bitcoin. Meanwhile, the market is also awaiting a White House report that could outline the U.S. government’s Bitcoin holdings and clarify its stance on establishing a strategic Bitcoin reserve. Altcoins Follow Bitcoin’s Retreat Bitcoin’s pullback echoed throughout the broader crypto market. Ethereum, the leading altcoin was one of the assets that made a dip, falling by over 2% to $3,781.5. Related Reading: Ethereum Price Could Rise To $9,000 This Cycle, Eyes Breakout Against Bitcoin This caused a ripple in the altcoin space with some of the major names recording similar drops: XRP fell 0.6% to $3.1290 Solana dropped 2.1% Cardano declined 1.6% Dogecoin slipped 2.2% $TRUMP coin shed 2.6% With volatility indicators tightening, analysts warn that a significant price move may be imminent as the market awaits the Fed’s outcome and macroeconomic clarity. Cover image from ChatGPT, chart from Tradingview Source: newsbtc.com (Read Full Article)