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Eliza Labs founder Shaw Walters said that xAI demanded more licensing fees from the agentic AI platform or face possible legal action. Source: cointelegraph.com (Read Full Article)
Price predictions 8/29: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK, HYPE, SUI
Bitcoin dropped below $108,000 on Friday, and the rest of the crypto market followed. Will $100,000 be BTC’s next stop? Source: cointelegraph.com (Read Full Article)
Crypto Biz: Japan’s quiet stablecoin coup
Japan readies its first yen-backed stablecoin, signaling a shift from regulatory caution to active participation in digital finance. Source: cointelegraph.com (Read Full Article)
Ether breaks below ‘Tom Lee’ trendline: Is a 10% incoming?
Ether price dipped under the $4,300 support as September seasonality heightens correction risks. Source: cointelegraph.com (Read Full Article)
Strategy Bitcoin lawsuit dismissed as investors withdraw case
A dismissal with prejudice means that the plaintiffs can’t amend the complaint and refile the suit, according to the general counsel for Duoro Labs. Source: cointelegraph.com (Read Full Article)
Trump Media Group Forms Strategic Partnership with Crypto.com and Yorkville Acquisition to Establish $6.42 Billion CRO Treasury Strategy for Digital Assets
Trump Media and Technology Group, known for Truth Social, is partnering with Crypto.com and Yorkville Acquisition to establish Trump Media Group CRO Strategy. This new entity aims to become a digital asset treasury company with a focus on acquiring Cronos (CRO) tokens. With a planned treasury of $6.42 billion, funded by $1 billion in CRO tokens, cash, warrants, and a $5 billion credit line, it intends to be the largest publicly traded CRO treasury. The strategy includes staking rewards via a validator node in the Cronos blockchain to reinvest and grow CRO holdings. The move towards Cronos was influenced by its focus on DeFi, NFTs, and the metaverse. The partnership between the Trump-backed group and Crypto.com has faced criticism over governance issues previously. [Original Post] Generated by DMK News Bot
Gryphon approves reverse merger with American Bitcoin, Nasdaq ticker ABTC
Gryphon Digital Mining shareholders approve the merger with Trump family-linked American Bitcoin, paving the way for Nasdaq debut under ticker ABTC. Source: cointelegraph.com (Read Full Article)
Bitcoin heads toward $100K as US trade deficit, China bank woes raise alarm
Bitcoin’s sell-off accelerates as macroeconomic challenges prompt stock and crypto traders to cut risk. Source: cointelegraph.com (Read Full Article)
PENGU token loses 20% in August amid Pudgy Party game launch
The official crypto token of Pudgy Penguins had a tough month, consistent with a broader decline in NFT markets and digital collectibles. Source: cointelegraph.com (Read Full Article)
Elon Musk’s lawyer to chair $200M Dogecoin treasury: Report
Elon Musk’s lawyer Alex Spiro is set to chair a planned $200 million Dogecoin treasury company backed by House of Doge, as memecoin treasury vehicles begin to emerge. Source: cointelegraph.com (Read Full Article)