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Bitcoin’s proof-of-work drove hardware innovation from GPUs to ASICs that are 100,000x more efficient. AI networks need the same competitive incentives. Source: cointelegraph.com (Read Full Article)
Shiba Inu price hits crucial support as whales quietly accumulate
Shiba Inu crashed to a crucial support level as on-chain metrics points to ongoing accumulation by whales and so-called smart money investors. Source: crypto.news (Read Full Article)
Dogecoin price targets 25% rally as DOGE ETF inflows jump
Dogecoin price crashed to a crucial support level. Upcoming ETF approval, and the ongoing DOJE ETF inflows points to a 25% jump. Source: crypto.news (Read Full Article)
Bitcoin Bollinger Bands tighter than ever as trader eyes $107K ‘max pain’
Bitcoin traders supplied BTC price levels to cause “max pain” around a giant $17.5 billion options expiry, while Bollinger Bands set new records. Source: cointelegraph.com (Read Full Article)
Bitcoin upgrade is splitting developers and purists
Bitcoin Core proponents defend OP_RETURN changes as neutral, while critics warn of spam and capture. Source: cointelegraph.com (Read Full Article)
Bitcoin ETFs enter ‘slowdown’ phase: Are bears hunting for $90K BTC price?
US spot Bitcoin ETF flows cooled after strong prior inflows, signalling weaker institutional demand that could push BTC price into an extended correction. Source: cointelegraph.com (Read Full Article)
Gate Unveils Layer 2 Network and Tokenomics Overhaul for GT Token
The exchange introduces Gate Layer, a high-performance rollup built on OP Stack, while expanding GT’s role as a gas token and deflationary asset. Source: coindesk.com (Read Full Article)
South Korean Crypto Exchange Upbit to Be Acquired by Naver: Report
The deal would bring Upbit’s parent Dunamu under the umbrella of Naver Financial. Source: coindesk.com (Read Full Article)
Ether Falls to $4K, BTC, XRP Slide as U.S. Government Shutdown Risks Mount
The White House is preparing for potential job cuts, as Congress must pass a funding measure to prevent the government from running out of money by the end of September. Source: coindesk.com (Read Full Article)
Australia Looks to Bring Crypto Under Financial Services Framework With New Draft Legislation
Digital asset platforms (DAPs) and tokenized custody platforms (TCPs) will fall under the same bracket as other financial intermediaries. Source: coindesk.com (Read Full Article)