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Main news about crypto world from @Major team.
🪙 El Salvador may use Bitcoin profits to fund social development projects
The government’s strategy aims to convert crypto gains into tangible benefits for its citizens, focusing on infrastructure, education, and healthcare improvements.
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⚡️ BlackRock’s Head of Digital Assets Strategy departs after 20 years, joins SharpLink* as Co-CEO
* — Second-biggest ETH treasury company.
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🔥 Vietnam deploys national blockchain for identity and records
Vietnam launches national blockchain NDAChain to power digital IDs, smart contracts & government records with hybrid decentralization.
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🪙 CryptoQuant CEO: "Bitcoin cycle theory is dead"
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🔥 Christie’s* offers $1B in luxury real estate to buyers paying with crypto
* — One of the largest US luxury brokerages.
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🔝 BofA: Stablecoin supply is expected to grow by up to $75B, banks are preparing to introduce stablecoins
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🔥 Ghana to license crypto firms amid surging demand
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⚠️ Ripple CEO warns crypto scammers are ramping up fake XRP giveaway schemes on YouTube, impersonating official Ripple accounts
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🔥 Trump's digital asset report has been completed and will be released next week
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📣 Matt Hougan, Bitwise CIO: “Crypto is not perfect. Not at all. It needs a lot of work — from technologists, investors, regulators, and lawmakers — to achieve its full potential. But if we fail to even imagine that the world can be better than it is, we will never get there”.
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🔥 CoinShares Asset Management becomes first continental European regulated asset manager to receive MiCA authorisation
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🪙 Wallets likely tied to a single Bitcoin whale moved 10,603 BTC after years of dormancy
Earlier: 80,000 BTC after 14 years of inactivity.
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🪙 Cointelegraph: Only 0.01% of the world’s population owns more than 1 Bitcoin
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⭐️ The most significant Rise & Fall of the top tokens over the past week.
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🔽 Bloomberg: Crypto stocks decline as Bitcoin prices fall 2%
• Coinbase Global down 1.1%
• Bitfarms down 3.6%
• Strategy down 2.5%
• Riot Platforms down 3.5%
• HUT 8 Mining down 3.1%
• Mara Holdings down 1.9%
🔥 Justin Sun says Nasdaq is just the beginning and aims to join the Nasdaq 100 with Nvidia, Apple, and Google in 3 years
🔄 Earlier: TRON on Nasdaq listing.
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💎 ETH spot volumes surge ahead of BTC for the first time in a year
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💲 Tether: 250,000 Tether Gold tokens in circulation are backed by 7.66 tons of gold.
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💎 Bloomberg: TF and Kingsway Capital to raise at least $400M for a crypto treasury company that would hold TON
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⚡️ 18% of Poles have invested in crypto, Polish government admits in Bitcoin bill debate
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📣 FTX creditors to receive next round of payouts by Sept. 30
The FTX Recovery Trust has set August, 15 as the record date for its next distribution to creditors, with payments expected to begin around September, 30.
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📣 Jim Cramer, former hedge fund manager, eyes Bitcoin, Ethereum as hedge against $37 trillion US debt
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⚡️ CNBC: Goldman Sachs and BNY* have created the ability for institutional investors to purchase tokenized money market funds
* — Bank of New York.
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❕ Temper "excessive" stablecoin excitement, HKMA chief warns
Hong Kong Monetary Authority chief executive Eddie Yue cautions against a "bubble" based on excitement over companies promising stablecoin offerings.
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🔥 $410B PNC Bank teams up with Coinbase to give banking clients crypto access
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