🚨 #ETF Update — Aug 1 🇺🇸 📉 #Bitcoin : -7,000 $BTC ($812M | CoinGape Media on Binance Square

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🚨 #ETF Update — Aug 1 🇺🇸📉 #Bitcoin : -7,000 $BTC ($812M)
📉 #Ethereum : -41,200 $ETH ($152M)
Bitcoin ETFs just saw their 2nd-biggest daily outflow ever 🔺
While ETH ETFs broke a 20-day inflow streak 🔻

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BTC

114,104.01

+1.11%

ETH

3,483.1

+1.62%

143

0

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🚨 Stablecoins Are Moving to XRPL 🎥 The Answer’s in the Video 📺 https://youtu.be/QGmSb_FlYaE #XRPL #Stablecoins #RLUSD #XSGD #BBRL

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🚨 Trump Pressures Powell to Resign Amid Fed Shakeup 🏛 Fed Governor Adriana Kugler’s sudden resignation—nearly 18 months before her term’s end—has opened a critical vacancy at the U.S. Federal Reserve. Former President Donald Trump seized the moment, publicly calling for Fed Chair Jerome Powell to step down as well. 🗣 “She knew he was doing the wrong thing on interest rates,” Trump posted on X, urging Powell to follow suit. 📢 While Kugler’s resignation letter showed no policy disagreements, markets quickly reacted. The Bloomberg Dollar Spot Index slid 0.9%, with traders now pricing in two rate cuts by year-end. ⚖️ With Powell’s term set to expire in 2026, this development gives Trump early leverage to reshape the Fed’s policy direction. Names like Kevin Hassett and Kevin Warsh are already circulating as potential nominees. 💡 If confirmed, a new appointee could shift the Fed toward a more dovish stance on interest rates—potentially impacting everything from inflation control to market liquidity. #FederalReserve #Trump #JeromePowell #InterestRates #Economy https://coingape.com/is-powell-next-as-biden-appointee-fed-governor-resigns/?utm_source=bnb&utm_medium=coingape

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🚨 Eric Trump Urges Crypto Investors to ‘Buy the Dip’ Amid Market Correction 🇺🇸 As Bitcoin slips below $113K and Ethereum trades around $3,460, Eric Trump—son of U.S. President Donald Trump and Web3 Ambassador for World Liberty Finance (WLFI)—is doubling down on his bullish crypto stance. 📢 In a recent X post, he reiterated his call to capitalize on the dip, echoing similar advice from February that preceded a 15% BTC and 20% ETH rally. 🔍 Trump’s conviction in crypto doesn’t end there: ✅ He believes ETH should be worth $8,000+, citing global M2 expansion. ✅ He co-founded American Bitcoin, aiming to become the largest BTC holder alongside mining giant Hut 8. ⚠️ As volatility returns to the markets, Eric’s latest move reflects growing institutional-level interest from politically influential figures. #CryptoNews #Bitcoin #Ethereum #Web3 #EricTrump https://coingape.com/eric-trump-flashes-buy-the-dip-sign-as-bitcoin-and-ethereum-price-crash/?utm_source=bnb&utm_medium=coingape

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🚨 Spot XRP ETF in Focus: Is August the Month? 🏛 The SEC has issued a Federal Register Notice inviting public input on the approval of Grayscale’s XRP, BTC, ETH, SOL, and ADA ETFs — including its first-ever Spot XRP ETF proposal via the NYSE. 📢 Grayscale argues that under Section 19b of the Exchange Act, the SEC missed its 240-day deadline to act, meaning the ETF should be automatically approved. However, the SEC issued a stay order, leaving the crypto and financial world watching closely. 🔑 Key Dates & Developments: 🔒 Approval was initially granted July 1, then paused. 🧾 Comments now open until August 22. 🕒 Grayscale challenges the SEC’s authority under its own rules — citing the Exchange Act as superseding internal practices. 📈 If the stay is lifted, we could see the first Spot XRP ETF live on the NYSE — a major milestone for both institutional adoption and the broader crypto ETF landscape. #XRP #CryptoETF #SEC #Grayscale #Blockchain https://coingape.com/will-a-spot-xrp-etf-launch-this-month-sec-on-grayscales-fund/?utm_source=bnb&utm_medium=coingape

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🚨 CFTC Joins the Race with Its Own ‘Crypto Sprint’ — Aligns with SEC’s Project Crypto 🏛 In a bold move, CFTC Acting Chair Caroline D. Pham announced the launch of a dedicated “crypto sprint”, aligning with President Trump’s vision of turning the U.S. into the global crypto capital. 🗣 “The CFTC is wasting no time in fulfilling President Trump’s vision... Providing regulatory clarity now and fostering innovation in digital asset markets will deliver on the Administration’s promise to usher in a Golden Age of Crypto.” 🔑 Key Points: ✅ Aligned with SEC’s Project Crypto, focused on boosting digital asset regulation ✅ Collaboration with SEC Chair Paul Atkins and Commissioner Hester Peirce ✅ Aims to support Real-World Asset (RWA) tokenization and crypto innovation ✅ Part of a broader initiative to position the U.S. at the forefront of Web3 and blockchain 💡 With both the SEC and CFTC now sprinting toward crypto clarity, could this be the regulatory breakthrough the digital asset space has been waiting for? #CryptoRegulation #CFTC #SEC #ProjectCrypto #Tokenization https://coingape.com/cftc-launches-its-own-crypto-sprint-following-secs-project-crypto-push/?utm_source=cmc&utm_medium=coingape

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