🚨 Breaking Crypto News – Must Know! (Aug 6, 2025)
1. 🇺🇸 Big U.S. Crypto Moves
0-1The U.S. government just unveiled a official crypto reserve, including Bitcoin and other tokens — a landmark shift signaling digital assets as national store-of-value .
446-0The Genius Act has been signed into law, imposing strict peg-and-reserve requirements on stablecoins — a critical step toward long-term regulatory clarity .
2. 🛠️ Ethereum Fee Revolution
630-0A major Ethereum upgrade, EIP‑7999, has been proposed to simplify transaction fees into a single unified parameter—long awaited by users and developers alike .
3. 🌍 Ripple's Big Leap in South Korea
860-0BDACS, a regulated custodian in Korea, now supports institutional custody for XRP, strengthening Ripple’s footprint in Asia .
4. 📊 Institutional ETH Buying Surge
1064-0Small public companies collectively now hold nearly 966,000 ETH (~$3.5 billion)—up from 116K ETH in late 2024—driven by attractive staking yields and inflation hedging .
5. 📈 Market Pulse & Price Moves
1305-0Bitcoin is stable near $114K, Ether bounced over $3,600, while XRP is trading around $3.00—all benefiting from renewed risk appetite amid rate cut expectations .
1561-0Bankruptcy dust-up: Binance CEO CZ disputes the $1.7 b lawsuit from FTX Trust, saying it doesn’t belong in U.S. courts .
🚨Crypto Flash Update
1️⃣ #US goes digital: Strategic crypto reserve + Genius Act enacted!
2️⃣ #Ethereum simplifies fees with EIP‑7999 proposal
3️⃣ #XRP custody live in South Korea via BDACS
4️⃣ #Institutions piling into ETH: nearly 1M ETH held now
5️⃣ #Bitcoin & ETH rebounds – market eyes possible rate cuts
💬 Drop a 🔥 if you’re bullish, or 📉 if you see headwinds—let’s talk sentiment!
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