🗞 Catch up on the news over the last 24 hours!
⚡️ Tom Lee thinks $ETH could go $16,000 based on the ratio of ETH/BTC during its 2021 high.
🚨 Standard Chartered says Ethereum treasury companies are better investments than US spot ETH ETFs as their NAV multiples started normalizing above 1.
🇺🇸 President Trump says the interview process for the next Fed chair has started and they’re down to three candidates, adding they’re all from Wall Street.
🇺🇸 ETF FLOWS: Around $91.6M of $BTC and $35.1M of $ETH were bought on Aug. 6.
🇺🇸 The Fed’s latest report explores using proceeds from valuation gains on gold reserves to fund the US Strategic Bitcoin Reserve as proposed by Senator Lummis.
🇺🇸 Trump set to approve 401(k) access to crypto and alternative assets via executive order on Thursday.
🔥 Ripple to acquire stablecoin platform Rail for $200M, per RT.
🚨 SharpLink raised $200M at $19.50/share to stack and stake $ETH.
🔥 Chainlink launches Chainlink Reserve funded with $LINK.
⚡️ Binance now lets European users convert crypto to fiat and withdraw directly to Mastercard with near-instant access.
🚨 President Trump signs executive order allowing 401(k) investors to access alternative assets, including digital assets.
🚨 President Trump signs executive order banning banks from debanking the Bitcoin and crypto industry.
🚨 SEC and Ripple jointly dismiss appeals, ending their 5-year legal fight.
🇺🇸 President Trump picks pro-crypto Stephen Miran to temporarily fill the Federal Reserve Board seat after Adriana Kugler's resignation becomes effective Friday.
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credit :cointelegraph
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