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Chips bill provides for blockchain specialist position in White House science office
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The $280 billion bill, which aids the semiconductor industry, also incorporated Representative Darren Soto’s bill to create a position to advise the president ...

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Crypto Biz: Elon Musk: The ultimate crypto tourist
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Tesla's foray into Bitcoin may have been one big distraction for the electric vehicle maker, which reported mixed financial results earlier this month.

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Deposits at non-bank entities, including crypto firms, are not insured — FDIC
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The government agency said that while deposits at insured banks were covered for up to $250,000, no such protections applied to those at crypto companies.

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Price analysis 7/29: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX
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Bitcoin price has hit resistance at the $24,000 level, resulting in a slight pullback in select altcoins. Is the rally over?

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CoinFLEX announces staff cuts as part of measures to reduce costs by up to 60%
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“The intention is to remain right-sized for any entity considering a potential acquisition of or partnership opportunity with CoinFLEX,” said the exchange.

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Bitcoin struggles to flip $24K to support, but data shows pro traders stacking sats
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BTC futures and stablecoin margin data show whales holding steady even as Bitcoin price failed to hold above $24,000.

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Bitcoin price rejects at $24K as ‘classic short setup’ spoils bulls’ fun
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$24,000 BTC price refuses to flip to support while the weekly close remains shrouded in uncertainty.

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Pro-Russian groups raised only 4% of crypto donations sent to Ukraine
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“While significant, the $2.2M worth of crypto donated to pro-Russian orgs still pales in comparison to the tens of millions in crypto donated to Ukraine,” said ...

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KuCoin crypto exchange debuts USDT-dominated NFT ETF
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KuCoin's new investment product aims to increase the liquidity of and access to leading nonfungible token collections such as BAYC.

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Bitcoin bear market over, metric hints as BTC exchange balances hit 4-year low
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Coins stationary for at least a year are suggesting that accumulation is done — something which traditionally accompanies the end of bear markets.

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Ethereum will outpace Visa with zkEVM rollups, says Polygon co-founder
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A new scaling solution, zkEVM rollups, could allow Ethereum to overcome Visa in terms of transaction throughput, says Polygon co-founder Mihailo Bjelic.

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Crypto contagion deters investors in near term, but fundamentals stay strong
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Many experts believe that the recent slew of insolvencies may be good for the market in the long run, weeding out any weak players from the industry.

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