Altcoin ETFs approval ‘to 90% or higher,’ Bloomberg analysts predict
Bloomberg analysts predict a 90%+ chance of altcoin ETF approvals as SEC engagement increases. Despite market downturns, institutional interest in altcoins like Solana and XRP remains strong.
‘Public Good’: Wyoming Plots August Debut for WYST Stablecoin – Decrypt
Wyoming plans to launch its state-backed WYST stablecoin on August 20 at the Wyoming Blockchain Symposium. The stablecoin, pegged to the US dollar, will support multiple blockchains and fund education through interest earnings.
Behind the Scenes: The True Cost of MEVs for Blockchains
Flashbots’ report reveals MEV spam bots consume significant blockchain capacity, undermining scaling efforts on Solana and Ethereum L2s, and proposes solutions like programmable privacy and priority bidding.
Analyst Details Bitcoin Path to a Parabolic Rally, Says BTC Will ‘Significantly Outperform’ Stocks if History Repeats Itself – The Daily Hodl
Analyst Kaleo predicts Bitcoin could rally like in 2020 if history repeats, citing S&P 500 trends, ETFs, and growing institutional adoption as key drivers for BTC outperforming stocks.
Interest Rate Showdown: Trump vs. Powell, Massie vs. the Fed – Economics Bitcoin News
President Trump criticizes Fed Chair Powell over interest rates, while Rep. Massie questions the Fed’s influence. The debate highlights concerns about U.S. monetary policy and economic competitiveness.
Czech Government Survives No-Confidence Vote Over $45M Bitcoin Donation
The Czech government survived a no-confidence vote after accepting a $45M bitcoin donation from a convicted criminal, sparking controversy over potential money laundering.
Ripple News Today: Ripple Mints $13M RLUSD to Challenge Stablecoin Giants, Fueling XRP Price Predictions Across the Market – Brave New Coin
Ripple mints 13 million RLUSD tokens, nearing a $500M market cap, to compete with stablecoin leaders like USDT and USDC, sparking discussions on XRP’s future price impact.
Strategy’s Michael Saylor raises Bitcoin forecast to $21M by 2046
Michael Saylor predicts Bitcoin will reach $21 million by 2046, citing geopolitical shifts and adoption trends. He highlights US regulatory progress and Trump’s pro-Bitcoin policies as key drivers.
Traders Should Pay Attention to This Benchmark Amid Ongoing Macroeconomic Uncertainty, Says Billionaire Investor Ray Dalio – The Daily Hodl
Ray Dalio advises traders to monitor the Fed’s yield curve amid economic uncertainty, warning that aggressive rate cuts could cause concern. He highlights the importance of long rates, dollar value, and gold movements.
Band Protocol (BAND): A Cross-Chain Data Oracle Platform And Its Token
Band Protocol (BAND) is a decentralized oracle platform providing cross-chain data services to smart contracts and dApps, using token-curated data sources and a native BAND token for rewards and payments.
