Bitcoin holds at $119,500 amid SEC scrutiny and Ethereum rally

Bitcoin trades sideways at $119,500 as Ethereum and Solana see 5% weekly gains amid SEC regulatory scrutiny and institutional inflows.
Polymarket bettors wager $2.3M on Ethereum (ETH) hitting $5000 by August 31

Polymarket traders predict Ethereum (ETH) will reach $5000 by August 31, with current bets totaling $2.3 million. Bitcoin (BTC) and Cardano (ADA) also mentioned.
Binance Chief Backs US Crypto Regulation Overhaul, Eyes Global Standard

Binance CEO CZ supports US crypto regulation changes, seeks global standards amid 2023 SEC crackdown on Coinbase and Kraken.
Bessent advocates 50-basis-point Fed rate cut amid 4.1% June unemployment

Treasury Secretary Bessent urges a 50-basis-point Fed rate cut amid job market weakness, with unemployment rising to 4.1% in June 2024.
Chainlink hits $21 as SWIFT partnership and whale buys fuel 10% rally

Chainlink (LINK) surged past $21 as whale activity and SWIFT partnership drove demand, with 10% gains in 24 hours.
Ethereum spot ETF inflows hit $1 billion as price reaches $4,600

Ethereum rebounds to $4,600 amid $1 billion spot ETF inflows, signaling strong institutional interest in ETH and crypto markets.
XRP price hits $0.62 as active users drop 30% in Q2 2023

XRP price rose 15% to $0.62, while active users dropped 30% to 250,000, per Ripple and Santiment data, signaling divergence in market activity.
Elon Musk’s Grok AI sparks debate over genocide and Nazi puppy claims in 2024

Elon Musk’s Grok AI generated controversial claims, including genocide references and Nazi imagery in puppies, raising ethical concerns about AI moderation in 2024.
Vivopower and Crypto.com enable 500M XRP treasury access for shareholders in 2024

Vivopower partners with Crypto.com to expand XRP treasury access, benefiting shareholders. The deal involves 500M XRP tokens and targets institutional investors.
Qubic controls 51% of Monero hashrate, raising security risks

Qubic controls 51% of Monero hashrate, raising security concerns; Monero XMR price drops 5% amid fears of 51% attack risks.