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The U.S. Commodity Futures Trading Commission will allow spot crypto contracts to trade on federally registered exchanges, a landmark step to bring digital asset markets under direct federal oversight. Summary The CFTC will allow trading of spot crypto contracts on federally regulated exchanges under its new “Crypto Sprint.”Contracts will settle in actual digital assets like BTC and ETH, improving market transparency and compliance.The initiative complements SEC efforts

Bitcoin’s recent price moves have closely followed a two-year Fibonacci model. According to analyst CryptoCon, the next logical level could be around $166,000. Summary Bitcoin has consistently followed Fibonacci extension levels since bottoming at $15,500 in late 2022, with key pauses at $30,362, $46,831, $71,591, and $109,236.Crypto analyst CryptoCon projects $166,754 as the next logical level based on the 5.618 Fibonacci extension, which fits the cycle’s prior 52–54%

Nexus Mutual has transferred $250,000 to reimburse users caught in Arcadia Finance’s $3.5 million exploit, marking one of Base blockchain’s first major insurance settlements. The payout arrives as Arcadia’s own recovery plan remains weeks from implementation. Summary Nexus Mutual paid $250,000 to victims of Arcadia Finance’s $3.5 million hack, marking one of Base chain’s first major insurance settlements.The payout offers early restitution ahead of Arcadia’s own delayed

MemeCore has surged 24.14%, confirming a breakout above a key range high. The move signals an active bullish Elliott Wave count with further upside in play if key levels hold. Summary MemeCore is in Wave 3 of a bullish Elliott Wave sequence targeting $0.77.$0.62 is the key resistance to flip for continuation.$0.52 serves as the ideal corrective support if Wave 4 begins. After trading sideways for weeks, MemeCore has now confirmed a structural breakout with strong imp

As RWAs cement themselves as crypto’s second-fastest-growing sector, a who’s-who of fintech and blockchain heavyweights are launching Ascend, a hyper-selective program designed to turn startups into the standard-bearers of institutional adoption. Summary Ascend is a new elite accelerator for real-world asset (RWA) startups with live products and institutional goals.Backed by Odisea, Plume, Galaxy Ventures, and Anchorage Digital, it will admit only 6–8 teams per cohort.

OpenMind plans to create a decentralized operating system for smart machines. Summary OpenMind obtained $20M in funding, led by Pantera CapitalOther backers include Coinbase Ventures, DCG, and moreThe startup plans to create an open-source OS for robotic intelligence Crypto and robotics may soon become a powerful synergy. On Monday, August 4, Pantera Capital led a $20 million funding round in OpenMind. Other investors include Coinbase Ventures, DCG, Ribbit, Lightspee

Base has surpassed Solana in daily token launches, driven by a boom in creator coins minted from social posts on the Base app. But with most of the activity driven by short-term traders, the question now is whether this new creator economy can last. Summary Base has surpassed Solana in daily token launches, driven by creator coins minted automatically by Zora’s smart contracts whenever users post social content on the Base app (formerly Coinbase Wallet).Over 1.6M tokens

A Coinbase UK ad campaign was abruptly shut down after TV networks refused to air it, and the exchange’s CEO isn’t staying quiet. Summary Coinbase CEO Brian Armstrong criticized UK broadcasters for blocking the company’s recent crypto ad campaign.Armstrong said the decision reflects outdated perceptions of crypto in the United Kingdom.The UK’s lack of clear crypto rules has drawn criticism from experts.Some community members have condemned the tone of the Coinbase campa

The VINE coin saw a recent surge following Elon Musks prolific activities to revive old content using Grok Imagine. The token may soon join the lineup of tokens linked to Musk and generate even more. Summary Elon Musks plan to revive old social media content from VINE sparked a rally in the token.Dogecoin and Grok-related tokens also saw a surge in value following Elon Musks trending posts.The move comes on the heels of a renewed push by X to create an AI-powered super-

ZBCN price is edging closer to its ATH, currently trading just 25% below it, with strong technical momentum fueled by major fundamental developments. Summary ZBCN price is currently just 25% below its ATH of $0.0071, with technical indicators signaling further upside.Zebec is undergoing its final SOC 2 audit, expected to finish by August, boosting credibility with institutional and fintech partners.Zebec is actively working toward regulatory compliance, with its MiCA wh