Ethereum Foundation Pauses Open Grants to Focus on Strategic Funding Model

After funding hundreds of projects with millions of dollars, the Ethereum Foundation is temporarily pausing the Ecosystem Support Program’s (ESP) open grant application process to refocus on a more proactive funding model that is better aligned with the ecosystem’s strategic needs. The transition comes as the foundation faces challenges reviewing the high volume of inbound…

What Happened In Crypto Today

Today in crypto, Avalanche recorded the highest blockchain transaction growth in a week, with activity rising 66% to 11.9 million transactions across 181,300 active addresses. The US Treasury Department’s FinCEN revealed that US banks have been facilitating billions each year for suspected Chinese money launderers. Meanwhile, the US Commodity Futures Trading Commission opened a pathway for…

Bitcoin Risks Losing $108,000 In A Month-End Sell-Off

Key points: Bitcoin sees a fresh round of selling at the Wall Street open, taking the price toward $108,000. Multiweek lows come thanks to whales offloading large tranches of BTC. US inflation data fails to offer any respite to bulls despite high odds of an interest-rate cut. Bitcoin (BTC) hit new multiweek lows after Friday’s…

Avalanche Leads Blockchain Transaction Growth, Amid US Gov’t Implementation

Update Aug. 29, 1:07 p.m. UTC: This article has been updated to include comments from Ava Labs’ chief strategy officer. Avalanche’s transaction growth surpassed all other blockchain networks this week, signaling more investor mindshare rotating to the smart-contract blockchain’s utility token, as it also saw increasing governmental adoption. Avalanche, a smart contract blockchain designed to…

Is XRP going to crash in September?

XRP price must hold above $2.80 or risk triggering a technical correction in September, with the downside target closer to $2. Source link

Ether (ETH) May Outperform Bitcoin (BTC) If PCE Inflation Report Is Soft: Crypto Daybook Americas

Crypto Daybook Americas will not be published on Monday due to the Labor Day holiday. It will return on Tuesday. By Omkar Godbole (All times ET unless indicated otherwise) Bitcoin BTC$110,337.05 has dropped nearly 3% to $109,800 in the past 24 hours, pulling the broader market, including ether (ETH), down with it. But those losses…

Avalanche Leads Blockchain Transaction Growth, Amid US Gov’t Implementation

Avalanche’s transaction growth surpassed all other blockchain networks this week, signaling more investor mindshare rotating to the smart-contract blockchain’s utility token, as it also saw increasing governmental adoption. Avalanche, a smart contract blockchain designed to improve scalability and usability, has emerged as one of the fastest–growing blockchain networks. Transactions on Avalanche rose over 66% during…

92 Crypto-related ETFs Are In Line to Receive The SEC’s Approval.

There are at least 92 crypto exchange-traded products awaiting a decision from the US Securities and Exchange Commission.  Solana (SOL) and XRP (XRP) are the most sought-after crypto assets, with SOL having eight ETF applications pending and XRP having seven, according to new data from Bloomberg Intelligence’s ETF analyst James Seyffart. Source: James Seyffart Eric…

SEC Skewed Filings To Bring Suit, Unicoin Claims

Crypto investment platform Unicoin hit back at the US Securities and Exchange Commission’s fraud lawsuit after three months, accusing the agency of distorting its regulatory statements to build a case. Unicoin told a New York federal judge on Wednesday that the SEC’s lawsuit should be dismissed as it “plucks snippets of communications and distorts their…

ETH Traders Eye $10K as Long-Term Bull Case Builds

Key takeaways: A bullish pattern on the ETH chart predicts a rally to $10,000, with $5,000 as the critical resistance level. Analysts stress that short-term volatility may precede ETH’s multi-year bullish expansion phase. A rally to $5,100 could trigger $5 billion in short position liquidations. Ether (ETH) continues to flash bullish technical signals, with crypto…