Author: JUAN MENDE
Tech & Crypto Enthusiast | IP Lawyer turned Marketer. > Currently driving growth and content strategy as an editor at Cryptopress and other crypto projects. I specialize in bridging the gap between complex digital projects and clear, engaging content.
China’s State Council is set to review a roadmap later this month that could approve yuan-backed stablecoins to expand the currency’s global reach.
The move marks a potential reversal from China’s 2021 crypto ban, driven by efforts to counter U.S. dollar-backed stablecoins dominating 99% of the market.
Hong Kong and Shanghai are identified as key hubs for rollout, aligning with recent regulatory frameworks in Hong...
DegenAI: the Second Brain for Yields
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What is DEGENAI?
DegenAI is an AI-powered trading agent built on the Virtuals protocol, specializing in perpetual futures trading on Hyperliquid. Launched nearly a year ago by founder @Daab1rD, it uses advanced AI to analyze market data, execute trades, and manage a high-performance vault. The project includes a token ($DGENAI) on Base, an upcoming terminal for chat-based trading, and automated strategies, making it a blend of AI and DeFi...
Bitcoin Dips Below $113K Amid Heavy ETF Outflows, Ethereum Feels the Pressure
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Bitcoin price decline: BTC slipped below $113,000 on August 19, driven by retail panic selling and substantial ETF outflows totaling nearly $1 billion across Bitcoin and Ethereum funds.
Ethereum ETF shifts: Ethereum-focused ETFs recorded significant outflows, reflecting broader market pullback and institutional caution.
Market sentiment: Retail traders turned “ultra bearish,” but analysts see the dip as a potential...
Ethereum ETFs Surge with Record Inflows as Backers Deploy Billions into Wall Street Integration
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Ethereum ETFs dominated last week’s crypto inflows with $2.87 billion, representing 77% of the total $3.75 billion across digital asset products.
Spot Ethereum ETFs outpaced Bitcoin counterparts for the fifth consecutive day, adding $3.4 billion versus $966 million for Bitcoin funds.
Major Ethereum supporters, led by BitMine Immersion Technologies, are holding over $6 billion in Ether to expand into traditional finance,...
US Treasury Secretary Revises Bitcoin Treasury Stance
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US Treasury Secretary Scott Bessent initially stated the government would not purchase additional Bitcoin for its strategic reserve, relying solely on seized assets valued at $15-20 billion.
He later clarified that budget-neutral methods to acquire more BTC are still under exploration, reversing earlier remarks that caused a sharp market dip.
Bitcoin and Ethereum prices fell over 3% and 2% respectively following the initial...






