
Coinbase Layer 2 Base Overtakes Optimism in Daily Active Users as Friend.Tech Hype Soars
A grayed-out "airdrop" icon at the top of the Friend.Tech app suggests the platform will release a token.

First Mover Americas: A 'Head-and-Shoulders' Case for Altcoins
The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

PayPal’s Stablecoin Unlikely to See Significant Adoption in the Near Term: Bank of America
Investors are likely indifferent to which stablecoins they hold as long as they are perceived as safe and accessible on the largest trading platforms, the report said.

'Altcoin Season' is Coming, Technical Analysis Suggests
An inverse head-and-shoulders pattern, one of the most trusted indicators known to presage major price rallies, is building in the altcoin market.

Shiba Inu Bucks Bitcoin Snoozefest Ahead of Shibarium Deployment
The tokens were up as much as 5% in the past 24 hours, bucking a market-wide trend.

California commission outlines campaign disclosure requirements for crypto
The California Fair Political Practices Commission has released disclosure requirements for cryptocurrency contributions to political candidates and committees.

Canada to develop repository for storing crypto and NFT seizures
The Royal Canadian Mounted Police is seeking a digital asset solution to facilitate the seizure and storage of cryptocurrency and nonfungible tokens.

What’s Good For PayPal Is Good For America
PayPal’s stablecoin move will, I am sure, be seen in hindsight as a cusp moment and a vote of confidence in the web3 world.

Bittrex Crypto Platform Reaches $24 Million SEC Settlement Over Non-Compliance Charges
Bittrex and its former CEO were charged in April for sidestepping securities registration requirements.

3 reasons why Ether price is still pinned below $1,900
PayPal’s stablecoin announcement and a handful of Ether ETF applications are bulls’ biggest hopes for a price trend reversal.

Binance invests $5M in Curve token as hacker partially returns funds
Twenty-seven percent of the funds stolen in the July 30 exploit have yet to be returned.

Circle preps $1B war chest to deal with market threats from PayPal and others
Circle’s USDC stablecoin has dropped from $45 billion in circulation at the start of 2023 to just $26 billion as the summer winds down.