Bitcoin price tags $65.3K August high as low US jobs numbers cool Fed rate bets

Bitcoin hit month-to-date highs above $65,000 as risk-assets gained on low US nonfarm payrolls data. Source: Cointelegraph

Bitcoin hit month-to-date highs above $65,000 as risk-assets gained on low US nonfarm payrolls data. Source: Cointelegraph

Crypto business is converging with banking as stablecoin reserves, tokenized funds, Treasury income and balance sheet management become key profit drivers. Source: Cointelegraph

Ethereum’s proposed EIP-8363 staking overhaul aims to reduce issuance, but critics say it could hurt DeFi, decentralization and institutional adoption. Source: Cointelegraph

Dice entropy may become the new gold standard after the Coldcard hack Source: Cointelegraph

Russia has shut down nine unregistered crypto exchanges in Moscow, with the FSB alleging they helped move scam proceeds abroad through Ukrainian call centers. Source: Cointelegraph

Perpetual futures trading volume on crypto exchanges fell to its lowest level in 31 months, while perpetual trading on decentralized platforms neared a one-year low. Source: Cointelegraph

Binance saw a record divergence between daily spot and futures trading volumes, with the latter reaching nearly $58 billion. Source: Cointelegraph

CleanSpark’s shares fell 5.5% on Thursday after the Bitcoin miner reported $138 million in quarterly revenue, narrowly missing Wall Street’s consensus estimate. Source: Cointelegraph

Stripe-owned Bridge has entered the EU MiCA register following Luxembourg approval, joining regulated providers under the bloc’s crypto framework. Source: Cointelegraph

Industry figures warned that continued legislative limbo could slow institutional adoption, revive regulation by enforcement and push innovation offshore. Source: Cointelegraph