The current number of ETF applications is well above a dozen. source: https://cryptopotato.com/xrp-etf-inflows-will-surprise-many-once-approved-predicts-former-us-senate-candidate/

According to BlockBeats, the Federal Reserve Board, currently comprising seven members, is experiencing potential shifts in its composition. U.S. President Donald Trump is involved in legal proceedings with board member Cook. The board includes Chair Jerome Powell and two members appointed by the Biden administration, Jefferson and Barr, who align with Powell. Additionally, two members, Waller and Bowman, appointed during Trump's first term, voted in favor of a rate cut in July. Trump has nominated his advisor, Stephen Milan, to fill the vacancy left by Kugler's resignation. The Senate Banking Committee is scheduled to hold a confirmation hearing for Milan next Thursday. If confirmed swiftly, Milan could join the Federal Reserve in time for the September meeting, potentially increasing Trump's influence with at least three supporters on the board. Furthermore, if the court rules in favor of Trump dismissing Cook, he plans to quickly nominate her successor, aiming to secure a majority of four supporters on the board. However, it is unlikely that this ruling will be finalized before the September meeting. Cook's absence could lead to a tie among the three Trump-appointed members, the two Biden-appointed members, and Powell.

In a lengthy article, Zhou argued that the push to decentralize every corner of finance has been overstated. source: https://coindoo.com/former-chinese-central-bank-governor-sounds-alarm-on-stablecoins/

Despite the significant rise in Bitcoin’s value, potentially reaching as high as $10 million, skepticism towards the cryptocurrency is unlikely to disappear, according to a financial adviser. This persisting doubt may stem from various factors such as regulatory concerns, market volatility, and the ongoing debates regarding its long-term viability as a form of currency or an investment asset. Even with astronomical price predictions, the adviser emphasizes that many individuals and institutions may continue to harbor reservations about Bitcoin's legitimacy and stability in the financial landscape. source: https://blocknews.com/bitcoin-skepticism-wont-go-away-even-at-10-million-says-adviser/

According to Foresight News, EigenCloud is set to reveal new advancements. The platform will support applications across various sectors, including artificial intelligence (AI), A2A, decentralized finance (DeFi), zkTLS, real-world assets (RWAs), DeFAI, decentralized physical infrastructure networks (DePIN), smart agents, rollups, and oracles. Previously, Eigen Labs introduced the developer platform EigenCloud, with a16z crypto investing $70 million by purchasing EIGEN tokens directly.

An Indian court has delivered life sentences to a former politician and several police officers in connection with a shocking plot involving the kidnapping of a businessman, which revolved around the illicit use of Bitcoin as ransom. source: https://blocknews.com/indian-court-hands-life-sentences-to-ex-politician-and-police-officers-over-bitcoin-kidnapping-plot/

Lubin painted a picture of Wall Street banks abandoning their expensive, closed-off systems in favor of Ethereum’s decentralized infrastructure. source: https://coindoo.com/ethereum-co-founder-predicts-eth-will-surpass-bitcoin-in-value/

The last time such intense selling hit the market was in February, and only July 4 saw a larger wave […] The post Bitcoin Whales Trigger $4B Sell-Off, Raising September Concerns appeared first on Coindoo. source: https://coindoo.com/bitcoin-whales-trigger-4b-sell-off-raising-september-concerns/

According to BlockBeats, ApeCoin has announced the launch of its R.A.I.D (Rapid ApeCoin Integration Deployment) strategy, aiming to transition ApeCoin from a governance token to a cultural token and foster the growth of its ecosystem. The plan includes expanding ApeCoin's presence to the Solana blockchain and integrating with decentralized finance (DeFi) platforms.

With the improvement of the regulatory framework and the development of technology, stablecoins will play a more important role in the future financial ecosystem.

From the initial meme to the current top ten market capitalization, Dogecoin is not only a legend of its transformation from a joke to innovation, but also a vivid interpretation of the PoW spirit of "everyone can mine and the benefits are fairly distributed."

A Bitcoin adviser says Bitcoin could reach as high as $10 million, and people will still be saying, “it can’t go any higher right?” source: https://cointelegraph.com/news/bitcoin-price-skepticism-continue-btc-millions-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

This week, 27 blockchain startups raised a total of $205.8 million in funding. Rain raised $58 million in its Series B funding round, the largest funding round of the week.

Golden Finance has launched the 2802nd issue of "Golden Morning 8:00", a morning newspaper for the cryptocurrency and blockchain industry, to provide you with the latest and fastest digital currency and blockchain industry news.

Industry leaders such as Eric Trump, CZ, Arthur Hayes, and the founder of Uniswap shared their views on the current and future of the crypto market at conferences in Tokyo and Hong Kong from August 25th to August 29th.

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance. Its content covers the week's key news, market and contract data, mining information, project dynamics, technological progress and other industry trends.

On August 27, at the Hong Kong Crypto Finance Forum held at the University of Hong Kong, CZ's speech was blunt and explicit, criticizing Hong Kong's Web3 policies.

Berkshire Hathaway's second-quarter holdings have been made public. The overall structure remains unchanged, with a still-high 52.74% in cash and only 47.26% in stocks.

Pantera Partners: Why Will the Crypto VC Landscape in 2025 Be Different Than Previous Cycles? Golden Finance: M&A Transactions Surge in 2025, Accelerating Industry Consolidation and Maturity.

Eleven years ago, on August 28, 2014, a cryptographer named Hal Finney passed away.