Bitcoin gets new "plunge protection" amid an ongoing sell-off and more liquidations for those hoping they had bought the dip. Key points: Bitcoin selling pressure increases as US stocks dip at the Wall Street open. BTC price almost hits $113,500 as over $100 million in longs gets liquidated in an hour. Read more
Explore the top Web3 jobs in 2025, salary ranges and how to start in the best-paying blockchain careers. Quants: $180,000-$325,000+, tied to PnL swings. Legal/CCO: Up to $500,000 TC with equity. Influencers: Six/seven figures from sponsors; high risk. Read more
MetaMask will be natively integrated the Tron blockchain, connecting users to the Asia-focused network after adding Solana support earlier this year. Update (Aug. 20, 00.30 UTC): This article has been updated to reflect that the Tron network has not yet been integrated with MetaMask and also includes new comments from Angel Gonzalez-Capizzi. The Tron network will be integrated into Consensys’ crypto wallet MetaMask, becoming the third major non-Ethereum-based chain to get support since MetaMask launched in 2016. On Tuesday, Tron DAO announced the strategic partnership with MetaMask, which will natively integrate the Tron (TRX) blockchain into the Consensys-developed self-custodial crypto wallet. Read more
Cardano bulls make a strong case for an ADA price rally toward $2 or even higher, once the resistance at $1 is decisively broken. Key takeaways: ADA price technicals are strengthening, with a rise to $2 possible. ADA futures volume is at a five-month high of $7 billion, reflecting institutional interest. Read more
The Banking Policy Institute wants lawmakers to further fine-tune the GENIUS Act to prevent any possibility of interest-bearing stablecoins. The US banking lobby isn’t keen on interest-bearing stablecoins or their supposed challenge to financial systems — but it may be too late to amend these “loopholes” in the GENIUS Act. The Banking Policy Institute (BPI), an advocacy group for the banking industry led by JPMorgan CEO Jamie Dimon, wrote a letter to Congress last week, arguing that stablecoins present a risk to existing credit systems. The BPI urged regulators to close supposed loopholes in the GENIUS Act, a new law regulating the stablecoin industry in the US, lest a shift from bank deposits increase lending costs and reduce loans to businesses. Read more
SharpLink bought $667 million in Ether at near-record highs, lifting its holdings to $3.2 billion as institutional ETH accumulation accelerates. Sports betting platform SharpLink Gaming snapped up Ether last week as the cryptocurrency surged to near all-time highs. SharpLink added 143,593 Ether (ETH) as ETH prices climbed above $4,700, according to a filing with the US Securities and Exchange Commission on Tuesday. SharpLink’s latest ETH purchases came at near-record prices, paying an average price of $4,648 per ETH, totaling $667.4 million. Read more
1inch co-founder Sergej Kunz told Cointelegraph that in two to three years, there may be a multichain DeFi stack that allows liquidity to flow freely between networks. Decentralized finance (DeFi) exchange platform 1inch launched crosschain swaps between the Solana network and Ethereum Virtual Machine (EVM) networks, eliminating the need for bridges or messaging protocols in transferring assets across networks. The upgrade went live on Tuesday, launching on 1inch’s decentralized application (DApp), wallet and Fusion+ API, according to an announcement sent to Cointelegraph. The DeFi platform said the new feature allows users to swap assets directly between Solana and over 12 EVM chains in a secure, efficient and MEV-protected manner. The new feature can be described as “industry-first native decentralized crosschain swaps,” according to 1inch. Its co-founder, Sergej Kunz, told Cointelegraph that the breakthrough came from adapting 1inch's Fusion+ architecture, initially designed for EVM-only swaps, into Sola...