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Despite a seven-month low in exchange supply hinting at reduced selling pressure, Ripple's XRP continues to drop, lacking the demand needed to boost its price.

Hong Kong proposes tax breaks on crypto gains to attract hedge funds and investors, boosting its competitiveness as a crypto hub while integrating traditional banking with digital assets.

Charles Hoskinson defends Cardano's innovations amid Bitcoin criticism, suggesting the crypto industry has evolved beyond needing Bitcoin, which he compares unfavorably to emerging technologies.

Solana (SOL) faces a potential 13% drop after a fake breakout. Despite bullish sentiment, technical indicators suggest bearish momentum, with support at $126.46 and a possible decline to $109.64.

Radix is creating a $37 million fund for ecosystem growth, while Fetch.ai opens a San Francisco lab for AI development, and Sony launches 'Soneium,' a new blockchain network.

Fairshake, a pro-crypto super PAC, is spending $25 million to support 18 House candidates (9 Republicans, 9 Democrats) across several states, allocating about $1 million per candidate.

During a major market crash, Bitcoin fell below $50,000, its lowest in months. From August 4-5, Ethereum dropped to $2,200, mirroring declines across other leading cryptocurrencies.

A Putin aide proposes counting Bitcoin mining as an export to track billions in revenue. The move follows Russia's legalization of industrial crypto mining and new tax rules.

In the past day, the crypto market has sharply declined, with meme coin Popcat (POPCAT) on Solana dropping 16.24% to a current value of $0.62.

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