JETBIT TRADING COMPETITION IS LIVE

JetBit is giving away $30,000 in rewards across 5 trader tiers.

The interesting part? You’re competing based on ROI, not total dollar profit, so everyone has a fair shot regardless of account size.

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⏰ Competition ends August 31st

👉 Join here: jetbit.com/tj-competition

Good luck, traders. 🫡🔥

📢 According to Santiment, active addresses increased by almost 33% month over month while new wallet creation stayed flat, causing $XRP to drop close to $1 on August 12, its lowest level since November 2024.

📢 According to OpenAI, the top 10% of businesses use skills six times more frequently and plugins twice as frequently as average businesses.

📢 Custodia Bank's Supreme Court appeal for direct access to the Federal Reserve's payment system has received support from the Blockchain Association.

📢 Robinhood Chain is approaching $1B in TVL, while Uniswap liquidity is driving UNI token burns at an annualized rate of around $90M, according to Standard Chartered.

📢 Anthony Pompliano’s firm Silvia has filed for five ETFs, including funds focused on Bitcoin treasury discounts, Elon Musk-related companies, and mentions of Jensen Huang in interviews.

📢 Bitcoin’s hashrate has fallen 17% from its all-time high as miners increasingly shift resources toward AI infrastructure, according to a CryptoQuant analyst.

📢 The SEC abruptly called off Friday’s vote on proposed crypto exemptions for startup fundraising, citing an unexpected scheduling conflict.

📢 Gold, the S&P 500 and other traditional assets are now among the largest markets by trading volume on perpetual DEXs, according to CryptoRank.

📢 ETFs have attracted more than $100B in inflows for 14 straight months, according to Bloomberg’s Eric Balchunas, who says $100B months are becoming the new normal.

📢 Ireland is tightening anti-money laundering (AML) checks on transfers involving private crypto wallets and foreign crypto firms.

📢 CryptoQuant says Bitcoin profitability has fallen into historically low levels, potentially signaling capitulation as weaker holders sell to higher-conviction buyers.

📢 Grayscale estimates that proposed changes to Ethereum and Solana’s tokenomics could lower annual supply inflation to around 0.4% for ETH and 1.1% for SOL by 2031, boosting scarcity while reducing staking yields.

📢 Grayscale says proposed tokenomics changes could lower annual supply inflation to around 0.4% for ETH and 1.1% for SOL by 2031, boosting scarcity while reducing staking rewards.

📢 Bitcoin ETFs recorded another $389.7M in weekly net outflows, while Ethereum ETFs posted $6.7M in net inflows.

📢 Anthropic investors reportedly expect the Claude maker to target a $2T+ valuation in an IPO as early as October, according to the FT. The bullish outlook is fueled by projected annualized revenue of $100B–$120B by year-end, although Anthropic has yet to set an official IPO valuation.

📢 Billionaire Paul Tudor Jones’ hedge fund raised its BlackRock Bitcoin ETF (IBIT) stake by 18.9%, ending a year-long selling streak. The fund now holds 688,529 IBIT shares, after selling throughout 2025 as Bitcoin approached its $124,000 peak.

📢 Never before has Bitcoin been below Fire Sale for so long.