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Lord Miles announced a 40-day “fast” in the desert but secretly placed thousands of dollars in bets against himself on Polymarket.

In the end, he failed the challenge but earned over $60,000.

Lord Miles is a British adventurer known for his extreme challenges.

Tether will nominate its own candidates to the Juventus board of directors.

In June, Tether became the second-largest shareholder of the Italian football club Juventus.

Tether’s CEO is Italian.

Lightspark CEO and former PayPal President David Marcus:

“BTC is still seriously undervalued compared to gold. It’s only a matter of time before its price reaches seven figures once it matches the size of the gold market.”

Matthew Sigel, Head of Digital Assets Research at VanEck, expects that after the next halving in 2028, Bitcoin’s market capitalization will reach half the size of the gold market.
At today’s prices, that would equal $644,000 per BTC.

According to Sigel’s estimates, roughly half of gold’s value is tied to its store-of-value function, while the other half comes from industrial demand. Therefore, Sigel conservatively uses half the size of the gold market as a benchmark for Bitcoin.

Coinbase and Mastercard have entered the race to acquire the stablecoin startup BVNK, according to Fortune.

Mastercard and Citi have already invested in BVNK.

#crypto #today

BNB Chain has taken first place among networks in terms of revenue from transaction and application fees over the past 24 hours.

Akash Network founder Greg Osuri announced that the project is ending support for its own blockchain built on the Cosmos SDK and will be moving to a new network.

Osuri called Solana (#SOL) “a strong contender for Akash’s new home,” but said that no final decision has been made yet.

The migration timeline has not been announced. A request for proposals from blockchain foundations is expected in the coming weeks.

Bhutan has announced the migration of its national digital identification system from Polygon to the Ethereum network.

The system will enable the country’s 800,000 citizens to store and use digital IDs to access online services.

Currently, the country holds 6,371 BTC on its balance sheet.

Paxos has minted $300 trillion worth of PayPal’s PYUSD stablecoins.

No one yet understands what’s going on.

Twenty minutes later, all $300 trillion were burned.

Apparently, someone hit the wrong key.

The Fear and Greed Index plummeted to 22 — extreme fear.

Last week, the total net outflow from spot Bitcoin ETFs amounted to $1.23 billion, while spot Ethereum ETFs saw outflows of $311.8 million.