The Kujira team says the treasury is not at risk, and proposes the formation of a DAO to manage the treasury and core protocol.

Fed chair Powell said that the central bank could consider lowering rates at its next meeting in September.

The ETH/BTC ratio rebounded as spot Ether ETF flows turned positive on July 30.

Key events this week include the FOMC meeting and Big Tech earnings from Apple, Amazon, and Meta.

The federal government transferred $2 billion worth of Bitcoin on Monday, according to Arkham Intelligence.

Trump asserted that he would fire SEC chair Gensler and ensure the federal government retains its Bitcoin holdings if he is re-elected.

At least 22 celebrities used Pump.fun to launch memecoins but most have abandoned their projects.

Crypto traders get some relief as BTC and ETH rally 5% and 3%, respectively.

In the past 24 hours, $290 million of leveraged crypto positions have been liquidated.

Ethereum’s ETH is flat in the past 24 hours even after ETFs drew in more than $100 million of inflows.