Crypto advocates focus on Congress as GOP takes control of US gov't
The Republican Party now has total control over the United States Senate, the Executive Branch, and the House of Representatives.
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Bitcoin gained 1,900% in Trump’s first term: Will BTC price hit $1M this time?
Bitcoin could top $1 million per coin during Trump’s second term, according to historical price data.

Commonwealth Bank of Australia recognizes risks in missing out on crypto
“We see risks in participating, but we see bigger risks in not participating,” said CBA CEO Matt Comyn on the bank’s recent crypto adoption play. 248 Total views 25 Total shares Matt Comyn, the CEO of the Commonwealth Bank of Australia (CBA), said that the bank is more concerned about the risks of missing out…

5 things crypto must get right for mainstream adoption to happen
Crypto functions much like traditional fiat money, offering an easy way to pay for goods and services and compensate workers for their labor. What’s even more promising is that crypto offers a number of benefits over fiat, with its decentralized nature eliminating the need for centralized intermediaries. Depending on the blockchain, transactions can be processed…

Investor in Overstock’s Blockchain Firm TZERO Backs Out
Singaporean private equity firm Makara Capital said it will not invest in Overstock’s blockchain subsidiary tZERO.In an Overstock investor call on Aug. 26, Overstock’s interim CEO Jonathan Johnson said that Makara recently informed the firm that they “will be not investing in tZERO right now.”Medici Ventures will continue to support tZEROJohnson emphasized that Makara remains…

ZachXBT criticizes block explorers on L1 chains, calls for overhaul
ZachXBT identifies gaps in block explorer quality across several L1 blockchains, urging significant improvements.

Tether has ‘redistributed’ $108.8M in USDT from illicit activity since 2014
The most recent seizure of $5 million USDT from pig-butchering scams marks a “significant victory” in the ongoing fight against cyber fraud, according to Tether.

Top 5 cryptocurrencies to watch this week: BTC, DOT, LINK, XLM, THETA
Bitcoin (BTC) has attracted several institutional investors in the past few months, but with the market capitalization sustaining above $700 billion, many more institutions are likely to contemplate buying Bitcoin. Similarly, Ether (ETH) with a market cap of about $180 billion also cannot be ignored by the investors. The institutional adoption of the top two cryptocurrencies…

Celsius to distribute additional $127M from ‘Litigation Recovery Account’
The debtor’s estate for the failed crypto lending platform announced a second payment of $127 million to creditors, but some are still unhappy with the result.