With BTC at one point falling below $90,000, major cryptocurrencies are deeply in the red. btc -4% $91,300. Ethereum is -5% at $3,050, BNB is -2% at $915, and Sol is -3% at $137. Icp (+9%), aster (+7%), and hype (+5%) were at the top. Crypto Fear and Desire remains in extreme fear at 11 and has now been in that range for the 6th day in a row. After falling below $92,000 (and briefly below $90,000), Bitcoin erased its 2025 gains and is now down 2% year-to-date. The CBOE has announced “continuous” Bitcoin and Ethereum futures with a 10-year term as a criminal-like alternative. The White House is considering allowing the Internal Revenue Service to track and tax virtual currency holdings on foreign exchanges. Vitalik Buterin and the Ethereum Foundation launched kohaku as a new initiative that embeds privacy and security into the Ethereum wallet rather than treating it as an add-on. Trump International Maldives has announced the tokenization of its real estate stake to allow investors to buy blockchain-based stakes in the 80-villa luxury resort. Hive shares soared after posting record earnings in the second quarter and winning new AI infrastructure deals as investors turned to miners despite widespread weakness in cryptocurrencies. Japan changes cryptocurrency tax rules, lowering cap gains from 55% to 20%. Coinbase Ventures announces investment in USD AI.
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