Sam Altman's World Project to Introduce Eye-scanning Orbs in US Cities

Citigroup is considering issuing its own stablecoin for cross-border payments, following other banking giants exploring similar initiatives. The bank aims to enhance its blockchain solutions to compete with crypto-native options, as the stablecoin market continues to grow rapidly.

The U.S. Securities and Exchange Commission has postponed its decision on in-kind redemptions for Bitwise Bitcoin ETF Trust and Bitwise Ethereum ETF, with a new ruling date set for September 8. This delay is part of regulators' cautious approach despite a more favorable political climate for crypto.

Coinbase and MicroStrategy achieved record highs in stock prices and market capitalization, driven by the recent surge in cryptocurrency prices. While Coinbase hit an all-time high of $405.88, MicroStrategy's market cap exceeded $128 billion, with both stocks showing significant gains over the past week.

XRP's price reached a six-month high with notional open interest for the third largest cryptocurrency surging to record levels. XRP perpetual futures saw over $8.8 billion in open interest, with Bitget and Binance leading in centralized exchanges.

Cathie Wood's investment firm sold shares of ARK 21Shares Bitcoin ETF and Coinbase Global Inc. to potentially capitalize on market momentum and reduce exposure before the CPI release. The sales coincided with Bitcoin hitting a new all-time high and Coinbase facing regulatory pressures.

Roger Ver, known as "Bitcoin Jesus," has sued Spain over extradition to the U.S. for tax evasion charges. His legal team argues that the extradition order violates his right to liberty due to legal uncertainties in the U.S. tax treatment of crypto.

Talos is acquiring Coin Metrics to expand its services for institutional investors, joining a trend of crypto M&A deals this year. The deal, reportedly valued at $100 million, marks Talos' largest acquisition and aims to create an integrated institutional platform.

Trump's criticism of Fed Chair Jerome Powell led to volatility in the crypto market, with Bitcoin's price fluctuating between $119,000 and $119,650. Despite reports suggesting Trump might fire Powell, he stated he has no immediate plans to do so.

The House narrowly passed three major crypto bills after a dramatic vote, with some Republicans changing their votes to "yes" at the last moment. Despite initial opposition, President Trump convinced holdouts to support the bills, allowing Crypto Week to continue as planned.

Meme coins like Dogecoin, TRUMP, and MELANIA are experiencing significant gains, with Dogecoin leading the pack with a 6.7% increase in the last 24 hours. Solana-based tokens, including PUMP, UFD, and MICHI, have also seen substantial growth.