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A federal judge has certified a class of investors who allege that Nvidia and its CEO concealed the extent of gaming GPU revenues tied to crypto mining between 2017 and 2018. The court order highlighted internal emails and statements revealing the impact of crypto mining on Nvidia's business.
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Arthur Hayes, former BitMEX chief, predicts that the European Central Bank's excessive money printing to tackle France's debt will benefit Bitcoin, leading to a rise in its price. Hayes believes that Bitcoin will continue to surge despite the euro's challenges.

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XRP is making a push towards $3.00, up 4% today and 9% in the last month, with a market cap over $182 billion. The technical analysis shows XRP at a critical point, with indicators suggesting caution for traders.

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Moonbirds, a recently resurgent Ethereum NFT project, is launching BIRB, an ecosystem token on Solana. The collection, acquired by Orange Cap Games, aims to revitalize through the token launch, following a turbulent history of ownership changes.

bitcoinmagazine.com
If the initial $1,200 COVID-19 stimulus check had been invested in Bitcoin in April 2020, it would now be worth approximately $21,617, marking a significant 1,701% gain. Additional stimulus payments could have further increased the value, potentially exceeding $50,000 today.

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The Solana meme coin MELANIA, promoted by the First Lady, saw a 7% increase in the last 24 hours, trading at $0.182. Despite a 12% weekly increase, it remains 99% down from its all-time high of $13.05 in January.

Blockworks
The US government shutdown is causing delays in approving new crypto ETFs and impacting pending regulatory matters, such as the crypto market structure bill and the GENIUS Act policies. Lawmakers are still working on legislative tasks despite the shutdown, with the Senate Banking Committee planning to proceed with the market structure bill.

Decrypt
Avalanche Treasury Co., backed by the Avalanche Foundation, is set to acquire a significant amount of AVAX through a merger with Mountain Lake Acquisition Corp. The company plans to focus on institutional AVAX exposure, with an initial $200 million token purchase at a discounted price.

Blockworks
Lighter, a new entrant in the perpetuals race, has launched its public mainnet as an Ethereum-settled alternative with custom zero-knowledge circuits for verification and asset custody on Ethereum. The platform aims to offer centralized-style performance while anchoring settlement and finality to Ethereum.

Coindesk
The DoubleZero Foundation has launched its mainnet-beta, providing a private highway system for blockchains to communicate faster and more efficiently. By using DoubleZero's fiber routes, Solana validators can process transactions with reduced lag, improving performance and reliability for end users.
Forbes
GSR, a major crypto market maker, is acquiring Equilibrium Capital Services to fast-track its entry into U.S.-regulated securities activity. This move allows GSR to offer investment banking services to traditional companies and crypto startups seeking to raise funds.