Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

August 29th. The attorney representing Federal Reserve Board Governor Lael Brainard contended that the mortgage dispute which led to Trump's request to fire her might have originated from an "unintentional paperwork mistake." The aim was to undermine Trump and FHFA Director Mark Calabria's fraud allegations. The legal team stated that even if there was an error, it was not done with intentional deception and no one was harmed, in line with the legal "substantive" standard. "The possibility exists that Brainard, long before joining the Board, might have mistakenly marked the home's use in the mortgage application. However, there was neither intent nor a substantive impact. This does not meet the 'just cause' necessary for removal." The attorney wrote in a filing for a temporary restraining order. The legal team also pointed out that Trump and Calabria did not even explicitly claim that Brainard reaped any benefits from the error or that the error was intentional. (Golden Finance) Earl

August 29th, xAI made an announcement about the launch of the efficient inference model Grok Code Fast 1, which showcased remarkable performance in AI-assisted programming. During the next 7 days, Grok Code Fast 1 will be freely accessible on mainstream AI programming platforms such as Cursor, GitHub Copilot, Cline, opencode, Windsurf, Roo Code, and Kilo Code. (Gold10)

On August 29th, as per Cointelegraph, the cryptocurrency asset management firm Bitwise has presented the latest Bitcoin price prediction. It is estimated that the price of Bitcoin will ascend to $1.3 million by 2035, primarily driven by institutional demand and Bitcoin's limited supply. This report was released as a part of Bitwise's "Bitcoin Long-Term Capital Market Assumptions," forecasting that Bitcoin will attain a 28.3% compound annual growth rate (CAGR) over the next decade, which significantly outpaces traditional assets like stocks (6.2%), bonds (4.0%), and gold (3.8%). In the base case scenario, Bitwise anticipates that Bitcoin will reach $1.3 million by 2035. In the bullish scenario, Bitcoin might soar to $2.97 million (CAGR 39.4%). And in the bearish scenario, it could plummet to $88,005 (CAGR 2%). This price range showcases the notable volatility in the Bitcoin market despite the growing participation of institutions. Bitcoin is no longer a market dominated solely by reta

On August 29th, based on market information, the US SEC has postponed a decision regarding the authorization of GrayScale's Ethereum Trust (ETHE) to incorporate staking functionality.

On August 29th, according to the Jupiter Data Dashboard, within the past 24 hours, in the Solana issuance platform market share ranking, pump.fun holds the top position with 83.4%, Letsbonk comes in second with 6.99%, and Believe takes the third place with 2.43%.

On August 29th, the Market Oversight Department of the U.S. Commodity Futures Trading Commission (CFTC) issued guidance on a Foreign-Based Trading Platform (FBOT) registration framework today. This framework is applicable to non-U.S. entities that are legally formed and operate outside the United States and wish to provide direct trading platform access to individuals located in the United States. The CFTC's FBOT registration framework is applicable to all markets, regardless of asset class, including traditional and digital asset markets. Acting Chairman Caroline D. Pham stated: "The release of today's FBOT guidance provides regulatory clarity for those who, due to the 'enforcement-based regulation' of the past few years, have left U.S. trading activities and are now seeking a legal return to the United States. By reaffirming the CFTC's longstanding practices of providing U.S. traders with diverse options to access the world's deepest and most liquid markets, as well as a wide range