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    Coinbase : Circle Will Take Full Control Over USDC Issuance And Governance

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    The secret to successful branding in Web3: The science of choosing

    However, in crypto marketing, the inability to choose is treated as a universal feature, not a bug. For founders, there’s nothing like having the freedom to be everything to everybody all the time. Right? On your website, your investor decks, your whitepaper, your social channels and your blog, you boast: This brand is all about the tech. Continue Reading on Coin Telegraph More

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    Ethereum Founder Vitalik Buterin Transfers 600 ETH to Coinbase: Time to Sell?

    Adding depth to the narrative, esteemed on-chain tracker Lookonchain offers insights into Buterin’s recent activities. According to their comprehensive analysis, Buterin embarked on a strategic financial maneuver. He began by settling his 251,000 RAI loan on the Maker protocol, followed by withdrawing 1,000 . Notably, today’s 600 ETH transfer to constitutes a part of this larger series of transactions.ETH to USD by Historically, insider selling or significant figures divesting from projects has been associated with an anticipation of market contractions. The market, which has witnessed a downward trajectory since the start of today’s trading session, has found itself under additional strain due to Buterin’s recent move.Amid the speculation and market ripples, it is worth noting that Buterin’s primary wallet, cryptically named “vitalik.eth,” maintains a holding of 3,935 Ethereum tokens, a stash valued at an impressive $6.57 million. This intriguing development leaves enthusiasts grappling with a pivotal question: does the transfer signal a step in the face of potential market shifts, or is it merely a strategic financial maneuver within Buterin’s broader vision?This article was originally published on U.Today More

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    Bitcoin (BTC) Current Price Drop Explained by Crypto Analyst

    At the time of writing, BTC had fallen slightly in the previous 24 hours to $26,011, trading around a two-month low after losing over 12% in the previous seven days.Crypto expert , CEO and founder of ITC Crypto, explains Bitcoin’s recent price drop in a new tweet.Cowen notes a historical pattern that frequently occurs in August and September, resulting in a BTC price correction. He finds that, as in every previous cycle, Bitcoin frequently fell below its bull market support band (BMSB) in August and September of its pre-halving year.This dip coincides with a drop in the SPX, which is down roughly 5% this month. Cowen points out that this is not unusual, as prehalving years saw both bulls and bears “rekt.”Cowen pointed out this historical trend at the beginning of August, indicating that in the previous three prehalving years, Bitcoin went below its bull market support band in August and September.According to him, the goal of this correction is to flush out scams and cash grabs before the BTC halving event.This historical tale unfolded as fell below its bull market support band (BMSB). Following the significant sell-off experienced in the previous week, Bitcoin closed below the bull market support band for the first time since early January.Last week’s drop in Bitcoin was the largest since the bankruptcy of the FTX crypto exchange in the fourth quarter of 2022. BTC’s year-to-date gain is now 57%, down from 90% as of mid-July.This week, top central bankers will gather in Jackson Hole for the Federal Reserve’s annual conference. Fed Chair Jerome Powell’s remarks on Friday will be keenly scrutinized for hints about the Fed’s policy outlook.Analysts forecast the S&P 500 stock index to fall another 2% to 3%, with Bitcoin falling to around $25,000. The crypto industry is still hoping for a boost from pending applications to launch U.S. spot Bitcoin and Ether futures exchange-traded funds.This article was originally published on U.Today More