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Bitwise adds in-kind redemptions to DOGE, APT ETF filings

Bitwise has amended its proposed Dogecoin and Aptos exchange-traded funds to include in-kind redemptions, according to filings on Thursday. The updates come as discussions around altcoin ETFs and redemption structures gain traction with US regulators.
In-kind redemptions allow investors to exchange
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Banking Committee chair sets September goal for market structure bill

US Senator Tim Scott, chair of the Senate Banking Committee, said the chamber would be aiming to pass legislation for digital asset market structure “before the end of September.”
In a Thursday “fireside chat” with Wyoming Senator Cynthia Lummis and White House crypto adviser Bo Hines, Scott said “
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Meta hires former OpenAI top talent amid AGI push

Tech company Meta has hired Trapit Bansal, a former key researcher at artificial intelligence company OpenAI, who was central to developing the firm's o1 reasoning AI model.
Bansal is the latest ex-OpenAI researcher to join the Meta team, following the addition of Lucas Beyer, Alexander
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US prosecutor intervenes in FTX-linked case, suggests resolution without trial

Jay Clayton, the former chair of the US Securities and Exchange Commission and now interim US Attorney for the Southern District of New York (SDNY), has suggested that prosecutors and defense lawyers may explore a “potential resolution” in the criminal case involving Michelle Bond, the wife of forme
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Bitcoin price pattern with 78% accuracy emerges, pointing to new BTC highs

Key takeaways:
Since 2021, 78% of Bitcoin's bullish engulfing patterns have led to new local highs, especially within broader uptrends.
Bitcoin has absorbed over $544 billion in capital since November 2022, pushing the realized market cap to $944 billion.
Bitcoin (BTC) closed Monday with a
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Core Scientific shares soar as CoreWeave revives buyout talks

CoreWeave — once a cryptocurrency miner and now a rising AI infrastructure provider — is reportedly in acquisition talks with Core Scientific, after increasing a previously rejected bid made last year to the Bitcoin mining firm.
A takeover bid could be “finalized in the company weeks,” The Wall
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Crypto firm for Deutsche, Street Street launches private stablecoin contract

Digital asset infrastructure provider Taurus has deployed a private contract for stablecoins designed to offer untraceability and anonymity.
Built on the Aztec Network, Taurus’ stablecoin contract combines zero-knowledge proofs with the compliance features of existing stablecoins, the company
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Bitcoin analysts say this must happen for BTC price to break $112K

Key takeaways:
Bitcoin’s weakening MVRV momentum could signal the start of the late stage of the bull cycle.
Spot and onchain transfer volume must recover for BTC price to break out
BTC bulls must flip the $108,000-$110,000 into new support.
Bitcoin’s 50% rally to $112,000 from its April lows b
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Bitcoin price starts 'normal and healthy' support test as $108K halts bulls

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Indian politician calls for Bitcoin reserve pilot as US embraces BTC

The national spokesperson for India’s ruling party called on the country to consider launching a Bitcoin reserve pilot, saying that it would be a strategic step toward economic resilience
In an article for India Today, Bharatiya Janata Party (BJP) spokesperson Pradeep Bhandari said the US strategi
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How to read a stablecoin attestation report and why it matters

Key takeaways
Stablecoin attestation reports provide third-party verification that each token is backed by real-world assets like cash and US Treasurys.
Attestation ≠ audit: Attestations are point-in-time checks, not deep financial audits, so users should still perform broader due diligence.
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