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Republican presidential candidate Donald Trump extended his lead on Polymarket over Democrat presidential runner Kamala Harris after a strong speech with Elon Musk, the billionaire Tesla CEO.
Bitcoin Bitcoin
btc
2.58%
Bitcoin rose slightly to $62,500 while Solana (SOL) jumped by 3% to $140. FTX Token (FTT) was the best top-100 cryptocurrency as it jumped by 20%. It has risen by over 80% from its lowest level this month.
The Boerse Stuttgart Group, the second-largest exchange in Germany, has completed its blockchain tests conducted as part of the European Central Bank (ECB) initiative.

As part of the ECB’s blockchain tests, the Boerse Stuttgart Group was the first to pilot the settlement of exchange transactions involving blockchain-based securities against central bank money.
The bitcoin price has more than doubled over the last year, pushed higher by the world's largest asset manager BlackRock's embrace of bitcoin and crypto—with a surprise BlackRock spot bitcoin exchange-traded fund (ETF) price shock just around the corner.
German authorities have taken down 47 cryptocurrency exchange services in a crackdown on illegal money laundering activities.
A bitcoin investor has pleaded guilty to underreporting his cryptocurrency gains, including $3.7 million from BTC sales, resulting in a tax loss to the Internal Revenue Service (IRS) of over $550,000. The Department of Justice emphasized that taxpayers must accurately report crypto transactions to the IRS.
As crypto.news reported, some of August’s CEX activity included billions in Bitcoin outflows from platforms like Binance and Coinbase. Investors withdrawing from crypto exchanges may be regarded as a bullish sign.
Spot crypto ETFs recorded multiple outflows; Telegram’s Pavel Durov talks arrest; Ripple co-founder backs Kamala Harris ahead of her debate with Donald Trump.
$LUMOS go to moon
There are 85,400 crypto millionaires worldwide, which is a 111% increase from the past year, a new report reveals.

International wealth and investment migration specialists from Henley, highlighting how Bitcoin rally over the past year has created more crypto millionaires.
Painting by Kate Revill | Artmajeur
Crying nature Drawing by Vladyslava Cherepko Saatchi Art
The United States (U.S.) financial regulators are moving to bring cryptocurrencies under the same reporting requirements as traditional fiat currency, signaling a major step towards integrating digital assets into the mainstream financial system.
Former President Donald Trump owns more than $1 million in cryptocurrency and made $300,000 on branded Bibles, a personal financial disclosure form released Thursday shows.
very beautiful...
The whirling night sky and bright stars in Van Gogh’s “Starry Night” inspired astonishment and amazement. The dynamic brushwork and dazzling hues convey the artist’s deep emotional connection to nature, making it a timeless classic. The comparatively abstract art is the perfect example of van Gogh’s creative application of thick brushstrokes. Van Gogh painted this in an institution in Saint-Rémy, France.
Donald Trump Jr. has announced plans to launch a new decentralized finance (DeFi) cryptocurrency platform to address inequality in banking access. However, the platform is still in the early stages and will take some time to become a reality.
The weather is very hot
From Aug. 4 to 5, the crypto market experienced a significant drawdown. Bitcoin Bitcoin
BTC
-8.58%
Bitcoin fell below $50,000, and Ethereum Ethereum
ETH
-15.61%
Ethereum — $2,200. Following BTC and ETH, other crypto assets from the top 10 by capitalization also were in freefall.
In the past 24 hours, Solana (SOL) has suffered the steepest decline among them. Following a seeming shift in market sentiment coming on the back of an underwhelming jobs report, Solana’s price plummeted by more than 7% in 24 hours.