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What Gives Me Hope About the Future of Public Health in the U.S.

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What Gives Me Hope About the Future of Public Health in the U.S.

And innovators are applying technology to problems that public health and health care have struggled to solve at scale. While it is too early to call them success stories, they are steps in the right direction. This month, the Coalition for Health AI launched PULSE, bringing public health agencies at state, tribal, local, and territorial levels together with technology companies to test responsible use cases of generative AI ranging from biosurveillance to multilingual communication. OpenAI and Anthropic are providing access to their technology, and lessons from participating health departments will be shared so others can build on what works. Akido is using AI to help street medicine teams care for hard-to-reach populations, using technology to increase the number of patients each clinician can see while maintaining strong retention in care and addressing public health concerns such as substance use. Jimini Health is using technology-enabled AI models made for mental health to extend care between visits, engaging patients between sessions while giving clinicians visibility into progress and allowing clinicians to prioritize what the models work on with patients.

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Ken Griffin’s Citadel posts best month in years after scooping up Situational Awareness stocks

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Ken Griffin's Citadel posts best month in years after scooping up Situational Awareness stocks

Ken Griffin, Founder and Chief Executive Officer of Citadel, speaks during the America Business Forum at Kaseya Center in Miami, Florida, U.S. Nov. 5, 2025.

Marco Bello | Reuters

Ken Griffin’s Citadel posted strong gains across its major hedge funds in July, helped by a recovery in risk assets and a discounted purchase of assets from the collapse of Leopold Aschenbrenner’s Situational Awareness to end the month, according to a person familiar with the firm’s performance.

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Citadel’s flagship multistrategy Wellington fund, the firm’s largest, returned 5.9% in July, marking its best monthly performance since 2022 and pushing 2026 gains to 12%, the person said. The tactical trading fund, which combines discretionary equity investing with quantitative strategies, gained 11.1% in July and is up 27% on the year. The equities fund advanced 14.2% last month, bringing 2026 return to 27%. Tactical fund and equities fund both had its best month ever. The person asked not to be identified discussing confidential performance figures.

The July gains came after Citadel acquired the bulk of the public-stock portfolio formerly held by Situational Awareness late last month, following the hedge fund’s rapid unraveling after steep losses triggered margin calls and forced asset sales. Citadel purchased many of the holdings at a significant discount, positioning the firm to benefit as markets rebounded into the month-end.

Situational Awareness, founded by former OpenAI researcher Leopold Aschenbrenner, was forced to unwind many of its positions after a sharp reversal in artificial intelligence trades left it bleeding on both sides of its book. The firm had accumulated sizable stakes in AI infrastructure companies while betting against software stocks, a strategy that backfired as software shares rallied and AI hardware names slumped.

Several of the fund’s prime brokers worked to reduce positions in an orderly fashion as Situational Awareness sought to meet margin requirements. Citadel emerged as one of the largest buyers of the portfolio, taking advantage of one of the year’s biggest forced liquidations.

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Stocks such as Nebius and Micron that Aschenbrenner’s fund owned rebounded in the final days of July following a brutal month with many traders saying the fund’s near collapse and rescue move by Citadel was a clearing event that caused short sellers to take profits.

Citadel managed about $71 billion in assets as of July 1 and has often used periods of market dislocation to deploy capital into distressed or forced-selling situations.

Citadel declined to comment.

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AI agent token AI16Z, once worth $2.4 billion, ends with founder calling it ‘dead’

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AI agent token AI16Z, once worth $2.4 billion, ends with founder calling it 'dead'

The firm filed a proposed class action in the Southern District of New York in April, alleging false advertising, deceptive practices, negligent misrepresentation and unjust enrichment. The complaint claimed the project marketed itself as an “autonomous, AI-run venture fund” even though Walters and other insiders controlled it. It also alleged that holders were diluted during the migration from AI16Z to ELIZAOS.

The rebrand followed objections from venture capital firm Andreessen Horowitz, commonly known as a16z, over the original name.

“Their claim was ridiculous, but we didn’t have the capital to legally fight it,” Walters wrote. He added that he once held tokens worth about $25 million in his wallet and watched their value fall toward zero.

CoinDesk has asked Eliza Labs and Burwick Law about the settlement terms, the status of the federal case and what holders received when the original daos.fun vehicle expired.

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How AI Agents were once a darling sector

AI16Z launched on Solana in October 2024 with a pitch built around an AI agent running a venture-style fund and token holders participating as partners. By late December, its daos.fun vehicle held more than $22 million in user-supplied tokens and was due to expire in October 2025.

The category began with Truth Terminal, an account run by New Zealand researcher Andy Ayrey that posted its own strange, quasi-religious material on X, and drew a $50,000 bitcoin donation from a16z founder Marc Andreessen in July 2024. A developer with no connection to it launched GOAT around its obsessions that October, and the token hit $1.2 billion within days.

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Dell Stock Surged 260% This Year, and Here’s All the Reasons Why

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Dell Stock Surged 260% This Year, and Here’s All the Reasons Why

Dell Technologies shares hit an all-time high on Tuesday, closing near $467 after climbing almost 9% in a single session and briefly touching $476.

The stock has now surged more than 260% year-to-date, driven by demand for artificial intelligence and repeated presidential endorsements.

Dell Stock Price Chart. Source: Yahoo Finance

The AI Numbers Powering Dell’s Record Run

TradingView data confirmed the breakout. After testing key support levels, Dell powered higher during the session, extending gains beyond previous peaks set in June.

Momentum carried into overnight trading. Shares advanced roughly 30% from recent support zones that had previously triggered sharp rebounds of 23%-29%.

The rally coincides with a broader boom in AI equities. Investors piled into server and data-center hardware stocks as confidence in sustained spending returned.

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The fundamentals support that enthusiasm. Dell reported $16.1 billion in AI server revenue in the fiscal first quarter, a 757% year-over-year increase. Guidance moved sharply higher, too. Management raised its full-year AI server forecast to $60 billion, underscoring the scale of the opportunity.

Fresh corporate news bolstered the narrative. The same day the stock hit its record high, Dell announced that the startup Volta had selected the company to power its first AI factory. The Norwegian deployment carries real scale.

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The 133-megawatt project will use Dell PowerRack systems with PowerEdge XE9812 servers featuring NVIDIA accelerators, supported by Dell Professional Services.

Volta emerged from stealth with a $2.4 billion valuation, backed by NVIDIA and Michael Dell’s family office. Its broader pipeline exceeds one gigawatt of near-term capacity.

The Political Tailwind and the Risks Ahead

Political support has provided an unusual tailwind. President Donald Trump has publicly urged Americans to go out and buy a Dell on three separate occasions within five months, most recently in early July.

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Those comments moved markets. Previous endorsements sparked intraday gains of up to 10% for the stock.

A relevant detail accompanies them, however. Trump holds a personal stake in Dell valued between $1 million and $5 million, according to disclosures reviewed by market observers.

The endorsements have kept the company in the public spotlight. That visibility reinforced positive sentiment at a moment when retail interest in AI hardware was already climbing.

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Caution has accompanied the enthusiasm, though. The parabolic rise has drawn scrutiny from traders who question how much optimism is already priced in.

Margins remain the persistent concern. Hardware businesses have historically operated on thinner margins than their software peers, and component costs remain volatile.

Concentration risk deserves attention as well. Dell’s trajectory now depends heavily on a single spending cycle continuing at its current intensity. History offers a warning here. Gains of this magnitude frequently invite sharp reversals once momentum fades or expectations reset.

The next earnings report arrives in early September. Investors will watch whether the company converts its massive order backlog into sustained profitability. That conversion defines the real test. Backlog reflects demand, while margins and cash flow reveal whether the business model scales profitably.

For now, robust demand, political visibility, and tangible contracts have propelled Dell to unprecedented heights. Whether that combination holds depends on the AI infrastructure buildout maintaining its pace.

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The post Dell Stock Surged 260% This Year, and Here’s All the Reasons Why appeared first on BeInCrypto.

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Can AI Free Women from the Mental Load of Caregiving?

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Can AI Free Women from the Mental Load of Caregiving?
—Malte Mueller—Getty Images

AI is disrupting the world of work. But can it disrupt gender inequality at home?

The rise of “Care AI” offers up a tantalizing vision, one in which the never-ending work of managing family life—the anticipating, planning, caretaking, troubleshooting, worrying, and remembering—is outsourced to and supported by AI. 

Can’t keep up with emails and updates from your child’s school? An AI personal assistant can summarize communications, prioritize action items, and send reminders about back-to-school night. Worried something is off with your elderly father? An AI agent can track his medications, monitor for warning signs, and draft emails to his doctors. 

Techno-optimism hails AI’s transformative potential to solve major social problems and address unmet needs. These arguments highlight how Care AI can augment our social capacity to care, alleviating the care crisis, while reducing the caregiving burden on women. 

On the face of it, such technological developments are welcome news. Despite recent upticks in the amount of time men spend on unpaid household work, women still do significantly more. And that’s especially true when it comes to the mental load. In most households, it is women’s enduring vigilance, problem-solving work, and emotional management that keep the wheels from falling off. 

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Studies show that the gendered division of cognitive labor is even more unequal than housework or childcare. And women pay an enormous price for holding everything together. Mothers who do a disproportionate share of the mental load have higher rates of depression, stress, and burnout. They are also more likely to report lower quality romantic relationships and to arrive at work already exhausted. An AARP survey found that four in 10 caregivers of adults say they rarely or never feel relaxed. 

This unpaid labor women do may leave them depleted, but its economic value has long gone unrecognized. Tasks like cooking or coordinating family logistics are typically excluded from measures of GDP. 

A new analysis turns this thinking on its head. A new report by consulting firm PwC provides an estimate of the socioeconomic value unlocked by AI assistive supports for unpaid household work. From AI-enabled wearable monitors that alert caregivers to problems to AI assistants that research options, streamline family routines, and prevent missteps, the value of technologies that bring efficiencies to “care and life management” and that “reduce friction in everyday life” is $330 billion, and that’s just assuming a 40% adoption rate. These gains are generated not only from time savings but from the decreased stress and higher well-being that results from AI reducing the cognitive load caregivers carry.   

Are techno-optimists right? Can Care AI offer women a better organized, fairer, and more carefree existence? History suggests otherwise.

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Technofeminism has long criticized the idea that technology is the solution to the problem that has no name. In her influential 1985 book, More Work for Mother, historian Ruth Schwartz Cowan documented how the rise of “labor saving” domestic technologies like washing machines and vacuums actually increased women’s load by raising cleanliness standards and expanding housewives’ responsibilities. Because technology is laid over existing cultural beliefs and social relations, it rarely fixes social problems. 

Innovation has not brought about women’s liberation. In fact, it’s added to women’s plates. Research has found that the uneven gendered division of labor extends to the digital realm, where women often take the lead on their family’s online communications and oversee and negotiate their children’s media use. Moreover, technologies that keep us continually connected have given rise to a relentless and transcendent type of caretaking. Far from feeling like they have less to do, women now feel like they are never off the clock. 

Indeed, Care AI arrives on the scene as parenting standards have become supercharged. The cultural ascendance of intensive mothering, in which mothers are deemed entirely responsible for their children’s well-being and success, has upped the ante. Mothers feel this pressure to be the perfect parent acutely. Compared to fathers, mothers tend to hold higher standards for “good parenting,” but nonetheless judge themselves more negatively and worry more about falling short. The all-consuming and unforgiving nature of motherhood today results in a sad irony. Women often do more than their own mothers, but feel like they are not measuring up.

To be sure, there are enormous upsides to Care AI. These technologies will enable more convenience, improved coordination, enhanced monitoring, and in many cases better care. Women stand to benefit from these developments. 

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An analysis of Japan and the U.K. estimated that automation could reduce time spent on unpaid work by 50 to 60%, decreasing women’s domestic workload by about three hours per day, and enabling 9.3% of working-age women in Japan and 5.8% of women in the U.K. to take up a job. Against the backdrop of a care crisis and high burnout, Care AI provides a lifeline that families desperately need. 

And there’s high demand. A new survey from LoigicMark, a provider of personal safety and connected care technology, found that almost eight in 10 caregivers would embrace or try AI that predicts health issues before an emergency happens.   

But for these gains to materialize, we must guard against Care AI creating even more intensive care standards. If “frictionless” family life becomes the norm, whatever downtime or peace of mind AI might give women will instead be consumed by datafication, mommymaxxing, and an endless quest for optimization.

In the end, what is most likely to ignite the gender revolution at home are not large language models but a cultural reckoning over why we continue to expect women to do it all and hold them to such impossible standards. 

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What’s really needed is for men to do more at home and for women to be given the green light to do less. In her recent book, anthropologist Carrie M. Lane shows how professional organizers do this kind of “feminist work.” Not only do organizers give their mostly women clients the permission to part with belongings, but also the permission to let go of exacting societal expectations like having a perfectly organized and spotless house. As one organizer explained, “Moms who are doing so much and have all this stuff and think they’re supposed to be able to handle everything… ‘You cannot do it all. You can’t. So, it’s okay.’” 

Until we upend these stubborn cultural beliefs, and until we have functional care systems, we’ll just have to watch as the tech bros get rich by monetizing ever more innovative ways for women to continue doing the mental load for free. 

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BlackRock Just Made Its $5 Billion Ethereum ETF Cheaper to Trade, Is $1,900 About to Break?

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In the latest Ethereum price prediction, ETH is trading at $1,871.32, down 0.66% in the last 24 hours, with the 24-hour range running between $1,861.59 and $1,880.32, a tight band that signals the market is coiling before its next directional decision.

The catalyst that could tip it either way is quietly being set up by institutional infrastructure, and most traders haven’t priced it in yet.

BlackRock filed with the SEC to effect a one-for-three reverse share split of its iShares Ethereum Trust ETF (ETHA) on October 6, consolidating three shares into one to raise the per-share NAV without altering investor holdings or total fund assets.

The practical effect, as Bloomberg Senior ETF Analyst Eric Balchunas noted, is a reduction in the bid-ask spread cost from approximately 7 basis points to 2 basis points, a meaningful reduction in friction for institutional flow.

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ETHA manages over $5 billion in AUM, making it the dominant ETH-based ETF by a wide margin. A cheaper spread on the largest ETH ETF in the market isn’t a cosmetic change.

It’s a structural improvement to institutional access that feeds directly into demand-side pressure on spot ETH, and given the current technical setup, the timing is worth tracking closely.

Ethereum (ETH)
24h7d30d1yAll time

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Ethereum Price Prediction: Can Ethereum Price Reclaim $2,000 After the BlackRock Catalyst?

ETH is sitting at $1,869 on the daily chart, and the macro picture here is brutal, down from nearly $5,000 at the 2025 peak to current levels, losing over 60% across a year-long downtrend with no sustained recovery taking hold at any point along the way.

The June low around $1,550 to $1,600 is the most important level on this chart right now, being the floor where price capitulated and bounced, and the recovery since then has brought ETH back to the $1,900 zone, which was the dotted support line from the February consolidation period.

That $1,900 level is now acting as resistance, and price has been hovering just below it for the past few weeks without a clean break, which is the key test the chart is currently running.

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Source: ETHUSD / Tradingview

A daily close above $1,900 and held opens $2,200 as the next target, and above that, $2,400 is the heavier resistance from the March to May distribution range.

On the downside, the $1,550 to $1,600 June low is the floor that cannot break without pushing ETH into multi-year lows, with very little support below.

The recovery from the June capitulation is the most constructive price action ETH has shown in months, but it needs to clear $1,900 convincingly to shift the narrative from dead cat bounce to genuine trend reversal attempt.

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LiquidChain Targets Early-Mover Upside as Ethereum Tests Resistance

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ETH’s recovery attempt is constructive, but reclaiming $2,000 from current levels still represents roughly 7% of additional upside on an asset that’s already run 14% in a week.

For traders who missed the initial move (and the institutional ETF angle only compounds the frustration), the risk/reward on chasing here is asymmetric in the wrong direction.

That’s the backdrop drawing capital toward early-stage infrastructure plays. LiquidChain (LIQUID) is an L3 infrastructure project positioning itself as the cross-chain liquidity layer, fusing liquidity from Bitcoin, Ethereum, and Solana into a single execution environment through its Unified Liquidity Layer and Deploy-Once Architecture.

Developers deploy once and access all three ecosystems; settlement is verifiable; execution is single-step. The presale is priced at $0.01487 per $LIQUID, with $930,199.26 raised to date.

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As with any presale, liquidity risk is real, and exit options are limited until a token generation event — DYOR applies here specifically.

That said, the infrastructure thesis, unified cross-chain execution at the L3 layer, targets exactly the fragmentation problem that BlackRock’s ETH ETF friction story illustrates. Research LiquidChain’s presale details here.

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The post BlackRock Just Made Its $5 Billion Ethereum ETF Cheaper to Trade, Is $1,900 About to Break? appeared first on Cryptonews.

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Bitcoin Price Prediction: Global Stocks Just Hit Record Highs, But Bitcoin Is Stuck Below $64,300 for the Fourth Time

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In the latest Bitcoin price prediction, it is trading at $64,068.82, down 0.42% in the last 24 hours, holding a narrow band between $63,958 and $64,508, even as global equity markets printed fresh records, a disconnect that deserves attention.

The $64,300 level is the short-term line in the sand, and whether BTC reclaims it cleanly or stalls below it will shape positioning for the next several sessions. Here’s what the data actually says about the path ahead.

Macro conditions on Aug. 5 were broadly constructive: the S&P 500 and Dow closed at all-time highs, Japan’s Nikkei gained 3.5% and South Korea’s benchmark surged 4.3%, while Brent crude slid toward $78.85 and the U.S. 10-year Treasury yield eased to roughly 4.603%.

Historically, cheaper oil and lower yields have lifted non-yielding assets like BTC. U.S. spot Bitcoin ETFs posted $19.6 million in net inflows on Aug. 4, a modest tailwind after a brutal $265 million outflow day on Aug.

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Strategy also sold 1,638 BTC for approximately $105 million, small relative to its 842,138 BTC stash, but it removed a reliable bid from the market. The macro setup is supportive; the crypto-native demand picture is not yet confirming it.

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Bitcoin Price Prediction: Can Bitcoin Break $64,300 and Reclaim Momentum This Week?

BTC is sitting at $64,092 on the daily chart, and the structure since the June low around $58,000 has been the most sustained recovery attempt since the broader downtrend began, with price grinding higher over 6 weeks and now pushing into the $64,000 to $65,000 zone which is the first meaningful resistance from the pre-June breakdown.

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The dotted line around $64,000 to $65,000 is the level that has been capping every push since July, and price is sitting right at it again, making this the third or fourth test of that ceiling without a clean break.

Source: BTCUSD / Tradingview

The more times a resistance level gets tested without breaking, the more likely it eventually gives way, but equally, every failed attempt adds to the overhead supply sitting there waiting to sell.

A daily close above $65,000 held over multiple sessions opens $68,000 first, then $72,000 as the next meaningful resistance from the May breakdown zone, and above that, the picture starts to look more constructive.

On the downside, $60,000 is the floor that needs to hold on to any pullback, and the June low at $58,000 is the absolute line that cannot break without the entire recovery from the lows collapsing.

Six weeks of higher lows off the June bottom is the most positive structure BTC has printed in months, but it means nothing until $65,000 actually flips.

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Bitcoin Hyper Targets Early-Mover Upside as Bitcoin Tests Key Levels

BTC consolidating below resistance while macro conditions look supportive is exactly the setup that drives capital toward earlier-stage plays with asymmetric upside potential. Spot BTC at this price offers limited near-term return relative to the volatility traders are absorbing, which is why presale infrastructure projects are drawing attention from active allocators who track Bitcoin’s ecosystem closely.

Bitcoin Hyper ($HYPER) is positioning itself as the first Bitcoin Layer 2 with Solana Virtual Machine (SVM) integration, delivering sub-second smart contract execution while anchoring to Bitcoin’s security model.

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The pitch is direct: solve Bitcoin’s core limitations (slow transactions, high fees, zero programmability) without sacrificing trust. The presale has raised $33,002,521.93 at a current token price of $0.0136842, with staking already live. The Decentralized Canonical Bridge for native BTC transfers is a technically meaningful differentiator.

The project recently crossed $33M raised, a signal of sustained demand, not a one-session spike. Presales carry real risk: tokens are illiquid until launch, and infrastructure projects face execution risk at every stage. Research the roadmap carefully before committing capital. Research Bitcoin Hyper here.

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WSJ Editorial on CLARITY Act Sparks Pushback From Crypto Leaders

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The Wall Street Journal’s editorial board came out against the CLARITY Act on August 4, 2026, opening with the argument that Congress “often passes legislation riddled with policy land mines” it doesn’t want to defuse.

Crypto lawyers, an asset manager and a former senator spent the day picking apart specific lines from the piece, arguing several of its central claims run backward from what the bill actually says.

Fact-Checks Target Stablecoin, AML, and Securities Claims

The op-ed, titled “Clarity for Crypto, Sort Of,” raised three main objections. It argued stablecoin issuers could get around the GENIUS Act’s ban on paying interest by striking deals with exchanges to hand out “rewards.”

It said decentralized networks would dodge anti-money-laundering and know-your-customer rules by operating like eBay, with an operator taking a cut while users transact directly. And it argued the bill leaves regulators to sort each token into either a security or a commodity.

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Andreessen Horowitz crypto general counsel Miles Jennings posted a side-by-side comparison against the bill’s July 22 consolidated draft and said all three claims ran opposite to the actual text. On rewards, he noted GENIUS bars only issuers from paying yield, while CLARITY expands that ban to exchanges and their affiliates, adds anti-evasion rules, and sets penalties up to five million dollars per violation.

On AML, he said a decentralized system with a controlling operator already fails the bill’s own test for what counts as DeFi, so it gets regulated as an intermediary rather than exempted. On securities, he said the bill doesn’t sort tokens into categories at all. It separates the fundraising transaction, which stays under the SEC, from the token itself, which trades as a digital commodity under the CFTC.

Ji Kim, President and Acting CEO of the Crypto Council for Innovation, posted a longer thread making similar points, citing FDIC data he said showed no link between stablecoin rewards and deposit flight, and said the work behind the bill “deserves respect, full stop.”

Former Senator Pat Toomey argued that banks are regulated for risks tied to lending against demand deposits, not simply for paying interest, and that stablecoin issuers face no such mismatch since GENIUS already requires full cash backing.

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Coinbase Chief Policy Officer Faryar Shirzad, ETF analyst Nate Geraci and lawyer Amanda Tuminelli each posted their own objections, with Geraci calling the AML section of the op-ed “almost comical.”

Bill’s Path Through Congress Remains Uncertain

The CLARITY Act’s odds of passing this year have been sliding for weeks, separate from the WSJ dispute. Prediction markets put its chances at roughly 23 percent as of August 5, down from near 70 percent earlier this year.

Talks between Senator Thom Tillis and Senator Ruben Gallego over ethics provisions covering federal officials have stalled, with the White House yet to respond to a counteroffer as the Senate’s August recess approaches.

Michael Saylor, executive chairman of Strategy, said in the last day that Bitcoin will succeed whether or not the bill passes, though he added that “America needs clarity for digital assets.”

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Dogecoin (DOGE) Crashes to a 3-Year Low, Yet Analysts Expect a Big Move Up Ahead: Details

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The biggest meme coin is deep in the red on a monthly scale, performing much worse than leading cryptocurrencies, such as Bitcoin (BTC) and Ethereum (ETH), over that period. Moreover, it collapsed to its lowest level since the autumn of 2023 before slightly regaining some of the losses.

Nonetheless, optimism among analysts is running high, with many expecting a strong rebound in the short term.

Major Bullish Signal

As of press time, DOGE trades below $0.07, boasting a market capitalization of around $10.8 billion. This positions it as the 10th-biggest cryptocurrency, yet its decline over the past few years is more than evident.

X user Ash Crypto noted that the meme coin recently plunged to a three-year low of roughly $0.067 and is down 90% from its all-time high. The analyst also told their more than two million followers that DOGE’s monthly Relative Strength Index (RSI) has reached its most oversold level since the 2022 market bottom.

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Such a development is usually interpreted as a bullish signal, as it points to seller exhaustion, meaning the downtrend is potentially losing strength. Conversely, overbought territory is considered a warning for a possible impending correction. MikybullCrypto also touched upon the matter, envisioning a rise to a new historical peak during the next bull run:

“You don’t remain bearish at this current macro support level. The most oversold level in RSI. $1 is coming next during its bullish reversal.”

Is DOGE Waking up?

Another positive comment came from Ali Martinez. The renowned analyst revealed that weekly active DOGE addresses have jumped 16%: from around 38,000 toward the end of July to roughly 44,000 as of now, indicating a sharp increase in on-chain activity.

This can be interpreted as a bullish signal, as it shows that more users are returning to the network, which often strengthens momentum and can support a potential upward move.

Not long ago, Martinez chipped in again, revealing that DOGE’s TD Sequential indicator has flashed buy signals on the monthly, weekly, 3-day, and daily charts. He described this as a rare setup that could be a precursor to a major price rally.

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Can Ethereum price break $2,000 as EIP-8361 divides builders?

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Ethereum daily chart shows ETH near $1,868, below the 20-, 100- and 200-day moving averages.

Ethereum price traded near $1,868 on Aug. 5 as it compressed below a descending trendline, while debate over EIP-8361 added a new variable to the market outlook.

Summary

  • Ethereum price remains below $1,900, with the daily chart showing resistance between $1,887 and $1,918.
  • A 4-hour descending channel places $1,875 as the first breakout level for buyers.
  • Liquidation clusters near $1,900 and $1,940 could accelerate an upside move if resistance breaks.
  • EIP-8361 would gradually burn validator rewards, reaching a 100% burn rate at a 50% staking ratio.

Ethereum price struggles below $1,900

According to data from crypto.news, Ethereum (ETH) price was trading at $1,868 at the time of writing, little changed over the previous 24 hours. The price has repeatedly failed to hold above $1,900 since late July, leaving the psychological $2,000 level out of reach.

The daily chart shows ETH trading below its 20-day simple moving average at $1,887.53. The 100-day SMA at $1,918.22 creates another resistance level, while the 200-day SMA remains higher at $2,074.86.

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Ethereum daily chart shows ETH near $1,868, below the 20-, 100- and 200-day moving averages.
Ethereum price daily chart — Aug. 5 | Source: crypto.news

That structure leaves Ethereum below three of its four major moving averages. ETH is still holding above the 50-day SMA at $1,788.07, however, preserving the recovery that began after the June sell-off near $1,500.

The Bull Bear Power indicator has slipped to minus 14.96. The negative reading suggests sellers retain a small advantage, although the indicator remains far above the deeply negative levels recorded during the June decline.

ETH approaches a descending-channel breakout

The 4-hour chart places Ethereum near the upper boundary of a descending channel that has guided price lower since the July 27 peak near $1,975.

Ethereum 4-hour chart shows ETH testing descending-channel resistance near $1,875, with weak momentum and slightly negative money flow.
Ethereum price 4-hour chart — Aug. 5 | Source: crypto.news

The immediate breakout area sits between $1,875 and $1,885. A 4-hour close above the channel and the daily 20-day SMA would give buyers an opportunity to retest $1,900.

Momentum remains weak rather than decisively bearish. The Aroon Up reading stands at 14.29%, while Aroon Down is at 0%. Both readings being near the bottom of their range indicate that neither side has established a strong short-term trend.

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Chaikin Money Flow is slightly negative at minus 0.02. That points to modest net selling pressure and shows that ETH has yet to attract the sustained capital inflows needed for a clean breakout.

Failure to clear the channel could send Ethereum back toward $1,850. Below that, the 50-day SMA around $1,788 and the psychological $1,800 level form the main support zone.

Liquidation levels could pull ETH toward $1,940

CoinGlass’ one-week liquidation heatmap shows several pools of leveraged positions above Ethereum’s current price.

Ethereum one-week liquidation heatmap shows major liquidity clusters near $1,900 and $1,940, with downside liquidity around $1,850 and $1,820.
Ethereum liquidation heatmap | Source: CoinGlass

Liquidity has accumulated around $1,890 to $1,905, with a much larger concentration near $1,940. These levels could act as short-term price magnets if ETH breaks above its descending trendline.

A move through $1,940 would open the way toward $1,975 and $2,000. However, the daily 100-day SMA at $1,918 must first be reclaimed for the bullish setup to gain credibility.

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Liquidity is also visible below the market around $1,850, $1,820 and $1,800. A rejection below $1,900 could therefore trigger long liquidations and pull ETH toward the lower clusters before another recovery attempt.

Analyst Michaël van de Poppe identified $1,800 as the decisive support level. He expects a break above $2,000 to place $2,300 to $2,500 within reach.

“ETH holds a crucial support level at $1,800,” van de Poppe said. “A breakout to $2,000+ is simply on the horizon.”

EIP-8361 brings staking rewards into focus

The technical test comes as Ethereum developers debate EIP-8361, a draft proposal designed to taper consensus-layer issuance as the share of staked ETH increases.

The proposal would burn a progressively larger share of validator rewards. At a 50% staking ratio, all newly issued consensus rewards would be burned instead of paid to validators. Transaction fees and maximal extractable value would remain separate sources of validator income.

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EIP-8361 is not a hard cap on how much ETH can be staked. Instead, it seeks to remove the issuance-based incentive to keep staking once the ratio approaches 50%. The proposal remains under discussion and has not been approved for a network upgrade. Six authors, including Ethereum Foundation researcher Justin Drake, submitted the draft on Aug. 4.

The plan has divided members of the Ethereum ecosystem. Aave founder Stani Kulechov argued that developers should prioritize privacy and Ethereum’s role in the financial system instead of adjusting staking issuance.

Ted Pillows supported that view, writing:

“ETH should be focused on capturing more value and scaling the network. Build a valuable, scalable flywheel, not spend time talking about reducing staking fees.”

The proposal could support ETH’s long-term supply outlook by limiting new issuance, but it does not provide an immediate price catalyst. Its near-term effect remains largely tied to market expectations and the debate over validator incentives.

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Can Ethereum reclaim $2,000?

Ethereum’s first bullish confirmation would be a 4-hour close above $1,885, followed by a daily move through the $1,918 to $1,940 resistance range.

Clearing those levels could trigger short liquidations and allow ETH to retest $1,975 and $2,000. A sustained break above $2,000 would then bring the 200-day SMA at $2,074 into focus.

The bearish scenario begins with another rejection below $1,900. Losing $1,850 would expose $1,820 and $1,800, while a daily close below the 50-day SMA at $1,788 would weaken the broader recovery structure.

For US investors, Ethereum’s ability to reclaim $2,000 will depend more on spot demand, broader risk appetite and institutional flows than on EIP-8361 alone. The proposal may shape ETH’s longer-term issuance policy, but price must first escape its short-term descending channel.

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

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Crypto World

Bitcoin ETFs See Inflows as Cold-Wallet Hack Revives Custody Debate

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Crypto Breaking News

Spot Bitcoin ETFs in the United States continued drawing attention from investors, posting net inflows of $211.5 million on Tuesday, after $170 million of inflows the prior day, according to SoSoValue data. The renewed demand comes as a high-profile Coldcard hardware wallet incident is prompting fresh debate over how safely digital assets are protected—especially in comparison with regulated, institutional custody.

The inflow rebound also aligns with early reassessment of the potential impact of the Coldcard hack. Galaxy Research has estimated the incident could have affected up to 7,300 addresses and may have led to roughly $130 million in suspected Bitcoin losses for users of the hardware wallet, based on its own analysis shared on social media.

Key takeaways

  • SoSoValue reports spot Bitcoin ETFs pulled in $170 million on Monday and $211.5 million on Tuesday, signaling a return of daily demand.
  • BlackRock’s iShares Bitcoin Trust (IBIT) led the recovery with $111 million in inflows on Monday and $170 million on Tuesday, per Farside Investors data.
  • Galaxy Research estimates the Coldcard incident may have impacted as many as 7,300 addresses, with suspected losses around $130 million.
  • Bloomberg Intelligence’s Eric Balchunas said the custody narrative could shift as investors compare institutional safeguards with smaller crypto players.
  • Bitcoin was broadly stable as traders weighed custody concerns alongside other selling pressure, including a reported 1,638 BTC sale by Strategy.

Spot Bitcoin ETFs rebound as capital returns

ETF flows suggest demand is not confined to a single fund—though the largest products remain the main drivers. Farside Investors data shows IBIT led Monday and Tuesday inflows, contributing $111 million on Monday and $170 million on Tuesday.

Fidelity’s Wise Origin Bitcoin Fund (FBTC) followed with approximately $33 million in inflows on Monday and around $20 million on Tuesday. Invesco Galaxy Bitcoin ETF (BTCO) recorded $6.7 million in inflows on Monday—its first positive daily flow since July 1—according to Farside.

For investors, the timing matters. Coldcard-related headlines are reintroducing risk questions that many ETF investors previously treated as settled through regulated custody frameworks. When inflows rise during a period of heightened security discourse, it can be interpreted as a renewed preference for products where asset protection is managed within established financial systems.

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Galaxy Research keeps the Coldcard impact in focus

Galaxy Research has been one of the most prominent groups tracking the Coldcard incident, with estimates that attempt to quantify both exposure and potential losses. In posts shared by Galaxy Research personnel, including firmwide research head Alex Thorn, the analysis has highlighted possible affected addresses and the scale of suspected stolen funds linked to users of the device.

While the figure of “up to 7,300 addresses” and roughly “$130 million” in suspected losses are estimates rather than confirmed outcomes for every impacted user, the essential point is that the hack underscores the operational risks that come with self-custody—particularly for hardware wallet users who expect their security model to hold under real-world conditions.

The ETF market’s ability to absorb investor worry depends on how quickly investors can translate those risks into a decision. Tuesday’s strong inflow data suggests many were willing to do exactly that, at least in the short term.

Custody debate: when “institutional” starts to look like a feature

Bloomberg Intelligence ETF analyst Eric Balchunas argued that the Coldcard hack could push some investors toward Bitcoin ETFs by changing how custody is perceived. In a Tuesday post on X, Balchunas framed traditional custodial responsibility as increasingly attractive—suggesting that what some in crypto culture once dismissed as a “bug” (reliance on legacy financial institutions) may appear like a “feature” once investors compare those systems to the realities of security failures elsewhere.

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Balchunas also pointed to additional ETF-market shifts that are affecting investor expectations around the product landscape, including the closure of Hashdex’s spot Bitcoin ETF and a planned reverse split for BlackRock’s Ethereum ETF, according to related reporting and a regulatory filing referenced in the original discussion.

For market participants, these changes matter because product availability and investor access can influence where flows ultimately land. Even if the Coldcard incident is the immediate catalyst for attention, the broader structure of the ETF market—what exists, what’s closed, and what changes operationally—affects whether risk-off moves translate into reduced exposure or reallocations within the ETF suite.

Bitcoin price holds steady as traders weigh selling pressure

Bitcoin remained relatively stable as traders processed both the Coldcard incident and other potential sources of pressure. At the time of publication, BTC traded around $64,113, down about 0.8% over the prior seven days, according to CoinGecko, with the period’s low falling below $62,500.

Alongside custody headlines, observers also cited additional selling activity, including a reported 1,638 BTC sale by Michael Saylor’s Strategy. That adds another layer to how traders may interpret ETF inflows: if ETFs are attracting new capital while other wallets are still moving coins, price stabilization can occur even without immediate net buying pressure overwhelming other flows.

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Not all analysis has treated the Coldcard-related movement risk as negligible. Some commentators argued that moving or converting stolen funds could be more difficult because blockchain transactions are publicly visible. In an X post, commentator Shagun suggested that large transfers would likely draw scrutiny from blockchain researchers, exchanges, and other market actors.

What to watch next

Investors will likely keep an eye on whether spot Bitcoin ETF inflows persist beyond the current rebound and whether any further incident-related assessments clarify the true extent of the Coldcard exposure. Separately, traders may watch on-chain behavior for signs of how any stolen funds move—because the custody story may change again depending on whether attackers can liquidate quickly or face increased friction.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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