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Bitcoin dropped below $77,000 after Fed Chair Kevin Warsh renewed higher-rate concerns at Jackson Hole. The move helped drive a $488 million crypto liquidation cascade, with Bitcoin down about 4% over 24 hours.
Solana’s first network-wide vote narrowly approved a proposal to double disinflation after Kraken- and Galaxy-linked validators switched sides near the finish. The decision is directly relevant to SOL’s token-supply framework.
Bitcoin fell to $78,400 after failing to break decisively above $80,000. Traders assessed Fed Chair Kevin Warsh’s Jackson Hole speech, which remained cautious about US inflation despite softer recent readings.
Fed Chair Warsh’s first Jackson Hole keynote gave Bitcoin traders no indication of the Fed’s September rate decision. With inflation still running hot, markets remain without clear guidance on near-term monetary policy.
HMRC’s first breakdown shows 17,600 UK taxpayers declared £1.38 billion in crypto gains. Just 240 crypto millionaires accounted for more than half, with most filers under 55 and 87% men.
Visa is expanding its South Korean stablecoin payments strategy through Dunamu, operator of the country’s largest exchange, Upbit. CoinDesk says the move follows a separate agreement with Shinhan Financial.
Avalanche Treasury is reinforcing its shareholder-value strategy after a reported $44 million hit. CryptoSlate said the authorization targets a market disconnect, while the June 30 token treasury shows earnings remain exposed to digital-asset holdings.
Better and Coinbase launched a mortgage product allowing US homebuyers to pledge Bitcoin as down-payment collateral without selling their holdings, connecting BTC ownership with home financing.
XRP has rebounded about 32% from below $1 and is nearing its strongest monthly gain in over a year. CryptoSlate reported the token near $1.40, down roughly 5% in 24 hours, amid ETF inflows and whale repositioning.
