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The Arizona House of Representatives has passed a landmark bill that would allow the state to create a Bitcoin reserve fund, using cryptocurrency seized from criminal investigations as its primary source. This move positions Arizona at the forefront of state-level digital asset adoption in the United States.
WF Holding Ltd has officially announced its entry into the digital cryptocurrency sector, signalling a major shift in its long-term strategy focused on innovation and growth. As part of this move, the company has appointed Bull Coin Asset Management Limited as its official industry advisor to guide market research, technology assessments, and the development of compliance frameworks.
- 03:23Santiment: Surge in Fed Rate Discussions May Signal Danger for the Crypto MarketAccording to ChainCatcher, citing a report from Cointelegraph, Santiment stated in a report on Saturday that social media discussions have surged around the highly anticipated Federal Reserve interest rate decision in September, which could serve as a warning signal for cryptocurrencies. "Historically, a surge in discussions centered on a single bullish narrative may indicate that the market is overly optimistic and could signal a local top," Santiment noted. Mentions of keywords related to the Federal Reserve and rate cuts on social media have jumped to their highest level in 11 months.
- 03:23A trader takes a 3x short position on WLFI, incurring an unrealized loss of over $412,000BlockBeats News, August 24 — According to monitoring by Lookonchain, trader 0xbfaa has opened a 3x leveraged short position of 5.3 million WLFI (worth $1.53 million), and is currently facing a loss of over $412,000.
- 03:22PROMPT surges past $0.31, up 114% in 24 hoursBlockBeats News, August 24 — According to market data from a certain exchange, PROMPT (Wayfinder) surged past $0.31, currently trading at $0.311, with a 24-hour increase of 114% and a market capitalization reaching $290 million. Wayfinder launched its Open Alpha yesterday, allowing users to access its crypto AI agent and enabling cross-chain trading, deployment, and exploration.