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Democrats probe housing regulator over considering crypto in mortgages

Five US Senate Democrats have probed the head of the country’s housing finance agency over his plan to consider how crypto can be counted in the approval process for certain mortgages.
The senators, led by Jeff Merkley, sent a letter to Federal Housing Finance Agency (FHFA) director William Pulte o
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Solana co-founder calls memecoins, NFTs ‘digital slop’ in heated debate

Solana co-founder Anatoly Yakovenko has sparked controversy after referring to memecoins and non-fungible tokens as “digital slop,” despite Solana’s substantial memecoin-driven revenue.
“I’ve said this for years. Memecoins and NFTs are digital slop and have no intrinsic value,” Yakovenko said in a
SOL2.9%
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What you share with ChatGPT could be used against you

OpenAI could be legally required to produce sensitive information and documents shared with its artificial intelligence chatbot ChatGPT, warns OpenAI CEO Sam Altman.
Altman highlighted the privacy gap as a “huge issue” during an interview with podcaster Theo Von last week, revealing that, unlike co
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Roman Storm asks for $1.5M lifeline as Tornado Cash trial presses on

Roman Storm, one of the creators behind the Tornado Cash protocol, is seeking another $1.5 million to cover mounting legal costs as his landmark crypto trial enters its third week.
In an “urgent call for support,” Storm asked for another $1.5 million in a July 26 X post, explaining that legal cost
STORM0.33%
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Bitcoin nears $120K as analysis predicts 'larger price swings' next

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Crypto isn’t crashing the American dream; it’s renovating it

Opinion by: Dr. Scott Lehr
In the early 2000s, getting a loan in the United States without verifying your income or assets was possible. It was called a “no-doc” or “low-doc” loan. The aim was to help self-employed or contract workers, but it was widely abused.Today, lenders verify income, assets,
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Pudgy Penguins denies OpenSea acquisition rumors, focuses on partnerships

Pudgy Penguins has denied speculation that it acquired NFT marketplace OpenSea, following a wave of social media chatter suggesting a deal may have closed as early as December 2024.
In a Saturday post on X, Beau, head of security at Pudgy Penguins, dismissed the acquisition talk. “Pudgy Penguins di
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Bitcoin OGs ‘faith shaken’ comment stirs heated debate in community

A prominent crypto analyst has sparked debate in the Bitcoin community by claiming that Bitcoin OGs are losing confidence in the asset as it becomes increasingly adopted by institutions.
“Many of the most ardent early whales have seen their faith shaken and have been selling at these prices,”
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'Parabolic bull markets and devastating bear markets are over’ — BTC analyst

Bitcoin (BTC) will no longer experience “parabolic” price rallies or “devastating” bear markets, because BTC exchange-traded funds (ETFs) have permanently reduced volatility and altered market dynamics, according to Blockware BTC analyst Mitchell Askew.
“BTC/USD looks like two entirely different as
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Demographics will 'leapfrog' Bitcoin adoption in Pakistan — Bilal Bin Saqib

Pakistan’s demographics position the country as a major catalyst for Bitcoin (BTC) adoption, allowing it to “leapfrog” developed nations, according to Bilal Bin Saqib, Pakistan’s state minister of crypto and blockchain.
“A global policy shift has happened, not just in Pakistan, but all around the w
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XRP wallet linked to Chris Larsen still has $9B to sell, analyst warns

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Japan’s ‘slow’ approval culture stifles crypto adoption: Expert

Japan’s regulatory bottlenecks, not taxes, are the real reason crypto innovation is leaving the country, according to Maksym Sakharov, co-founder and CEO of Web3 firm WeFi.
Sakharov told Cointelegraph that even if the proposed 20% flat tax on crypto gains is implemented, Japan’s “slow,
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Ether’s ‘extreme euphoria’ social chatter could be a red flag for price

Ether’s recent price rally may be due for a cooldown, as a surge in social media mentions — reaching levels of “extreme euphoria” — points to the potential for a near term correction, according to sentiment platform Santiment.
However, other indicators suggest Ether’s (ETH) rally may still have
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El Salvador’s Bitcoin reserve fails to help the average citizen — NGO exec

El Salvador’s Bitcoin (BTC) reserve has had limited impact on the broader population, and the country’s loan agreement with the International Monetary Fund (IMF) may further complicate its Bitcoin strategy, according to Quentin Ehrenmann, general manager at My First Bitcoin, a non-governmental
EL1.61%
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ETH bulls target $9K: Does the data support the lofty price target?

Key takeaways:
ETH gained 50% in two weeks, and Elliott Wave models are pointing to a possible $9,000 top by early 2026.
Onchain fundamentals are strong: 28% of ETH is staked, exchange balances are at their lowest since 2016, and new buyer inflows are accelerating.
Network usage remains near fu
ETH3.08%
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