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The surge in the United States' money supply, nearing $100 trillion, is expected to positively impact the price of Bitcoin, currently trading at $71,000.

Just a week after celebrities Caitlyn Jenner and Iggy Azalea launched meme coins, professional wrestler Hulk Hogan seemingly followed suit by introducing the HULK token on Solana. However, the coin quickly turned out to be a scam, leaving investors at a loss.

Bybit, a major cryptocurrency exchange, has reportedly initiated registration and identity verification procedures for Chinese citizens residing outside China. Users can now sign up and engage in crypto trading on the platform using their Chinese national identification. However, trading cryptocurrencies while based in China appears to remain prohibited.

In the past year, Binance, the leading exchange globally in terms of trading volume, faced significant regulatory challenges that led to substantial market exits and the suspension of several services.

Bitcoin advocate Max Keiser has once again emphasized his belief in Bitcoin's superiority over Ethereum, forecasting a bleak outlook for the latter cryptocurrency. On a social media platform, Keiser reiterated his longstanding argument that Ethereum, along with other alternative coins, pales in comparison to Bitcoin due to fundamental disparities in their technologies and legal categorizations.

Telegram introduced a new payment system called 'Telegram Stars' for purchasing digital goods and services within the social media platform. This system enables users to buy items like e-books and online courses directly through in-app purchases on both Apple and Android devices.

Renowned investor and author Robert Kiyosaki has reiterated his warning about an impending financial crisis in the United States and globally. He has predicted that Bitcoin (BTC), one of his favored assets for protecting against economic downturns, could surge to $350,000 by late August 2024.

The introduction of the Hummingbird client represents a significant milestone for LightLink as it pursues its mission to offer a more scalable and cost-effective solution for Ethereum Layer 2.

Binance, a prominent digital asset service provider, has introduced its 55th Launchpool project, highlighting the decentralized Artificial Intelligence computing and cloud platform IO.NET (IO).

Mantle (MNT) is currently trading at around $1.04, experiencing a 6% increase in the last 24 hours in tandem with Bitcoin's surge above $71,000. The cryptocurrency's daily trading volume has risen by 110% to over $130 million during this period, making it one of the top performers among the top 100 coins by market cap.

A recent law in the United States grants the President expansive authority to restrict access to digital assets, sparking concerns among experts in the field. Scott Johnsson, a notable figure in digital assets, criticized the law for its wide-reaching implications, suggesting it could effectively empower the President to ban certain protocols and smart contracts.

In response to widespread media skepticism regarding the potential of Cardano, founder Charles Hoskinson has delivered a comprehensive explanation of upcoming developments and initiatives. He asserts that these advancements demonstrate the cryptocurrency's strong position and optimistic prospects for the future.