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Investment fund Pantera Capital has forecasted a boost in Bitcoin's price following the forthcoming halving in April 2024, a pattern observed in the past.
With historical trends as a basis, they anticipate Bitcoin will hit $35,000 before the halving and surge to $148,000 by 2025.
Decisive events, like a positive court verdict for XRP and the greenlight for BlackRock's spot Bitcoin ETF, are expected to shape these potential outcomes. 
Coinbase and Circle, five years after jointly launching USDC, are evolving their partnership. Coinbase is acquiring an equity stake in Circle, emphasizing their shared vision for the financial future. To further its reach, USDC will launch on six new blockchains between September and October, expanding its multi-chain presence to 15. With clearer global stablecoin regulations, Circle will assume all governance, including smart contract management. The Centre Consortium, initially governing USDC, will dissolve. 
Imperial College London has teamed up with AI startup FluidAI to address challenges in the crypto market using artificial intaligance (AI).
The collaboration will focus on enhancing the tokenized market for various stakeholders, including institutions and retail investors.
FluidAI emphasizes the need to tackle liquidity aggregation issues in the crypto domain. AI can help predict and offer optimal bid and ask prices in the market. 
JPMorgan reports that Bitcoin miners are diversifying their operations in anticipation of the upcoming halving event, which will slash their rewards. Miners are now venturing into the booming artificial intelligence (AI) market, offering high-performance computing services. This shift is partly funded by selling newly minted or existing bitcoins. Companies like Applied Digital and Iris Energy are already making strides in AI cloud services. Additionally, post Ethereum's shift from proof-of-work, former Ethereum miners are leveraging GPUs for AI, finding it potentially more profitable than traditional mining. 
The issuer of USDT has resolved to end support for Kusama, Bitcoin Cash SLP, and Omni Layer. This move follows an in-depth analysis of the functionality, safety, and stability of these particular blockchains.
Notably, Omni Layer, Tether's first transport layer since its inception in 2014, was instrumental during its early days. However, it has witnessed a decline in popularity due to rising competitive solutions.
Though minting of USDT on the aforesaid platforms will be terminated, the redemption process will stay in place for a duration extending at least a year. 
PayPal suspends crypto buying services in the UK
Starting October 1, 2023, PayPal will no longer support cryptocurrency purchases for it's users from the United Kingdom. This action is consistent with the company's obligation to comply with local financial legislation.
While the measure is planned to last until the start of 2024, PayPal remains hopeful about restoring the service. During the suspension, users are free to either hold their existing cryptocurrencies without any associated fees or sell them if they choose. 
House Democrats have initiated a working group dedicated to artificial intelligence (AI) with the aim to craft legislation surrounding this tech.
The group, chaired by Representative Derek Kilmer, will explore leveraging AI for growth while ensuring job security for those impacted by AI advancements.
A primary concern is the rise of AI-generated misinformation, especially deepfakes. 
China's provisional AI guidelines, termed "Generative AI Measures," take effect today. Among the 24 measures, AI service platforms must register and undergo security reviews before public launch.
AI-generated content will need labels, and data must come from legitimate sources respecting intellectual property and user privacy. Service providers are accountable for content on their platforms. 
Srettha Thavisin became the Prime Minister of Thailand and continued to discuss the idea of an airdrop for all citizens of the country over the age of sixteen. Under the preliminary terms, each individual will receive 10,000 Thai baht (approximately $300) in a national token and will be able to spend it within a four-kilometer radius of their residence. The initiative has not yet received approval among politicians, as its cost is estimated at $14.3 billion, and financiers have questioned the feasibility of using blockchain for such campaigns. Apparently, the promises about airdrop was not unnecessary for victory! 
OpenSea Head of Product Receives Prison SentenceNate Chastain has been sentenced to three months in prison for engaging in insider trades that amounted to $50,000.
Chastain, aged 33, was found guilty of fraud and money laundering in a federal court in New York in May. This case marked the conclusion of what prosecutors deemed the first significant NFT insider trading case.
Chastain profited by purchasing and selling at least 45 NFTs he was aware would be featured on OpenSea’s homepage.
U.S. Attorney stated, “Today’s sentence should serve as a warning to other corporate insiders that insider trading – in any marketplace – will not be tolerated.” 
Xterio, the gaming Web3 platform, has revealed its decision to create an independent ecosystem following OpenSea's refusal to charge author royalties on NFT resales.
This new initiative will support content creators through the launch of an NFT marketplace, exclusive tokens, a rewarding mechanism, and diverse affiliate programs.
Xterio's officials have said that the launch of this marketplace is imminent, expected within the following weeks. Bitmain, the manufacturer of ASIC miners, has rolled out a new protection scheme against market volatility for those buying the S19j XP model.
If there's a downturn of more than 20% in the subsequent three months post-purchase, company ensures compensation at $1.89/T.
Impressively, this offer is available even to current S19j XP owners.
The compensation will be directly credited to the user's account and is usable for any Bitmain product acquisitions. 
Beginning on August 31, the popular NFT marketplace OpenSea will not charge royalties for NFT secondary transactions, signaling a change in artist earning policy. Previously, creators were able to set a commission of 2.5% to 10% and earn from every resale. However, with the new update, the creator fee is left up to the discretion of the buyer. For collections on non-Ethereum blockchains, the creator fee will only remain mandatory until February 29, 2024. After this date, the entire platform will make royalties optional. 
Ripple contends that there is no justification for the SEC to appeal its partial loss while the case remains unresolved.
Ripple’s legal team has presented three primary arguments in response to the SEC’s appeal request:
Аn appeal requires a pure question of law and that the SEC’s request raises no new legal issues that need to be reviewed.
SEC’s argument that the court ruled incorrectly on the matter is not sufficient.
An immediate appeal will not advance the termination litigation proceedings. 
Yesterday on Twitter, Elon Musk confessed that his call-out for a fistfight was just a jest that, evidently, went a bit too far.
Musk mentioned that after suggesting a face-off with Mark at the Colosseum, Zuckerberg shot down the idea without batting an eye, citing he was "traveling."
"Is there anywhere he will fight?" Musk tweeted.
Meanwhile, Zuckerberg voiced his frustrations on Threads, implying Musk isn't serious about the showdown, citing some impending surgery and being elusive about confirming a final date.
"I'm going to focus on competing with people who take the sport seriously," Zuckerberg writes.
Such spectacles would even make Cirque du Soleil green with envy. The U.S. Department of Justice is escalating its legal fight against the founder of FTX, employing intimate writings from his ex-girlfriend Caroline Ellison, who once managed investment company Alameda Research.
From October 2nd, the court will see evidence pulled from Caroline's personal documents. A notable inclusion is a list termed "Things Sam is Freaking Out About," pointing towards alleged financial misconduct at FTX. The case's evidence will also feature undisclosed recordings and messages from FTX insiders. 
Stated to be a staggering 10 times faster than Solana, the network accomplishes transaction finality in just 250 milliseconds.
Trading of the blockchain's native token (SEI) has started on different centralized exchanges, and it's now valued at approximately $0.19.
There's also news of an airdrop, but claiming will be permitted only after the "initial warm-up period."
The time frame for this warm-up has not yet been revealed.