Author: Sahil Poudel

Senator Elizabeth Warren urges tougher crypto regulation to prevent corruption and economic instability, pushing for market structure reforms and trading limits for elected officials.

Elizabeth Warren Wants Crypto Rules Tightened Before It’s Too Late

Senator Elizabeth Warren is doubling down on her demand for tougher cryptocurrency regulation—arguing that without it, the U.S. economy could face serious risks. Speaking on MSNBC, she warned that the current patchwork of rules leaves too much room for corruption and instability.

Elizabeth Warren Crypto Regulation Push Targets Loopholes

Warren says her fight isn’t just about stopping harmful bills it’s about building stronger laws from the ground up. She pointed to gaps in market structure regulations and stressed the need for “guardrails” to ensure crypto doesn’t spark a financial crisis.

One hot-button issue for her? The lack of restrictions on elected officials trading crypto. “We need regulation that limits corruption in the ability of elected officials to trade in it,” she said, noting how personal interests could influence policymaking without proper safeguards.

Interestingly, not everyone in crypto is dismissing her stance. Justin Slaughter, VP of Regulatory Affairs at Paradigm, tweeted that while they may not agree on everything, Warren’s focus on constructive regulation could be a step forward compared to outright hostility.

With crypto’s influence on both Wall Street and Washington growing, Warren’s call for independent oversight free from industry sway aims to keep markets fair, safe, and corruption-free.

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DOGE appears poised for a breakout as analysts see parallels with past surges; could an 80% rally be next? Liquidity and technical setups are aligning for a possible move.

Dogecoin could be on the edge of another wave analysts today are seeing classic breakout signals that mirror its huge runs in 2017 and 2021. This setup, they say, looks like the calm before the storm.

Dogecoin Pattern Mirrors Past Rallies

Recent market action shows parts of Dogecoin’s price chart matching the pre-surge formations from its past explosive moves. You know what that mean low volatility now could transform into a volatile breakout soon. If the pattern holds, we could see DOGE soar sharply, possibly mirroring those 2017–2021 surges. While nothing’s guaranteed, traders are locked in on whether this is “it” the setup that fuels the next meme-coin boom.

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Bitcoin trades near $118K on August 10 after breaking key resistance. Chart setups and investor sentiment hint at a possible move toward $120K as altcoins outshine BTC.

BTC is flexing its muscles today, trading at $118,583 after reclaiming the $118K level — a key turning point for bulls.

Bitcoin’s Path Looks Bullish for Next Move

BTC just crossed a vital resistance zone, sparking optimism that the next stop could be $120K, especially if a short squeeze unfolds. Crypto traders know just a 10% pop could liquidate over $18B in shorts, and sentiment is hyped that Monday could bring a breakout.

Adding fuel to the fire: coiled-up futures open interest and ETF inflows. Analysts say that if this momentum holds, BTC could reach $116K–$130K in August.

On-chain metrics show Bitcoin’s in a “bullish cooldown” after hitting the $123K all-time high. Liquidity is easing, and the Bull Score Index dipped from 80 to 60 — not a bear signal, but a pause in the uptrend. Long-term holders are still accumulating between $114K–$120K, positioning for the next play.

It’s not just BTC stealing the spotlight—altcoins have outperformed BTC for the 31st straight day, showing that while BTC is stable, speculative capital is flowing elsewhere.

All in all, Bitcoin’s still the anchor, but if liquidity and sentiment align, we could see BTC push past $120K soon.

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Vitalik Buterin urges Ethereum Layer 2 networks to cut withdrawal times under one hour, warning long waits undermine security and adoption.

Ethereum Withdrawals: Vitalik Buterin Pushes for Instant L2 Exits

ETH’s co-founder Vitalik Buterin is turning up the heat on Layer 2 (L2) networks 🚀. In a detailed post on X, Buterin said withdrawal times must drop below one hour — or risk undermining Ethereum’s entire security model.

Currently, many L2s require long wait periods before users can move funds back to Ethereum mainnet. This, Buterin warned, drives people toward multisigs and MPC-based shortcuts with “unacceptable trust assumptions.” He stressed that without faster exits, “we lose the point of L2s over separate L1s.”

The statement came just after L2BEAT confirmed Base, Optimism, Scroll, Unichain, Kinto, and Inco passed Stage 1 security requirements. While Buterin praised this progress, he said the real breakthrough will be fast, secure, and low-cost withdrawals.

ZK Proofs Could Change the Game

Buterin called for a pivot from optimistic proofs to ZK proofs, which can confirm transactions much faster without sacrificing security. He floated a 2-of-3 hybrid model combining ZK, OP, and TEE systems where two out of three (ZK, TEE) enable near-instant exits.

ZK-EVM proof tech is advancing quickly, with better formal verification tools now available. But Buterin admitted high gas costs for proof submission remain a challenge.

ETH’s price reacted positively, climbing 5.9% in 24H to $4,047.92. If L2s adopt Buterin’s withdrawal vision, it could supercharge user trust and Ethereum adoption worldwide.

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Ukraine is considering legalizing crypto but won’t allow it for payments, says NBU Governor. The country also tests its digital currency, the e-hryvnia.

Ukraine Crypto Legalization On the Table But NBU Draws the Line at Payments

Ukraine might be the next country to join the crypto-friendly club, but it’s being very clear on its boundaries. The National Bank of Ukraine (NBU) is exploring ways to legalize crypto, but it has no plans to let Bitcoin or other tokens be used for payments.

NBU Draws the Red Line

In an interview with RBC-Ukraine, NBU Governor Andriy Pyshnyy said crypto might play a role in Ukraine crypto’s financial future just not as money. “Virtual assets cannot be a means of payment,” he said, explaining it could hurt the bank’s ability to control the economy, especially in times of war.

That means while crypto might become legal, it won’t replace the hryvnia, and definitely won’t be used to bypass currency controls during martial law.

UKRAINE CRYPTO: Playing by Global Rules

Pyshnyy also emphasized that any crypto law must follow FATF standards and align with EU regulations, with clear systems to track transactions and prevent illicit activity.

At the same time, the bank is testing its own CBDC, the e-hryvnia, in partnership with tech developers. This pilot will help shape future decisions as the NBU watches how other global banks like those in France, Singapore, and Germany are building their own digital currencies.

Interestingly, a draft law proposed in June could even allow the NBU to hold Bitcoin in its national reserves a sign that Ukraine crypto’s future is getting real.

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