Plume gains 10% as Binance announces PLUME HODLer airdrop

US Senator Cynthia Lummis criticized the Federal Reserve's recent crypto decision as "just lip service," arguing it doesn't represent real progress. Meanwhile, SEC Chair Paul Atkins spoke at an agency roundtable, and Circle executive Dante Disparte denied rumors about the company seeking a US federal bank charter. The crypto industry's optimism over softened Fed guidance may be premature, according to Lummis.

Crypto analyst Josh Olszewicz predicts a challenging September for Bitcoin, suggesting that market conditions may improve in the fourth quarter. He advises caution due to current market dynamics.

Editor’s Note: Understanding market trends is crucial for investors. Olszewicz's insights highlight the importance of patience in trading, especially during volatile periods like September, which could set the stage for potential gains in Q4.

Jeju City officials are taking action against suspected tax evaders by freezing and seizing their cryptocurrencies. This move is part of a larger investigation involving nearly 3,000 residents who owe unpaid taxes.

Editor’s Note: This crackdown on tax evasion highlights the increasing scrutiny on cryptocurrency transactions and the efforts of local governments to ensure tax compliance. It reflects broader concerns about the use of digital currencies in tax avoidance.

Bitcoin Hyper has surpassed $10.3 million in its presale, launched on May 16, 2025. This success highlights its utility as a Layer 2 network aimed at improving Bitcoin's functionality.

Editor’s Note: This development is significant as it showcases the growing interest and investment in Bitcoin solutions that enhance its capabilities. The success of Bitcoin Hyper could lead to broader adoption and innovation in the cryptocurrency space.

Cardano's price is currently above the $0.90 support level after facing resistance at $1. With futures volume reaching a five-month high, there are signs of a potential price reversal.

Editor’s Note: This development is significant as it indicates growing investor interest and confidence in Cardano, which could lead to a price increase. Monitoring these trends is crucial for traders and investors looking to capitalize on market movements.