TLDR: Coinbase to Suspend All Crypto Trading Except Bitcoin, Ethereum Turns 8, Revolut Shuts Down in the US, Introducing Provenance, Evmos 2.0, Coinbase launch Base and much more!

Bitcoin Highlights of the Week

Coinbase Asked to Suspend All Crypto Trading Except for Bitcoin

SEC asked Coinbase to suspend all crypto trading, except Bitcoin, raising concerns about the market's future prompting the community to seek clarity for a resilient crypto industry.

MicroStrategy Acquires 467 BTC

MicroStrategy acquired additional 467 bitcoin for $14.4 million in July. The company now holds 152,800. The company also announced that it aims to sell up to $750,000,000 in addition shares to purchase more Bitcoin.

Coinbase Embraces Lightning Network

Coinbase is poised to revolutionize the future of crypto payments by embracing Bitcoin's Lightning Network, promising faster and more cost-effective transactions.

Miners Chase $98K

In the exhilarating pursuit of profitability, Bitcoin miners must strive to achieve a six-figure BTC price by the 2024 halving, navigating challenges and ambitious projections for the crypto's future.

Tether Acquires 1,529 Bitcoin

Tether announced Q2Y23 operational profits over $1 billion. The company confirmed having bought 1,529 bitcoin worth $44 million in Q2Y23 and ended the period with a total of $1.67 billion worth of bitcoin.

Ethereum Highlights of the Week

Ethereum Turns 8 - Happy Birthday Ethereum

Ethereum, one of the most influential blockchain platforms, recently celebrated its 8th birthday, marking a decade of innovation and success in the crypto space.

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