Bitcoin & Altcoins Edge Higher

Bitcoin gained approximately 0.7% to $114,552 after testing a weekly low around $112,256 over the weekend. Ethereum rose 2.6%, XRP climbed 5%, Solana added 1.1%, and Dogecoin surged 3.3%. Despite today’s bounce, most major cryptocurrencies remain down 3–11% for the week. Market pressure stems from renewed tariff risks, the Fed holding interest rates steady, and weak U.S. jobs data.

SEC Launches “Project Crypto” to Drive Digital Adoption
In a major policy shift, SEC Chair Paul Atkins unveiled Project Crypto, aligning with the White House’s 160‑page policy blueprint. The initiative aims to classify crypto assets more clearly, support tokenized securities, and enable “super-apps” that combine trading, staking, and lending under one SEC license. This marks a notable pivot from previous enforcement-heavy approaches.

UK Warned: Risk of Falling Behind in Crypto Innovation
Former UK Chancellor George Osborne, now serving as a Coinbase adviser, warned in the Financial Times that the UK risks losing out on the next wave of crypto and stablecoin innovation. He criticized its regulatory inertia in contrast to jurisdictions like the U.S., EU, Singapore, and Abu Dhabi. Osborne urged UK authorities to act decisively before it's too late.

CoinDCX Confirms $44M Platform Breach, User Funds Are Safe
India’s CoinDCX exchange resumed withdrawals after a security breach exposed approximately $44 million. CEO Sumit Gupta stated that no user funds were stolen, and all user assets remain secure.

FCA Boosts UK’s Digital Strategy with New Crypto Advisor
The UK’s Financial Conduct Authority hired Anurag Bajaj—ex–Standard Chartered executive—as a senior adviser in its crypto and payments unit. This move aligns with broader efforts to position the UK as a global hub for digital assets.

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🔍 Market & Sector Updates

Token Unlocks Plummet by 52% in August
Early August token unlocks are projected at around $3 billion, down sharply from $6.3 billion in July. Nonetheless, high-profile unlocks from Sui, Aptos, Avalanche, Arbitrum, and others could still affect token-specific price action.

Watchlist: Solana & Cardano Technical Outlook

Solana (SOL): Support near $165. Should buyers jump in above $175, it could retest highs of $190–$200.

Cardano (ADA): Currently around $0.78, down ~6% over the past week. Still active, with ~$1.66 billion in daily volume.

Fresh Projects Gain Spotlight: ENA, PI, SKYAI
New tokens like Ethena (ENA), Pi (PI), and SkyAI (SKYAI) are drawing attention for their utility-driven models—from synthetic stablecoins to AI-agent platforms. These are emerging blue-chips in DeFi and Web3 innovation. However, be aware these reports may carry sponsorship bias