Coinbase CEO Armstrong Decries Infrastructure Bill Draft | Crypto Briefing

Key Takeaways

Coinbase CEO Brian Armstrong has voiced his opposition to the new infrastructure bill on Twitter.
Armstrong urged readers to contact their local senators to support a proposed amendment to the bill.

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Ethereum (ETH) jumps, then dumps, ahead of crucial EIP-1559 upgrade

Ethereum, the world’s most-used blockchain, jumped to over $2,700 ahead of the EIP-1559 set for later today, data from multiple sources shows.

EIP-1559 is one of the most important changes to ever happen to Ethereum. Tomorrow brings incredible progress, and we can’t wait.

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BTC, ETH, XRP, ZEC, SNX, AAVE, BTT — Technical Analysis Aug 5 – BeInCrypto

Bitcoin (BTC) has created a bullish engulfing candlestick and is making an attempt at reclaiming the $40,550 range high.
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Ethereum (ETH) has broken out from an ascending parallel channel and is attempting to move above the $2,860 resistance area.

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US Senators Provide Crypto-Related Amendment in Infrastructure Bill – BeInCrypto

Three U.S. Senators have sent an amended version of the cryptocurrency regulation in the infrastructure bill, changing the definition of a broker to exclude certain entities.
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Several U.S.

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Coinbase Acquires Crypto Connector Zabo for Undisclosed Amount – Decrypt

Coinbase has acquired the three-year-old crypto startup, Zabo, which specializes in connecting users with various crypto protocols through a few lines of code. The service is akin to white-label solutions like Plaid, which allow users to various financial services using technology.

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