Avalanche surges 11% as Bitcoin holds above $61,000. Magic Eden prepares to launch its $ME token and DAO, while TRON's SunPump rides the memecoin wave. Gavin Wood introduces Proof-of-Ink, a Web3 solution using algorithmic tattoos. The crypto world watches the Fed's Jackson Hole symposium for rate cut signals. Donald Trump promotes a new DeFi project, "The DeFiant Ones." Justin Sun's USDD faces scrutiny over reserve movements. Cardano reclaims its top 10 spot, and major ETH and BTC options are set to expire. These developments unfold against a backdrop of market volatility and regulatory uncertainty.

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