Morning News Update #Web3

🎯 CryptoQuant CEO warns that the altcoin market is a zero-sum PvP game, with only a few projects with strong use cases likely to survive as capital inflows stall.

🤖 Aiccelerate DAO, launched by members from , #Google , and #a16z , aims to merge AI and crypto, driving decentralized AI innovation through its AICC token and ecosystem.

🇪🇺 JPMorgan predicts #MiCA regulations could boost euro-backed stablecoin adoption, with EURCV and BBVA-led initiatives leading potential market growth.

🏛 The U.S. Senate Banking Committee, led by Tim Scott, plans to establish its first crypto subcommittee, with Cynthia Lummis poised as chair pending a full vote.

📊 Grayscale adjusts its Digital Large Cap Fund to 90% Bitcoin and Ethereum, with the remaining allocation split among $XRP , $SOL, and $ADA, removing $AVAX entirely.