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Crypto News Aggregator (Page 49)

U.S. CPI inflation slows to 3.4% as expected, bitcoin holds near $64,000
U.S. inflation matched expectations at 3.4% in July, causing bitcoin to stabilize near $64,000 as markets reassessed Federal Reserve rate hike probabilities.
Fidelity files with SEC to add staking to Ethereum ETF
Fidelity Investments has filed with the SEC to introduce staking features for its spot Ether exchange-traded fund, the Fidelity Ethereum Fund.
US Inflation Meets Forecasts, Keeping Bitcoin’s Fed Bet Alive
US inflation data matched forecasts in July, keeping market expectations for Federal Reserve policy and Bitcoin stable.
SEC and CFTC plans to write crypto rules without Congress – but they can’t make them permanent
The SEC and CFTC plan to advance crypto rule proposals independently of Congress, though these measures lack permanent statutory authority.
AI Hyperscalers Are Pricing Bitcoin Miners Off the Grid— Here’s Why Its a Massive Win-Win
AI demand is pushing Bitcoin miners off main electrical grids and toward stranded energy, creating a beneficial market rebalancing for both industries.
Standard Chartered-backed Anchorpoint begins HKDAP stablecoin rollout
Standard Chartered-backed Anchorpoint has launched the phased beta rollout of its Hong Kong dollar-backed stablecoin, HKDAP, for institutional distributors.
Why is Ethereum Price Stuck Below $2,000?
Despite strong on-chain capital inflows, Ethereum's price struggles to break $2,000 due to declining trading volume and whale sell-offs.
FlightAware drops Kalshi lawsuit over a market niche that data shows it never took off
FlightAware has voluntarily dismissed its lawsuit against prediction market Kalshi regarding low-volume flight cancellation contracts.
Whales Rush to Buy Chainlink After Standard Chartered’s 2030 Price Forecast
Chainlink whale transactions hit a 5-month high after Standard Chartered issued a bullish 2030 price forecast of $200.
Even if Bitcoin rises 30% a year this renewable mining model still loses money as hashrate keeps pace
A new study reveals that even with a 30% annual Bitcoin price increase, renewable-powered mining operations still lose money if the network hashrate keeps pace.
MicroStrategy Unveils Credit Model with Bitcoin Risk Dashboard
Michael Saylor has released a Bitcoin credit model and dashboard that tracks collateralization levels and floor prices for MicroStrategy's debt and preferred shares.
Russia moves to restrict retail crypto trading to bitcoin, ether and USDT
Russia's central bank will limit retail crypto trading on regulated exchanges to bitcoin, ether, and USDT starting September 1.
XRP trading could get spicy after CPI report as futures bets hit highest since October
XRP faces heightened volatility as futures open interest reaches its highest level since October ahead of the U.S. CPI report.
Harmony weighs a full blockchain rollback after unauthorized minting floods exchanges with billions in ONE
Harmony is considering a blockchain rollback after a math flaw allowed billions in ONE tokens to be minted and sent to exchanges.
Bitcoin market in ‘hibernation’ as perp trading activity sinks to three-year low ahead of US CPI release: K33
Bitcoin's perpetual trading volume hit a three-year low, indicating market hibernation before US CPI data release.
Ripple Ex-CTO Says Cheating Turns Bitcoin Miners’ ASICs Into Space Heaters
Ripple's ex-CTO David Schwartz stated that economic nodes can fork Bitcoin's chain and change algorithms, rendering miners' ASICs useless.
Bitcoin holds near $64,000 as U.S. inflation data looms, Harmony exploit rattles altcoins
Bitcoin remained steady near $64,000 while awaiting U.S. inflation data and processing a major exploit on the Harmony network.
Binance, RedotPay clash over fate of Singapore lawsuit
Binance and RedotPay are in disagreement regarding the conclusion of their ongoing legal proceedings in Singapore.
Bank of England to test stablecoin, digital currency use in cross-border finance
The Bank of England has launched Phase 2 of its Digital Pound Lab to test how stablecoins and a digital pound can interoperate for trade finance.
Bitcoin miners earn under 0.7% of revenue from fees in new 10-year low
Bitcoin transaction fees have dropped to just 0.69% of miner revenue, reaching a 10-year low as miners face profit squeezes and pivot toward artificial intelligence.
A Crypto Twitter Post Just Spawned a 10,000% Meme Coin Rally
A viral Crypto Twitter debate about early traders and retail participants sparked a new token called PLUMBER, which surged over 10,000%.
Twenty One’s $2.8 billion Bitcoin pile is worth far more than its stock, but there’s a catch
Twenty One’s Bitcoin holdings vastly exceed its stock market value, but a significant portion of the coins is encumbered by debt.
CoreWeave surges 16% on $2.58 billion revenue quarter as AI infrastructure demand eclipses crypto
CoreWeave shares surged 16% after reporting a strong $2.58 billion revenue quarter, driven by surging artificial intelligence infrastructure demand.
Fidelity moves to add staking, quarterly payouts to near $900 million ether ETF
Fidelity is updating its near $900 million ether ETF to include staking rewards and quarterly cash payouts.
Grayscale Says AI Adoption Creates Demand These 4 Networks Could Fill
Grayscale highlights how AI adoption will drive demand for public blockchains, identifying Ethereum, Solana, Worldcoin, and Bittensor as key networks.
Crypto companies urge AI firms to give Bitcoin developers early access
Cryptocurrency companies and the Bitcoin Policy Institute have urged frontier AI labs to grant Bitcoin developers early access to advanced models.
One overlooked group has added $1.78 billion of selling pressure to bitcoin market
Public miners have sold 28,000 BTC worth $1.78 billion this year, adding significant selling pressure to the cryptocurrency market.
Australian regulator takes down Yepbit websites as investors report blocked withdrawals
Australia's ASIC has taken down Yepbit websites after investors reported blocked withdrawals and fraudulent claims regarding frozen funds.
FlightAware drops lawsuit against Kalshi one day after filing
FlightAware voluntarily dismissed its lawsuit against prediction market Kalshi just one day after filing, following private updates to Kalshi's data sourcing language.
Inside the fake crypto startup that fooled North Korean IT workers
Cybersecurity researchers set up a fake crypto company to study and expose infrastructure used by suspected North Korean IT workers.
Bitwise Cuts 14% of Its Workforce While CEO Predicts Future Growth
Bitwise Asset Management has laid off approximately 14% of its workforce, reducing its staff to around 155 amid a wider crypto market downturn.
Live updates: Bitcoin at $63,600 as Japan's Metaplanet moves 3,881 BTC between wallets
Bitcoin trades near $63,600 as Japanese corporate buyer Metaplanet transfers 3,881 BTC between its own self-custody wallets.
TON Strategy earned $15 million staking Gram while operations burned $10.6 million in cash
TON Strategy reported $15 million in staking revenue for Q2, but its operations used $10.6 million in cash during the first half of the year.
Bitget Expands CFD Business with Institutional-Grade Liquidity Solutions
Bitget has launched institutional-grade liquidity solutions for its CFD business, targeting quantitative teams, funds, and professional traders with advanced features.
Binance Security Chief Says Quantum Computers Are Not What Steals Crypto Today
Binance Chief Security Officer Jimmy Su stated that quantum computing is not an immediate threat to cryptocurrency holders.
Hardware Wallets Aren’t the Problem, Says Ledger Exec. AI Attackers Are
Following the Coldcard hack, Ledger executive Ian Rogers argues that AI-driven attacks, not hardware wallets, are the real security threat.
Harmony confirms exploit involving unauthorized minting of 4 billion ONE tokens
Harmony confirmed a security exploit involving the unauthorized minting of 4 billion ONE tokens, causing its price to drop significantly.
Harmony Token Falls to Record Low After Exploit Mints 4 Billion ONE
Harmony's ONE token plummeted to an all-time low after an exploit illicitly minted 4 billion tokens, triggering massive sell pressure.
Harmony considers rollback after suspected exploit inflates ONE supply
Harmony is evaluating a blockchain rollback after an alleged exploit minted billions of unauthorized ONE tokens.
Crypto.com rolls out tokenized stock derivatives as crypto exchanges push into equities
Crypto.com has launched tokenized derivatives tracking 1,500 U.S. stocks and ETFs, providing synthetic price exposure to eligible international users.
Bitwise cuts 14% of staff as crypto layoffs mount during market downturn
Bitwise Asset Management has reduced its global workforce by 14% amid a broader crypto market downturn and industry-wide layoffs.
Brad Lightcap Becomes Latest OpenAI Executive to Head for Exit
Brad Lightcap, OpenAI's longtime executive and former COO, is leaving the company after eight years to start a new venture.
Trump Has Already Made Over $1 Million Selling Access to His Truth Posts
Trump Media has generated over $1 million from high-frequency trading firms paying for early access to Donald Trump's Truth Social posts.
Here's what bitcoin and ether traders are doing ahead of the binary U.S. CPI print
Cryptocurrency traders are positioning themselves with options and volatility strategies ahead of the pivotal U.S. CPI release.
Harmony’s ONE dives 26% after attack appears to create tokens equal to quarter of supply
Harmony’s ONE token dropped 26% after an exploit allegedly minted 4 billion new tokens, increasing the total supply by over a quarter.
SEC and CFTC Hit Goliath Ventures With Parallel Crypto Fraud Complaints
U.S. regulators have filed parallel fraud complaints against Goliath Ventures and its CEO for running a massive crypto Ponzi scheme.
Dogecoin and BNB lead majors higher as bitcoin slips near $63,700
Dogecoin and BNB led major cryptocurrencies higher while bitcoin slipped, as markets awaited key U.S. inflation data.
CFTC invokes emergency powers to keep Kalshi operating in New York fight
The CFTC used its emergency authority to order prediction market Kalshi to continue operating amid an ongoing legal dispute with New York.
Bitwise CIO Says Bitcoin May Be Near Crypto Winter’s Bottom
Bitwise Chief Investment Officer Matt Hougan believes Bitcoin's resilience against negative news suggests the crypto winter may be nearing its bottom.
XRP bridge drained for $200,000 after software mistook fake deposits for real ones
An attacker drained nearly 200,000 XRP from a cross-chain bridge after exploiting a software flaw that registered fake deposits as real.
3 KOSDAQ Stocks Surge Over 50% as KOSPI Slumps, AI Stocks Sink
Three KOSDAQ stocks surged over 50% as tighter ETF rules and an AI-driven selloff pressured South Korea's main KOSPI index.
Want to Read the Market Like Cramer? Ask These 3 Questions
Jim Cramer shares a simplified market-tracking framework based on three key indicators: bond yields, oil prices, and Nvidia's performance.
Korea Sheds $6.2 Billion in August as Asia Rotates Away From AI
Foreign investors pulled $6.2 billion from South Korean stocks in August as capital rotated toward steadier markets amid AI sector volatility.
Riot’s Anthropic Deal Lifts Bitcoin Miner Stocks, But It’s Bad News For BTC
Riot's massive AI lease with Anthropic boosted Bitcoin miner stocks, but it pressures BTC as miners sell coins to fund infrastructure.
Ravencoin hits record low as network exploit puts transactions at risk
Ravencoin plummeted to an all-time low after a network exploit compromised transactions and forced exchanges to suspend transfers.
SEC, CFTC sue Goliath Ventures over $400M crypto Ponzi scheme
The SEC and CFTC have filed lawsuits against Goliath Ventures and its founder over a $400 million crypto Ponzi scheme.
Bitcoin Holders Get 96% Cheaper Entry Into BlackRock’s ETF Without Selling
BlackRock lowered the minimum for in-kind Bitcoin swaps into its ETF from $25 million to $1 million.
Strategy’s $4.6 billion cash buffer gives it almost 3 years before Bitcoin sales create real stress
Strategy has expanded its cash buffer to $4.65 billion, providing nearly three years of runway before Bitcoin sales become necessary to cover dollar obligations.
This spot Bitcoin ETF only logged six inflow days ever – now investors have until August 17 before forced cash liquidation
Hashdex is shutting down its DEFI Bitcoin ETF, giving investors until August 17 to exit before forced cash liquidation.
Robinhood Chain hits 11.6 million daily transactions as USDe fuels TVL growth
Robinhood Chain achieved a record 11.6 million daily transactions and a rising TVL driven by USDe, despite a stagnating user base.
CFTC flexes emergency authority to keep Kalshi operating amid New York lawsuit
The CFTC used its emergency authority to order Kalshi to keep operating despite a lawsuit from New York.
Supermicro Stock Jumps 10% on Doubled Margins and Record AI Backlog
Supermicro stock rose nearly 10% after reporting doubled gross margins, soaring net income, and a record order backlog.
‘Dollar Smile’ Creator Says Yen Intervention Marks the Peak: Is 125 Next?
Eurizon SLJ Capital believes the dollar has peaked against the yen following joint US-Japan market interventions, potentially heading toward 125.
Bitcoin stuck as ETF inflows offset selling, but inflation data could spark a move
Bitcoin remains range-bound as ETF inflows are offset by selling, with upcoming inflation data expected to catalyze market movement.
Regulators To Push Pro-Crypto Initiatives Following Clarity Act Delay
U.S. financial regulators are stepping up pro-crypto initiatives as the Clarity Act faces a legislative delay until September.
CFTC orders Kalshi to continue offering prediction markets in New York after state lawsuit
The CFTC has ordered prediction market Kalshi to keep operating in New York following a state lawsuit over sports-related event contracts.
Bitcoin miner Bitdeer unlocks a $1B cash tap that dilutes shareholders by up to 30% to build its AI empire
Bitdeer has filed an at-the-money program to raise up to $1 billion through Class A share sales to fund its AI and data center expansion.
World’s Safest Money Could Go to Zero: Should Bitcoin Investors Worry?
Norway's sovereign wealth fund CEO warned that the massive fund could theoretically drop to zero amid rising market risks and stretched valuations.
SEC to address crypto regulations in absence of CLARITY passage
The SEC announced a meeting to consider new rules for crypto investment contracts following the Senate's failure to pass the CLARITY Act.
Itaú joins Brazil tokenization pilot with OpenAssets
Latin America’s largest private bank, Itaú, has partnered with OpenAssets to join ANBIMA's tokenization pilot in Brazil.