Bitcoin miners showed a “concerning” trend of pivoting to AI amid a profit squeeze as transaction-fee income barely bounced from 10-year lows of 0.52% of revenue.
On Tuesday, Aug. 11, onchain trackers caught a Genesis ethereum (ETH) wallet moving 2,680 ETH worth $5.03 million after sitting untouched for 11 years. The ancient stash was worth just $830 back then, meaning the long-forgotten pile delivered a staggering 605,924% gain. Much like dormant bitcoin whales suddenly rising from decades of slumber, vintage ethereum […]
The US Bureau of Labor Statistics just published the Consumer Price Index data for July, which has essentially matched most expectations, with the regular CPI coming in at 3.3% to 3.4%. The substantial increase in the CORE CPI of 2.5% was official, given the decline in June due to the decreasing energy costs at the […]
Billionaire venture capitalist Tim Draper has doubled down on his ultra-bullish Bitcoin outlook.
Cryptocurrency has changed how players fund online casino accounts, with Bitcoin and other digital assets now supported by a growing number of …
TL;DR Wallets holding between 1 million and 10 million ADA fell from 2,370 to 2,340 in nine days as large holders took profits. ADA slipped from above $0.202 to $0.188 while exchange supply increased, the MVRV ratio formed a death cross and TD Sequential flashed a sell signal. Buyers now face a key test at […]
Billionaire investor Tim Draper said Bitcoin could eventually go “infinite” against the U.S. dollar, reiterating his long-term bullish view in comments shared on X. Draper linked the outlook to growing Bitcoin adoption and the potential shift toward crypto-based payments. His argument comes as Bitcoin continues expanding beyond investment markets and into everyday commerce. Square began […]
BitMine Immersion Technologies has added another 7,391 ETH to its balance sheet, pushing its Ethereum treasury to about 5.81 million ETH. The company’s Ethereum position now represents roughly 4.8% of circulating supply, while more than 5 million ETH is staked through its validator platform. That makes BitMine one of the most aggressive public-company examples of […]
Public criticism from ZachXBT tends to follow a predictable script: an investigation, a thread full of receipts, and an exchange scrambling to respond. This time, the script flipped. Bitget CEO Gracy Chen published a statement owning the exchange’s failures head-on, and ZachXBT, the same researcher who’s spent months hammering exchanges over exactly this kind of […]
Federal regulators are stepping in to keep a major prediction market platform running nationwide despite a state effort to halt operations. The U.S. Commodity Futures Trading Commission (CFTC) says it used emergency powers after the platform notified the agency of a market emergency triggered by New York’s July 31st lawsuit seeking a temporary restraining order […]
Bitcoin Magazine Bitcoin Yawns As Fed’s Favorite Inflation Gauge Eases Bitcoin’s price dipped slightly before remaining mostly steady after data on Wednesday showed that U.S. inflation was subdued. The price of the largest cryptocurrency recently stood at $63,863, mostly unmoved over a 24-hour period. Over the past week, Bitcoin is also flat. The core consumer […]
Amid a $473 million legal dispute, RedotPay says it expects Binance to end its Singapore case, while Binance says its claims remain active.
U.S. inflation cooled for a second straight month in July, another sign that spring’s energy-driven price shock is fading even as inflation remains stubbornly above the Federal Reserve’s 2% target. The U.S. Consumer Price Index (CPI) rose 0.1% in July on a seasonally adjusted basis, the Bureau of Labor Statistics reported Aug. 12. That landed […]
The Bank of Russia published a draft framework on 11 August letting non-qualified investors buy Bitcoin, Ethereum and Tether’s USDT through brokers, exchanges and asset managers. Purchases would be capped at 300,000 rubles a year with each intermediary, and the limit applies separately to every firm an investor uses. XRP and every other token are […]
XRP’s price has remained under pressure, alongside the choppy price action seen across other major crypto assets. It has struggled throughout the summer, shedding almost 30% since mid-May. But the slump hasn’t stopped whale wallets from growing. Biggest Wallets Are Quietly Growing According to Santiment’s latest analysis, the number of wallets holding at least 1 […]
Bitcoin traded at US$63,680 (AU$90,426) early on Wednesday, down 0.48% over 24 hours, for a market capitalisation of US$1.28 trillion (AU$1.82 trillion), on CoinGecko figures. Strategy sold 1,690 BTC for US$108.6 million (AU$154.2 million) in the week to 9 August at an average US$64,262 (AU$91,252), against an average purchase price of US$75,385 (AU$107,047). US inflation […]
The market is in a complicated position as multiple assets are unlikely to recover from their local support levels.
Cryptocurrency Market NewsTreasurySTRC … SharpLink reported a $394.3 million net loss for the second quarter of 2026, with the… Cryptocurrency …
Fidelity plans to add staking to its Ether fund, with 85% of rewards retained by FETH and quarterly cash distributions planned for investors.
BlackRock has reduced the in-kind conversion minimum for its iShares Bitcoin Trust from $25 million to $1 million, potentially making the mechanism available to a wider group of institutional participants. The change was disclosed in an updated IBIT filing and relates to in-kind creation and redemption activity, not retail holders directly swapping ETF shares for […]
The foundational narrative of Web3 positions financial democratization as the core of its value proposition. The removal of intermediaries, permissionless access, and sovereign custody of assets are presented as mechanisms capable of integrating populations excluded from the traditional banking system. However, an analysis of the incentive architecture and on-chain capital flows reveals a different reality. The infrastructure enables […]
The tokenization of real-world assets (RWAs) — from Treasury bills and private credit to real estate and commodities — is shaping up to be crypto’s next multi-trillion-dollar narrative. BlackRock’s BUIDL fund, Franklin Templeton’s on-chain money market, and a wave of institutional pilots are moving the conversation from “if” to “how fast.” At the center of […]
For nearly a year, ZachXBT has been telling anyone who’d listen that centralized exchanges have the power to actually punish market manipulators instead of just watching from the sidelines. Now a claim that started circulating on crypto Twitter has been followed by something rarer: Bitget’s own official account confirming, in its own words, that a […]
Bitcoin Magazine Casa CEO Nick Neuman: 233k BTC Moved To Safety After Coldcard Exploit Proves Self-Custody Resilience Casa CEO Nick Neuman pointed to onchain data from the recent Coldcard firmware exploit as evidence that self-custody strengthens Bitcoin’s resilience as an asset class. In an X post on Aug. 9, Neuman cited figures showing that in […]
Nvidia is working with major Wall Street firms to mobilize more than $500 billion for AI infrastructure over time. The financing platforms could turn GPU compute into a long-duration institutional investment category. Wall Street Capital Moves Into Nvidia AI Infrastructure More than $500 billion of third-party capital could support AI infrastructure through independent financing platforms […]
The U.S. Securities and Exchange Commission is preparing to roll out two major crypto initiatives as Congress struggles to advance the Clarity Act.
TL;DR CPI for July lands August 12, followed by PPI on August 13 and retail sales on August 14, three straight readings that test how much support builds behind the Fed’s hawkish dissent. FOMC minutes from the July 28–29 meeting publish August 19, showing how the committee weighed a 9–3 vote marked by the first […]
BitMine Immersion Technologies has added another 7391 ETH to its balance sheet, pushing its Ethereum treasury to about 5.81 million ETH.
Ethereum has declined by more than 2% over the past 24 hours, but still holds a small weekly gain. ETH is currently at $1,875, while many traders are waiting for a deeper flush to $1,475 before buying. But the latest analysis by trader Nonzee indicates that such a move may not come, as the main shakeout […]
Riot Platforms has signed a long-term data center lease agreement tied to Anthropic, giving the Bitcoin miner another route into AI and high-performance computing as miners continue looking beyond block rewards. The company’s filing describes a 20-year lease agreement for 191 megawatts of critical IT capacity at its Rockdale campus. The deal carries total revenue […]
After an August recess, lawmakers in the Senate will have just 36 days in session before the end of the year to pass the CLARITY Act.
Bitcoin Magazine CFTC Charges Goliath Ventures With $400M Bitcoin Fraud The Commodity Futures Trading Commission has sued a Florida crypto trading firm and its chief executive, alleging they ran a Ponzi scheme that took in at least $397 million from about 1,600 customers and spent it on fake payouts and personal luxuries. The complaint, filed […]