On unlock day, markets turn savage. $MYX plunges 58% to a low of $0.9184. High above $2 just hours before. Panic sets in. Hack VC strikes fast. In the last seven hours, Hack VC claims 1,279,890 MYX from the airdrop claim contract at `0x92216267bFB526e4142d161Bb4D99C4b0e630530`. That haul clocks in at roughly $2.15 million. No hesitation. No […]
Bitcoin’s price is unstable but investors’ sentiment remains unwavering
Rollblock is no longer a hidden gem – it’s a fast-rising GameFi disruptor that’s caught the attention of crypto insiders, whales, and seasoned traders. Up 580% from its opening presale rounds and already having raised over $11.4 million, Rollblock combines real-world utility with Ethereum-backed infrastructure to create one of the most robust iGaming ecosystems in […]
The Cardano (ADA) price drop has started turning heads, with its recent 3.7% slide sparking talk of what could come next. At the same time, the Sui (SUI) recent update is adding to the uncertainty, showing signs of pressure from a $166 million token unlock and cooling sentiment. While those two assets face challenges, Cold […]
Changpeng Zhao (CZ) has filed a motion to dismiss a $1.76 billion lawsuit brought against him by the FTX bankruptcy trust. He says the court has no legal authority over him because he lives in the United Arab Emirates (UAE). CZ’s Defence According to a Bloomberg report, his legal team submitted the motion on Monday […]
Bitcoin Magazine The Lightning Issue: Letter From The Editor Bitcoin doesn’t scale. That shouldn’t be read to mean that Bitcoin, the asset, or different ways to use it don’t scale. But Bitcoin’s blockchain does not scale. This is a fundamental and undeniable reality of its architecture. We’ve known this definitively since the Blocksize Wars (well, […]
Veteran trader Peter Brandt delivered a sharp critique of Bitcoin holders this week. According to posts on X, Brandt, a septuagenarian with more than 800,000 followers, lashed out at those who “hodl” through thick and thin. He called them “a bunch of idiots who borrow money to buy pizza.” His message was blunt. He urged […]
The Commodity Futures Trading Commission (CFTC) has launched a “crypto sprint” initiative to provide additional regulatory clarity for trading digital assets. CFTC Acting Chairman Caroline D. Pham says the initiative is for trading spot crypto asset contracts that are listed on CFTC-registered futures exchanges, known as designated contract markets (DCMs). “Under President Trump’s strong leadership […]
Crypto asset management giant VanEck says that one altcoin project is flashing major signs of institutional adoption. In a new report, VanEck highlights the growth of the Hedera (HBAR) ecosystem, which the firm notes in July, saw a price increase of over 70% due to a “wave of partnerships, network growth, and broadening institutional legitimization.” […]
Interest in tokenized stocks surged sharply in July, with TSLA and SPY reaching $53.6 million in market cap – up 220% since June, Binance highlighted in its latest report. On-chain addresses linked to these assets grew from just 1,600 to over 90,000 in one month. Trading activity on centralized exchanges dwarfs on-chain platforms by over […]
Japan’s SBI Holdings said it plans to launch a bitcoin/ XRP exchange-traded fund (ETF) on the Tokyo Stock Exchange, but the launch is contingent on the Financial Services Agency approving cryptocurrency-linked investment trusts and ETFs. FSA’s Regulatory Review The Japanese financial services group, SBI Holdings, recently revealed its plan to launch a bitcoin/ XRP exchange-traded […]
Key Takeaways: SBI Holdings has submitted the first ETF application in Japan that bundles Bitcoin (BTC) with Ripple XRP. The relocation comes at a time when notable crypto regulations have been set out in the United States, to enhance stability of stablecoins and innovation of digital assets SBI has also addressed ventures into USD- and […]
The Solicitors Regulation Authority has decided to prosecute Claire Gill, a partner at Carter-Ruck, over an alleged email from 2017.
The deal marks Bakkt’s latest pivot toward becoming a crypto treasury company, with a 30% stake in Tokyo-listed Marusho Hotta and plans to rebrand it as bitcoin.jp.
Everyone buys Bitcoin, but on-chain data identifies major time lag
The Trump White House has reportedly set its sights on punishing banks it believes have been debanking conservatives. The Wall Street Journal says it has reviewed a draft executive order that would instruct banking regulators to probe banks that may have violated the Equal Credit Opportunity Act. Regulators would also be directed to investigate whether […]
Galaxy Digital CEO Mike Novogratz believes the trend of companies adding Bitcoin to their treasury reserves has reached its peak with fewer new entrants expected. The firm recently executed one of the largest Bitcoin sales in history, selling 80,000 BTC on behalf of an anonymous client to institutional buyers. Meanwhile, US spot Bitcoin ETFs have […]
Brazil’s Chamber of Deputies will hold a hearing on 20 August to deliberate on creating a national Bitcoin reserve through bill 4501/2024. A 2024 proposal suggested allocating 5% of Brazil’s US$330 billion reserves to Bitcoin, which would equate to approximately US$16.5 billion in BTC. Brazil leads South American crypto adoption with millions of users and […]
Bitcoin Magazine Sazmining Becomes First Bitcoin Mining Firm to Integrate Square for Payments Today, Sazmining announced it has become the first mining-as-a-service company to integrate Square’s payment platform, offering customers a faster and more reliable way to purchase mining hardware and services. According to a press release sent to Bitcoin Magazine, the integration allows payments […]
A CEO thinks XRP is one of the most misunderstood tokens out there. Jake Claver, chief executive of Digital Ascension Group, marked his YouTube channel hitting 100,000 subscribers by talking about what might push XRP’s price higher. Institutional Bets On XRP Backing According to Claver, Digital Wealth Partners now holds over $200 million worth of […]
The crypto market has been simmering with intriguing projects bubbling on the horizon. Nowhere is this more obvious than the crypto presales – the embodiment of potential within the industry. With a new wave of blockchain projects, cryptos such as Token6900 and Little Pepe have been drawing attention. Yet could they be overshadowed by the […]
TL;DR Large ETH wallets sent $69M to exchanges, showing signs of positioning before potential selling. Net taker volume dropped $418M, marking one of the sharpest sell imbalances in ETH history. ETF flow reversed after major outflows, with $73M added back amid shifting market sentiment. Large Sell-Side Volume Raises Attention Ethereum (ETH) recorded a sharp drop […]
Bitcoin derivatives activity has climbed to unprecedented levels, with futures open interest across major exchanges reaching $79 billion and options positioning signaling a heavy tilt toward calls. Bitcoin Derivatives Market at Record Levels as Traders Position for Moves According to Coinglass data, total BTC futures open interest (OI) stands at 692,490 BTC, equivalent to $79 […]
Key Takeaways: The SEC’s Division of Corporation Finance has officially stated that Liquid Staking activities do not constitute securities transactions. Staking Receipt Tokens (LSTs) are also not considered securities, provided they meet specified criteria. This regulatory green light removes major compliance hurdles for Ethereum and Solana staking protocols and crypto ETF issuers. The U.S. Securities […]
XRP price faces mounting pressure as whales exit, and $2.65 emerges as the line between recovery and a bigger correction.
The cryptocurrency treasury strategy complements the company's existing focus on core networking solutions, indicating a balanced approach to growth …
Michael Saylor issues a crucial five-word Bitcoin warning as price drops to $114,000
A closely followed analyst and trader believes the leading layer-1 platform Ethereum (ETH) is poised for a breakout surge. The pseudonymous trader Inmortal tells his 234,400 followers on the social media platform X that he believes Ethereum is gearing up for a rally toward new all-time high prices. The analyst shares a chart suggesting that […]
Bitcoin Magazine Tennessee Bitcoin Alliance to Position the Volunteer State at the Center of America’s Bitcoin Revolution A new nonprofit organization, the Tennessee Bitcoin Alliance (TNBTC), has been formed to accelerate bitcoin adoption across Tennessee through coordinated public-education programs and a focused legislative agenda. Its stated mission is to integrate bitcoin with commercial activity in […]
Satsuma Technology secured $217.6 million in its latest raise, with over half settled in Bitcoin, drawing support from top crypto funds and UK institutional investors.
EIP-7999 proposes a single, fungible max fee to cover multiple Ethereum transaction resources. The upgrade could further improve cost-efficiency and maintain Ethereum’s competitive edge. It would build on past improvements like EIP-7706 and gas normalisation research. Ethereum co-founder Vitalik Buterin and developer Anders Elowsson have introduced a new proposal, EIP-7999, aimed at simplifying Ethereum’s complex […]
The SEC issued new guidance stating that liquid staking, in some forms, does not qualify as a securities transaction. Commissioner Hester Peirce backed the view, likening liquid staking to depositing assets in exchange for ownership receipts. Meanwhile, Commissioner Caroline Crenshaw criticised the guidance as legally unfounded and detached from reality. The US Securities and Exchange […]