Crypto Short News
Bitcoin Aug 16, 2025 10:36 UTC
Bitcoin Whale Awakens After 5 Years, Moves $353M in BTC
A long-time Bitcoin holder, known as “19D5J8,” has resurfaced after five years of complete dormancy. The wallet is among the Bitcoin OG addresses, holding a massive 23,969 BTC, worth about $2.82 billion. Earlier today, the whale transferred 3,000 BTC, valued at approximately $353 million, to a newly created wallet. Such large movements after years of silence often raise curiosity in the crypto community, sparking discussions about market impact, investor strategy, and the return of early Bitcoin adopters.
Crypto news Aug 16, 2025 06:36 UTC
Trump’s World Liberty Buys WBTC and ETH Worth $18.6M
Trump’s crypto venture, World Liberty (WLFI), has made a significant $18.6 million investment using USDC. The firm purchased 84.5 Wrapped Bitcoin (WBTC) at an average price of $118,343 each, along with 1,911 Ethereum (ETH) at $4,500 each. This move strengthens WLFI’s digital asset portfolio and signals growing confidence in leading cryptocurrencies like Bitcoin and Ethereum. The investment highlights WLFI’s ongoing strategy to back major crypto assets as part of its broader financial vision.
Crypto ETF Aug 16, 2025 05:58 UTC
Grayscale Files for First U.S. Spot Dogecoin ETF
Grayscale has officially submitted an S-1 filing to launch the first U.S. spot Dogecoin exchange-traded fund (ETF) under the ticker symbol “GDOG”. If approved, the product would give investors direct exposure to Dogecoin through a regulated market instrument, marking a major step for the memecoin’s mainstream adoption. This move also expands Grayscale’s growing lineup of crypto-focused investment products, reinforcing its role as a leading player in bridging digital assets with traditional finance.
Crypto news Aug 16, 2025 05:49 UTC
BitMine Boosts Ethereum Reserves to $5.77 Billion
BitMine, an Ethereum-focused treasury company, has added 135,135 ETH worth $600 million to its holdings. The purchase was made through three major institutional service platforms, FalconX Global, Galaxy, and BitGo. With this latest accumulation, BitMine’s total Ethereum reserves now stand at 1.297 million ETH, valued at $5.77 billion. This move highlights BitMine’s continued confidence in Ethereum as a core asset and strengthens its position as one of the largest institutional ETH holders.
Crypto news Aug 14, 2025 13:52 UTC
US Treasury: No Plans to Buy Bitcoin, Says Secretary Bessent
US Treasury Secretary Bessent has confirmed that the government is not planning to buy Bitcoin at this time. His remarks put to rest speculation about potential US entry into the crypto market. While acknowledging the growing role of digital assets, Bessent emphasized that the Treasury’s current focus remains on regulation and oversight rather than direct investment. The statement reflects a cautious approach as policymakers weigh the risks and opportunities in the evolving cryptocurrency landscape.
Crypto news Aug 14, 2025 13:42 UTC
Coinbase Acquires Deribit, Boosting Crypto Derivatives Power
Coinbase has completed its acquisition of Deribit, a top crypto options trading platform with approximately $59 billion in open interest and a record $185 billion in monthly trading volume in July. Deribit recorded over $1 trillion in trading volume last year, making it a dominant player in the crypto derivatives market. This acquisition enables Coinbase to offer comprehensive trading across spot, futures, perpetual contracts, and options, strengthening its position as a global leader in crypto derivatives.
Hack Aug 14, 2025 13:37 UTC
Turkey’s BtcTurk Suffers $48M Theft in Exchange Hack
Turkish cryptocurrency exchange BtcTurk, the country’s second-largest and oldest, has been hacked, with over $48 million worth of assets stolen. The attacker has completed transferring the stolen funds and started exchanging them. In response, BtcTurk has suspended all cryptocurrency deposits and withdrawals while investigating the breach. The hack affected multiple blockchains, including Ethereum, Avalanche, and Polygon. The exchange is working with security firms to manage the situation and protect user assets in cold storage.
Crypto news Aug 14, 2025 12:36 UTC
Treasury Secretary Bessent Reveals $20B Bitcoin Holdings
US Treasury Secretary Scott Bessent confirmed that the United States holds up to $20 billion worth of Bitcoin as part of its digital asset reserves. This significant holding reflects the government’s ongoing involvement in the cryptocurrency space and underscores Bitcoin’s growing role in financial markets. The announcement highlights a new era of digital asset recognition at the highest levels of government, indicating a strategic interest in Bitcoin alongside traditional financial instruments.
Crypto news Aug 14, 2025 11:47 UTC
Metaplanet Becomes 6th Largest Corporate Bitcoin Holder
Japanese company Metaplanet has surged to become the 6th largest corporate holder of Bitcoin, now owning 18,113 BTC. This milestone pushes Metaplanet ahead of Trump Media in the rankings. Valued at over $1.21 billion, their growing Bitcoin treasury reflects aggressive accumulation and a strong commitment to digital assets. Metaplanet’s bold move underscores Japan’s expanding influence in corporate Bitcoin adoption and signals a shift toward crypto as a strategic asset worldwide.
Crypto news Aug 14, 2025 08:31 UTC
Robinhood Reports Strong Growth in July 2025 Operating Data
Robinhood reported its July 2025 operating metrics with funded customers reaching 26.7 million, up 2.5 million year-over-year. Total platform assets surged 106% to $298 billion. Net deposits for the month were $6.4 billion. Crypto trading volume on the Robinhood app jumped 217% year-over-year to $16.8 billion. The company also saw equity trading volumes double to $209.1 billion and securities lending revenue increase 190% year-over-year to $61 million. These results reflect robust growth across Robinhood’s customer base, assets, and trading activity.
Crypto news Aug 14, 2025 07:40 UTC
Binance Coin Soars to All-Time High of $864
Binance Coin (BNB) has reached a new all-time high of $864, marking a major milestone for the cryptocurrency. The surge comes amid renewed momentum in the broader crypto market and strong activity within the Binance ecosystem. Increased adoption of Binance’s DeFi services, rising trading volumes, and positive market sentiment have fueled BNB’s rally. Analysts suggest continued strength could push the token higher, further cementing its role as a core asset in the digital currency space.
Crypto news Aug 14, 2025 06:37 UTC
Justin Sun Sues Bloomberg to Protect Crypto Privacy
Tron founder Justin Sun has filed a lawsuit against Bloomberg in Delaware court to stop the media company from publishing detailed information about his cryptocurrency holdings. Sun alleges that Bloomberg promised to keep his financial data strictly confidential and only use it to verify his net worth. He claims releasing this sensitive information would cause irreparable harm, exposing him to risks like hacking and theft. Sun is seeking a court order to prevent Bloomberg from disclosing these private details and is pursuing legal costs to uphold his privacy rights.
Hack Aug 14, 2025 06:25 UTC
Coinbase Loses $300K to MEV Bots
Coinbase lost about $300,000 after mistakenly approving token transfers to the 0x Project’s swapper contract, which allowed MEV bots to quickly exploit the corporate wallet. Coinbase’s Chief Security Officer confirmed that customer funds were not affected. The company swiftly revoked token permissions and moved remaining assets to a new secure corporate wallet to prevent further losses. This incident highlights the risks of smart contract misconfigurations and the fast-acting nature of MEV bots in the crypto space.
Altcoins Aug 14, 2025 05:48 UTC
Google Search Interest for “Altcoin” Hits Highest Level Since 2021 Amid Crypto Rally
Google search interest for the term “altcoin” has surged to its highest level since 2021 as of August 2025. This spike aligns with a strong cryptocurrency market rally, led by Ethereum trading above $4,500 and Bitcoin nearing $120,000. Increased retail investor enthusiasm, altcoin ETF filings, and corporate crypto treasury diversification are fueling the renewed interest. The surge in altcoin searches signals growing attention towards alternative cryptocurrencies and may indicate an emerging altcoin season marked by rising trading activity and market volatility.
Bitcoin Aug 14, 2025 05:14 UTC
Bitcoin Hits New All-Time High of $124,000, Becomes 5th Largest Global Asset
Bitcoin surged past $124,000 on August 14, 2025, setting a fresh all-time high. This milestone pushed Bitcoin ahead of Google, making it the fifth-largest asset by market capitalization worldwide. The rally was driven by strong institutional interest, ETF inflows, and expectations of a U.S. interest rate cut. Bitcoin’s surge also lifted the entire crypto market, which is now close to a $4.2 trillion valuation, with major altcoins like Ethereum showing solid gains. This marks another key step in Bitcoin’s mainstream financial acceptance.
Hack Aug 14, 2025 05:09 UTC
Radiant Capital Hacker Nearly Doubles Stolen Funds Through Ethereum Trading
About 10 months ago, a hacker stole $53 million from Radiant Capital, converting the entire amount into 21,957 ETH. Recently, the hacker began selling off 9,631 ETH for approximately $43.94 million at an average price of $4,562 per ETH. With 12,326 ETH still held, valued at $58.6 million, the total worth has risen to $102.54 million. This results in a profit of $49.5 million, marking a 93.5% increase from the original theft. The case highlights ongoing risks in decentralized finance and crypto security.
Funding Aug 14, 2025 05:01 UTC
Donald Trump Jr.-Backed Thumzup Raises $50M for Crypto Mining Expansion
Thumzup Media Corporation, backed by Donald Trump Jr., has raised $50 million to expand its cryptocurrency mining operations and digital asset investments. The company plans to deploy capital toward advanced, energy-efficient Bitcoin mining infrastructure and diversify its crypto treasury, including Bitcoin, Ethereum, Dogecoin, and Solana. Thumzup also expanded its partnership with Coinbase, establishing a Bitcoin-backed credit facility to support growth. This strategic move positions Thumzup as a significant player in the evolving crypto market amid Bitcoin’s recent price surge.
Bitcoin Aug 14, 2025 04:57 UTC
SpaceX Bitcoin Holdings Top $1 Billion
Arkham Intelligence data shows SpaceX holds 8,285 BTC, worth over $1 billion. The company first bought Bitcoin on December 31, 2020, and made its last purchase on June 10, 2022. SpaceX has held its BTC since, with no major sales, placing it among the world’s largest corporate Bitcoin holders as of August 2025.
Crypto news Aug 14, 2025 04:52 UTC
Eric Trump Turns to Ethereum After Banks Close Trump Family Accounts
Eric Trump reports that major U.S. banks—including Capital One, JPMorgan Chase, Bank of America, and First Republic—closed hundreds of Trump-linked accounts without warning in 2025. He cites these closures as the reason the Trump family turned to cryptocurrencies like Ethereum for financial operations. The move has fueled debate over political motivations in banking, with Eric Trump now actively promoting crypto as an alternative financial solution.
Ethereum Aug 13, 2025 12:44 UTC
Ethereum Surpasses Netflix
Ethereum’s market capitalization has surged to around $566 billion, briefly surpassing Netflix and Mastercard in value. This rise places Ethereum as the 22nd largest global asset, reflecting strong investor interest fueled by its expanding role in decentralized finance, NFTs, and Layer 2 scalability solutions. Ethereum continues to gain traction as a major digital asset, with growing institutional adoption and robust network activity reinforcing its position among the world’s top market-cap giants. Traders are closely watching its next moves.
Exchange News Aug 13, 2025 12:40 UTC
FTX Creditor Data Leak Raises Phishing Alert
FTX creditor activist Sunil Kavuri has revealed a data leak involving names and email addresses of FTX creditors. The breach likely originated from FTX or its claims agent Kroll, following a SIM-swapping attack on a Kroll employee. This exposure has led to phishing emails targeting creditors, impersonating the exchange and urging caution. Creditors are advised to avoid clicking email links, verify sender authenticity, and use only official claims portals. Vigilance is crucial as FTX prepares to begin creditor payouts starting September 30, 2025.
Ethereum Aug 13, 2025 11:40 UTC
ETH Liquidations Hit $296.55M in 24 Hours
Over the past 24 hours, Ethereum traders have endured $296.55 million in liquidations as market volatility surged. Sharp price movements triggered the forced closure of leveraged positions across major exchanges. Short positions were hit the hardest, with rising prices intensifying losses for bearish traders. This spike in liquidations signals increased speculative activity and highlights the risks of heavy leverage during rapid market swings.
Crypto news Aug 13, 2025 10:29 UTC
Metaplanet Leads Asia with 18,113 BTC
Metaplanet’s Q2 2025 report reveals it holds 18,113 BTC, ranking fourth worldwide and first in Asia. The company raised 242.2 billion JPY to buy Bitcoin this year and achieved an impressive 468.1% BTC yield. This strong performance highlights Metaplanet’s leadership in the Bitcoin treasury space and its strategic focus on growth through cryptocurrency investments. The report underscores confidence in Bitcoin’s long-term value and the company’s expanding market presence.
Ethereum Aug 13, 2025 10:28 UTC
Standard Chartered Sees Ethereum Soaring to $7,500 by 2025
Standard Chartered has significantly raised its Ethereum price targets, now predicting the cryptocurrency will reach $7,500 by the end of 2025, compared to its previous forecast of $4,000. The bank also expects Ethereum to soar to $25,000 by 2028. This upgrade reflects growing optimism about Ethereum’s future, fueled by its expanding real‑world applications and rising investor interest. The forecast signals strong confidence in Ethereum’s long‑term value and role in the evolving digital asset market.
Exchange News Aug 13, 2025 08:07 UTC
OKX Upgrades X Layer, Burns 65M OKB, and Fixes Supply at 21M
OKX announced a major upgrade to its X Layer blockchain, boosting performance and focusing on DeFi and payments. As part of this, OKX permanently burned 65,256,712 OKB tokens from reserves and buybacks. The OKB smart contract was upgraded to remove minting and manual burns, fixing the total supply at 21 million. OKTChain will be phased out, with OKT tokens swapped for OKB at an average price from July 13 to August 12, 2025. Following the news, OKB briefly hit a $134 all-time high before settling near $129.
Hack Aug 13, 2025 07:03 UTC
Odin.fun Hit by $7 Million Bitcoin Exploit
Odin.fun, a Bitcoin-based memecoin launchpad, suffered a major exploit resulting in a $7 million Bitcoin loss. Attackers manipulated the price of the SATOSHI meme token in a liquidity pool, inflating its value before draining funds. This caused Odin.fun to suspend all trading and withdrawals to protect users’ assets. The platform’s founder confirmed the breach and said they are investigating while working with security experts and law enforcement. The event has shaken user confidence and disrupted the platform’s operations.
Ethereum Aug 13, 2025 06:50 UTC
Ethereum Nears All-Time High as Transactions Hit Record Level
August 2025 — Ethereum’s network activity is surging, with daily transactions hitting a record 1.875 million. The spike in on-chain usage comes as ETH’s price approaches its all-time high of $4,878, last set in November 2021. Analysts note that rising transaction volumes often signal heightened demand for network resources, potentially reinforcing bullish momentum in the market.
Crypto news Aug 13, 2025 06:48 UTC
CMBI and DigiFT Roll Out Multi-Chain Tokenized USD Fund
CMB International Asset Management has teamed up with Singapore-based DigiFT to tokenize its USD Money Market Fund. This innovative token product, recognized by regulators in Hong Kong and Singapore, is deployed across multiple blockchains including Solana, Ethereum, Arbitrum, and Plume. It supports multi-currency subscriptions and redemptions, offering real-time liquidity through advanced smart contracts. This marks the industry’s first multi-jurisdictional, multi-chain tokenized money market fund, enhancing accessibility for qualified investors on the DigiFT platform.
Crypto news Aug 13, 2025 06:42 UTC
Grayscale Registers Cardano and Hedera ETFs
Grayscale has taken a step toward broadening its crypto offerings by registering Cardano and Hedera Trust ETFs in Delaware. Filed on August 12, 2025, the move suggests possible plans for spot ETFs in both assets. While they still await regulatory approval, this signals Grayscale’s intent to go beyond Bitcoin and Ethereum, giving institutional investors more choice and showing growing interest in a wider range of digital assets.
Bitcoin Aug 13, 2025 05:56 UTC
Bitcoin Futures Power Index Falls to Neutral as BTC Trades Near All-Time High
In August 2025, the Bitcoin Futures Power index fell to zero after a period of positive readings that aligned with BTC’s price growth. This neutral level signals a slowdown in futures market momentum, influenced by open interest, funding rates, and order imbalances. With Bitcoin trading near its all-time high, the index’s neutral stance raises the likelihood of a drop into negative territory, which historically precedes market corrections. This shift highlights cautious sentiment in the Bitcoin futures space despite record price levels.
Ethereum Aug 13, 2025 05:30 UTC
Fidelity Increases Ethereum Holdings with $145 Million Purchase
Fidelity Investments acquired $145 million worth of Ethereum (ETH), reflecting rising institutional demand for the cryptocurrency. This substantial purchase highlights Fidelity’s ongoing commitment to expanding its digital asset portfolio as Ethereum trades near $4,600. The move aligns with a broader trend of increased investment in Ethereum through spot ETFs and other institutional channels, signaling confidence in ETH’s potential within the evolving crypto market landscape.
Crypto news Aug 13, 2025 05:19 UTC
Norway’s Sovereign Wealth Fund Boosts Indirect Bitcoin Holdings by 192% in 2025
Norway’s $1.7 trillion sovereign wealth fund, Norges Bank Investment Management (NBIM), increased its indirect Bitcoin exposure by 192%, rising from 3,821 BTC at the end of 2024 to 7,161 BTC in 2025. This surge, valued at approximately $844 million, primarily came through investments in leading Bitcoin-holding companies like Strategy and Marathon Digital. The move highlights growing institutional confidence in Bitcoin as a part of diversified global portfolios.
Ethereum Aug 13, 2025 05:14 UTC
Ethereum Foundation-Linked Wallet Sells Additional 2,400 ETH Amid Market Rally
An Ethereum Foundation-linked wallet sold 2,400 ETH at $4,602, just hours after offloading 1,695 ETH for $7.72 million in DAI. The wallet originally received 20,756 ETH from the Foundation’s “EF 1” address in 2017. Such transactions are part of the Foundation’s routine treasury and funding strategy, supporting operations, grants, and ecosystem development. The sale comes as Ethereum trades near $4,600, reflecting strong institutional interest and market momentum.
Ethereum Aug 13, 2025 05:07 UTC
U.S. Spot Ethereum ETFs Record $524M Inflows, Near All-Time Price High
U.S. spot Ethereum ETFs attracted $523.9 million in net inflows on Tuesday, following Monday’s $1.02 billion record. This marks six consecutive days of gains, totaling $2.33 billion. BlackRock’s ETHA led with $318.67 million, followed by Fidelity’s FETH at $144.9 million. ETH traded near $4,667, close to its $4,878 record, as institutional demand and corporate treasury adoption push total spot ETF holdings to about 4.8% of Ethereum’s market supply.
Crypto news Aug 12, 2025 14:03 UTC
Grayscale Rolls Out DeepBook and Walrus Trusts on Sui Blockchain
Grayscale has introduced two single-asset investment trusts, giving investors direct access to the DEEP and WAL tokens. DEEP powers DeepBook, a decentralized order book for high-speed, efficient trading, while WAL drives Walrus, a secure, scalable on-chain data storage solution. Both protocols are part of the Sui blockchain, known for its low fees, fast transactions, and flexible smart contracts. This move broadens Grayscale’s offerings and opens new doors for accredited investors to tap into Sui’s expanding DeFi and data infrastructure ecosystem.
Exchange News Aug 12, 2025 13:38 UTC
Crypto.com Teams Up With VivoPower to Boost Digital Asset Management
Crypto.com and VivoPower have announced a strategic partnership where Crypto.com will provide custodial services to support VivoPower’s expanding digital asset treasury and mining operations. Through this collaboration, VivoPower’s shares will be accessible for trading on platform, reaching its 150 million users. Shareholders will also benefit from enhanced liquidity in XRP and other digital assets, alongside access to XRP restaking via Flare. This partnership strengthens VivoPower’s XRP-focused digital asset strategy and broadens its growth potential.
Ethereum Aug 12, 2025 13:05 UTC
BitMine Targets $20B Raise to Boost Ethereum Holdings
BitMine, a major Ethereum treasury company, has updated its prospectus to increase the size of its Common Stock offering to $24.5 billion. This total includes $2 billion from the current prospectus, $2.5 billion from a previous supplement, and an additional $20 billion from the latest filing. The capital raise is aimed at aggressively expanding BitMine’s ETH holdings, further securing its position as one of the largest institutional Ethereum holders and highlighting growing corporate confidence in Ethereum’s long-term potential.
US CPI Aug 12, 2025 12:37 UTC
U.S. Inflation Holds at 2.7%, Slightly Below Expectations
The latest U.S. Consumer Price Index (CPI) data shows inflation holding steady at 2.7% in the most recent reading, matching the previous month but coming in just under the 2.8% expected by economists. The flat reading suggests price growth is stabilizing, providing a cautious boost to hopes that inflationary pressures may be easing. While still above the Federal Reserve’s 2% target, the steady figure could influence the central bank’s upcoming decisions on interest rates.
Crypto news Aug 12, 2025 11:20 UTC
Qubic Mining Pool Takes Over Monero Network in Major 51% Attack
SlowMist’s founder confirmed that the Qubic mining pool has successfully carried out a 51% attack on Monero. Qubic now controls most of the network’s hashrate, causing a significant chain reorganization. This control lets Qubic rewrite transaction history, perform double-spend attacks, and block transactions. Ledger’s CTO warned that sustaining this attack could cost around $75 million per day, highlighting serious risks to Monero’s network security.
Stablecoin Aug 12, 2025 10:52 UTC
Circle Unveils Arc – A New Blockchain Built for Stablecoins
Circle has announced Arc, a new open Layer-1 blockchain aimed at powering stablecoin payments, foreign exchange, and capital markets. Designed with enterprise-grade infrastructure, Arc is EVM-compatible and uses USDC as its native gas token. The blockchain promises speed, security, and efficient transactions for global finance. Circle plans to launch Arc’s public testnet later this fall, giving developers and businesses a chance to explore its capabilities before a full rollout. This marks a major step in stablecoin-focused blockchain innovation.
Bitcoin Aug 12, 2025 07:03 UTC
Grant Cardone to Invest $1 Billion in Bitcoin
Real estate investor Grant Cardone has announced plans to invest $1 billion in Bitcoin, signaling one of his boldest forays into cryptocurrency. Cardone, famous for building a vast property empire, says the move reflects his confidence in Bitcoin as both a store of value and protection against economic uncertainty. While he hasn’t shared a timeline or purchase specifics, the announcement has stirred excitement in real estate and crypto circles, highlighting his shift toward digital assets.
Crypto news Aug 12, 2025 05:46 UTC
Stripe Partners with Paradigm to Build High-Speed Payment Blockchain
Stripe is developing a new blockchain called Tempo in partnership with crypto venture capital firm Paradigm. Designed as a high-speed, payments-focused Layer 1, Tempo is compatible with Ethereum’s programming language, making it easy to integrate with existing tools. Currently in stealth mode with a small team, the project aims to make cross-border payments faster, cheaper, and more efficient. This initiative follows Stripe’s acquisitions of stablecoin firm Bridge and wallet developer Privy, further bolstering its crypto payment infrastructure.
Crypto news Aug 12, 2025 05:33 UTC
Metaplanet Boosts Bitcoin Holdings with $61M Purchase
Japan-listed firm Metaplanet has increased its Bitcoin holdings, purchasing 518 BTC for approximately $61.4 million at an average price of $118,519 per coin. Following this move, the company now holds a total of 18,113 BTC, worth around $1.85 billion, with an average purchase price of $101,911 per bitcoin. This latest acquisition underscores Metaplanet’s ongoing commitment to Bitcoin as a key asset in its treasury strategy.
Ethereum Aug 11, 2025 13:54 UTC
SharpLink Secures $400M, Pushing its Ethereum Treasury Above $3B
SharpLink has struck a $400 million registered direct offering deal with five global institutional investors. Combined with its unused $200 million at-the-market (ATM) facility, the funds will bolster the company’s already substantial crypto reserves. SharpLink currently holds about 598,800 ETH, and with this fresh capital, its Ethereum treasury is projected to top $3 billion. The move reflects the company’s strong commitment to Ethereum as a core asset and its strategy to maintain one of the largest ETH treasuries globally.
Crypto news Aug 11, 2025 13:30 UTC
Chainlink and ICE Launch Real-Time Forex and Metals Data on Blockchain
Chainlink has partnered with Intercontinental Exchange (ICE) to bring high-quality foreign exchange and precious metals data directly to blockchain networks. Powered by ICE’s Consolidated Feed, which sources market data from over 300 global exchanges, the information will be integrated into Chainlink’s Data Streams used by more than 2,000 decentralized applications. The partnership aims to boost transparency and reliability in on-chain markets, fuel the growth of tokenized real-world assets, and strengthen blockchain’s role in global finance.
Bitcoin Aug 11, 2025 13:25 UTC
Jeff Bezos’ Space Company Now Accepts Bitcoin
Blue Origin, Jeff Bezos’ $180 billion space company, has started accepting Bitcoin and other cryptocurrencies as payment for trips aboard its New Shepard rocket. Powered by Shift4 Payments, customers can now book commercial spaceflights using Bitcoin, Ethereum, Solana, and stablecoins. This option aims to simplify transactions and tap into crypto users wanting a new way to pay for space tourism. The move reflects growing demand for secure and flexible digital payment options in innovative industries as of August 11, 2025.
Crypto news Aug 11, 2025 13:17 UTC
Bitmine holds $4.96B in ETH, Making it the 3rd-Largest Crypto Treasury
Bitmine owns the world’s largest Ethereum reserve valued at approximately $4.96 billion, making it the third-largest crypto treasury overall. The company has rapidly accumulated a vast amount of ETH, surpassing many public firms, and has a significant stake in the Ethereum ecosystem. Bitmine’s strategy focuses on long-term holding and benefits from Ethereum’s growing role in decentralized finance and staking. This sizable reserve highlights Bitmine’s strong conviction in Ethereum’s future and its expanding presence in the crypto treasury landscape.
Crypto news Aug 11, 2025 13:04 UTC
Crypto Price Today
On August 11, 2025, Bitcoin jumped more than 3%, climbing past $122,000 and edging closer to its record high. Ethereum also rallied, crossing $4,300, its strongest level since late 2021. The total cryptocurrency market cap rose 2% to above $4.1 trillion. Gains spread across sectors like NFTs and DeFi, with several top tokens seeing double‑digit increases. The rally signals renewed investor confidence, fueled by strong market sentiment and key technical breakouts.
Bitcoin ETF Aug 11, 2025 12:40 UTC
Trump Media Files for Truth Social Bitcoin ETF
Trump Media & Technology Group (DJT) has filed an amended registration statement with the SEC for its Truth Social Bitcoin ETF (ticker: B.T.). This ETF will hold Bitcoin directly and is sponsored by Yorkville America Digital. Crypto.com will be the exclusive custodian, prime execution agent, and liquidity provider. The ETF, set to list on NYSE Arca, is awaiting SEC approval, aiming to give investors direct exposure to Bitcoin through a regulated exchange-traded fund.
Fintech Company Aug 11, 2025 12:16 UTC
Strategy Adds 155 BTC, Reaches Over 628K BTC
Michael Saylor’s Strategy purchased 155 bitcoin for about $18.0 million at an average price of roughly $116,401 per coin. Year-to-date 2025, the company reports a 25.0% BTC yield. As of August 10, 2025, Strategy holds approximately 628,946 BTC. The total cost of its stack is around $46.09 billion, implying an average acquisition price near $73,288 per bitcoin. This latest buy underscores ongoing conviction in Bitcoin while maintaining a sizable, long-term treasury position built across market cycles.
Crypto news Aug 11, 2025 12:01 UTC
Alt5 Sigma Raises $1.5 Billion with WLFl’s Token Investment
Alt5 Sigma Corporation, a publicly traded company, has successfully raised $1.5 billion through a recent stock offering. The company plans to hold about 7.5% of total WLFI tokens after closing and will implement a WLFI treasury strategy. Leadership changes include Eric Trump joining the board and Zach Witkoff becoming chairman, effective at closing. The deal is expected to close around August 12, 2025, pending customary conditions.
Fintech Company Aug 11, 2025 11:02 UTC
Sequans Adds to Its Bitcoin Stack, Now Holds 3,171 BTC
Sequans has bought 13 more bitcoin for about $1.5 million, paying an average of roughly $117,012 per coin. As of August 8, 2025, the company holds approximately 3,171 bitcoin. The total cost of its holdings is around $370 million, with an average purchase price near $116,709 per bitcoin. This latest buy shows continued conviction in Bitcoin as a treasury asset, keeping the firm’s average cost close to current market levels while incrementally growing its position.
Crypto news Aug 11, 2025 09:59 UTC
Rumble to Acquire Northern Data in $1.17B AI Deal Backed by Tether
Rumble has announced plans to acquire AI company Northern Data in an all-stock deal valued at about $1.17 billion, with financial backing from stablecoin issuer Tether. The move signals Rumble’s push into artificial intelligence, aiming to strengthen its technology infrastructure and expand beyond its core video platform. Northern Data specializes in high-performance computing and AI infrastructure, making it a strong fit for Rumble’s growth strategy. The acquisition is expected to create new opportunities in AI-driven products and services.
Bitcoin Aug 11, 2025 07:39 UTC
Capital B Acquires 126 BTC, Now Holds 2,201 BTC
Capital B has confirmed the purchase of 126 BTC worth about €12.4 million, taking its total Bitcoin holdings to 2,201 BTC. The company also reported an impressive year-to-date Bitcoin yield of 1,519.5%, highlighting the strong performance of its crypto strategy. This latest acquisition reinforces Capital B’s commitment to expanding its Bitcoin reserves and capitalizing on the ongoing surge in the cryptocurrency market. The firm continues to position itself as a major institutional player in the BTC space.
Ethereum Aug 11, 2025 07:35 UTC
Ethereum Developer Detained in Turkey
Fede’s Intern, an Ethereum core developer from Argentina, was detained in Izmir, Turkey, accused of helping others misuse the Ethereum network. He denies any wrongdoing, stating he only builds blockchain infrastructure. The allegations are vague and have caused concern in the crypto community. The developer is reportedly cooperating with authorities and plans to continue fighting the charges after leaving Turkey. The case highlights regulatory challenges faced by blockchain developers worldwide amid unclear legal frameworks.
Crypto news Aug 11, 2025 06:09 UTC
BNC Becomes World’s Largest Corporate BNB Holder
Nasdaq-listed BNC, formerly known as VAPE, has purchased 200,000 BNB tokens worth $160 million, becoming the largest corporate holder of BNB worldwide. This purchase was funded by a $500 million private placement led by 10X Capital and YZi Labs. BNC plans to keep buying BNB, potentially increasing investment up to $1.25 billion through warrants. The company is focusing its treasury strategy entirely on BNB, aiming to strengthen institutional exposure to the Binance Coin ecosystem.
Ripple (XRP) Aug 09, 2025 11:33 UTC
Digital Wealth Partners Raises $200M in XRP to Boost Investment Funds
Digital Wealth Partners Management (DWP Management), a digital asset investment firm, has raised about $200 million in capital across its fund strategies since April. Notably, every in-kind contribution was made in XRP, signaling strong institutional confidence in the token. The capital call spans multiple strategies, suggesting growing demand for crypto-native allocations. DWP’s move highlights XRP’s role in fund operations and could indicate broader acceptance of digital assets in professional portfolios. Further details on deployment and performance were not disclosed.
Ethereum Aug 09, 2025 11:30 UTC
ETH Bears Crushed: $110M Liquidated in Just One Hour
Ethereum’s surge past the $4,000 mark triggered a massive $110 million short liquidation in just 60 minutes. Traders betting on a drop were caught off guard as the sudden rally invalidated bearish positions. The move was driven by strong market sentiment, bullish technical indicators, and rising institutional inflows. This event highlights the high-risk nature of leveraged crypto trading, where sharp price swings can result in rapid gains or significant losses within minutes. Caution remains key in such volatile markets.
Crypto news Aug 09, 2025 06:04 UTC
Trump-Backed WLFI Targets $1.5B Crypto Fundraise
World Liberty Financial, backed by the Trump family, is preparing to launch a publicly listed company to hold its WLFI tokens, aiming to raise around $1.5 billion. Eric Trump and Donald Trump Jr. are set to join the board, with the family holding a 60% equity stake. The deal structure is still being finalized, and the company is in talks with leading tech and crypto investors. This marks a bold move into digital assets amid growing market and regulatory attention.
Crypto news Aug 08, 2025 13:39 UTC
Smarter Web Adds 50 BTC, Now Holds $229M in Bitcoin
The Smarter Web Company has purchased an additional 50 Bitcoin, increasing its total holdings to 2,100 BTC, worth approximately $229.6 million. This move aligns with the company’s ongoing strategy to use Bitcoin as a core treasury asset and hedge against traditional market volatility. Since publicly adopting a Bitcoin treasury policy in 2023, the company has steadily increased its Bitcoin assets, reflecting confidence in the cryptocurrency’s long-term value. The company continues to integrate Bitcoin into its financial strategy and operations.
Crypto news Aug 08, 2025 12:37 UTC
Vitalik Buterin Says Visa Started Like a DAO, Now Seen as Centralized
Ethereum co-founder Vitalik Buterin recently noted that Visa began with ideals similar to a decentralized autonomous organization (DAO), aiming for shared ownership and collaborative governance. However, he explained that Visa has evolved into a company widely viewed as highly centralized and profit-driven. Buterin’s comments highlight how even organizations founded on decentralized, community-driven principles can become centralized over time—a key issue that the crypto and blockchain community continues to address through new governance models and smart contract technology.
Hack Aug 08, 2025 12:28 UTC
CrediX Disappears After $4.5M Hack, Website and Socials Go Dark
CrediX, a Solana-based decentralized lending platform, suffered a $4.5 million exploit on August 4, 2025. Attackers gained admin and bridge permissions through a multi-signature wallet vulnerability, minted unbacked tokens, and drained liquidity pools. Following the breach, CrediX took its website offline and deleted social media activity, raising fears the team has disappeared. The stolen funds were bridged to Ethereum via Tornado Cash. Initially, CrediX promised to recover stolen assets within 48 hours, but no recent updates have been given, leaving users worried
Ripple (XRP) Aug 08, 2025 12:25 UTC
XRP Surpasses Uber in Market Capitalization
Ripple’s cryptocurrency, XRP, has overtaken Uber in market capitalization, reaching approximately $196.5 billion compared to Uber’s $193.25 billion. This achievement marks a major milestone for the cryptocurrency, reflecting its growing adoption and investor interest. The shift highlights how digital assets like XRP are increasingly competing with traditional tech companies in terms of market value, signaling the expanding role of crypto in global finance.
Bitcoin Aug 08, 2025 11:40 UTC
Block Increases Bitcoin Holdings by 108 BTC in Q2
Block, the fintech company led by Jack Dorsey, increased its Bitcoin holdings by 108 BTC in the second quarter of 2025. This brings the total to 8,692 BTC, valued at roughly $1 billion. Despite a $212 million revaluation loss due to Bitcoin’s price drop, Block reported strong financial results with a 14% rise in gross profit to $2.54 billion. The company’s strategy bolsters its position among the largest corporate Bitcoin holders, supporting Dorsey’s vision of Bitcoin as the backbone of the digital economy.
Crypto news Aug 08, 2025 11:19 UTC
El Salvador to Launch World’s First Bitcoin Bank
El Salvador has announced plans to introduce the world’s first Bitcoin banks, aiming to integrate Bitcoin more deeply into its financial system. The initiative builds on President Nayib Bukele’s pro-Bitcoin strategy, seeking to offer banking services fully denominated in Bitcoin. These Bitcoin banks could enhance financial inclusion in a country with many unbanked citizens by providing deposits, loans, and investment options in BTC. Although details and regulations are still pending, this move marks a major step in El Salvador’s ongoing Bitcoin adoption journey and global innovation aspirations.
Crypto news Aug 08, 2025 10:52 UTC
China Bans Stablecoin Promotions Amid Fraud Fears
Chinese financial regulators have instructed local brokerages and research organizations to halt the promotion of stablecoins. They were told to stop publishing studies and cancel seminars on stablecoins due to concerns over fraud and speculative risks. This move aims to prevent a rush of uninformed investors into the asset class. Despite China’s crypto ban, digital asset trading remains active. The clampdown shows Beijing’s cautious approach while continuing to control crypto development on its terms.
Crypto news Aug 08, 2025 10:06 UTC
Sygnum Bank Rolls Out Full $SUI Services for Institutions
Swiss digital asset bank Sygnum, managing $1 billion in assets, has launched a full range of services for the $SUI cryptocurrency tailored to institutional clients. The offering includes secure custody, trading, staking, and lending, giving professional investors access to multiple ways of engaging with the SUI ecosystem. This move aims to meet growing demand from institutions for regulated, bank-grade digital asset services. Sygnum’s expansion strengthens its position as a leading bridge between traditional finance and blockchain-based investments.
Exchange News Aug 08, 2025 10:02 UTC
Binance and BBVA Partner to Enhance Crypto Asset Security
Binance has teamed up with Spain’s BBVA to provide off-exchange asset storage solutions for customers. This partnership offers a safer way to hold digital assets outside trading platforms, reducing risks associated with exchanges. By combining Binance’s crypto expertise with BBVA’s strong banking presence, the partnership aims to deliver secure, compliant, and transparent custody services. Customers gain enhanced protection for their assets along with convenient access to liquidity, meeting rising demands for reliable crypto storage.
Crypto news Aug 08, 2025 06:31 UTC
Pump.fun Unveils Glass Full Foundation to Boost Solana Growth
Pump.fun has introduced the Glass Full Foundation to provide substantial liquidity support to its most active and promising communities. The foundation’s goal is to speed up development on the Solana network by backing several projects already, with more funding planned in the future. This initiative aims to drive innovation and strengthen the Solana ecosystem through targeted financial support and community engagement.
Crypto news Aug 08, 2025 05:56 UTC
Trump Signs Orders to Allow Crypto in 401(k) and Ban Banking Discrimination
President Trump has signed two key executive orders aimed at protecting Americans and promoting crypto. One order stops banks from refusing services due to political, religious, or crypto-related reasons, directing regulators to address unfair banking discrimination. The other opens the $12.5 trillion 401(k) retirement market to cryptocurrencies and alternative investments, offering more options for retirement growth. These steps promote fair banking practices and modernize investment opportunities for American workers.
Crypto Vs SEC Aug 08, 2025 05:50 UTC
SEC and Ripple End Legal Battle, Clearing Path for XRP
The U.S. Securities and Exchange Commission (SEC) and Ripple Labs have officially ended their nearly five-year legal dispute by jointly dismissing all remaining appeals in the XRP case. The 2023 court ruling stands: XRP sold on public exchanges is not a security, though some institutional sales were classified differently. Ripple agreed to pay a $50 million penalty, far less than initially proposed. The resolution has boosted XRP’s price and eased regulatory uncertainty, signaling a new chapter for the cryptocurrency and its adoption. Both parties will bear their own legal costs.
Stablecoin Aug 08, 2025 05:46 UTC
Animoca, Standard Chartered & HKT Launch Stablecoin Venture in Hong Kong
Animoca Brands has partnered with Standard Chartered Bank and HKT to launch Anchorpoint Financial Limited. The new venture is set to apply for a stablecoin issuer license under Hong Kong’s recently implemented Stablecoins Ordinance, which came into effect on August 1. By combining their strengths in blockchain, banking, and telecom, this joint effort aims to launch a fully regulated digital currency and connect traditional finance with Hong Kong’s growing digital market.
Funding Aug 07, 2025 12:46 UTC
SharpLink Gaming Raises $200 Million to Expand Ethereum Holdings
Publicly traded SharpLink Gaming successfully raised $200 million in a private placement led by four global institutional investors. The capital will be used to grow its Ethereum (ETH) treasury, which is expected to surpass $2 billion in value once invested. SharpLink has already increased its Ethereum holdings by more than 18,000 ETH, bringing its total close to 500,000 ETH. This demonstrates rising institutional trust in Ethereum and SharpLink’s dedication to holding ETH as a key reserve asset in its portfolio.
Ripple (XRP) Aug 07, 2025 12:37 UTC
Ripple Acquires Stablecoin Platform Rail for $200 Million
Ripple is set to acquire Rail, a stablecoin platform, in a $200 million deal aimed at strengthening its position in the digital payments space. The move signals Ripple’s growing focus on stablecoin infrastructure as part of its broader strategy to expand blockchain utility. With this acquisition, Ripple looks to tap into stablecoins’ rising role in cross-border transactions and on-chain liquidity. The acquisition is expected to close later in 2025, pending regulatory approvals, marking a major step in Ripple’s stablecoin strategy.
Funding Aug 07, 2025 12:31 UTC
Tether Acquires Stake in Bit2Me, Leads €30M Funding Round
Tether has acquired a minority stake in Bit2Me, a leading Spanish crypto exchange, and is leading a €30 million funding round expected to close soon. Bit2Me recently became the first Spanish-speaking exchange authorized as a Crypto-Asset Service Provider (CASP) under the EU’s MiCA framework. This investment strengthens Bit2Me’s position in the European crypto market and supports its growth in regulated digital asset services for Spanish-speaking users.
Crypto news Aug 07, 2025 12:29 UTC
Union Jack Oil JV to Mine Bitcoin Using On-Site Gas at West Newton
UK-listed Union Jack Oil, along with joint venture partners including Reabold Resources, has signed a non-binding letter of intent with Texas-based 360 Energy to start Bitcoin mining at the West Newton gas field. The project plans to use natural gas found on-site to power Bitcoin mining data centers. This approach aims to turn stranded gas into energy for crypto production, offering a new way to monetize resources and create a Bitcoin treasury.
Hack Aug 07, 2025 11:06 UTC
Aave Hits $60B, Followed by Phishing Attacks.
Just a day after Aave announced it had surpassed $60 billion in net deposits across 14 networks, scammers launched a phishing campaign targeting its users. Security firm PeckShield reported that fake Aave investment platforms were promoted through Google Ads, tricking users with phishing links. Aave’s deposits have more than tripled since August 2024, jumping from $18 billion to $60 billion, making it the first DeFi protocol to reach that level, unfortunately, also drawing cybercriminal attention.
Crypto news Aug 07, 2025 10:36 UTC
WLFI, Backed by Trump, Launches Points Program to Reward Crypto Users
World Liberty Financial (WLFI), backed by President Trump, has launched the USD1 Points Program to reward users for trading, holding, staking, and using its USD1 stablecoin. This loyalty rewards initiative, in partnership with select crypto exchanges, lets users earn points through various activities like spot trading USD1 pairs and participating in staking. The program aims to boost stablecoin adoption and expand the USD1 ecosystem, offering new ways for users to benefit from digital asset engagement.
Crypto news Aug 07, 2025 10:20 UTC
Trump Set to Allow Cryptocurrencies in 401(k) Retirement Plans
President Trump is expected to sign an executive order allowing cryptocurrencies, along with private equity, real estate, and other alternative assets, to be included in 401(k) retirement plans. This move aims to broaden investment options for Americans’ retirement savings by easing regulatory hurdles for digital assets. The order may direct regulators to create guidelines to facilitate crypto and private market investments in retirement accounts, marking a significant shift toward integrating digital finance into mainstream retirement planning.
Crypto news Aug 07, 2025 07:53 UTC
Parataxis Holdings to Acquire Up to $640 Million in Bitcoin for Treasury
Parataxis Holdings, a leading institutional digital asset manager, plans to buy up to $640 million worth of Bitcoin for its corporate treasury. This move follows the company’s merger with SilverBox Corp IV in a SPAC deal, aiming to list on the NYSE under the ticker “PRTX.” The acquisition supports Parataxis’s strategy to enhance Bitcoin exposure, combining yield generation and capital preservation. This significant purchase highlights the ongoing trend of institutional accumulation of Bitcoin as a core treasury asset.
Crypto news Aug 07, 2025 07:49 UTC
Crypto Salaries Triple in 2024; Stablecoins Lead Payrolls
The number of crypto professionals paid in digital assets has tripled over the past year, reaching 9.6% in 2024, according to Pantera Capital’s survey of over 1,600 workers across 77 countries. Stablecoins dominate payrolls, with Circle’s USDC accounting for 63% of all crypto salaries, despite Tether’s USDT being the most traded by volume globally. This shift shows growing trust in stablecoins and blockchain payroll systems among crypto firms and employees alike.
Crypto news Aug 07, 2025 07:11 UTC
India Government Detects ₹630 Crore in Undisclosed Crypto Income
The Indian government reported uncovering ₹630 crore in undisclosed income related to cryptocurrency during recent search and seizure operations. These enforcement actions targeted crypto holdings often hidden to evade taxes. Authorities are intensifying efforts to trace and seize unreported digital assets amid growing regulatory scrutiny of the crypto sector. The move reflects enhanced monitoring capabilities and ongoing crackdowns on illicit and undeclared cryptocurrency income across multiple regions, signaling a stricter stance on crypto tax compliance in India. Further investigations are underway.
Crypto news Aug 07, 2025 07:01 UTC
Bakkt Acquires Stake in Marusho Hotta, Rebrands as “bitcoin.jp” for Crypto Treasury Shift
Bakkt Holdings will acquire a 30% stake in Japanese yarn maker Marusho Hotta for $115 million as part of a major strategic pivot. The company will be rebranded as “bitcoin.jp” and shift its focus from textiles to a crypto treasury business centered on Bitcoin and digital assets. With Bakkt’s Phillip Lord set to become CEO, the newly named entity aims to leverage Japan’s crypto-friendly regulations and emerge as a corporate leader in Bitcoin-based treasury management.
Crypto Regulations Aug 07, 2025 06:32 UTC
Indian Crypto Traders Warned: 44,000 Missed Tax Filings Alert Sent
India’s Income Tax Department has sent 44,057 emails and messages to crypto traders who failed to report their cryptocurrency trades in recent tax returns. This outreach is part of a major compliance initiative following the identification of numerous cases of unreported cryptocurrency income by data tools. Authorities urge recipients to update their tax filings promptly, warning that skipping crypto disclosures may lead to further scrutiny, penalties, or prosecution. The campaign emphasizes the growing focus on taxing digital assets in India.
Ethereum Aug 07, 2025 06:05 UTC
Ethereum Hits 1.87 Million Daily Transactions.
Ethereum recorded 1.87 million transactions yesterday, nearly reaching its all-time high set in January 2024. This surge was driven by stablecoin activity, primarily USDC and Tether, as well as trading on Uniswap. Analysts from Nansen and DappRadar attribute the rise to stronger market confidence, fueled by Ethereum ETF approvals and the recent GENIUS Act, which gives US legal backing to stablecoins.
Bitcoin Aug 06, 2025 13:32 UTC
Bitcoin Supporter Marsha Blackburn Runs for Tennessee Governor
Senator Marsha Blackburn, known for her strong support of Bitcoin, has announced her run for governor of Tennessee in the 2026 election. Blackburn is vocal about backing America’s plan to buy 1 million Bitcoin, reflecting her pro-crypto stance. She aligns with conservative values and President Trump, aiming to make Tennessee a leading conservative state. Blackburn’s campaign focuses on job growth, energy, education, and law enforcement, positioning her as a strong candidate for the upcoming race.
Crypto news Aug 06, 2025 13:29 UTC
Nomura-Backed Laser Digital Secures Dubai’s First Crypto Derivatives License
Laser Digital, supported by Nomura, has received approval from Dubai’s Virtual Asset Regulatory Authority (VARA) to offer crypto derivatives over-the-counter (OTC). This makes Laser Digital the first regulated firm in Dubai to provide direct client-facing crypto options on major tokens. The license marks a major step toward safer, regulated crypto trading and reinforces Dubai’s role as a growing global hub for digital finance and institutional crypto investment.
Funding Aug 06, 2025 13:27 UTC
Satsuma Technology Raises $217.6M in Bitcoin-Backed Funding Round
UK-based Satsuma Technology has secured $217.6 million in a convertible notes round. The fundraising was supported by investors including ParaFi, Kraken, and others. Uniquely, Satsuma chose to accept the investment in Bitcoin, receiving a total of 1,097.29 $BTC as payment. This move highlights growing confidence in cryptocurrency as a funding method, signaling a new direction for tech investment in the UK.
Crypto news Aug 06, 2025 11:44 UTC
xStocks Trading Volume Tops $2 Billion with TSLAx Leading Holder Growth
xStocks tokens have surpassed a total trading volume of $2 billion across centralized (CEX) and decentralized exchanges (DEX), including over $100 million in on-chain DEX volume. Major trading activity is seen on Gate, Bitmart, and Bybit. The platform now has more than 25,000 holders, with TSLAx becoming the first token to exceed 10,000 holders. The total assets under management (AUM) for xStocks tokens stand at about $43.3 million, reflecting increased adoption and liquidity.
Crypto news Aug 06, 2025 07:09 UTC
Crypto Tokens Used as Bait for Iris Scans, Warns China
China’s Ministry of State Security has alerted the public that some foreign firms are using cryptocurrency token giveaways to collect people’s iris scans. Officials warn that sensitive eye data is sent overseas, posing a threat to both personal privacy and national security. They urge citizens to avoid sharing biometric details for token rewards, as stolen iris data could be misused for identity theft, spying, or cybercrime.
Crypto news Aug 06, 2025 06:49 UTC
Smarter Web Company Launches UK’s First Bitcoin-Denominated Convertible Bond
The Smarter Web Company (SWC) has launched “Smarter Convert,” a $21 million, interest-free Bitcoin-denominated convertible bond fully subscribed by institutional investor TOBAM. The bond offers 98% downside protection if unconverted after 12 months and converts into equity at a 10% premium to the £1.95 reference share price. A forced conversion occurs if shares trade over 50% above the strike price for 10 consecutive days. This innovative capital raise adds flexibility to SWC’s Bitcoin treasury strategy in the UK market.
Crypto news Aug 06, 2025 06:05 UTC
Tom Lee Chooses Ethereum Over Bitcoin as Top Crypto Bet
Tom Lee, co-founder of Fundstrat and chairman of BitMine, has chosen Ethereum over Bitcoin as his top crypto bet for the current market cycle. Speaking on the “Coin Stories” podcast, Lee highlighted Ethereum’s growing institutional adoption, technical reliability, and rapid stablecoin growth. He described ETH as the “biggest macro trade” ahead, comparing its rise to Bitcoin’s 2017 rally. BitMine is actively increasing its Ethereum holdings, showing strong confidence in Ethereum’s long-term growth and expanding role in tokenization and decentralized finance.
Crypto news Aug 06, 2025 05:41 UTC
Binance founder Changpeng Zhao Seeks Dismissal of FTX Lawsuit
Binance CEO Changpeng Zhao has filed a motion to dismiss the FTX estate’s $1.76 billion clawback lawsuit. He argues the Delaware court lacks jurisdiction, citing his UAE residency and the offshore nature of the transactions. The lawsuit stems from a 2021 share buyback between FTX and Binance, which FTX claims was fraudulent. Zhao’s legal team calls the claims baseless and states he was only a nominal party, asserting U.S. law should not apply to this international case.
Back to top buttonDeFi Aug 06, 2025 04:55 UTC
James Howells Ends Search for Lost Bitcoin, Launches DeFi Token
James Howells, known for losing a hard drive containing 8,000 Bitcoin in a Newport landfill, has officially ended his 12-year excavation effort after repeated legal and council obstacles. Following the decision to stop physical recovery attempts, Howells is now shifting his focus to the crypto space by launching a new DeFi token inspired by his Bitcoin saga. This project aims to capture the story’s spirit symbolically, marking a fresh chapter in blockchain innovation rather than pursuing the original coins.
Bitcoin ETF Aug 06, 2025 04:47 UTC
US Spot ETF Flows: Bitcoin Outflows, Ethereum Inflows on August 5
On August 5, US spot ETFs recorded significant movements: Bitcoin saw a net outflow of 1,710 BTC (valued at $196 million), while Ethereum ETFs experienced net inflows of 19,710 ETH ($73 million). BlackRock’s spot Ethereum ETF stood out, purchasing 23,870 ETH worth $88.8 million. These contrasting flows suggest shifting investor sentiment, with interest moving toward Ethereum even as Bitcoin faced withdrawals, highlighting the market’s focus on Ethereum amid ongoing crypto sector volatility.
Stablecoin Aug 05, 2025 13:14 UTC
Tether’s USDT Drives 40% of On-Chain Fees Across 9 Blockchains
Tether CEO Paolo Ardoino shared that USDT now makes up 40% of all on-chain transaction fees across nine blockchains, including Ethereum, Tron, Solana, and more. Hundreds of millions in emerging markets use USDT daily to shield themselves from inflation and currency devaluation. Ardoino emphasized that blockchains offering lower gas fees and allowing payments in USDT are likely to dominate, as they provide affordability and stability for global users seeking reliable digital transactions.
Crypto ETF Aug 05, 2025 13:05 UTC
Crypto ETFs See First Outflow in 15 Weeks Amid New Legislation
Last week marked the first net outflow from cryptocurrency ETFs in 15 weeks. This week continues to show outflows, reflecting a “buy the rumor, sell the news” trend following the signing of long-anticipated crypto legislation into law. Investors appear to be adjusting positions after the market responded to regulatory clarity, signaling cautious sentiment in the crypto ETF space.
Crypto Regulations Aug 05, 2025 12:49 UTC
Indonesia Explores Bitcoin as National Reserve
Indonesia’s Vice President’s office recently invited prominent Bitcoin advocates to discuss the potential of adopting Bitcoin as a national reserve asset. This initiative reflects Indonesia’s growing interest in digital currencies and consideration of how Bitcoin could play a role in strengthening the country’s financial reserves. As more nations explore cryptocurrency integration, Indonesia’s engagement highlights the expanding global dialogue on the strategic use of digital assets within national economic frameworks. The discussions may pave the way for new financial policies involving Bitcoin in Indonesia.
Crypto news Aug 05, 2025 12:35 UTC
Trump Says Bessent Out of Fed Chair Race After Declining Role
President Donald Trump has confirmed that Scott Bessent is no longer being considered for the Federal Reserve Chair role. Bessent declined the opportunity, expressing his wish to remain in his current position. Trump acknowledged and respected Bessent’s decision, and said other candidates are now under review for the job. This update brings clarity to the ongoing search for a new Fed Chair and signals a narrowed field of contenders for one of the top economic posts.
Crypto Regulations Aug 05, 2025 12:12 UTC
Bhutan Transfers $59 Million In Bitcoin To New Wallet
The Royal Government of Bhutan has moved 517 BTC, valued at $59.23 million, to a new cryptocurrency wallet. Reports suggest that the funds are likely headed to Binance, one of the world’s largest crypto exchanges. This significant transaction highlights Bhutan’s ongoing involvement in the crypto market and adds to the growing trend of governments and institutions managing sizable digital asset holdings. The move is drawing attention in both the crypto and financial sectors.