Arthur Hayes' involvement with Upexi could significantly enhance its strategic influence and investment potential within the Solana ecosystem.
The post Arthur Hayes joins Solana treasury company Upexi as first member of new advisory committee appeared first on Crypto Briefing.
Qubic claims it has achieved 51% control of Monero’s hashrate, prompting debate over whether the resulting six-block reorganization was a successful attack.
Ethereum (ETH) was also a top performer, rising 2.1% from Monday.
Bitcoin rose 0.5% to $119,000 and Ethereum gained more than 5% to $4,400 after July U.S. CPI showed a 0.2% month-over-month increase and a 2.7% annual rate, with core CPI up 0.3% on the month and 3.1% on the year. The release at 1:30 P.M. Eastern reflected a mixed profile. Headline CPI decelerated on the […]
The post US core inflation jumps to 5 month high as Ethereum hits $4.4k appeared first on CryptoSlate.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
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 …
XRP prices have multiplied at least 10x in previous bull cycles, fueling hopes for a similar big breakout toward $30 by mid-2026.
The crypto market is not just about Bitcoin or Ethereum anymore; it’s about the companies building, holding, and integrating these assets into the economy. A new White House order telling regulators to make it easier for 401(k) plans to include cryptocurrencies or privately held companies has pushed crypto company stocks higher. In 2025, some of …
Raoul Pal, a macro investor, former Goldman Sachs strategist, and founder of Real Vision, has revealed that he has been holding XRP for over four years after he referred to the digital asset as part of what he once described as a “moron trade.” The label, not meant as an insult, was a way to tell a specific retail trading behavior in early crypto market cycles. Soon after, he disclosed that he bought XRP in 2021 when it was trading at $0.60. Raoul Pal Clears XRP “Moron Trade” Comment In a recent interview, Pal outlined his views on how retail investors enter the crypto market and how the nominal price of a token can influence their buying decisions. He breaks the space into three risk categories: large, established layer-1 tokens he called “idiot-proof,” a more challenging middle tier of DeFi tokens, and a straightforward momentum play he described as the “moron trade.” Pal stressed that the phrase was not an attack on holders but a description of what happens when newcomers avoid higher-priced coins and buy cheaper ones without deeper analysis. Related Reading: Here’s What Is Going On In The Shiba Inu Community Amid Major Electoral Process Following the comment, Pal quickly clarified his position on XRP. He revealed that he had held the asset since June 28, 2021. The price was just below the market price, which hovered around $0.64. Sharing the exact date and entry point reflects his commitment to transparency, as he highlights that investors can keep their market views separate from how they invest. Four Years Of Holding XRP And A Strong Payoff Holding XRP for a multi-year span has become a highly profitable move for Pal. At the time of writing, XRP trades at around $3.15, representing an approximate 5.5x gain from its $0.60 entry. The price appreciation is driven by improved regulatory clarity, growing whale accumulation, and bullish technical patterns, with metrics such as rising open interest in XRP futures and positive on-chain indicators like MVRV golden crosses reinforcing the rally. Related Reading: Man Who Threw Away $1 Billion In Bitcoin Debunks Rumors, Here’s The Progress Pal’s decision to hold through four years of market ups and downs, including a long stretch of legal uncertainty with the U.S. Securities and Exchange Commission, points to a conviction level beyond short-term speculation. The significance of his position extends beyond profits to the message it conveys to the crypto market. By staying invested during volatile cycles, Pal has shown that XRP can be seen as a viable long-term asset when bought at what later proves to be an opportunistic price. His early entry came well before XRP’s major rally phases, making it a textbook example of patient capital allocation. To the XRP community, Pal’s disclosure feels like validation. It shows that discipline and vision can pay off in a fast-moving market while also strengthening XRP’s case as a strategic investment now standing on firmer ground as the bullish trend continues. Featured image from Real Vision, chart from TradingView.com
The partnership could significantly enhance privacy in global finance, aligning with evolving regulatory standards and expanding blockchain adoption.
The post Aleo Network Foundation partners with fintech giant Revolut to list ALEO token appeared first on Crypto Briefing.
Grayscale is offering accredited investors direct exposure to DEEP and WAL, the native tokens of Sui’s DeepBook and Walrus protocols
Transak plans to use the funds to expand its stablecoin payments stack and enter new markets, the company said.
BitMine's expanded equity offering could significantly influence Ethereum's market dynamics and corporate treasury strategies globally.
The post Tom Lee’s BitMine expands equity offering to $24.5B for more Ethereum acquisitions appeared first on Crypto Briefing.
The latest US inflation numbers are out, and markets are watching closely. Headline inflation stayed steady in July, but core prices, the ones that matter most to the Fed, are climbing. That’s put a September interest rate cut firmly in focus, even as tariff-driven price pressures start to bite. Here’s what you need to know. …
The company already owned about $5 billion worth of the world's second-largest crypto.
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 …
The data was mixed, but nevertheless isn't likely to lessen the case for a September Fed rate cut.
Tech billionaire Elon Musk recently accused Apple of unfair practices on the App Store. OpenAI CEO Sam Altman has now hit back, saying Musk does the same thing on his platform X. Let us find out what is going on in the high-stakes battle between two of tech’s biggest players. The ongoing tech rivalry has …
USDC issuer Circle introduced its layer-1 blockchain, Arc, and said its Q2 revenue and reserve income increased 53% year-over-year.
The Monero blockchain, known for its privacy-focused transactions, is facing one of its biggest challenges yet, a suspected 51% attack on the network. Blockchain security firm SlowMist reported that Qubic, a mining project, has been behind this attack. While the motive behind this attack remains unclear. However, this attack has severely impacted the Monero’s native …
Qubic’s claim of majority control over Monero’s hashrate sparks warnings of a potential 51% attack, reviving fears over one of crypto’s most disruptive network threats.
The privacy-focused Monero blockchain has suffered a 51% attack, meaning the network is not controlled by a single entity. On Aug. 12, Sergey Ivancheglo, known in the crypto community as “Come-from-Beyond” (CFB), claimed on X that Qubic had surpassed 51% of Monero’s network hash rate, saying: “Looks like Qubic has achieved 51% over Monero, we […]
The post Monero hit by critical 51% attack as Qubic gains control of network appeared first on CryptoSlate.
Metaplanet and the UK’s The Smarter Web Company added nearly $100 million in Bitcoin on Tuesday, boosting their positions among the largest public corporate BTC holders.
The MNT price is surging, and this ongoing August has seen 45% so far amid significant developments that include a key partnership, on-chain strength, and Ethereum’s own rally climbing to a new ATH. As a result, the MNT token is now trading above $1 threshold at $1.02 with a market cap of $3.42 billion, with …
SharpLink Gaming is solidifying its position as one of the world’s largest corporate holders of Ethereum, announcing a landmark of $400 million registered direct offering secured through partnerships with five major institutional investors. This move underscores the growing confidence institutional players have in ETH’s long-term potential and its aggressive accumulation strategy. Institutional Backing Pushes SharpLink Toward $3 Billion Milestone SharpLink Gaming has announced a $400 million registered direct offering agreement with five global institutional investors, which includes some of the largest in the world. The agreement marks one of the company’s most significant funding deals to date, bolstering its capital reserves and signaling strong institutional confidence in its growth strategy. Related Reading: Are Ethereum Treasury Companies A Threat To Bitcoin? Michael Saylor Reveals His Stance This capital injection adds to its unused $200 million at-the-market (ATM) facility, giving the company a powerful liquidity arsenal. In addition to these funding streams, SharpLink currently holds approximately 598,800 ETH in its treasury, and the company’s ETH holdings are expected to exceed an estimated $3 billion in value with the latest move. While SharpLink entered an agreement with investors to boost its ETH reserve, BitMine Immersion is also aggressively buying Ethereum. A recent report revealed that the company has become the largest ETH treasury in the world, holding more than 1,000,000 ETH in corporate reserves. The firm’s treasury now sits at a remarkable 1.15 million ETH, valued at approximately $4.96 billion at current market prices. Meanwhile, the scale and speed of this accumulation are unprecedented. In just over a month, the company has expanded its holdings from 163,000 ETH to more than a million, with a bold goal to stake 5% of the entire ETH supply. “In just a week, BitMine increased its ETH holdings by $2.0 billion to $4.96 billion (from 833,137 to 1.15 million tokens), lightning speed in the company’s pursuit of the ‘alchemy of 5%’ of ETH,” Thomas “Tom” Lee of Fundstrat, Chairman of BitMine’s Board of Directors, stated. How Ethereum Delivers Security And Alignment In an X post, BitDigital_BTBT emphasized that the company does not consider Ethereum a hedge, but the foundation of their entire investment strategy. The firm regards ETH as the most productive, secure, and aligned asset in the world, uniquely positioned to drive the future of finance. Related Reading: Ethereum Surpasses MasterCard In Asset Rankings, Bullish Targets Set Beyond its current role, BitDigital_BTBT sees ETH as a critical infrastructure layer that will fundamentally reshape how value is moved and settled in modern financial markets. With its robust technology and growing adoption, ETH holds the transformative power to rewrite the entire financial system, shaping the next generation of global economic interactions. Currently, Bit Digital holds over 120,00 ETH, but this is just the beginning. Specifically, their boldness is fueled by a deep conviction in ETH’s potential to transform the world of finance and beyond. The company believes that no other blockchain and technology platform comes close to matching ETH’s ability to reprogram finance. Featured image from iStock, chart from Tradingview.com
The transaction used the USDC stablecoin and tokenized Treasuries for instant weekend settlement on Digital Asset's privacy-focused blockchain.
Circle's Q2 financials showed $658 million in revenue, but a net loss of $482 million due to non-cash IPO-linked items.
Aave's dominance is particularly notable given its command of approximately 80% of outstanding debt on Ethereum.
The crypto crime-fighting initiative marks a major milestone as it launches a new collaboration program with Binance to boost enforcement.
The end of the almost five-year legal dispute will enable the agency to dedicate more time to developing clear regulatory frameworks, according to SEC Chair Paul Atkins.