The Trump Jr.-backed Thumzup raised $50 million in July in a common stock offering to purchase tokens and invest in crypto mining.
A DeFi investor was hit with a $10.5 million tax bill after the Spanish tax agency classified a crypto-backed loan as taxable gains.
Healthcare company KindlyMD recently merged with Nakamoto, a Bitcoin entity established by former Trump crypto adviser David Bailey, with the aim of acquiring 1 million BTC.
The XLM price today is facing renewed bearish pressure as the asset slips below the key short-term EMA band, moving its price action into bearish territory after multiple failed attempts to reclaim the $0.50 resistance. Despite prior bullish momentum, Stellar now finds itself stuck in a bleeding consolidation. Now the analyst highlights key support levels …
Figure Technology has filed for an initial public offering on Nasdaq, reporting $191 million in revenue for the first half of 2025 and a net income of $29 million. The filing, made public on August 18, marks one of the first cases of a blockchain-based lender reaching the U.S. public markets. Per Reuters, the company […]
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Traditional insurance is failing digital asset companies. As tokenization hits $20 trillion, firms need tailored coverage — not off-the-shelf policies.
A $0.15 consolidation range now defines immediate short-term trading band.
On August 19, the popular U.S. trading app Robinhood announced the listing of SUI spot trading, making the token more accessible to millions of users. The news quickly boosted excitement in the market, pushing SUI’s price up by nearly 1.7% in just 24 hours, showing how quickly the market reacts to big exchange announcements. Robinhood …
The firm said it bought 143,593 ether last week, bringing total holdings to 740,760 tokens.
From January 2021 to July 2025, Ethereum-based flows in Latin America reached $45.5 billion, accounting for around 75% of all flows.
Aptos (APT) joined Chainlink (LINK) as an underperformer, shedding 3.2% from Monday.
Cardone Capital has acquired 130 BTC through a Miami River refinance, marking its fourth real estate transaction involving Bitcoin. This move highlights the growing integration of cryptocurrency in the real estate sector. By using Bitcoin in property deals, Cardone Capital is expanding its digital asset strategy while investing in real estate. The company continues to …
The crypto market slid into the week in a holding pattern, with price action grinding sideways and positioning increasingly tethered to one catalyst: Federal Reserve Chair Jerome Powell’s remarks at the Jackson Hole Economic Policy Symposium. “The only big, big event is going to be this,” said analyst Josh Olszewicz in his August 18 Macro Monday stream. “Everybody’s going to be watching this, talking about this, analyzing this… What Jay says [on Friday]” will likely swing rate expectations and risk sentiment. The symposium runs August 21–23, 2025 in Wyoming, under the theme “Labor Markets in Transition: Demographics, Productivity, and Macroeconomic Policy,” a backdrop almost tailor-made for clarifying the Fed’s path into autumn. Will JPow Jolt The Crypto Market? Olszewicz framed the setup as seasonally and structurally tricky for crypto. Commitment of Traders (COT) positioning on CME shows commercials—the cohort he views as “normally right for any market historically”—not convincingly long, while basis trades remain attractive and open interest has crept higher across CME futures and options, including on Solana. That mix, he argued, limits upside follow-through in the absence of a macro spark. “It’s going to be harder to push higher based on what we’ve seen historically and based on this futures positioning data,” he said, adding that “when commercials are long, price tends to do better.” Flows underscore the crosscurrent. He tallied “almost a $4 billion” net week for crypto ETPs globally—most of it in the US—with Ethereum notching “an all-time high weekly flow,” while Bitcoin’s intake looked “modest” by comparison and Solana and XRP showed a pickup. Yet he cautioned that even healthy fund flows do not erase tactically heavy positioning and the lack of a clear macro impulse ahead of Powell. Related Reading: Biggest Crypto Bull Run In History Is About To Ignite: Top Analyst MicroStrategy’s equity policy change, which allows at-the-market issuance below a 2.5× mNAV premium, has also become a talking point in the pre-Jackson Hole chop. Olszewicz noted that MSTR’s BTC accumulation “has slowed down quite a bit,” and that the share’s mNAV premium is being actively arbitraged by traders “short MSTR, long spot [BTC],” further muting momentum when the underlying coin is directionless. In his view, “when the underlying is momentumless, there’s no reason to seek leverage,” which helps explain why MSTR “is going to have a harder time doing well” until either BTC trends or corporate accumulation re-accelerates. Technically, he described the near-term as “a giant, giant nothing burger.” For Bitcoin, he pointed to a $120,000–$122,000 zone as the threshold for a cleaner long setup, and for MicroStrategy he flagged “anything above $410, and it’s go time,” while conceding that the stock’s momentum is “slipping away quicker and quicker.” Across crypto equities, he saw little that was “screaming” long: exchanges and brokerages looked momentumless on his cloud models; miners’ recent strength owed more to AI/HPC stories than to crypto beta; and even the prominent ETH-linked equities that surged since spring now show “record volumes” but a “more neutral” low-timeframe picture. “There’s no reason to force trades when they’re not there,” he said. How Will Financial Markets React? The macro guardrails he’ll watch into Powell’s speech are familiar to crypto traders. On the US dollar index, he wants continued “chop neutral” and firmly below the daily cloud—“you don’t want this above 99, 100”—because a resurgent DXY “would be very careful with longs on BTC.” On rates, the 10-year Treasury “durably below 4.25” would be a tailwind, while “above 5% everybody’s in trouble.” He also flagged plumbing dynamics: the drawdown of reverse repos toward zero and the concurrent refill of the Treasury General Account—flows that could net out, but that, at the extremes, might nudge the Fed toward a policy response if liquidity strains emerged. Related Reading: Crypto Set For $1.25 Trillion Tsunami As Trump Opens 401(k) Floodgates All roads, however, lead back to Powell. As of Tuesday, broader markets were leaning toward a September rate cut, with futures-implied tools like CME’s FedWatch reflecting a high probability of a 25 bps move. “We’re seeing 83% for a cut at the next meeting,” Olszewicz said of the market’s starting point, adding that if expectations “shift towards no cut, I’d expect the markets to be very angry,” whereas a surprise 50 bps “is probably unlikely” but would be greeted “in a bullish, happy way.” For now, Olszewicz is content to wait. “I would love to just wait to see what this looks like in October. I’m not expecting anything in September,” he said, consistent with his view that crypto’s Q3 seasonality is a headwind and that meaningful trend signals often re-emerge in Q4. Between now and then, the Chair’s tone on inflation progress, labor-market cooling, and the possibility of pre-emptive easing will determine whether this week’s “nothing burger” becomes the base for a new leg higher—or a reminder that macro still has the final say at the top of crypto’s risk cascade. And with Jackson Hole’s explicit focus on labor markets this year, Powell’s framing may do more than nudge September probabilities; it could reset how investors think about the entire path of policy into 2026. At press time, the total crypto market cap stood at $3.84 trillion. Featured image created with DALL.E, chart from TradingView.com
Concordium launched a mobile app using zero-knowledge proofs for anonymous age verification as UK rules fuel demand for privacy-safe solutions.
SharpLink Gaming recently bought 143,593 ETH for $667.42 million, significantly increasing its crypto holdings. After this purchase, the company now holds a total of 740,760 ETH, valued at around $3.19 billion. This move highlights SharpLink Gaming’s strong confidence in Ethereum as an asset and signals their strategy to expand their cryptocurrency portfolio. The sizable investment …
Treasury Secretary Bessent has announced plans to use revenue from tariffs to help pay down the U.S. national debt. By directing these funds toward debt reduction, the government aims to improve its financial position and manage the country’s budget more responsibly. This approach shows a commitment to tackling debt without raising taxes, using income from …
Ripple’s Chief Technology Officer (CTO), David Schwartz, made a bold statement saying that MicroStrategy’s fate is heavily dependent on the price of Bitcoin. The comment came amid speculation and rumors about MSTR’s future and questions regarding its substantial BTC holdings. Schwartz Comments on MicroStrategy’s Bitcoin Holdings In a recent post on X (formerly Twitter), Schwartz …
SharpLink Gaming's significant Ethereum holdings highlight the growing trend of corporate investment in cryptocurrencies, impacting market dynamics.
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Tether has hired Bo Hines, a former adviser to President Donald Trump, as its Strategic Advisor for Digital Assets and US Strategy. The company confirmed on Aug. 19 that Hines will immediately begin working with Tether’s leadership to guide its expansion and regulatory engagement in the United States. In his new role, Hines will oversee […]
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The year 2025 is shaping into a turning point for the world of cryptocurrency. With regulations becoming clearer, institutional investors deepening their participation, and retail adoption booming across continents, crypto exchanges are now more than just trading hubs; they are financial super-apps offering everything from staking to lending, derivatives, copy-trading, and compliance-driven custodial services. If …
The Securities and Exchange Commission (SEC) in Thailand collaborated with the Ministry of Finance, the Anti-Money Laundering Office (AMLO), and the Ministry of Tourism and Sports to jointly launch “TouristDigiPay”. It allows foreign tourists to convert their cryptocurrencies into Thai baht for electronic payments during their visit. Thailand Launches TouristDigiPay On August 18, the Deputy …
After a strong rise and fall, the Bitcoin price is consolidating above $115,000, and it appears to have landed in a decisive phase. Regardless of this, the market participants continue to remain optimistic as a bigger force is about to drive the BTC price rally. The global liquidity, as measured by M2, which represents the …
The company's first purchase since the Nakamoto merger boosts total holdings to 5,764.91 bitcoin.
Bernstein reiterated its outperform rating on Robinhood and lifted its price target on the stock to $160 from $105.
Wyoming's FRNT stablecoin could revolutionize state-level financial operations, enhancing efficiency and transparency in government transactions.
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Robinhood has announced the listing of SUI spot trading. SUI is the native token of the Layer-1 Sui blockchain created by Mysten Labs. The news was initially shared on the official SUI blog but was later removed. Despite the blog post’s deletion, Robinhood confirmed the token’s availability, allowing users to trade SUI on its platform. …
Recently, the Ethereum price rally in Q3 has been impressive, with this August reaching $4740. Now, the ETH price is entering a very important trading phase in over four years. This will decide its next course, and it really is a “make-or-break time for the asset. At the same time, short-term pullbacks for the second-largest …
Wyoming announced the mainnet launch of the Frontier Stable Token stablecoin, becoming one of the first US states to issue a stablecoin.
Up to $2 billion in long positions face liquidation amid this Ethereum price crash. These positions would get liquidated if ETH drops to $4,200. Meanwhile, the ongoing wave of sell-offs puts the largest altcoin by market cap at risk of dropping to this level. $2 Billion In Liquidations On The Horizon Amid Ethereum Price Crash Coinglass data shows that $2 billion in ETH long positions are at risk of being wiped out on exchanges if the Ethereum price drops to $4,200. The liquidation heatmap shows that there is a massive cluster waiting to be triggered. Therefore, further declines to the downside could trigger a wave of forced selling even as traders rush to close their positions. Related Reading: Ethereum 4-Week Trend Shows When It Is Time To Sell Everything However, a positive for the Ethereum price is the fact that more traders are currently short than long. As such, market makers could hunt for liquidity at higher levels up to $4,500, where $2.8 billion in short positions could be wiped out if ETH reaches there. Market commentator Zerohedge also highlighted how the net ETH shorts are at new highs on the CME. Based on this, he remarked that these short traders are “generously providing liquidity into the new all time highs.” Notably, these shorts were at new highs back when ETH broke above $4,000 earlier this month. Meanwhile, ETH continues to see massive demand from the Ethereum treasury companies. The largest ETH treasury company, BitMine, yesterday announced that over the past week, it increased its ETH holdings by $1.7 billion to $6.6 billion. In the process, it added over 373,000 coins, increasing the total from 1.15 million to 1.52 million coins. Such purchases put massive buying pressure on ETH, which is bullish for the Ethereum price. Sell Pressure From ETFs And Whales It is worth noting that the Ethereum price is currently facing selling pressure from the ETH ETFs and some whales, which can be bearish for the altcoin in the near term. SoSo Value data shows that these funds recorded a net outflow of $196.62 million on August 18. BlackRock’s ETHA, the largest ETH ETF, saw a net outflow of $87.16 million. Related Reading: Pundit Predicts ‘Near Term’ Bitcoin And Ethereum Prices, There’s Still Room To Run This marked the second consecutive daily net outflows for the Ethereum ETFs. These funds had recorded an outflow of $59.34 million on August 15. Meanwhile, on-chain analytics platform Lookonchain revealed that whales like Longling Capital are offloading ETH. Longling Capital sold 5,000 ETH today, locking in profits. A whale that has been dormant for a year has also begun selling and has sold 3,075 ETH so far. At the time of writing, the Ethereum price is trading at around $4,230, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
Bitcoin and ether revisited recent lows before rebounding and altcoin prices were even more lackluster.