Coinbase’s Ethereum layer-2 network, Base, just experienced its first outage since launching in 2023. The brief disruption halted block production and temporarily paused all transactions, impacting decentralized apps and users. What went wrong, and how did it bounce back? Here’s the story. Base Network Temporarily Stalls On August 5, 2025, at 06:15 UTC, the Base …
CrediX recovered $4.5 million in stolen crypto after reaching a deal with the exploiter. Affected users will be refunded within 48 hours, the team said.
The Philippines SEC flagged OKX, Bybit, KuCoin and others for offering crypto services without authorization, warning of enforcement and app store bans.
Robert Kiyosaki is gearing up for what he calls the Bitcoin “August Curse.” He’s watching price moves around the $90,000 mark. If Bitcoin slides below that level, he plans to double his holdings. He already owns about 73 Bitcoins and wants to reach 100 by the end of the year. Related Reading: Bitcoin Finds Support At $114K, But Rally May Stall Without New Drivers Kiyosaki Eyes August Dip According to Kiyosaki, August has a history of sharp dips in Bitcoin’s value. He wrote on X that he hopes for a crash below $90,000 so he can add more coins. He’s not shy about laying out his plan. He’ll buy aggressively if that trigger hits. That kind of resolve comes from a believer who sees each sell-off as a chance to build a bigger stake. BITCOIN CURSE: Will the “Bitcoin A August Curse” crash Bitcoin’s price to below $90k? I hope so. I enjoyed an exciting educational summer attending “The Collective” and “Limitless Financial Education Event.” Learning about what lies ahead with speakers such as Larry… — Robert Kiyosaki (@theRealKiyosaki) August 4, 2025 At a recent finance event, he shared the stage with Jim Rickards and Brent Johnson. He called them top voices on what might be ahead for global markets. He also praised sessions with Larry Lepard and other speakers at gatherings named “The Collective” and “Limitless Financial Education Event.” He said these talks sharpened his view on why dips are opportunities, not disasters. Debt And Doubts At Fed Kiyosaki points fingers at Washington rather than crypto’s ups and downs. He blames a trillion-plus debt and “incompetent PhDs” running what he calls “the SWAMP” in the Fed and Treasury. He sees those running US money policy as the real risk. In his view, fixing that mess beats worrying over Bitcoin’s swings. Based on reports, he still sees Bitcoin alongside gold and silver as shields against a possible financial crisis. He has warned his 2 million-plus X followers that holding cash is risky. His long-term price goal for Bitcoin is $250,000 before the end of 2025. Thinking big helps him stay calm when the market gets rocky. Calls For Calm Amid Volatility While Bitcoin topped about $120,000 last month, it’s since see-sawed between $112k and $113 last week. Kiyosaki says those shifts will make investors richer if they buy when others panic. He urges people to ignore negative headlines and focus on buying in a downturn. That’s his lesson for anyone listening. Related Reading: Spot Bitcoin ETFs Bleed Over $800 Million: Second‑Largest Exit Ever – Details His strategy is simple. He treats fear as a buy signal and keeps an eye on calendar patterns. If you share his faith in Bitcoin’s long-term upside, this could feel like a smart move. But betting on a month-to-month pattern adds risk. If Bitcoin stays strong above $90,000 this August, his plan won’t play out. In that case, he’ll miss the chance to buy cheap. Bitcoin’s path is never straight. For Kiyosaki, market dips are part of the ride. Whether others follow his lead will depend on how much risk they can handle and if they believe in that “August Curse.” Featured image from BBC, chart from TradingView
The Coinbase-backed layer-2 blockchain went offline due to a block production issue, marking its first service disruption since its 2023 debut.
Ethereum co-founder Vitalik Buterin and researcher Anders Elowsson have introduced a proposal to overhaul how users pay for transactions on the network. The plan centers around a unified multidimensional fee market, designed to simplify fee calculation and improve economic efficiency across the Ethereum ecosystem. The proposal arrives during a period of low network fees. Over […]
The post Vitalik proposes multidimensional Ethereum fees amid record low gas prices appeared first on CryptoSlate.
From panic to accumulation, long-term holders are strengthening their positions while bond yields and equities jump alongside bitcoin.
Celestia’s TIA token has lost over 90% of its value amid aggressive unlocks, mirroring broader trends in tokenomics failures across high-profile projects.
The White House recently released a 168-page report outlining recommendations to usher in a "golden age of crypto."
The order aims to stop "debanking", the practice of denying financial services for ideological reasons.
Bitcoin price is showing strong bullish momentum as it breaks out of a descending trend. This technical formation, often associated with trend continuation, signals the potential for a significant upside move. With key support holding near $113.7K, BTC appears poised to retest the $120K resistance zone. Meanwhile, the extended targets are around $134K–$146K. The breakout …
David Carvalho, CEO of cybersecurity firm Naoris Protocol and former hacker, warns that quantum computing and AI could break Bitcoin’s cryptography. He says advanced quantum machines may crack Bitcoin’s encryption, risking up to 30% of all Bitcoin held at exposed addresses. Carvalho highlights the danger of attackers collecting encrypted transactions now to decrypt later and …
An independent market analyst who tracks on-chain order-flow data says South Korea’s Upbit exchange may now wield outsized influence over the spot price of XRP, the world’s fifth-largest crypto-asset by market capitalization. In a series of posts on X, the trader known as “Dom” (@traderview2) published a chart of cumulative-volume-delta (CVD) across eight venues that appears to show Korean selling pressure easing just as the token found a local bottom. Is Upbit In Control Of The XRP Price? “Korean market Upbit may actually control the price of XRP more than we think. Right when they stopped their selling pressure, we bottomed, despite Binance continuing its selling,” Dom wrote, adding that the market has “slowly staircased up since, with a potential TWAP happening on Coinbase (nearly 15 M $XRP accumulated since).” The 48-hour chart, covering 2–4 August, plots the net market buys and sells on Binance, Coinbase, Bybit, OKX, Kraken, Bitstamp and Upbit against XRP’s average spot price. While Binance’s CVD line (green) continued to grind lower—signalling sustained net selling—Upbit’s purple line flattened after an aggressive draw-down of roughly 35 million XRP. The inflection coincided with a reversal in the grey price line, suggesting that waning Korean offers may have removed the largest headwind even as Binance sellers pressed on. Related Reading: XRP MVRV Flashes Death Cross: More Decline Ahead? Dom’s thesis is not new. Since April he has repeatedly flagged what he calls “absurd size” flows on XRP/KRW at Upbit. On 6 May he noted –220 million XRP net sold since 11 April, equating to more than $500 million at the time. On 2 August he said Upbit had market-sold 40 million XRP in 24 hours, more than “all other venues combined.” Earlier snapshots on 6 and 16 April recorded 50 million and 30 million XRP of net selling respectively, with sell-side market orders accounting for over half of all prints. Related Reading: Market Cap Not A Hindrance To XRP Price Reaching $1,000, Expert Explains Why Those figures matter because Upbit has evolved into one of the world’s deepest spot venues. Last month the Seoul-based platform processed $110.2 billion in volume—6.4 percent of global exchange turnover—ranking fourth behind Binance, Bitget and Bybit. Within its own order books, XRP often eclipses Bitcoin: CoinMarketCap data shows the XRP/KRW pair captured 24 percent of Upbit’s entire 24-hour volume (followed by ETH with 14.1% and BTC with 6.3%), translating to $444 million. While the data cannot establish causality, the pattern underscores what several liquidity-providers have observed since 2023: regional exchanges can dominate individual asset flows even when their share of total crypto activity appears modest. South-Korean retail enthusiasm for XRP already nurtured during the 2017 bull cycle and continues to funnel disproportionate size into the KRW market in this cycle as well. When that flow turns—as Dom’s dashboard shows—the global price seems to notice. At press time, XRP changed hands at $3.05, up 4.8% in the past 24 hours. Featured image created with DALL.E, chart from TradingView.com
Coinbase plans a $2 billion private offering of convertible notes after lackluster Q2 earnings that analysts say presents a buying opportunity for COIN.
Speculation over a spot ETF continues to build despite the SEC delaying its decision on Grayscale’s application until October.
After a strong rally in July, the SUI token now appears to be taking a break. Its price has dropped by nearly 20% over the past week and is currently trading around $3.46. But this pullback might not be a bad thing. According to well-known crypto trader Michael van de Poppe, this dip could be …
Saylor’s Strategy has rapidly added 376,571 BTC, worth $43.2 billion, to its portfolio since Trump’s election, making up 60% of its total Bitcoin stash in just nine months. This major accumulation underscores strong confidence in Bitcoin and marks a record pace for institutional investment in crypto. The move highlights a shift toward embracing digital assets …
Major Bitcoin ($BTC) investors, known as whales, are moving large amounts of BTC to exchanges, causing the Exchange Whale Ratio to jump to 0.7. This trend often signals that big players may be taking profits or preparing for possible price swings. Despite this shift, long-term Bitcoin holders still keep control of 67% of the total …
Shiba Inu is making a modest rebound after an extended downtrend. It is currently gaining 1.09% in the last 24 hours to trade at $0.00001239. Despite the slight uptick, SHIB remains down 8.2% over the past week, hinting at the cautious sentiment among traders. With a market cap of $7.3B and an intraday trading volume …
The Philippine Securities and Exchange Commission (SEC) is ramping up its fight against offshore crypto exchanges that continue to operate without a license. In a fresh advisory issued on August 4, the regulator named 10 major global platforms accused of violating the country’s new digital asset compliance rules. They’ve reportedly been actively marketing and serving …
Binance will launch its "ALL” Composite Index perp on Aug. 6, bundling its USDT-quoted futures into one after July's seven-month high for futures volume.
Could XRP be one of the most misunderstood assets in crypto? According to Jake Claver, CEO of Digital Ascension Group (DAG), the answer is a strong yes. He believes there is one major factor people are missing that could send XRP’s price skyrocketing once institutions begin using tokenized assets in a big way. Claver spoke …
The White House may issue an executive order directing bank regulators to investigate debanking claims by crypto execs and conservatives, the WSJ reported.
SEC Commissioner Hester Peirce said developers of open-source privacy software should not have to answer for the actions of others using their software.
Bitcoin's long-term bullish sentiment has turned neutral as options market indicators show a shift in market sentiment.
The Base network faced an anomaly where the latest block stayed at height 33,792,704, with no new blocks produced for 19 minutes. OKLink also detected this issue. The Base blockchain’s official status page later confirmed the abnormal block halt was fixed at 14:44 (UTC+8). The network team is now keeping a close watch to ensure …
Acting CFTC Chair Caroline D. Pham has introduced a new initiative to enable spot crypto asset contracts to be listed on CFTC-registered designated contract markets (DCMs). This step is intended to clarify how retail crypto trading can take place using leverage, margin, or financing under current laws. The initiative aims to improve regulatory transparency and …
Barry Silbert has made a notable return to Grayscale Investments, the asset management company and crypto exchange-traded fund (ETF) issuer, as chairman, just weeks after the crypto asset manager filed confidentially for an initial public offering (IPO) in the US. Silbert, who founded Grayscale in 2013, takes over from Mark Shifke, who will remain on the board as the company prepares for its future as a publicly traded entity. This leadership transition also coincides with Grayscale’s plans to bring in independent directors to strengthen its governance. New Executive Team At Grayscale In a significant move to bolster its executive team, Grayscale has appointed four professionals with extensive backgrounds in traditional finance (TradFi). According to the firm’s announcement made on Monday, the new hires include Diana Zhang as Chief Operating Officer, Ramona Boston as Chief Marketing Officer, Andrea Williams as Chief Communications Officer, and Maxwell Rosenthal as Chief Human Resources Officer. Related Reading: Top Analyst Says Bitcoin Is Trapped: ‘Nothing To Do Until October’ These executives join Grayscale from firms such as Bridgewater, Apollo, Goldman Sachs, and Citadel, reporting directly to CEO Peter Mintzberg, who has been at the helm since last year. Mintzberg stated: This blend of institutional rigor and entrepreneurial drive shapes every aspect of how we operate at Grayscale, enabling us to deliver clients innovative investment strategies with the operating integrity they expect from a trusted partner. Silbert’s return comes at a critical juncture for the company, following a turbulent period marked by regulatory scrutiny. He stepped down as chairman in late 2023, just before the US Securities and Exchange Commission’s (SEC) ruling on spot Bitcoin ETFs, including Grayscale’s long-standing effort to convert its Bitcoin Trust (GBTC) into an ETF. Around the same time, Silbert’s parent company, Digital Currency Group (DCG), faced legal challenges from New York’s attorney general regarding the collapse of crypto lending company Genesis, and its connections to crypto exchange Gemini’s Earn program, with Silbert himself named in the lawsuit. Regulatory Headwinds In his statement following the announcement, Silbert expressed his enthusiasm about rejoining Grayscale, emphasizing his belief in the company’s direction and the team leading it. Silbert noted: When I founded Grayscale in 2013, we saw an enormous opportunity to pioneer a new model for accessing and investing in digital assets, and to build the operational infrastructure that investors would ultimately demand. Today, I continue to have deep conviction in the company’s long-term positioning and in the leadership team guiding it forward. Related Reading: Analyst Warns XRP Investors Not To Let Fear Dictate Moves As Long As Price Holds This Level Grayscale currently manages over $35 billion across a variety of crypto investment products, including spot Bitcoin and Ethereum ETFs, as well as diversified digital asset funds. Earlier this year, DCG reached a $38 million settlement with the US Securities and Exchange Commission over allegations of misleading investors through Genesis Global Capital, a subsidiary of DCG. The settlement adds to the ongoing regulatory challenges faced by DCG, as New York Attorney General Letitia James has also sued Gemini, Genesis, and DCG over a crypto lending program, alleging they defrauded over 29,000 New Yorkers while concealing $1.1 billion in losses. Featured image from Fortune, chart from TradingView.com
After an impressive run-up back in July, the Dogecoin price as suffered a slowdown, just like the rest of the market. With this, the bears seem to have reclaimed control once again, pushing Dogecoin deeper into loss territory after taking out an important position at $0.2. Nevertheless, the current decline seems to pale in comparison to the bullishness that continues to dominate among investors, with the expectations that this correction will be only temporary. Dogecoin Price Still Showing Signs Of Bullishness According to an analysis shared by crypto analyst KrissPax, the Dogecoin price may be down right now, but it is not out of the game. This is because the meme coin is currently the subject of a bullish formation as it travels down to retest a level that has previously led to a massive price surge in the past. Related Reading: Satoshimeter Shows Where Bitcoin Price Is In This Cycle The crypto analyst pointed out that the Dogecoin price is expected to fall below 30 on the 4-Hour RSI chart again, and historically, such a decline has led to a recovery. The last time that the RSI fell below 30 on the 4-Hour chart was back in June 2025, and what followed was an over 70% recovery in the next month. Using this historical performance, the Dogecoin RSI falling below 30 once again could end up registering a similar performance. The only difference this time around is that the prices are at different levels, which points to a major difference in where the highs of the uptrend will be. Last time the RSI was this low, the price was trading at the $0.14 level. This time around, the analyst explains that Dogecoin sitting at $0.2 means that there is a higher low. The good thing about the formation of higher lows is the fact that they often lead to higher highs. In the event of another 70% increase in price from here, Dogecoin could end up rallying as high as $0.34 before it loses steam. However, this would still put it at more than 50% below its all-time high of $0.74, which was hit back in 2021 and has remained the peak for the meme coin. Related Reading: Market Cap Not A Hindrance To XRP Price Reaching $1,000, Expert Explains Why As for the performance of the altcoin so far this month, after closing the month of July with a 27.1% gain, Dogecoin has already begun to give some of the gains back to the market. Data from CryptoRank shows that the cryptocurrency is already down by 5.31% this month and climbing. This is not out of the ordinary, as the month of August has historically been one of the most bearish months for the Dogecoin price. In fact, if the trend holds, then DOGE investors could be looking at an average of -10% decline this month and a close in the red. Featured image from Dall.E, chart from TradingView.com
Class-action lawsuits against crypto-related firms are building up, with cases facing major firms such as Bakkt and Coinbase.