Users can swap cash for securities on the HQLAx platform using blockchain deposit accounts on the permissioned Kinexys network.
The studio has begun adding legal warnings to the credits of films including "Jurassic World Rebirth" against training generative AI works on its IP.
A 100% tariff on imported semiconductors, formally enacted by the Trump administration on August 7, is reshaping the economics of crypto mining in the United States. The tariff, which targets chips made outside the U.S., threatens to increase the cost basis for miners already facing pressure from the April halving and ongoing network difficulty spikes. […]
The post US Bitcoin miners face 21% rig cost surge after Trump’s tariff goes live appeared first on CryptoSlate.
The TST (Test Token) is caught in a brutal pain cycle after a swift and severe breakdown on Binance, marked by capitulation-level volume, a wipeout in open interest, and a sharp MACD reversal signaling full risk-off. In just 15 minutes, the token collapsed by over 68%, falling from $0.04960 to $0.01547, triggering mass liquidations and …
Scammers appeared to be using AI-generated avatars and voices to reduce production costs and scale up video content.
Paolo Ardoino, chief executive officer of stablecoin issuer Tether, has called Bitcoin “undefeatable” in a recent X post. The bold claim comes as markets wobble and digital assets face fresh downward pressure. Related Reading: Bitcoin Insult Alert: Pro Trader Dubs HODLers ‘Idiots,’ Saylor Fires Back Bitcoin’s price action has been muted this week, but Ardoino’s comment has stirred up plenty of talk among traders and analysts. Tether’s Bitcoin Holdings Grow According to reports, Tether has boosted its Bitcoin stash to nearly 80,000 BTC. That holding is worth more than $9 billion at current rates. The company’s steady buying suggests it sees deep value in Bitcoin even when prices slide. In recent weeks, Tether’s balance sheet has leaned heavily on the world’s oldest crypto asset. Some market watchers say that kind of commitment from a major player could shore up confidence in Bitcoin’s long-term prospects. Bitcoin is undefeatable — Paolo Ardoino ???? (@paoloardoino) August 6, 2025 Supporters have jumped in to back Ardoino’s take, pointing to Bitcoin’s history of bouncing back after big sell-offs. Based on reports from crypto forums and social feeds, many believe that only severe, lasting shocks can truly move the price for long. Yet others caution that calling any asset “undefeatable” risks lulling investors into a false sense of security. They warn that new technologies could emerge and challenge Bitcoin’s top spot in years ahead. Bitcoin $BTCUSD and a number of the other cryptos are setting up a head fake after a Bollinger Band Squeeze. Interestingly, the pattern is not evident in the ETFs as they don’t trade on weekends and holidays. Analyst beware! — John Bollinger (@bbands) August 6, 2025 Technical Warning From Bollinger Meanwhile, John Bollinger, the creator of the Bollinger Bands charting tool, issued a note on X about a possible “head fake” in Bitcoin’s price. He pointed out a Bollinger Band squeeze that briefly pushed Bitcoin down to $111,900 on Aug. 3, only for it to snap back up to $115,700. That sudden U-turn trapped many bears who bet on further declines. Bollinger also said the same pattern doesn’t show up on crypto ETFs, since those funds don’t trade on weekends. Borrowed from basketball, the term “head fake” describes an asset that surges one way and then reverses course, catching traders by surprise. Bitcoin closed most sessions near the $115,000 mark this week, with Bitstamp data showing it trading at $115,200 at one point. The coin has edged up slightly over the past 24 hours, but volatility remains a factor. Traders note that weekend gaps and low liquidity can trigger sharp moves in either direction. Related Reading: Slow And Steady: Bitcoin’s Current Rise Feels Different—Study Market Participants Weigh In Analysts and fund managers are parsing both the bullish spin from Tether’s boss and the caution flag from Bollinger’s camp. Some say Bitcoin’s track record in the past decade—including weathering regulatory clampdowns, global economic shocks, and high-profile exchange failures—earns it the right to such bold labels. Others argue that blind faith alone won’t protect investors from sudden market swings. Featured image from Meta, chart from TradingView
Paying rent in Bitcoin is easy, secure and gaining popularity among tenants. Many cities globally now have tech infrastructure to facilitate Bitcoin payments.
The crypto market continues to hover around a $3.7 trillion valuation, with Bitcoin trading near $114,500 and Ethereum holding above $3,650. While surface-level price action seems stagnant, a deeper look reveals bullish sentiment building quietly, driven by institutional moves, renewed volatility, and rising stablecoin flows. Wondering what’s happening with crypto? Here’s everything you need to …
The crypto market is showing early signs of an incoming Altseason as multiple technical and on-chain indicators turn bullish for altcoins. With total crypto market capitalization has reached $3.76 trillion, and the 24-hour volume at $125.91 billion. Investors seem to have started to rotate capital away from Bitcoin. Successively, this is evident in the declining …
Greenidge Generation has agreed to sell its Mississippi bitcoin mining facility, just a year after the site became operational.
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, …
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 …
MemeFi, a tap-to-earn game on Telegram, has taken the crypto world by surprise. Its native token, MEMEFI, soared over 300% in less than 24 hours, jumping from below $0.002 to above $0.0057. The sudden price surge has sparked a wave of trading activity and loud buzz across social media. But what’s really fueling this explosive …
Coinbase will soon lower the fee-free benefit of USDC to US dollar conversions to $5 million as the exchange has missed revenue expectations for two quarters running.
Jack Mallers, founder and CEO of Strike, ignited fresh debate over Washington’s still-undisclosed Bitcoin balance on Wednesday night, arguing that the US government is withholding the numbers because its position is “too small to lead” the digital-asset economy. “The US won’t disclose their BTC holdings. Why? Because they realized they don’t own enough,” Mallers posted on X, adding that the Strategic Bitcoin Reserve (SBR) race is “far from over” and “I expect this to heat up.” US Bitcoin Silence Hints At Bigger Problem In a video attached to the post, the 30-year-old entrepreneur expanded on the point. He praised the administration’s decision in March to create an SBR but said the follow-through has fallen short: “The US government has kind of let us down in not giving us the full audit of how much Bitcoin the US government owns. … Clearly that information is sensitive or else they would disclose it. … I think that the US government is ashamed of its Bitcoin position.” Related Reading: Bitcoin Net Taker Volume Stays Bearish – Fragile Market Structure Risks Liquidation Cascade President Donald Trump’s Executive Order 14233 on 6 March formally established the Strategic Bitcoin Reserve alongside a broader Digital Asset Stockpile, framing Bitcoin as a “unique store of value in the global financial system.” A follow-up White House fact sheet stressed the goal of “positioning the United States as a leader among nations in government digital-asset strategy.” Yet when the administration unveiled its 163-page digital-assets strategy on 30 July, the document offered only a fleeting reference to the SBR and no hard figures. Robert “Bo” Hines—executive director of the President’s Council of Advisers on Digital Assets—noted, “I can’t discuss that right now … There are several reasons we’re not disclosing that at this time.” Over the past months, Hines’ tone was not apologetic. “We want as much Bitcoin as we can possibly get, and we’re going to continue to work on that,” he said in a separate interview, describing Bitcoin as “digital gold”. For years analysts believed the US government controlled well over 200,000 BTC thanks to Silk Road, Bitfinex-hack and other forfeitures. But a Freedom of Information Act response released in mid-July showed the US Marshals Service holding just 28,988 BTC—about $3.3 billion at today’s prices—rekindling speculation that earlier administrations quietly liquidated a large share of the trove. Separate on-chain data confirm that federal wallets sent 30,175 BTC to Coinbase Prime as early as April 2024, with additional transfers worth $1.9 billion following in December 2024. Related Reading: Bitcoin Stuck In Macro Purgatory—Top Analyst Says Q4 Or Bust Mallers seized on those numbers. “I think the Democrats sold off a bunch of that Bitcoin, and they don’t want to announce anything until they can build the position back,” he said, calling the audit delay “a branding problem” for a country that bills itself as the future Bitcoin super-power. Market Backdrop Bitcoin is trading above $114,000 after peaking at $123,000 last week, up more than 100 percent year-on-year. The float is already constrained: roughly 92 percent of all coins are mined, and large swaths sit in dormant or long-term-holder wallets. Should the Treasury accelerate SBR purchases—as Mallers predicts—the incremental buy-side pressure could tighten supply further. From Mallers’ vantage point, the political embarrassment he describes is ultimately price-positive: “If the US wants to plant its flag as the crypto capital, it has no choice but to accumulate. That’s the bullish takeaway. We’re talking about a buyer with the deepest pockets on Earth.” Whether Congress will backstop those purchases is another matter. Senator Cynthia Lummis has re-introduced a bill directing the Treasury to acquire up to one million BTC over five years, but appropriations committees have yet to schedule hearings. At press time, BTC traded at $114,572. Featured image created with DALL.E, chart from TradingView.com
21Shares' Head of U.S. Business Federico Brokate breaks down the success of the Bitcoin ETFs, and what institutions are eyeing next.
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 …
While the broader crypto market remains trapped in a tight consolidation range, select altcoins like Litecoin price, MATIC (now POL), and Conflux are beginning to show signs of bullish momentum. These tokens are forming technically significant patterns, such as ascending triangles, bullish flags, and trendline breakouts, all pointing to potential upside moves if key resistance …
President Trump will sign an executive order to allow crypto assets s in 401(k) plans, which could unlock the $12.5 trillion retirement market for bitcoin.
The Independent Community Bankers of America (ICBA) has issued a letter to the Office of the Comptroller of the Currency (OCC), formally opposing Ripple’s application for a national bank charter. ICBA pointed out several systemic risks related to Ripple’s proposed stablecoin RLUSD, including its non-compliance with law and ordinance. Why is the ICBA Opposing Ripple’s …
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, …
Ripple is once again at the center of controversy after financial expert Caitlin Long delivered strong criticism against the company and XRP. Known for her work in the Bitcoin space and as the founder of Custodia Bank, Long voiced concerns about Ripple’s structure and history that she says continue to limit its credibility. Caitlin Long …
Aged YouTube accounts with a history of posting crypto news and investing tips have been taken over by bad actors to advertise a scam trading bot that steals crypto.
Crypto analysts echoed the positive sentiment around Bitcoin, with some speculating it could jump to $125,000 in the near term.
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, …
After the bearish price action that began over the last weekend, Bitcoin has left some unfilled gaps open that could point to where the price is headed next. With two Fair Value Gaps (FVGs) yet to be filled, according to crypto analyst TehThomas, investors should expect a wave of uncertain movement in either direction. This is because Bitcoin needs to clear multiple liquidity levels before it is finally in a position to make a clean breakout. The Two FVGs Holding The Bitcoin Price Down In the analysis, Thomas explains that Bitcoin has created fair value gaps both above and below the current support level. The first of these lies above $117,000 and is expected to be the first to be filled. This position holds a lot of liquidity, and it is likely that this upper imbalance will be targeted first. Such a move would trigger stop losses and trap late longs who are tricked into buying the breakout. Related Reading: Market Expert Debunks Possible Bitcoin Top In November Using 9-12 Months Retail Cycle However, this Bitcoin breakout is not expected to last for long since only one FVG will have been filled at this level. The next FVG is way below the recent lows recorded at the start of August, sitting just above $111,000. The crypto analyst expects that a retracement from the breakout will push it back down to this level. This decline is, in itself, bullish as it will fill the imbalance at a point where there is a lot of demand. Just like the sweep upward above $117,000, the retracement to $111,000 is expected to clear internal liquidity. This will provide a clean slate from the compressing structure that the Bitcoin price has been trading within and could be the start of the next major move upward. What’s Next After Internal Liquidity Is Cleared? Once this move is in motion, the analyst points to the descending trendline as the next important formation on the Bitcoin price chart. For the price to continue upward, Thomas explains that Bitcoin would have to react from the upper imbalance of the trendline before falling back lower. This is the level that would determine confirmation for the next move. Related Reading: Cardano Marks Historical Milestone With Governance Vote, Hoskinson Reacts With internal liquidity also completely cleared at the end of the trend, Bitcoin is expected to have a “clean position to rally.” Targets would be the liquidity build-up at the previous wicks and area of rejection, which pushes all the way up toward $120,000. “This would complete the full cycle of imbalance fill, liquidity grab, and directional expansion,” Thomas said. However, he also added that “Price is unlikely to sustain a move higher until both zones have been addressed.” Featured image from Dall.E, chart from TradingView.com
The program aims to reward users holding, trading, and staking USD1 with an airline miles-style incentive model.
Since mid-2024, a growing number of public companies have started holding XRP as part of their treasury strategies. While Bitcoin and Ethereum dominated headlines in the past, big names like Japan’s SBI Holdings and smaller U.S. tech companies are starting to hold some of their cash in XRP because of how quickly it settles transactions. …
PancakeSwap one of the leading multichain decentralized exchanges, is back in the spotlight. This time around it is with a notable price movement and exciting product developments. After launching perpetual contracts for Apple, Amazon, and Tesla stocks, CAKE is attracting grabbing attention from retail and DeFi traders alike. Successively, the expansion into tokenized stock derivatives …
Glassnode characterizes current conditions as post-ATH indecisiveness, with no clear capitulation or rebound.