ALT5 Sigma Corporation, a Nasdaq-listed fintech that operates crypto trading and payment platforms, plans to raise about $1.5 billion through a stock offering and a WLFI token-funded private placement. The move would place a large portion of World Liberty Financial’s WLFI tokens on ALT5’s balance sheet and bring several of the stablecoin issuer’s executives, including […]
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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 …
The world’s largest asset manager, BlackRock, has broken its silence on whether it intends to file for an XRP ETF. This follows months of speculation that the firm could soon file to offer this fund. BlackRock Has No Plans For An XRP ETF For Now A BlackRock spokesperson told The Block that they have no plans to file for an XRP ETF at this time. This ends speculations that it will join eight other asset managers who have already filed to offer this fund. The world’s largest asset manager already offers Bitcoin and Ethereum ETFs, and based on the statement, the firm plans to stick with only the two largest crypto assets. Related Reading: BlackRock To File For XRP ETF After Ripple-SEC Settlement? Market Expert Answers NovaDius Wealth President Nate Geraci was one of those who had speculated that BlackRock was going to file for an XRP ETF soon. Prior to the asset manager’s statement, Geraci opined that the firm was waiting for the Ripple SEC lawsuit to end before filing for an iShares XRP ETF. He made this prediction following Ripple and the SEC’s filing of a joint dismissal to end the XRP lawsuit. Geraci further remarked that it makes “zero” sense for BlackRock to ignore crypto assets beyond Bitcoin and Ethereum. He added that if they do that, they are basically saying that BTC and ETH are the only crypto assets that will ever have value. Following BlackRock’s statement, the NovaDius Wealth president said that the firm’s decision not to file for an XRP ETF will be looked on as a mistake. Bloomberg analyst Eric Balchunas also weighed in on BlackRock’s decision not to file for an XRP ETF. He asked Geraci if an XRP filing is enough or if he feels the world’s largest asset manager should also file for SOL, Tron ETFs. He further questioned where exactly the line should be drawn on how many crypto ETFs asset managers should offer. Potential Demand For These Funds Nate Geraci believes that there will be significant demand for the XRP ETFs, which is one reason why he thinks BlackRock is making a mistake by not filing for one. He noted that futures-based XRP funds have taken in over $1 billion since their launch this year. He opined that this proves that there will be “real” demand for the spot funds. Related Reading: XRP Price Projection: 5 Key Things To Watch Out For As The Bull Market Unfolds Pro-XRP lawyer John Deaton is confident that BlackRock will still file for an XRP ETF. He said that he is willing to bet that this happens within a year. BlackRock’s failure to file for this ETF now and opt to do so later could prove costly since the pending applications could have the first-mover advantage. According to Bloomberg analysts James Seyffart and Eric Balchunas, there is a 95% chance that the SEC approves these funds this year. At the time of writing, the XRP price is trading at around $3.26, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
This partnership could accelerate DeFi's growth by enhancing data reliability, potentially leading to widespread asset tokenization and market expansion.
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The proposal calls for $16.5 million worth of UNI to be transferred to the new legal entity to settle tax obligations with the IRS and fund legal cases.
Bitcoin’s corporate adoption is increasingly resembling the “nationalization path” of gold leading up to 1971, presenting a new centralization concern, according to Willy Woo.
Hoping to tap the public market, Bullish said last week it wanted to raise up to $629 million with an initial public offering.
There is a growing debate around whether the classic 4-year Bitcoin halving cycle is still relevant or if it has become obsolete. For years, people have believed that after each halving, the price follows a predictable pattern. But with global economic trends playing a bigger role, many say Bitcoin is reacting to the wider market, …
Turkish authorities have reportedly detained an Ethereum developer known as Fede’s Intern in Izmir. The arrest, disclosed by the developer on Aug. 10, has stirred debate in the crypto community, where many see it as a troubling precedent. Why was Fede’s Intern detained? While details about his detention remain sparse as of press time, Fede’s […]
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ZachXBT named some sponsors of Token2049 as sketchy. While these coins may have hype-fueled pumps to cult-like followings, they may have no real utility.
Heritage Distilling is set to launch an IP token treasury strategy worth about $340 million, backed by a16z crypto and other investors.
As the world is currently pushing towards digitalization with crypto, more regulations and measures to increase innovation are being introduced. However, several cryptocurrencies have faced significant challenges in fitting into the infrastructure with evolving regulatory compliance, accessibility, and risk management standards. While most cryptos are facing obstacles with benchmarks to improve scalability, sustainability, and overall …
Democratic staff say Republican counterparts'crypto draft bill creates a "superhighway" for assets looking to skirt regulators' authority.
Majority of ether addresses are now "in-the-money."
Ghost chains refer to blockchain projects with little to no real activity, adoption or developer engagement.
Bitcoin’s recent rally has seen the leading digital asset breach $122,000, though it still falls short of its July 2025 peak of $123,000. According to CryptoSlate’s data, Bitcoin rose by over 3% in the past 24 hours, reaching a high of $122,321 before slightly retracing to $121,449 at the time of writing. Despite the minor […]
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Your day-ahead look for Aug. 10, 2025
The digital asset treasury has a "unique relationship" with SUI Foundation and is keen to buy the token at a discount when possible.
NEAR Protocol whipsawed through a $0.12 range before a late selloff drove prices to key support, as institutional crypto inflows signal resilience amid broader market caution.
Ethereum (ETH) has recently made a powerful move, rallying 22% last week to reach $4,300. This surge pushed its market capitalization above $520 billion, surpassing global giants like Mastercard, Netflix, and Exxon Mobil. Ethereum’s co-founder, Joseph Lubin, has publicly predicted that ETH could overtake Bitcoin’s (BTC) market cap within the next year, reigniting discussions about …
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 …
With US inflation center stage and oil-market supply guidance due, this is a data-heavy week where macro can decide whether Bitcoin’s tight consolidation resolves into fresh highs and the broader crypto market continues to explode further. Crypto Market Braces For Major Week The July Consumer Price Index arrives Tuesday, August 12, at 14:30 CEST (08:30 ET). The median economist call leans toward a firmer core and a still-contained headline: Bloomberg’s survey points to a 0.3% month-over-month increase in core CPI, while several desks expect headline CPI at 0.2% m/m and 2.8% y/y after 2.7% in June. The Cleveland Fed’s real-time nowcast is in the same ballpark on the year-over-year prints, showing ~2.7% for headline and ~3.0% for core going into the release. The schedule is official; the nuance is that a 0.3% core m/m is consistent with core holding near 3% y/y, which markets would read as sticky but not re-accelerating—until tariffs or energy change the calculus. Producer prices follow Thursday, August 14, also at 14:30 CEST (08:30 ET). Consensus pegs PPI final demand near +0.2% m/m after a flat June; the Bureau of Labor Statistics has confirmed the timing and flagged methodology changes that take effect with this release. Taken with CPI, a 0.2% PPI would imply only modest pipeline pressure—unless services margins surprise. Related Reading: USDC Emerges As Top Pick In Booming Crypto Payroll Trend—Survey Retail’s read-through for demand lands Friday, August 15, at 14:30 CEST (08:30 ET). The street is looking for +0.5% m/m on headline retail sales, with many desks also watching the control group for a steady goods-spending pulse after June’s 0.5%. One hour later, at 16:00 CEST (10:00 ET), the University of Michigan prints its preliminary August sentiment; July’s improvement into the low-60s set the base. None of these are binary for crypto, but a hot sales beat against a 0.3% core CPI would harden “higher-for-longer” rate chatter; a cooler mix would do the opposite. Energy is the wild card. OPEC’s Monthly Oil Market Report publishes Tuesday, August 12, with July’s edition having kept 2025 demand growth steady at ~1.3 mb/d; the cadence of OPEC+ supply guidance and the IEA’s Oil Market Report on Wednesday, August 13, will feed directly into headline-inflation expectations via the gasoline channel. The exact release dates are fixed on OPEC’s calendar and the IEA data portal. Related Reading: Crypto Set For $1.25 Trillion Tsunami As Trump Opens 401(k) Floodgates On crypto-native flows, FTX’s estate has set Friday, August 15 as the record date for its next cash distribution cycle, with disbursements expected to begin on or about September 30, 2025. The step is funded by a court-authorized $1.9 billion reduction of the disputed claims reserve (to $4.3B), and payments will route via BitGo, Kraken and Payoneer for eligible, fully onboarded claimants. Practically, that means Aug. 15 determines who’s in line; the actual liquidity arrives at quarter-end. Ethereum’s specific catalyst is corporate-treasury optics. SharpLink Gaming (Nasdaq: SBET)—which has been publishing weekly accumulation tallies—will hold its Q2 2025 call on Friday, August 15, at 14:30 CEST (08:30 ET). The company disclosed 521,939 ETH on the balance sheet as of August 3, alongside ongoing capital raises to expand that treasury. Any change in pace, staking strategy or financing mix could move the “ETH as a balance-sheet asset” narrative. Technically, Bitcoin sits a stone’s throw from July’s record at $123,153. Aksel Kibar, CMT, characterized the past week’s pause as “a text-book pullback to the neckline,” adding that “monitoring the chart for acceleration this week. Breach of 123.2K (minor high) can resume uptrend.” At press time, BTC traded at $121,699. Featured image created with DALL.E, chart from TradingView.com
Bitcoin has a new dip target as the week begins with BTC price action targeting all-time highs. Will bulls end up defending $117,000?
Cango purchased a mining facility in Georgia to split capacity between self-mining and hosting in order to grow income and BTC holdings.
Corporate Ether holdings surged to $13 billion as ETH’s price broke $4,300, with BitMine, SharpLink and The Ether Machine leading the charge.
Ether ETPs continued to lead the market last week, attracting the biggest inflows among other crypto assets at almost $270 billion.
ChatGPT Agents can assist with crypto trading in 2025 by automating research and analysis, while keeping users in control through built-in safety features.
The U.S. Securities and Exchange Commission’s approval of in-kind creations and redemptions for spot Bitcoin and Ethereum exchange-traded funds on July 29 has altered how authorized participants interact with these products, permitting direct transfers of digital assets rather than cash. This structural change is expected to reduce tracking error and bid-ask spreads, bringing the operational […]
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The crypto market continues to push above its weight, with the total market cap climbing to $4.06 trillion. The valuation was significantly driven by the 24-hour trading volume reaching $174.56 billion. The Fear & Greed Index stands at 62, signaling strong investor confidence. Meanwhile, the Altcoin Season Index reads 38/100, showing Bitcoin’s dominance remains intact. …
Rumble is eyeing a move that could push it deeper into the global AI race. The U.S. video platform, known for backing independent creators, is considering an all-stock acquisition of Tether-backed Northern Data worth about $1.17 billion. If the deal happens, Northern Data shareholders would get 2.319 Rumble Class A shares for each of their …