ASICKey executive Samuel Li said that solo Bitcoin miners have a one in 650,000 chance of solving a block every 10 minutes with one petahash of hashpower.
A savvy trader turned a $125,000 investment into nearly $43 million at its peak, before locking in almost $7 million worth of profit after the market downturn decreased their long positions.
Strategy bought $51.4 million in Bitcoin last week as BTC surged to all-time highs above $124,000 on Wednesday, only to dip to $115,000 on Sunday.
Institutions are buying up Bitcoin, but the average fund manager is barely allocated to crypto. What does it mean?
Qubic’s mining group has picked Dogecoin as its next target after claiming it briefly gained majority control of Monero’s network, according to reports. Related Reading: Trump Coin Jumps 10% On Canary Capital ETF Filing: Details The group said it reorganized six blocks on Monero and then asked its community to vote on which ASIC-friendly proof-of-work coin to test next. The vote came on Aug. 17. Community Picks Dogecoin Based on reports, Dogecoin won the vote with more than 300 votes. Qubic’s founder, Sergey Ivancheglo, shared that Dogecoin beat out Zcash and Kaspa in a public poll. The project says its Monero pool reached a 51% share and that it currently runs about two point three GH/s of Monero hashrate. The group calls these moves “stress tests” and says they are meant to show how its mining model works, while also using pool profits to buy and burn QUBIC tokens. The group added it does not want to destroy networks. The #Qubic community has chosen #Dogecoin. pic.twitter.com/EnevIZUAw5 — Come-from-Beyond (@c___f___b) August 17, 2025 The technical claim has sparked debate in the Monero community. Some developers and miners question whether the pool ever held sustained, uncontested control. Others say the actions — which reorganized blocks — are proof the group can alter short stretches of chain history. Either way, the interruption was enough for Kraken to pause Monero deposits while exchanges and services assessed risk. What A 51% Attack Can Do A 51% attack lets the controller reorganize blocks or stop transactions. A group that controls more than half of a network’s mining power can rewrite recent blocks, halt certain transactions, or try double-spends. Qubic’s move showed it could force a small reorg on Monero. If a similar level of control were applied to Dogecoin, the effect could be larger because Dogecoin has a market capitalization above $35 billion. Still, Dogecoin benefits from merged-mining with Litecoin and runs at a much higher hashrate, so an attack would likely cost far more. Markets and exchanges reacted quickly. Prices moved on the news and custodial services tightened checks. Kraken’s decision to pause deposits underscored how exchanges will act fast when block reorgs or other threats appear. Users and traders faced increased short-term uncertainty. Related Reading: XRP’s Toughest Bull Run Could Lead To Big Gains, Analyst Claims What To Watch Next Based on reports, the timeline is unclear but the issue raises bigger questions. Qubic has not given a clear timeline for any action against Dogecoin. Observers will watch for technical logs, more statements from the project, and any responses from Dogecoin and Litecoin developers. A Hostile Act? People will also be looking for proof that Qubic’s tests were non-destructive and for evidence about how long the pool actually held control. Most outlets call what Qubic did a 51% attack (a chain reorg), not a “hack” in the usual sense — but it’s still an attack on network consensus and many people treat it as hostile. Featured image from Meta, chart from TradingView
Ripple’s Chief Technology Officer (CTO), David Schwartz, is testing a new “hub server” designed to make the XRP Ledger stronger and more reliable. He has been running it in a test environment and recently shared that it’s nearly ready for production. Schwartz’s Hub Server Nears Production In a progress update, he shared that the system …
Low demand-side volume and weakening price technicals could spell trouble for the XRP price, as bulls must reclaim $3 support or face a deeper correction.
The FSC will introduce a bill that’s expected to provide guidelines on issuance, collateral management and internal control systems for stablecoins.
BitMine's massive crypto holdings could reshape financial systems, highlighting Ethereum's pivotal role in future macroeconomic trends.
The post Tom Lee’s BitMine reports holding over $6.6 billion in Ethereum and Bitcoin appeared first on Crypto Briefing.
The news comes alongside Fluidstack exercising its option to expand at WULF's Lake Mariner data center campus.
Strategy has acquired 430 Bitcoin for around $51.4 million, at an average price of $119,666 each. The company has earned a Bitcoin yield of 25.1% so far this year. As of August 17, 2025, Strategy holds a total of 629,376 BTC, bought at an average price of $73,320 per coin, with a total investment of …
Just weeks ago, the crypto market was enjoying record highs, is now under heavy pressure. Bitcoin has dropped close to $114,000 after touching its all-time peak, and coins like Ethereum, Solana, and XRP are also deep in the red. Amid the crypto crash, Wall Street is raising fresh alarms over a possible $6.6 trillion liquidity …
Dogecoin (DOGE) price is testing a crucial support region near $0.22, with growing attention on the $0.20 level as a potential turning point. Price action suggests that a retest of $0.20 could establish a stronger base for a rebound, especially if buyers step in to defend this zone. Historically, consolidations around these levels have preceded …
It's another relatively modest weekly acquisition for the leading bitcoin treasury company.
Tokenized assets recorded on public blockchains have reached approximately $293 billion, according to data from RWA.xyz. The figure, which includes stablecoins valued at about $266.7 billion, places tokenization near the $300 billion threshold, emphasizing its role as a structural layer in on-chain financial markets. Excluding stablecoins, tokenized real-world assets account for around $26.3 billion. The […]
The post Tokenized assets near $300 billion as Wall Street quietly floods on chain appeared first on CryptoSlate.
BTCS, a MicroStrategy-related Ethereum company, announced it will issue a one-time blockchain dividend of $0.05 per share in Ethereum, becoming the first publicly traded firm to pay dividends in ETH. Additionally, BTCS will give a $0.35 per share Ethereum loyalty bonus to shareholders who transfer their shares to the company’s transfer agent and hold them …
The Royal Government of Bhutan recently transferred 800 Bitcoin valued at $92.08 million, just one hour ago. After this transaction, Bhutan’s total Bitcoin holdings stand at 9,969 BTC, equivalent to approximately $1.15 billion. This significant digital asset reserve highlights Bhutan’s growing commitment to Bitcoin as part of its financial strategy. The move reflects the country’s …
Michael Saylor's firm's growing Bitcoin holdings could influence market dynamics and raise questions about corporate influence in cryptocurrency.
The post Michael Saylor’s Strategy acquires 430 Bitcoin, now owns 3% of Bitcoin in circulation appeared first on Crypto Briefing.
Crypto analyst Josh Olszewicz expects Bitcoin to endure a grinding, probabilistic market over the next six weeks before conditions improve into the fourth quarter, warning that September seasonality, softening momentum signals, and mixed ETF flow dynamics argue for patience rather than leverage. “The TL;DW is probably chopped and bearish near-term, bullish Q4,” he said in an August 18 video, adding that the path to a cleaner upside impulse is explicitly conditional on a handful of technical and flow triggers rather than a single catalyst. The Battle Lines Are Drawn For Bitcoin Olszewicz anchors the near-term roadmap in flows and seasonality. He wants “just nothing—just flatline on [ETF] flows for the next couple weeks and then four weeks of even worse,” arguing that a reset would “set us up for Q4.” While he noted, “We did have $550 million in a week, which is pretty good for any ETF… still a solid number… not zero,” he contrasted that with earlier, much larger weekly tallies and observed that corporate treasury buying—“still a lot of sellers obviously if price hasn’t gone anywhere”—has slowed from peak pace. The implication is not overt bearishness, but “time, not price”: either sharp pullbacks in names that ran or “dead sideways for six weeks.” On Bitcoin’s chart, Olszewicz reduces the debate to a well-defined line in the sand and a small set of Ichimoku- and trend-based triggers. “Since July… $121–$122,000 is still the imaginary line in the sand… a daily close above that level, I’m good with higher,” he said, adding, “Above $120,000 it’s easy. I like $150,000.” Until that break, he sees “chop” dominating. Related Reading: Michael Saylor Sets $100 Billion Target For Bitcoin Credit Initiative He identifies “the first signs of trouble” as “closing in the daily cloud and/or closing below the 20-week moving average—the yellow line there at $104,000,” and stresses the timing nuance: “If we get a close below the cloud in September, I’m a little less worried than if we get it in October.” A decisive slip late in Q3 rolling into Q4 would be more concerning. “If we close below $100k in October, then I’m closer to this cycle-over, no-more-cycles camp,” he warned, clarifying, “We’re far from that currently… there’s nothing here that’s bearish whatsoever—it’s just momentumless.” His preferred system-of-confirmation leans on the Ichimoku suite and a separate cloud backtest he tracks on the BTC daily chart. That model “caught [the] April move” early; at present it reads “okay,” but he outlines the precise sequence that would flip his bias: “You need first the bearish TK cross… and then a close in the cloud… then there’s a decent edge-to-edge trade.” It’s a decision tree, not a prediction: “It’s nuanced… if this, then that.” Macro timing could add friction in the interim. He points to Friday’s Jackson Hole appearance by Federal Reserve Chair Jerome Powell as the only obvious near-term “catalyst,” suggesting a hawkish tone—“not cutting, needing more data, needing more time”—would be a headwind. He also mused that “Trump may even announce his replacement before Powell speaks… just to steal the thunder,” framing it as a headline-risk factor for risk assets, not a base case. Still, the larger macro backdrop—rising global money supply and debt—remains a structural tailwind for scarce assets, in his view: “That’s going to provide a nice cushion… as they keep printing money everywhere globally.” Waiting For The Q4 Seasonality Olszewicz emphasizes that this doesn’t preclude upside, but it does undercut the probability of trending continuation in the very near term. By contrast, he calls Ethereum’s positioning “horrific… for the long side,” even as ETH just printed a record ETF-flow week—an apparent paradox he resolves by distinguishing one-week surges from the “stream of continuous flows” that sustains trends. The comparison matters for Bitcoin because a broad-based crypto risk bid is harder to maintain if ETH’s positioning and overbought technicals stall leadership. Related Reading: Bitcoin Data Shows Accumulation Prevails As LTH Selling Pressure Eases Within Bitcoin’s own market structure, Olszewicz blends tactical caution with the longer-term thesis many cycle investors still hold. He flags that “August has been bullish” so far but notes the historical rarity of “six months in a row” of green closes, and he reiterates that traders looking for “high-conviction moves” with leverage should prefer to wait for signals rather than force exposure in “nothingness.” Conversely, for long-horizon holders, he cites the power-law corridor as a reason to avoid second-guessing unless the market fails badly into Q4: “If you think there’s a… 30–50% chance that we actually attempt a parabolic move past the midpoint of the power law… it’s probably just worth sitting tight as an investor and saying, okay, show it to me.” That framework also explains his tolerance for deeper retests without abandoning the larger uptrend. He repeats that there is “plenty [of] room to get angry and go down,” with the 20-week moving average and daily cloud serving as objective guardrails. A September cloud break is a warning; an October cloud break or an October close below $100k would be a far stronger statement about the cycle’s health. Until then, he expects a market “holding levels,” with $121,000–$122,000 as the trigger that would convert “dead momentum” into a genuine impulse. For Bitcoin traders, the takeaway is spare and unsentimental. There is no “magical setup” this week, and the statistically unfriendly month of September looms. The bullish path into Q4 exists, but it must be earned: In the meantime, Olszewicz’s baseline is either rangebound “nothingness” or opportunistic pullbacks that reset overheated pockets of the market. The contingency that flips that script is clear enough to write on a Post-it: maintain the cloud, defend the 20-week around $104,000, and close decisively above $121,000–$122,000. Only then, Bitcoin could target $150,000.” At press time, BTC traded at $115,069. Featured image created with DALL.E, chart from TradingView.com
Technical indicators suggest a bearish shift, with the weekly stochastic oscillator signaling a possible correction.
CMB International Securities, a unit of China Merchants Bank, has officially launched its virtual asset trading services, becoming the first Chinese-affiliated firm licensed in Hong Kong to offer such services. The firm’s mobile app now enables qualified investors to trade Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) 24/7, setting a new milestone for digital asset …
Decentralized exchange platforms operate very differently from their centralized counterparts, with automated market makers meaning users can trade directly with one another. They eliminate intermediaries, meaning they can offer lower trading fees, and they also allow traders to maintain self-custody of their crypto funds, meaning there’s no risk that users will suddenly see their digital …
Amdax is launching a Bitcoin treasury company, aiming for a Euronext listing as more European companies join the growing corporate Bitcoin adoption wave.
Multiple technical indicators and recent whale activity raise Bitcoin's odds of declining below $100,00 in coming weeks.
European users of Austria-based Bybit EU can now borrow funds against their existing crypto holdings, using them as collateral to buy or sell more assets.
The Stellar price has recently faced profit-taking pressures, leading to a short-term pullback on the daily chart. The XLM price saw this decline after hitting $0.4713, retreating to $0.4073 at the time of writing. This decline has trimmed its market capitalization to $12.76 billion. Looking more closely at the hourly chart, the XLM price chart …
Ethereum is stealing the spotlight again as institutional money keeps pouring in. In just two weeks, spot Ether ETFs raked in a massive $3.7 billion, with BlackRock’s ETHA fund alone holding 58.03% of all ETH under management. While retail traders worry about price swings, big institutions keep quietly adding ETH, showing strong confidence in Ethereum’s …
Your day-ahead look for Aug. 18, 2025
Capital B has successfully raised €2.2 million in funding, partnering with Bitcoin advocate Adam Back. The capital boost will help Capital B expand its Bitcoin portfolio and strengthen its position in the crypto market. This move signals growing confidence in Bitcoin’s long-term potential and commitment to increasing digital asset investments. With strong backing, Capital B …