Verb Technology is raising $558 million and rebranding as TON Strategy Co., becoming the first public company to hold Toncoin as a treasury asset.
Compass Point analysts view cooling interest in crypto trading among retail investors as a potential headwind for the exchange.
Europe’s top central bank is firm on one thing: banknotes aren’t going anywhere. On Monday, ECB Executive Board member Piero Cipollone vowed that euro coins and bills will remain at the heart of payments, even as Brussels moves ahead with plans for a state-backed digital euro. Related Reading: Spot Bitcoin ETFs Bleed Over $800 Million: Second‑Largest Exit Ever – Details He warned that without a public digital option, privately issued stablecoins could gain too much ground—especially in cross-border transfers. ECB’s Cash And Digital Push According to a blog post by Cipollone, the digital euro will sit alongside physical money, not replace it. He wrote that cash and digital euros, both with full legal tender status, will give consumers more choice. Reports have disclosed that on April 8, Cipollone said a digital euro would curb the rise of foreign-pegged stablecoins in Europe. He added that failing to launch it would leave risks on the table and forgo key opportunities. Cash is indispensable as a way to pay and to store value, says Executive Board member Piero Cipollone. We are modernising banknotes, ensuring they remain accessible and widely accepted. A digital euro will complement this by bringing the benefits of cash to digital payments. — European Central Bank (@ecb) August 4, 2025 Private Coins Are Growing Fast Crypto payments are on the rise. Stablecoins now handle many everyday buys and cross-border deals. Data shows that these digital coins often tie to the US dollar and escape strict banking rules. That worries regulators who fear a shift away from the euro. By building its own digital currency, the ECB plans to keep control firmly in its hands. Public Interest Remains Low A working paper published on March 13 found that Europeans aren’t exactly lining up for a digital euro. When people were asked to split 10,000 euros (about $10,800) among different assets, only a small slice went to the digital version. Cash still dominated. Based on reports, that survey showed nearly all respondents kept most of their mix in coins, bills or traditional bank deposits. Calls For Stablecoin Rules Some analysts say the world needs a stablecoin rulebook, pointing out that strong global coordination is vital to check the power of dollar-pegged coins. Other financial experts agree, highlighting the significance of options like regulated euro-pegged stablecoins, distributed ledger applications and the digital euro itself. Related Reading: Slow And Steady: Bitcoin’s Current Rise Feels Different—Study By stressing that cash is here to stay, the ECB sends a clear message: innovation must not come at the cost of stability. The plan is to roll out the digital euro in a way that works for all Europeans—whether they live in a city with fast internet or a town where ATMs are lifelines. Featured image from Meta, chart from TradingView
Bitcoin ETF netflows may be key in gauging market appetite as exchange order-book liquidity puts $116,000 top of the list for bulls.
Spot Ethereum exchange-traded funds (ETFs) available in the US saw $152.3 million in outflows on Aug. 1, ending their longest streak of inflows. According to Farside Investors’ data, the outflow amount was the largest since Jan. 8. It ended the 20-day streak of positive netflows for Ethereum ETFs, which have accumulated nearly $5.4 billion during […]
The post Ethereum ETFs 20-day inflow streak ends with $152M outflow appeared first on CryptoSlate.
Triton is Nvidia’s open-source inference server designed to optimize AI model deployment, now at the center of newly disclosed security vulnerabilities.
Web3 pump-and-dump schemes thrive on hype, anonymity, and unregulated markets; understanding their playbook is key to avoiding costly traps.
OpenLedger’s crypto AI agent does not trade without user approval, putting control before automation.
Microsoft has entered the fray with Edge's Copilot Mode, joining a crowded field of AI-powered browsers. We help you pick the right one.
Earlier last week, the Ethereum price was retracing severely, giving up a fraction of the gains garnered from the previous bull rally. Despite this brief show of weakness, a crypto pundit forecasts that the leading altcoin may be on the brink of an explosive rally toward a new all-time high of $9,000. This bullish projection is based on the completion of a Broadening Wedge formation and an ongoing retest of the pattern’s upper boundary, which may now act as support. Ethereum Price Chart Signals Major Breakout According to the new technical analysis released by crypto market expert Gert van Lagen on X social media, Ethereum could be gearing up for a major breakout move, with price action potentially targeting upper bullish levels around $9,000. This report is based on a key chart pattern, the Descending Broadening Wedge, which has historically proven to be a powerful bullish continuation setup. Related Reading: Ethereum Price Crash: What’s Happening And Where ETH Is Headed Next On the weekly timeframe, Ethereum has completed a breakout above the upper resistance of the long-standing Descending Broadening Wedge pattern. After its initial breakout attempt, Lagen notes that Ethereum is now retesting the former resistance trendline, which has flipped into potential support. This retest is considered critical, with the analyst highlighting it as ETH’s second attempt to break higher while sustaining its bullish momentum. The technical setup, as outlined by Lagen’s price chart, shows a projected upside of 79% from the breakout point, which could send Ethereum soaring toward the $9,000 level. Lagen highlights that statistically, such patterns resolve upward 67% of the time, reinforcing ETH’s bullish outlook. The price zone also aligns with a historical sell line—an area where traders may begin taking profits as the cryptocurrency approaches upper targets. Interestingly, Lagen notes that the Bitcoin price has previously formed a similar Descending Broadening Wedge structure. At the time, the analyst had predicted that a successful retest of the pattern’s upper boundary could trigger a massive surge to $230,000 for Bitcoin. This historical parallel reinforces the belief that Ethereum could be on the verge of a similar upward trajectory if the current retest confirms support. Analyst Sees ETH Surpassing $5,000 This August Despite ETH’s brief pullback, August is shaping up to be a potentially explosive month for the leading altcoin. Market expert, ‘Crypto GEMs’ on X, predicts that Ethereum will break past $5,000 before the month is over. The analyst’s technical chart shows a strong bullish setup forming after Ethereum’s brief price correction. Related Reading: This Ethereum Descending Broadening Wedge Pattern Looks Similar To 2019-2020, Here’s What Happened Last Time Currently, ETH is trading around $3,554 following a steep drop from its July highs of around $3,900. While this decline may appear concerning to some, Crypto GEMs sees it as a golden buying opportunity. The analyst encourages traders to take advantage of lower prices and “buy the dip”, as ETH positions for its next potential leg up. Featured image from iStock, chart from Tradingview.com
The latest crypto IPO seeks a $4.2 billion valuation.
Figure is joining a growing roster of digital asset companies seeking to go public amid booming crypto and stock markets.
Former UK Chancellor and current Coinbase adviser George Osborne says the UK is falling behind in the cryptocurrency market, particularly when it comes to stablecoins.
After a rough start to August in the crypto markets, many investors are now looking for fresh opportunities without spending a fortune. And this is where crypto airdrops are catching attention again. Airdrops are one of the easiest ways to explore new crypto projects. And if you’re looking to boost your portfolio, these four airdrops …
Silbert resigned as Grayscale chairman in 2023 when the asset manager was early in the midst of a legal battle with the New York Attorney General’s office.
Google Gemini could help traders break down the news, track sentiment and turn headlines into actionable crypto trading strategies.
Verb Technology has priced an oversubscribed $558 million private placement to pivot into a Toncoin (TON)-focused treasury vehicle in partnership with Kingsway Capital. According to an Aug. 4 statement, Verb plans to rebrand to TON Strategy Co. (TSC) post-close and become the first publicly traded treasury reserve for Toncoin (TON), expected on or around August […]
The post Verb secures $558M to become first TON treasury vehicle, plans TON Strategy rebrand appeared first on CryptoSlate.
Ethereum (ETH) is capturing market attention with signals of a potential breakout reminiscent of Bitcoin’s historic 2021 bull run. Analysts cite a combination of strong technical indicators, increasing ETF inflows, and intensified whale accumulation as key reasons Ethereum could soon outperform Bitcoin. Related Reading: Top Analyst Says Bitcoin Is Trapped: ‘Nothing To Do Until October’ ETH recently broke out of a classic falling wedge pattern, a technical setup often linked to trend reversals. This bullish formation, combined with multiple Relative Strength Index (RSI) taps, suggests Ethereum may be poised for a significant upward move. The RSI behavior mirrors Bitcoin’s movements in early 2021, before it surged to record highs. Adding to the bullish narrative, Ethereum’s RSI has tapped its long-term trendline three times, a rare pattern seen during market bottoms and major trend shifts. ETH's price trends to the upside on the daily chart. Source: ETHUSD on Tradingview $5.4 Billion in Ethereum ETF Inflows Reflect Institutional Confidence Institutional interest in Ethereum is surging. Over the past 20 days, Ethereum ETFs have recorded $5.4 billion in net inflows, with only one day of outflows in July. BlackRock’s ETHA ETF alone accumulated more than $4 billion, while the iShares Ethereum Trust added $1.7 billion across 10 straight trading days. This ETF demand marks a strong signal of growing confidence among professional investors. On-chain data also reveals a 40% surge in Ethereum ETF holdings over the last month, a vertical trajectory that underscores rapid institutional adoption. Whale Accumulation Adds Fuel to Ethereum’s Rally Potential Whales are also aggressively accumulating. More than 200 new whale addresses have been added since early July. Notably, one address reportedly purchased $300 million worth of Ether via OTC deals through Galaxy Digital. Despite recent price dips below $3,400, ETH rebounded to $3,560, signaling strong support and buyer interest. Analysts now see the ETH price forming a base for a sustained rally, especially if price closes above key resistance with rising volume. Related Reading: Polkadot Powers Up: Breakout Structure Signals A Bullish Week Ahead Supported by favorable technical indicators, increased institutional investments, and substantial holder confidence, ETH appears well-placed to potentially outperform Bitcoin in the coming months. As market participants anticipate the next upward movement, Ethereum may be poised to challenge Bitcoin’s prevailing market dominance. Cover image from ChatGPT, ETHUSD chart from Tradingview
Coinbase has urged US lawmakers to modernize the Bank Secrecy Act (BSA) by incorporating Zero-Knowledge Proofs (ZKPs) into the country’s financial compliance framework. In an Aug. 4 statement, Coinbase’s Chief Legal Officer Paul Grewal argued that ZKPs could enhance financial transparency while simultaneously protecting consumer privacy. Why Zero-Knowledge Proofs? According to him, the existing Know-Your-Customer […]
The post Coinbase urges US to modernize financial compliance with zero-knowledge proofs appeared first on CryptoSlate.
Bitcoin is trying to start a recovery from $112,000, but bears may pose a substantial challenge at $117,000 and then at $120,000.
The digital exchange operator and media company is eyeing an initial public offering of between $28 and $31 per share, regulatory filings show.
Bitcoin is trading just above the $112,000 level after breaking down from a consolidation range that held for over two weeks. The sharp decline sparked concerns among investors, particularly among Short-Term Holders (STH), who now face the difficult choice of realizing losses or holding underwater positions. However, top analyst Darkfost shared key insights suggesting that Bitcoin’s underlying demand remains robust, despite the price volatility. Related Reading: Bitcoin Inflows To Binance Accelerate: Investor Behavior Shifts After Months Of Decline According to Darkfost, the Apparent Demand metric—comparing new BTC issuance to over one-year inactive supply—indicates that the market is still absorbing supply effectively. The ratio has stayed in positive territory, signaling that demand continues to outpace new issuance. Over the past 30 days, approximately 160,000 BTC have been accumulated, highlighting strong buying behavior even as prices corrected. While sentiment among STH has weakened due to the recent drawdown, long-term accumulation trends suggest the broader market structure remains healthy. Investors with longer time horizons are continuing to add to their positions, reflecting confidence in Bitcoin’s long-term prospects. As BTC stabilizes around $112K, market participants are closely watching for a potential reversal or a deeper correction, with demand-side indicators offering a more optimistic outlook for the weeks ahead. Demand from Accumulator Addresses and OTC Desks Signals Strong Conviction Darkfost also highlighted critical insights regarding Demand from Accumulator Addresses, a metric that tracks wallets that have only acquired Bitcoin without any history of selling. This indicator provides a clear view into both the demand dynamics and the holding conviction of long-term investors. Over the past month, the average BTC accumulated by these addresses has grown by approximately 50,000 BTC, showcasing a consistent and determined buying trend, despite recent price corrections. Such behavior underscores the confidence of long-term holders who are taking advantage of market dips to strengthen their positions. On a broader horizon, BTC held on OTC Desks reflects a more strategic and long-term demand pattern. Unlike exchange-based activity, OTC transactions are less visible in immediate price action but offer a window into the intentions of institutional players. Since September 2021, the supply of BTC on OTC desks has dropped sharply, from around 550,000 BTC to just 145,000 BTC today. This significant decline indicates that large-scale buyers are consistently removing Bitcoin from OTC circulation, reducing the available supply for future institutional entrants. Whether examining short-term accumulation or long-term OTC trends, the overall demand-side picture remains notably positive. Despite recent volatility and a wave of short-term profit-taking, there are no major signs of structural weakness from demand-side indicators. Related Reading: Exchanges Receive 21,400 Bitcoin At A Loss From Short-Term Holders – Retail Capitulation? Bitcoin Faces Key Resistance After Rebounding from Local Lows Bitcoin is currently trading at $114,476, showing signs of stabilization after a sharp drop to $111,971 earlier this week. The chart shows BTC still hovering below the crucial $115,724 resistance, which aligns with the lower boundary of the previous consolidation range. The 50-day SMA sits at $100,228, providing a solid technical base, while the 100-day SMA at $95,433 remains a key medium-term support zone. The 200-day SMA is rising steadily at $77,282, confirming the long-term bullish trend. Despite the recent volatility, Bitcoin’s price structure still suggests a bullish outlook as long as BTC maintains higher lows above the $110K level. However, the $122,077 resistance remains a critical barrier. Breaking above this level would signal a strong bullish continuation towards new highs. Related Reading: Over 1-M Ethereum Withdrawn From Exchanges In 2 Weeks: Supply Shock Incoming? Volume activity has been decreasing during this retracement, which is a positive sign, indicating that selling pressure is not overwhelming. If BTC can reclaim the $115,724 zone in the coming sessions, it would increase the probability of another breakout attempt towards $122K. Featured image from Dall-E, chart from TradingView
Ethereum faces weak institutional demand and lacks catalysts, keeping ETH price tied to broader altcoin trends and economic uncertainty.
BNB's price rose nearly 2% to top $760, driven by a surge in volume and coordinated buying that pushed through technical resistance levels.
A revolutionary shift could be coming to the U.S. financial system that will transform Wall Street forever. Under the leadership of Paul Atkins, the SEC has launched “Project Crypto,” a bold plan that could completely change how the U.S. handles crypto, stocks, and finance in the digital age. Therefore, analysts at Bernstein say this project …
A cybersecurity expert warns that quantum computing could silently break Bitcoin, stockpiling encrypted data today to crack it in the future.
The layers of disappearing stripes creating the illusion of Satoshi, the pseudonymous creator of Bitcoin, that fade into code when viewed head-on had stood on the site since late 2024.
France's National Rally's shift to Bitcoin could signal a broader acceptance of crypto in politics, impacting energy policy and economic strategies.
The post France’s far-right National Rally unexpectedly warms to Bitcoin after years of opposition appeared first on Crypto Briefing.
The Treasury's FinCEN warned financial institutions to be on the lookout for bad actors using cryptocurrency ATMs.
Crypto analyst Egrag Crypto has advised XRP investors not to panic as they make their next move in the market. This came as he revealed levels to watch out for as the altcoin retraces alongside the broader crypto market. Analyst Advises XRP Investors Amid Market Correction In an X post, Egrag Crypto told XRP investors, especially the newbies, that they should not let fear dictate their next moves. The analyst also commented on the current price action, stating that investors will see where the market settles by the end of the day. In line with this, he revealed levels that investors should keep an eye on. Related Reading: Bitcoin Maxi Blasts XRP Investors With ‘Retarded’ Tag Amid Price Drop The crypto analyst stated that if the XRP price maintains closures above $2.80, then it is still in a super bullish position. Furthermore, he claimed that a close near $2.65 keeps the altcoin within a strong structural formation. Meanwhile, Egrag Crypto also raised the possibility of a wick down to $2.34, which would represent a 30% retracement. Whatever happens, the analyst is still confident that the altcoin will rally to higher prices at some point. As such, he advised XRP investors to stay steady and strong, stating that they should soon fly, indicating another parabolic rally was on the horizon. However, in the short term, a steeper price correction might occur, according to crypto analyst Ali Martinez. In an X post, the analyst said that the Market Value to Realized Value (MVRV) ratio flashed a death cross for XRP, suggesting that a steeper correction could be underway. His accompanying chart showed that the altcoin could drop to the psychological $2 price level on this decline. In another X post, Ali Martinez said that the on-chain data shows that past accumulation behavior points to $2.80 being a temporary buffer for XRP. Meanwhile, the real support begins below $2.48. Long-Term Update For The Altcoin In an X post, Egrag Crypto provided an update on his analysis of XRP’s 6-month chart. He noted that the altcoin has just less than five months left until this candle closes. Based on this, he questioned whether it can still make history by breaking the chasm of whether the top might already be in. Related Reading: Analyst Predicts Historical 90% XRP Crash Against Bitcoin, But This Will Happen First However, the analyst believes that the market top isn’t in and that the last leg for the XRP price is still imminent, something he claimed would be “epic.” Egrag Crypto stated that the Non-Log Scale measured move puts the altcoin at a market top of around $4.89. On the other hand, the Log Scale measured move shows a market top of $48.90. The analyst noted that he is adopting an average approach between the two targets. As such, he sees XRP reaching at least $27. At the time of writing, the XRP price is trading at around $2.97, up almost 5% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com