News

Bullish Exchange Receives $1.15 Billion IPO Proceeds in Stablecoins

Cryptocurrency exchange Bullish plans to receive its $1.15 billion IPO payout entirely in stablecoins, marking a first for IPO settlements in the...

BONK Drops 2.9% as Selling Pressure Increases Amid Volatility

BONK, the Solana-based meme token, experienced volatility with a 2.9% drop to $0.00002192. Key points include: Resistance at $0.00002308 defended...

Tether Hires Bo Hines as Strategic Advisor for U.S. Expansion

Tether has appointed Bo Hines as a strategic advisor for digital assets and U.S. expansion. This follows his resignation as Executive Director of...

Google Searches for "Alt Season" Decline Amid Ethereum Price Fluctuations

Recent Google Trends data indicates a significant drop in U.S. searches for the term "alt season," suggesting diminishing interest among retail...

TeraWulf Announces $850 Million Convertible Note Sale for Expansion

TeraWulf (WULF) adjusted its convertible note sale to $850 million, pricing the offering to fund data center expansion. The notes mature in 2031...

Ethereum Attracts $2.87 Billion in Weekly Inflows, XRP and Solana Gain

According to CoinShares’ latest Weekly Report, inflows into crypto products reached $3.75 billion last week, marking the fourth-largest weekly...

SoFi Partners with Lightspark to Enable Bitcoin-Based International Remittances

SoFi Technologies (SOFI) will enable remittance payments using the Bitcoin layer-2 Lightning Network through a partnership with Lightspark. Key...

Cardano Price Targets $10 Rally as Open Interest Reaches Seven-Month High

Cardano's cryptocurrency ADA is experiencing significant attention as it approaches a potential breakout past $1.0, having surged 21% weekly and...

Bitcoin Hits $124,390 Before Dropping, Analyst Predicts $600,000 Target

Bitcoin reached a peak of approximately $124,390 before falling to around $114,158 and currently sits at $115,285. Analyst AO suggests Bitcoin could...

Valantis Acquires Staked Hype to Enhance Liquid Staking on Hyperliquid

Valantis has acquired Staked Hype (stHYPE), the second-largest liquid staking token on Hyperliquid. Financial details were not disclosed. Key...

XRP Experiences 5% Price Swing Before Trading Freeze at $3.00

XRP experienced significant price fluctuations before a sudden trading halt, leading to discussions about whether institutional activity or...

SharpLink Gaming Acquires 143,593 ETH, Total Holdings Exceed $3 Billion

SharpLink Gaming (SBET) reported a purchase of 143,593 ETH, increasing total holdings to 740,760 ETH valued at $3.18 billion. The firm raised $537...

CoinDesk 20 Index Falls 1.2% as Chainlink Drops 4.3%

The CoinDesk 20 Index is currently at 4076.62, reflecting a decline of 1.2% (-51.06) since Monday at 4 p.m. ET. Highlights: One asset is trading...

Crypto Market Holds Steady Ahead of Powell's Jackson Hole Speech

The crypto market is currently stagnant, influenced primarily by upcoming remarks from Federal Reserve Chair Jerome Powell at the Jackson Hole...

KindlyMD Acquires 5,743.91 BTC for $679 Million

KindlyMD, Inc. (NAKA) acquired 5,743.91 BTC through its subsidiary Nakamoto Holdings, increasing total holdings to 5,764.91 BTC. Purchase...

Crypto Bull Market Expected to Peak in 2027, Says Bernstein

Bernstein projects an extended crypto bull market, potentially peaking in 2027. Key points include: Robinhood's price target increased to $160 from...

Onyxcoin (XCN) Surges 9.44%, Analyst Forecasts 1,200% Rally

Onyxcoin (XCN) surged 9.44% in the last 24 hours, reaching approximately $0.01326, driven by a trading volume increase of 204.13%. The market...

Chamath Palihapitiya Files to Raise $250 Million for American Exceptionalism SPAC

Chamath Palihapitiya has filed to raise $250 million for a new SPAC, "American Exceptionalism Acquisition Corp A," focusing on decentralized...

$2 Billion in Long Positions at Risk Amid Ethereum Price Crash

Key Points on Ethereum Price Dynamics Up to $2 billion in long positions are at risk of liquidation if ETH falls to $4,200. Currently, a...

Crypto Prices Stabilize as Derivatives Indicate Unwinding of Long Positions

Major cryptocurrencies exhibited little movement amid stable U.S. stock index futures, despite positive outcomes from the meeting involving European...

Polkadot Introduces Capital Group to Connect Traditional Finance and Web3

Polkadot is launching Polkadot Capital Group, aimed at connecting traditional finance with Web3 infrastructure. Key points include: The initiative...

ETH ETFs Expected to Surpass BTC ETFs in Supply Held by September

Ethereum ETFs may soon surpass Bitcoin ETFs in supply held, indicating a shift in institutional crypto markets. Bitcoin ETFs hold 6.38% of total...

1 Million Contracts of $4 XRP Call Options Traded Despite Price Decline

XRP call options at the $4 strike have seen significant trading activity this week, despite a price decline. One million contracts of the $4 call...

Wyoming Launches U.S. Dollar Stablecoin Frontier Token on Multiple Blockchains

Wyoming has launched the mainnet for its Frontier Stable Token (FRNT), claiming it as the first fully-reserved stablecoin issued by a public entity...

Royal Bank of Canada Increases MSTR Shares to 188,657 in Q2

The Royal Bank of Canada (RBC) increased its investment in Bitcoin by acquiring more shares of Strategy Inc. (MSTR), a company focused on Bitcoin...

Bitcoin Faces Pressure as Fresh Demand Emerges in Market

Bitcoin (BTC) is currently under pressure, having breached its bullish trendline from April, with support around $114,600. Fresh demand is emerging...

Bitmine Technologies Becomes 10th Most Traded Stock in US Markets

Bitmine Technologies (NYSE: BMNR) has seen a surge in trading activity, becoming the 10th most traded stock in the U.S. on August 18 with a daily...

Analyst Predicts XRP Outperformance Over Ethereum Based on Market Structure

CrediBULL Crypto (@CredibleCrypto) indicates that market structure analysis suggests XRP may outperform Ethereum. Key points include: XRP/ETH has...

Tassat Appoints Glen Sussman as CEO to Drive Institutional Growth

Tassat Group appointed Glen Sussman as CEO, replacing Zain Saidin, who will remain on the board as a senior adviser. Sussman joined Tassat in 2021...

Tether Appoints Bo Hines as Strategic Advisor for U.S. Market Entry

Tether has appointed Bo Hines as a strategic advisor for its U.S. strategy. Hines previously served as executive director of the White House Crypto...
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