Crypto
AI Summary
- Institutional investors are actively acquiring Bitcoin, with companies like Strategy and Strive significantly increasing their holdings, signaling continued confidence in the asset.
- Regulatory developments are shaping the crypto landscape, evidenced by Russia's moves toward legalization and Japan's consideration of tax exemptions for stablecoins.
- The crypto market is experiencing a surge in tokenized assets, with Stellar's RWA market quadrupling and tokenized stock transfers showing substantial growth.
- Exploits and security incidents continue to impact the industry, as seen with the Cronos network halt due to a $75 million Tectonic exploit and the Polygon security flaw disclosures.
- Advancements in blockchain technology are progressing, including Bitcoin's experimental quantum-safe transaction and Solana's network disinflation proposal approval.
Sources
Cointelegraph
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Webull expands crypto trading into Canada through Coinbase collaboration
an hour ago
by Cointelegraph by Sam Bourgi
Latest NewsThe brokerage is adding digital assets alongside stocks, ETFs and options as Canadian crypto ownership rises and regulators move toward clearer industry rules.
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Bitcoin begins volatile monthly close as US bond yields eye new 20-year high
2 hours ago
by Cointelegraph by William Suberg
MarketsBitcoin price action saw sharp moves within its local range as US Treasury Secretary Scott Bessent addressed US bond yields.
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Bitmine now controls 4.9% of Ethereum supply after adding 53.5K ETH
3 hours ago
by Cointelegraph by Sam Bourgi
Latest NewsBitmine has bought Ether for 65 consecutive weeks, maintaining its accumulation strategy through a prolonged crypto downturn and $5.1 billion in paper losses.
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Strive buys 1,800 Bitcoin for $143M, becomes fifth-biggest corporate holder
3 hours ago
by Cointelegraph by Sam Bourgi
Latest NewsStrive’s latest Bitcoin purchase lifted its holdings to 23,156 BTC, making it the fifth-largest publicly traded corporate holder as crypto markets rebound.
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Russian crypto trading to bring $46B to regulated exchanges in first year after legalization: Report
4 hours ago
by Cointelegraph by Zoltan Vardai
Latest NewsRegulated cryptocurrency exchanges may see more than $46 billion in crypto trading volume during the first year after legalization, according to estimates from the country’s largest bank.
CoinDesk
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Kalshi lays down first lifetime ban for ex-member of Congress George Santos
3 hours ago
by Jesse Hamilton
Policy, Prediction Markets, Kalshi, Polymarket, Donald Trump, NewsThe prediction market platform banned Santos for manipulation as part of the industry's ongoing efforts to show it's dealing with bad behavior.
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NYSE owner ICE taps tZERO for tokenized securities push, takes stake in firm
4 hours ago
by Krisztian Sandor
Finance, Tokenization, NewsThe deal adds transfer-agent and settlement infrastructure to ICE's plans for an NYSE-affiliated market for tokenized stocks, tZERO said.
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Ireland bars crypto from new tax-advantaged investment accounts
5 hours ago
by Francisco Rodrigues
Finance, Crypto News, NewsEligible assets for the new accounts include listed stocks, bonds, and ETFs, with providers handling tax reporting to simplify investor compliance.
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Bitmine makes largest ether purchase since June as Tom Lee points to crypto's strong Q3
6 hours ago
by Krisztian Sandor
Finance, Ethereum News, Digital Asset Treasury, NewsCompany Chairman Lee said crypto’s recent outperformance could draw more institutional investors.
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Strategy returns to bitcoin buys, adding $370 million of BTC last week
6 hours ago
by Stephen Alpher
Markets, NewsIt's the first week of bitcoin purchases for the Michael Saylor-led company in about two months.
Decrypt
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Former SEC, CFTC Officials Urge Lighter Touch to Bring Crypto Perps Trading Onshore
an hour ago
by EleanorTerrett
Law and OrderWith the Clarity Act stuck in recess limbo, the agencies are pressing ahead on crypto derivatives and custody, as former officials warn that overly burdensome rules will keep a $90 trillion perps market offshore.
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Bitcoin Holds Steady as US Strikes on Iran Rattle Stocks and Lift Oil
2 hours ago
by Decrypt Staff
MarketsThe largest cryptocurrency is on track for its best month since 2017, holding above $78,000 even as a hawkish Fed and renewed Middle East conflict drag on stocks and lift crude.
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Sony Argues in Court That Digital Games Can't Be Owned
3 hours ago
by Decrypt Agent
GamingThe PlayStation maker is fighting a California class action over "Buy Now" buttons, and has asked the judge to send the case to arbitration.
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Tom Lee's Bitmine Buys $131M of ETH in Largest Ethereum Purchase Since June
4 hours ago
by Decrypt Agent
BusinessThe purchase lifts Bitmine's stash to 5.9 million ETH—4.9% of supply—as chairman Tom Lee points to crypto's strong third quarter.
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South Korea Will Give Every Citizen Free AI Access With Unlimited Tokens
5 hours ago
by Decrypt Agent
Artificial IntelligenceThree consortia will run the service, sharing up to 512 Nvidia B200 chips supplied by the state, with beta testing due in September.
AMBCrypto
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Crypto buybacks reach $638M as Hyperliquid dominates – Is the model sustainable?
3 hours ago
by Muriuki Lazaro
Altcoin, News, Social, Trading ViewCrypto buybacks are growing, but sustainable fees and lower emissions remain crucial for lasting value.
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BitMine is now 133,900 ETH short of its 5% treasury goal
4 hours ago
by Adewale Olarinde
Ethereum, News, News 1, Social, Trading ViewBitMine’s Ethereum treasury has reached 5.90 million ETH, leaving the company 133,900 tokens away from its 5% ownership target.
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Monero gains 11% – Why XMR could extend its price rally to $546
5 hours ago
by Gladys Makena
Altcoin, News, Social, Trading ViewMonero surged 9% to a local high of $520, amid strong upside pressure.
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Can Solana reach $140 SOL by year-end? Here’s what SOL’s on-chain data says
6 hours ago
by Ritika Gupta
Altcoin, News, Social, Trading View, ambcryptoSOL’s 40% rally, rising on-chain activity, and ETF inflows strengthen its year-end case.
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PI crypto’s price pullback tests bulls – Is $0.113 still on the cards?
6 hours ago
by Akashnath S
Analysis, HideCryptopanic, News, Social, Trading View, ambcryptoThe PI crypto price breakout beyond $0.10 last week was likely spurred by the Protocol 26 upgrade on the Mainnet.