AI Summary
- Google has increased its stake in TeraWulf to 14%, making it the largest shareholder and highlighting tech giants' growing investment in the cryptocurrency sector.
- Illinois has enacted new consumer protection regulations for cryptocurrencies, becoming the first Midwest state to do so, which includes oversight for exchanges and limits on ATM fees.
- Bitcoin prices have dipped below recent highs, with investors taking profits, leading to concerns about market corrections as analysts warn that a significant drop could occur.
- The SEC has postponed decisions on several proposed cryptocurrency ETFs, including those from Trump's Truth Social, Solana, and XRP, creating further uncertainty in the market.
- Ethereum has seen record inflows into ETFs as its price approaches significant resistance levels, while Ethereum-based companies like BTCS announce unique dividend structures to retain investor interest and discourage short selling.
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CoinDesk
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Asia Morning Briefing: Traders Tilt Bearish on August BTC, ETH Targets as Retail Lags Institutions
coindesk.com
3 hours ago
by Sam Reynolds
Markets, btc, ETH, NewsGOOD MORNING, ASIA. HERE'S WHAT'S MAKING NEWS IN THE MARKETS: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. ho…
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KindlyMD Closes $200M Convertible Note Funding for More Bitcoin
coindesk.com
8 hours ago
by Krisztian Sandor
Markets, Bitcoin Treasury Reserve Asset, Nakamoto, NewsKindlyMD (NAKA), the Nasdaq-listed firm that's recently merged with bitcoin (BTC) treasury firm Nakamoto closed a $200 million convertible not…
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Stellar Development Foundation Invests in Archax, Aiming to Boost Tokenization
coindesk.com
9 hours ago
by Krisztian Sandor
Finance, Tokenization, Real World Assets, Stellar Development Foundation, Stellar, #Archax, NewsThe Stellar Development Foundation (SDF), the organization supporting the Stellar (XLM) blockchain, invested in UK-based digital asset exchang…
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U.S. Treasury Department Starts Work on GENIUS, Gathering Views on Illicit Activity
coindesk.com
10 hours ago
by Jesse Hamilton
Policy, U.S. Treasury Department, crypto legislation, Stablecoins, Regulations, NewsThe U.S. Treasury Department is seeking new ideas for detecting and cutting off illicit crypto activity as it begins to put the new stablecoin…
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Circle Acquires Malachite to Power Its Upcoming Arc Blockchain
coindesk.com
10 hours ago
by Krisztian Sandor
Finance, Circle, acquisition, NewsStablecoin issuer Circle (CRCL) has acquired Malachite, the consensus engine that is set to underpin payments-focused blockchain Arc, from sof…
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Stellar's XLM Token Drops 6% as Selling Pressure Intensifies
coindesk.com
11 hours ago
by CD Analytics
Markets, AI Market InsightsStellar’s XLM token came under heavy institutional selling pressure between August 17 at 3:00 PM and August 18 at 2:00 PM, sliding from $0.43 …
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HBAR Suffers 7% Decline Amid Substantial Liquidation Cascade
coindesk.com
12 hours ago
by CD Analytics
Markets, AI Market InsightsHBAR faced strong downward pressure in the last 24 hours, slipping 6.68% from $0.26 to $0.24, while trading activity surged past 109 million t…
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ICP Loses Key Support as Token Falls 7% in Heavy Institutional Selling
coindesk.com
12 hours ago
by Jamie Crawley
Markets, AI Market Insights, Technical Analysis, ICP, NewsInternet Computer Protocol (ICP) fell over the last 24 hours, losing 7% of its value. The token dropped to a low of $5.27, breaking through c…
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Insurance Against Price Slides in BlackRock's Bitcoin ETF Now Costliest Since April Crash
coindesk.com
13 hours ago
by Omkar Godbole
Markets, Bitcoin, Bitcoin ETF, BlackRock, FastNews, NewsProtection against price drops in BlackRock's spot bitcoin (BTC) exchange-traded fund (ETF), is now at its priciest since the early April mark…
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Core Scientific Faces Valuation Disconnect; PT Hiked to $22: Jefferies
coindesk.com
13 hours ago
by Will Canny
Markets, Core Scientific, Coreweave, mergers and acquisitions, Jefferies, Analysts, NewsCore Scientific (CORZ) reported weaker-than-expected revenue but topped adjusted EBITDA estimates in its second-quarter 2025 results. Yet the …
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BTCS to Pay First-Ever Ether Dividend, Loyalty Bonus to Discourage Short Selling
coindesk.com
13 hours ago
by Krisztian Sandor
Finance, Digital Asset Treasury, Ethereum Treasury, BTCS, NewsBTCS Inc. (BTCS), a Nasdaq-listed crypto strategy firm focused on Ethereum, will distribute a first-of-its-kind ether (ETH) dividend to shareh…
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Top Crypto Traders Flip Bearish on BTC, ETH in Major Sentiment Shift
coindesk.com
14 hours ago
by Oliver Knight
Markets, Bitcoin, Ether, market analysis, NewsIn a sharp reversal from last week’s euphoric record highs and $300,000 bitcoin price targets, some of crypto’s most followed traders are now …
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BitMine Immersion's Ether Holdings Top $6.6B, Stock Slides 7% Alongside ETH's Tumble
coindesk.com
14 hours ago
by Krisztian Sandor
Finance, Bitmine, Digital Asset Treasury, Ethereum Treasury, NewsBitMine Immersion Technologies (BMNR), the listed firm with a digital asset treasury strategy focusing on Ethereum and led by Fundstrat's Tom …
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Bitcoin Network Hashrate Rose 4% in First Two Weeks of August: JPMorgan
coindesk.com
14 hours ago
by Will Canny
Markets, Bitcoin Miners, Hashrate, AI, TeraWulf, JPMorgan, Analysts, NewsThe Bitcoin network hashrate rose 4% in the first two weeks of the month to an average of 937 exahashes per second (EH/s), Wall Street bank JP…
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Golden Cross Signal Fades as XRP Slumps Below $3
coindesk.com
14 hours ago
by Shaurya Malwa
Markets, Ripple, NewsXRP slid to $2.97 in its sharpest decline in weeks, shedding 5.4% over a 23-hour stretch as retail selling overwhelmed order books. The move c…
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CoinDesk 20 Performance Update: Stellar (XLM) Drops 4.3%, Leading Index Lower
coindesk.com
15 hours ago
by CoinDesk Indices
CoinDesk Indices, CoinDesk 20, charts, Prices, NewsCoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDes…
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TeraWulf Adds Another 10% as Google Lifts Stake
coindesk.com
15 hours ago
by Stephen Alpher
Markets, TeraWulf, Google, NewsAI cloud platform Fluidstack has exercised its option to expand at TeraWulf's (WULF) Lake Mariner data center campus in Western New York. The…
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Michael Saylor's Strategy Added $51M of Bitcoin Last Week
coindesk.com
16 hours ago
by Stephen Alpher
Markets, Strategy, Michael Saylor, Bitcoin, NewsStrategy (MSTR) — the original and leading bitcoin treasury company — added 430 bitcoin to its stack last week. Led by Executive Chairman Mic…
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Markets Today: Crypto Declines as U.S. Index Futures Hold Steady
coindesk.com
16 hours ago
by Omkar Godbole
Markets, Derivatives, Altcoins, NewsThe cryptocurrency market experienced broad losses Monday, while U.S. stock index futures held steady ahead of a crucial meeting between Europ…
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Solo Bitcoin Miner Bags $360K in Rare BTC Block Win
coindesk.com
16 hours ago
by Shaurya Malwa
Markets, Bitcoin Mining, NewsA solo bitcoin (BTC) miner pulled off a rare feat over the weekend, solving block 910440 on their own and pocketing 3.137 BTC worth more than …
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Bitcoin in Precarious Position as BTC Price Penetrates Bullish Trendline
coindesk.com
16 hours ago
by Omkar Godbole
Markets, Bitcoin, Technical Analysis, NewsThis is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin (BTC) remains susceptible to further down…
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Crypto Exchange Bybit Introduces 10x Spot Margin Trading in Europe
coindesk.com
17 hours ago
by Ian Allison
Finance, Bybit, Europe, NewsBybit, the world’s second-largest cryptocurrency exchange by volume, has introduced spot margin trading for European users of the platform at …
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Jackson Hole Weighs on Digital Assets: Crypto Daybook Americas
coindesk.com
17 hours ago
by Omkar Godbole
Crypto Daybook Americas, NewsBy Omkar Godbole (All times ET unless indicated otherwise) There's a note of caution seeping into crypto markets, with bitcoin (BTC) sliding …
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Bitcoin Drops Below $115K Amid Wave of Profit-Taking
coindesk.com
18 hours ago
by James Van Straten
Markets, Bitcoin, Glassnode, NewsBitcoin (BTC) has fallen more than 7% dipping below $115,000, since hitting its all-time high of over $124,000, as traders booked in over $3.5…
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Metaplanet Expands Bitcoin Treasury by 775 BTC, Assets Outweigh Debt 18-Fold
coindesk.com
18 hours ago
by James Van Straten
Markets, MetaPlanet, Bitcoin, NewsTokyo-listed Metaplanet Inc (3350) has acquired an additional 775 bitcoin (BTC) for 13.73 billion yen (about $94 million), according to its mo…