Category: crypto
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Bitcoin consolidation below $123,000 reflects caution rather than market weakness
Bitcoin is currently in a consolidation phase between its all-time high and range lows, reflecting a period of digestion rather than weakness. Altcoins are more vulnerable than major cryptocurrencies, with liquidity concentrating in Bitcoin and Ethereum. A Federal Reserve rate-cutting cycle later this year could support both Bitcoin and Ethereum.
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Strategy and Metaplanet Bitcoin acquisitions lift their holdings to 3.1% of supply
On August 18, Strategy and Metaplanet increased their Bitcoin holdings to nearly 3.1% of the total circulating supply. Strategy purchased 430 BTC, while Metaplanet bought 775 BTC, totaling over $144 million. Both companies have significantly increased their Bitcoin holdings in 2025, highlighting the growing role of corporate treasuries in the cryptocurrency market.
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Circle’s Arc blockchain network to launch with day one access for institutions via Fireblocks
Circle’s upcoming Arc blockchain will be launched with direct institutional access through Fireblocks, solidifying the stablecoin issuer’s position in the competitive sector. Fireblocks, serving over 2,400 banks and firms, will support Arc from its launch, departing from the norm of adding new blockchains after maturity. Circle’s recent milestones include a successful IPO and revenue growth,…
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Gemini IPO filing reveals Ripple credit deal, $282M net loss in 2025
Gemini has filed for a Nasdaq IPO under the ticker GEMI, with a net loss of $282.5 million for the first half of 2025. They also disclosed a $75 million credit agreement with Ripple. The move follows a trend of crypto companies seeking public market access after Trump’s return to office.
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SEC delays decisions on several crypto ETFs amid work on streamlined approval process
The Securities and Exchange Commission (SEC) postponed decisions on nine cryptocurrency exchange-traded fund (ETF) applications, including Bitcoin, XRP, Litecoin, and Dogecoin. The delays are due to the SEC’s efforts to create a comprehensive digital asset framework. Analysts suggest this approach aims to establish approval criteria before greenlighting individual applications, potentially leading to generic listing standards…
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Jamie Dimon casts doubt on US dollar as global reserve currency
JPMorgan Chase CEO Jamie Dimon warns about the U.S. dollar’s reserve currency status at a forum, citing internal threats like excessive government spending and trade tensions with China. Dimon’s concerns resonate beyond finance, with Elon Musk supporting his views. The implications of losing reserve currency status could be significant, but the U.S. is exploring innovative…
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Hyperliquid Bitcoin whale loses $100 million as BTC price falls below $105K
Prominent trader James Wynn saw nearly $100 million in leveraged Bitcoin positions liquidated after a price dip triggered by new tariff announcements. Despite the massive loss, Wynn remained unfazed and quickly re-entered the market. The incident highlighted the risks of high-leverage trading and served as a cautionary tale.
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Conor McGregor doubles down on an Irish strategic Bitcoin reserve, tags Nayib Bukele ‘let’s chat’
Former UFC champion and Irish presidential hopeful Conor McGregor is advocating for an Irish strategic Bitcoin reserve, aiming for financial independence. He has reached out to El Salvador’s president and other prominent Bitcoin advocates for collaboration. However, establishing a national Bitcoin reserve in Ireland would require coordination with EU institutions and the Irish Central Bank.…
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AI can’t scale without trust. Trust starts with the data layer
Johanna Rose Cabildo, CEO of Data Guardians Network, discusses the challenges of AI running on unreliable data with legal issues. Synthetic data and scraping are not sustainable solutions. Blockchain technology offers traceability, immutability, and verifiability to ensure trustworthy data for AI. A new data economy is needed for ethical and transparent AI development.
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How smart EOAs are redefining the wallet experience
Trust Wallet’s Lead Product Manager Nanfeng Jie discusses the trend of users choosing self-custody for digital assets for control and accountability. The rise of tools like Trust Wallet reflects this shift, with features like FlexGas allowing users to pay gas fees with tokens they hold. The EIP-7702 proposal aims to improve user experience by introducing…