Iranian crypto flows fall 11% on Israel conflict, Nobitex hack: TRM Labs
Iran crypto flows dropped 11% so far this year to July, amid conflict with Israel, a $90 million hack on local crypto exchange Nobitex and Tether freezing 42 wallets. Flows…
Bitcoin miner Hut 8 announces 1.5GW expansion in the US, stock rises 10%
Labeled for “energy-intensive use cases,” the facilities in Texas, Louisiana and Illinois could support both Bitcoin mining and artificial intelligence workloads. Bitcoin mining company Hut 8 is building four new…
Estimating Bitcoin’s support levels for the next cycle bottom
Using Monte Carlo simulations and the 200-week moving average, Diaman Partners estimates Bitcoin’s next cycle bottom could range from $60,000 to $80,000 by 2026. It is now clear to most…
Japan wrote the first stablecoin rulebook — so why is the US pulling ahead?
“Japan prizes systemic stability above innovation speed, while the US is signaling a bigger market-opening play,” said Startale Group’s Takashi Tezuka. While the US GENIUS Act is being celebrated as…
BlackRock Expands Crypto Portfolio with $300M Ethereum Purchase
TLDR BlackRock purchased $314.9 million worth of Ethereum through multiple transactions over the past five days. Ethereum spot ETFs saw net inflows of $443.91 million, reflecting renewed institutional interest in…
US to publish economic data on blockchain, Commerce chief says
Commerce Secretary Howard Lutnick the department will begin publish GDP data onchain first, and gradually include other economic data. US Commerce Secretary Howard Lutnick said the Department of Commerce will…
SOL could rally to $250 if three key factors align
To hit $250, SOL needs to see an uptick in onchain activity, demand for buy-side leverage and a resolution of the SEC’s Solana ETF decision. Key takeaways: Solana struggles to…
Ether breaks out against BTC, but new highs depend on $4.7K becoming support
Ether rallied nearly 5% on Monday, but a true short-term trend reversal hinges on $4,700 flipping back to support. Key takeaways: Ether rallied 5% after a “Monday trap,” but leverage…
Binance stablecoin inflows top $1.6B, signaling traders positioning for rebound
Massive stablecoin deposits highlight shifting capital flows on Binance, even as Bitcoin whipsawed below $110,000 amid whale-driven selling and heavy liquidations. Users of the Binance cryptocurrency exchange deposited $1.65 billion…
Bitcoin Critic Schiff Warns of Further Decline After BTC Falls Below $109K
Economist and longtime Bitcoin critic Peter Schiff has warned that BTC’s recent 13% drop to under $109,000 signals deeper weakness. Market Context and Recent Price Action Economist and bitcoin critic…
Global Exchanges Urge Crackdown on Tokenized Stocks Over Investor Risk
The World Federation of Exchanges has urged securities regulators to take action against tokenized stocks, citing concerns over market integrity and investor risks. Mismatched Products and Regulatory Gap The World…
Kraken Meets SEC Crypto Taskforce to Push for Clarity on Tokenized Assets
Representatives of the crypto exchange Kraken recently met with the SEC’s Crypto Task Force to discuss its proposed tokenized trading system and the broader regulatory framework for tokenizing traditional assets.…
Bitcoin and Ether ETFs Roar Back With $663 Million in Combined Inflows
Crypto exchange-traded funds (ETFs) snapped back to life on Monday, with ether ETFs attracting $444 million in inflows and bitcoin ETFs adding $219 million. Blackrock’s ETHA led the charge for…
JPMorgan backs hedge fund Numerai with $500M, fueling crypto-AI convergence
Numerai, the Paul Tudor Jones–backed hedge fund powered by crowdsourced AI models, has secured a $500 million commitment from JPMorgan. Numerai, an AI-driven hedge fund backed by Paul Tudor Jones,…
Trump Jr. joins Polymarket board as prediction market eyes US comeback
Donald Trump Jr. has joined Polymarket’s advisory board as 1789 Capital invests in the platform, tying the prediction market more closely to US politics. Prediction market Polymarket has added Donald…