Hodler | Crypto

Can XRP revisit the $3.60 level it? Coinbase files a legal motion requesting a hearing to address the SEC Office: Hodler’s Digest Coinbase is escalating its dispute with US regulators over past communications involving former Securities and Exchange Commission (SEC) Chair Gary Gensler. Coinbase filed a legal motion on Thursday requesting a hearing to address the SEC Office of the Inspector Generals investigation, which found that the agency deleted nearly one years worth of text messages from Gensler and other senior officials in avoidable errors. The exchange said the SEC should explain why it did not conduct a full search of agency records, including text messages from Gensler and senior SEC officials, when it requested the messages in several Freedom of Information Act filings from 2023 and 2024. Read more

Can XRP revisit the $3.60 level it? Coinbase files a legal motion requesting a hearing to address the SEC Office: Hodler’s Digest Coinbase is escalating its dispute with US regulators over past communications involving former Securities and Exchange Commission (SEC) Chair Gary Gensler. Coinbase filed a legal motion on Thursday requesting a hearing to address the SEC Office of the Inspector Generals investigation, which found that the agency deleted nearly one years worth of text messages from Gensler and other senior officials in avoidable errors. The exchange said the SEC should explain why it did not conduct a full search of agency records, including text messages from Gensler and senior SEC officials, when it requested the messages in several Freedom of Information Act filings from 2023 and 2024. Read more

Can XRP revisit the $3.60 level it? Coinbase files a legal motion requesting a hearing to address the SEC Office: Hodler’s Digest Coinbase is escalating its dispute with US regulators over past communications involving former Securities and Exchange Commission (SEC) Chair Gary Gensler. Coinbase filed a legal motion on Thursday requesting a hearing to address the SEC Office of the Inspector Generals investigation, which found that the agency deleted nearly one years worth of text messages from Gensler and other senior officials in avoidable errors. The exchange said the SEC should explain why it did not conduct a full search of agency records, including text messages from Gensler and senior SEC officials, when it requested the messages in several Freedom of Information Act filings from 2023 and 2024. Read more

An analyst forecasts Bitcoin may tap $50,000 in the 2026 bear market, Justin Sun urges WLFI to unfreeze tokens: Hodler’s Digest Several financial institutions and market analysts are now projecting the US Federal Reserve, the countrys central bank, will slash interest rates from the current target rate of 4.25%-4.5% at least twice in 2025. The banking forecasts followed a weak August jobs report that saw only 22,000 jobs added for the month, versus expectations of about 75,000. Analysts at Bank of America, a banking and financial services company, reversed their long-held stance of no rate cuts in 2025 and are now projecting two 25 basis point (BPS) cuts one in September and another in December according to Bloomberg. Read more

An analyst forecasts Bitcoin may tap $50,000 in the 2026 bear market, Justin Sun urges WLFI to unfreeze tokens: Hodler’s Digest Several financial institutions and market analysts are now projecting the US Federal Reserve, the countrys central bank, will slash interest rates from the current target rate of 4.25%-4.5% at least twice in 2025. The banking forecasts followed a weak August jobs report that saw only 22,000 jobs added for the month, versus expectations of about 75,000. Analysts at Bank of America, a banking and financial services company, reversed their long-held stance of no rate cuts in 2025 and are now projecting two 25 basis point (BPS) cuts one in September and another in December according to Bloomberg. Read more

Elon Musk’s attorney will chair a company that aims to raise $200 million to invest in DOGE, Ether ETFs cross $13.7 billion: Hodler’s Digest Ether spot exchange-traded funds (ETFs) have seen steady growth since their US debut in July 2024, while corporate treasuries tied to the token are also on the rise. Inflows into Ether funds climbed 44% this month, rising from $9.5 billion on Aug. 1 to $13.7 billion on Aug. 28, according to cryptocurrency research platform SoSoValue. Market participants say renewed institutional demand is fueling the momentum. After an extended period of underperformance relative to Bitcoin and a souring investor sentiment, Ethereum has recently experienced a significant revival in the recognition of both its adoption rate and value proposition, Sygnum Chief Investment Officer Fabian Dori told Cointelegraph. Read more

Elon Musk’s attorney will chair a company that aims to raise $200 million to invest in DOGE, Ether ETFs cross $13.7 billion: Hodler’s Digest Ether spot exchange-traded funds (ETFs) have seen steady growth since their US debut in July 2024, while corporate treasuries tied to the token are also on the rise. Inflows into Ether funds climbed 44% this month, rising from $9.5 billion on Aug. 1 to $13.7 billion on Aug. 28, according to cryptocurrency research platform SoSoValue. Market participants say renewed institutional demand is fueling the momentum. After an extended period of underperformance relative to Bitcoin and a souring investor sentiment, Ethereum has recently experienced a significant revival in the recognition of both its adoption rate and value proposition, Sygnum Chief Investment Officer Fabian Dori told Cointelegraph. Read more

All eyes are on Ether as it hits new highs for the first time since 2021, while Coinbase ramps up workplace security: Hodler’s Digest The total US dollar-pegged stablecoin market is projected to swell to $1.2 trillion by 2028, spurred on by comprehensive crypto regulations in the United States, according to crypto exchange Coinbase. Coinbase said the projections mean the US Treasury issuance would have to be $5.3 billion per week over the next three years to satisfy demand from stablecoin issuers, who use short-term US Treasury bills as backing collateral for their digital fiat tokens. This issuance schedule would cause a minor and temporary drop in three-month Treasury yields of about 4.5 basis points, contrary to analyst predictions that demand from stablecoin issuers will significantly reduce the interest on US government debt. Coinbase wrote in a market report: Read more

All eyes are on Ether as it hits new highs for the first time since 2021, while Coinbase ramps up workplace security: Hodler’s Digest The total US dollar-pegged stablecoin market is projected to swell to $1.2 trillion by 2028, spurred on by comprehensive crypto regulations in the United States, according to crypto exchange Coinbase. Coinbase said the projections mean the US Treasury issuance would have to be $5.3 billion per week over the next three years to satisfy demand from stablecoin issuers, who use short-term US Treasury bills as backing collateral for their digital fiat tokens. This issuance schedule would cause a minor and temporary drop in three-month Treasury yields of about 4.5 basis points, contrary to analyst predictions that demand from stablecoin issuers will significantly reduce the interest on US government debt. Coinbase wrote in a market report: Read more

Ether eyes $6,000 as exchange supply falls; Justin Sun sues Bloomberg, seeks temporary restraining order: Hodler’s Digest SharpLink Gaming, an online gaming company with the second-largest corporate Ether treasury, announced a net loss of $103 million for the second quarter of 2025, driven by a paper loss from accounting for liquid staked Ether (LsETH). The loss marks a steep drop from a $500,000 loss in the same period of 2024 a year-over-year change of -25,980%. According to a Friday announcement, SharpLink now holds 728,804 Ether worth approximately $3.5 billion at this writing. The only publicly traded company with more ETH is BitMine Immersion Technologies, which holds a little more than 1.15 million ETH worth approximately $5.1 billion. Of SharpLinks Q2 loss, $87.8 million or 85% is related to the companys LsETH. A SharpLink representative told Cointelegraph that the company still has all its LsETH and that the impairment reflects accounting rules, not a sale or loss of ETH. Read more

Ether eyes $6,000 as exchange supply falls; Justin Sun sues Bloomberg, seeks temporary restraining order: Hodler’s Digest Justin Sun, founder of the Tron blockchain, has sued Bloomberg and sought a temporary restraining order, alleging it published false and private financial information in its billionaires list. Suns representatives said on Tuesday in a blog post by Tron that his profile on the Bloomberg Billionaires Index released on Monday had published inaccurate data that dramatically and dangerously misrepresents Mr. Suns assets. Sun sued Bloomberg in a Delaware federal court on Monday, asking a judge to stop it from publishing the information, claiming the action was to prevent the outlet from recklessly and improperly disclosing his highly confidential, sensitive, private, and proprietary financial information. Read more

Changpeng Zhao asks the court to dismiss a lawsuit by FTX, Tom Lee says $250,000 is still in sight for BTC this year: Hodler’s Digest Crypto investors may be underestimating the extent of the US securities regulators new stance on crypto, meaning that crypto prices would still have room to grow, according to Bitwise chief investment officer Matt Hougan.  US Securities and Exchange Commission Chair Paul Atkins published a speech he gave on July 31 at the America First Policy Institute about how blockchain will be integrated into the financial markets. Hougan on Tuesday said the speech caught him off guard and left him wondering whether Atkins vision had been priced into the market.  Read more

Can Dogecoin reclaim the key level of $0.25? Ripple CEO has confirmed the company is applying for a US banking license: Hodler’s Digest Ripple CEO Brad Garlinghouse confirmed on X on Wednesday that the company is applying for a license with the US Office of the Comptroller of the Currency (OCC), following an earlier report by The Wall Street Journal. True to our long-standing compliance roots, Ripple is applying for a national bank charter from the OCC, he wrote.  Garlinghouse said if the license is approved, it would be a new (and unique!) benchmark for trust in the stablecoin market as the firm would be under federal and state oversight with the New York Department of Financial Services already regulating its Ripple USD stablecoin. Read more

XRP jumped just hours after the company said it is dropping its SEC cross-appeal, Anthony Pompliano makes large Bitcoin buy: Hodler’s Digest XRPs price jumped over 3% on Friday, just hours after Ripple Labs CEO Brad Garlinghouse said the company is dropping its cross-appeal against the US Securities and Exchange Commission (SEC) and expects the regulator to do the same. Ripple is dropping our cross-appeal, and the SEC is expected to drop their appeal, as theyve previously said, Garlinghouse said in an X post on Friday. XRP, the cryptocurrency associated with Ripple Labs, spiked 3.36% to $2.18 just five hours after the post, according to CoinMarketCap data. Were closing this chapter once and for all and focusing on whats most important building the internet of Value. Lock in, Garlinghouse added. Read more

A Bitcoin technical analyst says the historical Bitcoin trend signals $330K BTC price, US crypto ETF predictions: Hodler’s Digest The likelihood of US regulators approving a wave of crypto exchange-traded funds (ETFs) is now a near certainty, signaling a continued pro-crypto shift at the Securities and Exchange Commission (SEC), according to Bloomberg analysts Erich Balchunas and James Seyffart. In a social media post on Friday, Seffart said he and Balchunas have raised their odds for the vast majority of crypto ETF approvals to 90% or higher, citing very positive engagement from the SEC. The analysts also suggested that the SEC likely views cryptocurrencies such as Litecoin, Solana, XRP and Dogecoin as commodities a designation that would place them outside of its immediate jurisdiction. Read more

A trader forecasts Bitcoin may reach $119,000 if oil price pattern holds, SharpLink Gaming has acquired $463 million Ether: Hodler’s Digest Cryptocurrency entrepreneur Anthony Pompliano is reportedly in talks to launch a new Bitcoin-buying vehicle that will seek to raise $750 million. Pompliano is expected to become CEO of ProCapBTC, a special purpose acquisition company that is set to merge with the publicly traded blank check vehicle Columbus Circle Capital 1, the Financial Times reported on Friday. Under Pomplianos leadership, which is still under discussion, ProCapBTC would seek to raise $500 million in equity and $250 million in convertible debt as part of a merger with Columbus Circle Capital 1, backed by the Cohen&Company investment bank. Read more

Metaplanet plans to own 100,000 Bitcoin by the end of 2026, James Wynn lost $25 million in a Bitcoin bet: Hodler’s Digest Metaplanet, also known as Japans Strategy, has updated its Bitcoin acquisition plans to acquiring 100,000 BTC by the end of 2026. Metaplanet on June 6 posted its new Bitcoin plan, increasing its previous target of 21,000 BTC. Our previous target to hold 21,000 BTC by the end of 2026 has now been dramatically revised upward. We now aim to hold 100,000 BTC by that time, Metaplanet CEO Simon Gerovich said in an announcement posted on X. Read more

Analysts anticipate a clear breakout for Bitcoin, GameStop makes its first move with the purchase of 4,710 Bitcoins: Hodler’s Digest GameStop, the US video game and consumer electronics retailer, has confirmed its first Bitcoin investment, acquiring 4,710 Bitcoin, according to a statement posted May 28 on the companys X account. The company did not specify how much it paid for the Bitcoin or when the purchases were made in the announcement, while its Form 8-K filing with the US Securities and Exchange Commission also offers little detail. The amount purchased was worth around $513 million at the time of writing. The announced acquisition is GameStop’s first publicly acknowledged Bitcoin purchase since the company disclosed plans to move into Bitcoin investment in March. Read more

Bitcoin traders are eyeing a gradual pullback after all-time highs, CZ refutes WSJ claim of ties to World Liberty Financial: Hodler’s Digest Binance co-founder and former CEO Changpeng CZ Zhao has pushed back against a report in The Wall Street Journal, calling it a hit piece filled with inaccuracies and negative assumptions.  In an X post, Zhao criticized the publications portrayal of his alleged involvement with World Liberty Financial, the decentralized finance project backed by a business entity affiliated with US President Donald Trump. Trumps sons Eric and Donald Jr. are involved in the management of the company. Zhao said the WSJ article portrayed him as acting as a fixer for the World Liberty Financial team and its co-founder Zach Witkoff during foreign trips. Read more

Arthur Hayes predicts Bitcoin could reach $1 million by 2028, an analyst says altcoins “powerful rally” looms: Hodler’s Digest Bitcoin has two strong tailwinds that will help propel it to seven digits in a few years, according to former BitMEX CEO Arthur Hayes. For Hayes, shifting capital controls worldwide and US Treasury devaluation means that Bitcoin will become the go-to safety net for investors everywhere. He summarized: Read more