Crypto

The U.S. Commerce Department has outlined plans to place GDP and other economic statistics onto blockchain to strengthen transparency and prevent tampering. The step follows H.R. 1664 and wider policy initiatives under the Trump administration to expand blockchain adoption in federal operations. The post US to Publish Official Statistics on the Blockchain – Why It Matters Now appeared first on Cryptonews.

ChatGPT's XRP Analysis has assessed XRP at $2.9293 (-2.48%) during consolidation as a Gemini–Mastercard XRP credit card has been activated and Gemini has moved above Coinbase in US iOS rankings. EMAs are mixed around $2.95–$3.02, RSI sits at 46, and MACD has stayed mildly bearish. The post ChatGPT’s XRP Analysis Reveals $2.93 Consolidation as Gemini-Mastercard Launch Meets Technical Uncertainty appeared first on Cryptonews.

The price of Ethereum fell by more than 10% following its very recent all-time high. Prediction market data suggests it wasn't enough to scare away the bulls.

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 Bitcoin mining sites in Texas, Louisiana and Illinois, adding 1.5 gigawatts of capacity as US miners tighten their grip on the global hash rate. According to a Tuesday announcement, the expansion is aimed at broadening the company's geographic footprint and target markets where “energy demand [is] rising most rapidly.” Hut 8 shares on Nasdaq soared as much as 10.5% on Tuesday following the announcement, according to Google Finance. The company said its current 1 gigawatt capacity has been 90% taken up. Read more

Each token inscribed on Bitcoin links to a physical gold bar stored in a Brinks vault, tied via its unique serial number.

MetaMask introduced a social login feature on Aug. 26, allowing users to create and manage crypto wallets using Google or Apple accounts. According to the announcement, the initiative aims to eliminate the complexity of traditional 12-word seed phrases in its latest crypto adoption initiative. The self-custodial wallet service streamlined wallet creation into two steps: signing […] The post MetaMask launches social login feature using Google and Apple accounts for wallet access appeared first on CryptoSlate.

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 begin publishing economic statistics, including gross domestic product (GDP) data, on the blockchain. Lutnick made the announcement during a White House cabinet meeting on Tuesday, describing the effort as a move to expand blockchain-based data distribution across government agencies. Speaking to US President Donald Trump and other government officials, he said: Lutnick said the initiative will begin with GDP figures and could expand across federal departments after the Commerce Department finishes “ironing out all of the details” for the implementation. Read more

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: SOL struggles to sustain $200 as onchain activity weakens and leveraged demand remains subdued. A spot ETF approval and institutional support could lift SOL, but current fundamentals suggest limited rally potential. Read more

Commerce Secretary Howard Lutnick announced the Department of Commerce will begin issuing GDP and other economic statistics on blockchain during a White House cabinet meeting on Aug. 26. Positioning the technology as a government-wide data distribution tool, Lutnick told President Donald Trump: “The Department of Commerce is going to start issuing its statistics on the […] The post Commerce Secretary Lutnick announces plans to issue US GDP statistics on blockchain appeared first on CryptoSlate.

Ethereum ETFs are rebounding quickly in flows due to support from institutional accumulation and ETH treasury companies.

The president’s son, who already serves as an advisor to rival Kalshi, is joining the firm’s advisory board.

Cloudflare rolled out AI oversight into its enterprise security platform, giving IT teams instant visibility into who’s chatting with AI—and what they’re secretly feeding it.

The investment bank said crypto exchanges could list WLFI at a high fully-diluted valuation.

From the ultra-slim iPhone 17 Air to an AI-powered Siri and new Apple Watch models, the gossip blogs have placed their bets ahead of Apple's fall keynote.

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 risk is rising with Binance’s ELR at record highs. $1.65 billion in stablecoin inflows and 208,000 ETH withdrawals show strong accumulation. Read more

The Commerce Secretary did not clarify which blockchain the federal government plans to use—or for what purpose, exactly.

Standard Chartered said Ethereum (ETH) and the companies holding it in their treasuries remain undervalued, even as the second-largest crypto surged to a record $4,955 on Aug. 25. Geoffrey Kendrick, the bank’s head of crypto research, said treasury firms and exchange-traded funds have absorbed nearly 5% of all Ethereum in circulation since June. Treasury companies […] The post StanChart says Ethereum treasury companies are undervalued, revises ETH forecast to $7,500 by year-end appeared first on CryptoSlate.

Solana, dogecoin, and ether also rallied, while CME crypto futures hit $30B in open interest, signaling growing institutional demand.

The fund, if approved, would be the first in the U.S. to offer complete and direct exposure to the president’s volatile meme coin.

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 in stablecoins, a large inflow often seen as a precursor to renewed demand for spot cryptocurrencies following the recent market sell-off. The deposit coincided with nearly $1 billion in Ether (ETH) withdrawals from Binance, according to onchain analytics provider CryptoQuant. It also marked the second time this month that net stablecoin deposits on the exchange exceeded $1.5 billion, “underscoring a renewed wave of capital entering the spot market,” wrote CryptoQuant’s Amr Taha. Binance, the world’s largest cryptocurrency exchange by trading volume, is closely watched for signs of broader market shifts. On Tuesday, it processed more than $29.5 billion in trades, nearly six times the volume handled by runner-up Bybit, according to CoinMarketCap. Read more