Crypto

Major Wall Street institutions, including Wells Fargo, Cantor Fitzgerald, and Jane Street, have sharply increased their Bitcoin-related holdings over the past months. These firms’ portfolio updates on the stock analytics platform Quiver Quantitative reveal they are investing billions in the top crypto via exchange-traded funds and crypto-focused equities like Strategy (formerly MicroStrategy). Bitcoin ETFs allow […] The post Wall Street titans quietly amass billions in Bitcoin ETFs and crypto stocks appeared first on CryptoSlate.

Buyer exhaustion may set the stage for a correction in August before investor capital surges into altcoins, as in previous market cycles. Investor sentiment toward cryptocurrencies surged this week, with growing retail interest in altcoins suggesting Bitcoin’s recent euphoria phase may be nearing an end, according to analysts. The crypto asset sentiment index rose from 0.23 to 0.91 within a week, according to Max Shannon, senior research associate at crypto index fund manager Bitwise. Google searches for altcoins and Ethereum also rose to a multiyear high, reminiscent of prior bear markets, which may signal a growing investor mindshare for altcoins and Ether (ETH), following Bitcoin’s latest all-time high above $124,000. Read more

Crypto ATMs are facing increasing pressure from regulators, including bans at the municipal level. Crypto kiosks or automatic teller machines (ATMs) are facing increasing pushback from US regulators amid concerns about fraud and crime. Once seen as a bellwether of crypto adoption, crypto ATMs, which allow users to buy or convert crypto anonymously, are increasingly under lawmakers’ microscope. Critics and regulators have flagged numerous cases in which the machines are used to commit or facilitate illicit activity. The Federal Bureau of Investigation (FBI) has noted an increasing amount of money related to criminal activity going through crypto ATMs. In 2024, the FBI received nearly 11,000 complaints of fraud cases at crypto kiosks, valuing over $246 million.  Read more

The firm, led by Mike Novogratz, projected its deal with AI cloud firm CoreWeave could generate $1 billion in annual revenue over 15 years.

SEC Chair Paul Atkins appeared on "Mornings With Maria" to discuss his recently announced "Project Crypto.

Critics misunderstand the GENIUS Act’s actual influence. It doesn’t free Bitcoin from taxes but breaks Wall Street’s stranglehold on dollar clearing. Opinion by: Zachary Kelman No, the GENIUS Act doesn’t remove all government control over money. It doesn’t make Bitcoin tax-free. It doesn’t “legalize” decentralized finance (DeFi). And no — it’s not a Trojan horse for a Mark-of-the-Beast-style CBDC, especially with the anti-CBDC provisions passed alongside it. What the GENIUS Act does — and what we should cheer — is break the stranglehold that a handful of powerful banks and regulators have maintained over global dollar clearing for decades. It ends their monopoly on who gets access to clean dollars — and makes their quiet mandate to monitor how that money is used, and whether it aligns with political agendas in Washington or on Wall Street, far more difficult — perhaps even out of reach. Read more

BTC retraced after its all-time high but all eyes are now on today's big meeting.

Galaxy Digital secured $1.4 billion to expand its Texas Helios AI data center, expecting $1 billion in annual revenue from a 15-year CoreWeave partnership. Mike Novogratz’s Galaxy Digital closed a $1.4 billion secured term loan facility to accelerate the development of its Helios artificial intelligence datacenter campus in Texas.  On Friday, the company announced that the loan will cover about 80% of the construction costs for the first phase of the project, with Galaxy Digital contributing $350 million in equity. According to a US Securities and Exchange Commission filing, the loan is secured by all assets of Galaxy Helios I, a subsidiary of Galaxy Digital, and it will mature on Aug. 15, 2028.  The capital will fund the expansion of the Helios AI datacenter to deliver power for AI workloads under a long-term agreement with the Graphics Processing Unit (GPU) cloud provider CoreWeave starting early 2026.  Read more

Cardano (ADA) was also a top performer, rising 3.4% from Thursday.

BONK stabilizes after testing major support, with institutional traders eyeing potential upside from current consolidation zone

Bitcoin and Ether were firm "buy the dip" targets for ETF investors, with reactions celebrating continued institutional demand despite a BTC and ETH price correction. Key points: BlackRock’s Bitcoin and Ether ETFs bought over $1 billion on Thursday while prices tanked 5% or more. Institutions were interested in “buying the dip” on both assets, a reaction says. Read more

The raise will be used to build out their yield infrastructure for traders, protocols, and institutions that are tapped into the Hyperliquid ecosystem.

Prosecutors claim that Ianis Aleksandrovich Antropenko deployed Zeppelin ransomware to attack individuals and organizations worldwide.

The Bank for International Settlements floated a compliance score for crypto-to-fiat off-ramps, using transaction history to flag and potentially freeze “tainted” assets. The Bank for International Settlements (BIS) has proposed a provenance-based risk score system for crypto-to-fiat off-ramps. In its Wednesday BIS Bulletin, the institution outlined “an approach to anti-money laundering compliance for cryptoassets,” recommending that a compliance score be assigned to crypto holdings before they are exchanged for fiat currency. “An AML compliance score based on the likelihood that a particular cryptoasset unit or balance is linked with illicit activity may be referenced at points of contact with the banking system,” the document said. The score would then be used to prevent inflows of illicit funds and encourage a “duty of care” among crypto market participants. Read more

What's next for BTC after this week's ATH and subsequent correction?

Hayes's latest crypto purchase doesn't include BTC but some of the top-trending altcoins.

ETH ETFs continue to see near-record inflows, and Hyperliquid is setting records in volume and fees.

Discover how Ukraine peace talks could impact Bitcoin’s price in 2025. Explore three scenarios (ceasefire, shaky deal or escalation) and their effects on BTC. Peace talks can shift Bitcoin’s price through energy costs, inflation and interest rates. In 2022, Bitcoin fell sharply, then rallied 27% above pre-invasion levels within a month. Spot Bitcoin ETFs now act as a direct channel for macro sentiment. Read more

Czech police have reportedly arrested darknet founder Tomas Jirikovsky in a $45 million Bitcoin bribery case tied to former Justice Minister Pavel Blazek’s resignation. Czech police have reportedly arrested darknet marketplace founder Tomas Jirikovsky in connection with a $45 million Bitcoin donation that prompted the resignation of former Justice Minister Pavel Blazek earlier this year. Czech police intervened in the Bitcoin (BTC) donation case that led to Blazek’s resignation on Thursday. According to Chief State Prosecutor Radim Dragoun, authorities were “securing people and things.” He added, “This is a criminal case that was recently separated by the police authority for independent proceedings from joint proceedings.” Although the statement did not mention any arrests, local reports suggested that police detained Tomas Jirikovsky, a convicted criminal who allegedly paid 468 BTC (worth around $45 million at the time) to the minister to avoid a new prison sentence. Read more

Your day-ahead look for Aug. 15, 2025