Crypto

Cronos is surging in price, hitting a three-year high after President Trump's media company said it would build a CRO treasury.

Numeraire jumps 90% after Numerai links JPMorgan to $500 million hedge fund capacity investment.

Proceeds from the $5 billion ATM program will fund Bitcoin purchases, acquisitions, capital expenditures, and investments in new or existing operations.

Bitcoin (BTC) trades in a precarious position near $112,000, caught between key technical levels that could determine its next major directional move following a pullback from the $124,000 all-time high reached two weeks ago. According to an Aug. 27 report by Glassnode, BTC faces immediate resistance at $113,700, which aligns with the three-month cost basis […] The post Bitcoin faces critical resistance at $113,700, breakdown below $107k threatens return to 5 figures appeared first on CryptoSlate.

Treasury Secretary Scott Bessent has said 11 candidates for the next Fed chair will interview after Labor Day, with Trump reviewing a shortlist as markets weigh Powell’s labor-market warning and rising odds of a September cut. The post Jerome Powell’s Fed Chair Replacement Imminent? PolyMarket Odds Skyrocket as Trump Team Weighs 11 Candidates appeared first on Cryptonews.

A plan to halve Tron’s energy costs is winning strong support ahead of Friday’s deadline, with backers betting lower fees will expand adoption. A GitHub proposal to realign the Tron blockchain’s fee structure with broader adoption goals is gaining traction ahead of Friday’s voting deadline, signaling that network stakeholders are prioritizing accessibility — even at the risk of introducing net inflation in TRX supply. The proposal, titled “Decrease the transaction fees” (Issue #789), was submitted on Aug. 8 by GitHub user GrothenDI in the Tron Improvement Proposals repository.  It calls for reducing the energy unit price to 100 sun from 210 sun, effectively halving the cost of transactions that consume energy. One TRON (TRX) token equals 1,000,000 sun — the smallest divisible unit of TRX, similar to a satoshi for Bitcoin (BTC). Read more

BNB Chain reportedly offers between 1.5% and 3% yield for staking its native token BNB, which may sweeten the pot for investors. REX Shares and Osprey Funds (REX-Osprey) have filed with the US Securities and Exchange Commission for a BNB exchange-traded fund (ETF) featuring staking yield. The filing comes as asset managers step up their push into crypto ETFs and yield-generating strategies. According to the filing, the REX-Osprey BNB + Staking ETF would allocate at least 80% of its capital to BNB (BNB), the native token of the Binance ecosystem, or gain exposure to the asset through a Cayman Islands subsidiary. The remaining assets could be invested in other ETFs or exchange-traded products offering additional BNB exposure. BNB staked on the Binance Chain, which uses a proof-of-staked-authority consensus, is estimated to generate annual yields of 1.5% to 3% for the network's validators. Read more

The sanctions implicate entities first targeted by the Biden administration for their role in stealing crypto from American companies via elaborate scams.

Bitcoin and other cryptos showed some volatility, but were mostly flat in the minutes following the report.

Digital bank VersaBank unveiled plans to expands its blockchain-based Digital Deposit Receipts to the U.S. with regulatory oversight in focus.

Murad Mahmudov, known for coining the ‘meme supercycle,’ has maintained that SPX6900 could one day surpass Bitcoin. Now its cousin TOKEN6900 has been cast as Ethereum’s rival, as both tokens continue to grow cult followings fueled by belief and culture rather than traditional utility. The post TOKEN6900 Presale Ending in 24 Hours: Murad Says SPX6900 Will Be Bigger Than Bitcoin, While It Takes Aim at Ethereum appeared first on Cryptonews.

Allmight’s Kevin Ricoy blasted the Solana Foundation, calling it elitist and urging a shutdown date to redirect funds to grassroots builders.

Institutional investors increased their Ethereum (ETH) exposure via exchange-traded funds (ETFs) by 388,301 ETH in the second quarter, with investment advisors commanding the largest share of adoption across traditional finance sectors. According to data shared by Bloomberg ETF analyst James Seyffart, investment advisor firms control $1.35 billion in Ethereum ETF exposure, representing 539,757 ETH and […] The post Investment advisors drive 388,301 ETH surge in institutional ETF adoption during Q2 appeared first on CryptoSlate.

Could Solana be headed for a new all-time high? Users on the Myriad prediction market are becoming increasingly bullish.

Fundstrat CIO Tom Lee has projected Ethereum’s near-term rise to $5,500 and a year-end target of $12,000. He cites Wall Street’s shift in sentiment after stablecoin legislation, $7.65B ETH treasury holdings, and strong capital inflows, noting Ethereum’s expanding role in traditional finance and crypto markets. The post Tom Lee Predicts Ethereum Rally to $5,500 Soon, $12,000 by Year-End – Is This Realistic? appeared first on Cryptonews.

Ex-PBOC chief Zhou has warned that Stablecoin models can amplify risk through leverage and trading even with full reserves, and has called oversight insufficient. Hong Kong and U.S. rules have addressed custody and issuance, while a study has estimated a one-in-three crisis chance this decade. The post Ex-PBOC Chief Warns of Stablecoin Crisis – Run Risk Echoes TerraUSD’s 2022 Meltdown appeared first on Cryptonews.

KindlyMD has announced a $5B equity offering to strengthen its Bitcoin treasury strategy, following its merger with Nakamoto Holdings. The healthcare firm now ranks among top corporate Bitcoin holders as it shifts from patient services to a dual model combining healthcare operations and crypto reserves. The post KindlyMD Registers $5B Securities Offering to Fund Bitcoin Treasury Strategy appeared first on Cryptonews.

Thailand has introduced tokenized government securities through the G-Token program, a 5bn-baht issuance with KuCoin and partners XSpring Digital, SIX Network, and Krungthai XSpring. The Ministry of Finance has confirmed the bonds are backed by baht reserves and carry guaranteed interest. The post Thailand Taps KuCoin to Launch $153M Government Securities in Tokenized Form appeared first on Cryptonews.

The software targets market abuse such as insider trading and manipulation across equity and crypto markets. The Commodity Futures Trading Commission (CFTC), a US financial regulator, is integrating a financial surveillance tool developed by stock exchange company Nasdaq in a bid to overhaul its 1990s infrastructure. Nasdaq’s software is focused on detecting market abuse, including insider trading activity and market manipulation in equities and crypto markets, Tony Sio, head of regulatory strategy and innovation at Nasdaq, told Cointelegraph. He said: The data fed into the monitoring system will be “sourced by the CFTC through their regulatory powers,” Sio said.  Read more

XRP futures contracts have exploded on CME, having massive implications for the XRP price prediction. The post XRP Price Prediction: XRP Becomes Fastest CME Contract to Hit $1 Billion – Can Institutions Push XRP to $1,000? appeared first on Cryptonews.