Crypto

South Korean traders poured $259 million into Ether-hoarding firm BitMine in July, making it the country’s most-purchased overseas stock. South Korean retail investors are pivoting away from Big Tech stocks in the United States into high-risk, high-reward crypto-linked equities.  A Yonhap News Agency report citing data from the Korean Center for International Finance (KCIF) said the percentage of crypto-linked stocks in the top 50 net-bought stocks by South Korean investors rose from 8.5% in January to 36.5% in June before declining to 31.5% in July.  The report added that net purchases of the top US Big Tech companies dropped to $260 million in July, down 84% from a monthly average of $1.68 billion between January and April.  Read more

The latest acquisition is much smaller than the previous ones.

The detained dev described himself as an infrastructure builder with transparent global operations.

Bitcoin has maintained a strong bullish market structure, recently finding solid support and rallying impulsively. However, the price is now testing its all-time high near $123K, a zone that could temporarily slow the advance. Bitcoin Price Analysis: Technicals By Shayan The Daily Chart Bitcoin continues to trade within a well-defined ascending price channel, printing consistent […]

Roughly $13 million has reached global VASPs, while $18.8 million sits idle in unattributed wallets — likely to slow detection and await more favorable movement conditions.

Wozniak was impersonated by scammers on YouTube more than five years ago and has struggled to get justice for victims.

The acquisition comes shortly after the firm closed a $500 million private placement led by 10X Capital and YZi Labs.

The collaboration adds ICE’s market data to Chainlink Data Streams, aiming to support tokenized asset markets.

And I'm not talking about price action, although that's pretty hot too.

Chainlink has partnered with NYSE-parent Intercontinental Exchange to integrate forex and precious metals data from ICE’s Consolidated Feed into Chainlink Data Streams. Blockchain oracle platform Chainlink partnered with the US-based Fortune 500 company Intercontinental Exchange (ICE) to bring foreign exchange and precious metals data onchain.  Chainlink announced Monday that the collaboration will bring ICE’s Consolidated Feed, which aggregates market data from over 300 global exchanges and marketplaces, to the derived data sets that power Chainlink Data Streams.  According to Chainlink, these feeds support over 2,000 decentralized applications (DApps) and major financial institutions to provide market information necessary to operate in tokenized environments.  Read more

Five years after going all-in on bitcoin, Strategy’s aggressive treasury strategy delivers outsized gains and reshapes corporate bitcoin adoption.

Michael Saylor’s Strategy added another $18 million in Bitcoin last week to mark the fifth anniversary of its BTC buying strategy, bringing its total holdings to 628,946 BTC. Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, made its first BTC purchases in August, marking five years since adopting Bitcoin as a treasury asset. Strategy acquired 155 Bitcoin (BTC) for $18 million during the week ending Sunday, according to a US Securities and Exchange Commission filing on Monday. Strategy’s new Bitcoin purchases were made at an average price of $116,401 per coin, with BTC starting the week at $114,000 and nearing all-time highs around $122,000 by Sunday, according to CoinGecko. Read more

Tether and Rumble have offered to acquire all shares of AI infrastructure operator Northern Data in a $1.17 billion deal that would make Tether Rumble’s top shareholder. Tether and Rumble proposed to jointly acquire all Northern Data shares, taking full control of the artificial intelligence infrastructure company. According to a Monday Rumble announcement, the deal would build on Northern Data’s existing AI and high-performance computing (HPC) operations. Tether, the issuer of the USDt (USDT) stablecoin and already Northern Data’s largest shareholder, would support the transaction. Tether has hinted at future collaborations involving AI, peer-to-peer communications and data storage solutions. Tether is the centerpiece connecting every company involved in the potential deal, with the firm investing $775 million in the anti-censorship YouTube alternative Rumble at the end of 2024. The two firms deepened their collaboration in May, when Rumble announced its USDT-supporting Bitcoin (BTC) and stablecoin wallet. R...

Senator Elizabeth Warren warned that industry-written bills lack safeguards against corruption, illicit use, and economic risks.

Bitcoin’s corporate adoption is increasingly resembling the “nationalization path” of gold leading up to 1971, presenting a new centralization concern, according to Willy Woo. Corporate crypto treasuries have surged past $100 billion, raising concerns among analysts that the United States may one day nationalize some of these holdings in a move reminiscent of the gold standard era. Corporate crypto treasuries have surpassed $100 billion of digital asset holdings, with Bitcoin (BTC) treasury firms amassing 791,662 BTC worth roughly $95 billion by the end of July, representing around 3.98% of the circulating supply. The growing corporate holdings may present a new centralized point of vulnerability for Bitcoin, which may see the world’s first cryptocurrency follow the same “nationalization path” as gold in 1971, according to crypto analyst Willy Woo. Read more

Ghost chains refer to blockchain projects with little to no real activity, adoption or developer engagement. Ghost chains are blockchains that are technically operational but have little to no real-world usage, development, or community engagement. Common warning signs include stagnant developer activity, low transaction volume, inactive communities, and exchange delistings. Even well-funded or corporate-backed projects like Diem, KodakCoin, and Luna can fail if adoption and ecosystem growth stall. Read more

Bitcoin has a new dip target as the week begins with BTC price action targeting all-time highs. Will bulls end up defending $117,000? Bitcoin (BTC) starts a new week in an exciting place as price action knocks on new all-time highs. Bitcoin surges to $122,000, the latest sign that price discovery is around the corner. Dip discussions focus on the weekend’s CME gap, which offered $117,000 as a retracement target. Read more

The tech giant has rebuffed stories published on Chinese social media linking it to rare earth-backed coins.

Corporate Ether holdings surged to $13 billion as ETH’s price broke $4,300, with BitMine, SharpLink and The Ether Machine leading the charge. The total Ether held by companies with crypto treasuries has risen to 3.04 million ETH, worth $13 billion, as the cryptocurrency’s price surged past $4,300. On Monday, Ether (ETH) climbed to $4,332, surging by 20.4% in the last seven days, according to CoinGecko. At the time of writing, ETH had dropped slightly and was sitting at $4,290. The ETH rally is fueled by companies increasing their holdings in the last 30 days.  BitMine Immersion Technologies, which tops the list of ETH treasury holders, boosted its holdings to 833,100 ETH, a 410.68% jump in the amount of ETH it holds over the past 30 days. Read more

Ether ETPs continued to lead the market last week, attracting the biggest inflows among other crypto assets at almost $270 billion. Cryptocurrency investment products posted gains last week, rebounding after the previous week had ended a record 15-week inflow streak totaling $27.8 billion. Global crypto exchange-traded products (ETPs) saw $572 million of inflows during the trading week ending Friday, the European crypto asset manager CoinShares reported on Monday. The inflows came amid Bitcoin (BTC) and Ether (ETH) prices recovering last week, with ETH reaching a psychological mark of $4,000 for the first time since December 2024. Read more