Author: WebDesk

American Bitcoin Corp. (ABTC), a majority-owned subsidiary of Hut 8 Corp., has added 1,726 bitcoin to its holdings, expanding its strategic reserve as part of a summer acquisition push. Trump-Linked ABTC Grows Bitcoin Stash Past $250M Mark Hut 8 disclosed in its quarterly filing that the purchases occurred between July 1 and Aug. 6 at […] Credit: Source link

Join Our Telegram channel to stay up to date on breaking news coverage US banks are urging Congress to close a stablecoin yield “loophole” that they warn could drain up to $6.6 trillion in deposits from the traditional banking system, potentially destabilizing credit flows to American businesses and households. The Bank Policy Institute (BPI), as well as the American Bankers Association, Consumer Bankers Association, the Financial Services Forum, and the Independent Community Banks of America all voiced their concerns in a letter to Congress yesterday. They expressed concerns about the current wording in the Guiding and Establishing National Innovation for…

The crypto market is heating up again, and Solana is back in the spotlight. After weeks of lagging behind Ethereum and other major altcoins, SOL has surged over 15% in the past 24 hours, reclaiming the $200 level for the first time since late July. Traders are asking the big question — is this the start of another Solana breakout, or just a short-term pump?A Key Psychological LevelBreaking $200 is more than just a number. It’s a key psychological and technical milestone for Solana. According to Kronos Research CIO Vincent Liu, clearing this threshold can attract fresh buyers and boost…

Join Our Telegram channel to stay up to date on breaking news coverage Tom Lee’s BitMine is seeking to raise $20 billion through an expanded stock offering to buy Ethereum, aiming to become ETH’s Michael Saylor with the largest corporate acquisition of the asset to date. According to a filing on Tuesday, BitMine has expanded its at-the-market (ATM) stock offering, which allows it to sell shares gradually at prevailing market prices, from about $4.9 billion to $24.5 billion, a fivefold increase, with all proceeds expected to go toward ETH purchases. BitMine stock surged almost 6% on the news yesterday and…

Join Our Telegram channel to stay up to date on breaking news coverage The cryptocurrency market is roaring back to life, with OKB leading the charge after soaring more than 136% in the past 24 hours. Solana, Ethereum, and Dogecoin also posted impressive gains as bullish momentum envelopes the sector. OKB surged from $44.50 to $107.86 in just 24 hours after a major token burn slashed its circulating supply by 52%. Solana (SOL) jumped 13.6% to $201.8 on strong DeFi growth and rising institutional demand, while Ethereum (ETH) climbed 6.9% to $4,703.91, nearing its all-time high on bullish momentum. Dogecoin…

Over the past 24 hours, Ethereum traders have endured $296.55 million in liquidations as market volatility surged. Sharp price movements triggered the forced closure of leveraged positions across major exchanges. Short positions were hit the hardest, with rising prices intensifying losses for bearish traders. This spike in liquidations signals increased speculative activity and highlights the risks of heavy leverage during rapid market swings. Credit: Source link

Shiba Inu has been living on the edge lately, trying hard to jump and scale to new highs. With all the market chaos that the token is currently a part of, this particular year can truly be a defining year for SHIB for a very special reason. Shiba Inu is the only meme coin that is actively exploring the stablecoin domain. The token is looking forward to launching the SHI stablecoin, a development that could significantly turn the tables around for SHIB. Will “this” iconic development help Shiba Inu scale past its earlier ATH? Let’s find out.Also Read: Shiba Inu’s…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Blockchain Futurist Conference lands in Miami, Florida, on November 5–6, 2025. And it’s set to bring crypto heavyweights like TRON’s Justin Sun and BitGo’s Mike Belshe to the stage. Taking place at the DAER Dayclub and Hard Rock Guitar Hotel, this highly anticipated event promises the boldest ideas, innovative talks, and top-tier networking opportunities. With the market heating up and industry bigwigs set to reveal their next big moves, now could be the perfect time to load up on the best crypto to buy – before…

Join Our Telegram channel to stay up to date on breaking news coverage Ethereum surged 8% to close in on its all-time high as US spot ETF inflows and record futures activity fueled a broad crypto market rally. The surge comes amid lower-than-expected US inflation data yesterday, which boosted risk-on sentiment and raised expectations for future interest rate cuts. Treasury Secretary Scott Bessent called for a 50 basis point rate cut next month and President Donald Trump ramped up pressure on Federal Reserve Chair Jerome Powell, saying he may sue him over construction work on the Fed building. Ethereum is…

Jessie A Ellis Aug 13, 2025 09:31 A16z crypto proposes a safe harbor for blockchain apps to avoid misclassification as brokers, urging the SEC to clarify regulatory guidelines for decentralized finance and NFT interfaces. The U.S. Securities and Exchange Commission (SEC) is being urged to establish a safe harbor for blockchain applications, which are currently facing regulatory ambiguity that could stifle innovation. According to a16z crypto, a prominent venture capital firm, the proposed safe harbor would ensure that non-custodial, non-discretionary decentralized finance (DeFi) and non-fungible token (NFT) interfaces are not mistakenly classified as…