Author: WebDesk

Shiba Inu’s daily trading volume is declining rapidly and making things worse to investors. SHIB is among the least-performing cryptocurrencies in the market this year, with no price spurts in the charts. Its value is relentlessly dipping, leaving traders in a haze as their investments are not rising as planned. They took an entry position when the markets screamed ‘to the moon’, but their portfolio has crashed to earth.The latest SHIB data from Coingecko shows that Shiba Inu’s daily trading volume has declined by 36% over the previous day. The trading activity has reached $134.6 million and is relatively low…

Join Our Telegram channel to stay up to date on breaking news coverage Roman Storm and his legal team will fight to get him “fully vindicated” after a Manhattan jury found the Tornado Cash developer guilty of conspiring to operate an unlicensed money transmitting business. The jury deliberated for four days after a three-week trial, but was unable to reach a unanimous verdict on the remaining charges against Storm. These charges were conspiracy to commit money laundering and conspiracy to violate international sanctions.  “We are grateful the jury did not convict Roman for violating sanctions or laundering money,” said Storm’s…

XRP is hovering between the $2.90-$3 mark in August and remains trading sideways, struggling below its key support. After reaching an all-time high of $3.65, the altcoin headed south with sell-offs and profit bookings. Its price remains under pressure with traders fearing a major drop due to market uncertainties. It could either wipe out all its yearly gains or skyrocket in the charts, but its next course remains unknown.Source: X / CasiTradesCryptocurrency analyst Casitrades took to X sharing a chart highlighting that XRP could reach the $4.80 level with key support. The analyst claims that the altcoin could fall to…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitwise CIO Matt Hougan weighed in on the Securities and Exchange Commission (SEC) Chair’s recent speech announcing the regulator’s new initiative to develop the digital crypto industry. Project Crypto, The ‘Most Bullish’ Document On Tuesday, Bitwise CIO Matt Hougan discussed the SEC Chair’s recent speech, titled “American Leadership in the Digital Finance Revolution.” In a memo to clients, Hougan affirmed that “the most bullish document (…) on crypto wasn’t written by some Yahoo on Twitter. It was written by the chairman of the SEC.” As reported by…

Ted Hisokawa Aug 07, 2025 04:07 OP trades at $0.67 with 3.89% daily gains following Upbit exchange listing. Technical indicators show mixed signals as price approaches key resistance levels. Quick Take • OP currently trading at $0.67 (+3.89% in 24h) • Optimism’s RSI at 47.85 signals neutral momentum with room for upside • Upbit exchange listing drove 200% volume surge and 10% price jump • Season 8 security enhancements launched but showed minimal price impact What’s Driving Optimism Price Today? The primary catalyst behind today’s OP price movement stems from Optimism’s listing on…

Bitcoin price is attempting to recover above the $114,200 zone. BTC is now consolidating and might attempt to clear the $115,500 resistance zone. Bitcoin started a recovery wave above the $113,500 zone. The price is trading above $114,000 and the 100 hourly Simple moving average. There was a break above a bearish trend line with resistance at $114,300 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $115,500 resistance zone. Bitcoin Price Attempts Recovery Bitcoin price found support near the $112,000 zone and started a recovery wave.…

XRP storms into the spotlight as Galaxy Digital anchors it in a $3.56 billion portfolio, backed by a $97 million Ripple equity stake, signaling massive institutional conviction. XRP Featured in Galaxy’s $3.56B Portfolio Alongside $97M Ripple Equity Position Galaxy Digital Ltd. disclosed in its U.S. Securities and Exchange Commission (SEC) Form 10-Q filed on Aug. […] Credit: Source link

Parataxis Holdings LLC, an investment firm focused on digital assets led by Bitcoin (BTC$, has announced a strategic merger with SilverBox Corp. IV (NYSE: SBXD). The merger between Parataxis and SilverBox will yield a new entity dubbed Parataxis Holdings Inc. (NYSE: PRTX), which will solely focus on Bitcoin accumulation for its treasury management.The strategic merger will provide the newly formed entity with up to $640 million in gross proceeds to support its Bitcoin accumulation bid. To begin with, the entity has $31 million to purchase Bitcoins immediately and the right to sell up to $400 million in equity.“Following the Closing…

Today in the Southern District of New York (SDNY), Tornado Cash co-founder Roman Storm was found guilty of the second count on his indictment, conspiracy to operate an unlicensed money transmitting business. The Tornado Cash trial has concluded.Roman Storm has been found guilty of the conspiracy to operate an unlicensed MTB charge.Here are my thoughts on the outcome, the government’s (rejected) motion to remand Storm, and what comes next. pic.twitter.com/T41TtEL9Kh— Frank Corva (@frankcorva) August 6, 2025 The jury did not come to a unanimous verdict on the other two counts — conspiracy to commit money laundering and conspiracy to violate…

Bakkt plans to convert a traditional Japanese firm into a Bitcoin investment vehicle. Marusho Hotta, a little-known Tokyo Stock Exchange company, is set for a radical makeover as Bakkt takes a 30% stake, installs its own CEO, and rebrands it as bitcoin.jp. Summary Bakkt will acquire a 30% stake in Tokyo-listed Marusho Hotta, installing its president as CEO and rebranding the firm to bitcoin.jp. The deal transforms Marusho Hotta into a Bitcoin-focused treasury entity, marking Bakkt’s shift from infrastructure to asset holding. The move follows financial struggles and past failed acquisition talks, highlighting Bakkt’s urgent bid to remain viable. On…