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SpaceX Bitcoin Stake Tops $1 Billion; BTC Slides After Treasury Comment

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SpaceX’s remaining Bitcoin holding climbed above $1 billion when Bitcoin hit fresh highs, but the rally cooled after a statement from the US Treasury. Related Reading: Altcoin Interest Hits New Highs Amid Bitcoin Weakening: Google Trends According to Arkham Intelligence data reported by multiple outlets, the aerospace firm holds 8,285 BTC, worth about $1 billion […]
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$50M Deal: Trump’s Thumzup Media Partners With Coinbase To Expand XRP Holdings

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According to Thumzup Media’s filing and press release, the Nasdaq-listed company completed a $50 million secondary offering at $10 per share to fund crypto mining and expand a multi-asset treasury. Related Reading: ‘Crypto Mom’ Tells Industry: SEC Acting Now, Not Waiting On Congress The company said it will buy mining rigs and add assets such […]
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Justin Sun Vs Bloomberg: Clash Escalates Over TRON Founder’s Crypto Holdings

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Justin Sun, the controversial crypto billionaire and founder of the Tron (TRX) blockchain, has ignited a new legal dispute by filing a lawsuit against media company giant Bloomberg on Monday.  The lawsuit, submitted in Delaware, accuses Bloomberg of “improperly” disclosing sensitive financial information about Sun’s cryptocurrency holdings in a recent article, which he claims could […]
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BNB Surges on $2B Investment: Analysts Debate If $1,000 Target Is Within Reach

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Binance Coin (BNB) has hit fresh record territory after Abu Dhabi-based MGX announced a historic $2 billion investment in Binance on August 12. Related Reading: Bitcoin Spam Could Undermine 21 Million Cap, Warns Satoshi Action Fund CEO The deal, entirely funded in stablecoins, marks the largest single investment ever made in a cryptocurrency company. Within […]
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Analysts Call Ethereum a Strategic Buy as ETF Inflows Soar and Price Nears Breakout Zone

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Ethereum (ETH) is closing in on its 2021 all-time high as institutional demand surges, fueled by record-breaking inflows into U.S. spot Ethereum exchange-traded funds (ETFs). Related Reading: XRP ETF Launch Is Inevitable: Ripple CEO Predicts Trading Could Begin Soon On Wednesday alone, Ethereum ETFs pulled in $729.1 million, their second-largest daily inflow since launch, with […]
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Bitcoin Tops US Crypto Payments, Stablecoins Rule Asia: Report

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A new report from CoinGate has revealed how Bitcoin and other cryptocurrencies compare in payments usage across the world. USDT Most Used Crypto On CoinGate Overall, Bitcoin Second Cryptocurrency payments processor CoinGate has shared new data breaking down digital asset payments preferences around the world. First, below is a table showing how the composition of […]
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Ethereum Holds Strong as Price Absorbs Market Maker–Induced Volatility

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Ethereum is on the verge of rewriting history, trading near $4,792 — its highest level since November 2021 and just shy of its all-time high (ATH) around $4,860. The recent surge has cemented bullish control over the market, with buyers steadily pushing prices higher after weeks of strong momentum. However, many analysts are cautious, noting […]