Bitcoin dropped under $110K after someone dropped a massive 24,000 BTC on the market. Boom — $550 million in longs were liquidated. It’s still a shaky ride, and everyone’s watching key support zones to see if BTC can recover or if there’s more pain coming. Summary BTC dropped below $110K after a whale dumped 24,000…
Zebec Network has staged a powerful bounce from key support levels, fueling speculation of a rally toward its previous all-time high. With volume influxes rising and bullish momentum intact, the stage is set for a potentially explosive continuation. Summary ZBEC Network has bounced strongly from high timeframe confluence support, reinforcing its bullish structure. A reclaim…
Strategy purchased an additional 3,081 BTC last week, according to an SEC filing. The acquisition, funded via proceeds from equity sales, brings its total holdings to 632,457 Bitcoin, worth over $70 billion at the current market price. Summary Strategy adds 3,081 BTC for $357 million, lifting total holdings to 632,457 BTC worth $70 billion. The…
Is the SEC’s ten-city roadshow evidence of wisdom earned with time, or will startups still see it as a watchdog in disguise? Summary The SEC launched its Crypto Task Force on the Road on Aug. 1, a ten-city tour designed to hear directly from early-stage crypto startups. Roundtables are limited to firms with fewer than…
Ethereum price is on track for its strongest Q3 since the network launched in 2015, gaining 83% so far and fueling forecasts that it could reach as high as $7,500 by year-end. Summary Ethereum price is on track for its strongest Q3 since 2015, already up 83% compared with a historical median of 8.19%. Institutional…
Major banking groups in the United States are pushing to change certain provisions of the recently passed GENIUS stablecoin Act, citing concerns over aspects of the law that could affect the traditional financial industry. Summary U.S. banking groups are lobbying lawmakers to reconsider certain provisions of the GENIUS stablecoin Act. Banks argue that the current…
HKGAI has formed a strategic partnership with FLock.io, appointing it as the centre’s sole decentralised AI training provider to enhance government and public sector efficiency. Summary Under the partnership, FLock.io will leverage federated learning to develop domain-specific AI models, allowing secure collaboration across institutions without centralising sensitive data. The partnership follows HKGAI’s launch of its…
Sharps Technology, once a medical device and pharmaceutical firm, pivots to become a Solana treasury firm. Summary Sharps Technology announced a PIPE deal to buy $400M in Solana A list of major institutions is backing the Sharps Technology deal Firm lauds Solana’s staking yields and strong DeFi ecosystem Solana (SOL) continues to get attention among…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. While MARA Holdings and Riot Platforms diversify into AI and global energy deals, independent Bitcoin (BTC) miners are fighting to keep the lights on. This gap highlights an unsettling reality: Bitcoin’s long-term…
BitMine has been on an Ethereum buying spree, continuing its big bet on the second-largest crypto by market cap. The company now stands as the single biggest corporate holder of ETH, building a treasury that has outpaced rivals and attracted global attention. Summary BitMine has increased its Ethereum holdings with a fresh $46 million purchase….
