Month: August 2025

Treasury Secretary Scott Bessent began Thursday by dashing the hopes of at least some bitcoiners, saying the Strategic Bitcoin Reserve would be made up of the $15 billion to $20 billion already held by the government, but that there was no intention of making any fresh purchases. He ended...

Wall Street bankers are hammering away at some provisions of the new U.S. stablecoin law that was hailed by President Donald Trump and the crypto sector as a huge first step toward establishing a fully regulated U.S. industry, and the banks are joined by unusual bedfellows from the consumer-advocate...

The U.S. Treasury’s Office of Foreign Assets Control (OFAC) on Thursday sanctioned a network of companies, exchanges and executives linked to shuttered Russian crypto exchange Garantex and the ruble-backed stablecoin A7A5, accusing them of helping Moscow skirt international sanctions. Garantex, founded in 2019 and once licensed in Estonia, processed...

Bit Digital Inc (NASDAQ:BTBT) reported second-quarter financial results after the market close on Thursday. Here’s a look at the key details from the quarter. Q2 Earnings: Bit Digital reported second-quarter revenue of $25.7 million, missing analyst estimates of $27.47 million, according to Benzinga Pro. The company reported second-quarter earnings...

Anza—the firm leading core software development for Solana—has begun detailing “Rotor,” a new block-propagation layer shipping with the Alpenglow consensus overhaul. In a thread on X, Brian (@0xbrw), Anza’s developer relations lead, claims Rotor will put Solana ahead of Ethereum on raw network responsiveness: “Rotor is Solana’s new block...

Citigroup is looking to make a further foray into the crypto and blockchain ecosystem with custody and payments solutions for stablecoins and crypto exchange-traded funds. The U.S. banking giant is considering a move into crypto custody, stablecoin payments, and other…...

One of the seven countries in this region of Asia has unveiled an impressive accomplishment and has joined global peers to offer the leading crypto asset in a regulated manner. While nearby nations are behind in terms of adoption, they are making steps in the right direction. Region-First In...

Cryptocurrency markets are trading lower as overshooting producer price inflation stopped the altcoin rally. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $118,203.36 Ethereum (CRYPTO: ETH) $4,562.59 Solana (CRYPTO: SOL) $194.91 XRP (CRYPTO: XRP) $3.09 Dogecoin (CRYPTO: DOGE) $0.2247 Shiba Inu (CRYPTO: SHIB) $0.00001293 Notable Statistics: IntoTheBlock data shows Bitcoin and...

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....

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