SharpLink’s Q2 results show an $87.8 million non-cash impairment on LsETH, but the company remains fully committed to its multibillion-dollar ETH treasury strategy. With 728,804 ETH locked in and compounding, SharpLink appears to play a longer game than quarterly reports…...

The broader cryptocurrency market has shifted into a heightened bearish phase, causing Bitcoin to drop from its current all-time high of $124,000 to the $117,000 threshold. While bearish pressure is building, indicators such as Bitcoin’s supply dynamics are providing insights about the current state of the market and investors’...

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Tron continues to post higher highs and higher lows in a vertical accumulation pattern. Sustained bullish volume and key moving average support hint at further upside toward major resistance levels. Tron (TRX) is trading in a well-defined bullish vertical accumulation…...

Galaxy, the Nasdaq-listed digital asset investment firm, said on Friday it has secured $1.4 billion in funding to expand its Helios data center in West Texas, part of the firm’s push to boost computing capacity for artificial intelligence (AI) and high-performance computing (HPC). The debt facility, which covers 80%...

The U.S. Securities and Exchange Commission is looking at custody rules for digital assets, including how broker-dealers, asset managers and investment advisers can deal with cryptocurrency transactions, its head said Friday. SEC Chair Paul Atkins, speaking about his recently announced Project Crypto on Fox Business’ “Mornings With Maria” program,...

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 4261.62, up 1.0% (+40.35) since 4 p.m. ET on Thursday. Twelve of 20 assets are trading higher. Leaders: AVAX (+3.4%) and ADA (+3.4%)....

Solana-based meme coin BONK weathered a volatile 24 hours, as significant institutional activity defined both the highs and lows of the trading range. The token reached $0.000026 and quickly encountered resistance at that level, with 4.02 trillion tokens changing hands during a midday rejection that set a clear technical...

Hyperbeat, a protocol powering yield infrastructure on the Hyperliquid decentralized exchange, has closed a $5.2 million oversubscribed seed round co-led by ether.fi Ventures and Electric Capital. The raise will be used to build out their yield infrastructure for traders, protocols, and institutions that are tapped into the Hyperliquid ecosystem....

Buyer exhaustion may set the stage for a correction in August before investor capital surges into altcoins, much like in previous market cycles....