SpaceX Bitcoin Stake Tops $1 Billion; BTC Slides After Treasury Comment
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. According to Arkham Intelligence data reported by multiple outlets, the aerospace firm holds 8,285 BTC, worth about $1 billion at recent price levels. SpaceX Moves...
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Asia Morning Briefing: ETH’s Bullrun Meets Early Signs of Selling Pressure
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. As Hong Kong begins its...
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Bitcoin Tanks On Hot PPI Inflation; Ethereum, Dogecoin, XRP Follow: Analyst Charts Course For BTC’s Likely Moves
Leading cryptocurrencies dived on Thursday after hotter-than-expected wholesale inflation tempered risk appetite. Cryptocurrency Gains +/- Price (Recorded at 9:30 p.m. ET) Bitcoin (CRYPTO: BTC) -4.09% $118,590.95 Ethereum (CRYPTO: ETH) -2.85% $4,608.59 XRP (CRYPTO: XRP) -6.60% $3.09 Solana (CRYPTO: SOL) -5.02% $193.61 Dogecoin (CRYPTO: DOGE) -8.64% $0.2253 Crypto Liquidations Hit...
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Justin Sun Vs Bloomberg: Clash Escalates Over TRON Founder’s Crypto Holdings
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...
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$50M Deal: Trump’s Thumzup Media Partners With Coinbase To Expand XRP Holdings
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. The company said it will buy mining rigs and add assets such as XRP, BTC, ETH, SOL, LTC, USDC...
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Trump’s Treasury Secretary Bessent backs Bitcoin acquisition after saying America’s not buying
The US aims to bolster its Bitcoin reserves without increasing the federal budget, potentially reshaping global crypto dynamics. The post Trump’s Treasury Secretary Bessent backs Bitcoin acquisition after saying America’s not buying appeared first on Crypto Briefing....
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BNB Surges on $2B Investment: Analysts Debate If $1,000 Target Is Within Reach
Binance Coin (BNB) has hit fresh record territory after Abu Dhabi-based MGX announced a historic $2 billion investment in Binance on August 12. The deal, entirely funded in stablecoins, marks the largest single investment ever made in a cryptocurrency company. Within 48 hours of the news, BNB surged more...
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Bitcoin Tops US Crypto Payments, Stablecoins Rule Asia: Report
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...
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Chainlink’s Network Activity Soars Amidst Record Whale Transactions
Chainlink (LINK) has surged above $24 amidst increased activity and optimism seen across on-chain metrics. As the token rallied by almost 45% this week, investors now await more gains. $24 Isn’t the Ceiling In its latest tweet, crypto analytics firm Santiment reported 6,463 active LINK addresses, which marked an eight-month...
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Analysts Call Ethereum a Strategic Buy as ETF Inflows Soar and Price Nears Breakout Zone
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). On Wednesday alone, Ethereum ETFs pulled in $729.1 million, their second-largest daily inflow since launch, with BlackRock’s ETHA accounting for $500.9 million and Fidelity’s...
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