JUST IN – Rapid Crypto Pivot: Bo Hines Leaves White House Role And Lands At Tether
Bo Hines has joined Tether Inc. just days after stepping down from his role in US President Donald Trump’s crypto task force, taking a job that will push the company’s foray into the US market. According to reports, Hines will serve as Strategic Advisor for Digital Assets and United...
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HYPE Faces Sell-Off After Rejection, Will This Crucial Support Hold?
TL;DR HYPE’s price rejected near $50, with analysts now eyeing a potential retrace toward $39. Hyperliquid’s Assistance Fund has repurchased $29 million in HYPE, pushing buybacks above $540 million. TVL rebounds to $635 million, holders’ revenue stays strong above $2 million daily since June. Price Reversal After Resistance Test...
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KindlyMD Expands Bitcoin Treasury With $679 Million Acquisition
KindlyMD Inc. (NASDAQ:NAKA) announced it has acquired 5,744 Bitcoin (CRYPTO: BTC) through its subsidiary Nakamoto Holdings, raising its total treasury to 5,765 BTC. What Happened: The purchase, valued at $679 million at a weighted average price of $118,204.88 per Bitcoin, marks the company’s first acquisition since completing its merger...
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Why 16-year-old Bitcoin has an audit trail while the 112-year-old Fed does not
Bitcoin audit trail...
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TeraWulf stocks soar after Google bumps up stake to 14% in $3.2b deal
Bitcoin miner and data center operator TeraWulf saw its stock fly by 5% after Google raised its stake in the company from 8% to 14%. Why is Google investing so much? TeraWulf announced on August 18 that Google has raised…...
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Dow opens higher amid Home Depot earnings, S&P U.S. credit rating
Dow Jones up with 76 points...
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Valantis Acquires stHYPE, Expanding Liquid Staking Reach on Hyperliquid
Valantis, a decentralized exchange (DEX) protocol, has acquired Staked Hype (stHYPE), the second-largest liquid staking token (LST) on Hyperliquid. Financial terms of the deal were not disclosed. stHYPE, which launched as the first LST on HyperEVM, currently holds about $180 million in total value locked (TVL), according to the...
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XRP Spikes, Then Stalls, as Traders Face Decisive $3 Mark
XRP saw aggressive swings before an abrupt halt capped the session, leaving traders to debate whether institutional flows or technical glitches drove the erratic pattern. The token moved in a 5% range before trading froze at the $3.00 mark. News Background • XRP gained as much as 5% from...
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SharpLink Ether Holdings Top $3.1B, Trailing BitMine in Pace of ETH Acquisition
SharpLink Gaming (SBET), the Nasdaq-listed ether (ETH) treasury firm led by Ethereum co-founder Joe Lubin, said it bought 143,593 ETH through last week, bringing total holdings above $3 billion. To finance the purchases, SharpLink raised $537 million in net proceeds during the week ended Aug. 15. The company secured...
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CoinDesk 20 Performance Update: Chainlink Drops 4.3% as Nearly All Assets Decline
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 4076.62, down 1.2% (-51.06) since 4 p.m. ET on Monday. One of 20 assets is trading higher. Leaders: ADA (+1.0%) and BCH (-0.3%)....
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