Ether, Cardano, XRP Among Cryptos Taking New Leg Higher as Scott Bessent Floats 50 Basis Point Rate Cut
Altcoins added to their rally during late Tuesday U.S. afternoon hours after Treasury Secretary Scott Bessent suggested the Federal Reserve should consider a 50 basis point rate cut at its upcoming September meeting. “The real thing now to think about is should we get a 50 basis-point rate cut...
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Kazakhstan’s Fonte Capital Introduces Central Asia’s First Spot Bitcoin ETF
Kazakhstan, one of the world’s largest bitcoin mining countries, has become the location of central Asia’s first spot bitcoin (BTC) exchange-traded fund (ETF). Astana-based Fonte Capital said the Fonte Bitcoin Exchange Traded Fund OEIC (BETF) will start trading Aug. 13 on the Astana International Exchange (AIX). The ETF will...
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Circle Dips 6% After Hours on 10M Share Secondary Offering
Circle (CRCL), the stablecoin issuer firm behind the USDC token, announced on Tuesday a secondary stock sale of 10 million shares. The company is offering 2 million of Class A common stock for sale, while selling stockholders are unloading another 8 million, according to an S-1 filing with the...
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Crypto’s Next Bull Run May Start With Banks, Not Bitcoin
For crypto to truly break into the mainstream, the banking system must become a full, active participant. While the decentralized ethos of crypto often stands in stark contrast to the centralized nature of banking, this very dichotomy highlights why their integration is not just beneficial but essential for widespread...
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Ripple’s 5-Year Legal Saga Ends With SEC’s Favorable Ruling For Fundraising
In what could result in a new regulatory win for the blockchain payment company Ripple Labs, the US Securities and Exchange Commission (SEC) has granted the company a special waiver that eases restrictions on its ability to raise capital. This decision comes after the regulatory agency and Ripple jointly...
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ETH tops $4.6K for first time since 2021, eyes ATH
Ethereum tops $4.6K for the first time since 2021, fueled by $130M in short liquidations, $9B treasury buys, and record ETF inflows. The post ETH tops $4.6K for first time since 2021, eyes ATH appeared first on Crypto Briefing....
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Qubic Hijacks Monero: 51% Attack Sends Shock Through Crypto
Monero (XMR) is confronting what key voices on X describe as a 51% attack from the Qubic mining pool. Bitcoin developer Peter Todd set the tone early, writing: “Interesting. Apparently Monero just had a big reorg too, I assume related to this attack.” When asked whether Qubic had definitively...
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Bitcoin Solo Mining: Crazy Returns or Risky Gamble? #shorts
Can solo Bitcoin mining turn $6,000 into $370,000? A new Bitmain Antminer S23 offers 1 in 61 odds of hitting it big. Is this the future of Bitcoin? #BitcoinMining #SoloMining #AntminerS23 #CryptoReturns #Bitcoin2026...
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Tom Lee’s Bitmine Becomes First Ethereum Treasury to Accumulate 1,000,000 ETH
Bitmine Immersion Technologies has become the first corporation to accumulate more than a million ETH for its strategic treasury. On Monday, the firm announced that its ETH holdings had reached 1.15 million tokens worth around $4.9 billion. It added that this total is 317,126 more than a week ago,...
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LINK Surges 10% as Chainlink Reserve, ICE Partnership Fuel Explosive Rally
Oracle service Chainlink’s (LINK) native token surged 10% on Tuesday to a fresh seven-month high amid new traditional finance partnership and a recent token buyback initiative. The token topped $24 for the first time since February, extending its rally to 42% in a week. That’s the biggest gain during...
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