Cryptocurrency News

Crypto’s appetite for high-stakes bets was on full display Monday as shares of Eric Trump’s American Bitcoin collapsed 95% from their peak, erasing more than $600 million from his stake. Simultaneously, two traders squared off onchain with $107 million in opposing leveraged ether positions. A 95% Collapse in the Trump Family’s Mining Bet American Bitcoin…Read More

A bitcoin address that sat untouched for seven years moved 2,931 BTC worth $188 million to a new wallet on Sunday. Hours later, onchain analysts flagged a separate whale that has now converted 17,385 ETH, roughly $31 million, into 496.3 BTC. A Seven-Year Slumber Ends With a 10x Gain Lookonchain, which monitors large onchain movements,…Read More

The Digital Asset Market Clarity Act faces a decisive stretch as the U.S. Senate returns from recess on Monday with roughly 20 working days left before the Aug. 7 break. The coming days should bring “further clarity” on the bill’s status alongside fresh inflation data and Federal Reserve speeches. A Crowded Calendar of Data, Fed…Read More

Blackrock now manages $2.93 billion in tokenized assets onchain, with Ethereum leading the pack ahead of Avalanche, Solana, and BNB Chain. A Multichain Footprint Anchored by BUIDL The bulk of Blackrock’s onchain assets sit in the Blackrock USD Institutional Digital Liquidity Fund (BUIDL), the tokenized money market fund it launched with issuance platform Securitize in…Read More

Attackers seized the official X accounts of SpaceXAI and Starlink on Sunday to promote a memecoin called Scam Altman (SCATMAN), which briefly touched a $32 million market cap on Robinhood Chain. Lookonchain noted the hacker minted 10 trillion tokens and dumped them for about $135,000 in ether. A Verified-Account Playbook Strikes Elon Musk’s Companies The…Read More

Bitcoin Magazine U.S. Representatives Urge Senate to Vote on CLARITY Act in July, Address Ethics Concerns Rep. French Hill urged the Senate to vote on the CLARITY Act before the August recess, arguing the bill would establish a transparent crypto market framework that addresses ethics concerns surrounding President Trump’s digital asset ventures. This post U.S.…Read More

Bitcoin Magazine Circle (CRCL) Wins Final OCC Approval for National Trust Bank Circle won final OCC approval to establish a national trust bank, allowing it to place USDC reserves under federal oversight and expanding its regulated digital asset custody business. This post Circle (CRCL) Wins Final OCC Approval for National Trust Bank first appeared on…Read More

Bitcoin Magazine Metaplanet Announces Joint Study to Bring Bitcoin-Backed Digital Credit to Japan Metaplanet is taking its Bitcoin strategy beyond treasury accumulation, launching a study to explore tokenized, Bitcoin-backed credit products that could reshape Japan’s debt market. This post Metaplanet Announces Joint Study to Bring Bitcoin-Backed Digital Credit to Japan first appeared on Bitcoin Magazine…Read More

Bitcoin Magazine Bitcoin is “A Screaming Buy”: Standard Chartered Backs $100,000 Target, Shrugs Off Strategy (MSTR) Sell-Off Standard Chartered reaffirmed its $100,000 end-2026 Bitcoin price target, calling Bitcoin “a screaming buy” and arguing that Strategy’s recent sell-off reflects a communication issue around its new monetization strategy rather than a weakening Bitcoin outlook. This post Bitcoin…Read More

Bitcoin Magazine JPMorgan Says the Real Threat to Bitcoin Isn’t Strategy (MSTR) — It’s Private Blockchains JPMorgan says Strategy’s Bitcoin sales are a short-term concern, but the bigger long-term risk is that banks and institutions adopt private blockchains over public networks, reducing activity and capital flows across the broader crypto ecosystem. This post JPMorgan Says…Read More