Crypto

PowerCompute and USBC show how collars, options and secured loans can turn passive holdings into contractual obligations. The post Why Bitcoin’s $2B corporate treasuries are a ticking time bomb of hidden conditional supply appeared first on CryptoSlate.

The new chain has replaced SHA256d, which is Bitcoin's mining algorithm with BLAKE2b under its hard-fork rules.

A deal would route the decentralized exchange's perpetual futures through Payward's US-regulated Bitnomial, marking Hyperliquid's first US entry—weeks after Trump said his administration was working to bring it onshore.

The brokerage is adding digital assets alongside stocks, ETFs and options as Canadian crypto ownership rises and regulators move toward clearer industry rules. Webull, a self-directed brokerage and trading platform, is expanding its Canadian offering to include cryptocurrencies, adding Canada to a crypto footprint that already includes the United States, Australia and Brazil. The company announced Monday that its Canadian crypto offering will run on Coinbase’s Crypto-as-a-Service infrastructure, with Coinbase providing the underlying trading and custody services. Webull’s Canadian website currently displays 10 cryptocurrencies, including Bitcoin (BTC), Ether (ETH) and Solana (SOL), while indicating that additional assets are also available. The addition of crypto broadens Webull’s Canadian offering beyond stocks, exchange-traded funds and options, bringing digital assets alongside the traditional investments already available to its retail clients. Read more

With the Clarity Act stuck in recess limbo, the agencies are pressing ahead on crypto derivatives and custody, as former officials warn that overly burdensome rules will keep a $90 trillion perps market offshore.

The 41,252.1 BTC CME position dwarfs Coinbase's 151.62 BTC residual, while any hedge leg could offset a squeeze. The post Massive Bitcoin derivatives gap between CME and Coinbase threatens violent position shakeout appeared first on CryptoSlate.

The largest cryptocurrency is on track for its best month since 2017, holding above $78,000 even as a hawkish Fed and renewed Middle East conflict drag on stocks and lift crude.

Bitcoin price action saw sharp moves within its local range as US Treasury Secretary Scott Bessent addressed US bond yields. Bitcoin (BTC) gyrated around $78,000 at Monday’s Wall Street open as US bond yields neared 20-year highs again. Key points: Read more

The Coinbase CEO argues that clearer rules could allow crypto firms to compete more directly with established financial institutions.

Bitcoin is on track to log its best August performance since 2017, demonstrating remarkable resilience against back-to-back macro shocks as escalating US-Iran hostilities and a hawkish pivot from the Federal Reserve test the durability of the digital-asset rebound. Data from CryptoSlate shows that the largest cryptocurrency is trading near $78,400 as of press time, bringing […] The post Bitcoin on course for best August since 2017 despite renewed US-Iran hostilities appeared first on CryptoSlate.

The PlayStation maker is fighting a California class action over "Buy Now" buttons, and has asked the judge to send the case to arbitration.

Bitmine has bought Ether for 65 consecutive weeks, maintaining its accumulation strategy through a prolonged crypto downturn and $5.1 billion in paper losses. Bitmine Immersion Technologies extended its Ether buying streak to 65 consecutive weeks, adding 53,501 ETH last week as a broader crypto market recovery lifted the value of its burgeoning digital asset portfolio despite sizable unrealized losses. The latest purchase brought Bitmine’s holdings to more than 5.9 million ETH, valued at roughly $14.8 billion based on an Ether price of $2,511 as of Sunday. The company now owns 4.9% of Ethereum’s 120.7 million circulating supply, putting it within striking distance of its stated goal of owning 5%. Bitmine’s chairman, Tom Lee, said Ether, Bitcoin (BTC) and Solana (SOL) have been the three best-performing major assets since June 30, with ETH leading the gains. Read more

The prediction market platform banned Santos for manipulation as part of the industry's ongoing efforts to show it's dealing with bad behavior.

Strive’s latest Bitcoin purchase lifted its holdings to 23,156 BTC, making it the fifth-largest publicly traded corporate holder as crypto markets rebound. Strive, a publicly traded asset manager and Bitcoin treasury company, added 1,800 Bitcoin to its holdings last week, accelerating an accumulation strategy that has propelled it into the ranks of the world’s five biggest publicly traded corporate Bitcoin holders. The company purchased the Bitcoin (BTC) for approximately $143 million between Aug. 24 and Aug. 28, paying an average price of $79,431 per BTC, including fees and expenses. CEO Matt Cole confirmed the acquisition on Monday. The purchase brought Strive’s total holdings to 23,156 Bitcoin, up from 21,356 BTC a week earlier. As Cointelegraph reported, the company had purchased 1,110 BTC the previous week for roughly $81.5 million at an average price of $73,409 per coin. Read more

"SOL is a $1,000 token trading at $102," a popular crypto investors said.

The purchase lifts Bitmine's stash to 5.9 million ETH—4.9% of supply—as chairman Tom Lee points to crypto's strong third quarter.

Regulated cryptocurrency exchanges may see more than $46 billion in crypto trading volume during the first year after legalization, according to estimates from the country’s largest bank. Cryptocurrency trading in Russia is expected to bring 4 trillion rubles ($46.4 billion) in trading volume for regulated domestic exchanges in the first year after legalization, according to estimates from Sber, the country’s largest bank. Domestic crypto trading volumes on regulated exchanges could grow to about 7.5 trillion rubles by 2029, Sber’s Deputy Chairman, Anatoly Popov, told Tass in a Saturday report.  Popov attributed the conservative forecast to the fact that a large share of crypto transactions will continue to be conducted through cryptocurrency exchanges that are not regulated in Russia, bypassing trading on organized platforms. Read more

The SEC proposal and Congress’s unfinished ancillary-asset framework diverge on who qualifies, what investors can enforce and how overlapping rules would interact. The post Why the SEC’s $75 million crypto path is not the same deal Congress is offering appeared first on CryptoSlate.

The deal adds transfer-agent and settlement infrastructure to ICE's plans for an NYSE-affiliated market for tokenized stocks, tZERO said.

Ethereum is consolidating after a sharp breakout from the $1.9K area, with ETH currently trading below $2.5K. The technical structure has improved considerably, while the continued decline in exchange reserves provides a supportive backdrop. However, ETH’s $2.5K resistance zone is a meaningful one, and a breakout or rejection from this level is key to determining […]