Crypto

The company has experienced rapid growth in less than two years, reaching an annual recurring revenue of $80 million and a valuation of $18 billion. Perplexity AI, developer of an AI-powered search engine, is reportedly preparing for another funding round at a $20 billion valuation. The capital could fund the company’s recent $34.5 billion bid to acquire the Google Chrome browser. The target valuation is $2 billion higher than Perplexity’s previous $18 billion mark from its July 2025 fundraise, according to Business Insider. The company’s worth has surged 3,746% since January 2024, when it was valued at $520 million. On Tuesday, Perplexity made an unsolicited $34.5 billion offer to purchase the Google Chrome browser, a product that has been the subject of an ongoing Google antitrust case. In a ruling expected to the coming days, a US district court judge could force Google to sell the browser to reduce the company’s dominance in web searching. Read more

The Treasury Secretary's late-Thursday afternoon tweet seemingly contradicted his statement from earlier in the day.

The Bitcoin-buying firm implied its earnings are recurring during an earnings call, Andy Constan said.

ChatGPT's XRP Analysis has reported a 5.37% pullback to $3.10, testing the $2.99-$2.92 support zone as a $1B crypto liquidation prompts institutional profit-taking. Technical signals suggest a decisive move ahead, with infrastructure readiness supporting recovery potential. The post ChatGPT’s XRP Analysis Reveals Key Support Test at $3.10 as $1B Market Liquidation Triggers Profit-Taking appeared first on Cryptonews.

Hong Kong’s financial regulators cautioned investors to avoid making impulsive bets on stablecoin-linked assets after a spate of sharp price swings tied to speculation, corporate announcements, and unverified claims about licensing plans in the city. In a joint statement, the Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) said they had […] The post Hong Kong regulators warn against hype-driven stablecoin market swings appeared first on CryptoSlate.

Traders send mixed signals after Bitcoin falls to $117,000 a day after hitting new all-time highs. Key takeaways: BTC futures premium remains neutral, indicating traders were unfazed by the recent $6,630 price drop. The Bitcoin options skew and macroeconomic concerns suggest limited appetite for a breakout above $120,000. Read more

U.S. bankers are pushing hard for revisions of the new stablecoin law even before regulators have begun the first steps of writing the rules.

U.S. officials accused Garantex, Grinex, A7A5 token issuers and executives of laundering ransomware proceeds and evading sanctions.

After disappointing Bitcoin fans with earlier comments, Treasury Secretary Scott Bessent said the U.S. may buy BTC for its reserve after all.

Arbitrum ($ARB) has built momentum through upgrades and partnerships: PYUSD support on-chain, Timeboost has been designed to speed processing, a $14M audit subsidy has been approved, and Offchain Labs has acquired ZeroDev. Price has tested $0.56–$0.57, with $0.59 watched and $0.48–$0.50 support. The post PayPal and BlackRock Moves Ignite Arbitrum ($ARB) – Will $0.59 Finally Fall? appeared first on Cryptonews.

The former Soviet republic is leading the charge in crypto innovation in this region of Asia, with neighboring countries following suit.

Federal agencies have continued to scrutinize some digital asset activities, even as the Trump administration has relaxed its regulatory oversight.

The Office of Foreign Assets Control said it was taking additional action against the crypto exchange after including it on its list of Specially Designated Nationals in 2022. The US Treasury’s Office of Foreign Assets Control (OFAC) has redesignated cryptocurrency exchange Garantex Europe to its list of sanctioned entities. In a Thursday notice, OFAC said it had redesignated Garantex as well as sanctioned its “successor,” Grinex, three Garantex executives and six Russia- and Kyrgyz Republic-based companies for allegedly facilitating illicit transactions. According to the government agency, the Garantex exchange processed more than $100 million tied to illicit activities since 2019. “Digital assets play a crucial role in global innovation and economic development, and the United States will not tolerate abuse of this industry to support cybercrime and sanctions evasion,” said John Hurley, under secretary of the Treasury for terrorism and financial intelligence. Read more

Jack Dorsey's Block has released a new, long-lasting Bitcoin mining rig in the X co-founder's latest BTC push.

BNB breaks above $865 to a new ATH, hits $120B market cap, and nears $1K as active addresses surge past 1.44M.

The crypto exchange has been steadily acquiring companies to diversify the range of services it offers to clients. Update, Aug 14, 22:34 UTC: This article has been updated to show that Coinbase has completed six acquisition deals in 2025. Crypto exchange Coinbase closed the acquisition of Deribit, the world’s largest crypto options trading platform by volume, adding to its portfolio of digital asset businesses. Trading volumes on Deribit topped $1 trillion in 2024, and the platform has a “loyal base” of institutional and sophisticated traders, Coinbase said on Thursday. Read more

While XRP tanks on hot inflation data, Cardano rockets on ETF buzz. Is $1 for ADA really in sight? Here's what the charts say.

Lauded tech investor Cathie Wood got in on the latest blockbuster crypto IPO, with Ark Invest buying up millions of shares in Bullish.

U.S. Treasury Scott Bessent advocated for a 50-basis-point rate cut earlier this week.

The token’s rejection at $0.26 came amid a broad crypto pullback, with the CoinDesk 20 Index sliding 4% and rate-cut hopes fading.