Crypto

Elon Musk’s attorney will chair a company that aims to raise $200 million to invest in DOGE, Ether ETFs cross $13.7 billion: Hodler’s Digest Ether spot exchange-traded funds (ETFs) have seen steady growth since their US debut in July 2024, while corporate treasuries tied to the token are also on the rise. Inflows into Ether funds climbed 44% this month, rising from $9.5 billion on Aug. 1 to $13.7 billion on Aug. 28, according to cryptocurrency research platform SoSoValue. Market participants say renewed institutional demand is fueling the momentum. After an extended period of underperformance relative to Bitcoin and a souring investor sentiment, Ethereum has recently experienced a significant revival in the recognition of both its adoption rate and value proposition, Sygnum Chief Investment Officer Fabian Dori told Cointelegraph. Read more

Elon Musk’s attorney will chair a company that aims to raise $200 million to invest in DOGE, Ether ETFs cross $13.7 billion: Hodler’s Digest Ether spot exchange-traded funds (ETFs) have seen steady growth since their US debut in July 2024, while corporate treasuries tied to the token are also on the rise. Inflows into Ether funds climbed 44% this month, rising from $9.5 billion on Aug. 1 to $13.7 billion on Aug. 28, according to cryptocurrency research platform SoSoValue. Market participants say renewed institutional demand is fueling the momentum. After an extended period of underperformance relative to Bitcoin and a souring investor sentiment, Ethereum has recently experienced a significant revival in the recognition of both its adoption rate and value proposition, Sygnum Chief Investment Officer Fabian Dori told Cointelegraph. Read more

The following is a guest post and opinion from Slavik Baranov, CEO at STON.fi Dev. From Gaming Phenomenon to Financial Ambition In 2024, the TON blockchain became one of the most talked-about ecosystems in crypto — not because of a groundbreaking DeFi protocol, but thanks to the meteoric rise of viral tap-to-earn games on Telegram. […] The post Is TON’s DeFi ready to lead a true financial revolution? appeared first on CryptoSlate.

Trump reiterated calls for $1 million Bitcoin but said the vast majority of market participants still don’t understand digital money. Eric Trump, the son of US president Donald Trump and the co-founder of Bitcoin (BTC) mining firm American Bitcoin (ABTC), said on Friday that there is “no question” that BTC hits $1 million in the next several years. Trump previously predicted that BTC would reach $1 million per coin in December 2024. Speaking to the audience at the Bitcoin 2025 Asia conference in Hong Kong, Trump said: That's an incredible thing, and that's why I've always said that I really believe in the next several years, Bitcoin will hit $1 million. There's no question that Bitcoin hits $1 million,” Trump continued. Read more

Crypto market cap is up 9.9% since January, as global money supply recorded its fastest growth since 2021.

Alex Krüger says recent liquidations and scary charts could set up a bullish rebound, though conviction trends may wait until after the Fed’s Sept. 17 decision.

Japanese nail salon operator Convano officially launched Bitcoin acquisition strategy following ambitious plan to raise approximately ¥434B ($3B) to purchase 21,000 Bitcoin equivalent to 0.1% of total supply, with Tokyo-listed company planning to become one of world's largest corporate Bitcoin holders through three-phase acquisition plan targeting 2,000 BTC by end of 2025. The post Japanese Nail Salon Announces $3 Billion Bitcoin Acquisition Strategy appeared first on Cryptonews.

Tron's Super Representative community voted to slash network transaction fees by 60% reducing energy unit prices from 210 sun to 100 sun in largest fee cut since blockchain's founding, taking effect August 29 as Tron defends position as dominant USDT rail hosting stablecoin supply of $80.97B compared to Ethereum's $73.8B while processing over $24.6B in daily USDT transfers. The post Tron Votes to Slash Network Fees 60% to Defend Stablecoin Dominance appeared first on Cryptonews.

Crypto treasury firms introduce several layers of risk to an asset class that inherently features reduced or no counterparty risk. Bitcoin (BTC) and crypto treasury firms pose similar risks as collateralized debt obligations (CDOs), securitized baskets of home mortgages and other types of debt that triggered the 2007-2008 financial crisis, Josip Rupena, CEO of lending platform Milo and former Goldman Sachs analyst, told Cointelegraph. Crypto treasury companies take bearer assets with no counterparty risk and introduce several layers of risk, including the competence of the corporate management, cybersecurity, and the ability of the business to generate cash flow, Rupena said. He added: Rupena told Cointelegraph that while he does not expect crypto treasury companies to be the cause of the next bear market, overleveraged firms could “exacerbate” a market downturn through forced selling, but it is still too early to tell what the exact effects will be. Read more

A Florida man sentenced to 47 years in prison for orchestrating a string of violent home invasions got extra time for attacking a witness.

Permissionless financial protocols will survive government and corporate efforts to impose traditional financial controls on DeFi. Decentralized finance (DeFi) protocols will survive government and corporate efforts to impose traditional financial regulations designed to create a walled garden of permissioned digital systems, according to Will Reeves, CEO and co-founder of Bitcoin (BTC) rewards company Fold.  Reeves told Cointelegraph that regulatory proposals requiring DeFi protocols to embed biometric identity checks within smart contracts, or other similar traditional financial (TradFi) regulations, will backfire, as did efforts to control the spread of information on the internet.  He also warned that governments and legacy financial institutions will use TradFi incentives to drive people to permissioned custody through traditional investment vehicles like exchange-traded funds (ETFs), which have benefits over holding crypto directly, including use as collateral for loans. He added: Read more

Despite record exchange levels, stablecoin supply growth has slowed, with just $1.1 billion added since November 2024 versus $4–$8 billion in earlier months.

Venture capital is consolidating into larger, higher-conviction bets, with infrastructure projects leading the way, according to Outlier Ventures

River’s research estimates BTC ownership at 65.9% for individuals, 7.8% for funds, 6.2% for businesses and 1.5% for governments. About 7.6% is believed to be lost.

The fake ID marketplace VerifTools allegedly sold fake documents for as little as $9 in cryptocurrency, authorities said.

U.S. tech stocks came under pressure on Friday, driven by concerns about the rapid pace of investment in AI and a series of disappointing earnings reports in the semiconductor sector. The Nasdaq Composite fell 1.2%, closing out a week in which the tech-heavy index struggled to maintain recent highs. Semiconductor sector hit hard Among the […] The post US tech stocks under pressure as AI growth shows signs of cooling appeared first on CryptoSlate.

River’s new flow map suggests companies absorb around 1,755 BTC per day versus approximately 450 mined, with funds and ETFs adding more demand.

Recent data from Bitcoin and gold ETFs revealed a departure from historical trends this month: instead of flows moving in opposite directions as they normally do, both Bitcoin and gold experienced outflows at the same time. This rare correlation speaks volumes about the current macroeconomic environment and shifting investor psychology. Bitcoin outflows didn’t benefit gold, […] The post Bitcoin outflows aren’t benefiting gold; both assets feel the pressure appeared first on CryptoSlate.

How will BTC react if these tariffs are indeed illegal?

A new proposal from Ethereum and Google developers seeks to make the blockchain the bedrock of the AI agent economy.