Crypto

Paul Atkins has described the SEC’s updated guidance as a key step, noting staff now view some liquid staking activities as outside securities law. He has linked the move to Project Crypto, the agency’s push to let US capital markets operate on-chain and keep innovation from moving overseas. The post SEC Liquid Staking Protocol Statement Is A ‘Significant Step Forward,’ Paul Atkins Says appeared first on Cryptonews.

The State of Michigan Retirement System has nearly tripled its Bitcoin ETF holdings, signaling rising institutional confidence in digital assets. Michigan’s state pension fund has significantly increased its exposure to Bitcoin (BTC) via the ARK 21Shares (ARKB) exchange-traded fund, highlighting how ETFs are streamlining access to digital assets for institutional investors. By the end of the second quarter, the State of Michigan Retirement System owned 300,000 ARKB shares, worth $10.737 million, according to regulatory filings with the US Securities and Exchange Commission (SEC). This marks a notable increase from the 110,000 shares it held in the previous year. ARKB is one of the 11 spot Bitcoin ETFs approved by the SEC in January 2024, offering direct exposure to the cryptocurrency.  Read more

The move follows significant gas fee reductions after the Dencun upgrade, and comes amid intensifying competition across blockchains. Ethereum co-founder Vitalik Buterin and developer Anders Elowsson have introduced EIP-7999, a proposal to streamline Ethereum's transaction fee structure.  Released on Tuesday, the proposal seeks to establish a unified multidimensional fee market, allowing users to specify a single aggregate maximum fee for multiple resources.  The proposal, if adopted, would eliminate the need to estimate and manage multiple fee components when submitting transactions and let users specify one all-encompassing maximum fee, making paying for transactions simpler and more predictable.  Read more

Indonesia has opened discussions on integrating Bitcoin (BTC) into its national reserves following a high-level meeting between the Vice President’s office and Bitcoin Indonesia, Asia’s largest BTC community. The meeting marked a pivotal moment in Indonesia’s evolving approach to digital assets, as officials explored the potential role of Bitcoin in strengthening long-term economic resilience. Among […] The post Indonesian officials eye Bitcoin mining for national reserves after key meeting appeared first on CryptoSlate.

Galaxy Digital has moved toward blockchain finance, telling the SEC it is evaluating tokenizing its Nasdaq-listed Class A shares. A transfer-agent pact with Superstate could let investors hold GLXY on-chain, though the firm has stressed tokenized securities are early and illiquid. The post Galaxy Digital Eyes Tokenized GLXY After 43% Asset Surge, 80K-BTC Mega-Trade appeared first on Cryptonews.

Publicly listed Bitcoin (BTC) treasury companies bought $552 million worth of BTC while holders divested exchange-traded fund (ETF) shares between July 31 and August 4. According to Farside Investors’ data, US-traded spot Bitcoin ETFs registered $1.25 billion in outflows between July 31 and August 4. At the same time, data from Bitcoin Treasuries highlighted that […] The post Public Bitcoin treasuries step in with $552M buys amid $1.25B ETF outflows appeared first on CryptoSlate.

POL surged in early U.S. trading amid above-average volume, but selling pressure capped gains.

Zora and Farcaster have boosted Base's token creation, pushing daily launches above Solana's.

The funds have had outflows as the prices of their underlying assets have declined.

An intriguing twist in the trial of Tornado Cash co-founder Roman Storm emerged after one juror reportedly requested time off to attend her mother’s birthday celebration. On Aug. 4, Inner City Press shared updates from the courtroom, revealing that the juror, identified as “Ms. Nelson,” had asked for a break from deliberations on Aug. 5. […] The post Birthday plans clash with Tornado Cash’s Roman Storm trial deliberations appeared first on CryptoSlate.

If a bill to create a BTC reserves passes in Brazil's House of Representatives, it will require Senate approval before being signed into law or vetoed by the country's president. Brazil’s House of Representatives will hold a hearing on Aug. 20 to discuss a bill proposing the creation of a national Bitcoin reserve in the country. According to the House website, at least six institutions are slated to participate, including the Central Bank of Brazil, the Ministry of Finance, a crypto advocacy association and representatives from fintech companies and the banking sector. The bill, introduced in November 2024, seeks to allow up to 5% of the country's treasury funds to be used to buy Bitcoin, which translates to a potential investment of roughly $15 billion, assuming the central bank’s total reserves of about $300 billion as of February. Read more

Solana Mobile has started shipping its Seeker mobile phone – Solana price prediction now points to a $1000 target, with a significant step toward deeper ecosystem adoption. The post Solana Price Prediction: New Seeker Phone Starts Shipping in 50+ Countries – Is $1,000 SOL Next? appeared first on Cryptonews.

Donald Trump has expressed interest in a third term, saying he would “like to run” even though the 22nd Amendment bars it. In interviews with CNBC and NBC, he has cited strong polling, yet Polymarket bettors have placed only 4 % odds on his 2028 return, favoring Vice President JD Vance instead. The post Donald Trump Says He’d ‘Like To’ Run For President Again In 2028 appeared first on Cryptonews.

The SEC's latest staff statement — which isn't binding guidance — addresses certain aspects of liquid staking.

After failing to retrieve a hard drive with 8,000 BTC, James Howells is turning the lost coins into the basis of a new DeFi project. Twelve years after accidentally throwing away a hard drive containing 8,000 Bitcoin (BTC), James Howells is abandoning his long-running effort to excavate it from a Newport landfill. Instead, he plans to launch a new token inspired by the lost coins. Howells, whose quest included legal battles, drone surveys and a 25-million British pound offer ($33.3 million) to buy the landfill outright, told Cointelegraph he’s shifting focus from physical recovery to a blockchain-backed project. Rather than trying to dig up the stash, he aims to turn the story of the lost Bitcoin into a DeFi token — symbolically “vaulting” what can no longer be accessed. Read more

Mantle, "the largest ETH-backed treasury amongst Web3 entities," is surprising traders today in an otherwise down market.

ChatGPT’s BTC Analysis has detailed Bitcoin’s 1.46% slide to $113,155, probing $112,650 support while $333M has flowed out of ETFs, BlackRock has weighed a 2,544-BTC sale, and Indonesia has examined Bitcoin for reserves. Indicators have suggested rebound toward $115K or correction to $110K. The post ChatGPT’s BTC Analysis Shows Key $112K Support Amid $333M ETF Outflows as Bull Run Faces Uncertainty appeared first on Cryptonews.

The bull run could be in for a continuation, as popular pseudonymous analyst Cantonese Cat cites “great risk-reward" for a Dogecoin entry. The post Dogecoin Price Prediction: Analyst Calls This the Perfect Entry – Is DOGE About to Explode? appeared first on Cryptonews.

Tether CEO Paolo Ardoino has revealed that USDT accounts for 40% of all on-chain transaction fees across nine major blockchains, including Ethereum, Tron, and Solana. This dominance isn’t unexpected as stablecoins are increasingly seen as crypto’s “ChatGPT moment,” a breakthrough that makes digital value transfer faster, cheaper, and accessible across borders. Ardoino pointed out that […] The post Tether’s USDT captures 40% of all on-chain fees across 9 major blockchain networks appeared first on CryptoSlate.

The gpt-oss-120b and gpt-oss-20b models are OpenAI's first open-weight language releases since GPT-2, with the smaller version needing just 16GB of memory to operate.