Crypto

ARK’s latest Bitcoin ETF sale came shortly after ARKB hit a new all-time high above $39 in early July, equivalent to nearly $118 on a pre-split basis. Cathie Wood’s ARK Invest has offloaded its largest amount of shares in its spot Bitcoin ETF since the fund’s mid-June stock split. ARK offloaded 225,742 shares of the ARK 21Shares Bitcoin ETF (ARKB) from its ARK Next Generation Internet (ARKW) on Tuesday, according to a trade notification seen by Cointelegraph. The sale netted $8.7 million based on ARKB’s closing price of $38.70 on Tuesday, marking ARK’s largest single-day sale of ARKB shares on record. Read more

ETH continues to show strength after breaking $3,000 and Ethereum bulls have highs hopes of five-digit prices between $15,000 and $30,000 as the top for this cycle. Key takeaways: Ether’s open interest has rallied 64% since June 22 to a record high of $46 billion.  Analysts say ETH could reach as high as $30,000 this cycle, with the near-term target at $4,000. Read more

The state’s new initiative draws in crypto firms to help overhaul its operations and explore blockchain’s role in public-sector innovation.

New BIP proposes phasing out legacy Bitcoin signature schemes to prevent catastrophic losses if quantum computers break existing cryptography. A new Bitcoin Improvement Proposal (BIP) aims to tackle the threat posed by quantum computers by phasing out Bitcoin’s legacy signature schemes, which can be vulnerable to quantum attacks, in favor of quantum-resistant alternatives. The proposal, titled “Post Quantum Migration and Legacy Signature Sunset,” was drafted earlier this week by a group of cryptography and blockchain experts, including American software engineer Jameson Lopp and BitcoinQS founder Christian Papathanasiou. While quantum computers powerful enough to crack Bitcoin’s cryptography are not yet here, recent developments have narrowed the window. Some academic forecasts suggest quantum machines capable of threatening Bitcoin (BTC) could arrive as early as 2027 to 2030, per McKinsey. Read more

Ethereum hit its highest price since February on Wednesday, as two public companies stockpiled ETH amid a broader crypto treasury trend.

The sanctions “put pressure” on third-country actors to prioritize access to A7 or their relationships with the EU and UK.

Trump should focus on building a national Bitcoin reserve instead of pushing stablecoin regulation, Decrypt was told.

Bitcoin's 5% correction from all-time highs comes as sticky inflation and talk of Fed Chair Jerome Powell's replacement lingers.

The product allows crypto holders to finance property deposits using Bitcoin as collateral, all without having to sell their stash.

The development comes as interest in Ethereum reserves rises, with BitMine surpassing $500 million in holdings.

Bitcoin is entering a new phase of market structure, where spot ETFs are rivaling and, in some cases, outpacing spot exchanges in daily trading volume. Over the past 30 days, aggregate turnover in spot Bitcoin ETFs reached $62.9 billion, just under 89% of the $70.8 billion across all spot BTC trading pairs globally. This growing […] The post ETFs now shape US Bitcoin trading more than spot exchanges appeared first on CryptoSlate.

Leonidas, a high-powered microwave system, disables drones mid-air without using bullets or lasers, and the Pentagon is paying attention.

PLUS: Maple Finance is now crypto's largest on-chain asset manager.

The deal would position Cantor as a major Bitcoin buyer, expanding its SPAC-led crypto strategy amid renewed political support.

California Governor Gavin Newsom announced the California Breakthrough Project on July 15, enlisting executives from Coinbase, Ripple, MoonPay, and other technology firms to help streamline state operations.  Newsom convened the advisory group at Ripple’s San Francisco headquarters on June 6. Participants include Ripple Executive Chair Chris Larsen and unnamed executives from MoonPay and Coinbase. The cohort will work with agency staff to […] The post Coinbase and Ripple execs join California officials to streamline state operations appeared first on CryptoSlate.

SharpLink Gaming has officially become the largest corporate holder of Ethereum, surpassing even the Ethereum Foundation. On July 15, the company revealed it owns 280,706 ETH, valued at $867 million. The company’s impressive ETH holdings grew significantly between July 7 and July 13. During this period, SharpLink purchased 74,656 ETH for $213 million, with an […] The post Sharplink overtakes Ethereum Foundation to become largest ETH holder appeared first on CryptoSlate.

JP Morgan eyes stablecoins as U.S. legislation advances and the potential market grows.

The Moscow Exchange says it will launch a fund that tracks one of the world’s biggest Ethereum ETFs, just weeks after debuting a Bitcoin index futures offering. The post Moscow Exchange to Launch ETHA-Tracking Ethereum Futures Index Fund appeared first on Cryptonews.

Ethereum continued its recent momentum, rising even as Bitcoin retreated and fell to its lowest point in five days.

GameStop is taking a cautious, independent approach to Bitcoin (BTC) and does not does not intend to emulate the aggressive strategies of other crypto-heavy treasury firms like Strategy, according to CEO Ryan Cohen, who said Tuesday that the company In an appearance on CNBC’s Squawk Box on July 15, Cohen explained that GameStop’s $512 million Bitcoin […] The post GameStop CEO says firm’s Bitcoin bet is an inflation hedge, not long-term strategy appeared first on CryptoSlate.