Crypto

The U.S. Justice Department authorized the seizure of more than $2.8 million in cryptocurrency, cash, and other assets from a suspected ransomware operator, according to an Aug. 14 announcement. Federal prosecutors unsealed six warrants tied to Ianis Aleksandrovich Antropenko, charging him with conspiring to commit computer fraud and abuse, committing computer fraud and abuse, and […] The post US authorities raid ransomware operator, seize $2.8M in crypto appeared first on CryptoSlate.

United States Securities and Exchange Commission (SEC) Chair Paul Atkins says the agency is “mobilizing” to make the U.S. a global hub for digital assets, the federal regulator told Fox News reporter Maria Bartiromo in an interview on August 15.SEC ‘Mobilizing’ to Make America Crypto Capital, Paul Atkins SaysDuring his appearance on the media outlet […] The post SEC Is Mobilizing All Branches To Make U.S. A Global Crypto Hub, Chair Paul Atkins Says appeared first on Cryptonews.

ChatGPT's Bitcoin Analysis has described consolidation around $117,208 (-0.92%) as Bessent has clarified budget-neutral buys. BTC has stayed above 50/100/200-day EMAs with strong MACD, neutral RSI, light volume, and high ATR potential, outlining $119K–$121K or $114K–$110K as near-term ranges.   The post ChatGPT’s Bitcoin Analysis: BTC Holds $117K as Treasury Pursues Budget-Neutral Strategic Reserves appeared first on Cryptonews.

Crypto Price Prediction Today has explored Bitcoin’s brief climb to a new all-time high before retreating, the impact of rising inflation data on market sentiment, and the bullish or corrective paths ahead for XRP, Litecoin, and Cardano, as signals from Washington influence investor expectations. The post Crypto Price Prediction Today 15 August – XRP, Litecoin, Cardano appeared first on Cryptonews.

ChatGPT Predicts XRP, Pepe, and Shiba Inu could deliver sizable gains before the festive season, backed by strong technical patterns, improved regulatory clarity, and favorable market sentiment. Bitcoin’s surge and new legislation add to optimism for meme coins and altcoins in a potential bull phase. The post ChatGPT Predicts the Price of XRP, Pepe and Shiba Inu by the End of 2025 appeared first on Cryptonews.

Gemini, the crypto exchange founded by Tyler and Cameron Winklevoss, has filed with the SEC to go public. Here are the first details.

The Ronin team said that a more performant blockchain and Ethereum’s Wall Street appeal drove the decision to return to the ecosystem. Ronin, a purpose-built blockchain for gaming, said it will migrate back to the Ethereum ecosystem as a layer-2 network, making Ronin a general-purpose chain for applications beyond gaming. The blockchain originally spun off from the Ethereum mainnet in 2021 in search of better network speeds and cheaper transaction fees for Axie Infinity, a non-fungible token (NFT) blockchain video game. The Ronin team wrote: The team set a Q2 2026 target for the full migration from being a standalone layer-1 blockchain to an Ethereum layer-2 network. Read more

Solana (SOL) trading activity contracted sharply in the second quarter while the network’s core infrastructure metrics strengthened across multiple dimensions. According to an Aug. 15 report by Messari, the total application revenue generated on the network fell 44.2% quarter-over-quarter to $576.4 million from $1.0 billion.  Furthermore, average daily spot decentralized exchange (DEX) volume dropped 45.4% […] The post Solana trading activity falls 44% in Q2 despite network fundamentals strengthening with rising DeFi adoption appeared first on CryptoSlate.

Ethereum price prediction has gained momentum as J.P. Morgan analysts point to the network’s dominant share of stablecoins as a key growth driver. With rising institutional adoption and recent upgrades, analysts see potential for Ether to outperform and close the gap with Bitcoin in the coming years. The post Ethereum Price Prediction: Wall Street Giant JPMorgan Endorses ETH for Explosive Growth – Can Ethereum Overtake Bitcoin? appeared first on Cryptonews.

Digital Currency Group has sued its subsidiary, crypto lender Genesis, in the latest twist of a saga that's been unfolding since 2022.

The latest legal battle between Digital Currency Group and Genesis centered on a promissory note issued amid the collapse of Three Arrows Capital in 2022. Update (Aug. 15 at 11:40 pm UTC): This article has been updated to include a statement from Genesis’ counsel. Venture capital firm Digital Currency Group (DCG), the parent company of many entities tied to cryptocurrency and blockchain, has filed a complaint against two of its subsidiaries over a promissory note to guard against the 2022 default of Three Arrows Capital (3AC). In a Thursday filing in the US Bankruptcy Court for the Southern District of New York, DCG alleged that Genesis Global Capital and Genesis Asia Pacific, both under the venture capital firm, owed their parent company overpayments based on recoveries from 3AC. Read more

Cynthia Lummis has supported Scott Bessent’s statement that the U.S. has said it will not buy Bitcoin for the Strategic Bitcoin Reserve, favoring a budget-neutral path using forfeited assets and a possible gold revaluation, as Bitcoin has hit fresh highs. The post Cynthia Lummis Backs Budget-Neutral Bitcoin Reserve – Using Seized Crypto, Not Purchases appeared first on Cryptonews.

American Bitcoin is reportedly exploring acquisitions in Japan and Hong Kong to expand its Bitcoin stockpile. American Bitcoin, a cryptocurrency mining company linked to the Trump family, is reportedly looking to acquire at least one publicly listed company in Asia to further its Bitcoin (BTC) purchases. According to a Financial Times report, American Bitcoin wants to buy a company in Japan and potentially another in Hong Kong. It aims to follow the blueprint of Strategy, which to date has accumulated 628,946 BTC worth $73.8 billion at this writing. American Bitcoin’s “ambition is to build the strongest and most efficient Bitcoin accumulation platform in the world,” the company told the Financial Times on Friday. “While we are evaluating possibilities in certain regions, we have not made any binding commitments.” Cointelegraph contacted American Bitcoin but had not received a response at time of publication. Read more

With political pressure rising, the Fed has ended SR 23-7 and returned to routine review of bank crypto, stablecoin and DLT activities. Crypto oversight has continued under risk-based rules as FDIC and OCC have clarified custody, while ‘reputational risk’ has been dropped. The post Fed Scraps Crypto Oversight Program After Trump’s “Debanking” Outcry appeared first on Cryptonews.

DeFi Development Corp has bought 110,000 SOL for $22M, taking holdings to 1.42M SOL and lifting SOL per share 48% over 30 days. The company has staked all new tokens across validators, reports Q2 revenue of $1.98M and net income of $15.4M, and has estimated a ~10% annualized validator yield. The post DeFi Development Corp Bets $273M on 110K Solana as SOL Per Share Skyrockets 48% appeared first on Cryptonews.

BitMine has become the first corporate treasury to surpass 1 million Ethereum (ETH) in holdings after its stash climbed to 1.17 million ETH on Aug. 15, valued at over $5 billion. The firm added 317,126 tokens worth approximately $2 billion in a single week. BitMine chairman Tom Lee said on August 4 that the firm intends […] The post BitMine becomes the first company to surpass 1M ETH holdings worth over $5B appeared first on CryptoSlate.

Wellgistics is bringing Ripple’s XRP Ledger to 6,500 US pharmacies, one of the first large-scale blockchain payment systems in healthcare. Thousands of US pharmacies can now settle prescription drug payments in cryptocurrency through a new blockchain-based system running on Ripple’s XRP Ledger. The system was developed by Wellgistics Health, a prescription drug distributor and digital prescription routing provider for more than 6,500 pharmacies, in partnership with pharmaceutical software firm RxERP. According to the companies, the system enables pharmacies to pay for products and move funds, while recording all payments on the XRP Ledger and offering an alternative to traditional bank transfers for wholesale drug purchases. Read more

$FLOKI has slipped 5% to support near $0.00001050 while trading below key SMAs. Partnerships and listings have added catalysts: a Robinhood debut, Valhalla’s play-to-earn rollout, a Method esports tie-up, and a SIX ETP, as supply burns and institutional access have expanded. The post $FLOKI Pulls Back 4.9%: Is a Bullish Reversal Ahead After ETP Launch and Valhalla Rollout? appeared first on Cryptonews.

Digital Currency Group (DCG) has sued its lending subsidiary Genesis, asking a bankruptcy court to confirm it is owed more than $105 million plus interest on a financial backstop extended during the 2022 crypto downturn. The case, filed on Aug. 14 in the U.S. Bankruptcy Court for the Southern District of New York, centers on […] The post DCG sues Genesis over promissory note debt amid bankruptcy challenges appeared first on CryptoSlate.

Solana adoption explodes past 3 million wallets while macro tailwinds and neutral funding rates set the stage for a powerful breakout.