Crypto

Grayscale reappoints founder Barry Silbert as chairman and hires top Wall Street talent as it looks to defend its ETF revenue lead and sharpen its institutional edge. Grayscale Investments has expanded its executive team and board as part of its “next phase of growth,” adding four financial industry veterans to key leadership roles and reappointing founder Barry Silbert as board chairman. The expanded leadership team includes Diana Zhang as chief operating officer, Ramona Boston as chief marketing officer, Andrea Williams as chief communications officer and Maxwell Rosenthal as chief human resources officer. The newly appointed executives come from traditional finance firm like Bridgewater, Apollo, Goldman Sachs and Citadel. Read more

Paul Atkins has reaffirmed the SEC intention to anchor the next chapter of financial innovation in the United States. In a speech and X post, he unveiled Project Crypto, an agency-wide plan to modernize securities rules, provide clear token classifications, and strengthen domestic crypto markets. The post SEC Chair Paul Atkins Pledges To Keep Crypto Development On U.S. Soil appeared first on Cryptonews.

Bitcoin’s trading patterns are shifting significantly, as spot exchange-traded funds (ETFs) reshape the landscape. Since their launch in January 2024, Bitcoin’s price volatility has declined to levels not seen before. On August 4, Bloomberg ETF analyst Eric Balchunas pointed out that Bitcoin’s 90-day rolling volatility has now fallen below 40, its lowest point since the […] The post Bitcoin volatility hits record low as ETFs influence market conditions appeared first on CryptoSlate.

The Open Network and Telegram inked an "exclusivity deal” last month.

Key phrasing in the GENIUS Act permits payment platforms and crypto exchanges to continue to offer yield to holders, despite bans on issuers doing the same.

CFTC has partnered with the SEC on a fast-tracked crypto sprint after a White House report urged the US to lead the sector. The plan rolls out 24/7 markets, perpetual derivatives, pilot programs, and clearer token classes while seeking Congress support for broader oversight. The post US Regulators Begin ‘Crypto Sprint’ as CFTC Teams with SEC on Trump’s Crypto Plan appeared first on Cryptonews.

The GENIUS Act’s ban on yield could dampen the appeal of digital dollars, particularly as tokenization efforts in traditional finance gain momentum. The recent passage of the US GENIUS Act was widely celebrated as a major step forward for stablecoin adoption, but a key provision may curb the appeal of digital dollars compared to money market funds, raising questions about whether the bill’s authors were swayed by banking industry pressure to restrict yield-bearing stablecoins. The GENIUS Act expressly bans issuers from offering yield-bearing stablecoins, effectively preventing both retail and institutional investors from earning interest on their digital dollar holdings. Because of this, Temujin Louie, CEO of crosschain interoperability protocol Wanchain, cautioned against viewing the legislation as an unqualified win for the industry. Read more

ChatGPT's XRP Analysis has integrated 24 technical indicators with Ripple's banking-license efforts to outline a bullish breakout above $3.05. Even with 42 banks opposing the license, XRP holding above all major EMAs and rising volume suggests scope to advance toward $3.15 or base above $3.00. The post ChatGPT’s XRP Analysis: Bullish Setup Above $3.05 Despite 42-Bank Blockade on Ripple appeared first on Cryptonews.

Bullish, the institutional crypto exchange backed by tech billionaire Peter Thiel, is targeting a valuation of up to $4.23 billion in its U.S. initial public offering, according to a regulatory filing submitted on Aug. 4. The company is offering 20.3 million shares priced between $28 and $31, potentially raising as much as $629.3 million, Reuters […] The post Peter Thiel-backed Bullish seeks $4.2B IPO amid policy shifts in the US appeared first on CryptoSlate.

Bitcoin rebounds from $113K amid global regulatory shifts and French nuclear mining plans. Will BTC break $115K resistance and head for $118K? The post Bitcoin Price Prediction: BTC Rebounds from $113K as $118K Target Looms Amid Global Crypto Shake-Up appeared first on Cryptonews.

$BONK has recovered 3% after testing Fibonacci support and has continued to rank as the 46th-largest cryptocurrency. Nearing 1M holders, it has promised a 1T token burn, won a place on Grayscale's Q3 watchlist, and secured partnerships that blend adoption with deflationary pressure. The post Is $BONK Ready to Rally? 3% Rebound Indicates Strong Key Support appeared first on Cryptonews.

The Solana treasury company bought the dip, boosting its Solana holdings.

Chainlink's new product aims to support the next wave of tokenized real-world assets.

Ethena founder said that USDe supply is up $3.1 billion in over 20 days, with more inflows than all BTC ETFs combined.

Verb Technology Company, Inc. has secured $558M in a private placement and has announced a rebrand to TON Strategy Co. It has earmarked most proceeds for Toncoin, seeking to rank among the largest institutional holders and transition its treasury management toward TON-focused blockchain assets. The post Nasdaq’s VERB Lines Up $558M to Load 5% of TON – Shares Rocket 193% appeared first on Cryptonews.

Stacking bullish fundamentals stand to nudge Cardano (ADA) closer to the coveted $10 valuation, backed by 96.6 million ADA in funding. The post Cardano Price Prediction: Treasury Approves $70 Million Network Upgrade Plan – $10 ADA Just Weeks Away?  appeared first on Cryptonews.

Compass Point analysts view cooling interest in crypto trading among retail investors as a potential headwind for the exchange.

The Bitcoin miner started stacking ETH just 35 days ago.

In early August, Altcoin Season speculation has continued even as Bitcoin commands 60% dominance. Traders have rotated into Hyperliquid for its on-chain derivatives, Pump.fun for meme-driven liquidity, and Conflux for utility-led activity, seeking pockets of performance while the index rises. The post Hyperliquid, Pump.fun, Conflux Lead August Altcoin Season Mini-Rally – Is a Rotation Here? appeared first on Cryptonews.

Verb Technology is raising $558 million and rebranding as TON Strategy Co., becoming the first public company to hold Toncoin as a treasury asset. Verb Technology Company's stock skyrocketed more than 200% intraday on Monday after it announced a $558 million PIPE deal and a pivot toward crypto. The social commerce company said it plans to rebrand as TON Strategy Co., becoming the first publicly traded treasury reserve vehicle for Toncoin (TON), the native token of Telegram’s blockchain ecosystem. The offering included about 58.7 million shares and pre-funded warrants priced at $9.51. Investor enthusiasm around the company’s move into crypto sent the stock soaring to a high of $29.33 before settling to about $27 at time of writing, according to Google Finance. Read more