Crypto

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.

Bullish’s blockbuster IPO headlines a week of big crypto moves — from Pantera’s $300 million treasury bet to BitMine’s $24.5 billion Ether grab. The 2024–2025 crypto bull market will be remembered for many things: the runaway success of Bitcoin exchange-traded funds, the surge in institutional adoption, and a wave of industry IPOs. Digital asset exchange operator Bullish is the latest crypto-native company to join the IPO rush, aiming to replicate the public market success of stablecoin issuer Circle and Bitcoin-friendly design platform Figma, which recently went public. Bullish’s case stands out: The company has raised its IPO price multiple times, signaling strong investor demand. Its Securities and Exchange Commission (SEC) filing revealed early interest from subsidiaries of BlackRock and ARK Investment Management. Read more

The cryptocurrency, allegedly linked to ransomware proceeds, is expected to be added to the US crypto reserve. The US Justice Department has authorized the seizure of more than $2.8 million in cryptocurrency along with cash and other assets as part of a criminal case against an alleged ransomware operator. In a Thursday notice, the Justice Department said it had unsealed six warrants authorizing the seizure of $2.8 million in crypto from a wallet controlled by Ianis Aleksandrovich Antropenko, as well as $70,000 in cash and a luxury vehicle. He has been charged with conspiring to commit computer fraud and abuse, computer fraud and abuse, and conspiracy to commit money laundering. Read more

The head of RippleX, the team behind the development of the XRP Ledger, recently highlighted why the network is uniquely suited for launching real-world assets – a case that supports a bullish XRP price prediction.In a blog post published earlier this week, Markus Infanger explained that XRP Ledger features a built-in decentralized exchange (DEX), removing […] The post XRP Price Prediction: Ripple Exec Says XRPL Is Perfect for “Real-World Assets” – Trillions of Dollars Coming to XRP? appeared first on Cryptonews.

Myriad traders are bullish on XRP, placing the odds at nearly 64% that the Ripple-linked token shoots for the moon. Do the charts agree?

Aave reached multiple all-time highs this week, fueled by the heated crypto market. The money market protocol reached $3 trillion in cumulative deposits on Aug. 15, while surpassing $29 billion in active loans on August 13, according to Token Terminal data. Additionally, Aave’s total value locked (TVL) climbed to a record high above $40 billion on […] The post Aave reaches multiple all-time highs as protocol hits $3 trillion deposits appeared first on CryptoSlate.

Bitcoin falls below $117,000 again, raising worries about the upcoming “ghost month.” Are traders bracing for more losses or buying the dips? Key takeaways: Bitcoin marks its steepest pullback in a month, with the ghost month trend hinting at further downside to $105,000. Onchain data shows a rise in US and Korean spot demand, pointing to a short-term recovery. Read more

Firms like Strategy, Tesla, and Coinbase have purchased billions of dollars worth of Bitcoin between them. These are the biggest whales.

Stablecoins have been projected by Keyrock and Bitso to surpass $1T in annual payments by 2030. USDT and USDC have expanded, while lower on-ramp fees via Coinbase–MetaMask on Base and cash access through Stellar’s work with MoneyGram Ramps in 170+ countries have supported adoption. The post Stablecoins Surge as On-Ramp Fees Fall – Coinbase, MetaMask Target Cheaper USDC appeared first on Cryptonews.

HYPE has remained resilient after Aug. 14 as market traction has increased: $29B 24h volume, $7.7M fees and price near $48, up on the day and week and ~3.3% below the July high. TVL has climbed to $610M and quarterly revenue to about $140M, alongside new custody and stablecoin integrations. The post HYPE Erupts as Market Bleeds – $29B Volume, 35% Odds Indicate $100 Breakout appeared first on Cryptonews.

Atkins said the Securities and Exchange Commission would work to broaden access to investments typically reserved for accredited investors. US Securities and Exchange Commission Chair Paul Atkins signaled that the regulatory agency will work with US President Donald Trump’s administration to allow retail investors equal opportunities to invest in private equity. Atkins cited the recent Trump executive order to allow crypto and alternative assets in 401K retirement accounts — tax-sheltered retirement plans funded by individuals and their employers — as the catalyst for the effort. He told Fox Business on Saturday:  However, Atkins urged caution and putting the “proper guardrails” around alternative investments. “We can't just fling the gates open and have investors rush in where one has to be careful,” he said. Read more

New York Assemblymember Phil Steck introduced legislation that would charge an 0.2% tax on crypto transactions across the Empire State.

A new type of buyer who “never sells” is scooping up Bitcoin from long-time holders — a bullish catalyst for BTC, says Bitcoin OG Udi Wertheimer in an exclusive Cointelegraph interview. In an exclusive interview with Cointelegraph, crypto commentator Udi Wertheimer lays out a provocative thesis: Over the last five years, institutions have been quietly buying out old Bitcoin (BTC) holders — and it’s reshaping the market in a way few have appreciated. “For the last five years, they’ve been buying out old holders of Bitcoin,” Udi explains. “Both kind of old Bitcoin maxis, but also… people who always had some portion of Bitcoin and have been selling it over time to get into ETH (ETH) or Solana (SOL) or whatever.” Those new buyers aren’t flippers, they’re “forced buyers.” Udi points to Michael Saylor’s Strategy as the prime example: “If Saylor stops buying Bitcoin for a sustained period of time, his company loses all of its value… he has to keep coming up with more new, original ways to raise capital to buy Bitcoi...

Crypto regulation has dominated U.S. developments this week: Warren has warned on weak oversight, the SEC has shifted to policy, Wisconsin has targeted ATMs, Trump Media has moved on a spot BTC ETF, banks have pressed Congress on stablecoin yield, and Treasury has clarified reserve plans. The post Weekly Crypto Regulation Roundup: Trump Media’s Bitcoin ETF and SEC Clarity Push appeared first on Cryptonews.

Over $500M in ETH withdrawn or sold by whales, hackers, and the Ethereum Foundation as transfers and staking inflows surge.

Brevan Howard became the largest institutional shareholder of BlackRock’s iShares Bitcoin Trust (IBIT) by increasing its holdings by 71% between the first and second quarters of 2025. According to a filing with the US Securities and Exchange Commission (SEC) of its latest 13F form, the hedge fund now holds approximately 37.5 million IBIT shares valued […] The post Brevan Howard reports $2.3B Bitcoin exposure via BlackRock’s IBIT ETF, becoming second-largest holder appeared first on CryptoSlate.

SharpLink now holds $3.5 billion worth of ETH, maintaining its rank as the token's second-largest corporate holder, according to its Q2 filing. SharpLink Gaming, an online gaming company with the second-largest corporate Ether treasury, announced a net loss of $103 million for the second quarter of 2025, driven by a paper loss from accounting for liquid staked Ether (LsETH). The loss marks a steep drop from a $500,000 loss in the same period of 2024 — a year-over-year change of -25,980%. According to a Friday announcement, SharpLink now holds 728,804 Ether (ETH) worth approximately $3.5 billion at this writing. The only publicly traded company with more ETH is BitMine Immersion Technologies, which holds a little more than 1.15 million ETH worth approximately $5.1 billion. Of SharpLink’s Q2 loss, $87.8 million — or 85% — is related to the company’s LsETH. A SharpLink representative told Cointelegraph that the company still has all its LsETH and that the impairment “reflects accounting rules, not a sale or loss...

SharpLink Gaming stock fell Friday as the Ethereum treasury posted $103 million in net losses for Q2 and as ETH dipped below $4,400.

Bitcoin and Ether’s pullback suggests selling on rallies, but buyers are likely to step in at key support levels. Key points: Bitcoin’s pullback is finding support near $117,000, indicating buying on dips. Ether has given up some ground but is likely to find support near $4,094. Read more