Crypto

A $20 billion AI hedge fund gained 439% through June, lost roughly two-thirds of its value in July, and sold most of a $16 billion public-stock portfolio as leverage turned against it. The collapse offers a warning for Bitcoin: when Wall Street needs cash quickly, the first asset sold may not be the one that […] The post The sudden collapse of a $20 billion AI fund reveals why Bitcoin is the first thing Wall Street sells when margin calls hit appeared first on CryptoSlate.

ETH outperformed in July but certain warning signs have appeared. Can August be green, too?

BNB Chain said a former employee allegedly used a company tutorial wallet to create a memecoin that the company says it did not authorize or endorse. BNB Chain, the blockchain ecosystem behind the BNB cryptocurrency, said it is pursuing legal action after a former employee allegedly used unauthorized access to a wallet to launch a memecoin. In an X post on Saturday, BNB Chain said the wallet was originally created for a video tutorial explaining how to launch tokens on BNB Chain. It said the former employee retained unauthorized access to the wallet’s seed phrase after leaving the company and later used the address to create a new token. Blockchain analytics platform Lookonchain subsequently alleged that the former employee deployed a meme token called Asteroid Shiba (ASTEROID) and used four newly created wallets to buy 796.7 million tokens, representing 79.67% of the total supply. Lookonchain further alleged that the wallets later sold 718.8 million tokens for 1,103 BNB, worth about $638,000 at the time of t...

XRP trades at $1.07 as SBI VC Trade and Orico launch Japan's first credit card loyalty-to-crypto conversion for XRP, BTC, and ETH. Here's what it means for price. The post XRP Price Prediction: Japan Just Made It Insanely Easy to Get Free XRP with a Credit Card appeared first on Cryptonews.

The July 28 futures snapshot shows a split reset, with trader motives and broader bullish confirmation still unresolved. The post Why a sudden 5,500 BTC drop in leveraged short positions failed to deliver the bullish confirmation Bitcoin traders wanted appeared first on CryptoSlate.

On April 9, 2025, Donald Trump told his Truth Social followers that it was “a great time to buy,” then announced a 90-day pause on many of his new tariffs a few hours later. The S&P 500 finished the day 9.5% higher, Bitcoin gained more than 5%, and crypto traders holding short positions lost $374 […] The post Donald Trump releases the $1.2 million data feed that lets Wall Street front-run his market-moving policy announcements appeared first on CryptoSlate.

Trump Media transferred another 2,628 Bitcoin to Crypto.com, bringing its reported sales over seven months to 7,281 BTC and leaving the company with 4,261 BTC in holdings. Trump Media & Technology Group, the company behind Truth Social, has made another major move involving its Bitcoin holdings, extending a series of recent sales. The company sold 2,628 Bitcoin (BTC) worth about $165 million through transfers to Crypto.com, blockchain analytics platform Lookonchain said in a Sunday X post, citing data from Arkham. Lookonchain said Trump Media bought 11,542 BTC at an average price of $118,522 before beginning to sell portions of its holdings seven months ago. Read more

Here's a quick recap on everything that transpired in the broader Ripple ecosystem last month.

Bitcoin users moved 39,600 BTC in small transactions as the Coldcard hack continued, with researchers warning that the attack remained active. Smaller Bitcoin transfers have reached levels not seen since the collapse of cryptocurrency exchange FTX amid an ongoing suspected Coldcard hack. Bitcoin transfers below 1 BTC climbed to their highest daily level since November 2022 on Friday, with 39,600 BTC moved, according to data shared by CryptoQuant head of research Julio Moreno on Saturday. The figure was just 300 BTC below the 39,900 BTC transferred on Nov. 16, 2022, days after FTX filed for bankruptcy. “The Bitcoin plebs had not moved this amount of BTC in a day since the FTX collapse,” Moreno said, adding that he was encouraged to see users “taking action.” Read more

ENA is the other big gainer over the 24 hours, followed by ADA.

Trump said the Strait of Hormuz might be reopened soon.

Despite the quarterly loss, Strategy increased its BTC holdings and continued reducing its outstanding convertible debt.

The company sold part of its treasury without debt, while its share count only narrowly outpaced an 11.89% LTC decline. The post Funding stock buybacks by selling your primary reserve asset is a dangerous game, but Lite Strategy just pulled it off without using a dime of debt appeared first on CryptoSlate.

ETHB alone kept Ether funds positive, leaving the $9 million gain too concentrated to confirm broad rotation. The post Bitcoin ETFs just bled $265M in a brutal 24 hours, and Ethereum’s supposed rescue is another BlackRock illusion appeared first on CryptoSlate.

All six reported a 0% 30-day SEC yield, while remaining holders face an automatic August cash redemption. The post Bitwise is liquidating six crypto option ETFs that offered 25% payouts while returning investors’ own capital appeared first on CryptoSlate.

An investor who owns Bitcoin through a brokerage account can finish work on Friday, check the closing price of a spot ETF, and assume the position is done moving for the week. Bitcoin, however, has other plans. Between Friday’s close and Monday’s opening bell, Donald Trump can announce a tariff, a war can escalate, oil […] The post How thin weekend Bitcoin liquidity turns minor geopolitical news into massive Monday price gaps for ETF holders appeared first on CryptoSlate.

DAAQ disclosed no reason for the delay and no redemption tally showing what remains in trust. The post Digital asset SPAC delays crucial merger vote, leaving a deeply undercapitalized Old Glory Bank waiting on a $50M lifeline appeared first on CryptoSlate.

Customarily, Michael Saylor and team have lifted the STRC dividend when it trades sizably below par, but not this month.

North Korea-linked attackers accounted for more than half of all stolen crypto funds in the first half of 2026.

A case tied to defunct crypto exchange FTX moves forward, a soldier seeks to dismiss over a Polymarket bet and a former congressman was ordered to pay $35,000 for manipulative trading. In a Friday filing with the US District Court for the Southern District of New York (SDNY) over campaign finance charges, Michelle Bond’s legal team asked the court to consider precluding evidence related to former FTX Digital Markets co-CEO Ryan Salame, her husband who is currently serving a 90-month sentence after he pleaded guilty in 2023. Bond faces campaign finance charges alleging that her unsuccessful 2022 congressional run in New York was partially funded by contributions from FTX facilitated by Salame. As part of the filings this week, Bond asked the court to exclude evidence of her husband’s guilty plea and “related plea materials,” in which the former executive admitted to making “political contributions in [his] name that were funded by transfers from the bank accounts” of an entity tied to FTX.  “The Court should p...