Crypto

Venture capital funding for crypto startups plunged in the second quarter of 2025, marking one of the weakest periods since late 2020. The post Crypto VC Funding Drops 59% to $1.97 Billion in Q2 2025 appeared first on Cryptonews.

Over the next ten years, trillions of dollars will move from baby boomers to younger heirs, who are more inclined toward digital assets, the report said.

Bitcoin fell below $113,000 as investors braced for Jerome Powell’s Jackson Hole speech that could set the US Fed’s path on interest rate cuts. Cryptocurrency investors were bracing for the US Federal Reserve’s annual gathering in Jackson Hole on Friday, where Chair Jerome Powell’s remarks may provide key signals on interest rate policy heading into September’s Federal Open Market Committee meeting. Bitcoin (BTC) briefly fell to $112,565 on Wednesday, a two-week low last seen on Aug. 3, Cointelegraph data showed. Bitcoin’s dip below $113,000 was a snapshot of “rising nerves in the market” as macroeconomic tensions surrounding Powell’s speech were causing “fear spikes” among digital asset traders, according to Ryan Lee, chief analyst at Bitget exchange. Read more

Price action has been spooky already heading into the infamous 'Ghost Month' kicking off this Saturday - will it get worse?

Aave has recovered the $290 level in a potential reversal – AAVE price predictions now eye a continuation of its bull run amid rampant ecosystem growth. The post What is Happening with Aave? AAVE Price Defies Market Trends, Spikes Above $290 appeared first on Cryptonews.

Ethereum crashes to $4,063 amid massive institutional selling as ETF giants BlackRock, Fidelity, and Grayscale offload $422M worth of ETH within 24 hours triggering $172.9M in liquidations and raising questions about the end of ETH's 200% rally. The post Ethereum Crashes to $4,063 as BlackRock, Fidelity, Dump $422M Worth of ETH – Rally Over? appeared first on Cryptonews.

In the past 24 hours, the price of ADA has retreated by nearly 10%. Even though most cryptos have gone down during this period, its decline has outpaced that of other altcoins. Does this unexpected drop favor a bearish Cardano price prediction?Trading volumes during this period have increased to $2.5 billion, accounting for 8% of […] The post Cardano Price Prediction: ADA Price Crashes 10% Overnight – What’s Going On? appeared first on Cryptonews.

Bitcoin bulls are struggling to establish a low around $113,000, with weak price and volume performance.

Does Bullish's decision to receive the proceeds of its $1.15 billion IPO in Solana-based stablecoins mean that a big SOL rally is coming? The post Altcoin Season On? Is SOL About to See a Major Price Spike as Bullish Bets on Solana Stablecoins for $1.15B Capital Raise? appeared first on Cryptonews.

China’s cabinet will review a roadmap that includes yuan-pegged stablecoins to bolster yuan internationalization, sources told Reuters. China, one of the most restrictive global jurisdictions for cryptocurrencies, is reportedly considering allowing Chinese yuan-backed stablecoins in what would be a major policy reversal. Chinese authorities may authorize yuan-backed stablecoins for the first time to promote global use of its currency, Reuters reported on Wednesday, citing sources familiar with the matter. If approved, China’s plan for stablecoin use would mark a major shift in its approach to crypto after the country banned crypto trading and mining in September 2021. Read more

Spot ether ETFs have seen growing demand with cumulative net inflows now more than $13 billion, up from $2.6 billion in April, the report said.

U.S. stock index futures slipped and Japanese bond yields rose as risk aversion crept into markets.

Analysts argued investors are scaling back risk ahead of Powell's Jackson Hole speech amid uncertainty over Fed policy.

Crypto advocacy groups accuse Wall Street bankers of trying to tilt stablecoin rules in their favor, warning Congress against changes to the GENIUS Act. Two of the crypto industry’s leading advocacy bodies are pushing back against Wall Street bankers’ latest attempt to roll back the United States’ newly minted stablecoin law. In a joint letter to the Senate Banking Committee on Tuesday, the Crypto Council for Innovation (CCI) and the Blockchain Association urged lawmakers to reject recommendations from the American Bankers Association (ABA) and state banking groups. As reported, several US banking groups, led by the Bank Policy Institute (BPI), have urged Congress to tighten the GENIUS Act by closing what they call a loophole that could allow stablecoin issuers and their affiliates to pay yields indirectly. Read more

The SkyBridge Capital boss predicts major institutional investment will continue, with the likes of JPMorgan mainly backing Bitcoin ETFs.

A US judge ruled EminiFX and its founder, Eddy Alexandre, must repay $228 million after running a Ponzi scheme that defrauded thousands of investors. A federal judge in New York ordered Eddy Alexandre, founder of the collapsed crypto platform EminiFX, to pay more than $228 million in restitution after ruling the company was a Ponzi scheme that defrauded tens of thousands of investors. The US Commodity Futures Trading Commission (CFTC) secured a summary judgment against Alexandre and EminiFX, with US District Judge Valerie Caproni holding them jointly liable for more than $228 million in restitution and an additional $15 million in disgorgement, according to a Tuesday court filing. “Defendants Alexandre and EminiFX are jointly and severally liable to pay restitution in the total amount of $228,576,962,” the court ruled. “Defendant Alexandre is liable to pay disgorgement in the amount of $15,049,500.” Read more

Pump.fun regained its market dominance in the Solana memecoin launchpad space, gaining over 73% in market share in the last seven days. Solana-based memecoin launchpad Pump.fun recorded one of its strongest revenue weeks of 2025 in mid-August as the sector recovered from a dip earlier this month.  Decentralized finance (DeFi) data tracker DefiLlama showed that Pump.fun generated $13.48 million between Aug. 11 and Sunday, the platform’s strongest weekly revenue performance since February.  The increase came after a sharp revenue drop from July 28 to Aug. 3. During that time, Pump.fun brought in only $1.72 million in weekly revenue, its lowest since March 2024. This contributed to the platform’s revenue drop in July, its lowest monthly revenue this year.  Read more

Spot Bitcoin ETF outflows jumped over 300% to $533 million on Tuesday, while Ether ETFs doubled their losses to $422 million, adding to a three-day streak of withdrawals. Cryptocurrency investment products expanded their losses on Tuesday, with Bitcoin fund outflows surging more than 300% and Ether losses doubling, both ranking as the second-largest outflows this month. Spot Bitcoin (BTC) exchange-traded funds (ETFs) saw $523 million in outflows on Tuesday, rising more than fourfold from Monday, according to Farside Investors data. Ether (ETH) ETFs also recorded major losses, with outflows doubling from $200 million on Monday to $422 million. Read more

After making nearly $7 million in four months, the trader lost almost all their gains in two days, illustrating the unpredictability of the crypto markets. A cryptocurrency trader who recently increased their account from $125,000 to more than $43 million was almost liquidated on Wednesday for $6.2 million after Ether briefly fell near the $4,000 level. The liquidation took place on the decentralized exchange Hyperliquid as Ether (ETH) dipped close to $4,000 amid a broader market correction, highlighting the volatility that can catch even seasoned traders off guard. It came two days after the trader had turned an initial investment of $125,000 into more than $43 million at its peak, before locking in nearly $7 million worth of profit on Monday, Cointelegraph reported. Read more

ARK Invest snapped up $21 million worth of Bullish and $16 million of Robinhood shares, extending its buying streak despite a sector-wide sell-off. Cathie Wood’s ARK Invest doubled down on crypto-linked equities, scooping up shares of Bullish and Robinhood amid a broad sector sell-off. According to Tuesday’s trade notifications, ARK Invest’s flagship ARK Innovation ETF (ARKK) purchased 356,346 shares of Bullish, valued at about $21.2 million, and 150,908 shares of Robinhood Markets, worth $16.2 million. Last week, ARK Invest went big on Bullish, acquiring 2.53 million shares, worth $172 million, across three ETFs after the crypto exchange’s debut on the New York Stock Exchange. Read more