Crypto

One of Ethereum's most closely watched on-chain indicators has undergone a dramatic reversal.

Phase II handovers are expected to begin in 2027 as the project company takes on fixed cash costs. The post The brutal $346M math behind Galaxy’s high-stakes race to build CoreWeave’s Texas AI mega-center appeared first on CryptoSlate.

The Senate leaves town in two weeks. Here's what needs to happen for Clarity to advance before then.

For the second time this year, the regulator told prediction markets to stop issuing overly broad, template-style certifications of events contracts. For the second time this year, the US Commodity Futures Trading Commission (CFTC) issued a warning to prediction markets operators to follow the rules when creating contract certifications that operators consider cover a broad swath of events contracts. The CFTC, which claims to be the primary regulator of prediction markets, on Friday issued an advisory clarifying that, notwithstanding ongoing policy discussions and proposed rulemaking concerning prediction markets, the markets retain the ability to certify event contracts as compliant with the Commodity Exchange Act and CFTC regulations without prior commission approval, subject to the statutory framework governing self-certification. The agency on Friday warned about the number of instances of events contracts that are “self-certified” by the platforms under the agency’s jurisdiction “without supplying the te...

Section 20216 of the latest CLARITY draft states that a self-custodied digital asset cannot become abandoned, unclaimed, or forfeited. It also cannot become subject to adverse possession or finder's title solely because its owner has not moved it or otherwise shown continued interest. The language overrides state and local laws that treat years of wallet […] The post Lawsuit claims 3.8M dormant BTC using police lost-and-found rules as Congress races to stop it with CLARITY appeared first on CryptoSlate.

Voluntary sales removed KULR’s collateral risk and Smarter Web’s near-term maturity and 7.7 million potential shares. The post Why two public companies quietly liquidated 511 Bitcoin in 24 hours to escape $31.7 million in debt appeared first on CryptoSlate.

Russia’s biggest bank plans to create cryptocurrency trading infrastructure by Dec. 1 as the country is set to establish rules for market participants while allowing crypto assets to be used in foreign trade operations. Sberbank, Russia’s biggest bank, plans to build cryptocurrency trading infrastructure including a digital depository no later than Dec. 1 as the country brings crypto trading, custody and settlement into its regulated financial system. That digital depository, Interfax reported, will record ownership of cryptocurrency and process most transactions outside of the main blockchain. Sberbank will operate active wallets for client-initiated deposits, withdrawals and transfers. “One of the key elements of the new infrastructure will be a digital depository, which will maintain records of clients’ cryptocurrency rights and account for transactions outside the main blockchain,” said Alexander Vedyakhin, first deputy chairman of Sberbank’s management board, the state-affiliated press service said. “It ...

Meanwhile, XRP's breakout attempt was halted in its tracks once again.

Traders spent most of July with a pretty good explanation for why Bitcoin wouldn't move. A dense cluster of options contracts had the price boxed in, they argued, because the dealers who sold those contracts were buying every dip and selling every rally to keep their own books balanced. Clear the contracts away, and Bitcoin […] The post Bitcoin traders ran out of excuses for the market’s flatline – and now a $2.5 billion bet is running out of time appeared first on CryptoSlate.

Ten dairy cows in Paraná, Brazil, carried encrypted identities that Cowmed collars had built from each animal's health, behavior, and location data into B3 this week. Those identities turned the cows into collateral for nearly $20,000 in credit, and the record behind them aims to shrink the haircut lenders apply and stop lenders from pledging […] The post How 10 cows in Brazil unlocked a tokenized path to bridge an $8 trillion global finance gap appeared first on CryptoSlate.

After two years of silence from Thinking Machines Lab, Murati's debut model is out and on OpenRouter. The MCP score is genuinely impressive. The price-to-performance math is more complicated.

Ripple’s token is showing signs of stabilization after the sharp decline from higher levels, but the recovery remains limited by a series of resistance zones that continue to attract sellers. While buyers have defended the recent lows, the market still needs a clear structural breakout before a stronger upside move can be considered. Ripple Price […]

Coinbase began offering US perpetual-style futures on its CFTC-regulated derivatives exchange, starting with nano Bitcoin and Ethereum contracts that track spot prices, carry embedded leverage, and trade around the clock. This is a financial product that's responsible for most of the crypto leverage in the world, and it's now crossed into the US market. Aside […] The post Multi-trillion-dollar offshore engine driving 90% of crypto trading arrives in America – and CME is suing to crush it appeared first on CryptoSlate.

After staging an impressive rebound from its local bottom, Ethereum is beginning to test increasingly important resistance levels. The coming sessions should provide more clarity on whether this recovery has enough momentum to continue. Ethereum Price Analysis: The Daily Chart The daily chart shows ETH holding above the previously broken descending trendline, confirming that the […]

Dormant BTC activity fell to its lowest level since Q3 2022, suggesting long-term holders have slowed distribution after heavy profit-taking. Dormant Bitcoin movement in the second quarter fell to its lowest level since the third quarter of 2022, according to data shared by Alex Thorn, Galaxy’s head of firmwide research. Coin days destroyed, a metric that gives greater weight to older coins, showed a similar decline. Thorn said the earlier spikes were driven by “OGs taking profit,” similar to the pattern seen during Bitcoin’s 2017 bull market, suggesting long-term holders have slowed selling after elevated distribution in 2024 and 2025. Read more

The Commodity Futures Trading Commission again issued an advisory that signals firms have been straying into cookie-cutter self-certification.

Bitcoin is trading near $64,500 this weekend, sitting between $65,000 resistance above and $62,500 support below, the two prices that will define its week. Bitcoin climbed as high as $66,990 on July 21, a one-month high, before slipping back under $65,000 and turning that former breakout line into overhead resistance. Trading volume over the past […] The post Bitcoin price has a $64.5k trap as Sunday’s close forces traders between a $68k relief rally or a drop to $60k appeared first on CryptoSlate.

The native token plummeted by roughly 60% after the announcement.

Alpaca says it custodies more than $1.5 billion of shares backing tokenized equities, which, by public tracker measurements, would represent most of the market. With DTCC preparing to launch its own tokenization service in October and the SEC warning that third-party stock tokens can expose investors to additional ownership and intermediary risks, the numbers reveal […] The post Crypto promised to eliminate stockbrokers, but 94% of its tokenized market now relies on an Alpaca appeared first on CryptoSlate.

We will also review the native token's price moves within the same timeframe.