Crypto

Three high-profile exploiters have taken advantage of ether’s rally to liquidate stolen funds, pocketing tens of millions in extra profits.

While the macro narrative weighs heavily, technicals lend to further upside for SOL – Solana price prediction still eyes $500 The post Solana Price Prediction: Technicals Point to More Upside – Can SOL Hit $500 Within 2 Weeks?  appeared first on Cryptonews.

Top Win International, Taiwan’s first publicly traded corporate Bitcoin treasury, raised $10 million to kick off its BTC purchases. Taiwan’s first publicly traded corporate Bitcoin treasury, Top Win International, raised $10 million to kickstart its BTC accumulation efforts. The luxury watchmaker-turned-Bitcoin treasury announced Friday it raised $10 million from a group of investors led by zipper producer and software company WiseLink. The raise was accompanied by private investments from Chad Koehn, founder and CEO of United Capital Management of Kansas, alongside four other investors. WiseLink purchased three-year convertible notes issued by Top Win. The investment followed a memorandum of understanding between the two companies outlining a yet-to-be-disclosed collaboration. Read more

Major Wall Street institutions, including Wells Fargo, Cantor Fitzgerald, and Jane Street, have sharply increased their Bitcoin-related holdings over the past months. These firms’ portfolio updates on the stock analytics platform Quiver Quantitative reveal they are investing billions in the top crypto via exchange-traded funds and crypto-focused equities like Strategy (formerly MicroStrategy). Bitcoin ETFs allow […] The post Wall Street titans quietly amass billions in Bitcoin ETFs and crypto stocks appeared first on CryptoSlate.

Buyer exhaustion may set the stage for a correction in August before investor capital surges into altcoins, as in previous market cycles. Investor sentiment toward cryptocurrencies surged this week, with growing retail interest in altcoins suggesting Bitcoin’s recent euphoria phase may be nearing an end, according to analysts. The crypto asset sentiment index rose from 0.23 to 0.91 within a week, according to Max Shannon, senior research associate at crypto index fund manager Bitwise. Google searches for altcoins and Ethereum also rose to a multiyear high, reminiscent of prior bear markets, which may signal a growing investor mindshare for altcoins and Ether (ETH), following Bitcoin’s latest all-time high above $124,000. Read more

Crypto ATMs are facing increasing pressure from regulators, including bans at the municipal level. Crypto kiosks or automatic teller machines (ATMs) are facing increasing pushback from US regulators amid concerns about fraud and crime. Once seen as a bellwether of crypto adoption, crypto ATMs, which allow users to buy or convert crypto anonymously, are increasingly under lawmakers’ microscope. Critics and regulators have flagged numerous cases in which the machines are used to commit or facilitate illicit activity. The Federal Bureau of Investigation (FBI) has noted an increasing amount of money related to criminal activity going through crypto ATMs. In 2024, the FBI received nearly 11,000 complaints of fraud cases at crypto kiosks, valuing over $246 million.  Read more

The firm, led by Mike Novogratz, projected its deal with AI cloud firm CoreWeave could generate $1 billion in annual revenue over 15 years.

SEC Chair Paul Atkins appeared on "Mornings With Maria" to discuss his recently announced "Project Crypto.

Critics misunderstand the GENIUS Act’s actual influence. It doesn’t free Bitcoin from taxes but breaks Wall Street’s stranglehold on dollar clearing. Opinion by: Zachary Kelman No, the GENIUS Act doesn’t remove all government control over money. It doesn’t make Bitcoin tax-free. It doesn’t “legalize” decentralized finance (DeFi). And no — it’s not a Trojan horse for a Mark-of-the-Beast-style CBDC, especially with the anti-CBDC provisions passed alongside it. What the GENIUS Act does — and what we should cheer — is break the stranglehold that a handful of powerful banks and regulators have maintained over global dollar clearing for decades. It ends their monopoly on who gets access to clean dollars — and makes their quiet mandate to monitor how that money is used, and whether it aligns with political agendas in Washington or on Wall Street, far more difficult — perhaps even out of reach. Read more

BTC retraced after its all-time high but all eyes are now on today's big meeting.

Galaxy Digital secured $1.4 billion to expand its Texas Helios AI data center, expecting $1 billion in annual revenue from a 15-year CoreWeave partnership. Mike Novogratz’s Galaxy Digital closed a $1.4 billion secured term loan facility to accelerate the development of its Helios artificial intelligence datacenter campus in Texas.  On Friday, the company announced that the loan will cover about 80% of the construction costs for the first phase of the project, with Galaxy Digital contributing $350 million in equity. According to a US Securities and Exchange Commission filing, the loan is secured by all assets of Galaxy Helios I, a subsidiary of Galaxy Digital, and it will mature on Aug. 15, 2028.  The capital will fund the expansion of the Helios AI datacenter to deliver power for AI workloads under a long-term agreement with the Graphics Processing Unit (GPU) cloud provider CoreWeave starting early 2026.  Read more

Cardano (ADA) was also a top performer, rising 3.4% from Thursday.

BONK stabilizes after testing major support, with institutional traders eyeing potential upside from current consolidation zone

Bitcoin and Ether were firm "buy the dip" targets for ETF investors, with reactions celebrating continued institutional demand despite a BTC and ETH price correction. Key points: BlackRock’s Bitcoin and Ether ETFs bought over $1 billion on Thursday while prices tanked 5% or more. Institutions were interested in “buying the dip” on both assets, a reaction says. Read more

The raise will be used to build out their yield infrastructure for traders, protocols, and institutions that are tapped into the Hyperliquid ecosystem.

Prosecutors claim that Ianis Aleksandrovich Antropenko deployed Zeppelin ransomware to attack individuals and organizations worldwide.

The Bank for International Settlements floated a compliance score for crypto-to-fiat off-ramps, using transaction history to flag and potentially freeze “tainted” assets. The Bank for International Settlements (BIS) has proposed a provenance-based risk score system for crypto-to-fiat off-ramps. In its Wednesday BIS Bulletin, the institution outlined “an approach to anti-money laundering compliance for cryptoassets,” recommending that a compliance score be assigned to crypto holdings before they are exchanged for fiat currency. “An AML compliance score based on the likelihood that a particular cryptoasset unit or balance is linked with illicit activity may be referenced at points of contact with the banking system,” the document said. The score would then be used to prevent inflows of illicit funds and encourage a “duty of care” among crypto market participants. Read more

What's next for BTC after this week's ATH and subsequent correction?

Hayes's latest crypto purchase doesn't include BTC but some of the top-trending altcoins.

ETH ETFs continue to see near-record inflows, and Hyperliquid is setting records in volume and fees.