Crypto

Bitcoin mining operators are putting less of a strain on Paraguay’s power grid than engineers initially predicted, the nation’s power provider says. The post Bitcoin Mining Not Causing Any Energy Issues, Says Paraguay Power Provider appeared first on Cryptonews.

The most popular US stocks in South Korea are Ethereum treasuries and crypto companies, Ant Group denies Yuan stablecoin plan. Asia Express. South Korean retail investors are selling off their big tech shares such as Tesla and Alphabet in favor of Ethereum-related stocks, The Korea Economic Daily reported, citing data from the Korea Securities Depository. Tesla has long been a fixture in the top net-buy rankings for Korean retail investors, but it was sold off in the past month with around 1 trillion won ($721.6 million) in net sales. Alphabet and Apple were also heavily sold, with net sales of about 230 billion won ($166 million) and 300 billion won ($216 million), respectively. These retail investors are locally called seohak ants. Seohak translates to Western learning, but in domestic finance lingo, it refers to foreign stock investors. Ants is a local nickname for retail investors, alluding to their small size but large numbers compared to institutional whales. Read more

The most popular US stocks in South Korea are Ethereum treasuries and crypto companies, Ant Group denies Yuan stablecoin plan. Asia Express. South Korean retail investors are selling off their big tech shares such as Tesla and Alphabet in favor of Ethereum-related stocks, The Korea Economic Daily reported, citing data from the Korea Securities Depository. Tesla has long been a fixture in the top net-buy rankings for Korean retail investors, but it was sold off in the past month with around 1 trillion won ($721.6 million) in net sales. Alphabet and Apple were also heavily sold, with net sales of about 230 billion won ($166 million) and 300 billion won ($216 million), respectively. These retail investors are locally called seohak ants. Seohak translates to Western learning, but in domestic finance lingo, it refers to foreign stock investors. Ants is a local nickname for retail investors, alluding to their small size but large numbers compared to institutional whales. Read more

Crypto price prediction today reports on Bitcoin’s new ATH, surging altcoins, and recent U.S. policy moves shaping the $2.3T crypto market. Analysis covers XRP, Sei, OKB, and presale project Bitcoin Hyper amid speculation of an ongoing post-halving bull run. The post Crypto Price Prediction Today 14 August – XRP, Sei, OKB appeared first on Cryptonews.

Treasury Secretary Scott Bessent confirmed the government may still expand its Bitcoin (BTC) holdings on Aug. 14, backtracking remarks made a few hours earlier. Bessent had told reporters during a television interview in the morning that the Strategic Bitcoin Reserve would remain at its current level. He said the reserve would consist of approximately $15 […] The post Bessent backtracks, says Treasury committed to ‘exploring budget-neutral pathways’ to add Bitcoin appeared first on CryptoSlate.

Biswarup Chatterjee is positioning $2.57T Citi as the Wall Street vault behind stablecoins’ Treasuries and crypto ETFs’ keys, now that the GENIUS Act forces full-reserve backing. The post Citigroup Weighs Stablecoin and Crypto ETF Custody—$2.57T Giant Eyes Payments Push appeared first on Cryptonews.

Bitmain recently announced it would open its first BTC mining hardware manufacturing facility in the United States by the end of 2025. American Bitcoin, a Bitcoin (BTC) mining company backed by members of US President Donald Trump’s family, exercised an option to purchase up to 17,280 application-specific integrated circuits (ASICs), hardware for crypto mining, from Bitmain earlier this month. The mining company purchased a fleet of 16,299 Antminer U3S21EXPH units from Bitmain, capable of 14.02 exahashes per second (EH/s) of computing power, for about $314 million, according to TheMinerMag. The deal also excluded any potential price increases from the Trump administration’s sweeping trade tariffs and import duties, which will impact Bitmain mining hardware manufactured in China. Read more

Solana price prediction has shifted upward after SOL exceeded $200, supported by 28% gains over 30 days, $13B trading volume, and altcoin season momentum. Analysts see a possible pullback to $190 before a rally toward $500. The post Solana Price Prediction: SOL Leads Altcoin Rally as Crypto Market Hits $4T – Is $1,000 Solana Already Confirmed? appeared first on Cryptonews.

LINK's market cap has soared to roughly $16 billion now.

Jarett Dunn pleaded guilty to fraud by abuse of position and transfer of criminal property for an attack on his former employer, Pump.fun.

Citi is exploring cryptocurrency custody and payment services, with an initial focus on stablecoin-backed assets. Wall Street giant Citigroup is weighing plans to offer cryptocurrency custody and payment services, aiming to capitalize on a market bolstered by Trump-era regulatory approvals and pro-industry legislation. Biswarup Chatterjee, a Citigroup executive, told Reuters that the bank’s initial focus would likely be custody services for “high-quality assets backing stablecoins.” Chatterjee works within Citigroup’s services division, which manages treasury, payments, cash management and other enterprise solutions for large corporations. Read more

Search.com promises ad-free browsing, cashback for users, and revenue-sharing with publishers.

Keyrock–Bitso research has projected a trillion in stablecoins volume by 2030, with stablecoins set to handle 12% of cross-border flows and possibly 10% of U.S. money supply. Onchain settlement has cut costs and time, while issuers’ T-bill holdings have affected yields and market structure.   The post Stablecoins Set to Capture $1 Trillion Payment Volume by 2028, Could Reshape US Monetary Policy: Report appeared first on Cryptonews.

The bureau warned that anyone offering recommendations on a “crypto recovery law firm” or claiming to be a lawyer could be targeting the victims of crypto scams. The US Federal Bureau of Investigation (FBI) has issued a public service announcement for victims of crypto scams looking for legal advice to recover their funds. In a Wednesday notice, the FBI said that fictitious law firms were targeting individuals who had previously been scammed out of some or all of their crypto holdings, putting them at additional risk. According to the bureau, the scammers’ actions left victims at risk of compromising their personal data and other funds. The announcement, based on an update for similar warnings from the FBI in August 2023 and June 2024, cautioned people against accepting assistance from anyone recommending a “crypto recovery law firm” or any law firm “requesting payment in cryptocurrency or prepaid gift cards.”  Read more

Scott Bessent has said the U.S. will not buy Bitcoin for a Bitcoin reserve, using confiscated coins and stopping sales. He has put holdings at $15–$20B. Bitcoin has eased from $124,000 to $117,000. January and March orders have set funding via forfeitures. The post Treasury Secretary Scott Bessent Says U.S. Will Not Buy Bitcoin For Strategic Reserve: Fox News appeared first on Cryptonews.

The company has experienced rapid growth in less than two years, reaching an annual recurring revenue of $80 million and a valuation of $18 billion. Perplexity AI, developer of an AI-powered search engine, is reportedly preparing for another funding round at a $20 billion valuation. The capital could fund the company’s recent $34.5 billion bid to acquire the Google Chrome browser. The target valuation is $2 billion higher than Perplexity’s previous $18 billion mark from its July 2025 fundraise, according to Business Insider. The company’s worth has surged 3,746% since January 2024, when it was valued at $520 million. On Tuesday, Perplexity made an unsolicited $34.5 billion offer to purchase the Google Chrome browser, a product that has been the subject of an ongoing Google antitrust case. In a ruling expected to the coming days, a US district court judge could force Google to sell the browser to reduce the company’s dominance in web searching. Read more

The Treasury Secretary's late-Thursday afternoon tweet seemingly contradicted his statement from earlier in the day.

The Bitcoin-buying firm implied its earnings are recurring during an earnings call, Andy Constan said.

ChatGPT's XRP Analysis has reported a 5.37% pullback to $3.10, testing the $2.99-$2.92 support zone as a $1B crypto liquidation prompts institutional profit-taking. Technical signals suggest a decisive move ahead, with infrastructure readiness supporting recovery potential. The post ChatGPT’s XRP Analysis Reveals Key Support Test at $3.10 as $1B Market Liquidation Triggers Profit-Taking appeared first on Cryptonews.

Hong Kong’s financial regulators cautioned investors to avoid making impulsive bets on stablecoin-linked assets after a spate of sharp price swings tied to speculation, corporate announcements, and unverified claims about licensing plans in the city. In a joint statement, the Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) said they had […] The post Hong Kong regulators warn against hype-driven stablecoin market swings appeared first on CryptoSlate.