Crypto

Bitcoin hit a new all-time high Wednesday, breaking the previous milestone from July—and an Ethereum record may not be far behind.

SOL price cracked the $200 barrier, but a rally to data suggests the factors needed for new highs are missing. Key takeaways: Solana’s onchain growth supports the current rally, but declining DEX market share signal cautious trader sentiment. SOL’s perpetual futures funding rate near neutral suggests limited bullish momentum. Read more

The DOJ, in coordination with international partners, has dismantled servers and domains tied to BlackSuit ransomware. Authorities seized over $1 million in digital assets, disrupting operations that targeted U.S. critical infrastructure, including healthcare, manufacturing, and government facilities. The post U.S. Officials Take Down BlackSuit Malware Collective In Major Cyber Crackdown appeared first on Cryptonews.

Google searches for “altcoin” and “Ethereum” are surging to multi-year highs, coinciding with a wave of altcoin ETF filings and a shift in corporate treasury strategies beyond Bitcoin. Google searches for “altcoin” have reached their highest level since 2021 and interest in “Ethereum” is at a two-year peak, according to Google Trends data. The surge comes alongside a flurry of crypto-related exchange-traded fund (ETF) activity and shifts in digital asset treasuries that may draw attention beyond Bitcoin. Google Trends has recorded similar surges before. In early 2018, “altcoins” spiked months after Bitcoin’s late-2017 peak, as retail attention turned toward a wave of new cryptocurrencies launched through initial coin offerings (ICOs).  In early 2021, the term “altcoin” reached some of its highest readings on record during a broad rally fueled by decentralized finance (DeFi), non-fungible tokens (NFTs) and large-cap coins such as Ether, Cardano and BNB.  Read more

The American international financial services company will be managing the RWA-tokenization platform's Treasury Bill fund.

Two Estonian men behind the $577M HashFlare Ponzi have been sentenced to time served after 16 months in custody, forfeiting over $450M in assets. Prosecutors, who sought 10-year terms, are considering an appeal over what they view as an unusually light penalty in one of crypto’s largest fraud cases. The post HashFlare Ponzi Founders Get Time Served for $577M Crypto Scheme, Escape Additional Jail appeared first on Cryptonews.

Shares of cryptocurrency exchange Bullish jumped sharply in their first day of trading on Aug. 13, more than tripling the company’s IPO price and signaling renewed investor enthusiasm for digital asset firms in public markets. Trading under the symbol BLSH, the stock opened at $37 and surged to an intraday high of $118 before settling […] The post Bullish continues crypto IPO streak of success with 3x surge in stock on first trading day appeared first on CryptoSlate.

The current macro backdrop has rarely been more favorable for risk assets, and the market hasn't fully priced in what's coming, a report said.

The Trump Coin ETF from Canary Capital indicates that traditional finance products containing memecoins may still have demand. Canary Capital has registered a crypto exchange-traded fund (ETF) designed to track a memecoin token linked to US President Donald Trump. According to the Delaware State Department website, Canary Capital filed on Wednesday for the Canary Trump Coin ETF. The registration suggests the launch of a crypto ETF tracking the Official Trump (TRUMP) token, though a formal filing with the Securities and Exchange Commission (SEC) could still be months away. According to Cointelegraph indexes, TRUMP has a market capitalization of $1.9 billion, ranking it 49th among all cryptocurrencies at this writing. Among memecoins, the token is listed as the fifth-largest by market cap, though the list doesn’t include the original memecoin, Dogecoin (DOGE). Read more

ETH $5000 is approaching as Ethereum hovers just below its all-time high, supported by consistent ETF buying, treasury accumulation, and sustained negative SMA30 outflows. Analysts see momentum holding unless inflows turn positive. The post ETH To $5000 By This Weekend? Elliott Wave 5 Targets $5,013 As Shorts Get Wrecked appeared first on Cryptonews.

So far this month, Ethereum ETFs have pulled in as much ETH as the network has issued since the so-called merge in September 2022.

ZachXBT’s investigation has found IT workers linked to North Korea using more than 30 false identities to work in cryptocurrency projects, with leaked data tying them to a $680,000 exploit and prompting industry reviews. The post ZachXBT Exposes 5 North Korean Workers Running 30+ Fake Identities to Target Crypto Projects appeared first on Cryptonews.

Andreessen Horowitz (a16z) and the DeFi Education Fund have urged the US Securities and Exchange Commission (SEC) to create a “Safe Harbor” program for decentralized application (dApp) trading platforms. In an Aug. 12 letter to SEC Commissioner Hester Peirce, the groups wrote that a clear framework would keep builders of non-custodial interfaces from being treated […] The post a16z and DeFi Education Fund push SEC for safe harbor on dApp regulation appeared first on CryptoSlate.

The two entities requested that the financial regulator provide a "safe harbor" for certain applications under the SEC's broker-dealer registration requirements. Andreessen Horowitz (a16z) and the advocacy organization DeFi Education Fund have asked the US Securities and Exchange Commission (SEC) to set up a safe harbor program for non-fungible token (NFT) and decentralized finance (DeFi) applications from the agency’s broker-dealer registration requirements. In a Wednesday letter to SEC Commissioner and Crypto Task Force head Hester Peirce, a16z and the DeFi group said they were following up on US President Donald Trump’s Working Group on Digital Assets call to “provide relief for certain DeFi service providers from the broker-dealer [...], exchange [...], and clearing agency [...] registration provisions of the Exchange Act.” In July, SEC Chair Paul Atkins also said he had directed the agency’s staff to “update antiquated agency rules and regulations” concerning certain crypto and blockchain applications.  ...

Dogwifhat (WIF) jumps 15% in 24 hours, breaking out from a bullish wedge and aiming for $1.3 as trading volume and open interest rise.

Crypto exchange Bullish's stock soared on its NYSE debut Wednesday, echoing the hot start that stablecoin issuer Circle saw in June.

Bitcoin growth models project $200,000 by 2025 and up to $1.5 million by 2035, outpacing gold and the Nasdaq in long-term returns. Key takeaways: Bitcoin’s long-term CAGR of 42.5% outpaces the Nasdaq and gold, but is projected to drop to 30% by 2030. The power-law and quantile models keep BTC’s Q4 2025 target between $150,000–$200,000, with $1.2million to $1.5 million possible by 2035. Read more

From a $37 IPO to $118 intraday, Bullish’s NYSE debut highlights Wall Street’s growing appetite for regulated crypto businesses. Cryptocurrency exchange operator and media company Bullish made an enormous public debut on the New York Stock Exchange, with shares surging as much as 218% — a clear sign of heightened institutional appetite for crypto-related assets. After weeks of speculation, Bullish went public on Wednesday at an IPO price of $37, above its earlier target range of $32 to $33 per share. The stock, trading under the ticker symbol BLSH, soared to an intraday high of $118.00, marking a 218% gain from its IPO price, on trading volume of roughly 38 million shares, according to Yahoo Finance data. Read more

Raydium ($RAY) has maintained a breakout above $3.59 following strong volume, bullish technicals, and substantial protocol buybacks. With Solana’s DeFi activity increasing and upgrades ahead, the AMM’s liquidity depth and trading performance have reinforced its position despite active competition. The post Raydium ($RAY) Posts $40B Month; $5.7M Buybacks Tighten Supply – $5 Incoming? appeared first on Cryptonews.

Ray Dalio said he likely would have fired the BLS head as well.