Crypto

Bitcoin’s short-term profit-taking declines, but investors remain cautious as directional bias remains uncertain amid ongoing risks.

Seven Republican senators are urging the Commerce Department to investigate whether open-source models like DeepSeek’s R1 pose risks.

Apple pledged an extra $100 billion to U.S. manufacturing as Trump threatens tariffs on foreign-made chips.

Shares in IREN Ltd closed trading on Wednesday up 11.4% after it reported mining more Bitcoin than MARA Holdings in July. Shares in IREN Ltd popped 11.4% after the Bitcoin miner posted $86 million in revenue for July, outperforming industry heavyweight MARA Holdings in Bitcoin production. On Wednesday, IREN reported mining 728 Bitcoin (BTC) in July, beating MARA’s 703 BTC mined over the same period despite having a smaller deployed hashrate — 50 exahashes per second (EH/s) compared to MARA’s 58.9 EH/s. IREN reported an average hashrate over July of 45.4 EH/s, signalling that a majority of its machines stayed online and productive throughout the month. Read more

Carlos Ramirez, aka Whynne, told Decrypt that he doesn’t want to be involved and won’t press legal action against the surging Troll meme coin.

Claude predicts altcoins could outshine Bitcoin in the next cycle, projecting an 87% rise for XRP, a potential 1,500% leap for Pi Network and a run to $1,000 for Solana by late 2025. The outlook has linked these targets to renewed SEC engagement through Project Crypto and Bitcoin’s push above $120k. The post Leading AI Claude Predicts the Price of XRP, Pi Coin and Solana by the End of 2025 appeared first on Cryptonews.

Crypto price prediction today has provided a data-driven look at Bitcoin’s renewed record near $123k, XRP’s march toward $4, Dogecoin’s steady return toward $0.50 and Pepe’s potential breakout, while evaluating how the SEC’s Project Crypto has reshaped sentiment across major meme and altcoin markets. The post Crypto Price Prediction Today 6 August – XRP, Dogecoin, Pepe appeared first on Cryptonews.

Hours after releasing its first open-weight models in years with claims of robust safety measures, OpenAI's GPT-OSS has been cracked by notorious AI jailbreaker Pliny the Liberator

Galaxy head of research Alex Thorn criticized the business model of many Ethereum (ETH) layer-2 (L2) blockchains as “ETH extractive.” In an Aug. 6 social media post, Thorn argued that L2 networks retain most of the fee revenue while contributing relatively little back to the Ethereum L1.  Thorn added that most L2s are controlled by single […] The post Galaxy’s Alex Thorn calls Ethereum L2s ‘ETH extractive’ amid fee retention concerns appeared first on CryptoSlate.

Pi Coin price prediction details how PI has recorded the steepest decline among $1 bn-plus cryptos, losing 80 % in 2025 while volumes have shrunk 70 %. Technicals show momentum remains weak and, unless a major exchange lists the token, analysts see a retest of the $0.3220 trough. The post Pi Coin Price Prediction: Weak Rebound, No Volume – Is Pi Coin Going to Zero? appeared first on Cryptonews.

A renowned expert in crypto and financial technology has touted the decentralized trading protocol as underestimated.

Circle’s USDC accounted for 63% of salaries paid in crypto in 2024, outpacing USDt despite its trading dominance, according to Pantera’s global compensation survey. The number of crypto professionals receiving salaries in digital assets has tripled over the past year, with 9.6% now paid in stablecoins, according to a report by venture capital company Pantera Capital. Based on over 1,600 responses from crypto professionals across 77 countries, the report points to a shift toward blockchain-native payroll systems and growing institutional trust in dollar-backed assets, like USDC Coin (USDC) and USDt (USDT). Circle’s USDC led the way, accounting for 63% of all crypto payrolls, despite Tether’s USDt being the most traded stablecoin by volume worldwide. Read more

The search engine runs on the President's platform, Truth Social.

Caroline Crenshaw has pushed back against the SEC Division of Corporation Finance’s view that some liquid staking sits outside securities laws, arguing the staff’s position rests on factual leaps. While she has questioned the comfort it offers, Chair Paul Atkins has welcomed the guidance. The post SEC Commissioner Caroline Crenshaw Pushes Back On Liquid Staking Statement appeared first on Cryptonews.

The newly public firm will pursue bitcoin-focused treasury strategies in the U.S. and South Korea.

Trump’s group has released policy proposals on crypto market oversight, stablecoin backing of the dollar, and tax. Grassroots groups—Stand With Crypto, Texas Blockchain Council, Polkadot advocates—have shaped legislation at the state and federal levels, while education gaps among lawmakers persist. The post Coinbase-Backed Grassroots Organization Mobilizes 2.3M Voters Ahead of Key U.S. Crypto Legislation appeared first on Cryptonews.

Roman Storm's trial verdict leaves the door open for US prosecutors to retry the Tornado Cash developer, attorneys said. The US government can still retry Tornado Cash developer Roman Storm on counts of money laundering and violating sanctions due to a hung jury, according to attorneys. “The Department of Justice (DOJ) will decide in the coming days if it wants to retry those charges in a new trial,” Jake Chervinsky, chief legal officer at venture capital firm Variant Fund, wrote on X. Storm was convicted on one felony count for his involvement with Tornado Cash on Wednesday. The jury found him guilty of conspiracy to operate an unlicensed money transmitting business. Read more

Bifrost had secured over 81% of DOT’s liquid staking token (LST) market, boasting more than $90 million in total value locked.

Laser Digital, a digital asset subsidiary of Japanese banking giant Nomura, has secured the first limited license to offer over-the-counter crypto derivatives under the Virtual Asset Regulatory Authority’s (VARA) Pilot Regime, the company announced Wednesday. Laser Digital is the first firm authorized to provide institutional-grade crypto options directly to clients under the VARA framework, marking […] The post Nomura’s Laser Digital secures regulatory greenlight to launch OTC desk for crypto options in UAE appeared first on CryptoSlate.

An analyst called the crypto market's recent dips "an opportunity" for investors.