Crypto

Global economic standards have been updated to formally recognize Bitcoin (BTC) and other crypto assets in national wealth statistics, marking a pivotal shift in how governments measure digital value and financial innovation. The new System of National Accounts (SNA), approved by the United Nations Statistical Commission and coordinated by the IMF and other global institutions, […] The post IMF, global regulators soften stance on Bitcoin and crypto in wealth assessment standards appeared first on CryptoSlate.

CryptoQuant has reported that Bitcoin’s third profit-taking wave since March 2024—driven by ETF approvals, a post-election crypto rally, and July’s whale sale—has slowed gains. Familiar on-chain signs point to a consolidation phase that often precedes fresh highs. The post Profit-Taking Peaks Again – Is the Next Crypto Rally About to Begin? appeared first on Cryptonews.

The developer of design software previously disclosed ownership of $70 million of Bitwise's BITB, with plans to buy another $30 million in bitcoin.

Seoul’s FSC and FSS have met executives from South Korea’s top exchanges after Upbit and Bithumb launched crypto margin lending with 4:1 leverage. Officials have flagged potential Lending Act violations and urged voluntary guidelines as Upbit halts Tether loans and Bithumb revises its service. The post Seoul Watchdogs Sound Alarm on Upbit, Bithumb Crypto Lending Products appeared first on Cryptonews.

While Ethereum has been the institution-driven bull market leader so far, a shift in capital among its largest holders suggests Cardano could be their next pick. The post Cardano Price Prediction: Whale Money Moves Out of Ethereum and Into ADA – $10 Target? appeared first on Cryptonews.

The stablecoin giant said it has $127 billion in exposure to U.S. Treasuries.

ETH hovers near $3.8K with low funding rates and strong institutional demand, hinting at a looming rally to retest ATHs.

Conflux (CFX) has rebounded 7% following a sharp 27% sell-off, as traders attempt to hold the $0.20 floor while on-chain data show new adoption highs for China’s government approved Layer-1. Analysts caution that fading volume near $0.2338 and soft RSI readings suggest the bounce may lack strength. The post Conflux (CFX) Surges 7% Amid Breakout Rally and Major Upgrades appeared first on Cryptonews.

A fresh wave of profit-taking from newly emerged Bitcoin whales has marked the third major distribution event of this bull run, according to CryptoQuant. Bitcoin’s failure to hold above $120,000 was accompanied by a surge in selling from large holders, marking what analysts call the “third major profit-taking wave of this bull run.” Realized profits on Bitcoin (BTC) spiked to between $6 billion and $8 billion in late July —  levels that coincided at or near local tops in March and December 2024, according to onchain analytics firm CryptoQuant. This latest sell-off was driven by “new whales,” who began realizing gains once BTC crossed the $120,000 mark, CryptoQuant noted. Read more

The companies want to make BTC as accessible and flexible as possible for both new and experienced users.

The SEC also plans to create new registration pathways for DeFi platforms and allow certain crypto investment contracts to trade on unregulated exchanges.

The Securities and Exchange Commission (SEC) will launch a commission-wide initiative called “Project Crypto” to modernize securities rules for blockchain-based activity and help shift US markets “on-chain.”  Chair Paul Atkins said in a July 31 speech at the America First Policy Institute that the initiative will execute recommendations made in the President’s Working Group (PWG) […] The post SEC unveils ‘Project Crypto’ to move US markets on-chain and rewrite token rules appeared first on CryptoSlate.

Ethereum co-founder Vitalik Buterin wrote the original ETH whitepaper while battling World of Warcraft distractions—and now you can do the same.

Bitcoin begins a 77-day historical countdown to its potential 2025 peak, with targets around $150,000 and higher. Key takeaways: Bitcoin may reach a cycle top of $150,000 by October, based on halving-cycle fractals. New BTC investor activity is rising, signaling more room for upside. Read more

The launch will lay the groundwork for Myriad’s multichain expansion, creating a “new class of DeFi products” using prediction contracts.

HYPE holds $43 support in ascending channel as whale exits with $13.6M profit and RSI enters oversold zone.

Vlad Tenev views tokenization as more than just a buzzword.

The initiative aims to modernize the SEC for 21st-century finance and was formed in response to recent policy recommendations from the White House. US Securities and Exchange Commission Chair Paul Atkins has announced “Project Crypto,” an initiative to modernize the agency for the digital finance age and establish clear regulations for digital assets in the United States. Atkins said Project Crypto was in direct response to recommendations in a recent report by the President's Working Group on Digital Assets. Atkins proposed easing licensing rules to allow for multiple asset classes or instruments to be offered by brokerages under a single license, while also creating a clear market structure separating commodities, which most cryptocurrencies fall under, from securities. Read more

Paul Atkins, the head of the Securities and Exchange Commission, said "most crypto assets are not securities."

The firm held roughly $8.9 billion in bitcoin in the reserves, translating to roughly 83,200 coins.