Crypto

Phong Le said Strategy’s cost of capital—not Bitcoin’s price—drove its decision to sell nearly 7,000 BTC before resuming purchases above $80,000.

XRP briefly outpaced Bitcoin on South Korean exchanges with a 273% volume surge. Here's the price analysis, key levels, and what it means for traders. The post XRP Price Prediction: Ripple Edges Bitcoin In South Korea appeared first on Cryptonews.

More than 7 million daily swaps fit the record pace, while public data cannot show what share reached fee-enabled pools. The post Uniswap trading volume explodes to record levels over 7 million per day – but actual fees lag far behind appeared first on CryptoSlate.

New Jersey’s Attorney General and gaming authorities filed a petition for a writ of certiorari to the US Supreme Court over Kalshi offering sporting event contracts to residents. New Jersey’s Attorney General and the state’s interim director for the Division of Gaming Enforcement have officially petitioned the US Supreme Court to hear a case aimed at resolving whether state authorities or federal agencies have jurisdiction over prediction market companies. On Wednesday, Attorney General Jennifer Davenport and gaming enforcement interim director Mary Jo Flaherty filed a petition for a writ of certiorari to the US Supreme Court over New Jersey’s enforcement against prediction market platform Kalshi over sporting event contracts. Officials cited civil cases brought by gaming authorities in “at least 20 states,” seeking the highest court in the US to decide whether prediction market companies could be in compliance with the Commodity Futures Trading Commission (CFTC) while violating state laws. “Companies like Ka...

If ETH closes this month in positive territory, it would be the first time ever it posts back-to-back gains in August and September.

Wyoming is using Chainlink to bring near-real-time reserve verification onchain for FRNT as the oracle provider expands its footprint across tokenized financial markets. The US state of Wyoming is adding near-real-time onchain reserve verification to its state-issued Frontier Stable Token through an expanded integration with blockchain oracle network Chainlink. The Wyoming Stable Token Commission said Wednesday it adopted Chainlink Proof of Reserve to publish verified data on FRNT’s reserves and token supply onchain. The system combines independent examinations by The Network Firm with Chainlink’s infrastructure to make the data available in near real time. Wyoming already publishes daily reserve attestations for FRNT, while the GENIUS Act requires monthly disclosures of reserve composition and outstanding stablecoin supply. The commission said the integration will provide more timely visibility into changes in FRNT’s backing between reporting periods. Read more

The rising channel dates back to Dogecoin's earliest trading history, making its latest break more significant than a routine pullback.

Bitcoin traders are calling August's spike-and-fade a Bart Simpson hairline. Here's what separates an actual flash crash from an ordinary correction.

One transaction emptied 28.6% of supply from the bonded pool, while 1.66 billion attacker-held TAC remains unresolved. The post TAC blockchain remains frozen for over 10 days after a massive exploit forces a 1.26 billion token bailout appeared first on CryptoSlate.

Groups including The Crypto Council for Innovation, Grayscale, and a16z urged the regulator to preserve existing fund classifications and streamline reviews for new exchange-traded products.

Adding Massachusetts incumbent Auchincloss to the list of winning primary candidates Fairshake supported, the industry's influence moves on to November.

After multiple appeals courts ruled differently about whether states can crack down on prediction markets' sports products, New Jersey asked SCOTUS to step in.

One transfer agent would retain control, while physical addresses remain the minimum in the drafted rule. The post The SEC is rewriting 50-year-old Wall Street rules to let public blockchains decide who legally owns a stock appeared first on CryptoSlate.

The unreleased model can find zero-day vulnerabilities and chain them into working exploits without a human walking it through each step, and access to that capability is starting with a small group of testers.

Ondo says existing US securities laws can accommodate perpetual futures tied to individual stocks as regulators look to bring more derivatives activity onshore. Ondo Finance is urging US regulators to bring perpetual futures tied to individual stocks onshore, arguing that the products can already operate under the country’s existing security futures framework without new rules. In three Aug. 24 comment letters to the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC), Ondo argued that existing rules can accommodate perpetual stock futures while also accounting for modern margining practices and onchain market data. Ondo said its Panama-based affiliate already offers stablecoin-settled perpetual futures on individual US-listed stocks outside the United States, with the platform recording $8 billion in cumulative trading volume as of Aug. 14, around six weeks after its launch. Read more

One of Bitcoin’s onchain demand indicators turns negative again after a brief August rebound, as BTC price slipped below $77,000 amid a broader bond and equities sell-off. Bitcoin (BTC) sold off into the early European trading hours on Wednesday to hit local lows of $76,400, per data from CoinGecko. Key points:  The move in BTC came after US spot Bitcoin exchange-traded funds (ETFs) recorded outflows of $236 million the day prior. Data from CryptoQuant now shows Bitcoin’s apparent demand turning negative once more after a brief reprieve during the August rally.  Read more

Bitcoin faces a key Fed test as September hike odds reach 60%–68%, with yields, oil and guidance shaping the market reaction. The post Fed Rate Cut Odds Slashed as Kalshi September Hike Bets Reach 60%–68% appeared first on Cryptonews.

"We could be right at the start of this process, right now," a popular X user claimed.

Two Thai businessmen claim Tether blocked access to their stablecoins months before federal authorities secured a seizure warrant.

Corporate political donations hit a record $646 million over the 18 months through June, according to Public Citizen's analysis of FEC filings. Crypto political spending led every other corporate sector at $206 million, while crypto, AI, and online betting together accounted for $344 million, more than half the total. The GENIUS Act already created a […] The post What the $344M crypto political spending spree wants from Congress next appeared first on CryptoSlate.