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Kraken’s acquisition will add natural-language trading automation to its Pro platform, as exchanges, miners and analytics companies move aggressively into AI. Crypto exchange Kraken has acquired Israel-based startup Capitalise.ai, a no-code trading automation platform that turns natural-language commands into executable strategies, for an undisclosed amount. The technology will be integrated into Kraken Pro later this year, according to a blog post by Kraken on Aug. 20. Founded in 2015, Capitalise.ai built a platform that converts everyday text into strategies and supports execution across equities, crypto, foreign exchange markets, futures and options. Once integrated, Kraken Pro users will be able to design, backtest, and automate trades across digital and traditional markets without writing code. “This acquisition gives Kraken Pro clients a new way to act on ideas in real time,” said Shannon Kurtas, Kraken’s head of exchange. She said the system aims to make advanced strategies more accessible to a broader...
The Gemini co-founders, with a combined net worth in the billions, have said they will make another political contribution in support of US President Donald Trump’s crypto agenda. Cameron and Tyler Winklevoss, co-founders of cryptocurrency exchange Gemini, said they had sent more than $21 million worth of Bitcoin to a political action committee (PAC) with the expressed intention of helping US President Donald Trump’s crypto agenda with a Republican majority in Congress. In a Wednesday X post, Tyler Winklevoss said they contributed more than 188 Bitcoin (BTC), worth about $21 million at the time, to the Digital Freedom Fund PAC. According to the Gemini co-founders, their goal with the contribution was to “support President Trump and his Administration’s efforts” related to crypto policy by attempting to influence the 2026 US midterm elections, support market structure legislation, and “fight for” other issues related to digital assets and blockchain. Read more
The panelists agreed that it is not too late for the US to catch up to other jurisdictions, but urged swift crypto regulatory legislation. Panelists at the Wyoming Blockchain Symposium said it is not too late for the United States to catch up to the crypto regulatory frameworks in other regions, but warned that inaction might lead to stagnation and the US falling behind other countries. “I don't think it's too late, even with the Markets in Crypto Assets (MiCA) in the European Union (EU),” Sylvia Favretto, general counsel and corporate secretary at Mysten Labs, the developer behind the Sui network, said. However, she added that the window of opportunity is “small” and urged immediate action. Stuart Alderoty, chief legal officer at Ripple, said: Read more
Seven organizations affiliated with crypto urged a quick confirmation of Brian Quintenz to the CFTC, though nothing was scheduled on the Senate calendar before its recess. Several cryptocurrency and blockchain associations advocating for the industry are pushing for a “prompt confirmation” of Brian Quintenz as chair of the US Commodity Futures Trading Commission (CFTC). In a Wednesday letter to US President Donald Trump, representatives from several crypto organizations reiterated their support for Quintenz’s confirmation in the Senate following the president’s nomination. Signatories included the Crypto Council for Innovation, Blockchain Association, Decentralization Research Center, DeFi Education Fund, The Digital Chamber, Satoshi Action Fund and Solana Policy Institute Read more
Brevan Howard reportedly managed $34 billion in assets as of April 2025, with the company's digital asset division, set up in 2021, managing $2 billion. Gautam Sharma, the CEO of alternative investment management company Brevan Howard’s digital assets division, is reportedly leaving after five years. The departure could spell changes for the division, which has grown significantly in the past few years and manages $2 billion in assets. According to a Bloomberg report on Wednesday, Brevan Howard has no plans to fill the role. Meanwhile, the company in May promoted Chris Rayner-Cook, former head of global trading and financing at Coinbase, as the digital assets division’s chief investment officer. Brevan Howard’s digital asset division has over 10 portfolio managers, 13 investment professionals and 15 blockchain engineers. Read more
XRP data highlights investor profit-taking and reveals reasons why the altcoin’s price could continue to fall. Key takeaways: XRP confirms a bearish descending triangle on the daily chart, risking an 18% drop to $2.40. Declining daily active addresses signal reduced transaction activity and cooling demand for XRP. Read more
Several solutions have been proposed to bolster Monero’s proof-of-work consensus mechanism to prevent 51% attacks on the network. The Monero community is exploring a potential overhaul of its proof-of-work (PoW) consensus mechanism to make the network resistant to 51% attacks. Community members suggested several proposals, including localizing mining hardware, switching to a merge mining algorithm, allowing XMR to be mined alongside Bitcoin (BTC) or other major cryptocurrencies, and adopting Dash’s ChainLocks solution. Dash’s ChainLocks uses “randomly selected masternodes” to reach a quorum on the first valid block broadcast by the network, locking the blockchain ledger into place and appending the chain only with blocks verified through the ChainLock system. This would function on top of the existing PoW Consensus. Read more
Bitcoin and Ether are trying to rise from their respective lows, indicating strong buying on the dips. Key points: Bitcoin’s drop has resulted in net outflows from BTC ETFs on Tuesday, but buyers are likely to step in and arrest the decline near $110,530. Ether bulls are trying to flip the $4,094 level into support, indicating a positive sentiment. Read more
US Bitcoin miners face mounting costs and regulatory pressure as the trade war reshapes the industry. The US-led trade war is having major repercussions for the Bitcoin mining industry, with looming disputes with Customs and Border Protection (CBP) potentially exposing American companies to massive liabilities. That was a key takeaway from The Miner Mag’s latest Bitcoin Mining Update, which examined how mining firms are navigating a complex tariff environment shaped by ongoing US-China trade tensions. With the White House modifying tariff rates on several Asian countries, the effective duty now stands at 57.6% on China-origin mining machines and 21.6% on those from Indonesia, Malaysia and Thailand, according to the report. Read more
The Wyoming lawmaker is one of the Republicans taking the lead to pass market structure in the US Senate. Wyoming Senator Cynthia Lummis, one of the Republicans leading the charge in support of legislation for digital asset market structure, has said a bill will end up on US President Donald Trump’s desk “before the end of the year.” Speaking at the Wyoming Blockchain Symposium in Jackson Hole on Wednesday, Lummis said Republicans’ goals included having a market structure bill passed through the Senate Banking Committee by the end of September, followed by consideration in the Senate Agriculture Committee in October. Both committees will address how the US financial regulators, the Securities and Exchange Commission and Commodity Futures Trading Commission, handle digital assets. Read more
Nearly half of UK crypto investors face blocked or delayed payments from their banks, raising concerns that Britain is falling behind global rivals in digital assets. A growing share of the United Kingdom’s cryptocurrency investors are struggling to fund their accounts, highlighting the regulatory and banking hurdles facing the digital asset sector. An IG Group survey of 500 UK crypto investors and a broader sample of 2,000 adults found that 40% of users said their bank had either blocked or delayed payments to a crypto provider. Among those affected, 29% lodged complaints with their banks, while 35% said they switched lenders in response. When the broader sample was asked about banks intervening in crypto transactions, 42% said they opposed such measures, while 33% expressed support. Read more
Bitcoin rebounded from a swift drop to $112,380, but liquidation heatmap data suggests the worst of the selling has yet to pass. Key takeaways: Bitcoin volatility is expected to remain present ahead of Fed Chair Powell’s speech on Friday. Analysts say Bitcoin’s dip below $112,000 offers a “great entry” opportunity for traders. Read more
Analysts say Bitcoin’s price action is looking increasingly orchestrated, as BTC taps its lowest levels since Aug. 3 amid ongoing US selling. Key points: Bitcoin heads back below $113,000 at the Wall Street open as bulls fail to clinch support. BTC price manipulation is one explanation for the downside, with exchange order-book bid liquidity in focus. Read more
Critics argue the declining Bitcoin block reward subsidy is a “ticking time bomb” for Bitcoin’s security. Here are some potential solutions. The key selling point of Bitcoin as a store of value has everything to do with the credibility of its monetary policy. As Bitcoin inventor Satoshi Nakamoto once wrote, the rules of the system were set in stone when the network first launched, and those rules included the 21-million-Bitcoin supply cap and the related issuance policy maintained by the roughly four-year halving cycle. But are those rules really set in stone? Is there really no chance Bitcoins monetary policy will change at some point in the future? Some critics believe that after the block reward drops too low as a result of the halvings and if transaction fee revenue has not risen substantially there will no longer be enough incentive for miners to secure the network. They argue the Bitcoin network may be forced to increase the supply as a result. Read more
Critics argue the declining Bitcoin block reward subsidy is a “ticking time bomb” for Bitcoin’s security. Here are some potential solutions. The key selling point of Bitcoin as a store of value has everything to do with the credibility of its monetary policy. As Bitcoin inventor Satoshi Nakamoto once wrote, the rules of the system were set in stone when the network first launched, and those rules included the 21-million-Bitcoin supply cap and the related issuance policy maintained by the roughly four-year halving cycle. But are those rules really set in stone? Is there really no chance Bitcoins monetary policy will change at some point in the future? Some critics believe that after the block reward drops too low as a result of the halvings and if transaction fee revenue has not risen substantially there will no longer be enough incentive for miners to secure the network. They argue the Bitcoin network may be forced to increase the supply as a result. Read more
Blockchain-based tokenization of climate assets could unlock trillions in green investments as regulatory frameworks drive carbon trading growth. Opinion by: Nicholas Krapels, head of research and development at Mantra By 2035, the real-world asset (RWA) market is expected to reach over $60 trillion, with green RWAs well-positioned to become a significant subsector in this global onchain movement. Today, tokenized green assets still represent less than 1% of total climate assets and a similarly small percentage of RWAs, which currently are mostly tokenized treasuries. Read more
Bitcoin fell below $113,000 as investors braced for Jerome Powell’s Jackson Hole speech that could set the US Fed’s path on interest rate cuts. Cryptocurrency investors were bracing for the US Federal Reserve’s annual gathering in Jackson Hole on Friday, where Chair Jerome Powell’s remarks may provide key signals on interest rate policy heading into September’s Federal Open Market Committee meeting. Bitcoin (BTC) briefly fell to $112,565 on Wednesday, a two-week low last seen on Aug. 3, Cointelegraph data showed. Bitcoin’s dip below $113,000 was a snapshot of “rising nerves in the market” as macroeconomic tensions surrounding Powell’s speech were causing “fear spikes” among digital asset traders, according to Ryan Lee, chief analyst at Bitget exchange. Read more
China’s cabinet will review a roadmap that includes yuan-pegged stablecoins to bolster yuan internationalization, sources told Reuters. China, one of the most restrictive global jurisdictions for cryptocurrencies, is reportedly considering allowing Chinese yuan-backed stablecoins in what would be a major policy reversal. Chinese authorities may authorize yuan-backed stablecoins for the first time to promote global use of its currency, Reuters reported on Wednesday, citing sources familiar with the matter. If approved, China’s plan for stablecoin use would mark a major shift in its approach to crypto after the country banned crypto trading and mining in September 2021. Read more
Crypto advocacy groups accuse Wall Street bankers of trying to tilt stablecoin rules in their favor, warning Congress against changes to the GENIUS Act. Two of the crypto industry’s leading advocacy bodies are pushing back against Wall Street bankers’ latest attempt to roll back the United States’ newly minted stablecoin law. In a joint letter to the Senate Banking Committee on Tuesday, the Crypto Council for Innovation (CCI) and the Blockchain Association urged lawmakers to reject recommendations from the American Bankers Association (ABA) and state banking groups. As reported, several US banking groups, led by the Bank Policy Institute (BPI), have urged Congress to tighten the GENIUS Act by closing what they call a loophole that could allow stablecoin issuers and their affiliates to pay yields indirectly. Read more
A US judge ruled EminiFX and its founder, Eddy Alexandre, must repay $228 million after running a Ponzi scheme that defrauded thousands of investors. A federal judge in New York ordered Eddy Alexandre, founder of the collapsed crypto platform EminiFX, to pay more than $228 million in restitution after ruling the company was a Ponzi scheme that defrauded tens of thousands of investors. The US Commodity Futures Trading Commission (CFTC) secured a summary judgment against Alexandre and EminiFX, with US District Judge Valerie Caproni holding them jointly liable for more than $228 million in restitution and an additional $15 million in disgorgement, according to a Tuesday court filing. “Defendants Alexandre and EminiFX are jointly and severally liable to pay restitution in the total amount of $228,576,962,” the court ruled. “Defendant Alexandre is liable to pay disgorgement in the amount of $15,049,500.” Read more5789 items