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Bitcoin price pushed closer to its range highs, providing a breakout signal for multiple altcoins. Is it time for altseason? Key points: Bitcoin rallied above $113,000 on Friday, but the long wick on the candlestick shows solid selling at higher levels. Several major altcoins are trying to hold on to their support levels, but the bears have maintained their selling pressure. Read more
Itaú Asset is launching a crypto division within its billion-dollar mutual funds arm, aiming to deliver alpha for clients with digital assets trading. Itaú Asset Management, Brazil’s largest private asset manager, has created a dedicated crypto division and appointed former Hashdex executive João Marco Braga da Cunha to lead the new unit. The unit builds on Itaú Asset’s existing crypto products, including the bank's Bitcoin exchange-traded fund (ETF) and a retirement fund offering exposure to digital assets. Itaú Asset manages over 1 trillion reais ($185 billion) in assets for its clients. “The crypto asset segment has unique characteristics for generating alpha. It’s a relatively new market that creates major opportunities due to its volatility,” Cunha said. He previously served as portfolio management director at Hashdex, the Brazilian firm that behind one of the country’s first crypto ETFs. Read more
Bitcoin’s brief rally above $113,000 disintegrated after a shocking US jobs report emerged. Is it time to add or cut risk? Key takeaways: Bitcoin briefly surged to $113,000 before reversing after weaker-than-expected US payrolls data. Onchain flows show $2 billion in stablecoin inflows and record open interest near all-time highs. Read more
Whales are losing millions of dollars on the decline of the Trump-linked WLFI token, but most of the pre-sale participants are still holding the coin. Whales, or big cryptocurrency investors, have lost millions of dollars by betting on the price appreciation of the Trump family-linked World Liberty Financial (WLFI) token. Since its launch on Monday, the WLFI token’s price fell by over 40%, despite a large-scale token burn event that permanently reduced the token’s circulating supply, aiming to tighten supply and boost the value of the remaining tokens on the market. Despite the over 40% decline, some of the pre-sale holders are still showing confidence in the presidentially endorsed token. Read more
A 24/7 trading cycle would create new opportunities and risks for traditional financial markets that do not operate on nights and weekends. The US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) released a joint statement on Friday exploring a possible shift to 24/7 capital markets and regulations for crypto derivatives. Scaling onchain finance requires a 24/7 trading environment across asset classes, the regulators said in the statement. Crafting regulatory clarity for event contracts and perpetual futures — futures contracts without an expiry date — was also a priority. However, the agencies clarified: Read more
Ether’s exchange flux metric turned negative for the first time in history, signaling a shift in investor behavior and Ether’s potential to resume its uptrend. Key takeaways: Ether’s exchange flux balance turned negative for the first time, signaling aggressive accumulation. ETH price could rally to new highs above $5,000 if key resistance breaks. Read more
A trader grew $125,000 into $43 million on Ethereum with leverage on Hyperliquid, then cashed out $6.86 million. Here’s what traders can learn. A crypto trader managed to turn a $125,000 deposit into one of the largest Ether positions ever seen on Hyperliquid. Over four months, they compounded every gain into a single Ether (ETH) long, eventually controlling more than $303 million in exposure. At its peak, his equity hit $43 million. When the market began to reverse, they closed the trade entirely, walking away with $6.86 million in realized profit (a 55x return on the initial stake). Read more
Bitcoin price strength disappears despite nonfarm payrolls data cementing Fed rate cut bets, and bulls are nowhere to be seen. Key points: Bitcoin disappoints with volatility around US jobs data, resulting in a dive under $111,000. BTC price action gives up all its gains while gold goes on to hit yet another all-time high. Read more
Crypto exchange Bybit has become the first crypto exchange to debut stablecoin payments for regulatory fees in Kazakhstan’s AIFC. Kazakhstan’s financial regulators have allowed license and supervision fees to be paid in USD-pegged stablecoins. Kazakhstan’s Astana Financial Services Authority (AFSA), a designated financial authority for the Astana International Financial Centre (AIFC), has launched a project enabling AIFC members to pay regulatory fees in USD-pegged stablecoins. The regulator announced on Thursday that the project was officially launched at the local event Astana Finance Days 2025, signing a related multilateral memorandum of understanding (MMoU) with the centralized crypto exchange (CEX) Bybit. Read more
The $1-to-Bitcoin-millionaire story is mostly a myth. Discover why early buyers faced extreme volatility, exchange collapses, lost private keys and more. It’s almost an irresistible daydream: step into a time machine, buy a pile of Bitcoin for pennies in 2010 and return to the present to find millions sitting in your account. In March 2010, the first recorded Bitcoin exchange price was about $0.003 per Bitcoin (BTC), and prices never rose above $0.40 that year. Today, BTC trades well into the six-figure range. Read more
OnlyFans and Pornhub creator accounts may be harder to secure than a crypto account, but stricter hurdles don’t always mean stronger KYC. The verification process on adult platforms can be more cumbersome than Know Your Customer (KYC) checks on cryptocurrency exchanges — though added difficulty doesn’t necessarily reflect stronger compliance. Signing up as a model on OnlyFans or Pornhub isn’t all that different from opening an account on a crypto trading platform. The process often begins with a Google login (or other online accounts, depending on the exchange), followed by the familiar ritual of selfies and ID uploads. Both adult platforms and crypto exchanges are under mounting scrutiny over how they verify users — one to prevent minors from selling explicit content, the other to stop criminals from laundering money. Read more
PayPal's crypto checkout and global regulatory clarity signal the next phase: payments that work invisibly, not speculation that demands attention. Opinion by: Innokenty Isers, Founder and CEO of Paybis The loudest signal in months was not a price chart — it was a checkout button. PayPal turned on crypto at the point of sale for US merchants, promising near-instant settlement and international fees up to 90% lower than the status quo. Read more
Lawmakers are faced with a choice to block the creation of a US digital dollar due to privacy concerns, though critics argue the fight is more about politics. As US lawmakers return from their August recess, the debate over central bank digital currencies (CBDCs) is once again at the forefront of crypto policy. In the latest episode of Byte-Sized Insight, Cointelegraph spoke with Sheila Warren, CEO of the Project Liberty Institute, about whether the CBDC debate in Washington reflects real risks or political posturing, and what it means for the future of the digital dollar. Supporters of the measure argue that a CBDC would endanger civil liberties by giving the government unprecedented access to financial data. Read more
Belarusian President Aleksandr Lukashenko instructed lawmakers to create clear and transparent rules for the country’s cryptocurrency market. Belarusian President Aleksandr Lukashenko instructed lawmakers to develop transparent rules for the country’s cryptocurrency market. According to a Friday report by the local news agency Belarusian Telegraph Agency, Lukashenko said during a recent government conference that it is important for Belarus to keep up with trends. He said: Lukashenko pointed out that in 2023, he “gave a number of instructions to ensure comprehensive regulation of the sphere of digital tokens and cryptocurrencies.” He was referring to the Belarusian Presidential Decree No. 80, which called for developing a national crypto framework. Read more
South Korea’s Financial Services Commission introduced new rules for crypto lending, banning leveraged loans, capping interest at 20% and restricting use to the top coins. South Korea’s Financial Services Commission (FSC) set new rules for crypto lending. The FSC said on Friday that interest on crypto lending is now capped at 20% in South Korea, and leveraged lending is not allowed. Crypto lending is restricted to the top 20 tokens by market capitalization or those listed on at least three won-based exchanges. The new rules follow late July reports that South Korea’s financial regulators had plans to release guidelines on cryptocurrency lending services to tighten oversight and protect investors. The move also followed the introduction of leveraged lending services by local crypto exchanges. Read more
Sora Ventures said the fund is backed by an initial capital commitment of $200 million from institutional partners across Asia. Crypto venture capital company Sora Ventures announced a $1 billion Bitcoin treasury fund, and said it plans to acquire the full amount within six months. On Friday at Taipei Blockchain Week, Sora Ventures founder Jason Fang unveiled what he called “Asia’s first $1 billion Bitcoin treasury fund” during a discussion titled, Introducing BTC Strategy into Major Asia Equity Markets. Sora said the fund is backed by a $200 million capital commitment from institutional partners across the region. In an article shared by Fang, the company said it aims to accelerate Bitcoin adoption among corporate treasuries. Read more
From BitMine’s massive 1.5 million ETH reserve to Coinbase’s dual-purpose holdings, corporate treasuries are rewriting the Ether playbook in 2025. Companies aren’t just holding ETH; they are staking and restaking to generate steady onchain income. Mega-holders like BitMine (1.5 million ETH) can sway liquidity, validator distribution and even upgrade dynamics. Weekly ETH disclosures from firms like SharpLink give investors real-time insight into accumulation and staking rewards. Read more
Sun said his WLFI pre-sale allocation was “unreasonably frozen” in a move that could damage the reputation of the Trump-family-linked decentralized finance platform. Update Sept. 5, 11:20 a.m. UTC: This article has been updated to include insights from Coinbase’s Conor Grogan. Tron founder Justin Sun is urging World Liberty Financial (WLFI), a crypto project linked to the Trump family, to unfreeze his token allocation. His wallets were blacklisted after suspicious transactions flagged by blockchain trackers sparked accusations of selling. Sun’s World Liberty Financial (WLFI) token address was blacklisted on Thursday, after blockchain data from Nansen and Arkham flagged the address for a $9 million transfer, Cointelegraph reported. Read more
Bitcoin’s relief bounce above $112,000 liquidated shorts as analysts said BTC price may get an additional boost from the US jobs report. Key takeaways: Bitcoin breaks back above $112,000 on Friday as bulls clinch key support. More crypto market volatility is expected after the release of the US jobs report later on Friday. Read more
South Korean lawmaker’s bill would make ICOs legal again. Chinese state firm deletes posts about $70M worth of RWAs on Ethereum. Asia Express. A South Korean lawmaker has introduced draft legislation to create a framework for cryptocurrencies, including legalizing initial coin offerings (ICOs) and setting rules for stablecoin issuance. The proposal, announced Thursday by ruling Democratic Party lawmaker Lee Kang-il, would lift South Koreas ban enacted in 2017 during a speculative frenzy remembered as the ICO boom. The prohibition pushed Korean projects to launch tokens overseas. Lees bill seeks to replace the blanket prohibition with a disclosure-based regime. The draft law defines the digital asset sector as an independent industry, dividing it into nine business categories that include trading, brokerage, custody, payments and investment management. Trading and brokerage firms would require licenses, while other activities would operate under a registration system. Read more7306 items