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Found 2228 news

  • Bitcoin outflows aren’t benefiting gold; both assets feel the pressure
    CryptoSlate - 15:21 Aug 30, 2025
    Recent data from Bitcoin and gold ETFs revealed a departure from historical trends this month: instead of flows moving in opposite directions as they normally do, both Bitcoin and gold experienced outflows at the same time. This rare correlation speaks volumes about the current macroeconomic environment and shifting investor psychology. Bitcoin outflows didn’t benefit gold, […] The post Bitcoin outflows aren’t benefiting gold; both assets feel the pressure appeared first on CryptoSlate.
    Tags: Bitcoin
  • Bitcoin is for payments; store of value is ‘just a neat byproduct’: BitVM creator
    CryptoSlate - 12:54 Aug 30, 2025
    The debate about Bitcoin as a method of payment versus a store of value is ongoing. With prices consistently above $100k, the relentless push from ETF issuers and Bitcoin treasury companies, and the inevitable institutionalization of the space, using Bitcoin for small payments seems more alien than ever. But is Jack Dorsey right in saying […] The post Bitcoin is for payments; store of value is ‘just a neat byproduct’: BitVM creator appeared first on CryptoSlate.
    Tags: Bitcoin BitVM
  • Bitfinex-backed Plasma secures EtherFi partnership with $500 million ETH vault integration
    CryptoSlate - 22:30 Aug 29, 2025
    Bitfinex-backed Plasma announced a strategic partnership with EtherFi on Aug. 29, positioning the stablecoin-focused neobank as a day-one launch partner for the blockchain’s mainnet beta. EtherFi will transfer over $500 million from its Ethereum (ETH) staking vault to Plasma’s platform, providing liquidity for stablecoin-backed yield strategies. The collaboration integrates EtherFi across Plasma’s DeFi ecosystem, providing […] The post Bitfinex-backed Plasma secures EtherFi partnership with $500 million ETH vault integration appeared first on CryptoSlate.
    Tags: Bitfinex-backed Plasma Etherfi
  • Tether abandons plan to freeze USDT on legacy crypto networks, classifies them ‘unsupported’
    CryptoSlate - 21:45 Aug 29, 2025
    Tether abandoned plans to freeze its dollar-pegged USDT tokens on several older blockchains and is choosing instead to classify them as “unsupported,” according to an Aug. 29 statement. The change applies to networks such as Bitcoin Cash, Kusama, EOS, and Algorand, among others. Users will still be able to move tokens across wallets, but Tether […] The post Tether abandons plan to freeze USDT on legacy crypto networks, classifies them ‘unsupported’ appeared first on CryptoSlate.
    Tags: USDt Tether
  • BlackRock Ethereum ETF captures second-highest weekly inflows among over 4,400 ETFs
    CryptoSlate - 21:00 Aug 29, 2025
    BlackRock’s iShares Ethereum (ETH) Trust ETF (ETHA) recorded $1.244 billion in weekly inflows from Aug. 18-22, ranking second among all 4,400-plus ETFs tracked during the period. NovaDius Wealth president Nate Geraci noted in an Aug. 29 post via X that only Vanguard’s S&P 500 ETF outperformed ETHA’s with $1.711 billion in weekly flows. He also […] The post BlackRock Ethereum ETF captures second-highest weekly inflows among over 4,400 ETFs appeared first on CryptoSlate.
    Tags: BlackRock Ethereum ETF ETFs
  • Eliza Labs files antitrust lawsuit against X, alleging AI agent monopolization
    CryptoSlate - 20:15 Aug 29, 2025
    Eliza Labs and founder Shaw Walters filed a federal antitrust lawsuit against social media platform X on Aug. 27. According to the lawsuit, the plaintiffs are alleging that the social media platform fraudulently extracted technical information about their AI agents before deplatforming them and launching competing products. The complaint seeks damages exceeding $75,000 and immediate […] The post Eliza Labs files antitrust lawsuit against X, alleging AI agent monopolization appeared first on CryptoSlate.
    Tags: Eliza Labs
  • Bitwise says Solana next to hit fresh highs as institutional adoption wave matures
    CryptoSlate - 19:30 Aug 29, 2025
    Bitwise Chief Investment Officer Matt Hougan said Solana could soon set new all-time highs, mirroring Bitcoin and Ethereum’s record runs earlier this year. Hougan argued that SOL is set to benefit from the same forces that propelled BTC and ETH to new highs this cycle, namely exchange-traded fund (ETF) inflows, large capital firms entering the […] The post Bitwise says Solana next to hit fresh highs as institutional adoption wave matures appeared first on CryptoSlate.
    Tags: Bitwise Solana
  • Bitcoin signals uptrend resumption in late September based on holding patterns
    CryptoSlate - 18:47 Aug 29, 2025
    Bitcoin (BTC) holding patterns suggest a potential resumption of the uptrend starting in late September 2025, as long-term accumulation data reveals evolving market dynamics driven by institutional adoption and policy catalysts. CryptoQuant Korean Community Manager Crypto Dan’s analysis reveals that the current cycle differs from previous bull markets due to extended timeframes and flattening momentum […] The post Bitcoin signals uptrend resumption in late September based on holding patterns appeared first on CryptoSlate.
    Tags: September Bitcoin
  • Japan-based Gumi commits $17M to XRP amid expansion into global payment networks
    CryptoSlate - 17:53 Aug 29, 2025
    Tokyo-based game developer Gumi Inc. is stepping deeper into digital assets with plans to acquire 2.5 billion yen (equivalent to $17 million) worth of XRP, according to an Aug. 29 announcement. The purchase will be spread across five months from September 2025 through February 2026. According to the firm, the move is designed to give Gumi […] The post Japan-based Gumi commits $17M to XRP amid expansion into global payment networks appeared first on CryptoSlate.
    Tags: Japan-based Gumi
  • Ethereum’s $3M grassroot grant program suddenly paused as Foundation rethinks priorities
    CryptoSlate - 16:01 Aug 29, 2025
    The Ethereum Foundation has paused new grant applications to its Ecosystem Support Program (ESP) as it reconsiders how it funds builders and projects. The pause, announced Aug. 29, comes as the Foundation restructures its approach to ecosystem development and looks to align its grantmaking with longer-term priorities. A detailed roadmap outlining new funding priorities is […] The post Ethereum’s $3M grassroot grant program suddenly paused as Foundation rethinks priorities appeared first on CryptoSlate.
    Tags: Ethereum Foundation
  • Tether’s market share dips below 60% for first time since 2023
    CryptoSlate - 15:46 Aug 29, 2025
    Tether’s share of the stablecoin market has dropped below 60% for the first time in more than two years, signaling a shift in an industry that continues to expand at unprecedented rates. Data from DeFiLlama shows the issuer’s market dominance fell to 59.55%, its lowest level since March 2023, even as the broader stablecoin sector […] The post Tether’s market share dips below 60% for first time since 2023 appeared first on CryptoSlate.
    Tags: Tether
  • Tron slashes fees by 60% to boost on-chain activity risking $28 million hit to revenue
    CryptoSlate - 15:08 Aug 29, 2025
    The Tron blockchain is preparing for its steepest fee reduction since launch, following a community vote by its Super Representatives (SRs). On Aug. 29, Tron founder Justin Sun confirmed that the blockchain network’s community has backed a proposal to lower fees by 60%. This adjustment, scheduled to take effect later today, aims to lower transaction […] The post Tron slashes fees by 60% to boost on-chain activity risking $28 million hit to revenue appeared first on CryptoSlate.
    Tags: Tron
  • Argentina’s opposition party votes to reopen investigation into President Milei over LIBRA scandal
    CryptoSlate - 00:00 Aug 29, 2025
    Argentina’s opposition parties have revived a stalled investigation into President Javier Milei’s role in the LIBRA scandal, seizing on new corruption allegations that have rattled the government just weeks before October’s elections. The commission, first created in April but largely paralyzed by bureaucratic and congressional hurdles, was reactivated on Aug. 28 after leaked recordings implicated […] The post Argentina’s opposition party votes to reopen investigation into President Milei over LIBRA scandal appeared first on CryptoSlate.
    Tags: Argentina LIBRA President Milei
  • Top crypto protocols generate $1.2B in revenue after recording 9.3% monthly growth
    CryptoSlate - 23:00 Aug 28, 2025
    The 10 highest-grossing crypto protocols generated $1.2 billion in revenue during the 30 days ending Aug. 28, representing a 9.3% increase from the previous month’s total of $1.1 billion per DefiLlama data. Ethena led the percentage gains with a 243% revenue surge, jumping from $9.46 million to $32.48 million, as its synthetic dollar USDe captured […] The post Top crypto protocols generate $1.2B in revenue after recording 9.3% monthly growth appeared first on CryptoSlate.
  • CaliberCos adopts Chainlink as treasury reserve amid financial woes, stock surges 60%
    CryptoSlate - 22:15 Aug 28, 2025
    A publicly listed real estate firm has become the first corporate treasury vehicle to hold Chainlink (LINK) as a reserve asset, signaling the growing push by companies to adopt alternative digital assets beyond Bitcoin (BTC) and Ethereum (ETH). CaliberCos, a Phoenix-based asset manager whose stock has fallen more than 98% since its 2023 Nasdaq debut, […] The post CaliberCos adopts Chainlink as treasury reserve amid financial woes, stock surges 60% appeared first on CryptoSlate.
    Tags: CaliberCos Chainlink
  • Solana Policy Institute grants $500K to defend Tornado Cash developers
    CryptoSlate - 21:34 Aug 28, 2025
    The Solana Policy Institute (SPI) has pledged $500,000 to the legal defense of Tornado Cash developers Roman Storm and Alexey Pertsev, according to an Aug. 28 statement. Storm and Pertsev helped create Tornado Cash, an Ethereum-based privacy protocol that allows crypto transactions to be mixed and anonymized. After deployment, the developers relinquished control of the […] The post Solana Policy Institute grants $500K to defend Tornado Cash developers appeared first on CryptoSlate.
    Tags: Tornado Cash Solana Policy Institute
  • Tokenized US Treasuries reach $7.45 billion all-time high after July correction
    CryptoSlate - 20:33 Aug 28, 2025
    US tokenized treasury products reached a new all-time high of $7.45 billion on Aug. 27, surpassing the previous peak of $7.42 billion registered on July 15. According to rwa.xyz data, the milestone caps a 14% recovery over two weeks following a market correction that bottomed out at $6.51 billion on Aug. 13. The tokenized treasury […] The post Tokenized US Treasuries reach $7.45 billion all-time high after July correction appeared first on CryptoSlate.
    Tags: Tokenized Treasuries July
  • Treasury Secretary Bessent’s stablecoin push could drive $34 trillion into Ethena, Etherfi, Hyperliquid
    CryptoSlate - 19:37 Aug 28, 2025
    Treasury Secretary Scott Bessent’s endorsement of dollar-pegged stablecoins creates a pathway for up to $34 trillion to flow into decentralized finance protocols such as Ethena, Ether.fi, and Hyperliquid. Arthur Hayes reported in his Aug. 27 blog post that Bessent aims to redirect capital from the $13 trillion Eurodollar system and $21 trillion in Global South […] The post Treasury Secretary Bessent’s stablecoin push could drive $34 trillion into Ethena, Etherfi, Hyperliquid appeared first on CryptoSlate.
    Tags: Etherfi Treasury Secretary Bessent Hyperliquid Ethena
  • CFTC issues advisory to restore US access to foreign crypto exchanges
    CryptoSlate - 18:32 Aug 28, 2025
    The Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight issued an advisory on Aug. 28 clarifying foreign board of trade (FBOT) registration rules for non-US exchanges seeking to provide Americans with direct market access. Acting Chair Caroline Pham positioned the guidance as a remedy for trading activity that departed during previous enforcement actions. The […] The post CFTC issues advisory to restore US access to foreign crypto exchanges appeared first on CryptoSlate.
    Tags: CFTC
  • Trump-backed Bitcoin mining firm to go public on Nasdaq next month
    CryptoSlate - 17:49 Aug 28, 2025
    American Bitcoin, the mining company partly owned by Donald Trump Jr. and Eric Trump, is preparing to go public on the Nasdaq in September, Reuters reported on Aug. 28. The firm, launched in March, is 80% owned by Toronto-based Hut 8, one of North America’s largest crypto miners. The Trump brothers collectively own the remaining […] The post Trump-backed Bitcoin mining firm to go public on Nasdaq next month appeared first on CryptoSlate.
    Tags: Trump-backed Bitcoin Nasdaq

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