Strategy CEO Phong Le says the bitcoin treasury company will resume accumulating bitcoin later this year, even after selling four times since May. Le noted Strategy has still bought about 175,000 BTC in 2026 against roughly 7,000 sold, a 25-to-1 buy-to-sell ratio. A Pivot After Four Rounds of Selling Strategy CEO Phong Le told Fox […]
Read MoreMetaplanet, Hut8 Move $125 Million in Bitcoin off Exchanges
Metaplanet and Hut8 pulled a combined 1,966 BTC (worth roughly $125 million) off exchanges within a three-hour window on August 12. Two Treasury Companies Pull Bitcoin off Exchanges Metaplanet withdrew 1,473 BTC off an exchange, and roughly two hours later Hut8 followed with a 493 BTC withdrawal. Combined, the two transfers moved 1,966 BTC (about […]
Read MoreBitwise Cuts 14% of Staff as Its Own CIO Calls a Bitcoin Bottom
Bitwise Asset Management has cut its workforce by 14%, trimming headcount to about 155 from 180, as a prolonged crypto price slump has continued to squeeze many digital-asset firms. A Rough Stretch for Crypto’s Asset Managers Bitwise Asset Management, one of the largest crypto-focused asset managers in the United States, has laid off roughly 14% […]
Read MoreGlassnode: Bitcoin Sellers Showing Exhaustion Around $64,000, But No Bottom Yet
Glassnode says bitcoin sellers are showing signs of exhaustion, though the onchain analytics firm stopped short of confirming a historical market bottom is in. Selling Pressure Fades, But Confirmation Is Missing Onchain analytics firm Glassnode said this week that bitcoin sellers appear to be running out of steam, a signal often associated with the later […]
Read MoreXRP Millionaire Wallets Rise Again as Token Price Falls 29% in 3 Months
XRP wallets holding at least 1 million tokens grew by 32 over the past three months, even as the token’s market capitalization fell 29% in the same window, per Santiment. Whale Wallets Keep Climbing Despite the Slump The XRP Ledger’s wealthiest addresses are still adding to their positions even as the broader market struggles. Onchain […]
Read MoreSharplink Earns $11M From Ethereum Staking Despite $394M Q2 Loss
Sharplink reported a $394.3 million second-quarter loss as falling ether prices triggered more than $397 million in unrealized losses and impairments. Still, staking generated $11.2 million in revenue as the company continued building one of the largest corporate ETH treasuries. Sharplink Holds 888,938 ETH as Treasury Strategy Deepens Sharplink’s aggressive ethereum treasury strategy delivered rising […]
Read MoreBuried in the FCC’s New Robot Import Ban: The 35% Foreign-Parts Rule
U.S. regulators have moved to block imports of foreign-made humanoid robots, targeting devices produced abroad, especially in China, on national security and cybersecurity grounds. The FCC-backed restriction, announced in late July, also sweeps in robots assembled with more than 35% foreign components, extending earlier curbs tied to drones and firms such as Huawei and China […]
Read MoreWhat Is FINMA? Why Crypto Firms Keep Flocking to Switzerland
Switzerland has turned financial regulation into a competitive machine, pairing the Swiss Financial Market Supervisory Authority, better known as FINMA, with specialized regulatory pathways that have helped make the country one of the world’s premier destinations for finance, fintech, cryptocurrency, and blockchain businesses. The Swiss Financial Market Supervisory Authority (FINMA) sits at the center of […]
Read MoreSEC, CFTC Target Goliath Ventures Over $400M Crypto Ponzi
Federal regulators have targeted Goliath Ventures over an alleged crypto Ponzi scheme involving more than $400 million. The CFTC cites 1,600 customers, while the SEC alleges at least $425 million was raised from over 1,300 investors. Customers Put at Least $397 Million Into Alleged Crypto Scheme About 1,600 customers contributed at least $397 million through […]
Read MoreAUSTRAC Halts 96 Cryptolink Crypto ATMs Over Compliance Risks
Australia’s financial crime regulator has forced 96 Cryptolink crypto ATMs offline for three months after identifying renewed compliance failures. The suspension follows earlier enforcement over transaction reporting and anti-money laundering controls. Why Did AUSTRAC Shut Down Cryptolink’s 96 Crypto ATMs? Cryptolink’s 96 cryptocurrency automatic teller machines (CATMs), which allow customers to exchange cash for cryptocurrency, […]
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