Buyers returned, but futures traders are shorting XDC. Here are the details!

A Beijing court sentenced a former technology firm executive to 14 years and six months in prison on Tuesday for embezzling 140 million yuan (US$19.5 million) and laundering the funds through crypto. The executive, surnamed Feng, held responsibility for approving incentive payouts at a short video platform. Prosecutors said he colluded with external vendors to submit false claims and reroute corporate funds into accounts he controlled. The money was then converted into Bitcoin and other digital...

Ethereum is holding firm despite Bitcoin’s retreat, with analysts pointing to supportive market conditions this week that could accelerate its climb toward $5,000. While altcoins fumbled amid Bitcoin’s correction to $117,000 on Monday, Ethereum went against the tide, rallying nearly 3% from Tuesday’s low of $3,716. The move pushes the second-largest token closer to the $4,000 psychological level for the fourth time since March 2024. Several bullish fundamentals are now at play, Decrypt was told....

Visa has processed over $200 million in stablecoin settlements, but the payments giant says the technology is still in its infancy and awaits firmer regulatory guardrails before it can scale further. “It's still early, but we do see real potential,” CEO Ryan McInerney said Tuesday during Visa’s fiscal Q2 2025 earnings call. “On the one hand, $200 million is a great kind of milestone. On the other hand, it's still a relatively small portion of our overall settlement volume.” Visa posted strong fi...

A Bloomberg analyst stated that institutional investors will benefit more from the in-kind basis than retail.

Bitcoin and the broader crypto market remained at a standstill on Tuesday, even as constructive diplomatic discussions unfolded in Stockholm between the U.S. and China. Beijing's top trade official, Li Chenggang, reportedly said both sides agreed to work on extending a pause in tariffs beyond the August 12 deadline. The U.S. Treasury Secretary Scott Bessent, however, clarified that such an extension was discussed but “not decided.” A 90-day tariff pause remains intact, with a 30% tariff on Chine...

Michael Saylor’s Strategy has yet again pulled off the largest crypto-linked equity raise this year, closing a $2.5 billion offering on Tuesday through a deal involving STRC, a newly created class of perpetual preferred stock that pays a floating monthly dividend starting at 9%. Proceeds were used to buy 21,021 BTC at an average price of $117,256, bringing Strategy’s total holdings to 628,791 BTC, worth more than $74 billion at current prices. Once listed, STRC would be the first “U.S. exchange-...

MARA posts strongest quarter ever, triggering a 7.5% after-hours surge and renewed investor confidence.

Microsoft unveiled Copilot Mode for its Edge browser Tuesday, introducing an experimental AI assistant that wants to reimagine how users navigate the web. The feature, available free for a limited time, transforms Edge from a traditional browser into an intelligent collaborator that anticipates user needs and automates routine tasks. Users can opt in after updating Edge to the latest version. But why bother with an AI browser when ChatGPT, Claude, and Perplexity already exist as perfectly funct...

The Nym protocol token jumped 12% Tuesday after demand for a VPN in the UK spiked more than 6,000% in response to the Online Safety Act, which now requires age checks on adult and social media websites, according to a new report by VPNMentor. NYM, the native token of the decentralized VPN and privacy platform of the same name, was trading at $0.05 on Tuesday, according to CoinGecko. The jump in value also follows the launch of NymVPN’s iOS app the day before. “The reason there's an increase is b...

Solana longs get crowded near resistance - What's next?

Is the SEC intentionally delaying action—or safeguarding its reputation amid conflict concerns over Trump’s ETF?

Gate, a leading global cryptocurrency exchange, and World Liberty Financial (WLFI), the developer of a […]

Bitcoin treasury Twenty One Capital has increased the amount of BTC it will hold when it begins trading after adding about 5,800 BTC from Tether, the company said on Tuesday, potentially making it the third largest corporate holder of the asset.   The firm, the product of a joint effort by Tether, Bitfinex, Cantor Fitzgerald, and SoftBank, said it will have 43,500 Bitcoin. That's about $5.1 billion at the current price of $117,516 per BTC.  "With the partners, capital, team, and structure we've...

Here's why September could be a key month for altcoin traders

Collective Shout issued an open letter to payment processing giants Mastercard, PayPal, and Visa this month to try and convince gaming storefronts to remove titles featuring rape, incest, and child sexual abuse-themed games. In response, Steam and Itch.io broadly delisted or limited “adult” games on their storefronts—many of which do not feature the aforementioned themes. The removals were met with major uproar from gamers, some of whom opined that leaning on crypto to process payments could be...

Publicly traded biotech company 180 Life Sciences is raising $425 million to start an Ethereum treasury—and taking on a monstrous new moniker in the process.  Now calling itself ETHZilla—and wielding the catch phrase “Unleash the zilla” on social media Tuesday—the firm expects to secure $425 million via a private investment in public equity (PIPE) offering at a purchase price of $2.65 per share. After closing of the transaction, which included participation from more than 60 institutions and cry...

Everyone’s in profit, but no one’s buying. Is Bitcoin’s next move a breakout or a blindside?

The founders of Bitcoin mixer Samourai Wallet will plead guilty on Wednesday, Federal court documents show, in a case that has rattled privacy advocacy groups. Both William Lonergan Hill and Keonne Rodriguez will change their pleas in a New York court, according to the filing in U.S. District Court for the Southern District Court of New York.  Feds arrested Hill and Rodriguez last year and then shut down their Bitcoin mixing platform. The U.S. Department of Justice alleged that the app was an "u...

Cardano founder projected that ADA could rally to $80 or even $800