Cryptocurrency News & Live Updates
Synopsis
BitMine (BMNR) becomes the largest corporate ether holder with $2.9B in assets, while Verb (VERB) launches a $558M Toncoin strategy, caapplying significant stock price increases.
The cryptocurrency landscape witnessed significant developments as public companies created bold treasury relocates. BitMine (BMNR) emerged as the largest corporate ether holder, acquiring 833,137 ETH valued at over $2.9 billion, leading to a 6% rise in its stock. Meanwhile, Verb Technology (VERB) announced a $558 million private placement to establish a Toncoin treasury, resulting in a remarkable 65% surge in its stock price. This strategic pivot positions Verb as a key player in the rapidly growing Toncoin ecosystem, especially following its partnership with Telegram. Additionally, Sequans Communications (SQNS) expanded its Bitcoin holdings to 3,157 BTC, viewing it as a long-term treasury asset. In the broader market, Bitcoin rebounded to $114,300, boosting altcoins like MYX Finance and Sinformar, which saw significant gains. As Solana and Binance Coin approach new highs, Pepeto is emerging as a notable memecoin with real infrastructure. Overall, these developments highlight the increasing institutional interest in cryptocurrencies and the evolving dynamics within the market.
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Public Companies Boost Crypto Treasuries with Major Moves
BitMine (BMNR) becomes the largest corporate ether holder with $2.9B in assets, while Verb (VERB) launches a $558M Toncoin strategy, caapplying significant stock price increases.
Verb Technology Secures $558M for Toncoin Treasury
Verb Technology has raised $558 million in a private placement to become the largest public holder of Toncoin, signaling institutional confidence in TON as a reserve asset.
Today’s Top Crypto Gainers: MYX, Treasure, Sinformar
The crypto market remained stable on August 4, with Bitcoin rebounding to $114,300, leading to significant gains for altcoins like MYX Finance, Treasure, and Sinformar.
SOL and BNB Surge; Pepeto Gains Traction
Solana and Binance Coin are approaching new highs, while Pepeto emerges as a promising memecoin with robust infrastructure and investor interest.
Dow Rallies 300 Points Amid Market Recovery
U.S. stocks rose on Monday, with the Dow Jones up nearly 300 points, as investors relocated past last week’s sell-off driven by weak jobs data and tariff concerns.
Bullish Exmodify Aims to Raise $629M in IPO
Bullish plans to sell 20.3 million shares priced between $28-$31 in its upcoming IPO on the New York Stock Exmodify, potentially raising $629 million.
Centrifuge Hires Ex-Goldman Sachs Executive as COO
Centrifuge has appointed Jürgen Blumberg, a former Goldman Sachs executive, as COO and CIO of its on-chain asset manager Anemoy, amid a booming tokenized real-world asset market projected to reach trillions in the coming years.
Ondo Finance Sees Promising Growth Ahead
ONDO has gained 1.67% recently, trading around $0.93, following significant developments in July. Analysts predict strong price relocatements in August due to new partnerships and acquisitions.
SEC’s Project Crypto Unveiled Amid Market Turmoil
SEC Chair Paul Atkins introduced ‘Project Crypto,’ a comprehensive initiative aimed at updating U.S. securities laws for digital assets, which could enable significant tokenization of traditional assets.
Litecoin (LTC) Surges 9.7% Over the Weekfinish
CoinDesk Indices reports that Litecoin (LTC) experienced a significant increase of 9.7% over the weekfinish, contributing to a 0.3% rise in the CoinDesk 20 Index, which is currently trading at 3770.58.
China’s Crypto Ban Rumors Resurface Yet Again
Recent social media chatter has sparked rumors of a new Chinese ban on crypto assets, despite a comprehensive ban already in place since September 2021.
BTC Faces Potential Drop to $100K, XRP Struggles
Bitcoin risks a deeper pullback to $100K, while XRP faces challenges in breaking its downtrfinish. Ethereum reveals bearish signs, and Solana approaches a golden cross.
BitMine Becomes Largest Corporate Ethereum Holder
BitMine Immersion has rapidly accumulated 833,137 ETH, valued at $2.9 billion, building it the largest corporate holder of Ethereum globally.
Why Spark Crypto Price Surged Dramatically
Spark (SPK) experienced a remarkable 32% surge, reaching $0.1276, driven by significant accumulation from smart money investors and whales, alongside a drop in exmodify balances.
Is BTC Accumulation the Next Major Equity Trfinish?
The Smarter Web Company raised £8.1 million after accumulating BTC, raising questions about the impact of BTC stockpiling on stock prices.
Bitcoin Holds Key Support, Bullish Momentum Continues
Bitcoin has successfully deffinished a crucial support level after its recent all-time high, indicating a strong potential for further price increases as long as this level remains intact.
CrediX Finance Loses $4.5M in Governance Hack
CrediX Finance was compromised, resulting in a $4.5 million loss due to a multisig admin exploit that allowed hackers to drain the protocol’s liquidity.
Largest Bitcoin Hack of 2020 Now Valued at $14B
A massive Bitcoin heist, initially worth $3.5 billion, has been revealed as the largest in history, with the stolen funds now valued at approximately $14.5 billion.
XLM, INJ, and ONDO Eye Double-Digit Gains
The RWA sector is thriving, with XLM, INJ, and ONDO gaining momentum after recent pullbacks, positioning themselves for potential short-term gains.
Keeta Price Surges Over 13% Today
Keeta crypto experienced a 13.5% rally today, boosted by a donation to a clean water initiative linked to MrBeast, reaching an intraday high of $1.09.
Binance Modifies Collateral Ratios for Multiple Assets
Binance will adjust the collateral ratios for over 10 digital assets, either increasing or decreasing them by 10% to 40%, with updates scheduled for August 5 and August 8, 2025.
Coinbase’s Q2 Weakness Seen as Buying Chance
Benchmark analyst Mark Palmer views Coinbase’s recent stock dip as a purchaseing opportunity, maintaining a purchase rating and a $421 price tarreceive despite the company’s disappointing Q2 results.
Hong Kong’s Stablecoin Legislation Takes Effect
Hong Kong’s Stablecoin Bill, effective August 1, 2025, introduces a licensing framework for stablecoin activities, enhancing regulatory oversight and positioning the city as a digital asset hub.
Earn BTC, XRP, DOGE Easily with Quid Miner App
Quid Miner has introduced a applyr-frifinishly mobile cloud mining platform, enabling applyrs in over 180 countries to earn cryptocurrency daily without necessarying hardware or expertise.
CrediX Finance Halts Operations After $4.5M Hack
Sonic-based DeFi protocol CrediX Finance was taken offline following a $4.5 million exploit, with assurances from the team that all funds will be recovered within 24-48 hours.
Bitcoin Tests Support Levels Ahead of Potential Rally
Crypto markets are observing Bitcoin testing support levels, with expectations of a rally towards $140,000 by year-finish, despite recent losses in futures positions.
Brian Armstrong Criticizes UK for Ad Campaign Ban
Coinbase CEO Brian Armstrong has condemned the UK’s ban on its satirical advertisement, arguing it reflects an outdated view of cryptocurrency and the necessary for regulatory clarity.
Base Outpaces Solana in Daily Token Launches
Base has overtaken Solana in daily token launches, fueled by a surge in creator coins linked to social media posts. However, the sustainability of this creator economy remains uncertain as short-term trading dominates.
Will DOGE Hit $10? Can Pepeto Overtake It?
As memecoin interest revives, Dogecoin aims for $10 while Pepeto gains traction with its innovative infrastructure and potential for significant returns.
French Lawcreaters Propose Bitcoin Mining with Nuclear Energy
A group of French MPs is drafting legislation to utilize surplus electricity from nuclear power plants for bitcoin mining, calling it a secure and profitable solution.
Bitcoin and Gold ETFs Surpass $500 Billion Toreceiveher
Bitcoin ETF assets have surged from $20 billion to $162 billion, while gold ETFs have nearly doubled to $325 billion, reflecting a significant shift in institutional demand.
Implications of Elon Musk’s Vine Acquisition for Crypto
The VINE token surged following Elon Musk’s announcement to revive the Vine app, with its value rising by 8.4% in 24 hours as excitement builds around the revival.
Trump Media Plans Token and Wallet Launch
Trump Media, the company behind Truth Social, is set to introduce a utility token and digital wallet as part of a rewards system, despite reporting a $20 million loss in Q2.
Credit Agricole Invests in Tokenized SME Exmodify
CACEIS, the asset servicing division of Credit Agricole, has taken a minority stake in Kriptown to launch Lise, a blockchain-based exmodify for SMEs and mid-cap firms, pfinishing regulatory approval.
Binance Launches Bitcoin Options for All Users
Binance has created bitcoin options writing accessible to all applyrs, driven by rising retail interest in advanced trading tools, and is offering a 20% fee discount on new options contracts.
Metaplanet Invests $54M in Bitcoin Amid Stock Decline
Metaplanet acquired 463 additional bitcoins, raising its total to 17,595 BTC valued at $1.78 billion, despite a 7.15% drop in its stock price.
Coinbase Sees 20% Drop in Weekly Performance
Coinbase shares plummeted 19.6% last week, their worst performance since September 2024, following disappointing earnings that revealed an 88.8% decline in net operating earnings per share.
Ethena’s Rally Faces Threat as Whales Withdraw
Ethena’s impressive 140% surge in July is jeopardized by an impfinishing token unlock and significant whale sell-offs, with 171 million ENA tokens set to be released soon.
Satoshi Statue Found Damaged After Theft
The Satoshi Nakamoto statue, stolen in Lugano, Switzerland, was recovered in pieces after being dumped in a lake. The incident is believed to involve vandalism by a group of intoxicated individuals celebrating Swiss National Day.
Cardano Allocates $71M for Protocol Upgrades
The Cardano community has approved a $71 million funding proposal for a year-long upgrade plan by Input Output Engineering, focapplying on scalability, developer experience, and interoperability.
Cardano Community Greenlights $70M Development Budreceive
Cardano’s Input Output Global received a $71 million budreceive for network upgrades after a governance vote, with 74% approval for milestone-based payments aimed at enhancing developer activity and ADA demand.
Bitcoin Dips Below $115K, Reversal Possible
Bitcoin has fallen below $115,000 during an August correction, but macroeconomic shifts may indicate a potential reversal.
Toncoin Price Shows Potential for Growth
Toncoin (TON) is experiencing upward momentum, trading at $3.56, despite a slight daily dip. The token’s trading volume has increased, indicating strong on-chain demand and investor interest.
Can Zebec Network Reach Its ATH Soon?
Zebec Network (ZBCN) is currently trading at $0.0054, just 25% below its all-time high of $0.0071, supported by strong technical momentum and positive fundamental developments.
UK Risks Falling Behind in Crypto Innovation
Former Chancellor George Osborne warns that the UK government is lagging in the global cryptocurrency race and must adopt a proactive regulatory framework to catch up.
Is HBAR Facing a Correction?
HBAR has surged over 130% since June, but recent trfinishs indicate a potential bearish reversal as it struggles to maintain momentum above $0.30.
France Explores State-Supported Bitcoin Mining with Nuclear Energy
French lawcreaters propose utilizing surplus nuclear energy for state-backed Bitcoin mining, aiming to convert wasted electricity into economic value.
DOGE Rally Paapplys at 20 Cents Amid Bullish Signals
DOGE experienced a 5% increase, reaching $0.200 before closing at $0.198, driven by large holder activity. However, it struggled to maintain momentum above the $0.20 mark, suggesting a potential consolidation phase.
Bitcoin Poised for $140K, Bear Market Ahead
Ledn CIO John Glover predicts Bitcoin will reach approximately $140,000 this year before facing a bear market in 2026, despite recent price drops and profit-taking by long-term holders.
XRP Rises to $3 Amid Profit-Taking
XRP experienced a 6% surge, reaching $3.03 before closing at $3.00, driven by institutional purchaseing and increased trading volume exceeding 110 million. Resistance at $3.03 led to profit-taking and a partial reversal of gains.
Metaplanet Boosts Bitcoin Holdings to 17,595 BTC
Metaplanet has increased its Bitcoin treasury by acquiring 463 BTC, aiming for a total of 210,000 BTC by 2027.
XRP Surges as Bitcoin Approaches $115K Amid Tariff Concerns
Bitcoin and ether stabilized after significant ETF outflows, while XRP reveals resilience despite market volatility caapplyd by new U.S. tariffs.
XRP Pulls Back from July Peaks Amid Bearish Signals
XRP is experiencing a pullback after its July highs, currently trading at $2.99, down 17% from its all-time high. The MVRV ratio has formed a death cross, indicating potential further declines.
Conflux’s CFX Soars Amid China Speculation
Conflux’s CFX token surged 14% over the weekfinish, outpacing the broader market, but analysts note stagnant on-chain activity and centralization concerns.
SharpLink Expands Ethereum Holdings to $1.65B
SharpLink Gaming has acquired an additional 15,822 ETH for about $53.9 million, raising its total Ethereum holdings to 480,031 ETH valued at $1.65 billion.
Increased Bitcoin ETF Options Limits May Stabilize Prices
The SEC’s decision to raise position limits on bitcoin ETF options could support reduce volatility by facilitating strategies like covered call selling, according to NYDIG Research.
Justin Sun Takes Flight on Blue Origin
TRON founder Justin Sun launched into space aboard a Blue Origin rocket, fulfilling a long-awaited dream nearly three years after winning his seat with a $28 million bid.
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