Ethereum treasury SharpLink Gaming holds 728,804 ETH worth $3.4 billion

Ethereum treasury SharpLink Gaming holds 728,804 ETH worth .4 billion

Key Takeaways SharpLink Gaming disclosed holding 728,804 ETH, positioning itself among the largest corporate Ethereum treasuries. Nearly 100% of its holdings are staked, generating over 1,300 ETH in rewards and marking a strategic focus on ETH as a new financial core asset. Share this article SharpLink Gaming, one of the world’s largest corporate holders of … Read more

Why Did Crypto Crash Today? XRP and XLM Falling, ETH, SOL, ADA Skyrocketing

Why Did Crypto Crash Today? XRP and XLM Falling, ETH, SOL, ADA Skyrocketing

The crypto market is actually doing well today. Bitcoin is closer to its all-time high than $100k, while Ethereum is hovering above $4.5K. And some are asking, “Why did crypto crash today?” Although, there was some turbulence like hotter-than-expected US PPI data at 3.3% year-over-year which brought fears of delayed Fed’s rate cuts, the total … Read more

Latest Crypto News, August 15 – Why Is Crypto Down Today? U.S. July PPI Surges, Triggers Crypto Market Sell-Off: Best Crypto To Buy During This Dip?

Latest Crypto News, August 15 – Why Is Crypto Down Today? U.S. July PPI Surges, Triggers Crypto Market Sell-Off: Best Crypto To Buy During This Dip?

Let’s try to answer why the crypto market is down today. Yesterday, the U.S. Producer Price Index (PPI) for July rose 0.9% month-over-month and 3.3% year-over-year, far above forecasts of 0.2% and 2.5%. It was the largest monthly jump since June 2022, fueled by rising service costs in machinery wholesaling, portfolio fees, hospitality, and freight, … Read more

Wells Fargo boosts BlackRock Bitcoin ETF stake from $26 million to $160 million in Q2

Wells Fargo boosts BlackRock Bitcoin ETF stake from  million to 0 million in Q2

Key Takeaways Wells Fargo increased its stake in BlackRock’s iShares Bitcoin Trust from $26 million to over $160 million in Q2 2025. The bank also expanded its investments in other Bitcoin ETFs, including Invesco Galaxy Bitcoin ETF (BTCO) and Grayscale’s funds. Share this article Wells Fargo increased its holdings in BlackRock’s Bitcoin ETF, the iShares … Read more

Hong Kong’s SFC sets new custody standards for crypto trading platforms

Hong Kong’s SFC sets new custody standards for crypto trading platforms

Key Takeaways Hong Kong’s SFC há introduced new standards to enhance the custody of virtual assets for licensed trading platforms. The guidance mandates stronger wallet infrastructure, access controls, and management oversight to address global security risks. Share this article Hong Kong’s Securities and Futures Commission (SFC) has issued a circular to all licensed virtual asset … Read more

Government-backed IoT company Sequans plans to accumulate 100,000 Bitcoin over next five years

Government-backed IoT company Sequans plans to accumulate 100,000 Bitcoin over next five years

Key Takeaways Sequans plans to acquire 100,000 Bitcoin by 2030 as part of its long-term treasury strategy. The company is leveraging equity, debt, and intellectual property monetization to fund ongoing Bitcoin purchases. Share this article Sequans Communications, a Paris-based semiconductor company backed by the French government, announced Thursday its plans to acquire 100,000 Bitcoin by … Read more

OFAC Targets Kyrgyz Crypto Firms Over Russian Stablecoin Activity

Ethereum Validators Unstake Over .6 Billion, ETH USD Falls: What’s Going On?

The U.S. Treasury’s Office of Foreign Assets Control has added several Kyrgyzstan-based companies to its sanctions list over their involvement with a ruble-backed stablecoin called A7A5. Authorities accuse the firms, including A7 LLC, Old Vector, and subsidiaries like A7 Agent, of helping Russia sidestep economic restrictions tied to its war in Ukraine. These companies were … Read more

BtcTurk Loses $48 Million in Hot Wallet Breach

BtcTurk Loses  Million in Hot Wallet Breach

BtcTurk, one of Turkey’s largest cryptocurrency exchanges, has suffered a $48 million hack that targeted its hot wallets. The company initially paused crypto deposits and withdrawals, though fiat trading and lira transactions remained online. What started as a vague “technical issue” was quickly revealed to be something far more serious. Outside analysts flagged it as … Read more

Trump’s Treasury Secretary Bessent backs Bitcoin acquisitions after saying America’s not buying

Trump’s Treasury Secretary Bessent backs Bitcoin acquisitions after saying America’s not buying

Key Takeaways Trump’s Treasury Secretary stirred concerns today with a comment that the US will not be purchasing Bitcoin. Treasury aims to increase the reserve through budget-neutral methods to support US leadership in cryptocurrency. Share this article US Treasury Secretary Scott Bessent clarified that the administration is still eyeing budget-neutral ways to grow the national … Read more