Bitmine Extends Ether Buying Streak to 65 Weeks

Bitmine Immersion Technologies extended its Ether buying streak to 65 consecutive weeks, adding 53,501 ETH last week as a broader crypto market recovery lifted the value of its burgeoning digital asset portfolio despite sizable unrealized losses. The latest purchase brought Bitmine’s holdings to more than 5.9 million ETH, valued at roughly $14.8 billion based on…

Russian Crypto Trading to Bring $46B to Regulated Exchanges After Legalization

Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries. All news, reviews, and analyses are produced with full journalistic independence and integrity. For more details on our standards and processes, please read our Editorial Policy. Source link

Strive Adds 1,800 Bitcoin in $143M BTC Purchase

Strive, a publicly traded asset manager and Bitcoin treasury company, added 1,800 Bitcoin to its holdings last week, accelerating an accumulation strategy that has propelled it into the ranks of the world’s five biggest publicly traded corporate Bitcoin holders. The company purchased the Bitcoin (BTC) for approximately $143 million between Aug. 24 and Aug. 28,…

Robinhood Chain beats Ethereum in daily revenue as memecoin trading takes over

The two-month-old network processed a record 5.52 million transactions on Aug. 30 as users launched 22,600 tokens and memecoin trading tools drove most of the $2.66 million in revenue. Source link

Bitcoin Is Struggling To Control $80,000 After A Week Of Gains

Bitcoin (BTC) fell below $80,000 into Tuesday’s Wall Street open as crypto and gold gave way to gains in US equities. Key points: Bitcoin upside momentum fizzles as $80,000 proves difficult to flip to support. Gold joins BTC price downside after multimonth highs of $4,697 per ounce as US 30-year bond yields target three-week lows….

Cronos halts network after Tectonic exploit involving estimated $75M

Crypto.com CEO Kris Marszalek said the company’s app and exchange were unaffected by the Tectonic breach and continued operating normally. Source link

Bitcoin’s New Quantum Defenses, 18.9M SOL Cancelled: Hodler’s Digest

Bitcoin embraces post quantum future Despite considerable skepticism among Bitcoiners about how close the quantum threat to Bitcoin actually is, two stories this week highlighted the progress being made toward upgrading the blockchain and protecting outputs from attack. StarkWare researcher Avihu Levy tested an experimental quantum-resistant transaction on the Bitcoin mainnet that protects it during…

From Hawala to Swift: Inside the 1,000-year battle to move money safely

Finance has spent centuries decoupling wealth from physical transport, but constantly erasing friction creates vectors for increasingly high-tech exploits. Source link

Strategy Bitcoin Buying May Resume After Saylor ‘We’re Back’ Signal

Strategy’s Michael Saylor said “We’re Back” in his latest signal on X (formerly Twitter) of the company’s likely return to Bitcoin buying. For market watchers, the post could be a strong psychological signal as Saylor has a track record of dropping cryptic weekend teasers that precede official Monday morning treasury purchase announcements. Should that record,…

Michael Saylor hints at first bitcoin purchase in two months as bitcoin nears $79,000

Bitcoin rebounds from Friday’s low as Strategy’s valuation expands and bitcoin dominance climbs above 60%. Source link