Trump Crypto Company to Back Fighter Bonuses in Stablecoins as Part of UFC Event

Some of the fighters in Sunday’s Ultimate Fighting Championship (UFC) event on the White House lawn will be paid bonuses in stablecoins issued by the Trump family crypto company World Liberty Financial. On Monday, World Liberty confirmed that UFC would pay up to $250,000 in bonuses using USD1, the US dollar-pegged stablecoin issued by the…

Hyperliquid loses Anthropic, OpenAI markets as creator shuts down project

One of the biggest players that provides trading of private-company stocks on Hyperliquid is closing down, signaling that this hot new market is beginning to consolidate. Ventuals, the project behind perpetual futures tied to OpenAI and Anthropic valuations, said Monday it is winding down and that its team will join another project building within the…

Bitcoin May Rebound to Six-Figures Before October, BTC Price Technicals Suggest

Bitcoin (BTC) chart technicals suggest that the BTC price rebound to $100,000 may still happen by September. BTC/USD daily chart. Source: TradingView Key takeaways: Bitcoin is painting a potential double-bottom and bullish divergence pattern. BTC price must break above a resistance confluence near $66,700 Double-bottom hints at 60% BTC price upside BTC rebounded 13.25% from…

Pudgy Penguins Winds Down Pudgy Party After 1M Downloads

Non-fungible token (NFT) project Pudgy Penguins is winding down its mobile game Pudgy Party and halting further development. In an X post, the team said on Saturday that it would shift its gaming resources toward Pudgy World, a browser-based experience which it described as the flagship gaming product for the Pudgy Penguins ecosystem.  “We’ve made…

BitMine Nears 5% of ETH Supply With $10B Holdings Despite Bear Market

BitMine Immersion Technologies continued to expand its Ether holdings last week, acquiring more of the second-biggest digital asset despite a prolonged market downturn as its large staking operation continues to generate yield. On Monday, the crypto treasury company reported that it acquired 76,881 Ether (ETH) over the past week, potentially reducing its average cost basis…

Bitcoin Sweeps Liquidity ‘Pockets’ Amid Doubts Over $67,000 Holding

Bitcoin (BTC) neared $67,000 at Monday’s Wall Street open as the US-Iran peace deal kept risk assets surging. Key points: Bitcoin adds to gains as US-Iran peace cues trigger broader risk-asset upside. Traders do not see downside pressure as over yet, with liquidity grabs the focus on low-time frame price action. Flagging demand shows signs…

DeFi Could Reach $2.7T as Tokenization Expands: StanChart

Standard Chartered expects assets locked in decentralized finance (DeFi) to grow 37-fold to $2.7 trillion by the end of 2030. The expansion would be driven by both tokenized real-world assets (RWAs) and crypto-native assets moving through onchain protocols, Geoff Kendrick, head of digital assets research at Standard Chartered, said in a research note on Monday. …

BTC price prediction: Bitcoin may have bottomed at $60,000, says Coinbase (COIN) CEO

Coinbase (COIN) CEO Brian Armstrong believes bitcoin BTC$66,414.89 may have bottomed near $60,000. “My instinct is we probably have bottomed at this point, maybe at the sixty K number, but nobody can say for sure,” Armstrong said in a video posted on X on Monday. He added that he remains long bitcoin and expects prices…

Bitbank Warns of Account Suspensions Over Polymarket Use

Bitbank, one of Japan’s largest cryptocurrency exchanges, warned users that transactions linked to prediction market platforms such as Polymarket could result in account suspensions due to potential conflicts with the country’s gambling laws. In a notice published on Monday, Bitbank said it may restrict accounts making deposits or withdrawals connected to prediction market services. The…

Bitcoin Nears $66K After Trump Announces Iran Peace Deal

Bitcoin came just shy of $66,000 during Monday morning trading after US President Trump claimed that the US had brokered a peace deal with Iran that would reopen the Strait of Hormuz. “The deal with the Islamic Republic of Iran is now complete. Congratulations to all!” Trump posted on his Truth Social platform late on…