SharpLink Adds $252M in ETH, Holds Nearly 800K Ether

SharpLink Gaming boosted its Ether treasury again last week, acquiring $252 million in ETH and raising $360.9 million through its at-the-market (ATM) equity program. The company now holds 797,704 Ether (ETH), worth about $3.7 billion, with $200 million in cash for further buys, the company revealed in a Tuesday update. “Our regimented execution of SharpLink’s…

Trump Media Sets Up CRO Treasury Strategy With Crypto.com

Trump Media and Technology Group, the owner of US President Donald Trump’s Truth Social platform, announced a business combination with cryptocurrency exchange Crypto.com and the blank check company Yorkville Acquisition. Trump Media, Crypto.com and Yorkville Acquisition entered into a definitive agreement to jointly establish Trump Media Group CRO Strategy, according to a Tuesday announcement. The…

Bitcoin’s “$124K Top” Fears Dismissed as 30/30 BTC Peak Indicators Stay Neutral

Key takeaways: Bitcoin’s $124,500 high is unlikely to be the cycle top, with all 30 peak indicators still neutral. Recent losses show new investors capitulating as seasoned holders are unfazed. Holding above the 20-week EMA keeps Bitcoin’s path open toward $150,000. Bitcoin’s (BTC) retreat from its record highs is fueling concerns over whether the market…

XLM Crashes Through Support as Volume Doubles in 24 Hours

Stellar’s native token XLM faced intense pressure over the past 24 hours, plunging from a session high of $0.398 to a low of $0.380. The 5% swing unfolded amid heavy sell-side activity, with the most dramatic capitulation striking on Aug. 25 at 19:00 UTC, when prices tumbled from $0.393 to $0.387. That move coincided with…

James Wynn Liquidated on 10x DOGE bet, as he prepares to ‘go max long’

Crypto millionaire James Wynn said the August market downturn was ending, even after his latest memecoin liquidation by an alleged market maker “cabal.” Wynn was liquidated on his recent 10x leveraged long position that was betting on a Dogecoin (DOGE) price appreciation, losing $22,627, according to blockchain data platform Onchain Lens’ Monday X post. That…

James Wynn Liquidated on 10x DOGE bet, as he prepares to ‘go max long’

Crypto millionaire James Wynn said the August market downturn was ending, even after his latest memecoin liquidation by an alleged market maker “cabal.” Wynn was liquidated on his recent 10x leveraged long position that was betting on a Dogecoin (DOGE) price appreciation, losing $22,627, according to blockchain data platform Onchain Lens’ Monday X post. That…

CertiK predicts ‘endless war’ with hackers after $2.5B stolen

Despite the crypto industry’s ongoing cybersecurity efforts, protocols are engaged in an endless war with cryptocurrency hackers, who continue to attack the weakest link in crypto protocols, which is often a human behavioral element. The industry is engaged in unfair warfare with bad actors, who only need a single point of vulnerability to exploit a…

Blue-Chip NFTs Tumble as ETH Retreats From All-Time Highs

Blue-chip non-fungible token (NFT) collections had steep weekly declines as Ether pulled back from all-time highs.  Data from decentralized finance aggregator DefiLlama showed that top projects saw their floor prices sink by double digits in the last seven days. Blue-chip NFT collections like Pudgy Penguins, Bored Ape Yacht Club (BAYC) and Doodles were among the…

Bitpanda Rules Out London IPO, Eyes Frankfurt or New York

Crypto exchange Bitpanda turned away from London’s public markets, citing weak liquidity on the London Stock Exchange (LSE) as a key factor in its decision. Eric Demuth, co-founder of the Vienna-based crypto exchange, told the Financial Times that while Bitpanda was actively evaluating a public listing, “it will not be in London.” Instead, the firm…

Ether Price Enters ‘Belief Zone’ Following $5K All-Time Highs

Key takeaways: Ether’s long-term holder net unrealized profit/loss indicator suggests the price has entered the “belief” phase. The market value to realized value suggests ETH is undervalued, with room to run toward $5,500. Ether’s rounded bottom pattern targets $12,100. Ether (ETH) price has rallied more than 240% since April to set a record high above…