Polkadot Launches Capital Markets Division for TradFi

Polkadot has launched a capital markets division aimed at bridging traditional finance and its blockchain ecosystem, underscoring the network’s push to attract institutional players as digital assets gain traction. Unveiled on Tuesday, Polkadot Capital Group was created in response to rising institutional demand for digital assets and improving regulatory clarity in the United States. Its…

SharpLink Adds $667M In ETH As Prices Near ATH

Sports betting platform SharpLink Gaming snapped up Ether last week as the cryptocurrency surged to near all-time highs. SharpLink added 143,593 Ether (ETH) as ETH prices climbed above $4,700, according to a filing with the US Securities and Exchange Commission on Tuesday. SharpLink’s latest ETH purchases came at near-record prices, paying an average price of…

Concordium Debuts Private Age Checks Amid UK ID Backlash

Layer-1 proof-of-stake blockchain Concordium launched a mobile app that allows users to verify their age without disclosing their identity. According to a Tuesday announcement shared with Cointelegraph, the new solution — available as a mobile application for iOS and Android — uses zero-knowledge proofs (ZK-proofs) to allow users to prove their age without revealing their…

NAKA News: 5,743.91 BTC Acquired

KindlyMD, Inc. (NAKA) has acquired 5,743.91 BTC through its subsidiary Nakamoto Holdings, marking the company’s first major bitcoin purchase following the merger. The acquisition brings KindlyMD’s total Bitcoin holdings to 5,764.91 BTC. This purchase was done at a weighted average price of $118,204.88, with the $679 million transaction funded using PIPE proceeds. “This acquisition reinforces…

401(k) Crypto Retirement plans ‘bigger’ than Bitcoin ETF approval: analyst

The inclusion of cryptocurrency in US retirement plans could mark a milestone for Bitcoin adoption and unlock billions of dollars in new capital, potentially pushing the asset above $200,000 by the end of 2025, according to André Dragosch, head of European research at crypto asset manager Bitwise.  President Donald Trump paved the way for cryptocurrency…

Short-term Bitcoin Holders Panic Sell 20K BTC This Week.

Key takeaways: Short-term Bitcoin holders have sold over 20,000 BTC at a loss since Sunday. Technicals suggest pushing Bitcoin’s price below $100,000 could be a tough task for the bears. Bitcoin (BTC) price has pulled back below $116,000, as uncertainty ahead of Jerome Powell’s Jackson Hole speech led investors and traders to reevaluate risks and…

Bitcoin Bulls Are Safe From Losing $100,000 Support, Says Analyst

Key points: Bitcoin is safe from breaking below $100,000 for the rest of the current bull market, analyst BitQuant said. The latest predictions hint that $145,000 is still in play for BTC price. A new dip below $114,500 closes a CME futures gap in place since July. Bitcoin (BTC) will not “come close” to $100,000…

South Korea Halts New Crypto Lending, Guidelines in the Works

South Korea’s top financial regulator ordered crypto exchanges to suspend new digital asset lending services, citing mounting risks and highlighting a need for clear rules.  The Financial Services Commission (FSC) said on Tuesday that it sent letters to exchanges requesting the suspension of new crypto lending until it completes guidelines. Existing contracts, like repayments and…

Faraday Future Stock Slid 7% on Monday After It Reported Its Q2 Result.

Shares in electric vehicle maker Faraday Future Intelligent Electric fell almost 7% on Monday after the company filed its second-quarter earnings, which also came just a day after announcing a multibillion-dollar crypto reserve plan.  Faraday Future Intelligent Electric (FFAI) saw a brief spike as the markets opened on Monday, but eventually closed the trading session…

Illinois Passes Crypto Consumer Protection Laws

Illinois Governor JB Pritzker took a swipe at US President Donald Trump for allowing “crypto bros” to guide policy as he signed two bills to regulate crypto in the state on Monday. “While the Trump Administration is letting crypto bros write federal policy, Illinois is implementing common-sense protections for investors and consumers,” said Pritzker on…