DeFi Education Fund Gives Advice To Senate On Crypto Market Bill

Crypto lobby group DeFi Education Fund has called on the US Senate Banking Committee to rethink how it plans to regulate the decentralized finance industry after reviewing its recently published discussion draft on a key crypto market-structure bill. The response, signed on behalf of DeFi Education Fund (DEF) members including a16z Crypto, Uniswap Labs, and…

Key BTC Levels to Watch Ahead of Fed Chair Powell’s Speech.

Key takeaways: Fed interest-rate cut odds this week are now less than 3%, according to Polymarket. BTC price may drop as low as $112,000 if key support levels are broken. Bitcoin (BTC) price remained flat on Wednesday at $118,200, as traders adopted a wait-and-see approach amid growing macro uncertainty. BTC/USD four-hour chart. Source: Cointelegraph/TradingView 97%…

Solo Bitcoin Miners Defy the Odds as Block Rewards Keep Coming

Solo miners have been defying the odds, successfully claiming full Bitcoin block rewards even as the network hashrate hovers near all-time highs. As of this writing, the Bitcoin (BTC) network’s hashrate is hovering around 902 exahashes per second (EH/s), just below its all-time peak, according to Blockchain.com. The figure shows growing competition and higher difficulty,…

Crypto Treasurys Top $100B for Ethereum’s 10th Anniversary: Finance Redefined

Ethereum’s 10th anniversary was marked by a significant milestone in terms of institutional crypto adoption, as cryptocurrency treasury firms surpassed $100 billion in collective investments on Thursday. Ethereum’s 10th birthday brought renewed corporate interest in Ether (ETH), which saw the 10 largest corporate crypto treasury firms amass over 1% of the total Ether supply since…

ARK Invest Adds to Coinbase and BitMine Positions as Stocks Drop

ARK Invest has seized the recent stock market dip to boost its stakes in major US crypto exchange Coinbase and Bitcoin miner BitMine Immersion Technologies. The Cathie Wood-led firm added a total of 94,678 shares of Coinbase (COIN) across three of its funds, including the ARK Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW)…

Mill City Raises Another $500 Million For SUI Treasury

Nasdaq-listed Mill City Ventures III may raise another $500 million under an equity agreement to fund its recently announced Sui treasury strategy — however, the news triggered a double-digit fall in Mill City’s share price. The finance firm’s announcement on Friday came shortly after raising $450 million earlier in the week, which was used to…

DeFi Education Fund Gives Advice To Senate On Crypto Market Bill

Crypto lobby group DeFi Education Fund has called on the US Senate Banking Committee to rethink how it plans to regulate the decentralized finance industry after reviewing its recently published discussion draft on a key crypto market-structure bill. The response, signed on behalf of DeFi Education Fund (DEF) members including a16z Crypto, Uniswap Labs, and…

Is Bitcoin Price Going To Crash Again After Losing $115K?

Key takeaways: Bitcoin hinges on $115,000 support, risking a drop toward $104,000. Weekly RSI divergence points to a deeper correction. Rising NUPL signals increased profit-taking, hinting $123,000 was the local top. Bitcoin (BTC) is down on Friday, dropping below $115,000 for the first time since July 25. The inability to crack the resistance at $120,000…

Crypto ETFs See Record $12.8B Inflows in July as Market Rallies to New Highs

Crypto exchange-traded funds on U.S. exchanges recorded their strongest month ever in July, attracting $12.8 billion in net inflows as investor enthusiasm surged alongside rising token prices and optimism around regulation. The data, reported by Bloomberg Intelligence’s Eric Balchunas, marks a new monthly record for the sector. The only month that came close was November…

Strategy Expands STRC Offering Twice in One Week

Bitcoin (BTC) treasury company Strategy has expanded the scope its STRC offering twice since issuing the corporate security on July 22. The company announced an at-the-market offering of up to $4.2 billion of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC), a hybrid corporate security, to purchase more BTC on Thursday. STRC is…