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…

Adoption, Gas Usage And Price Trends

Key takeaways: Web3 daily activity held steady at 24 million in Q2 2025, but sector composition is shifting. DeFi leads transaction counts with 240 million weekly, yet Ethereum gas usage is now dominated by the RWA, DePIN and AI. Smart contract platforms’ coins and yield-generating DeFi and RWA tokens outperform the market, while AI and…

Bitcoin Profit Taking Ramps Up But Bulls Buy The Dip

Key points:  Profit-taking near Bitcoin’s range highs aligns with traders’ previous reaction to new all-time highs.  Dip-buying near key liquidation zones and consistent institutional investor demand suggest the sell-pressure won’t last long.  Bitcoin’s (BTC) abrupt sell-off from its $124,474 all-time high seemed like a routine outcome at first, especially considering that a portion of traders…

Google Becomes Largest Shareholder in TeraWulf

Tech giant Google has become the largest shareholder of TeraWulf, holding 14% of shares, after receiving more stock in exchange for increasing its backstop in the lease deal between the Bitcoin miner and AI infrastructure provider Fluidstack. TeraWulf disclosed in a shareholder call on Thursday that it inked a 10-year colocation lease agreement with Fluidstack….

Google Becomes Largest Shareholder in TeraWulf

Tech giant Google has become the largest shareholder of TeraWulf, holding 14% of shares, after receiving more stock in exchange for increasing its backstop in the lease deal between the Bitcoin miner and AI infrastructure provider Fluidstack. TeraWulf disclosed in a shareholder call on Thursday that it inked a 10-year colocation lease agreement with Fluidstack….

Traders Tilt Bearish on August BTC, ETH Targets as Retail Lags Institutions

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. As East Asia begins its trading day, BTC is trading at…

Bitcoin Profit Taking Ramps Up But Bulls Buy The Dip

Key points:  Profit-taking near Bitcoin’s range highs aligns with traders’ previous reaction to new all-time highs.  Dip-buying near key liquidation zones and consistent institutional investor demand suggest the sell-pressure won’t last long.  Bitcoin’s (BTC) abrupt sell-off from its $124,474 all-time high seemed like a routine outcome at first, especially considering that a portion of traders…

SEC delays rulings on Truth Social, Solana and XRP ETFs to October

The US Securities and Exchange Commission (SEC) has delayed rulings on three high-profile crypto exchange-traded funds (ETFs), extending review deadlines into October.  In notices filed Aug. 18, the agency set new decision dates of Oct. 8 for NYSE Arca’s Truth Social Bitcoin and Ethereum ETF, Oct. 16 for 21Shares’ and Bitwise’s Solana ETFs, and Oct….

ETH Faces Key $3.9K Test Amid Record Spot ETF Inflows

Key takeaways: Ether faces a liquidity battle between the $3,900 support and $4,400 resistance. Record ETF inflows of 649,000 ETH highlight sustained institutional demand. Long-term projections remain bullish, with dips toward $3,000 to $3,500 seen as setups for a rally toward $8,000. Ether (ETH) is entering a decisive trading week after recording its highest weekly…