Crypto Execs Ask Trump to Kill Bank Data Fees

A group of crypto and fintech executives has urged US President Donald Trump to block banks from charging fees for access to their customer data, arguing it stifles consumer choice. The letter sent to Trump on Wednesday accused large banks of looking to “preserve their market position by imposing exorbitant new ‘account access’ fees that…

Bitcoin Price Highs Vanish 1-day Later, Here’s Why

Key takeaways: BTC futures premium remains neutral, indicating traders were unfazed by the recent $6,630 price drop. The Bitcoin options skew and macroeconomic concerns suggest limited appetite for a breakout above $120,000. Bitcoin (BTC) faced a sharp rejection after reaching a $124,089 all-time high on Thursday. The drop below $117,500 triggered $227 million in leveraged…

ETH $5K Prediction Odds Hit $87% on Polymarket

Key takeaways: Ether trades at $4,600 with a 64% chance of hitting $5,000 by Aug. 31. The odds of a new ETH all-time high in August jump to 87% on Polymarket. Analysts warn of a potential correction to $4,000 to $4,400 if a key price support fails. Ether (ETH) is trading below $4,600 as the…

American Bitcoin Orders Bitmain Mining Rigs Amid Trade Tensions

American Bitcoin, a Bitcoin (BTC) mining company backed by members of US President Donald Trump’s family, exercised an option to purchase up to 17,280 application-specific integrated circuits (ASICs), hardware for crypto mining, from Bitmain earlier this month. The mining company purchased a fleet of 16,299 Antminer U3S21EXPH units from Bitmain, capable of 14.02 exahashes per…

Crypto Exchange Coinbase Officially Closes $2.9 Billion Deribit Deal

Update, Aug 14, 22:34 UTC: This article has been updated to show that Coinbase has completed six acquisition deals in 2025. Crypto exchange Coinbase closed the acquisition of Deribit, the world’s largest crypto options trading platform by volume, adding to its portfolio of digital asset businesses. Trading volumes on Deribit topped $1 trillion in 2024,…

Spar Supermarket launches Crypto Payments in 300 stores in Switzerland

Global grocery giant Spar is enabling stablecoin and cryptocurrency payments in its stores across Switzerland, marking what the company says will be the first nationwide rollout of digital asset payments in the retail sector. The grocery chain is partnering with Binance Pay and Swiss fintech firm DFX.swiss to allow customers to pay with more than…

Strategic Reserve Purchases May Still Be in Play

Treasury Secretary Scott Bessent began Thursday by dashing the hopes of at least some bitcoiners, saying the Strategic Bitcoin Reserve would be made up of the $15 billion to $20 billion already held by the government, but that there was no intention of making any fresh purchases. He ended the day, however, by seemingly contradicting…

American Bitcoin Orders Bitmain Mining Rigs Amid Trade Tensions

American Bitcoin, a Bitcoin (BTC) mining company backed by members of US President Donald Trump’s family, exercised an option to purchase up to 17,280 application-specific integrated circuits (ASICs), hardware for crypto mining, from Bitmain earlier this month. The mining company purchased a fleet of 16,299 Antminer U3S21EXPH units from Bitmain, capable of 14.02 exahashes per…

BTC Dips Below $120K Again After Hot US PPI Data

Key takeaways: Bitcoin drops below $118,000 after a hot US PPI print fueled inflation concerns. Federal Reserve interest rate cut odds dropped to 90.5% from 99.8%. Double top signals and short-term pullbacks in BTC price give altcoins room to rally. Bitcoin (BTC) has pulled back sharply from its fresh all-time high of $123,400, dropping to…

ETH $5K Prediction Odds Hit $87% on Polymarket

Key takeaways: Ether trades at $4,600 with a 64% chance of hitting $5,000 by Aug. 31. The odds of a new ETH all-time high in August jump to 87% on Polymarket. Analysts warn of a potential correction to $4,000 to $4,400 if a key price support fails. Ether (ETH) is trading below $4,600 as the…