DOGE Aims for $0.29 As ETF Hopes And Crypto Treasuries Surge

Key point: China-based pork processing company and Bitcoin miner Bit Origin said on Monday that it had completed the acquisition of 40.5 million Dogecoin (DOGE) for its crypto treasury. Earlier, the firm said on July 17 that it aims to become the largest publicly traded DOGE holder. For that, the firm has entered into agreements…

Crypto Still Seen as 'Risky' Among U.S. Investors Despite Ownership Surging 8x Since 2018: Survey

Cryptocurrency may be easier to buy than ever, but most Americans still want no part of it. A new Gallup survey found that just 14% of U.S. adults own crypto, a figure that has been growing but still represents a small slice of the investing public. The study, conducted in mid-June, revealed deep skepticism about…

XRP ‘Healthy Correction,’ Ether Supply Decline: Hodler’s Digest

Top Stories of The Week Australian fintech Finder wins court battle over crypto yield product The Australian Federal Court ruled in favor of fintech company Finder.com, clearing it and its yield-generating product, Finder Earn, in a legal battle with the Australian Securities and Investments Commission (ASIC) that lasted almost three years.  In a Thursday court…

Solo Bitcoin Miner Successfully Mines Block

A solo Bitcoin (BTC) miner successfully mined a block on Saturday, collecting the 3.125 BTC block reward, valued at $372,773.  The miner, operating through the Solo CK pool, a solo mining service, successfully mined block 907283, which contained 4,038 transactions and block fees totalling $3,436. Rising network hashrate and difficulty make it increasingly harder for…

XRP ‘Healthy Correction,’ Ether Supply Decline: Hodler’s Digest

Top Stories of The Week Australian fintech Finder wins court battle over crypto yield product The Australian Federal Court ruled in favor of fintech company Finder.com, clearing it and its yield-generating product, Finder Earn, in a legal battle with the Australian Securities and Investments Commission (ASIC) that lasted almost three years.  In a Thursday court…

XRP Holders Should ‘Protect Themselves’ Amid Chris Larsen-Linked Sales

Key points: Ripple co-founder Chris Larsen sparks warnings to XRP investors after a wallet linked to him sends 50 million tokens to exchanges. Larsen notionally has over 2.5 billion XRP left, which would create massive selling pressure if distributed. XRP/USD currently trades 13% below recent all-time highs, failing to recover after the sell-off. XRP (XRP)…

Pakistan’s Youth Leading Charge on Bitcoin Adoption

Pakistan’s demographics position the country as a major catalyst for Bitcoin (BTC) adoption, allowing it to “leapfrog” developed nations, according to Bilal Bin Saqib, Pakistan’s state minister of crypto and blockchain. “A global policy shift has happened, not just in Pakistan, but all around the world,” Bin Saqib told Cointelegraph in an exclusive interview. The…

Bitcoin Price Reclaims $118K Liquidity as BTC Traders Hope For New Highs Next

Key takeaways: Bitcoin traders now turn their focus to higher levels after Friday’s $115,000 liquidity grab. Fundstrat’s Tom Lee predicts Bitcoin could hit $250,000 by year-end.  Bitcoin (BTC) recovered sharply after sweeping range lows on Friday and is trying to continue its uptrend into the weekend, indicating that bulls are still in control of the…

Bitcoin Price Reclaims $118K Liquidity as BTC Traders Hope For New Highs Next

Key takeaways: Bitcoin traders now turn their focus to higher levels after Friday’s $115,000 liquidity grab. Fundstrat’s Tom Lee predicts Bitcoin could hit $250,000 by year-end.  Bitcoin (BTC) recovered sharply after sweeping range lows on Friday and is trying to continue its uptrend into the weekend, indicating that bulls are still in control of the…

State of Crypto: The Senate Responds to Clarity Act

The Senate Banking Committee has introduced a discussion draft bill for addressing crypto market structure, tackling part of what will overall be a significant legislative push to meet the House's Clarity Act. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future…