Crypto News

Trump Media reports $238m loss as crypto falls Trump Media Reports $238m Loss as Crypto Falls Trump Media & Technology Group, the company behind Truth Social, has reported a loss of $238 million over the past year as the value of cryptocurrencies plunged. This loss comes amid declining digital asset values and challenges in monetizing the platform. The falling value of cryptocurrencies has impacted several digital platforms that rely on crypto investments. Trump Media's financial struggles are symptomatic of broader trends affecting the tech and finance sectors. Impact on Truth Social Truth Social, the social media platform launched by former President Donald Trump, was initially positioned as a strong competitor to mainstream...

Hedge Funds Start To Bet On A Bitcoin Rally Hedge Funds Start To Bet On A Bitcoin Rally Hedge funds are increasingly showing interest in Bitcoin, signaling a potential rally. While Bitcoin has faced its fair share of volatility, recent movements suggest a bullish outlook. Analysts and market watchers are paying close attention to this shift in sentiment, as hedge funds are known to have a substantial influence on market trends. The growing optimism comes amid broader economic uncertainties, with investors seeking alternative assets to diversify their portfolios. Bitcoin's decentralized nature makes it an attractive option for those looking to hedge against traditional market risks. The Role of Institutional Investors...

Bitcoin's $82K May Rally Setup Is Back, but One Key Ingredient Is Missing: Analyst Bitcoin's $82K May Rally Setup Is Back, but One Key Ingredient Is Missing: Analyst Park noted that the combination "can only end one way," without initially specifying the direction. Gold advocate Peter Schiff viewed the setup much more bearishly. Reposting Park's comments, Schiff suggested that the outcome would be a Bitcoin crash, asserting that investors were ignoring the risks building around the market. Park later responded to Schiff's interpretation rather than endorsing the crash prediction. The exchange highlights the uncertainty surrounding Bitcoin's unusually compressed volatility: low implied volatility can precede a significant move, but...

CT3 Begins Preparing Its Ecosystem for the Launch of the CT3GB Economy London, UK, August 10th, 2026, Chainwire CT3 has announced the start of comprehensive preparations for the future listing of the CT3GB token. The company has begun scaling its data storage infrastructure, building financial and infrastructure reserves, and preparing its own tokenized economy, in which CT3GB will become the platform’s primary settlement asset. At the same time, the transition to a new data storage architecture based on specialized smart contracts is underway, while an independent audit of the entire core smart contract infrastructure will be conducted ahead of the listing. Over the past several months, CT3 has significantly expanded the...

SCANDIC TRADE Ultimate 2.6 is now complete – the SNC SCANDIC ECO-System is now fully operational Nottingham, United Kingdom, August 10th, 2026, Chainwire Anyone who tracks digital assets is familiar with the problem: prices here, charts there, wallet transactions in yet another app, and portfolio notes in spreadsheets. SCANDIC TRADE aims to put an end to this fragmentation. The new platform brings together market monitoring, AI-powered analysis, non-custodial trading (self-custody, trading directly from your own wallet without third-party access), portfolio management and features relating to the SNC SCANDIC COIN within a single, integrated workspace. The approach is aimed at users who no longer wish to piece together information...

Bitcoin ETFs Draw $854M Over Five Days as Rate-Hike Bets Fade The Coldcard Theory Bloomberg ETF analyst Eric Balchunas floated a different explanation. IBIT, FBTC, and several others have taken money every day since the Coldcard exploit began draining Bitcoin from air-gapped wallets, he tweeted, "making it hard not to see causation in the correlation." He called it the third-best week since October and said it "would be ironic, but somehow on brand" if a theft from cold storage marked the start of the next run. Decrypt reported this month that exchange deposits made up of sub-10 BTC transfers hit 7,300 BTC on July 31, the most since February, with CryptoQuant saying holders appeared to be moving coins for safety while noting the...

Syntetika Launches Tokenization Hub Bringing Regulated Investment Strategies Onchain Road Town, British Virgin Islands, August 10th, 2026, Chainwire Deposits Are Open for hBTC, the Vault Token for Hilbert Group’s BTC Basis+ Strategy Syntetika, a tokenization hub for regulated investment strategies, opened deposits today for its first strategy: BTC Basis+, managed by the publicly traded Hilbert Group. Syntetika makes investment strategies that run inside regulated funds accessible directly from a wallet. Each fund operates with independent custody, and each cycle its net asset value is attested by an independent third party. That attested NAV is the price at which vault tokens are issued and redeemed. BTC Basis+ is a Bitcoin basis...

Trump Says 'Crypto Is a Big Deal, People Are Paying With Bitcoin' Building Wealth Across More Than Just the Market Building a resilient portfolio means thinking beyond a single asset or market trend. Economic cycles shift, sectors rise and fall, and no one investment performs well in every environment. That's why many investors look to diversify with platforms that provide access to real estate, fixed-income opportunities, precious metals, and even self-directed retirement accounts. By spreading exposure across multiple asset classes, it becomes easier to manage risk, capture steady returns, and create long-term wealth that isn't tied to the fortunes of just one company or industry. Arrived Backed by Jeff Bezos, Arrived Homes makes...

Thailand Waives Crypto Capital Gains Tax on Licensed Platforms Thailand Waives Crypto Capital Gains Tax on Licensed Platforms What Happens After 2029? The exemption is scheduled to run only through December 31, 2029. After that date, the law will need review or renewal, according to the primary reporting on the measure. Some analysts expect the policy to draw local and international interest to Thailand's licensed exchanges. For traders and businesses considering the framework over the longer term, the scheduled end date remains a central consideration. Whatever is decided for post-2029, this move signals a huge boost to crypto adoption in Southeast Asia, with Thailand looking to cement itself as a major player in the digital...

Bitcoin holds above $65k with U.S. inflation, Iran risks in focus Investing.com-- Bitcoin held largely steady around $65,000 on Monday after climbing above the level following a surprisingly weak U.S. jobs report, while investors turned cautious ahead of U.S. inflation data and monitored uncertainty surrounding efforts to ease tensions in the Middle East. The world's largest cryptocurrency last traded 0.5% higher at $65,191.4 by 02:41 ET (06:41 GMT). Get premium crypto market insights with InvestingPro subscription -- at 55% off now Traders await U.S. inflation data for Fed clues Data on Friday showed that U.S. employers unexpectedly cut 23,000 jobs in July, compared with expectations for an increase of about 80,000. Payrolls for...

Bitcoin 'Anti-Spam' Fork Sputters to a Halt After Mining Just Two Blocks Bitcoin 'Anti-Spam' Fork Sputters to a Halt After Mining Just Two Blocks Jameson Lopp, a long-time Bitcoin advocate and the co-founder of Bitcoin security company Casa, echoed the sentiment and took it a step further: "I won't be 'welcoming back' or unblocking any BIP-110 supporters," he posted on X. "They proved themselves to be susceptible to delusional propaganda from folks emanating reality distortion fields. In many cases they spewed vitriol and harassed the very people who have devoted their lives to supporting and improving Bitcoin." There's a further catch for anyone holding the fork's coins: because both chains accept identical transactions, a sale on...

US Senate advances landmark crypto bill before heading on August recess US Senate Advances Landmark Crypto Bill Before Heading on August Recess The U.S. Senate has advanced a significant bill aimed at regulating the rapidly growing cryptocurrency sector. This legislative move is seen as a landmark step in establishing a comprehensive framework for the industry. The bill, if passed, seeks to introduce a range of regulations focusing on aspects such as market stability, investor protections, and the prevention of illicit activities. Legislators have expressed the importance of regulating the sector to ensure it aligns with financial compliance standards, much like other financial services. Proponents of the bill argue that the...

Strategy (MSTR) vs BlackRock’s IBIT: Which Bitcoin Bet Has Held Up Better in 2026? Strategy (MSTR) vs BlackRock’s IBIT: Which Bitcoin Bet Has Held Up Better in 2026? IBIT investors lost what Bitcoin lost, while MSTR investors lost a lot more. The MSTR stock is eight points behind IBIT in 2026, and 31 points behind over the past twelve months. Why MSTR Lost More Than Bitcoin Did Strategy owns 842,138 Bitcoin, and that pile is worth $58.6 billion today. The whole company is only valued at $38.8 billion, so every dollar of MSTR stock has about $1.50 of Bitcoin behind it. That is the amplification Strategy advertises, and it cuts both ways, handing shareholders bigger gains when Bitcoin climbs and bigger losses when it falls. Bitcoin...

Trump Media Abandons Crypto Treasury, Prediction Market Ventures Trump Media Abandons Crypto Treasury, Prediction Market Ventures Democrats have repeatedly criticized Trump's expanding crypto ventures. Earlier this week, Sen. Elizabeth Warren (D-Mass.) and Sen. Richard Blumenthal (D-Conn.) urged the SEC to investigate President Donald Trump's meme coin, arguing the agency should determine whether it facilitated fraud or unjust enrichment. The request is the latest sign of growing Democratic scrutiny of Trump's business dealings, specifically in crypto, ahead of November's midterm elections. This article has been published in [yahoo.com](https://yahoo.com) via Yahoo News...

US sanctions Dubai crypto exchange for aiding Iran's IRGC, following a Reuters report US Sanctions Dubai Crypto Exchange for Aiding Iran's IRGC The OFAC designation comes soon after ​Dubai's Virtual Assets Regulatory Authority, or VARA, issued a notice saying Shelbit was in violation of money-laundering and terrorism financing laws. "The exposure identified by VARA extends beyond consumer protection to more egregious cross-border transactions with the ​propension to impact the integrity of ‌the UAE financial system," VARA said in a notice on its website on July 24. VARA did not respond to a request for comment. This article has been published in reuters.com via Yahoo News...

Bitcoin slips below $65,000 as ETF inflows offset fork concerns Investing.com -- Bitcoin traded under $65,000 on Sunday, slipping slightly over the previous 24 hours, as strong U.S. exchange-traded fund inflows competed with concerns surrounding the stalled BIP-110 minority chain. U.S. spot Bitcoin and Ether ETFs attracted a combined $1.1 billion last week, their strongest performance since April, despite trading activity remaining near multi-year lows. Bitcoin was trading at $64,800.9 as of 04:54 ET (08:54 GMT), reflecting a 0.28% decline. Bitcoin funds collected $853.5 million across five consecutive sessions through Friday, the largest weekly inflow since April 17. BlackRock’s IBIT accounted for $693.7 million, more than 80% of...

Treasury Sanctions Crypto Exchanges It Says Laundered Millions for Iran Treasury Sanctions Crypto Exchanges It Says Laundered Millions for Iran The U.S. Department of the Treasury has sanctioned a number of cryptocurrency exchanges it claims facilitated transactions for Iranian firms associated with terrorist activities. Among these exchanges are those that allegedly assisted in laundering millions of dollars. The Treasury targeted several Iranian-related entities, imposing restrictions to curb their ability to engage with the global financial system. These measures are part of a broader effort to deter terrorist financing networks operating through cryptocurrencies. Sanctioned exchanges have been accused of providing a platform...

Transatlantic Crypto Framework: What the US-UK Stablecoin Deal Means for Markets Transatlantic Crypto Framework: What the US-UK Stablecoin Deal Means for Markets For traders watching the US legislative side, this international alignment arrives as domestic crypto legislation remains contested. The CLARITY Act, which would establish a clearer US framework for digital asset market structure, has faced procedural hurdles in the Senate, making the bilateral approach a parallel track rather than a replacement for domestic legislation. Why This Matters Beyond the Headlines The practical significance lies not in immediate legal changes, but in reducing long-term policy uncertainty for firms developing stablecoin and tokenization...

MARA Bitcoin Holdings Drop 29% as Q2 Loss Widens to $611 Million MARA Bitcoin Holdings Drop 29% as Q2 Loss Widens to $611 Million The loss was further amplified by approximately $343 million in fair-value declines related to digital assets and receivables. The accounting charge contrasted with substantial valuation gains that supported the company's earnings a year earlier. MARA reported approximately $2.5 billion in combined cash and Bitcoin holdings at quarter-end. MARA Uses Bitcoin Treasury to Support AI Expansion The miner is directing more capital toward artificial intelligence and high-performance computing infrastructure as it seeks revenue beyond Bitcoin mining. Its planned $1.5 billion acquisition of Long Ridge includes...

South Africa's cross-border crypto ban proposal sparks backlash South Africa's cross-border crypto ban proposal sparks backlash Individuals can still transfer crypto abroad under personal allowances – up to 2 million rand (~$120,000) annually without pre-clearance and up to 10 million rand with tax authority clearance. Everyday cross-border remittances are capped at 5,000 rand. Absa, one of South Africa's largest commercial banks, sees the rules as long-awaited, with Rob Downes, who heads up digital assets at the lender's corporate banking division, saying bringing crypto platforms under exchange control rules creates clear rules. Still, he acknowledged that the proposed ban on corporate cross-border stablecoin transactions would...