Crypto News

Another crypto kidnapping in France amid potential government collapse A former cryptocurrency trader was reportedly kidnapped and held captive between Paris and Saint-Germain-en-Laye (Yvelines) during Aug. 26-27, a local media report said. The report cited a source who said: The kidnappers allegedly demanded a ransom of more than $11,630 for the release of the victim. Though the former crypto trader was freed, he returned home with a swollen face. More on crypto and security: France PM François Bayrou in trouble The news comes amidst the prospect of a political collapse in France due to an economic crisis. Crypto kidnappings in France France has also been hit by a wave of crypto-related kidnappings in recent months. In...

- The growing soccer talk among active crypto traders is not just due to the return of the English Premier League (EPL), but also thanks in large part to Football.fun—a growing on-chain ecosystem that has provided sizable returns to early participants and soccer fans alike.  The newly established protocol built on Coinbase’s Ethereum layer-2 network, Base, allows users to buy shares in their favorite soccer players like Lamine Yamal and Kylian Mbappe across the world’s top professional leagues—like the EPL, La Liga, and Bundesliga—and be rewarded based on their actual performance.  The game blends the experience of opening trading cards with elements of fantasy sports and crypto trading, and has grown more than 10x in just a few...

- Key Points Inflation hedges gold and the cryptocurrency Bitcoin have posted significant gains since 2020. Each has a reputation for being a store of value, maintaining value through economic downturns. Each is finite in quantity and touted as an investment that can help you weather inflation. During the pandemic alarm, gold climbed steadily, but Bitcoin dropped aggressively. Many analysts pointed to the dip as proof that Bitcoin isn't, in fact, a store of value. Fast-forward five years, and the picture reverses. Bitcoin has performed 10 times better than its older, shinier rival. But despite impressive gains, it remains extremely volatile. The Biggest Cryptocurrency Won't Climb Straight Bitcoin has built a reputation as the most...

- Taylor Swift-Travis Kelce Engagement Sparks Crypto Payday A Polymarket user by the name of "romanticpaul" capitalized on a high-profile celebrity rumor with a successful bet on the engagement of Taylor Swift and Travis Kelce, picking up a profit of more than $3,000 simply by buying "Yes" shares just hours before the news was made official. Launched in 2020, Polymarket lets traders place bets on a number of future events, such as election results, the Fed's decisions, box office results, crypto prices, etc., using cryptocurrency. The prediction market proposition of whether Swift and Kelce would make a public announcement of their engagement in 2025 gained momentum as speculation intensified. The "Yes" shares eventually traded...

- Cronos Blasts Off to 3-Year High After Trump Media's $6.4 Billion CRO Treasury Move CRO, the native coin of the Cronos network, hit a three-year high price Wednesday after President Donald Trump's media company announced plans to build a multi-billion-dollar treasury to hold the cryptocurrency. CoinGecko data shows that CRO is the best-performing digital asset over 24 hours among the top 100 cryptocurrencies by market cap, having shot up in the time by 26% to a price above $0.26. Over a seven-day period, CRO is also the winner, spiking by 83%. Earlier on Wednesday, the coin surged as high as nearly $0.29. The last time CRO was priced that high was back in May 2022. Even so, at its current price, the coin remains down by 73% from...

- Numeraire Climbs After JPMorgan Deal to Lead AI Token Surge The token for Numerai, a crypto hedge fund utilizing artificial intelligence, led a surge in AI-focused digital assets after JP Morgan Asset Management announced a $500 million commitment to the project. NMR increased over 100% within the past 24 hours, trading near $23. The AI-token sector experienced a 5.8% rise in a day, reaching a total market cap of $29.4 billion. This rally followed Nvidia's report of weaker-than-expected earnings for the second quarter, despite its key role in the AI boom. Among the day's gainers, Near Protocol (NEAR) climbed 1.5%, the token of the Artificial Superintelligence Alliance (FET) increased by 1.3%, and Internet Computer (ICP) rose 1%...

- Ripple, Coinbase, Kraken joins over 100 firms in Senate showdown Ripple, along with more than 100 crypto companies and tech advocacy groups, has formed a coalition to urge the Senate Banking Committee to include explicit protections for software developers in upcoming market structure legislation or risk opposition. The group sent a letter with over 114 signatories, including Andreessen Horowitz, Coinbase (Nasdaq: COIN), DCG, Grayscale, Kraken, Paradigm, Solana Labs, and Uniswap Labs, on Aug. 27, which called for national legal protections for developers and non-custodial service providers. Crypto firms' stance The main points put forward by the crypto firms include: The effort is led by the DeFi Education Fund and the Chamber...

- Why Analysts Are Cautious About HYPE's All-Time High HYPE just hit a record high, but can the rally last? In today's "Chart of the Day," CoinDesk breaks down the data behind Hyperliquid's incredible surge and explains why some analysts are flagging some major risks that could test the token's demand. This article has been published in CoinDesk via Yahoo News. https://finance.yahoo.com/video/why-analysts-cautious-hypes-time-194921300.html

- Why Cronos Is Skyrocketing Today Cronos (CRYPTO: CRO) is flying higher today, with a 20.6% increase in the last 24 hours. This surge coincides with modest gains in the S&P 500 and the Nasdaq Composite. Cronos, Crypto.com's digital token, continues to rise following the announcement of a partnership between Trump Media & Technology and Crypto.com. The two companies are collaborating to create a new entity to go public. A new Cronos accumulation company is coming Trump Media is joining forces with Crypto.com to launch a new venture through a merger with Yorkville Acquisition, a special purpose acquisition company (SPAC). The new company will trade under the ticker MCGA and will acquire Cronos as a treasury asset. The structure of...

- Solana is shining again today, a bright spot in an otherwise mostly sideways crypto market. Bitcoin and Ethereum, the leading crypto assets by market capitalization, have experienced marginal gains of roughly 2% each, helping to boost the overall market above $3.9 trillion once again. But Solana is leading the charge among crypto majors, up a sizable 8% in the last 24 hours, currently trading above $209. Can SOL sustain this momentum? The crypto market bounce comes as traditional markets find their footing, with the S&P 500 climbing 0.69% to 6,481 points and the tech-heavy Nasdaq advancing 0.4% to 21,544. Risk appetite among investors is increasing in almost every direction, with Brent crude oil edging up 0.94% to $67.85 per barrel...

- Mallers on Adding Bitcoin, Going Public, Storing Wealth Twenty One Capital CEO and Co-Founder Jack Mallers discusses adding bitcoin ahead of listing plans, going public in 3Q, and argues that Bitcoin is the best way to store wealth into the future. He speaks with Tim Stenovec on 'Bloomberg Crypto.' This article has been published in yahoo.com via Yahoo News. https://finance.yahoo.com/video/mallers-adding-bitcoin-going-public-191456923.html

- It's been nearly a fortnight since Bitcoin hit the all-time high (ATH) of $124,457.12 on Aug. 14. Most crypto experts believe that the cryptocurrency is yet to achieve its full potential and have offered extremely bullish price predictions so far. Whether it's the crypto index fund manager Bitwise’s CIO Matt Hougan or the Bitcoin mining firm Bitdeer's (Nasdaq: BTDR) Head of Capital Markets and Strategic Initiatives Jeff LaBerge, each expert thinks Bitcoin will hit $200,000 in 2025. It doesn't seem like a herculean task, given the fact that BTC has surged 80% within a year. However, not everyone seems to be in agreement. $200K target 'extremely difficult' It will be "extremely difficult" for Bitcoin to reach anything close to...

- CRCL vs. MSTR: Which Crypto-Exposure Stock Has an Edge Now? Circle Internet (CRCL) and Strategy (MSTR) are two well-known cryptocurrency-exposed stocks. While Strategy is the world’s largest bitcoin treasury company, holding 628,791 bitcoins as of July 29, 2025, Circle offers USDC stablecoin, which is redeemable on a one-for-one basis for U.S. dollars and is backed by reserves consisting of highly liquid, price-stable cash and cash equivalents. Bitcoin, the most popular cryptocurrency, has been soaring due to increasing acceptance as a non-sovereign asset, as well as higher institutional and corporate adoption. The liberal policies of U.S. President Donald Trump have been a key catalyst in driving the adoption of bitcoin...

- Ethereum Rally Continues as Recent Crypto Softness Puts Bitcoin Price at 'Inflection Point' Cryptocurrencies were rallying on Wednesday, with ethereum (ETH-USD) leading the charge, rising more than 2.5% among major cryptocurrencies, while bitcoin (BTC-USD) and Ripple's XRP (XRP-USD) also rose. Ether, the native token of the Ethereum blockchain, has staged a stunning comeback this year, surging more than 200% from April lows compared to a 45% rise in bitcoin during the same period. Ether briefly hit a new all-time high Sunday, topping $4,900. This was influenced by a dovish speech from Fed Chair Jerome Powell late last week, which lifted broader markets, with crypto continuing this rally into the weekend. Bitcoin, meanwhile, is...

- 'Know Your Issuer': This Tech Combats Counterfeit Coins, Starting With USDC and PYUSD Bluprynt recently completed a pilot project aimed at stifling counterfeit cryptocurrencies, integrating a “Know Your Issuer” framework into stablecoins from Circle and PayPal, the provider of crypto-focused compliance solutions told Decrypt on Wednesday. The company, led by Georgetown Law Professor Chris Brummer, estimates that phony tokens are causing crypto users at least $1.6 billion in losses each year. The company’s solution aims to reduce that sum by linking issuers’ credentials to assets on-chain. “The question of counterfeit tokens is more than just a retail investor issue, although it's an obvious one,” he said. “If you create a token...

- American Express Company AXP, also known as AmEx and well-known for its premium cards and loyalty programs, is making a significant move to connect with the next generation of consumers by diving into the world of crypto. In the market where younger users prioritize innovation over legacy prestige, the company is on the lookout for fresh ways to remain relevant. Through its partnership with Coinbase, AXP plans to launch Coinbase’s first credit card, the Coinbase One Card, soon, exclusively for Coinbase One members in the United States. With this, cardholders can earn rewards linked to cryptocurrency, along with exclusive benefits, offers, experiences, and protections through the American Express Network. The card will be issued by...

- What Happened? Shares of technology real estate company Offerpad (NYSE: OPAD) fell 5% in the morning session after the recent rally linked to a "meme" stock frenzy appeared to lose steam. The decline extends a recent pullback after shares surged over 310% in the past two months. This rally was largely fueled by retail investor excitement surrounding its competitor, Opendoor Technologies, leading many observers to label it a "meme" stock resurgence. However, as the speculative hype fades, investor focus may be shifting back to the company's fundamentals. What Is The Market Telling Us Offerpad’s shares are extremely volatile and have had 89 moves greater than 5% over the last year. In that context, today’s move indicates the market...

- Google Reveals Layer-1 'Universal Ledger' Plans as Circle, Stripe Prep Rival Chains Over five months after Google Cloud announced a partnership with CME Group, Rich Widmann, the tech giant’s head of Web3 strategy, confirmed Tuesday that the company's Universal Ledger is indeed a layer-1 blockchain. "All this talk of layer-1 blockchains has brought Google's own layer-1 into focus," Widmann wrote on LinkedIn. "If you're building a layer-1, it has to be differentiated." Widmann's statement follows CME Group's March 25 announcement that it has completed the first phase of integration and testing for the project. At the time, details were sparse on whether it was public or private, as well as if it was a layer-1 chain. A layer-1 or L1...

- Top Investment Analyst Predicts 30% Surge in 'Trailblazing' Crypto Stock Strategy (Nasdaq: MSTR), formerly MicroStrategy, continued Bitcoin shopping and reported holding 632,457 BTC earlier this week. Though the largest public Bitcoin treasury firm, its stock is down 13% over the last month. But there is an analyst who is very bullish on the stock. Joe Vafi, analyst at the investment banking and wealth management giant Canaccord Genuity, reiterated a "Buy" rating on MSTR with a price target of $464. The stock, which closed at $351.36 on Aug. 26, needs to surge 32% to reach Vafi's target. MicroStrategy's Preferred Stock Offerings The Canaccord Genuity analyst cited MicroStrategy's launch of four preferred stock offerings this...

- AI Influence on Leveraged ETFs AI hype that has helped push U.S. stocks to fresh records this year has driven an explosion in leveraged single stock exchange-traded funds, a universe of speculative products that is likely to be tested by Nvidia's Wednesday earnings. Companies that investors expect to benefit either directly or indirectly from the AI revolution now dominate U.S. single stock leveraged and inverse ETFs, underscoring investor demand for products that magnify their AI-themed bets, according to a Reuters analysis of industry data from issuers, Morningstar and CFRA Research. So far in 2025, asset managers have launched 112 U.S.-listed leveraged and inverse ETFs tied to a single stock, compared with 38 in all of 2024...