Crypto News

- Market Indexes Creep into the Green, Strong Q2 Earnings After the Close Tuesday, August 26, 2025 Market indexes shook off a pre-market trading session in negative territory to close the day moderately up for the day. All major indexes are still down a bit from Friday’s all-time highs, but in-range to take them out this week. The Dow grew +135 points, the S&P 500 +26, the Nasdaq +94, and the small-cap Russell 2000 +16. Bond yields went in slightly opposite directions today: the 10-year T-bill slipped to 4.265% while the 2-year ticked up a tad to 3.73% from this morning. The 30-year becomes relevant once again as it points toward 5.00%, although at 4.91% this afternoon, it’s still got a ways to get there. August Consumer Confidence...

- The recent crypto market dip isn’t deterring Ethereum bulls: They’re still betting ETH goes higher. Prediction market traders remain convinced that Ethereum hits the $5,000 price mark sooner rather than later, notching a new all-time high in the process. While Ethereum currently hovers near $4,500 after a wild up-and-down weekend, traders place the odds of ETH hitting $5K in the next four months at around 80% on one market, and nearly 73% odds on a separate market. Sure, those odds are down a bit in the last few days, peaking at around 90% to 95% when Ethereum mooned to just a hair shy of $4,950 and $5K looked like a lock. But the fact that they didn't drop any lower than 70% even as ETH began heading in the other direction speaks...

- Tyler Winklevoss boasts Gemini victory but has another app installed The Gemini crypto exchange, in collaboration with the crypto firm Ripple Labs and the payments technology firm Mastercard, launched a credit card offering XRP rewards on Aug. 25. The excitement around the much-awaited credit card within the crypto community is such that Gemini flipped its rival Coinbase on the U.S. Apple App Store. Well, it is no small feat, given the fact that Coinbase is the largest crypto exchange in the U.S., and Gemini's billionaire co-founder Tyler Winklevoss cannot stop boasting of the latest achievement on X. However, there is a catch. Tyler Winklevoss' device didn't have the Gemini app The Gemini boss had the Coinbase app installed on...

- Bitcoin vs Gold: Why Choose? Gold Bars Are Now Tokenized on BTC Blockchain Gold bars have landed on Bitcoin. A new token project is inscribing the serial numbers of physical bullion stored in a secured vault directly onto the Bitcoin blockchain, letting people purchase and trade the rights to real gold. TRIO, a Bitcoin-native marketplace created by OrdinalsBot, is behind the tokenized gold offering. The company announced Monday it has teamed with Swarm Markets to launch the Gold on Bitcoin collection using the NFT-like Ordinals protocol to attach metadata from gold bars stored in a Brinks vault in London. “Every gold bar in Brinks has a serial number,” OrdinalsBot co-founder Brian Laughlan told Decrypt. “All you really need to do...

- Red Light Holland Corp. (CSE: TRIP), an Ontario-based psychedelics company that has adopted a Bitcoin treasury strategy, announced a key update on Aug. 26. The firm said it has purchased 10,600 shares of BlackRock's (NYSE: BLK) iShares Bitcoin ETF (IBIT) at an average cost of approximately $32 per share. It is also working with a leading exchange to establish a corporate account that will allow it to fully utilize Arch Public Inc.'s algorithmic trading strategies. As reported earlier, Red Light Holland entered into a partnership with Arch Public Inc. on July 25 to assist in managing its Bitcoin strategy. More on crypto: Red Light Holland to leverage Arch Public's strategies Todd Shapiro, CEO and Director of Red Light Holland...

- Crypto analysts are seeing signs of strength in XRP, despite a substantial drop in Bitcoin (BTC) over the weekend. On X, veteran trader Davinci Jeremie, who is known for urging people to buy Bitcoin in 2011 when it was $1, says XRP can go higher and has a possible target of hitting $5. Jérémie pointed out a strong pump that produced a "W" market structure and a new local high, which he claimed was a legitimate movement rather than manipulation. XRP analysts predict a rally Trader CasiTrades noted BTC went as low as $110,500, marking a new local low, before it bounced back above $112,700. However, XRP has stayed strong in its consolidation range, and analysts believe that it's a positive divergence that could mean XRP is setting up...

- Commerce Secretary has a massive update for 'Crypto President' Howard Lutnick, who used to be the CEO of Cantor Fitzgerald and is now the US Secretary of Commerce, has announced that he wants to put GDP on the blockchain. Speaking at a cabinet meeting to President Donald Trump on August 26, Lutnick said: "We're just ironing out all the details so we can do it," he said, adding that the data would be shared among all government departments. The project is still being worked on, but it is being marketed as a ground-breaking way to update economic reports and make global markets more open. More policy news: Lutnick has taken numerous stances in favor of cryptocurrencies over the years – he has compared Bitcoin to gold, defended...

- Trump-Backed World Liberty Token Could Decimate Retail Investors, Compass Point Warns Analysts at investment bank Compass Point expect potential pitfalls for investors in the World Liberty Financial token when it hits the market in a few days. WLFI will become tradable on Memorial Day, setting the Ethereum-based token up for a series of exchange listings at a high valuation, following its debut as a non-transferable governance token roughly a year ago, Compass analysts wrote in a Tuesday note. Only a portion of WLFI's total supply will become tradable on Memorial Day, while other tokens remain locked. That could make the token's value look humungous on paper because over 20% of its supply is held by U.S. President Donald Trump’s...

- Commerce Department Will Put Economic Data 'on the Blockchain': Howard Lutnick U.S. Commerce Secretary Howard Lutnick announced Tuesday that his department will begin issuing economic data “on the blockchain” in the Trump administration’s latest overture to the crypto industry. “The Department of Commerce is going to start issuing its statistics on the blockchain, because you are the crypto president,” Lutnick told a nodding President Donald Trump during a cabinet meeting Tuesday afternoon. Lutnick elaborated that his department plans to issue GDP data “on the blockchain so people can use the blockchain for data distribution.” He said the initiative will soon be made available to “the entire government.” What does that mean...

- Why Is The Real Brokerage (REAX) Stock Soaring Today? Shares of real estate technology company The Real Brokerage (NASDAQ:REAX) jumped 5.3% in the morning session after a bullish consensus from Wall Street analysts. The company holds a consensus 'Buy' rating based on the opinions of three analysts covering the stock over the past twelve months. Among them, two have issued a 'buy' rating and one a 'strong buy.' The average twelve-month price target for the company stands at $6.33, which represents a potential upside of over 26% from its recent trading price of around $5.01. This optimistic outlook from financial analysts appears to be bolstering investor confidence in the company's future performance. What Is The Market Telling Us...

- Fed's rate cuts might cause a crypto market crash Though the Federal Reserve Chair Jerome Powell didn't make any commitment, he hinted at a possible cut in interest rates in September during his Jackson Hole address on Aug. 22. Crypto traders on Polymarket, the crypto-based prediction market, think there is an 81% chance of the Fed cutting rates by 25 basis points. In fact, the popular crypto analyst Quinten Francois predicted that the September rate cut will spark the "biggest bull run and altseason" in history. 'Caution is warranted' The crypto intelligence platform Santiment published a report on Aug. 24, which shed light on some revealing factors underlying the market sentiment. As per Santiment, mentions of certain...

- Trump Media and Crypto.com launch $6bn CRO token treasury vehicle Trump Media & Technology Group’s stock price rose 5% on Tuesday, as US President Donald Trump’s media company finalized a $6.42 billion deal to create a digital asset treasury company in partnership with crypto exchange Crypto.com. The digital asset company called Trump Media Group CRO Strategy will be initially seeded with $1 billion worth of CRO, the native token of Cronos, a Crypto.com blockchain subsidiary. The remainder will mostly be held as an equity line of credit for additional CRO purchases. The CRO treasury company plans to run a validator node on the Cronos blockchain, according to the terms of the deal. Validators are participants on blockchains like...

- Canary Files for First Trump Meme Coin Spot ETF Crypto fund manager Canary Capital filed Tuesday to list a spot ETF focused entirely on and exposed directly to President Donald Trump’s meme coin, which trades as TRUMP, in a first for Wall Street. While two other ETF providers applied to list TRUMP exchange-traded funds earlier this year, those applications were filed with the SEC under the Investment Company Act of 1940—meaning they would not be directly exposed to the meme coin itself, but instead invest in a Cayman Islands subsidiary holding TRUMP, plus more stable cash equivalents like U.S. Treasuries. Today, in contrast, Canary filed its TRUMP ETF application under the Securities Act of 1933. That means the Canary TRUMP Coin...

- How brands have shifted digital spend in 2025 Midway through 2025, it’s clear that brands are redirecting their advertising budgets at an unprecedented pace. The move toward digital isn’t new, but this year’s strategies highlight a deeper recalibration — one defined by AI adoption, measurement precision, and the diminishing relevance of traditional media. These shifts are not just reshaping the marketing world; they’re quietly altering how consumers discover, evaluate, and buy products every day. Key Takeaways: Digital Spend Dominates the Advertising Landscape Global ad revenue is poised to surpass $1 trillion this year, with pure-play digital commanding roughly 73% of the total. Traditional media (print, radio, and national TV)...

- Kanye West Meme Coin Down 81% From Peak as Rapper Says Instagram Hacked for Scam Kanye West’s official Solana meme coin, YZY, is down nearly 81% from its peak only a week after launch as the rapper contends with what he said is an Instagram hack that promoted a fake token of the same name. The real YZY token on Solana has risen nearly 1% today, while the impostor version sits 96% off its all-time high price, now trading just above a $160,000 market cap. “My Instagram has been hacked and it’s following a fake coin,” Kanye posted to X, adding the official token’s X account and Solana contract address which ends in “YEEZY.” The pop culture icon’s Instagram account, which boasts nearly 20 million followers, followed only two accounts...

- Fundstrat's Lee Predicts Ethereum Bottom and Rally Above $5,000 Fundstrat Head of Research Tom Lee projected that Ethereum would reach a temporary bottom before embarking on a rise above $5,000, shortly before the token began to increase. According to a message from Fundstrat Global Head of Technical Strategy Mark Newton, Lee, who also acts as chair of ETH treasury BitMine Immersion, supported the notion that Ethereum will not dip below $4,000 in the near term. Newton suggested in his message that the altcoin will “bottom out sometime in the next 12 hours near $4,300,” although the timing of the message to Lee was not specified. Ethereum dipped to $4,341 early Monday before climbing to its current level above $4,550. It is down...

- Trump Media Joins $6.4 Billion Deal in Latest Crypto Move Trump Media is launching a digital asset treasury company to acquire the cryptocurrency token CRO in a new partnership with Yorkville Acquisition Corp. and Crypto.com. President Donald Trump is the majority owner of Trump Media, which owns and operates the social media platform Truth Social. The partners are putting about $6.4 billion into the Trump Media Group CRO Strategy, Inc., its new crypto company “focused on acquisition of the native cryptocurrency token of the Cronos ecosystem,” according to a statement released Tuesday. Cronos launched a partnership with Crypto.com in February. This latest announcement of Trump Media’s crypto expansion isn't the president's first...

- Why Globalstar (GSAT) Stock Is Trading Up Today What Happened? Shares of satellite communications provider Globalstar (NASDAQ:GSAT) jumped 4.8% in the afternoon session after a major deal was announced by a peer company. DISH TV operator EchoStar announced it was selling low- and mid-band spectrum allocations to AT&T for a substantial $23 billion. While the news does not directly involve Globalstar, such a large transaction for spectrum assets often generates positive momentum for other companies in the industry that hold similar assets. Investors may be speculating that the high valuation placed on EchoStar's spectrum highlights the potential unrealized value of Globalstar's own spectrum portfolio, leading to increased buying...

- Crypto.com's Native Token Rallies 25% After New Merger Deal The native token of the Cronos blockchain, CRO, is up nearly 25% on Aug. 26 after Trump Media & Technology Group (DJT), Yorkville Acquisition Corp. (YORK), and Crypto.com unveiled the plan to create a joint digital asset treasury with $1 billion in CRO holdings. Cronos, powered by the CRO token, is evolving into a low-cost, interoperable blockchain driving payments, tokenization, and smart contracts. Cronos (CRO) rose to $0.1945, its highest level in months. Daily trading volumes rose more than 940% to $467.29 million. Trump Media (DJT) also went up, increasing 4.1% to $17.93 by mid-morning on hopes that it would expand into crypto finance. However, the stock is still...

- Why Cronos Is Skyrocketing Today Key Points Cronos (CRYPTO: CRO) is flying higher on Tuesday, up 24.9% in the last 24 hours as of 1:38 p.m. ET today. The spike comes as the S&P 500 and the Nasdaq Composite are little changed. Cronos, the token of the major exchange Crypto.com, is jumping after news broke that Crypto.com and Trump Media & Technology are teaming up to create a new company that will acquire Cronos. Trump Media will add Cronos The parent company of Truth Social, Trump Media, will partner with Crypto.com to create a new entity that will be taken public via a SPAC deal. The entity will merge with Yorkville Acquisition and be listed under the ticker MCGA. The deal is funded with $1 billion in CRO tokens, $200 million...