Crypto News

- IPO Edge’s Jannarone: Crypto, AI & Big Players to Come for Future IPOs – Schwab TV IPO Edge Editor-in-Chief John Jannarone joined Schwab Network’s Nicole Petallides to discuss Bullish (NYSE: BLSH), Figma, Inc. (NYSE: FIG), Circle Internet Group (NYSE: CRCL), and others as the biggest names that went public in 2025. Jannarone mentioned that this year’s busy summer has seen crypto IPOs surging as federal regulation favors the industry and investors expect one to two interest rate cuts. He also said the market is looking forward to the future IPO of Gemini, who filed recently, as well as Klarna and Stripe. With the demand for the use of a stable coin for transactions, Jannarone explained why more institutional investors are becoming...

- Trump Media, Crypto.com Spin Out Exchange Token SPAC The president’s namesake media company, Trump Media and Technology Group (DJT), has agreed to a deal with Yorkville Acquisition Corp. The Cayman Islands-incorporated "blank-check company" and DJT will launch a crypto treasury firm geared toward stockpiling Crypto.com’s native token, CROS (CRO), the partnering companies disclosed in a Tuesday filing. The new firm will be called Trump Media Group CRO Strategy and is expected to trade under the ticker symbol MCGA. It will be majority owned by the president’s media company, along with Crypto.com and advisor Yorkville. Also known as a special purpose acquisition company (SPAC), a blank-check company is a shell corporation that...

- Two brothers are charged with stealing $25 million in cryptocurrency via a blockchain exploit that allegedly lasted less than thirteen seconds. Anton and James Peraire-Bueno, both graduates of MIT, filed a motion last Friday in Manhattan federal court to exclude Google searches, including "top crypto lawyers" and "wire fraud statute of limitations." They made these searches after an alleged fraud in April 2023. Prosecutors characterized this case to be the first known manipulation of Ethereum's MEV-boost system. Ethereum's MEV-boost system lets external builders recommend transaction bundles so that validators can receive extra rewards. But if someone finds a means to unfairly intercept or reorder those transactions for profit...

- Indian billionaire Kamath has surprising response to surge in crypto options Indian billionaire Nithin Kamath has expressed his surprise at the rising popularity of crypto futures and options in the country. He said, Kamath and his brother Nikhil are the co-founders of the popular India-based brokerage platform Zerodha. Though Zerodha offers stocks, derivatives, mutual funds, etc. to trade, it doesn't yet offer cryptocurrencies. The billionaire was responding to a recent news report published by The Economic Times that highlighted crypto futures trading surpassing spot trading in India. Futures are leveraged trades where a trader can gain exposure of as high as 10 times the margin. It means that a price rise of $100 gives the...

- Ethereum Treasury SharpLink Adds $252 Million in ETH to Holdings Gambling marketer turned Ethereum treasury company SharpLink Gaming boosted its ETH holdings last week, adding around $252 million in Ethereum to its stash, the firm announced Tuesday. SharpLink added 55,463 ETH at an average price of $4,462, the firm said. The additions bring its total haul to 797,704 ETH valued at $3.6 billion based on the current price of Ethereum. “Our regimented execution of SharpLink’s ETH treasury strategy continues to demonstrate the strength of our vision and the commitment of our team,” said SharpLink co-CEO Joseph Shalom in a statement. “With nearly 800,000 ETH now in reserve and strong liquidity available for further ETH acquisitions,"...

- Flow Blockchain Hits Record-Breaking Total Value Locked A new report from Messari reveals Flow's total value locked (TVL) hit a record high of $68 million. The report highlights key takeaways from the Q2 analysis, including why PayPal's stablecoin is a game-changer for the network and how partnerships with Disney and others are setting a new standard for mainstream adoption. This article has been published in coindesk.com via Yahoo News. https://finance.yahoo.com/video/flow-blockchain-hits-record-breaking-153804058.html

- Trump family crypto empire expands with Crypto.com partnership President Donald Trump’s personal crypto ventures are expanding again, this time with plans for a digital asset treasury company that holds an alternative cryptocurrency. Trump Media and Technology Group, which operates the Truth Social media platform, announced that it was partnering with the cryptocurrency exchange Crypto.com to form a company that holds CRO, a token created by Crypto.com. A blank check company tied to Yorkville Advisors is another co-founder of the new firm, called Trump Media CRO Strategy. Trump Media said it plans to purchase $105 million worth of CRO. Yorkville said the total expected funding for the company's treasury will be $1 billion worth of...

- ASML Sees 30% EUV Growth in 2025: Is Demand Sustainable Through 2026? ASML Holding N.V. (ASML) is poised for another year of growth, with Extreme Ultraviolet (EUV) sales expected to increase by about 30% in 2025. This is largely due to chipmakers expanding production for advanced logic and memory chips used in artificial intelligence and high-performance computing. ASML's latest EUV tools, such as the NXE:3800E, are boosting efficiency by replacing complex multi-patterning steps with simpler EUV exposures, enhancing productivity and supporting margin expansion for chipmakers. This demand for ASML's advanced lithography equipment is driving high revenue growth expectations for 2025. However, the outlook for 2026 remains uncertain...

- The Fallout from Visa's U.S. Open Banking Retreat Visa is reportedly pausing its open banking product in the U.S., highlighting new regulatory and financial complications surrounding data sharing. "This highlights just how unsettled the space still is. Regulatory uncertainty and the possibility of higher fees could definitely slow adoption, especially for smaller players that can't afford compliance missteps," Chris Miller, senior director at Cornerstone Advisors, said. "That said, the underlying demand for open banking and embedded payments isn't going away; consumers and businesses both expect smoother, more integrated financial experiences." Open banking enables third parties to access banking data, payments data, and other...

- Ethereum is riding high. Not only did it notch a new all-time high of $4,946 on Sunday, but Wall Street’s growing embrace of digital assets such as stablecoins is expected to drive the price to new heights. Ethereum last reached a record high in November 2021. Since then, the amount of stablecoins on the blockchain has ballooned 74% to $143 billion, and real-world assets, tokenized versions of traditional financial assets like US Treasury bonds, have grown from practically nothing into a $7.6 billion market. It’s a sign Ethereum’s DeFi ecosystem is maturing, and investors are taking notice. “Stablecoins are the ‘ChatGPT’ of crypto,” Tom Lee, chair of Ethereum treasury firm BitMine, previously stated, emphasizing Ethereum's...

- Crypto markets took a sharp hit on Tuesday. According to analysts, the uncertainty surrounding these trade measures is starting to ripple through digital assets, shaking confidence in Bitcoin (BTC), Ethereum (ETH), XRP, and others. The damage was swift. Nearly $950 million in long crypto positions were liquidated in just 24 hours, per CoinGlass. Ethereum traders suffered the most, with over $320 million in forced sell-offs, followed by Bitcoin at $277 million. Altcoins like Solana (SOL), XRP, and Dogecoin (DOGE) saw $90 million in combined liquidations, per Coinglass data. ETH dropped from nearly $4,700 to around $4,400, while Bitcoin fell under $110,000. XRP dipped to $2.90. Panic selling sent trading volumes soaring, with...

- Skylight’s TikTok alternative adds community curators to the mix A startup called Skylight is taking a different approach to short-form video. Instead of restricting users to an algorithmic main feed, as is common on social apps, Skylight is building a community around human curators who post and repost videos to build out their own custom feeds others can subscribe to. The option, which launched on Monday in the version 2.0 release of the app, could appeal to users who feel a growing sense of unease about traditional social media platforms and their algorithmic manipulations, as well as those annoyed by the increase of low-quality AI-generated content that’s now filling those feeds. Built on Bluesky’s social network and its...

- Should Investors Be Worried About a Cryptocurrency Price Crash? Key Points Many of the market's top cryptocurrencies, including Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), set record highs over the past year. That bullish stampede was driven by the newly approved spot price ETFs for Bitcoin and Ethereum, which brought in more institutional and retail investors; lower interest rates, which generated tailwinds for speculative investments; and the Trump administration's more crypto-friendly policies. The devaluation of the U.S. dollar and other fiat currencies amplified those gains. But as the crypto market heats up again, should investors be bracing for another crypto winter? The crypto market has already crashed three times...

- Ethereum, ETH Treasuries at 'Good Entry Point' After Market Pullback: Standard Chartered Ethereum's pullback from all-time highs creates a "great entry point" for investors, according to Standard Chartered. The bank's head of digital assets, Geoffrey Kendrick, believes Ethereum will reach $7,500 by the end of 2025 as institutional interest grows. In a research note seen by Decrypt, he explained that Ethereum treasury companies and exchange-traded funds have purchased 4.9% of the ETH in circulation since June. Kendrick argues that this buying pressure has played an instrumental role in helping the world's second-largest cryptocurrency surge to $4,953 on Sunday—eclipsing the previous all-time high set in November 2021. "Although...

- Trump Media, Crypto.com Announce Deal to Form Crypto Treasury Firm Trump Media & Technology Group and Crypto.com have said they plan to launch a company that will implement a treasury-style strategy to accumulate Crypto.com's native token, cronos, deepening the U.S. president's ties to the crypto industry. The new company, Trump Media Group CRO Strategy, will go public via a merger with blank-check firm Yorkville Acquisition Corp. After the announcement on Tuesday, the crypto token shot up 22.6% to $0.19, and Trump Media's shares jumped 4.2% to $17.94, while Yorkville's shares fell 2.3%. Cronos was last valued at $6.8 billion, a fraction of the $3.88 trillion global crypto market cap. Funding for the strategy will consist of $1...

- Canary Capital files to list Trump meme coin ETF Digital asset manager Canary Capital on Tuesday filed to list an exchange-traded fund that will track the price of U.S. President Donald Trump's meme coin, called $TRUMP. The move could help the company cash in on a token that has surged in popularity, and monetize political hype through a regulated investment vehicle. Canary did not disclose the fees it expects to charge on the ETF, or the exchange on which it will be listed. This article has been published in Reuters via Yahoo News. https://finance.yahoo.com/news/canary-capital-files-list-trump-140514389.html

- LayerZero pips rivals to $110m Stargate acquisition as DAO ignores higher bid Stargate DAO is dead. The community behind the popular crypto bridge wasn’t killed by a market decline or a hack, but by its token holders. In a lopsided vote concluded on Monday, 95% of participants approved the LayerZero Foundation’s $110 million bid to acquire Stargate. The result officially dissolved Stargate DAO, but also swapped Stargate’s STG tokens into LayerZero’s ZRO native token and will funnel half of Stargate’s future revenue into its new owner’s token buyback machine. LayerZero CEO Bryan Pellegrino hailed the outcome on X, saying it was “the highest participation of any vote” in Stargate’s history. But the process was not without...

- Traders pour over $5bn into bearish Bitcoin bets as deadline called the ‘heaviest of 2025′ approaches Traders don’t like Bitcoin’s chances of reclaiming the all-time high price of $124,000 this week. That’s according to data from Deribit, an options-trading platform, where a big number of puts are in the $108,000 to $112,000 range. About 17% of puts worth nearly $1 billion are within this range. In total, traders have poured over $5 billion into puts for the August 29 expiry. Puts are bearish bets traders often use to hedge against a potential price slump. Buying a put at this range gives traders the option, but not the obligation, to sell the underlying asset at that price, even if the price drops lower. Deribit described the...

- Key Points Cryptocurrency prices have surged over the past year. The federal government has taken a softer approach toward regulation, and investors have become optimistic about investments. The price of Bitcoin has risen as well, skyrocketing 76% over the past year alone. There's a general sense of optimism among investors with both stocks and cryptocurrencies, but if tougher economic times are ahead, some of the large returns they've experienced could experience a reversal. Bitcoin has proved to be a resilient cryptocurrency in the past, bouncing back after significant pullbacks. Is it worth buying Bitcoin while it's still under $120,000? Here's what investors should know. Why Bitcoin's price continues to climb Bitcoin began...

- AI crypto projects raise $516m in 2025 as they set out to create ‘entirely new asset classes’ The fusion of artificial intelligence and crypto is attracting record capital. AI-focused crypto projects raised $516 million in the first eight months of the year, a 6% uptick from the total amount raised in 2024, according to DefiLlama data. It’s the highest amount raised in this market segment, according to the database. Major institutional investment firms including Bitwise, Pantera, Sequoia, and Binance Labs have poured money into AI crypto projects this year. Bitwise senior investment strategist Juan Leon predicted the “megatrend” could add $20 trillion to global GDP by 2030. Crypto giants like Coinbase — with its launch of its x402...