Crypto News

- Canary Files for 'American-Made' Crypto ETF—Will XRP, Solana and Cardano Make the Cut? Crypto fund manager Canary Capital has applied for a new ETF that would give investors exposure to digital coins and tokens minted on U.S. soil. The Canary American-Made Crypto ETF, if approved by the SEC, would track the Made-in-America Blockchain Index, a list of American-made cryptocurrencies or crypto projects that have mining or staking operations mostly based in the States, a Monday S-1 registration filing shows. Nashville, Tennessee-based Canary Capital has already filed applications with the U.S. Securities and Exchange Commission for a number of other crypto ETFs, including Litecoin, Sei, and Tron investment vehicles. If approved, the...

- Why Dogecoin (DOGE) Sank Today Key Points Dogecoin (CRYPTO: DOGE) is falling on Monday, down 10.6% in the last 24 hours as of 5:47 p.m. ET. The drop comes as the S&P 500 lost 0.5%, and the Nasdaq Composite lost 0.3% today. Dogecoin and the rest of the crypto market are down after last Friday's huge spike following Fed Chair Jerome Powell's address to the nation. Rate cuts could be coming Federal Reserve Chairman Jerome Powell spoke from the Fed's annual Jackson Hole summit on Friday, shedding light on its plans for rate cuts in the near future. Powell painted a complicated picture of the current economy with signs of a slowdown in hiring happening even as other signs point to the possibility that inflation is heating up...

- Making America the "Crypto Capital of the World" with Tether's Bo Hines and Paolo Ardoino Former White House crypto director Bo Hines, instrumental for his work on the GENIUS Act, has joined the private sector as Strategy Advisor for Digital Assets and U.S. Expansion at Tether. In an exclusive interview, he joins Tether CEO Paolo Ardoino to discuss his new role, the future of stablecoins, and why Tether is the most "uniquely positioned" company to build the future of finance. This article has been published in CoinDesk via Yahoo News. https://finance.yahoo.com/video/making-america-crypto-capital-world-214017721.html

- We’ve all had that “what if” moment about bitcoin. What if you’d bought some back when everyone thought it was just internet funny money? We asked ChatGPT to crunch the numbers on a specific scenario: investing $10,000 in Bitcoin in 2015 with the goal of reaching $2 million for retirement. The artificial intelligence’s response might make you want to invent a time machine. The Setup: $10,000 and a Dream Let’s say you had $10,000 burning a hole in your pocket in January 2015. Maybe it was a bonus, an inheritance or just money you’d been saving up. Instead of putting it in a traditional investment, you decided to take a flyer on this weird digital currency thing everyone was talking about. “Bitcoin price in January 2015: ~$250 per...

- Nano Labs Ltd (NASDAQ: NA), a relatively lesser-known Chinese-based Web3 infrastructure company, surged nearly 20% on Monday with shares trading around $6 after opening at $5.22. The surge comes on the back of a renewed bullish tone around digital assets, especially Binance Coin (BNB), which recently recorded an all-time high of $899.70 on August 23 before consolidating well off the spread further back around $868, as of writing. Just last week, BNB with $120 billion, surpassed Rolls-Royce in market cap ($118 billion). The stock started the trading session at $5.22 and gained ground quickly. The stock achieved an intraday high of $6.18. It has been positive for the majority of the session and is likely to be one of the biggest...

- According to real estate mogul and money expert Preston Seo, there are three numbers all individuals must track if they want to build wealth and become millionaires. Net Worth Seo stated net worth is akin to one’s financial scorecard, and it can be easily tabulated by subtracting one’s liabilities from their assets. While it sounds simple, most people don’t track their net worth consistently, which, according to Seo, should be once every month. They, therefore, have no idea whether they’re actually moving forward or backward. After all, high income does not necessarily equal high net worth. Individuals should track this number consistently to ensure it’s going up. Savings Rate Next, Seo highlighted savings rate with the...

- More Pain Ahead? Bitcoin and Ethereum Charts Show Mixed Signals: Analysis The crypto market has started the week off in a sea of red after a massive Bitcoin sell-off from a single whale triggered cascading liquidations across the board. It’s a reminder that studying trends and cautiously reviewing charts can only take you so far in the volatile world of crypto assets. Every now and then, unforeseen events—a black swan, or a big red whale—can flip the script in an instant. It was just three days ago, on Friday, that Federal Reserve Chair Jerome Powell sent risk assets soaring after he opened the door to rate cuts during a speech at Jackson Hole. Since then, total market capitalization in crypto has plummeted to $3.83 trillion, down...

- Grayscale Files to Convert Avalanche Trust to ETF Crypto asset manager Grayscale submitted a registration statement for its Avalanche Trust to the U.S. Securities and Exchange Commission on Friday, seeking approval to convert it into a full-fledged exchange-traded fund. The product, which Grayscale introduced last year as a private placement for accredited investors, would offer exposure to Avalanche’s spot price on the Nasdaq, while the fund’s coins are safeguarded by crypto exchange Coinbase, according to an SEC filing. Friday’s filing represented another step in the approval process for Avalanche-focused funds, as asset managers race to establish similar products for other altcoins like Solana and XRP. In March, the Nasdaq...

- Sharps Technology, a Nasdaq-listed medical device company, saw its stock soar on Monday following an announcement that the company would pivot to a crypto treasury strategy and raise $400 million to invest in Solana. Sharps Technology's stock (STSS) increased by over 40% on Monday, closing at $10.35 per share after reaching a high of $13.28 earlier in the day. The firm shared on Monday that it was raising $400 million via a private placement offering to purchase SOL, Solana's native cryptocurrency, which ranks as the sixth-largest digital asset by market cap. Sharps Technology declined to provide additional comments to Decrypt. Strategy and Institutional Support Alice Zhang, Sharps Technology's newly appointed chief investment...

- Coinbase CEO Faces Backlash Over 'Shi**er' BALAJIS Token Coinbase (Nasdaq: COIN) co-founder and CEO Brian Armstrong isn't one who shies away from voicing his opinion. Recently, he hailed the crypto exchange's former CTO Balaji Srinivasan for making an enormous contribution during his stint. In a recent conversation with Stripe co-founder John Collison, Armstrong called Balaji "probably one of the top couple smartest people" he had ever met in his life, who helped him become "a better CEO." On Aug. 23, Armstrong shared a screenshot on X that showed his purchase of around 5 million BALAJIS crypto tokens. BALAJIS is a creator coin tied to Balaji Srinivasan's personal brand, created on Zora, a protocol that allows minting of...

- Bounce launches a service for moving accounts between Bluesky and Mastodon Bounce, a new technology that adds a critical component to the open social web, launches to the public on Monday. The cross-protocol migration tool offers a service that allows users of open social networks like Bluesky and Mastodon to move their follow graphs between their accounts, even though the networks rely on different underlying protocols. Today, Mastodon users unhappy with the service can opt to move their account to a different Mastodon server, while Bluesky is developing technology that allows users to migrate their account to a new PDS (Bluesky’s term for “personal data server”) on its network. However, Mastodon runs on the ActivityPub Protocol...

- How college students can use credit cards responsibly As a college student, you have an excellent opportunity to start learning about credit and credit cards. By establishing a good credit score now, you’ll have a better chance of qualifying for valuable rewards credit cards and getting better loan interest rates when you graduate. Here’s how you can start building credit with a secured or student credit card today. Learn how credit and credit cards work The concept of credit is simple: You borrow money, and it’s your financial responsibility to pay it back. If you don’t pay it back, you typically have to pay interest and/or late fees. If you only make a minimum payment, you must pay interest according to the annual percentage...

- King on Staking ETFs, Solana, Rapid Growth of Crypto ETF Assets REX Financial CEO Greg King discusses Staking ETFs, highlighting how Solana represents the future of stablecoins and the rapid growth of crypto ETF assets. He elaborates on the dynamics of the cryptocurrency sector, emphasizing how various factors contribute to the evolving landscape of investment options, including the rise of Solana and the impact of innovative financial products like Staking ETFs. This article has been published in finance.yahoo.com via Yahoo News. https://finance.yahoo.com/video/king-staking-etfs-solana-rapid-190056877.html

- Why you might one day use stablecoins in place of credit cards or bank accounts If you’re buying a new laptop or pair of shoes today, you may encounter a host of payment options: a credit or debit card, PayPal, Apple Pay, or buy now, pay later plans. Soon, you could see another option at checkout: stablecoins. President Trump recently signed the Guiding and Establishing National Innovation for US Stablecoins Act, or GENIUS Act, establishing federal regulations for stablecoins. Many observers believe that by establishing clear rules, lawmakers have paved the way for cryptocurrency to go mainstream as a means of payment. Even if you’ve never dabbled in crypto, the new law could change the way you shop, send money, get paid, and...

- American-Made Crypto ETF Knocks on the SEC’s Door While the world of cryptocurrencies and blockchain is rather global, President Donald Trump's "America First" agenda seems to have struck a chord with many in the industry. Trump has vowed to turn the U.S. into the "Bitcoin superpower" and "the crypto capital of the world," and a lot of firms are taking the cue. Prominent asset manager Canary Capital filed an S-1 form with the Securities and Exchange Commission (SEC) on Aug. 25, requesting to launch a new crypto exchange-traded fund (ETF) called the "Canary American-Made Crypto ETF." A crypto ETF is a financial product that is traded on traditional stock exchanges and gives investors exposure to crypto assets without the need for...

- SignalPlus and Deribit Summer Trading Competition Breaks Records with $10 Billion Volume Crypto trading software provider SignalPlus and leading options exchange Deribit have wrapped up their Summer 2025 Trading Competition, drawing unprecedented global participation and generating more than $10 billion in trading volume. The competition, first launched in November 2023 with just over $1 billion in activity, has grown tenfold, underscoring rising interest in crypto derivatives. This year’s month-long event attracted more than 1,000 participants and offered a prize pool worth $300,000, including cash, a Tesla, and other rewards. Building Skills Alongside Competition Organizers emphasized that beyond prizes, the event doubled as...

- Ethereum investors flash profit-taking and volatility surge after new price record Ethereum investors are booking profits after the cryptocurrency almost doubled in price in the last 60 days and reached a new all-time high of $4,946. Onchain data from Glassnode shows that Ethereum investors, on average, have secured more than 100% in paper gains, even after Monday’s 6% price slump. Historically, that’s when sellers offload Ethereum, as was the case in March 2024 and December 2020. The selloff is already happening. Ethereum’s net taker volume, a metric indicating whether aggressive buying or selling is the dominant force on crypto exchanges, has turned negative, according to CryptoQuant data. Meanwhile, short sellers are piling...

- Strategy Adds $357 Million in Bitcoin After Resuming Common Stock Offerings to Fund BTC Buys Strategy, formerly MicroStrategy, purchased $357 million in Bitcoin last week, selling common stock to fund acquisitions for the first time in nearly a month, the company said in a press release. The Tysons Corner, Virginia-based firm issued $310 million worth of Strategy shares to fund its latest purchase. The move represented a return to normal after the Bitcoin-buying firm made a series of adjustments to its corporate playbook. Strategy signaled a week ago that it was modifying a newly adopted equity issuance policy, which restricted its ability to issue common shares when its stock traded at a certain valuation. Although the framework...

- Decentralized Science Project Aubrai Launches on Base to Tackle Science Funding's ‘Valley of Death’ Longevity research is intersecting with crypto through Aubrai, a decentralized science (DeSci) and AI agent launched this week on Base as part of the Bio Protocol. Decentralized science, or DeSci, uses blockchain and DAOs to fund experiments directly, attribute credit transparently, and turn research outputs into tokenized assets that let labs sustain themselves beyond philanthropy and traditional capital markets. The AUBRAI token, launching on Bio Protocol’s Launchpad, makes holders permanent stakeholders in the agent’s research outputs, with governance rights over funding decisions and a share in revenues from commercialized...

- A billionaire heiress from the family behind Thomson Reuters has reportedly lost over $80 million in crypto after relying on investment advice from a psychic. Taylor Thomson, who has a net worth of over $10 billion, started investing and trading aggressively in cryptocurrencies during the 2021 bull market. Thomson's former best friend, Ashley Richardson, managed over $140 million of Thomson's crypto portfolio through multiple wallets after they sought advice from a celebrity psychic and other spiritual advisers. The mid-2022 decline in crypto markets was severe enough to significantly reduce the value of the portfolio, with consulting firm Guidepost Solutions estimating Thomson's losses now stand over $80 million. The firm also...