Crypto News

- Kanye West Launches Token on Solana in Frenzied Debut Hip-hop artist Kanye West has made his first direct move into crypto with YZY, a Solana-based token promoted late Wednesday night on his verified X account. “A new economy, built on chain,” West’s account posted on the social media platform. A video of West confirming “the official Yeezy token” drop was released an hour later. West has spoken about Bitcoin before and once sued to shut down the unauthorized “Coinye” token. YZY is the first coin he has formally launched under his own name and brand. Earlier in March, West pivoted to crypto and teased the possibility of dropping a meme coin. Volatility for Yeezus His announcement triggered a buying surge that quickly pushed the...

- DBS Launches Tokenized Structured Notes on Ethereum, Expanding Investor Access Singapore’s largest bank is extending its blockchain strategy by offering tokenized structured notes on the Ethereum public blockchain, in a move that broadens access to complex financial products once reserved for its private clients. DBS said in a press release that it will distribute the instruments through local Singapore exchanges ADDX, DigiFT and HydraX, marking its first time offering tokenized products to accredited and institutional investors outside its own client base. The debut product is a crypto-linked participation note that pays out in cash when digital asset prices rise, while limiting downside exposure. Structured notes traditionally...

- Bitcoin traders are entering a high-stakes standoff ahead of Federal Reserve Chair Jerome Powell's highly anticipated speech at the Jackson Hole symposium on Friday. With conflicting macroeconomic signals and mixed investor sentiment, the directional bias remains unclear for U.S. equities and crypto. The July CPI report, delivered earlier this month, provided a bullish signal with rate cut hopes, prompting a crypto market rally that pushed Bitcoin to an all-time high in the first two weeks of August. Subsequent PPI data release, however, has elevated inflation concerns, further aggravating ambiguity over whether the Fed intends to cut rates this year, including next month. Bitcoin has dropped from 8% from its August 14 all-time...

- Nasdaq Boots Windtree a Month After $700M BNB Treasury Pivot Fails to Lift Stock Windtree Therapeutics, a Pennsylvania-based drug developer, is being delisted from Nasdaq, just over a month after its $700 million pivot into a digital treasury firm focused on Binance's BNB token failed to boost its stock above the exchange's requirements. In an SEC filing published Tuesday, Windtree confirmed trading of its stock on Nasdaq would be suspended at the open on Thursday, August 21, for failing to maintain the $1-per-share minimum bid price. Windtree shares are down 77% on the day to just $0.11. Windtree listed its stock on Nasdaq in May 2020 but has repeatedly struggled to meet listing standards. The exchange moved to suspend...

- 1 Reason to Buy SHIB Key Points Even in the ever-speculative world of cryptocurrency, meme coins have a reputation for being unserious investments. But the playful nature of prominent meme coin Shiba Inu (CRYPTO: SHIB) belies a digital asset that is actually quite a bit more serious than its outwardly playful appearance, and ever-low price, would suggest. I would point to its Shibarium platform as a core reason to invest in this crypto. Shiba Inu is a layer-2 cryptocurrency, meaning that it's built atop an existing, active blockchain (Ethereum, in this case). The Shiba Inu token's float is massive, at over 589 trillion units, so its price is almost microscopic. The good thing about this is, it's easily affordable, and if the price...

- Coinbase CEO Brian Armstrong Predicts $1M Bitcoin by 2030 Brian Armstrong, co-founder and CEO of Coinbase, has made a bold prediction: Bitcoin will hit $1 million by 2030. Armstrong discussed this during a recent interview, citing regulatory progress, institutional demand, and diminishing structural risks as key factors. “The rough idea I have in my head is we'll see a million-dollar Bitcoin by 2030,” Armstrong said. “There’s high error bars around these things, but just to give you a couple of data points...” Who Is Brian Armstrong? Armstrong launched Coinbase in 2012 from a rented apartment after realizing how difficult it was to buy Bitcoin. At the time, crypto was still a niche hobby for technologists. Today, Coinbase is a...

Winklevoss Twins Donate $21 Million in Bitcoin to Pro-Trump, Anti-Democrat Crypto PAC Cameron and Tyler Winklevoss announced Wednesday that they have donated over $21 million worth of Bitcoin to a new pro-crypto PAC—one they proudly unveiled will be principally focused on defeating Democrats and supporting Republicans in the 2026 midterms. “We will identify and support champions of President Trump’s crypto agenda in primary races and the midterm elections,” Tyler Winklevoss said. “If the Republicans lose either the House or Senate in the midterms […] then Democrats will have power to slow down and interfere with President Trump’s agenda.” The PAC, dubbed the Digital Freedom Fund, will be focused first and foremost on supporting...

- BNB hits new all-time high — early $1,000 investment now worth $873,000 BNB, the native token of the decentralized BNB Chain, hit a fresh all-time high of $873.73 on August 20, 2025, according to CoinGecko data. The milestone cements BNB’s position as the fifth-largest cryptocurrency by market cap, valued at $121.7 billion. For early investors, the returns are staggering. Launched in 2017 at just $1 per token, BNB has soared more than 2.19 million percent in less than eight years. Put another way, a $1,000 investment in BNB during its ICO would now be worth $873,000. From exchange token to ecosystem giant BNB was originally created as a utility token for discounted trading fees on Binance. Over time, it expanded into powering...

- Bitcoin Miner Bitdeer Aims to Expand US Rig Manufacturing Amid Trump Tariff Headwinds Bitcoin mining has faced challenging times as costs rise, rewards fall, and the macroeconomic environment grows more uncertain, but Nasdaq-listed Bitdeer (BTDR) will focus on expansion in the months ahead. The firm plans to build rigs and invest in U.S. resources, even as its profits have slimmed. U.S. President Donald Trump's favorable cryptocurrency policies may help the firm even as his trade policies hurt its ability to acquire mining equipment. "It's created more things to think about," said Jeff LaBerge, Bitdeer CFA, regarding President Trump's approach, adding that "the policies have been supportive of crypto and energy" overall. "On the...

- Artificial intelligence is colliding with blockchain, but the approaches of Big Tech and Web3 could not be more different. Natalia Ameline, decentralization coordinator at Metis and advisor at LazAI, says large corporations like Google, Amazon, and Apple will only integrate blockchain into their AI services if it boosts revenues and share prices. “Large companies will do whatever is in their interest to gain more market share and make more money,” Ameline said. “They are all accountable to their shareholders. They need to drive their share prices, which means they need to grow their revenues, they need to grow their profits. So from my perspective, they will do whatever if there is an opportunity there.” A new model for AI in web3...

- Top Analyst Says Buy the Dip as XRP Slides As XRP's price continued to decline over the last seven days, popular crypto analyst Ali Martinez highlighted the "buy" signal. Martinez, known as @ali_charts on X, shared a price analysis chart for XRP on Aug. 20. The chart shows a TD Sequential indicator, which is used by traders to gauge potential trend exhaustion and price reversal. It shows the indicator flashing a "buy" signal as XRP's price hits $2.9042. After Bitcoin and Ethereum, XRP is the largest cryptocurrency, which has a market cap of more than $173 billion. Over the last seven days, it has declined more than 10%. Notably, Martinez nailed the XRP price prediction as the Ripple vs. Securities and Exchange Commission (SEC)...

- UK sanctions crypto exchange tied to Russian ruble stablecoin The UK sanctioned a Kyrgyzstan-based bank and crypto exchange on Wednesday, citing their support for A7A5, a stablecoin backed by the Russian ruble. A7A5 has been used to evade sanctions that the US and UK imposed on Russia after it invaded Ukraine in 2022, according to crypto forensics firms TRM Labs and Elliptic. “If the Kremlin thinks they can hide their desperate attempts to soften the blow of our sanctions by laundering transactions through dodgy crypto networks — they are sorely mistaken,” UK Sanctions Minister Stephen Doughty said in a statement. “These sanctions keep up the pressure on Putin at a critical time and crack down on the illicit networks being used...

- Bitcoin will grow at 30% per year for the next decade, says Bitwise Forget the 7% you’ll get from stocks or the 4% from bonds. Bitwise forecasts that Bitcoin will deliver investors nearly 30% annually through 2035. In a Tuesday note to investors, Matt Hougan, chief investment officer at Bitwise, predicted Bitcoin will enjoy a 28.3% compound annual growth rate over the next 10 years. That would send Bitcoin from today’s $113,000 to roughly $1.4 million in 2035. It’s a bold call from the asset manager, but one that reflects a profound shift on Wall Street. For the first time, major institutional platforms managing trillions of dollars are asking for long-term Bitcoin forecasts. Not one or two requests, but 12 in January alone...

- The end of the year is nearly upon us — where does the time go!? As we gear up for 2025, it’s time to take a hard look at your paycheck. Spoiler alert: some changes are on the horizon, and they might just affect your bottom line. GOBankingRates spoke to financial experts to get the skinny on whether or not your wallet could be getting fatter in 2025. Here are some potential changes to look out for next year. Salary Increases: Don’t Get Your Hopes Up Paul Carlson, a certified public accountant (CPA) and managing partner at Law Firm Velocity, brought some sobering news about salary increases. With over 15 years of experience in finance and accounting, Carlson knows his stuff when it comes to paycheck trends. “The main takeaway is...

- Bitcoin Giant Strategy and Coinbase Lead Crypto Stock Slump Shares in leading publicly traded crypto companies and digital asset treasuries like Strategy (MSTR) and Coinbase (COIN) dropped after the opening bell on Wednesday before rebounding to 1.95% and 0.5% gains, respectively. But over the last month, the pair have experienced extended losses, falling nearly 20% and 27% respectively. They’re underperforming crypto majors like Bitcoin and Ethereum, which have respectively fallen 3.7% and gained 13.4% over that timeframe. For Strategy, it marks the lowest shares have traded since April. While the drops coincide with a broader crypto market selloff, potentially due to concerns over inflation and other macroeconomic data...

- Bitcoin and Ethereum dipped briefly before regaining momentum in the hour after the Federal Reserve released minutes from its July monetary policy meeting, showing that the two dissenting governors on the Federal Open Markets Committee (FOMC), couldn't convince others to join them. "A couple of members preferred to lower the target range for the federal funds rate by 25 basis points at this meeting," the minutes revealed. "These members judged that, excluding tariff effects, inflation was running close to the Committee’s 2 percent objective and that higher tariffs were unlikely to have persistent effects on inflation." Following the release, Bitcoin was recently trading at $114,253, up 0.6 over the past hour, and Ethereum was...

- Illinois says no to ‘crypto bro’ politics, signs two new bills Illinois Governor JB Pritzker signed into law a first-of-its-kind framework for cryptocurrency and digital assets in the Midwest on August 19. It comes at a time when more and more people are using digital assets. Illinois Governor JB Pritzker has signed two landmark bills into law—The Digital Assets and Consumer Protection Act (SB1797) and The Digital Asset Kiosk Act (SB2319)—positioning Illinois as the first state in the Midwest with a comprehensive crypto regulation framework. The legislation grants the Illinois Department of Financial and Professional Regulation (IDFPR) authority over crypto exchanges and digital asset businesses, bringing them under the same...

- Why LINK is Outperforming BTC & ETH While most of the market is rebounding slowly, Chainlink's native token, LINK, is up over 8% in the last 24 hours and massively outperforming bitcoin and ethereum. This article has been published in CoinDesk via Yahoo News. https://finance.yahoo.com/video/why-outperforming-btc-eth-192531539.html

- ‘Nothing Scary’ About Crypto, Federal Reserve Governor Says Using cryptocurrencies to facilitate ordinary payments should be no more intimidating than swiping a debit card, Federal Reserve Governor Christopher Waller said on Tuesday. “There is nothing to be afraid of when thinking about using smart contracts, tokenization, or distributed ledgers in everyday transactions,” he said in a speech at the Wyoming Blockchain Symposium in Teton Village, Wyoming. “This is simply new technology.” Waller described stablecoins as a continuation of advancements in payments, pointing to the early days of physical cards that lacked magnetic strips or chips. Stablecoins have evolved from their original purpose, he acknowledged, but “have the...

- Harvard economist admits he was wrong about Bitcoin Kenneth Rogoff, an American economist and chess grandmaster, predicted that Bitcoin was far more likely to fall to $100 in 2018. Speaking to CNBC, Rogoff predicted that an increase in government regulation would cause the price to fall, adding that a decline to $100 was “a lot more likely” than a rise to $100,000. He also made bold claims that without money laundering and tax evasion, the practical applications of Bitcoin would be almost negligible. Rogoff, who previously served at the International Monetary Fund, is now the Maurits C. Boas Chair of International Economics at Harvard University. Seven years later, Bitcoin has crossed that threshold past the six-figure milestone...