Here's what bitcoin and ether traders are doing ahead of the binary U.S. CPI print
Bitcoin and ether are stuck in a tight range ahead of the CPI. Here’s how savvy traders are positioning for the pivotal release. Source:CoinDesk
Trump Media’s bitcoin holdings shrink as crypto losses hit $361 million
The Truth Social parent held 9,477 BTC worth $557 million at the end of June, while its Cronos position also suffered a steep drop in value. Source:CoinDesk
Bitmine’s ETH buying slows as Tom Lee's firm shifts capital to share buybacks
Chairman Tom Lee said easing financial conditions could support crypto, even as the CLARITY Act failed to reach a Senate vote before the August recess.…
Crypto exchange Coinsbuy loses $8 million in coordinated two-blockchain attack
Onchain forensics tie a single actor to an $8 million coordinated drain across TRON and Ethereum, with most funds routed through FixedFloat and the attack…
Trump-Backed American Bitcoin director Justin Mateen buys nearly $2 million of ABTC stock
Mateen purchased more than 306,000 shares across two days following the company's quarterly earnings, lifting his stake to more than 492,000 shares.…
Proposed CLARITY ethics deal could save Trump millions in taxes: Bloomberg
The latest bipartisan ethics proposal would reportedly require Trump to divest crypto businesses while allowing him to defer capital gains taxes on those…
Tether expands tokenization business into Saudi Arabia, starting with real estate
The stablecoin issuer is extending its tokenization business into Saudi Arabia, starting with institutional real estate assets with plans to expand to other…
Intesa Sanpaolo slashed IBIT stake by 94% in 2Q, tripled ether ETF holding as crypto prices slumped
The Italian bank tripled its holding of iShares Staked Ethereum Trust ETF stake as total bitcoin ETF holdings fell 35% to $69.3 million. Source:CoinDesk
BitGo’s WBTC move pushes LayerZero-to-Chainlink tally near $15 billion
A migration wave followed a $292 million Kelp bridge exploit, with announced LayerZerotoChainlink moves now totaling $14.5 billion. Source:CoinDesk
First U.S. spot bitcoin ETF to close as inflows dwindle, investors chase AI returns
Hashdex's DEFI, the smallest of the funds, held $14.7 million under management, compared with $47.08 billion for BlackRock’s IBIT. Source:CoinDesk
Tom Lee's Bitmine bought more ether, added to stock buyback last week
Chairman Tom Lee said ether's outperformance versus the Nasdaq in July signals strengthening crypto fundamentals. Source:CoinDesk
Tether posts $1.5 billion operating profit in Q2 as reserve buffer falls by half
The world’s largest stablecoin issuer added 14 metric tons of gold and about 1,800 bitcoin to its reserves during the second quarter. Source:CoinDesk