TLDR: Jiang Zhuoer says he is 90% confident the crypto bear market has ended after Bitcoin neared $79,500. He bought ETH near $2,100 after selling at 1,738-1,931, then sold half his spot position near $2,525. Jiang keeps 20%-30% of planned capital undeployed, with an ETH buy possible if BTC falls to 67,000-72,000. U.S. spot Bitcoin …
Continue reading “BTC.TOP Founder Jiang Zhuoer Flips Bullish, Says ETH Could Outperform Bitcoin”
TikTok is agreeing to pay $400 million to resolve allegations that it violated children’s online privacy laws under the Children’s Online Privacy Protection Act (COPPA). The agreement resolves claims that TikTok, ByteDance, and affiliated companies unlawfully collected children’s data and improperly allowed account creation, says the Justice Department. TikTok will pay $300 million immediately and …
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Riot Platforms entered 2026 with 3,977 BTC pledged against a $200 million Coinbase loan. Bitcoin then fell far enough that the agreement required another 1,825 BTC, taking the collateral balance to 5,802 in February. Those coins still belonged to Riot and sat in a segregated custody account under Coinbase’s lien. Riot couldn’t deploy them elsewhere …
Bitcoin enters the weekend within striking distance of $80,000, registering an intraday high at $79,500 on Aug. 21. The move caps the biggest weekly rally in two years, built on a rare combination. A surprise Treasury intervention, roughly $1.6 billion of spot ETF inflows, and billions of dollars in forced short liquidations all landed together. …
Continue reading “Bitcoin hits $80,000’s doorstep just as the ETF bid disappears for the weekend”
By July 18, 2028, a stablecoin could still move freely across blockchains and yet disappear from the buy menu on an American exchange. Under the Treasury Department’s proposed GENIUS Act rules, a digital asset service provider wouldn’t be able to offer or sell a payment stablecoin to someone in the United States from that date …
Continue reading “Treasury just put a deadline on offshore stablecoins’ access to US customers”
Adam Back-led BSTR’s plan to become a public Bitcoin treasury company through Cantor Equity Partners I, a special-purpose acquisition company, ended on Aug. 20. The collapse leaves a $15 million cash obligation with two fixed deadlines. Under the executed termination agreement, BSTR Holdings (Cayman) must pay Cantor Equity Partners I. The entity, defined in the …
Continue reading “Adam Back’s Bitcoin treasury deal died, but its $15M obligation did not”
Factblock CEO and Korea Blockchain Week organizer Andrew Park outlines South Korea’s transition from a retail-driven crypto market to an institutional digital finance hub. However, he believes institutional adoption relies on resolving unglamorous back-office realities supported by new frameworks for digital asset access. From Retail Craze to Institutional Frontier For years, the global crypto ecosystem …
Continue reading “Beyond the Kimchi Premium: Korea’s Institutional Shift”
As major crypto exchanges evolve into all-things-financial-services platforms, they’re investing more in new products to grow and diversify, while increasing trading revenues has become challenging. As the bear market persisted during the second quarter of this year, three of the largest listed crypto exchanges — Coinbase, Bullish, and Gemini — recorded a drop in trading …
Continue reading “Expect Changes in Rewards and Fees at Crypto Exchanges as Strategies Shift”
The legendary investor moved into the digital assets ecosystem, disclosing investments in Bitdeer, a publicly traded bitcoin mining and data center operator, and in Hyperliquid, a decentralized trading platform. Druckenmiller’s Puts Over $80 Million Behind Digital Assets Stock Picks Stanley Druckenmiller, the legendary investor behind Duquesne Family Office, is warming up to the digital assets …
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An in-home caregiver has been arrested on multiple felony counts after allegedly siphoning more than $180,000 from a nearly 92-year-old client with significant vision impairment. Maryjean “Mary” Victoria Small, 26, worked through Concierge Care as an independent contractor for the victim in St. Johns County from early 2025 until mid-2026, reports News4JAX. She now faces …
US equities continue to draw upward revisions from major banks and institutional investors amid robust corporate earnings and economic resilience. The Swiss institution UBS Global Wealth Management now sees the S&P 500 (SPX) closing 2026 at 8,100, implying about 6% gains from recent levels near 7,674, reports Reuters. The wealth management division UBS points to …
Illuvium co-founder and CEO Kieran Warwick said Aug. 21 that six months of cost reductions and a further wage cut had restored more than 12 months of operating runway for the web3 gaming studio. Warwick said the remaining workforce is now almost entirely focused on an MMO and that most team members have been with …
Ethereum’s better.codes contest now measures a cryptographic proof gap that researchers can attack from both sides. At 15:44:47 UTC on Aug. 21, the live leaderboard showed a 63.99-bit lower certificate and a 116.13-bit upper certificate for koalaIRS12. The two results left 52.14 bits unresolved after nine promoted submissions from seven solvers. KoalaIRS12 is a fixed …
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HM Revenue and Customs (HMRC) sent 81,000 warning letters to cryptocurrency investors over suspected unpaid taxes, while expanded international reporting could give the UK tax agency substantially greater visibility into offshore transactions beginning in 2027. HMRC Crypto Tax Letters Increase 25% The United Kingdom’s tax agency has intensified scrutiny of cryptocurrency investors, sending 81,000 warning …
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Police in the United Arab Emirates detained two Binance employees at airports and questioned a third, as part of a fraud inquiry into funds moving through the exchange. All three have been released, and Binance says none of them were targets. Employees Held After Airport Stops, Then Released Emirati police pulled two Binance employees aside …
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