Crypto

AVAX Is Up 7% While the Market Sleeps

The latest rally has pushed AVAX into a major demand zone as Avalanche sees an increase in RWA activity and network developments. AVAX gained nearly 7% over the past 24 hours after briefly tapping $6.92 on Tuesday before pulling…

Ethereum proposal could end staking rewards at 50%

Ethereum researchers have proposed a new issuance model that would gradually burn validator rewards and reduce them to zero once about half of ETH’s supply is staked. Summary EIP-8361 would burn a growing share of validator rewards as Ethereum’s staking…

HYPE’s 50% Revenue Drop Exposes the Limits of Hyperliquid Treasury-Fueled Momentum

The Hyperliquid (HYPE) token trades at around $55, up roughly +5% in 24 hours, a bounce that still leaves it well off the highs that once made it one of crypto’s standout performers. The uncomfortable truth is that the rally…

Italy’s Biggest Bank Cuts IBIT Exposure by 94% While Buying More Staked Ethereum

Italy’s biggest banking group slashed its Bitcoin ETF stake while tripling Ethereum ETF holdings, according to its latest Form 13F. Italy’s largest banking group, Intesa Sanpaolo, sharply reduced its reported exposure to BlackRock’s iShares Bitcoin Trust (IBIT) in the…

Dogecoin price eyes $0.076 as SpaceX stock jumps before earnings

Dogecoin price traded near $0.070 as SPCX stock extended its rebound ahead of SpaceX’s first earnings report as a public company. Summary Dogecoin price traded at $0.07035, with daily momentum remaining weak but stable. SPCX climbed 4.6% to $119.71, recovering…

Bitcoin News Today: Strategy Dumps 1,638 BTC Below Cost Basis

In Bitcoin news today, Strategy (MSTR) has sold 1,638 BTC for approximately $105M, according to a recent 8-K filing with the SEC, marking six consecutive weeks without a single Bitcoin purchase and continuing a clear pivot away from the firm’s…

XRP Struggles Against USDT but BTC Pair Paints a Much Bleaker Picture

XRP is still trading within a long-term bearish structure across both its BTC and USDT pairs. Although sellers have slowed their momentum in recent weeks, the price has yet to reclaim any meaningful resistance. This has left the broader trend…

Bitdeer lands $4.7B Norway AI deal as stock surges 23%

Bitdeer Technologies Group said on Aug. 4 that its Tydal Data Center subsidiary signed a 16-year colocation and services agreement with Volta Tydal AS for an artificial intelligence and high-performance computing campus in Norway. Summary Bitdeer signed a 16-year Norway…

CLARITY Act Stalls in Senate as Ethics Provision Draws Democratic Fire

The CLARITY Act, the most sweeping crypto regulation bill Congress has ever advanced, is stalled on the Senate floor, blocked not by Republicans but by seven Democrats who say the ethics language written to win their votes is structurally designed…

Trump Administration Plans Ban on New Chinese AI Data Center Components: Report

Trump has repeatedly outlined in the past that he wants the US to be the leader in AI and crypto. The White House is reportedly preparing fresh restrictions targeting Chinese-made data centers as it seeks to secure the infrastructure…