Vaibhavv Ali
Block Inc., the company led by Jack Dorsey, has acquired an additional 108 Bitcoin for $12.6 million in Q2 2025. This purchase brings Block’s total Bitcoin holdings to 8,692 BTC, now valued at over $1 billion. The acquisition solidifies Block’s position as a major corporate holder of Bitcoin. This move is consistent with Dorsey’s long-held … Read more
Since the beginning of July, Ethereum (ETH) spot ETFs have seen a sustained period of positive net flows, indicating growing institutional demand. The article notes that there have been only three days of negative net flows in this period, with two of those days occurring in August and totaling $617.4 million in sales. This consistent … Read more
The price of Sui (SUI) has risen 4% in the last 24 hours to $3.82 after Swiss digital asset bank Sygnum announced new custody, trading, and lending services for the token. This move allows regulated investors in Switzerland to hold, trade, and borrow against their SUI, providing a new, secure pathway for institutional clients to … Read more
OpenAI’s much-anticipated GPT-5 launch has faced a wave of criticism from early users who report that the new model is slower and less effective than its predecessors. Despite being hyped as a major leap forward, users on platforms like Reddit and X are complaining of sluggish performance, a more “robotic” tone, and shorter, less comprehensive … Read more
The PENDLE token is experiencing a significant rally, reaching its highest price in seven months, driven by the launch of the staking token KHYPE on the Pendle yield tokenization protocol. In the last 24 hours alone, PENDLE has risen by 19%, contributing to a 35% weekly gain. The token’s strong performance has been linked to … Read more
The Nasdaq closed at a new record high of 21,450.02 on Friday, capping off a week of strong gains across all three major U.S. indexes. The S&P 500 also rose to 6,389.45, nearing its own record, while the Dow Jones Industrial Average climbed to 44,175.61. The week’s rally was largely fueled by the technology sector, … Read more
Bitcoin’s derivatives market is showing signs of a slowdown as funding rates have dropped significantly, suggesting a decrease in leveraged long positions. This shift is happening alongside growing speculation that the government of Bhutan may be preparing to sell a portion of its substantial Bitcoin reserves. According to Glassnode data, Bitcoin’s perpetual futures funding rates … Read more
A new report from Visa and Allium reveals that stablecoin transactions have surpassed $5 trillion across one billion payments this year. The total value of stablecoins in circulation has grown by 47% since the U.S. election in November 2024, now valued at $255 billion. This growth is attributed to investor excitement, greater regulatory clarity, and … Read more
BlackRock, a major asset management firm, announced on August 9 that it has no immediate plans to file for a spot XRP or Solana (SOL) ETF. This decision signals the company’s current focus on its existing Bitcoin (BTC) and Ethereum (ETH) ETFs. This stance distinguishes BlackRock from other firms that are actively pursuing altcoin ETF … Read more
Ukraine is set to introduce a new legal framework for cryptocurrencies by late August 2025. According to Danylo Hetmantsev, the head of the Ukrainian Parliament’s Finance, Tax, and Customs Policy Committee, a preliminary reading of a crypto regulation bill is scheduled for that time. The primary goal of this legislation is to align Ukraine’s digital … Read more