Recovered from the SITE123 blog, Aug 2026. Imported as drafts for review.
Elon Musk’s attorney, Alex Spiro, is making a move into the world of cryptocurrency. He is set to become the chairman of a new public company that will hold Dogecoin as its primary asset. The venture, supported by the Dogecoin Foundation’s corporate entity House of Doge, is looking to raise $200 million from investors. The … Read more
Bitcoin mining firm IREN has announced its best-ever quarterly earnings, with revenue reaching $187.3 million last quarter and $501 million for the fiscal year. This strong performance led to a nearly 14% jump in its stock price in after-hours trading. For the quarter ending June 30, the company’s revenue was up 226% year-on-year, helping it … Read more
On Friday, Binance, the world’s leading derivatives exchange, temporarily halted all futures trading on its platform. The company announced it was aware of an issue and that its team was working to resolve it as quickly as possible. The specific cause of the outage was not initially disclosed. The disruption affected a significant part of … Read more
After a quiet period in August, XRP is back in the spotlight, with analysts predicting a potential rally to $5. This bullish outlook is supported by four key factors: 1. Bullish Chart Patterns: On the daily chart, XRP is showing several strong technical signals. It is forming a falling wedge, a bullish pennant, and a … Read more
Solana (SOL) has recently reached a six-month high, but its rally is being met with significant selling pressure from influential investor groups. According to data, over 2 million SOL tokens, valued at more than $432 million, have been deposited into exchanges over the past three days. This behavior suggests that holders are taking profits on … Read more
Pyth Network’s (PYTH) price surged by nearly 70% on August 28, reaching a $1 billion market capitalization for the first time since May. This massive rally was triggered by an announcement from the U.S. Department of Commerce that it will use both Pyth Network and Chainlink to publish official economic data on nine different blockchains. … Read more
Luxxfolio, a Canadian crypto infrastructure company, has filed a preliminary shelf prospectus to raise up to CAD$100 million ($73 million). This move is intended to provide the company with financial flexibility as it expands its Litecoin-focused strategy and works to stabilize its balance sheet. The filing will allow Luxxfolio to issue various securities, including shares … Read more
Changpeng Zhao (CZ), the founder of Binance, believes that Hong Kong should increase the number of cryptocurrencies available on its licensed exchanges to remain competitive with global crypto hubs like the U.S. and the UAE. In an interview with the South China Morning Post, Zhao praised Hong Kong’s proactive and positive approach to Web3, stating … Read more
New data reveals that Bitget is solidifying its position as a top-tier crypto exchange, driven by strong institutional adoption and a powerful derivatives market. A recent CoinDesk report highlights Bitget’s impressive growth and trading infrastructure. Key Highlights from the Report: Derivatives Dominance: From November 2023 to June 2025, Bitget’s derivatives trading volume reached a staggering … Read more
Prediction markets are buzzing with speculation about the value of El Salvador’s Bitcoin holdings, with growing odds that the country’s treasury will reach a valuation of $1 billion by the end of 2025. This renewed interest was sparked by President Nayib Bukele, who humorously commented on a market created by Kalshi tracking the milestone. Following … Read more