Gold Hits 2-Month High Above $4,400 as China Keeps Hoarding
Key TakeawaysGold crossed $4,400 on Aug. 11 before spot prices eased to $4,378.50 by noon EDT.China’s PBOC added 20 tonnes...
Business
Bitdeer increased Bitcoin mining output by nearly fivefold in Q2
Bitdeer mined 2,694 BTC in Q2, but ended the quarter holding just 150 BTC after liquidating its treasury earlier this...
Germany Mulls Bitcoin Critic Nagel’s Bid for ECB Presidency
Key TakeawaysGermany could back Bundesbank President Joachim Nagel to succeed ECB President Lagarde if she resigns early.Despite stiff competition, Germany’s...
MARA Pledges 18,750 BTC for $600 Million New Bitcoin-Backed Loans
This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The...
Blockchain.com wins Cayman custody license after MiCA and FCA approvals
Blockchain.com secured a VASP custody license from the Cayman Islands Monetary Authority, expanding its regulated crypto services in the region....
Step App winds down after four years as FITFI token sinks
Move-to-earn project Step App will wind down services by Aug. 21 after four years, while its FITFI token trades 99.9%...
Binance Affiliates Sue RedotPay Over User Diversion Claims
Binance-affiliated companies have sued the founders of Hong Kong-based cryptocurrency payments company RedotPay, alleging it diverted more than 470,000 users...
Boerse Stuttgart Digital, Tradias Complete European Crypto Merger
Boerse Stuttgart Digital and institutional crypto trading firm Tradias have completed their merger after clearing the required ownership control procedure,...
Nigeria Sets Crypto Tax Rules for Digital Asset Platforms
Nigeria’s revenue agency has issued rules requiring crypto platforms and peer-to-peer (P2P) marketplaces to collect, report and remit taxes, including...
Japan, US Plot Yen Rescue as Speculators Face Reckoning
Key TakeawaysJapan and the U.S. may unveil a joint yen policy next week, Kyodo News and CNBC reports.Japan sold up...
Citadel Buys Situational Awareness Stocks After July AI Market Rout: Reports
Ken Griffin’s Citadel reportedly bought a large proportion of the public stock portfolio of Situational Awareness, the hedge fund founded...
Central Bank Gold Purchases Jump 62% to 288.9 Tonnes in Q2
Key TakeawaysCentral bank gold demand hit a Q2 record of 289 tonnes, rebounding sharply from a weak Q1.Poland led purchases...
Tether signs tokenization deal with Nairobi Securities Exchange
The agreement covers tokenized securities, blockchain-based market infrastructure and the potential use of USDT as a settlement layer. Source link
Chinese newspaper warns of Bitcoin extortion scam using its name
China Business Journal says fraudsters impersonated the publication, demanding Bitcoin to suppress purported investigative reports about targeted companies. Source link
Prediction Markets Say Hold, Citadel Securities Says Fed Will Hike as Trump Pressures Central Bank
Key TakeawaysKalshi puts Fed hold odds at 73% ahead of the July 29 FOMC decision.Citadel Securities’ Frank Flight bets on...
Ondo Shifts From Layer-1 Blockchain to Offchain Execution Network
Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries.All news, reviews, and analyses...
BitMart Faces Withdrawal Complaints Following Wind-Down Announcement
Withdrawals from crypto exchange BitMart appeared to slow after it announced plans to wind down its operations. On Monday, blockchain analytics...
BitMart to Wind Down Exchange as BMX Tanks
BitMart will wind down its cryptocurrency exchange, ending all trading services on Aug. 26 before ceasing operations entirely on Jan....
Michael Saylor Rolls out Net BTC and BTC Hurdle ARR to Reframe Strategy’s $64 Billion Bitcoin Bet
Key TakeawaysStrategy unveiled new bitcoin metrics July 24, including Net BTC and BTC Hurdle ARR.Strategy holds 843,775 BTC bought for...
SpaceX Plunges to New Low as Musk’s Fortune Bleeds $35 Billion in One Day
Key TakeawaysSpaceX fell near $111 on July 23, more than 50% below its June peak.Elon Musk lost $35.2 billion as...
Mirae Asset completes Korbit acquisition, becomes largest shareholder
Mirae Asset Consulting has become Korbit’s largest shareholder after completing its acquisition, with the exchange saying trading and customer asset...
Tether-backed Twenty One, Strike merger plan scrapped: Bloomberg
Strike will remain a standalone company after the proposed three-way merger was scrapped, while Twenty One Capital and Elektron continue...
