Author: Crypto Editor
Bitcoin stays below the $120,000 value mark following a pullback triggered by remarks from the US Treasury that the federal authorities is not going to be buying the cryptocurrency. On the time of writing, BTC is valued at roughly $118,612, representing a 4.1% decline from its file excessive above $124,000 reached earlier this week. The market appears to be at the moment assessing whether or not this consolidation section will result in renewed upward momentum or prolong the correction. Current blockchain knowledge has introduced consideration to exercise on Binance, the world’s largest cryptocurrency trade by buying and selling quantity. Associated…
Main crypto change Binance has revealed the addition of two cryptocurrencies, Hedera (HBAR) and Sui (SUI), to the BNB Sensible Chain (BSC) community.In a brand new official put up at the moment, Aug. 15, Binance said it has accomplished the combination of Hedera (HBAR) and Sui (SUI) on the BNB Sensible Chain (BSC) Community, with deposits and withdrawals now open. Hedera (HBAR) is the seventeenth largest cryptocurrency with a market capitalization of $10.45 billion and buying and selling at $0.246. SUI ranks because the 14th largest cryptocurrency with a market valuation of $10.45 billion and buying and selling at $3.69.…
Aave reached a number of all-time highs this week, fueled by the heated crypto market.The cash market protocol reached $3 trillion in cumulative deposits on Aug. 15, whereas surpassing $29 billion in lively loans on August 13, in response to Token Terminal information.Moreover, Aave’s whole worth locked (TVL) climbed to a document excessive above $40 billion on Aug. 14, based mostly on DefiLlama information. The achievements come amid DeFi lending rising because the second-largest class with $75.3 billion in mixed TVL.Lending sector exhibits sturdy progressDeFi lending protocols collectively handle $75.3 billion in whole worth locked throughout 540 protocols, making it the second-largest…
Jessie A Ellis Aug 15, 2025 07:12 ALGO value prediction factors to $0.35 goal in short-term with sturdy bullish development intact regardless of latest pullback. Key resistance at $0.29 should break first. ALGO Value Prediction: Concentrating on $0.35 Breakout Inside 2 Weeks Algorand (ALGO) presents a compelling technical setup for potential upside regardless of yesterday’s 6.52% decline. With the cryptocurrency buying and selling at $0.26 and displaying indicators of consolidation close to key help ranges, our ALGO value prediction evaluation suggests a measured bullish outlook over the approaching weeks. ALGO Value Prediction Abstract • ALGO short-term goal (1-2 weeks): $0.35…
Trusted Editorial content material, reviewed by main business consultants and seasoned editors. Advert Disclosure The current passage of the GENIUS Act, which marks the primary stablecoin laws in the USA, has sparked appreciable curiosity amongst crypto buyers. Nonetheless, main banking associations throughout the nation have raised alarms about potential vulnerabilities within the legislation that might pose dangers to the monetary system. Alleged Dangers In New Stablecoin Laws In a letter addressed to the Senate Banking Committee, these associations, representing all 50 states, known as for pressing amendments to deal with a number of recognized loopholes. Of their correspondence, the associations…
In short The Federal Reserve has ended a supervisory program that monitored banks concerned in crypto. U.S. banks will not face elevated scrutiny for providing issues like crypto custody or stablecoin companies. The Fed’s transfer comes because the regulatory panorama within the U.S. adjustments below Trump. The Federal Reserve has ended a supervisory program geared toward monitoring U.S. banks providing crypto companies, its board mentioned Friday.America’s central financial institution again in 2023 pressured banks concerned in crypto and different fintech actions to inform the Fed and observe strict pointers.”Because the Board began its program to oversee sure crypto and fintech…
US-based spot Bitcoin and Ether exchange-traded funds (ETFs) simply logged their strongest week of mixed buying and selling quantity but, in response to an ETF analyst.“Largest week ever for them, due to Ether ETFs stepping up massive,” ETF analyst Eric Balchunas mentioned in an X publish on Friday.Ether ETFs had been “asleep” for 11 months, says Balchunas“Ether ETFs’ weekly quantity was about $17b, blowing away document, man did it get up in July,” Balchunas mentioned.It got here the identical week Bitcoin (BTC) reached a brand new all-time excessive of $124,000 on Thursday, whereas Ether (ETH) got here near reclaiming its…
The U.S. Securities and Alternate Fee is taking a look at custody guidelines for digital property, together with how broker-dealers, asset managers and funding advisers can take care of cryptocurrency transactions, its head mentioned Friday.SEC Chair Paul Atkins, talking about his just lately introduced Undertaking Crypto on Fox Enterprise’ “Mornings With Maria” program, mentioned the company was “mobilizing on the SEC all our completely different divisions and places of work” to implement President Donald Trump’s crypto working group’s suggestions to make the U.S. a extra crypto-friendly nation. This consists of adjusting guidelines “which have been round for 90 years or…
Bitcoin Coverage Institute India launches to advertise Bitcoin for monetary independence, leveraging renewable power, reducing prices, and boosting India’s international management. The Bitcoin Coverage Institute of India (BPI India) formally launched in the present day, August 15, 2025, coinciding with the nation’s 79th Independence Day. This can be a basis of the primary Indian assume tank that works to popularize using Bitcoin as a way of economic and financial independence. Bitcoin Institute to Drive India’s Management in International Monetary Paradigm The institute wish to set up Bitcoin as a strategic asset that may shield the nation in opposition to geopolitical…
Be a part of Our Telegram channel to remain updated on breaking information protection Bitcoin plunged after US Treasury Secretary Scott Bessent dominated out authorities purchases for the Strategic Bitcoin Reserve, sparking over $1 billion in crypto liquidations—after which he backtracked. Throughout a Fox Enterprise interview, Bessent initially stated the Treasury wouldn’t be shopping for Bitcoin for its strategic reserve, sending Bitcoin to a 24-hour low of $117,254. “We’ve additionally began to get into the twenty first century, a Bitcoin reserve,” Bessent stated throughout an interview with Fox Enterprise. “We’re not going to be shopping for that, however we’re going…