Bitcoins $63,000 zone emerges as key battleground for buyers: Glassnode

SummaryRoughly 515,000 BTC, more than 3% of the circulating supply, is concentrated around the $63,000 price level.All wallet cohorts are accumulating, with retail investors and whales holding at least 1,000 BTC showing the strongest buying activity.  Bitcoin has traded between $60,000 and $67,000 for several weeks, making $63,000 one of the most heavily supplied price areas. The only larger concentration sits between $78,000 and $82,000, where bitcoin topped out in May.  Glassnode‘s Entity-Adjusted UTXO Realized Price Distribution (URPD) shows how much bitcoin supply last moved within each price band, with each entity’s balance assigned to its average acquisition price. More than 3% of the supply, approximately 515,000 BTC, is concentrated around $63,000, while more than 2%, or roughly 362,000 BTC, sits around $61,000.  Bitcoin is also trading almost exactly in line with its 200-week moving average, which tracks the asset‘s average weekly price over the past 200 weeks. The indicator currently stands at $63,657, compared with bitcoin’s price of $63,822, highlighting significant accumulation in this range.  Glassnodes 30-day Accumulation Trend Score, broken down by wallet-size cohort, shows that retail investors are currently the most aggressive buyers at these prices. Every other cohort is also accumulating, including whales holding at least 1,000 BTC, which are

08-04انڈسٹری

TRUMP coin faces SEC fraud probe call after 98% crash

Democratic senators Elizabeth Warren and Richard Blumenthal have asked the SEC to investigate whether the TRUMP meme coin facilitated fraud or improper enrichment after its value collapsed 98% from its peak.  Senators ask SEC to investigate TRUMP coin  Warren and Blumenthal sent a letter to SEC Chair Paul Atkins asking the agency to determine whether the president-linked token involved illegal fraudulent activity or allowed insiders to obtain improper gains.  “We are concerned that President Trumps memecoin scheme may constitute an illegal scam,” the lawmakers wrote, according to CNN reporting cited by multiple outlets.  The senators reportedly asked the SEC to examine whether the project operated as a “soft rug pull.” The term describes a situation in which insiders or developers gradually withdraw support or extract value instead of abandoning a project in one sudden move.  Their letter does not establish that fraud occurred. The SEC would need to determine whether federal securities laws apply to the token and whether its promotion, distribution, or trading involved any legal violations.  TRUMP coin investors lost $3.81 billion  The lawmakers cited the scale of investor losses surrounding the Solana-based token, which launched shortly before Trump returned to the White House in January 2025.  Data from blockchain analytics firm Nansen showed that 988,905

08-04انڈسٹری

Dinari opens tokenized S&P 500 stock trading to U.S. investors

Dinari has introduced tokenized access to the entire S&P 500 for U.S. investors, allowing eligible users to trade blockchain-based shares backed one-to-one by underlying securities.  SummaryDinari has launched tokenized versions of all S&P 500 stocks for eligible U.S. investors.Users can buy and sell blockchain based equities through self custody wallets funded with USDC.Each tokenized share is backed by an underlying security held in regulated custody and carries investor rights.The launch comes as competition in tokenized equities continues to grow among crypto and financial firms.Dinari says its platform is already available across 85 jurisdictions and supports more than 6,100 tokenized assets.  According to Fortune, the launch expands Dinaris blockchain-based equities platform through a wallet-first system that lets users fund accounts with USDC instead of relying on traditional brokerage infrastructure.  The rollout allows eligible U.S. users to buy and sell tokenized shares through self-custody wallets instead of conventional brokerage accounts.  Dinari said the launch combines tokenized equities with stablecoin payments through a partnership with Circle, creating what it describes as a link between the roughly $300 billion stablecoin market and the more than $60 trillion U.S. equities market.  Circle declined to comment, citing a quiet period ahead of its upcoming earnings report.  Dinari replaces traditional brokerage access with

08-04انڈسٹری

Ether whales are pulling ETH off exchanges, Heres why

Ethereums $ETH token is shifting its usage, moving from exchange-based speculation to on-chain activity. Whale accumulation and global demand expand, while exchange reserves are still contracting.   Ethereum is showing a shift in demand for $ETH, from US-based trading and speculation to growing global demand and on-chain usage.  The signal of decreased US demand is the Coinbase premium index, which has been mostly negative throughout 2026. $ETH open interest is also almost flat at $11.37B, showing weaker demand for speculative trading.  The Coinbase premium for $ETH remained negative for most of 2026, showing weakened US demand and rising global accumulation from Binance. | Source: Cryptoquant  $ETH remains close to the $1,900 range, recently slowing down to $1,889.80. $ETH showed few signs of rallying but still achieved an 18.5% gain in July, its best month year to date.  The token shows rising demand for on-chain activity, as DeFi lending is showing signs of recovery. $ETH remains one of the strongest collaterals for DeFi protocols, keeping liquidity within the ecosystem.  As a result, $ETH demand and withdrawals caused premium prices on Binance, compared to Coinbase. $ETH demand from US institutions slowed down in the summer of 2026, as there is little demand for digital treasury companies.  Global projects, however,

08-04

As Clarity Act teeters, mystery group hammers away at crypto in Washington ads

SummaryCrypto Watchdog has suddenly appeared to trumpet about the dangers of crypto in the 11th hour of the Senate‘s Clarity Act negotiations, but the group’s financial backing is being kept secret.The organization has been running TV and online ads in the Washington area, linking digital assets with terrorists and drug cartels as lawmakers try to finish work on the crypto market structure legislation.  The crypto industrys central policy drive is to get U.S. laws that elevate it to a fully regulated and government-approved corner of the financial system. While the legislation to do that is struggling with its final Senate test, a mystery organization is flooding Washington, DC, with ads linking crypto to terrorists and drug cartels.  Across television and social media, the localized campaign warns in one example: “The worst people operating in the darkest places use crypto because there are no guardrails,” citing connections to drug cartels, terrorists and people praying against seniors.  “Lets bring crypto out of the shadows now,” the ads say.  The recently emerging group behind the campaign is Crypto Watchdog, run by Executive Director Chapin Fay, a media strategist who had been involved in past Republican political campaigns but hadnt been previously associated with crypto matters.  “Our mission is

08-04انڈسٹری

US yen intervention puts Bitcoin, risk assets on notice for liquidity flux

Joint currency interventions in the yen by Japan and the US could ultimately benefit Bitcoin and risk assets.  Key points:The first joint intervention in the yen between Japan and the US since the late 1990s could set a precedent for future moves.A liquidity crisis tied to the yen carry trade poses questions for Bitcoin (BTC) and risk assets as the two countries attempt a juggling act to stabilize the currency without impairing US Treasury markets.Japanese two-year bond yields rose above 1.57% on Monday.  Bessent signals new era of US yen involvement  Washingtons growing coordination with the Bank of Japan (BoJ) points to a potential boost in global dollar liquidity — even as it runs up against a yen carry trade unwind that could squeeze liquidity if it deepens further.  Last week, the US and Japan conducted a rare joint intervention to prop up the yen, which had slid to 40-year lows of 164 per dollar — the first of its kind since 1998. The New York Federal Reserve Bank sold euros, rather than dollars, on behalf of the US Treasury. The sales involved the Exchange Stabilization Fund, or ESF, a stockpile of foreign exchange reserves.  USD/JPY one-day chart for Tuesday. Source: Cointelegraph/TradingView  Subsequently, US Treasury Secretary

08-04انڈسٹری

Former FBI supervisor admits guilt in $1M crypto theft

Former FBI supervisory agent Patrick Steven Yaroch was charged with using internal systems to obtain credentials for cryptocurrency wallets linked to an adversarial country, which he used to transfer funds to his own crypto wallets.  Yaroch admitted to 10 unauthorized transfers between late 2024 and early 2025 that involved an estimated total of $1 million in digital assets, some of which he deposited into Suilend to earn yield, according to a Saturday US Federal court filing.  After self-reporting the incident, Yaroch was placed on administrative leave last Wednesday, terminated and then arrested on Friday. Agents retrieved devices, seed phrases and a Trezor wallet from his Virginia residence to access his accounts on Suilend and crypto exchange Kraken. With his cooperation, they transferred roughly $925,000 in funds to government-controlled wallets.  In May, Yaroch used ChatGPT for advice.  “If I had a million dollars, how would you suggest investing it/spending it to maximize profit and return,” he wrote in the AI prompt, according to the court filing. ChatGPT suggested “building a slower-living vineyard/agricultural lifestyle in places like Cilento or Portugals Dão region.”  Yaroch is the latest case of crypto theft involving a federal agent. In 2015, former DEA special agent Carl M. Force diverted about $700,000 in

08-04انڈسٹری

Italys biggest bank triples staked Ether ETF holdings while cutting IBIT shares

Intesa Sanpaolo, Italys largest banking group, tripled its position in an iShares staked Ether exchange-traded fund during the second quarter while reducing its position in the iShares spot Bitcoin ETF.  The bank reported holding 349,600 shares of the iShares Staked Ethereum Trust ETF (ETHB) worth $7.1 million as of June 30, according to Friday filing with the US Securities and Exchange Commission. That was up from 116,200 shares valued at $3.15 million at the end of March.  Intesa retained 3.47 million shares of the ARK 21Shares Bitcoin ETF (ARKB) worth $67.6 million, its largest crypto-linked holding in the filing. The share count was down about 4% from the first quarter.  The bank cut its iShares Bitcoin Trust ETF (IBIT) shareholding by about 94%, to 40,723 shares from 646,809 shares.  Intesa kept its Grayscale XRP Trust ETF (GXRP) position unchanged at 712,319 shares, nearly doubled its BitGo stake to 323,000 shares and reduced its Coinbase position to 7,000 shares.  Crypto ETFs give banks and other institutional investors exposure to digital assets through regulated securities products, avoiding the custody, compliance and operational requirements of holding cryptocurrencies directly.  Related: Italys largest bank more than doubles crypto holdings to $235M in Q1: Report

08-04انڈسٹری

DCG's Fortitude acquires 12.5 MW Nebraska facility for net $4.7 million, expanding Zcash mining portfolio

Quick TakeFortitude Mining has completed the cash acquisition of a 12.5 MW mining facility for a net outlay of about $4.7 million after credits.The site, which includes full ownership of the land, building, and on-site substation, is the companys third in Nebraska and contributes to an owned power portfolio of more than 60 MW across seven sites.  Fortitude Mining Holdings, Inc., the Zcash mining subsidiary of Digital Currency Group, has completed its acquisition of a 12.5 megawatt facility in Prosser, Nebraska, according to an announcement on Tuesday.  This comes about a week after Fortitude announced it was bringing a 12 MW mining facility in Grand Island, Nebraska, online. That Nebraska facility was called Fortitudes first self-developed mining site.  The Prosser site will be Fortitudes third in Nebraska and adds to its owned power portfolio of more than 60 MW across seven sites in South Dakota, Nebraska, Texas, and New York.  “The acquisition of our Prosser Facility is a significant step forward in scaling our owned-and-operated portfolio,” Fortitude CEO Andrea Childs said. By pairing targeted acquisitions like Prosser with our own greenfield development, we are building a vertically-integrated platform designed to maximize the value of every megawatt we own.  Fortitude said it funded the acquisition entirely

08-04انڈسٹری

South African lawmakers propose draft rules on cross-border crypto transactions

SummarySouth Africas National Treasury and the South African Reserve Bank are moving towards regulating the use of cryptocurrency for cross-border transactions.A draft rulebook proposes that sending crypto offshore must be conducted through an authorized provider and be reported to the central banks Financial Surveillance Department.The two bodies have invited comments from interested parties with a deadline for submission of Sept. 30.  South Africas Treasury and central bank are moving towards regulating the use of cryptocurrency for cross-border transactions.  The National Treasury and the South African Reserve Bank (SARB) released a draft rulebook on Monday that proposes that sending crypto offshore must be conducted through an authorized provider and reported to the central banks Financial Surveillance Department (FinSurv).  “The proposed regulatory measures seek to minimize the risk of regulatory arbitrage between regulated entities conducting cross-border activities, and to enhance the ability of the Financial Surveillance Department (FinSurv) to detect, deter and disrupt illicit financial flows,” Treasury and the Reserve Bank said in a joint statement.  The framework would not make crypto legal tender, nor do the rules distinguish between different digital assets.  The two bodies have invited comments from interested parties with a deadline for submission of Sept. 30.  The proposed rules build on previous National Treasury

08-04انڈسٹری
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