Author: Isabella Taylor

Ethena surged over 140% in July, but an upcoming token unlock and whale exits now threaten to reverse its gains. Summary Ethena surged over 140% in July, driven by protocol growth, stablecoin expansion, and a major buyback announcement. A $103.6 million token unlock scheduled for Aug. 5 and whale sell-offs have raised concerns over short-term price pressure. ENA is currently trading near a key support level within a bearish wedge pattern. According to data from crypto.news, Ethena (ENA) was trading at $0.61 at press time, marking an 11% gain over the past 24 hours. The latest jump extends its 30-day…

Members of France’s National Rally have championed Bitcoin mining as a way to monetize France’s surplus nuclear electricity. Summary 76 French lawmakers, led by the National Rally, have proposed a five-year Bitcoin mining pilot using surplus nuclear energy. France’s nuclear fleet produces over 70% of the country’s electricity. Lawmakers argue the initiative would reduce economic losses tied to the sale of excess electricity at low market rates. According to French media outlet Le Monde, far-right lawmakers have positioned Bitcoin mining as a practical solution to longstanding energy and economic inefficiencies, arguing that the country’s underutilized nuclear grid offers an untapped…

Metaplanet has purchased additional Bitcoin for its treasury, advancing its goal of holding 210,000 BTC by 2027. Summary Metaplanet added 463 BTC on August 4, bringing total holdings to 17,595 BTC. BTC Yield year-to-date is 170%, with bitcoin per share rising 22× in 11 months. Capital raise, bond redemptions, and expansion targets signal continued BTC accumulation. Metaplanet has acquired 463 additional Bitcoin (BTC) for ¥7.995 billion ($55.17 million) at an average price of ¥17.27 million($119,163) per BTC, according to an Aug. 4 disclosure. This purchase increases the company’s total Bitcoin holdings to 17,595 BTC, valued at ¥261.28 billion ($1.80 billion).…

Key Takeaways Acting Chairman Caroline D. Pham said the initiative will focus on turning the President’s Working Group on Digital Asset Markets’ recommendations into concrete regulatory measures.  The CFTC said the Crypto Sprint will involve engagement with industry stakeholders, regulators, and the public to ensure rules keep pace with technological changes. The U.S. Commodity Futures Trading Commission (CFTC) on Thursday announced a “Crypto Sprint” initiative to accelerate the implementation of policy recommendations for digital asset markets.  Acting Chairman Caroline D. Pham said the initiative will focus on turning the President’s Working Group on Digital Asset Markets’ recommendations into concrete regulatory…

SharpLink Gaming has continued its aggressive Ethereum acquisition strategy, purchasing another 15,822 ETH worth approximately $53.9 million. Summary SharpLink added 30,755 ETH for $108.6M, bringing its holdings to 480,031 ETH. The entire treasury is staked and leadership includes ex-BlackRock and Consensys executives. Analysts are split, with some praiing institutional momentum and others warning of overvaluation. According to an Aug. 3 post on X by Lookonchain, the firm spent $108.57 million in USD Coin (USDC) over the preceding two days to acquire 30,755 Ethereum (ETH) at an average price of $3,530 per token. With this latest purchase, SharpLink now holds 480,031…

Bitcoin’s price slipped to a key support level on Sunday as investor appetite waned, tariffs rattled markets, and weak U.S. jobs data raised fresh concerns about economic momentum. At last check, Bitcoin was trading just below $114,000. That’s down 3.5% over seven days. See below. Source: CoinGecko Summary Bitcoin price crashed to $112,000, down by 8.9% from its all-time high. The drop occurred after Trump implemented tariffs on specific countries and following the release of weak jobs data. It has formed a break-and-retest pattern, indicating a strong rebound this week. Bitcoin price crashes as risks rise Bitcoin’s (BTC) price retreated…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. This is a follow-up interview to a three-part series of interviews with William Quigley, a cryptocurrency and blockchain investor and co-founder of WAX and Tether, which Selva Ozelli, Esq, CPA, Author of Sustainably Investing in Digital Assets Globally, initially conducted in 2024 exclusively for Crypto.news. Part One is about Sam Bankman-Fried’s and Changpeng Zhao’s prison sentences. Part Two is about cryptocurrency and banking. Part Three is about the future of NFTs. Summary The GENIUS Act, signed by…

Weekly non-fungible token sales dropped by double digits as sentiment in the crypto market waned. Summary The total NFT sales dropped by 10% last week. CryptoPunks and Pudgy Penguins sales fell by 42% and 43%, respectively. A jump in Courtyard and BAYC sales offset this decline. CryptoPunks, Pudgy Penguins NFT sales plunged last week CryptoSlam data indicate that total NFT sales decreased by 10% in the previous seven days, reaching $155 million. This decline happened even as the number of NFT buyers, sellers, and transactions jumped by over 20%. The weekly decline was primarily due to CryptoPunks, whose sales decreased…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Pepe Coin dips 10% this week as Little Pepe gains steam with 100x projections and rising investor interest. Summary As PEPE trades sideways, LILPEPE builds buzz with speed and utility. LILPEPE targets 100× rally with Layer-2 tech and $13.7m presale success. LILPEPE enters Stage 9 at $0.0018, eyes $0.18 breakout in 15 weeks. Pepe Coin (PEPE) trades at $$0.00001043, and over the last 24 hours, it has seen a modest 3.2% uptick in trading volume. However, the coin remains…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Little Pepe aims for $3 as DOGE rival, with better tech and 1000x potential at under $0.003 per token. Summary LILPEPE eyes 1000× gain as DOGE struggles to reclaim $0.26 support. Priced at $0.0018, LILPEPE builds fast on Layer-2 with $13.7m raised. Unlike DOGE, LILPEPE adds real utility via launchpad and EVM support. Dogecoin (DOGE) may have been the original memecoin pioneer, but a fresh contender is charging into the spotlight with greater speed, better fundamentals, and more explosive…