Zcash rallied over 4.3% to cross $518, bringing its market cap to $8.65 billion and widening its lead over monero (XMR). Ecosystem Progress Zcash (ZEC) surged past the $500 mark on Monday, rebounding from an Aug. 11 slump that saw it dip below $470. Market data shows the privacy coin fell from under $495 on […]
Strive Inc. scooped up 79 bitcoin for roughly $5 million, pushing its corporate treasury to 20,246 BTC as of Aug. 14. The Dallas-based public asset manager accumulated the bitcoin (BTC) between Aug. 10 and Aug. 14 at an average cost of roughly $63,231 per coin, including fees and expenses. With bitcoin recently changing hands near […]
The U.S. Department of the Treasury has published a Notice of Proposed Rulemaking (NPRM) to clarify issues still unclear in the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, including the scope of the regulation, the extraterritorial character of its provisions, and other relevant elements before its implementation date. U.S. Department of the […]
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During the past week, bitcoin tumbled from over $65,000 to close just above $63,200, an approximately 3.2% weekly loss and briefly hit a low below $62,500 on Aug. 14. Bitcoin Leads Mid-August Market Pullback After finishing the first week of August with modest gains, the cryptocurrency market ended the second week in the red. Bitcoin, […]
This week’s stories spanned old crypto fortunes, transparency, market forecasts, trading expansion, and macro shifts. Dormant Ethereum whales moved millions after more than a decade, while KPMG issued Tether a clean audit on its 2025 financials. Arthur Hayes warned bitcoin could fall to $50,000 before eventually reaching $1 million, Wintermute committed $1 billion to AI […]
StablecoinX Inc. emerged from its Nasdaq merger with about 3 billion ENA tokens, a position equal to roughly 20% of the token’s supply. The New York company disclosed the stake with results for the quarter ended June 30. StablecoinX started trading as USDE on June 26, one day after closing its merger with TLGY Acquisition […]