The memecoin market lost almost 40% in a day before slightly rebounding, as top tokens like DOGE and SHIB remained deep in the red.
Bitcoin retail interest in ‘bear market’ as crypto sentiment flips to fear
Despite recent all-time highs and volatility, search interest for “Bitcoin” on Google remained low as the crypto sentiment index returned to “fear.”
Trump’s second term fuels a $1B crypto fortune for his family: Report
The Trump family’s crypto ventures have generated over $1 billion in profits, led by World Liberty Financial and family-backed memecoins like TRUMP and MELANIA, according to the FT.
SEC chair: US is 10 years behind on crypto, fixing this is ‘job one’
SEC Chair Paul Atkins said the US is “10 years behind” on crypto and that building a regulatory framework to attract innovation is “job one” for the agency.
Kraken doubles down on US futures with $100M ‘Small’ acquisition
After acquiring NinjaTrader for $1.5 billion, Kraken expands its derivatives offerings in the US with a $100 million acquisition of Small Exchange.
Strive’s crypto merger with Semler Scientific faces shareholder revolt
Shareholder Terry Tran filed a lawsuit against Semler Scientific and its board, accusing them of misleading shareholders about the financial fairness of their merger with Strive.
Bitcoin needs a fresh catalyst to avoid a ‘deeper correction’ — Analysts
Bitcoin will need something new and shiny to drive it to fresh highs, as some analysts warn the asset could face a volatile month ahead.
Australia’s financial watchdog could gain power to ban crypto ATMs
Minister Tony Burke said the government won’t be pushing for an outright ban on crypto ATMs, but wants to provide AUSTRAC with the power to implement one under new draft laws.
BitMine appears to buy the dip as ETH is down 20% from peak
Onchain data suggests that BitMine acquired 104,336 ETH, worth approximately $417 million, on Thursday, as prices fell 20% from their August highs, bringing its treasury to over 2.5% of the total supply.
Banks fumble TXs too; at least Paxos’ $300T error was transparent
Fat finger errors happen all the time, especially in traditional banking. The difference is that blockchain makes it transparent and immediately identifiable.