CryptoSlate — page 26

Coverage, page 26

page 26 of 64

Trump wants the US to become a Bitcoin whale, but Congress controls the wallet

President Donald Trump said on Aug. 20 that the US is considering accumulating sizable amounts of Bitcoin and other cryptocurrencies. Current law gives his administration several ways to increase federal crypto holdings, though no public authority gives Treasury a funded program for multibillion-dollar open-market purchases. For Bitcoin, Trump's 2025 executive order already directs Treasury and […]

CryptoSlate•Gino Matos20 Aug

A crypto network just voted to abandon its standalone blockchain and unlock 27% of its token supply

GnosisDAO has approved a plan to retire Gnosis Chain’s standalone Layer 1, a shift that will unlock roughly 350,000 staked GNO. Under GIP-153, Gnosis Chain will become a zero-knowledge-proven Ethereum Economic Zone rollup that settles directly to Ethereum every block. The network will eventually retire its independent validator set and inherit security from Ethereum validators […]

CryptoSlate•Oluwapelumi Adejumo20 Aug

Bitcoin flashes 8 capitulation signals, but traders just spent $552 million protecting against another crash

Bitcoin is showing some of the strongest capitulation signals of the current downturn, suggesting the selloff may be entering a later stage even as the market offers little evidence of an imminent rebound. Eight of the 12 indicators tracked by VanEck are currently flashing capitulation, while all 12 reached extreme levels at some point during […]

CryptoSlate•Oluwapelumi Adejumo20 Aug

Bitcoin treasury Hyperscale sells 686 BTC to clear loans but says cash won’t cover next 12 months

The August repayment ended the immediate collateral risk while the company’s going-concern warning and Michigan financing need persisted.

CryptoSlate•Liam 'Akiba' Wright20 Aug

Can tokenized assets continue to scale faster than the revenue models behind them?

Securitize closed its first quarter as a public company with average tokenized assets under management hitting a record $4.3 billion, up 16% year over year, while transaction volume on the platform jumped 147% to $5.3 billion. Total revenue fell 5% to $14.4 million, tokenization revenue dropped about 12% to $7.8 million, and adjusted EBITDA swung […]

CryptoSlate•Gino Matos19 Aug

Bitcoin’s $69,000 breakout now hinges on yields after Fed warns more tightening may be needed

Bitcoin ran from around $64,100 to nearly $70,000 within hours on Aug. 19, once the US Treasury unexpectedly doubled its planned buybacks of long-dated government debt. The move pushed bond yields lower and forced roughly $1.4 billion of crypto short positions out of the market in just four hours. Treasury said it would raise the […]

CryptoSlate•Gino Matos19 Aug

Down 50% on crypto and burning $8 million in cash, this Nasdaq firm just pivoted to event robots to survive

Its holdings were valued at $5.21 million on June 30, while order economics and sale timing remain undisclosed.

CryptoSlate•Liam 'Akiba' Wright19 Aug

Solana is slashing per-block compute limits so its new 350ms speed boost doesn’t overload the network

The draft cuts per-slot limits as slots shorten, squeezing leader handoffs and off-chain timing without raising the theoretical CU-per-second ceiling.

CryptoSlate•Liam 'Akiba' Wright19 Aug

Bitcoin holders face potential exchange freezes as new chain rollout tests replay safety and market stability

The exchange has not set suspension times as block 963,648 opens an Alpha stage for practice ECX.

CryptoSlate•Liam 'Akiba' Wright19 Aug

Hashdex liquidates $14.7 million Bitcoin ETF as IBIT draws $143.6 million

DEFI holders await a late-August cash payout exposed to closing costs and Bitcoin prices after NYSE Arca trading ended Aug. 17.

CryptoSlate•Liam 'Akiba' Wright19 Aug

Circle renews Coinbase deal creating two ways to challenge Coinbase’s USDC payouts, but neither works quickly

The new term opens 60- and 90-day cure paths, followed by possible exclusions and up to 12 months of payments.

CryptoSlate•Liam 'Akiba' Wright19 Aug

How crypto turned a 68-point deficit into a market lead as Bitcoin and top altcoins outrun the Nasdaq

Bitcoin trailed the Nasdaq 100 by 68 percentage points over the past year, and it has spent the last 60 days turning that deficit into a five-point lead. According to Glassnode's cross-asset return table, Bitcoin fell 44% over the past twelve months while the Nasdaq climbed 24%, making crypto the only asset group in the […]

CryptoSlate•Gino Matos19 Aug

Bitcoin price hits $69,500 because US just doubled Treasury buybacks to crush long-term yields

Bitcoin and Ethereum surged above $69,500 and $2,000 on Wednesday after the US Treasury doubled planned buybacks of long-dated government debt. On Aug. 19, the Treasury Department said it will raise the maximum size of its liquidity-support operations for 10- to 20-year and 20- to 30-year securities from $2 billion to at least $4 billion […]

CryptoSlate•Oluwapelumi Adejumo19 Aug

Wall Street piled $1.2 billion into MSTR in Q2 before Strategy turned its Bitcoin flywheel toward rescuing STRC

Wall Street institutions increased their exposure to Strategy's MSTR in the second quarter, just before Michael Saylor’s Bitcoin accumulation machine began redirecting capital toward STRC. On Aug. 18, Strategy said 12 of its 15 largest institutional shareholders increased their MSTR positions through June 30. The company said those additions lifted combined holdings by $1.2 billion. […]

CryptoSlate•Oluwapelumi Adejumo19 Aug

Metaplanet’s US Bitcoin treasury bet could unlock up to $3.4 billion, but there’s a catch

The proposed deal hands Metaplanet 95.7% at closing, while later capital depends on unexercised warrants and an optional preferred right.

CryptoSlate•Oluwapelumi Adejumo19 Aug

A hidden divide inside the Fed could trigger a hawkish shock for Bitcoin at 2 PM today

The minutes become a hawkish shock only if tightening support stretched beyond the three officials who formally dissented.

CryptoSlate•Liam 'Akiba' Wright19 Aug

Ripple just scored two major institutional wins but XRP traders are bracing for a bigger move

On Aug. 18, Ripple deepened its push into traditional finance, securing a South Korean banking deal as its prime brokerage raised $275 million. The crypto payment company revealed that South Korea's Jeonbuk Bank became the country's first regional lender to deploy Ripple Payments for cross-border business transfers, replacing SWIFT-based correspondent-bank transfers that can take days […]

CryptoSlate•Oluwapelumi Adejumo19 Aug

Bitcoin’s Q2 selloff split Wall Street as banks bought, hedge funds cut and sovereigns held

Bitcoin fell 14.2% in the second quarter, while institutional Bitcoin ETF holdings rose 7.5% over the same period, climbing from 498,389 to 535,723 BTC equivalent. Fewer institutions drove that increase, with the number reporting Bitcoin positions through 13F filings falling roughly 6.8%, from about 2,000 to around 1,900. Those figures are Bitcoin Strategy's second-quarter estimate, […]

CryptoSlate•Gino Matos19 Aug

SEC opens door to day-one crypto insider sales that Senate draft would block

The SEC's new crypto fundraising proposal deliberately treats tokens as free to trade as soon as a buyer acquires them, unless the issuer or another law says otherwise. Insiders typically know more than the public while a token project is still being built, and their incentives do not always line up with everyone else's. The […]

CryptoSlate•Gino Matos19 Aug

This Solana treasury company may sell SOL as a DeFi loan ties up more than half its treasury

Even after its estimated C$22 million unencumbered crypto, roughly C$12.2 million of the illustrative gap remains.

CryptoSlate•Oluwapelumi Adejumo19 Aug