Robinhood Chain’s apps pulled in $2.66 million in revenue over 24 hours, edging out Ethereum and Hyperliquid L1 on the same metric. A Two-Month-Old Chain Punches Above Its Weight Even though the Arbitrum-built L2 launched its public mainnet on July 1, during Robinhood’s “The World Is Flat” event in London, it is already beating far […]
Bitcoin.com News•Shiraz Jagati31 Aug
Tether CEO Paolo Ardoino stressed that stablecoins are a more trusted form of money than tokenized bank deposits, explaining that they are collateralized by U.S. treasuries, while tokenized bank deposits are usually only backed by 10% in liquid assets. Tether CEO on Tokenized Deposits: “The Emperor Has No Clothes” The debate between several representations of […]
Bitcoin.com News•Sergio Goschenko31 Aug
Belgian authorities are intensifying their fight against digital piracy by requiring European domain registrars to hand over sensitive operator data, including cryptocurrency wallet details. Crackdown on Digital Piracy Belgian authorities have escalated their efforts to combat digital piracy by issuing sweeping demands to European domain registrars, requiring them to turn over financial records, cryptocurrency wallet […]
Bitcoin.com News•Terence Zimwara31 Aug
In June, 75% of tech job listings asked for explicit AI skills, up from 67% in March and a 178% year-over-year jump. That surge is forcing Gen Z to choose between hyper-specializing in areas like agentic AI and responsible AI or building a “geek polyvalent” profile that pairs technical range with human judgment, a framework […]
Bitcoin.com News•Guest Author31 Aug
52.8% of voters rejected resuming talks to join the EU, with citizens choosing to retain its current status as a member of the European Economic Area (EEA). This means Iceland remains outside the MiCA framework, at least until new regulation changes affect the EEA. Iceland Says No To EU Talks, Maintains Own Crypto Framework In […]
Bitcoin.com News•Sergio Goschenko31 Aug
According to Sberbank Deputy Chairman of the Executive Board Anatoly Popov, most crypto trading volume will continue to be routed outside the regulated exchange system. Even so, estimates put crypto trading volume on regulated exchanges at over $46 billion in the first year. Russia Regulated Crypto Trading To Reach $46.43 billion During First Year Russian […]
Bitcoin.com News•Sergio Goschenko31 Aug
An interactive map estimates how 67 million American crypto holders are distributed across every state and congressional district. Separate data show the industry supports nearly 232,000 jobs and $55.4 billion in economic activity. Interactive Map Tracks Crypto Holders Across the US An interactive map estimates where 67 million American crypto holders live, providing figures for […]
Bitcoin.com News•Kevin Helms31 Aug
Steak ‘n Shake says bitcoin payments have strengthened sales, reduced costs, and supported investment in food quality. Its strategy now extends beyond checkout to a bitcoin reserve and employee bonuses. Why Steak ‘n Shake Now Calls Itself a Bitcoin Company A burger chain founded in 1934 has redefined itself around bitcoin, Steak ‘n Shake shared […]
Bitcoin.com News•Kevin Helms31 Aug
U.S. forces struck Iranian rocket launchers near the Strait of Hormuz on Sunday after reportedly spotting preparations for another mining operation, abruptly ending a roughly monthlong lull in direct attacks between Washington and Tehran. Sunday’s Aug. 30 strikes put military risk squarely back over one of the world’s most critical energy corridors after more than […]
Bitcoin.com News•Jamie Redman31 Aug
Bitcoin derivatives traders are dragging a hefty book into September, with futures open interest at $54.82 billion while the spot price sits at $78,425 at 7 p.m. Eastern time on Aug. 30. Alongside this, options positioning tells a sharper story. Currently, calls dominate outstanding contracts, September expirations are heavily populated, and max-pain levels are mostly […]
Bitcoin.com News•Jamie Redman30 Aug
The UK government’s first official report on taxable crypto asset gains identifies 240 people who each declared more than £1 million in capital gains. Together, they reported £717 million, more than half of the £1.38 billion declared by 17,600 individuals. First Official Tax Report Identifies 240 Crypto Millionaires The UK government’s first official publication of […]
Bitcoin.com News•Kevin Helms30 Aug
As of this weekend, the digital asset solana (SOL) is closing August with its first monthly win in nearly a year, as institutional money, a tighter future token supply, and record network activity drove SOL back above $100 per coin. The token traded near $106 on Sunday afternoon after touching $110.38 on Aug. 27, its […]
Bitcoin.com News•Jamie Redman30 Aug
This week’s stories showed crypto pushing deeper into traditional finance as markets rallied. Charles Schwab moved beyond BTC and ETH by adding SOL, AVAX and LINK, while Circle minted 5 billion USDC in a week. Bitcoin reclaimed $80,000 as Treasury buybacks fueled debate over yield suppression, with Stanley Druckenmiller warning against intervention. Meanwhile, Coinbase and […]
Bitcoin.com News•Alex Richardson30 Aug
Following the Coldcard exploit that occurred 30 days ago in July, the episode and others that followed appear to have rattled many long-term holders, as August brought an enormous wave of dormant coins moving to new addresses. According to the latest metrics, 6,427.59 dormant BTC worth $507 million moved for the first time in years […]
Bitcoin.com News•Jamie Redman30 Aug
Russia’s largest bank plans to expand crypto-backed lending by accepting bitcoin, ether, and tether as collateral after new regulations take full effect. Sberbank says the initiative will build on its digital asset loan pilot. Sberbank Plans to Expand Crypto-Backed Lending Sber, Russia’s largest bank, majority-owned by the government, plans to accept bitcoin, ether, and tether […]
Bitcoin.com News•Kevin Helms30 Aug
September suddenly looks far less comfortable for rate-cut bulls, with the CME Fedwatch tool now pricing a quarter-point Federal Reserve hike at 57% at the upcoming Federal Open Market Committee (FOMC) meeting, after Chairman Kevin Warsh delivered a Jackson Hole speech that markets took as distinctly hawkish. The real action is now centered on the […]
Bitcoin.com News•Jamie Redman30 Aug
On Sunday, bitcoin’s price saw a rise of 1.5%, climbing to an intraday high of $78,960 before hitting some resistance. The leading crypto asset is attempting to acquire higher ground after falling from the $81,000 range a few days ago. Bitcoin Reclaims Ground After Recent Pullback Presently, at 10:10 a.m. Eastern time, BTC is trading […]
Bitcoin.com News•Jamie Redman30 Aug
Michael Saylor has revived speculation about Strategy’s next bitcoin move with a cryptic “We’re Back” message and holdings chart. The post followed a buying pause while the company accumulated $6.69 billion in dollar liquidity. Saylor Revives Strategy’s Bitcoin Purchase Mystery Speculation over a renewed bitcoin purchase emerged Sunday after Strategy Inc. (Nasdaq: MSTR) Executive Chairman […]
Bitcoin.com News•Kevin Helms30 Aug
From last Friday to this Friday, bitcoin has gone up roughly 2%, presumably digesting last week’s candle, the single largest weekly candle by dollar amount in its history. Thus far, the breakout has held. Through Thursday’s close, U.S. equities have also been flat to slightly positive, owed almost entirely to Nvidia’s nearly 9% Thursday surge, […]
Bitcoin.com News•David Sencil30 Aug
“Central bank reserves remain superior to stablecoins as the ultimate settlement asset,” European Central Bank Executive Board member Isabel Schnabel told attendees at the Jackson Hole Economic Policy Symposium. Schnabel’s Pitch Isabel Schnabel didn’t mince her words, stating unequivocally that stablecoins lack “the independent capacity to expand liquidity rapidly during periods of financial stress,” a […]
Bitcoin.com News•Shiraz Jagati30 Aug