Bitcoin hovered near $63,000 after hitting an intraday low of $62,470, remaining virtually flat over 24 hours and leaving seven-day losses at 2.6%. BTC Stumbles Near $63,000 Bitcoin dipped below $63,000 for the second consecutive day on Friday, with the decline deepening in early trading. The cryptocurrency initially appeared to consolidate around $63,400 hours after […]
Bitcoin.com News•Terence Zimwara14 Aug
SpaceX has completed its $60 billion acquisition of Cursor, bringing the AI coding company and its model-development operation under SpaceX. The transaction deepens a partnership centered on using large-scale computing infrastructure to train more capable models. SpaceX Closes $60 Billion Cursor Acquisition Space Exploration Technologies Corp. (Nasdaq: SPCX) completed its acquisition of Cursor on Aug. […]
Bitcoin.com News•Kevin Helms14 Aug
Bitcoin’s network hashrate has fallen as much as 17% below its all-time high, per CryptoQuant, as publicly listed miners redirect power and capital toward artificial intelligence data centers instead of chasing new mining capacity. Hashrate Pulls Back From Record Highs Bitcoin’s network hashrate, the combined computing power securing the blockchain, has retreated meaningfully from its […]
Bitcoin.com News•Shiraz Jagati14 Aug
Bitgo reported $4.3 billion in second-quarter revenue, up nearly 80% from a year earlier, as trading and stablecoin activity increased. The company still posted a $19 million net loss while cutting costs, expanding AI use and authorizing a $50 million share buyback. Bitgo Posts $19M Loss Despite $4.3B in Q2 Revenue Bitgo reported a sharp […]
Bitcoin.com News•Emmanuel Musa14 Aug
RealFi has opened its Public Testnet, giving users and developers access to USDr, its dollar-pegged stablecoin, and sUSDr, the test token designed to earn returns from real-world assets. The Testnet is now live and serves as the first phase of public testing before RealFi’s mainnet launch later this year. Participants can explore the full flow, […]
Bitcoin.com News•Media14 Aug
U.S. spot bitcoin ETFs lost $131.13 million on Thursday, extending a difficult stretch for the market’s largest crypto funds. Ether ETFs added $6.72 million, while XRP products drew $2.25 million. Ether ETFs Add $6.72M as Bitcoin Funds Stay Under Pressure The week’s pressure on bitcoin ETFs intensified on Thursday as redemptions spread across several major […]
Bitcoin.com News•Emmanuel Musa14 Aug
MSCI is weighing new eligibility rules that could remove Michael Saylor’s Strategy and Japan’s Metaplanet from its widely tracked Global Investable Market Indexes, a shift that could force up to $2 billion in passive selling. A New Screen Targets Bitcoin Treasury Companies Index provider MSCI has opened a consultation on new eligibility criteria for its […]
Bitcoin.com News•Shiraz Jagati14 Aug
A whale has placed roughly $203.47 million in limit short orders against tokenized SpaceX shares, betting on a pullback just as trading volume around the stock has surged to record levels. A Large Bearish Bet on Tokenized SpaceX Shares Onchain analytics account Lookonchain flagged a large short position against SPCX, the tokenized version of SpaceX […]
Bitcoin.com News•Shiraz Jagati14 Aug
The Securities and Exchange Commission has further delayed its long-awaited tokenization “innovation exemption,” with the holdup tied to unresolved negotiations over the CLARITY Act’s tokenization provisions in Congress. Another Delay for the Innovation Exemption The SEC’s tokenization “innovation exemption,” a proposed framework that would let firms test blockchain-based trading of tokenized U.S. equities without meeting […]
Bitcoin.com News•Shiraz Jagati14 Aug
JPMorgan Chase disclosed a $355.7 million stake in Blackrock’s spot Bitcoin exchange-traded fund (ETF) in its latest quarterly filing, alongside fresh XRP and ether exposure, even as the broader Bitcoin ETF market logged a $61 million outflow the same week. JPMorgan’s Bitcoin, Ether Holdings Climb in Q2 JPMorgan Chase & Co. filed its 13F-HR institutional […]
Bitcoin.com News•Shiraz Jagati14 Aug
ParaFi’s Jeff Park stresses that while AI has been syphoning interest and funds from the crypto ecosystem, ultimately, when the bubble bursts, capital will be ready to be reinvested in hard-to-ignore, scarce solid assets such as bitcoin. Jeff Park: Bitcoin Will Ultimately Benefit From the Rise of AI While reports have established an inversely proportional […]
Bitcoin.com News•Sergio Goschenko14 Aug
Everton U21 forward Martin Sherif has been charged by the English Football Association over 61 alleged bets on football matches between Nov. 20, 2024, and Feb. 12, 2026. The case lands three months after Entain warned Everton about its crypto-linked sponsor Stake, although the FA statement does not identify the operator used or connect the […]
Bitcoin.com News•Luci Kelemen14 Aug
Walter Castanedo bought a rundown three-bedroom house in East Toledo for $1,000 in May 2024, then uncovered $10,000 in $100 bills on New Year’s Eve while gutting the basement, including five envelopes wedged between bricks where a potbelly stove likely once sat. The newest bill was dated 1981, and $10,000 from January 1981 would equal […]
Bitcoin.com News•Guest Author14 Aug
The FBI received reports of $20.877 billion in internet-crime losses during 2025, while complaints involving cryptocurrency accounted for $11.37 billion. Trump’s memorandum directs the creation of a federally supervised program that would let vetted U.S. companies disrupt foreign criminal networks. How the New Cyber Program Takes Shape Foreign cybercrime networks could face a U.S. disruption […]
Bitcoin.com News•Kevin Helms14 Aug
Bank of Montreal’s $303.65 billion consolidated securities filing reports $2,970 of XRP fund shares, split between two exchange-traded products. The disclosure traces both positions to a controlled investment adviser without identifying their beneficial owner. Two Line Items Inside a 14,271-Position Filing Bank of Montreal (NYSE: BMO) filed a consolidated report containing $2,970 of XRP-linked fund […]
Bitcoin.com News•Kevin Helms14 Aug
XRP closed near $1 on Aug. 13, about 69% below its January 2025 peak. Daily active addresses rose roughly one-third in August, while new-address creation remained virtually unchanged from July. XRP Price Weakness Collides With Higher Ledger Activity XRP traded near $1 on Aug. 13, its lowest level since November 2024 and roughly 69% below […]
Bitcoin.com News•Kevin Helms14 Aug
Michael Saylor’s framework assigns separate roles to bitcoin, Strategy’s STRC preferred stock, Solstice Finance’s yield-bearing SR-strcUSX token, and USDT. The model shows how financial companies could convert volatile bitcoin capital into credit, savings products, and payment assets. Saylor Extends Bitcoin Beyond Direct Ownership Bitcoin can support several financial products rather than only function as a […]
Bitcoin.com News•Kevin Helms14 Aug
Solstice Finance has launched a Solana-based product that splits the dividend income and price risk of Strategy’s STRC preferred stock into separate senior and junior tokens. The firm is also extending its USX dollar product into Zebec Network’s payroll platform. Solstice Lets Investors Split STRC Yield and Price Risk on Solana Solstice Finance is bringing […]
Bitcoin.com News•Emmanuel Musa14 Aug
XRP’s price at closing will determine how many Evernorth shares investors receive under the amended transaction. Based on Aug. 13 prices, fewer shares are expected, giving each Armada II share a larger interest in Evernorth’s XRP treasury. XRP Price and Closing Share Issuance XRP’s market price at closing will determine how many shares Evernorth allocates […]
Bitcoin.com News•Kevin Helms13 Aug
A young French couple in the Somme department endured three home invasions in under a month after their residence was mistakenly targeted by criminals seeking cryptocurrency. Three Attacks in Less Than a Month A French couple endured three home invasions in less than a month after criminals targeted their home, believing it belonged to cryptocurrency […]
Bitcoin.com News•Terence Zimwara13 Aug