Bitcoin ETF Acquires $23.5M in Shares
Cathie Wood’s @ARKInvest invested over $23.5M in BitMine Immersion Technologies and Bullish across its ETFs, while trimming stakes in other firms. BitMine holds 1.87M ETH valued at $8B. #Update #Crypto $ETH
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Cathie Wood’s @ARKInvest invested over $23.5M in BitMine Immersion Technologies and Bullish across its ETFs, while trimming stakes in other firms. BitMine holds 1.87M ETH valued at $8B. #Update #Crypto $ETH
@Stripe CEO Patrick Collison highlights the growing adoption of stablecoins for faster, cheaper payments, citing their use by businesses like SpaceX and DolarApp. Tempo blockchain launched to support these transactions. #Update #Crypto $USDC
Adam Back critiques “JPEG spam” on Bitcoin, noting 20% increase in JPEG inscriptions to 105M since May, raising fees to 7,000 BTC ($777M). He warns of reputational harm and higher costs for users. #Update #Crypto $BTC
Stellar’s $XLM surged 5% to $0.37 before a final-hour drop returned it to $0.36, closing 1% higher than the opening; strong trading volumes indicate robust market interest. #Update #Crypto $XLM
An early Ethereum ($ETH) investor staked 150,000 ETH, valued at $646 million, after three years of inactivity. This follows a trend of dormant ICO whales re-entering the market. #Update #Crypto $ETH
A new “CopyPasta License Attack” exploit threatens AI coding tools like @Coinbase’s Cursor, which generates 40% of its code. Security teams urge scanning for hidden comments to prevent malicious code spread. #Update #Crypto $BTC
@Hyperliquid is set to launch its USDH stablecoin, pending validator approval, amid growing demand as the DEX recorded $398 billion in derivatives trading last month. #Update #Crypto $USDH
@MicroStrategy’s strategy missed S&P 500 inclusion despite strong quarterly performance; stock fell nearly 3%. In contrast, @Robinhood was added, boosting its shares by 7%. #Update #Crypto $MSTR $HOOD
The U.S. Senate advanced a new crypto regulatory bill, enhancing developer protections and bankruptcy guidelines for digital assets, amid ongoing bipartisan support; timing for final passage remains uncertain. #Update #Crypto $BTC $ETH
@SOLStrategies has secured approval to list on Nasdaq under ticker STKE starting Sept. 9, with shares up 8% in Toronto. The firm aims to enhance liquidity and attract institutional investors. #Update #Crypto $SOL
$FIL spiked 3% to $2.32 before a 2% decline, with trading volatility and critical resistance at $2.38; overall market remained stable. #Update #Crypto $FIL
Ethereum’s validator entry queue has surpassed the exit queue for the first time in weeks, with 932,936 $ETH ($4B) entering compared to 791,405 $ETH ($3.3B) exiting, signaling renewed staking demand. #Update #Crypto $ETH
Bitcoin trades flat near $105,650 amid U.S.-China trade optimism; Hang Seng rises 1.3%. XRP at $2.24 as APEX 2025 conference begins in Singapore. #Update #Crypto $BTC →
Bitcoin ($BTC) remains stable at $106,332 amid U.S. tensions as President Trump deploys National Guard to Los Angeles; bullish momentum suggests potential test of $107,000 resistance. #Update #Crypto $BTC (+2) ↗